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According to a report released by CS Global Partners, Saint Lucia’s Citizenship by Investment Program is fast becoming a firm favorite for global investors looking for a destination with attractive investment options and the opportunity to gain second citizenship. 

CEO of the Citizenship by Investment Unit, Mc Claude Emmanuel, is working hard to increase the reputation and stature of the CIP, which is now one of the most sought-after investment programs – this is despite it only being around for less than a decade. 

Current strategies that have been implemented have been successful in contributing to a positive view of the program – one that offers lucrative investment options in a safe and peaceful destination. 

With several countries offering CIP solutions, most of them concentrated in the Caribbean, Saint Lucia competes with some top award-winning brands that have been recognized by the annual CBI Index, used to rate top CIP programs worldwide. 

The CBI Index report saw Saint Lucia claim the third spot in 2022. Out of the nine pillars of the CBI Index, Saint Lucia secured top spots in Minimum investment outlay, Ease of processing, Mandatory travel, and Residence. 

As uncertainty becomes the norm worldwide, entrepreneurs and families alike seek stable destinations to hedge and protect their investments. 

The report by global citizenship planning firm, CS Global Partners, found that CIP is an effective tool for the world’s wealthiest to protect and grow their wealth as it forms part of an effective financial plan that considers inheritance and wealth taxes – especially for those who want an alternative and time-effective solution. 

The Citizenship has launched various campaigns and initiatives by the Investment Unit of Saint Lucia to encourage more investors to make the right choices to build, grow, and invest in the country. To increase the integrity and competitiveness of the program, CEO Emmanuel has been working to strengthen the program.  

Investors are interested in the Saint Lucia CIP as it offers business opportunities through investment options that are designed to benefit the local community, the economy, infrastructure development, developers, investors, and education and healthcare.