WorldWay has received significant positive news: The government of Saint Lucia recently announced that the country's unemployment rate dropped from 21.8% to 15.5% in the first three months of 2019, an overall decline of approximately 6%! This signifies that the Saint Lucian economy is moving in a positive direction, which is of great significance!
Prime Minister of Saint Lucia, Allen Chastanet, stated on social media, "The unemployment rate is very encouraging. Considering the continuous influx of private investment companies from the United States, Canada, and elsewhere, the government hopes to further reduce the unemployment rate." WorldWay experts note that the Saint Lucian government’s introduction of overseas investment companies and the pursuit of project collaborations with them are highly conducive to improving employment for Saint Lucian citizens and will further continue to stimulate economic growth!
In fact, Saint Lucia, located in the Caribbean, is in close proximity to the United States and Canada, with direct flights available to Saint Lucia from major cities such as New York, Philadelphia, Atlanta, Charlotte, Miami, Toronto, and Montreal. As a major Commonwealth nation in the Caribbean, Saint Lucia boasts iconic Caribbean natural landscapes, including blue seas and clear skies, fine white sand beaches, and tropical rainforests. Its economy is primarily driven by tourism, with tourism revenue consistently accounting for over 70% of the GDP. With the development of the tourism industry and the implementation of investment migration programs, this jewel of the Caribbean is attracting significant attention.
Saint Lucia attracts global investors with its high-quality education, comprehensive medical system, and stable economic development, allowing them to embark on a brand-new international lifestyle. In recent years, the Saint Lucia Citizenship by Investment Program has become a new favorite in the immigration industry, representing a classic model of "aristocratic status at a civilian price," and its passport program has captured the attention of visionary investors worldwide. Furthermore, according to the latest amendments to the Saint Lucia Citizenship by Investment Act, it is clearly stipulated that the main applicant may add dependents after obtaining citizenship, better meeting the needs of the applicant and their spouse's accompanying family members, truly achieving multi-generational immigration—a major benefit for investors!
In 2015, Saint Lucia passed the Citizenship by Investment Act. According to the 2017 amendment, applicants can obtain Saint Lucian citizenship for their whole family of up to three generations with a contribution starting from $100,000 USD. The passage and implementation of this act have made Saint Lucia one of the most cost-effective investment migration programs globally.
Advantages of the Saint Lucia Passport Program
● Obtain legal citizenship for the whole family in one go with a starting contribution of only $100,000 USD. Aristocratic status at a civilian price;
● Convenient travel: The passport offers visa-free, visa-on-arrival, or e-visa access to nearly 150 countries and regions, including the UK, Schengen countries, Ireland, the UAE, South Korea, Hong Kong (China), Taiwan (China), and Singapore;
● Short processing time, typically approved within about 12 weeks of submission;
● No immigration residency requirements; no requirement to land in the country;
● Children can enjoy free British-style education. If they return to China for further studies as international students, those who meet the criteria can easily enter prestigious domestic universities without a written entrance exam; Commonwealth academic credits are mutually recognized, allowing transfers to other Commonwealth nations for study;
● Favorable tax system: No property tax, gift tax, inheritance tax, estate tax, or capital gains tax, and it is one of the few countries that does not impose global taxation;
● Beautiful environment and a vacation paradise.
As one of the Top 500 Asian Brands and a leader in the investment migration industry, WorldWay Group has utilized 22 years of successful professional experience to curate the highest-quality investment migration programs for investors. Beyond fulfilling their dreams of migration, we help investors rationally allocate overseas assets and plan their wealth. We are dedicated to safeguarding our clients' interests and providing comprehensive services!
Asset allocation starts with securing legal status! In this 2019 Year of Status Planning, choose WorldWay for your Saint Lucia passport application. As the 5th Annual American Immigration Month at WorldWay is now underway, we are offering major discounts across all mainstream programs to reward both new and existing clients. There are many highlights—don't miss out! For details, please inquire at: 400-138-2929
