Interview with the Head of the St. Lucia Citizenship by Investment Program

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Migronis: citizenship and residency by investment

Күн бұрын

An interview with Nestor Alfred, head of the St. Lucia Citizenship by Investment Program.
“For three and a half years of the program's existence, we have issued about 600 passports.
At the legislative level, the process of obtaining citizenship takes 90 days. But we have worked hard to improve the data processing program. And now the citizenship approval process takes on average 54-56 days. It is also important to note that the refusal rate for our program is less than 1%.”
What, in your opinion, is the advantage of the St. Lucia program?
“I think that the main competitive advantage of the program is the price. If you compare us with other islands in the region, you will see that we have quite fair conditions for obtaining citizenship by investment. We offer a contribution of only $100,000 to the National Citizenship Fund.”
Find out more information firsthand from the video!
00:00 - Intro
00:13 - How many applications are approved under the St. Lucia citizenship program
00:56 - Citizens of which countries most often apply tof the passport program
01:15 - How long does it take to obtain the St. Lucia citizenship
01:56 - What is the percentage of refusals to applicants
02:11 - What are the main competitive advantages of the St. Lucia passport program
03:46 - How many applicants choose to invest in real estate, and how much is the donation to the National Fund
05:25 - Which properties qualify for investment in real estate: a share in a project or specific properties (houses, rooms, apartments)
06:02 - Economic situation in St. Lucia
06:55 - How frequent are cases of moving to St. Lucia after obtaining citizenship
08:23 - State of health, education and other social spheres of St. Lucia
11:02 - Are there any planned changes to the program in the near future
12:00 - Further development of the St. Lucia program
14:13 - Tips for those who want to obtain citizenship in St. Lucia
More information in the video!
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Пікірлер: 37

@michaelgood9218 3 жыл бұрын

Thanks for the interview. Super informative. Nestor is well-spoken and this video is well-edited.

@bdr7576 2 жыл бұрын

Sounds like a great location for a global headquarters for anyone running a business. 👍

@Rajesh_Singh301 2 жыл бұрын

That's amazing. I didn't know St Lucia has produced two novel laureates...in economics and literature.

@LisaCulton 2 жыл бұрын

Thanks for the informative video.

@heather-vs9qe 2 жыл бұрын

Well said..

@arkitecturalink7296 Жыл бұрын

it was so heart braking to watch this video. so sad tht he said the investors dont buy the passports to live in st lucia.

@pawan6614 2 жыл бұрын

How much sq mtrs land will be given if one invest in real estate citizenship program??

@cadburybubblegum Жыл бұрын

why is their passport valid for 5 year only?

@jgalena7689 Жыл бұрын

Harmonizing currency as in the One World Government objectives

@SHABSOL 3 жыл бұрын

How much govt fee applicants have to pay if someone chooses real estate option?

@Migroniscitizenship 2 жыл бұрын

Hello! Thanks for asking. Real estate investment starts from $300,000. There is also a return on investment (3-5%), and holding 5-year period is a mandatory requirement to get citizenship of Saint Lucia. Do not forget about other CBI options as well. Such are: donation to the National Economic Fund (from $100,000), investing in government bonds (from $500,000), enterprise projects (from $1,000,000), and unique time-limited Covid-10 Relief Bond offer (from $250,000). If you have any other questions about Saint Lucia and its CBI Program do not hesitate to contact our experts and apply for a free consultation. We’ll reach you as soon as possible! Follow this link for the consultation clck.ru/ar5k8

@micomarinas2753 3 жыл бұрын

I have the following questions: 1. if I have a st.lucia citizenship/passport can I visit usa, canada, australia and russia without any tourist visa? 2. how much is the annual property tax in st.lucia and personal income tax in st.lucia?

@paulabrahamimmigrationcons9723 2 жыл бұрын

for your 1st question The St.Lucian passport offers visa-free or visa-on-arrival access to 146 countries.

