Castries, Saint Lucia, Dec. 08, 2022 (GLOBE NEWSWIRE) — The head of Saint Lucia’s Citizenship by Investment Unit, Mc Claude Emmanuel, was in the United States of America recently for the 7th Annual Private Wealth Florida Forum.
The invitation-only event is attended by private wealth and institutional investors, including wealth managers, corporate pensions, public pensions, insurance funds, endowments, foundations, sovereign wealth funds, health care organizations and private bankers. The event aims to bring together the investment management community for peer driven thought leadership experiences that provide a platform for education, business development and networking.
Emmanuel was speaking to wealth managers on why Saint Lucia should form part of their basket of offshore investment options.
As one of the youngest citizenship by investment offerings on the market, Saint Lucia certainly competes with the best in terms of what it has to offer investors.
There are currently four main ways investors can gain a coveted Saint Lucia citizenship, with the main one being through the National Economic Fund. This Fund was established to drive foreign direct investment to nation building projects such as increasing and improving infrastructure in country. Through this Fund, highways, bridges, schools and hospitals have been upgraded and built.
For a minimum investment of US$100 000.00 for a single applicant, US investors can become part of the Caribbeans biggest success…