Castries, Saint Lucia: Mc Claude Emmanuel, the CEO of the Citizenship by Investment Unit of Saint Lucia, is putting every possible effort to strengthen the Citizenship by Investment Programme, focusing majorly on due diligence.
The CEO is working towards making it the first and foremost choice of the investors. Each investor needs to make a minimum qualifying investment of US $100,000.
Saint Lucia is the latest one to join the CBI programme and compete with the best in terms of what has to be offered by High Net Worth Individuals (HNWIs).
The effective measures taken by CEO Emmanuel have led to an increase in demand for the CBI Programme and has emerged as an ideal platform for the growth of the business.
As per a statement issued by the HNWIs, the individuals always wanted to work with Saint Lucia to get access to the international market and secure a stable life.
Reportedly, HNW individuals and investors from all over the world are opting for Saint Lucia as an ideal destination to receive lifetime opportunities.
The Citizenship by Investment Unit has made necessary efforts and taken important steps to embrace the integrity of the Saint Lucia CIP.
Since its inception in 2015, the Unit of CIP has been working dedicatedly to boost the due diligence procedure of the programme. It has been the priority of the Head to favour the procedures of due diligence and ensure that only legitimate investors get the citizenship of the nation.
Considering the same, CEO Emmanuel confirmed at the beginning of the year 2023 that the unit will not compromise the integrity and value of Saint Lucia’s Citizenship by Investment Programme.
To maintain the overall integrity of the CBI Programme of Saint Lucia, the background of the applied applications will be checked strictly and is one of the primary aspects that need to be considered.
Emmanuel mentioned that his team will not compromise on due diligence and ensured that every applicant is screened, vetted and go through a proper assessment.
The CIP Unit is working dedicatedly to ensure that only reputable applicants acquire alternative citizenship in the country.
The CEO mentioned that they are safeguarding the integrity of their programme and are on the drive to enhance the due diligence procedures.
The programme provides investors and their families a chance to become citizens of Saint Lucia in around four months. At present, there are four main ways through which investors can acquire the citizenship of Saint Lucia, with the primary one being through the National Economic Fund.
Last year in January, the country modified the regulations, governing the CBI Programme to remain competitive.
The changes were introduced in Jan 2023 and included reductions in the real estate investment amount from US $300,000 to US $200,000.
Notably, Mc Claude Emmanuel has concentrated mainly on creating efficient policies in order to boost the performance of the Saint Lucia CIP. His objective is to maintain its position towards the highest-ranked CBI Programme in the world.
