Castries

VIP Lifestyle: Secure your Wealth and future in Saint Lucia as an affluent South African and avoid becoming a statistic

Retrieved on: 
Tuesday, January 10, 2023

As a nation with a rich history and culture, the affluent population in South Africa account for 10% of the total population.

Key Points: 
  • As a nation with a rich history and culture, the affluent population in South Africa account for 10% of the total population.
  • Political uncertainty and instability are just some of the reasons why many affluent families and individuals are looking for alternative investment destinations.
  • Saint Lucia is a popular tourist destination due to its tropical weather, scenery and numerous options of beaches and resorts.
  • Affluent South Africans are very familiar with St Lucia, which also has English as its official language.

New legislation to consolidate Saint Lucia’s status as an independent nation to be debated in parliament in the New Year

Retrieved on: 
Tuesday, December 27, 2022

Castries, Dec. 27, 2022 (GLOBE NEWSWIRE) -- A significant piece of legislation aimed at consolidating Saint Lucia’s status as an independent nation will be debated in parliament in the New Year.

Key Points: 
  • Castries, Dec. 27, 2022 (GLOBE NEWSWIRE) -- A significant piece of legislation aimed at consolidating Saint Lucia’s status as an independent nation will be debated in parliament in the New Year.
  • Philip J Pierre, on October 11, 2022, laid the Constitution Amendment Bill for first reading in the House of Assembly.
  • - Favorable tax regime: Saint Lucia has a favourable tax regime for investors, with low corporate and personal income tax rates.
  • - Quality of life: Saint Lucia is known for its beautiful natural surroundings, with beaches, forests, and mountains to explore.

To secure top education institutions for their children is a key motivation for African investors - now considering the citizenship by investment programme of Saint Lucia

Retrieved on: 
Thursday, November 24, 2022

This is especially true for Africa as more and more African families are exploring opportunities to have their children educated at international tertiary institutions.

Key Points: 
  • This is especially true for Africa as more and more African families are exploring opportunities to have their children educated at international tertiary institutions.
  • These families are looking to access premium international education opportunities for their children through investment migration.
  • Saint Lucia offers one of the leading citizenship by investment programmes in the world and African investors are increasingly looking to this Caribbean nation as it provides a hassle-free route to second citizenship.
  • One of the many advantages of Saint Lucias citizenship by investmentis its ability to offer enhanced access to premium education.

Memorandum of Understanding signed with the Government of St Lucia

Retrieved on: 
Saturday, October 22, 2022

Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, is pleased to announce that, following bilateral discussions, it has signed a Memorandum of Understanding (MoU) with the Government of St Lucia for a 30-year concession, with a potential 10-year extension option for the cruise related operations in St Lucia.

Key Points: 
  • Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, is pleased to announce that, following bilateral discussions, it has signed a Memorandum of Understanding (MoU) with the Government of St Lucia for a 30-year concession, with a potential 10-year extension option for the cruise related operations in St Lucia.
  • During this period, GPH and the Government of St Lucia will continue to carry out extensive due diligence, and both parties will work towards successfully signing the concession agreement.
  • Following the successful execution of the concession agreement, GPH will use its global expertise and operating model to manage the cruise port operations in St Lucia.
  • In 2019, St Lucia welcomed c790k passengers, the completion of the extended pier and upgrade of the facilities are expected to lead to a rise in passenger volumes to over 1m in the medium term.

Saint Lucia hails the 12th Annual IREX Citizenship and Residency Conclave a success

Retrieved on: 
Tuesday, September 13, 2022

Castries, Sept. 13, 2022 (GLOBE NEWSWIRE) -- The Citizenship by Investment Programme of Saint Lucia participated in the 12th Edition of the " IREX Citizenship and Residency Conclave " over the past weekend.

Key Points: 
  • Castries, Sept. 13, 2022 (GLOBE NEWSWIRE) -- The Citizenship by Investment Programme of Saint Lucia participated in the 12th Edition of the " IREX Citizenship and Residency Conclave " over the past weekend.
  • India also has the second largest millionaire outflow in the world with numerous individuals and families seeking foreign residency and citizenship.
  • The Saint Lucia Citizenship by Investment Unit was represented at IREX and gave potential applicants the opportunity to find out more about the Eastern Caribbean island thereby allowing them to explore new investment options.
  • The IREX Citizenship and Residency Conclave was the perfect opportunity for the Citizenship Programme of Saint Lucia to promote itself and for investors from all over the globe to find out about the extensive benefits of investing in their CIP Programme.

