CARICOM Single Market and Economy

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.

Caribbean Citizenship by Investment Countries Rank Top 30% in World Citizenship Report

Retrieved on: 
Friday, March 11, 2022

This is according to the World Citizenship Report (WCR), which ranked countries that provide citizenship by investment (CBI) options in the region in the top 30 per cent.

Key Points: 
  • This is according to the World Citizenship Report (WCR), which ranked countries that provide citizenship by investment (CBI) options in the region in the top 30 per cent.
  • The report considers data from the Global Peace Index (GPI) 2021 and World Governance Indicators (WGI) and scored the Caribbean region highly in the Safety and Security, Quality of Life and Global Mobility motivators.
  • The Caribbean is considered the cradle of investment immigration due to the high concentration of countries that offer CBI programmes in the region.
  • These countries proximity in the WCR ranking reflects a sense of community and collaboration that characterises nations in the jurisdiction.