5 reasons Why Americans are Investing in Saint Lucia Citizenship by Investment

Published by CS Global Partners

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Published by CS Global Partners 〰️

More and more Americans are choosing to move to Saint Lucia and enjoy the tropical weather and island lifestyle, and they find that this island offers more affordable living standards along with lush mountains, friendly locals and great food and beaches.

Saint Lucia offers beautiful natural scenery, a stable currency, rich culture, friendly people, and access to neighbouring islands and international cities. The Caribbean Island is a fairly large country in the region with a population of 180,000 and boasts a big expat community.

Here are 5 reasons why Americans are investing in and moving to Saint Lucia:

 Quality of life

Far from the bustling cities, the tranquil island of Saint Lucia offers all the modern amenities wrapped up in a natural paradise. As a member of the UN, CARICOM, and various other Caribbean-based unitions, the country is safe and stable.

The country offers modern healthcare and infrastructure, internet, digital TV, and reliable electricity, gas, and water supplies. Furthermore, residents have access to affordable fresh fruit and vegetables in all of Saint Lucia’s local markets.  Saint Lucia is a well-known Caribbean ‘foodie’ destination, with regional specialities which include bouyon, langouste, and pepperpots.

The nation also uses the Eastern Caribbean Dollar which has been pegged to the US Dollar for over forty years.

 It is beautiful

For many years, Saint Lucia has been the honeymoon destination for newlyweds looking for the ideal romantic getaway, and it is easy to see why. Voted “Caribbean’s Leading Honeymoon Destination” at the 28th Annual World Travel Awards and the 5th best island in the Caribbean, Bermuda, and the Bahamas by Travel + Leisure World’s Best Awards in 2022, Saint Lucia is a popular destination for tourists.

Set amid dramatic volcanoes, pristine beaches, and lush jungles, this nature-lover’s paradise attracts visitors who want to spend their days exploring, relaxing and reconnecting.

The landscape is incredibly varied, from the Mount Soufriere Sulphur Springs Park, the only drive-in volcano in the world, to the iconic Piton mountains, Diamond Falls Botanical Gardens, to Pigeon Island National Park, there is so much on offer. 

Those who enjoy an active lifestyle can enjoy snorkelling and scuba diving in the crystal clear waters, hiking the nature trails, mountaineering, horse riding, ziplining, and so much more. 

It is located close to and has friendly ties to the US

Located between Martinique and St. Vincent, Saint Lucia is easy to get to via dozens of direct flights from countries including the USA, Canada, the UK and many other locations. It is just a 3-and-a-half-hour flight from Miami, making it convenient to visit family and do business.

The two nations are friendly and have various bilateral treaties, including a maritime law enforcement agreement, a mutual legal assistance treaty, and an extradition treaty.

Furthermore, Saint Lucia and the United States belong to a number of the same international organizations, including the United Nations, Organization of American States, International Monetary Fund, World Bank, and World Trade Organization

It is the perfect retirement plan

Who doesn’t dream about spending your golden years on a Caribbean Island? Saint Lucia is a beautiful and friendly island that offers a relaxed lifestyle. The pristine beaches, lush rain forests, mountains, and waterfalls make it an ideal island for those looking to retire away from big cities.

Retirees, and those considering their options, will find that Saint Lucia checks many of the boxes and will meet their needs. It is located close to the US, with direct flights to Europe, Canada, and the US. It also has affordable private health insurance and boasts a top quality of life. Furthermore, Saint Lucia offers a low cost of living, which means that retirees are able to stretch out their nest egg.

 Alternative investment opportunities

Saint Lucia’s Citizenship by Investment Programme is the latest in the Caribbean region and is on par with some of the best programmes in the region. Launched in 2016, Saint Lucia has performed exceptionally well in the 2021 CBI Index, published by the PWM Magazine of Financial Times. 

Investors can protect and grow their wealth by investing in alternative citizenship, which helps in portfolio diversification as well as wealth planning.

Saint Lucia offers four routes to alternative nationality, including investing in the National Economic Fund (NEF), Government-approved real estate, pre-approved enterprise project, or Government bonds.

The quickest route to second citizenship is through the National Economic Fund Investment, most commonly known as the Fund Option under which the investors contribute to the country's socio-economic development. The minimum investment under this investment option is USD 100,000.

Citizenship by Investment Programme of Saint Lucia provides the following benefits, including:

·     Portfolio diversification and wealth planning

·     Economic opportunity

·     Citizenship for life, which can be passed on to future generations

·     Enhanced global mobility

·     Quality of life

·     Safety and security

Article: www.csglobalpartners.com

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