Recently, the WorldWay Centre (ITC) official website announced the winners of the 2020 WorldWay Promotion Organization Awards. Saint Lucia was awarded the runner-up in the 2020 WorldWay Promotion Organization (WTPO) "Best Export Development Initiative" category. This award is presented every two years, and in this selection, Saint Lucia was the only country in the Caribbean region to be shortlisted and win.
The WorldWay Centre received a total of 60 applications this time, which is the highest number of applications since the award was established in 2004. This award is open to all countries and recognizes organizations that have demonstrated excellence in trade support services. National trade promotion organizations play a vital role in supporting business innovation, trade-led growth, and the internationalization of micro, small, and medium-sized enterprises.
Investing in the tourist destination of Saint Lucia and winning this award is due to its continuous promotion of export trade development. From 2018 to 2019, the country's export value increased from $55,000 to nearly $558,000, an increase of nearly 10 times.
Tourist destination Saint Lucia, record number of visitors in 2019
In recent years, Saint Lucia has not only seen rapid growth in exports but its tourism industry has also been thriving. Saint Lucia—this fascinating tourist resort—has attracted waves of tourists and investors. The Minister of Tourism of Saint Lucia pointed out that the number of tourist arrivals in 2019 reached a record high, and its tourism industry is in a leading position! British Airways previously announced that it would increase direct flights to Saint Lucia by two per week, and the United States announced that Saint Lucia has obtained new direct flights from Chicago. The booming tourism industry has promoted the rapid development of the national economy.
Investment destination Saint Lucia, favorable business environment
In addition to tourism, Saint Lucia's business environment remains favorable. According to the "Doing Business 2019" report published by the World Bank, Saint Lucia's business environment ranks 8th in the entire Latin American region and 1st in the Caribbean region. Furthermore, Saint Lucia's superior local 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) and high-tech industry support programs have also greatly promoted local business development, making it a very suitable destination for business.
As a major Commonwealth country in the Caribbean, Saint Lucia possesses the signature Caribbean blue seas and skies, fine white sand beaches, and tropical rainforests. It attracts global investors with its excellent business environment, superior tax system, high-quality education, sound medical system, and stable economic development, allowing them to start a brand-new international lifestyle. With the development of tourism, whether it is the charming scenery on the island or the local customs and culture of Saint Lucia, this picturesque and beautiful country is receiving more and more attention and favor.
Currently, investors can apply for investment immigration to Saint Lucia through the Saint Lucia Citizenship by Investment Program, which can easily open up an international lifestyle while achieving a win-win situation for overseas investment and overseas status. Currently, the hot-selling Saint Lucia COVID-19 Relief Bond project allows investors to purchase Saint Lucia government bonds starting from $250,000, with the principal returned after a minimum holding period of 5 years. With low thresholds and low costs, the whole family can apply for citizenship of the Commonwealth country of Saint Lucia. The policy is time-limited and valid until December 31, 2020. Good projects and good opportunities must be seized in time.
Project Advantages
1. Time-limited policy, backed by national credit, with principal returned upon maturity;
2. Legally obtain citizenship (nationality) in one go;
3. Obtain a legal passport with low thresholds and low costs;
4. Fast application, usually approved within 2-4 months after submission;
5. No immigration supervision requirements, no need to land;
6. No language, interview, or academic requirements;
7. Convenient travel, holding this passport allows visa-free, visa-on-arrival, or e-visa access to nearly 150 countries and regions, including the UK, Schengen countries, Ireland, UAE, South Korea, Hong Kong (China), Taiwan (China), Singapore, etc.;
8. Children can enjoy free British-style education, and academic credits are mutually recognized with some Commonwealth countries, making it convenient to transfer to other Commonwealth countries for study. If returning to China for further studies as an international student, those who meet the conditions can be admitted to domestic prestigious universities without written examinations;
9. Preferential 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.
Furthermore, the Saint Lucia government has currently revised the Citizenship by Investment Program Act, expanding the scope of dependent applicants, lowering the requirements for children and parents to become dependents, and adding siblings of the main applicant as dependent applicants. At the same time, the reunion policy has been modified and supplemented, meaning that after the main applicant obtains status, they can add eligible dependents, including children born/legally adopted after the original application, and spouses married after the original application. In addition, dependents who already met the conditions before the applicant obtained status can apply for citizenship within 5 years after the applicant obtains status. These policies also apply to the Saint Lucia COVID-19 Relief Bond project. It is not difficult to see that in terms of policy orientation, the new Saint Lucia immigration act has to a greater extent enhanced the effectiveness of the reunion policy and met the application needs of the applicant and their spouse and children, which will undoubtedly attract more investors to make direct investments! Investment Immigration to Saint Lucia, do it now!
As an active promoter of Commonwealth country citizenship by investment programs and a professional immigration agency that introduced the Saint Lucia Citizenship by Investment Program early on, Worldway Group has always maintained good trust, interaction, and cooperation with the Saint Lucia government!
2020 Health Planning Year, health planning, status first, life's Plan B needs to be planned in advance! For details on the Saint Lucia COVID-19 Relief Bond project, please consult: Mainland China: 400-138-2929 Hong Kong, China: (852)2802 8798.
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