Recently, in an assessment of Saint Lucia, the International Monetary Fund stated that the country's economic growth prospects are promising and predicted that national infrastructure projects will significantly boost growth during the 2020-2022 period.
As Saint Lucia's Prime Minister Allen Chastanet said in his 2020 New Year's address in January, titled "Now is the Time," it is time to invest in this beautiful island. In his address, the Prime Minister predicted that in the new year, Saint Lucia will set new records for economic development. The Prime Minister noted that if Saint Lucia can maintain the positive growth momentum of 2019, 2020 will be an extremely bright year for the country, with record-breaking tourist arrivals, continued national economic growth, a further decline in the unemployment rate, and the orderly development of other initiatives and construction projects. In 2020, Saint Lucia will continue to carry out island-wide road rehabilitation projects, the 2020 census, and strategic interventions in areas such as healthcare, justice and security, agriculture, and education. Its Citizenship by Investment program is also expected to reach new heights.
In fact, Saint Lucia's economy has grown year after year since 2016, and major construction projects have begun to bear fruit, attracting investors from all over the world. The commencement of projects on the island has also increased local employment rates. Projects currently under construction include the "Pearl of the Caribbean," the new Hewanorra International Airport, the Vieux Fort cruise port, and the Anse de Sables beach redevelopment project.
In 2020, we may see a Saint Lucia embarking on rapid development. It can be said that now is the perfect time to invest in Saint Lucia for citizenship. Saint Lucia has always attracted global investors with its advantages such as quality education, a sound healthcare system, and stable economic development, allowing them to start a brand-new international lifestyle.
In 2015, Saint Lucia approved the Saint Lucia Citizenship by Investment Act. According to the 2017 amendment, applicants can apply for Commonwealth citizenship in Saint Lucia for three generations with a donation starting from $100,000 USD. The passage and implementation of this act have made Saint Lucia one of the most cost-effective investment immigration programs globally, and it is highly sought after!
Advantages of the Saint Lucia Citizenship by Investment Program
● Starting from $100,000 USD, the whole family can apply for Saint Lucia citizenship. Foreign status with affordable costs;
● Convenient travel: Holders of this passport can enjoy 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: Under normal circumstances, approval can be obtained in about 12 weeks after submission;
● No residency requirements: There is no requirement to land or reside 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 be admitted to top domestic universities without written examinations. Most Commonwealth countries recognize each other's academic credits, allowing for transfers to other Commonwealth countries 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, a vacation paradise.
2020 is the Year of Health Planning. With health planning, citizenship comes first; life's Plan B needs to be planned in advance. Apply for the Saint Lucia Citizenship by Investment program and choose Worldway Group to make your immigration journey easier! For details, please consult: Mainland China: 400-138-2929; Hong Kong, China: (852) 2802 8798.
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Investment involves risks; the above information is for reference only.