Skip to content
Menu
Kyss FM 102.5
  • News
    • Local News
    • Weather
    • Sports
    • Regional News
    • International News
    • Press Releases
  • Commentaries
  • Weekly Schedule
  • Login
  • Contact Us
Close Menu
Prime-Minister-Allen-Chastanet-has-said-Saint-Lucia-is-now-looking-for-new-citizens-and-is-promising-those-who-can-afford-the-£78000-passport-citizenship-within-three-months..jpg
November 19 2019

Prime Minister Allen Chastanet has said Saint Lucia is now looking for new citizens and is promising those who can afford the £78,000 passport, citizenship within three months.

Regional News

Speaking during a “global citizenship conference” at a five-star hotel in London for 300 members of the super-rich elite, he said that Saint Lucia’s economic mission was to target “high net-worth individuals and giving them a comfortable place to live”.

He said those who can pay the “contribution to the national economic fund” of £78,000 will receive citizenship to the island within three months.

He also said that new citizens are not expected to live in Saint Lucia as long as the money is paid to the economic fund and a home is bought on the island.
“St Lucia is modernizing itself, and going to be making itself competitive on a global basis,” he told the gathering. “And it’s looking for new citizens that want to take advantage of what Saint Lucia has to offer.”
Chastanet also stated that many of the island’s new citizens are from the US.

“When they’re traveling abroad, they don’t want to have a US passport,” he remarked.

Chastanet explained on Facebook that his presentation at the conference focused on “Saint Lucia’s Citizenship by Investment Programme, including due diligence, the island’s tourism and real estate markets and how we are working to make Saint Lucia the best place to Live, Work, Visit and Invest”.

He also took part in a panel discussion on “Citizenship by Investment on the World Stage” which featured Prime Minister of Malta Dr. Joseph Muscat, Prime Minister of Montenegro Dusko Markovic, Prime Minister of the Republic of Albania Edi Rama and Prime Minister of Antigua Gaston Browne.

The three-day event was hosted by Henley and Partners and cost £1,500 a ticket.

Police case against Constable Lennox Hodge dismissed BURGER KING SUED BY VEGANS FOR IMPOSSIBLE BURGER CONTAMINATION

Related Posts

News, Regional News

Barbados COVID-19 death toll now 24

covid19-positive_orig.jpg

Regional News

Dominica has 5 new confirmed cases of COVID-19 reported, total confirmed cases 68

General-Manager-of-Puerto-Ricos-Caribe-Hilton-Hotel-Pablo-Jose-Torres-Sojo.jpg

Regional News

Puerto Rican hotelier now heads CHTA

Recent Posts

  • Myanmar coup: Protesters face up to 20 years in prison under new law February 15, 2021
  • Barbados COVID-19 death toll now 24 February 15, 2021
  • The Local Weather Forecast for St Kitts and NevisValid up to 8 am tomorrow Tuesday 16th February 2021. February 15, 2021

Register
Forgot your password?
Back To Top
© Kyss FM 102.5 2021
Designed By www.krownvision.com