Saint Lucia Citizenship Investment Programme makes top three in the 2022 CBI Index

Retrieved on: 
Friday, August 26, 2022

Castries, Aug. 26, 2022 (GLOBE NEWSWIRE) -- St Lucia took third place in this years instalment of the CBI Index which ranked 13 countries with operational citizenship by investment programmes.

Key Points: 
  • Castries, Aug. 26, 2022 (GLOBE NEWSWIRE) -- St Lucia took third place in this years instalment of the CBI Index which ranked 13 countries with operational citizenship by investment programmes.
  • There werent many significant changes in the minimum investment outlays since the 2021 CBI Index, this was reflected in no change in the order of the final scores.
  • St Lucia has access to 15 of the 20 key business hubs assessed in the 2022 CBI Index.
  • Download the full CBI Index here , to get further insights into the CBI industry and a full evaluation of the CBI programmes of the 12 other jurisdictions in the rankings.

Saint Lucia government to uplift infrastructure through CIP-Funds

Retrieved on: 
Wednesday, August 17, 2022

Castries, Aug. 17, 2022 (GLOBE NEWSWIRE) -- The government of Saint Lucia has been focusing on the development of more resilient and advanced public infrastructure to enhance the wellbeing of its citizens.

Key Points: 
  • Castries, Aug. 17, 2022 (GLOBE NEWSWIRE) -- The government of Saint Lucia has been focusing on the development of more resilient and advanced public infrastructure to enhance the wellbeing of its citizens.
  • The government has been modernising and redeveloping schools, healthcare centres, hospitals and housing along with creating employment for the locals of Saint Lucia.
  • The Saint Lucia government realises the need and has been making sizeable investments and creating high-quality jobs to uplift overall living standards.
  • Infrastructure is undoubtedly the building block that makes the economy possible, shaping how the natives of Saint Lucia can move, communicate and earn a living.

Monroe College Celebrates the Class of 2020 at Annual Commencement Ceremony for St. Lucia Campus Graduates

Retrieved on: 
Thursday, October 22, 2020

CASTRIES, St. Lucia, Oct. 22, 2020 /PRNewswire-PRWeb/ -- Monroe College , the New York-based institution offering Associate, Bachelor's, and Master's degree programs from its campus in Saint Lucia, held its Annual Commencement last Sunday for local graduates.

Key Points: 
  • CASTRIES, St. Lucia, Oct. 22, 2020 /PRNewswire-PRWeb/ -- Monroe College , the New York-based institution offering Associate, Bachelor's, and Master's degree programs from its campus in Saint Lucia, held its Annual Commencement last Sunday for local graduates.
  • Due to pandemic-related quarantine requirements for visitors to the island, Monroe College President Marc Jerome led the ceremony virtually from New York, while local campus administrators, faculty, and staff joined the 86 graduates in person.
  • They chose to participate in the St. Lucia campus' ceremony so that friends and family could more easily attend.
  • Approximately 1300 students have earned their degree through Monroe College's Saint Lucia campus since its establishment in 2007.

Monroe College Celebrates the Class of 2019 at Annual Commencement for St. Lucia Campus Graduates

Retrieved on: 
Wednesday, October 16, 2019

CASTRIES, St. Lucia, Oct. 16, 2019 /PRNewswire-PRWeb/ -- Monroe College , the New York-based institution offering Associate, Bachelor's, and Master's degree programs from its Saint Lucia campus in Castries, held its Annual Commencement on Sunday for local graduates.

Key Points: 
  • CASTRIES, St. Lucia, Oct. 16, 2019 /PRNewswire-PRWeb/ -- Monroe College , the New York-based institution offering Associate, Bachelor's, and Master's degree programs from its Saint Lucia campus in Castries, held its Annual Commencement on Sunday for local graduates.
  • Dr. Sonia Alexander, who oversees Academic Affairs for the Saint Lucia campus, announced the students earning academic awards.
  • Approximately 1200 students have earned their degree through Monroe College's Saint Lucia campus since its establishment in 2007.
  • The College is proud of its innovative programs to increase college access, affordability, and completion outcomes, especially among first-generation students.