The Honourable Prime Minister of St. Lucia, Allen Chastanet has announced new improvements made to the citizenship by investment program. The changes will take effect from 3rd January 2017, which when all fees are calculated will make St. Lucia’s Citizenship-by-Investment program the least expensive ahead of the popular Commonwealth of Dominica passport program.
Jeremy Savory, CEO & Founder of Dubai based Citizenship Processing Firm, Savory and Partners welcomed additional cost-effective options for his firms’ clients:
“Dominica currently leads the way in terms of cost-effectiveness in particular for single applicants. With the new changes in St. Lucia, although the difference in price is minimal, at least Immigrant Investors have another option at half the price of other similar second passport programs. As we are St. Lucia Government Authorised Promoters, but also accredited for Grenada, Antigua and Dominica it means we can remain impartial in the advice we give to families considering Second Citizenship in 2017.”
The key changes are the following:
The other key criteria remain the same:
More information can be found here: St. Lucia Program
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