@Migroniscitizenship 2 жыл бұрын

Hello! Thank you for asking. Yes, Saint Lucia doesn’t have visa-free access to the countries you mentioned. However, with this citizenship, you gain possibility to get long-term visas to the USA and Canada. The annual tax on a residence on the island is 0.25% of its open market value. St. Lucia does not impose worldwide personal income tax for international non-residents like the USA does, but does impose income tax on those residing within it. An individual residing in St. Lucia as a tax resident is taxed on all income generated within the nation as well as foreign income brought into the nation during their residency period. The income tax rate is calculated on a scaled bracket meter, with the value of taxes increasing as the value of income increases. The minimum taxable financial income is set at 18,000 XCD, and any financial income above that is taxable as per the scaled bracket system shown below: If you have any other questions about Saint Lucia and its CBI Program do not hesitate to contact our experts and apply for a free consultation. We’ll reach you as soon as possible! Follow this link for the consultation clck.ru/ar5k8

@dtdtalktruth9734 3 жыл бұрын

St. Lucia is my retirement goal

@nadirmamine 3 жыл бұрын

He mentioned something about harricanes in the island :)

@thereallizeka 2 жыл бұрын

Mine too

@surinder319 3 жыл бұрын

What's the crime rate? What the cost index etc, bank interest on fixed deposit in banks.

@Migroniscitizenship 2 жыл бұрын

Saint Lucia can be called the safe place. Its crime rate has steadily falling during the last years. In public places, you always can take standard precautions, just like in the USA, the Great Britain, or any other location. Deposit interest rate for Saint Kitts and Nevis was 4.51 percent (from 1980 until 2020). If you have any other questions about Saint Lucia and its CBI Program do not hesitate to contact our experts and apply for a free consultation. We’ll reach you as soon as possible! Follow this link for the consultation clck.ru/ar5k8

@pkREX24 3 жыл бұрын

1. Do you have to be resident or tax resident somewhere else inorder to disqualify yourself from tax residency in st lucia? or could you theoretically travel around the world and be resident nowhere? 2. Even if you are not tax resident in st lucia do you still have to file paperwork every year saying you have 0 taxes to pay, or do you have to declare your overseas assets and income?

@Migroniscitizenship 2 жыл бұрын

Do not hesitate to contact our experts and apply for a free consultation! We’ll answer these and all your further questions! Follow this link for the consultation clck.ru/ar5k8

@thereallizeka 2 жыл бұрын

Would love to know more about this programme

@Migroniscitizenship 2 жыл бұрын

We would be happy to share all the necessary information regarding Saint Lucia CBI Program. Just contact our experts and apply for a free consultation. We’ll reach you as soon as possible! Follow this link for the consultation clck.ru/ar5k8

@short-hand4312 2 жыл бұрын

you can have dual citizenship.

@rafaeltorres-rivera1669 2 жыл бұрын

🇱🇨

@Grace17893 2 жыл бұрын

God bless you guys; why the man bun? God help us

@daleair2012 2 жыл бұрын

How much do you need to invest in order to obtain passport?

@paulabrahamimmigrationcons9723 2 жыл бұрын

there are multiple options from which you can select 1: St.Lucia citizenship by donation 2: St.Lucia Citizenship by Real Estate Investment 3: Investment in St.Lucia Covid-19 Relief Bond 4: Investment in St.Lucia Government Bond 5: Enterprise Project Investment

@Migroniscitizenship 2 жыл бұрын

Hi! Thank you for asking. There are different investment options. Donation to the National Economic Fund - $100,000 Real estate option - $300,000 Investing in government bonds - $500,000 Enterprise projects - $1,000,000 Unique time-limited Covid-10 Relief Bond offer - $250,000 Each option is unique in its own way. To know more, contact our experts and apply for a free consultation. We’ll reach you as soon as possible! Follow this link for the consultation clck.ru/ar5k8

@keshiahope8345 5 ай бұрын

The real estate option. Whats the exchange in Guyana dollars. I am interested in moving.

@falak_khan1 3 жыл бұрын

What is mean give citizen ship in three months after that passport responsibility belongs to immigration department?

@LisaCulton 2 жыл бұрын

The passport application is something separate, like in most countries you have to be a citizen before you can be granted a passport.

@arkitecturalink7296 Жыл бұрын

every oecs island want to sell the same passports with basically the same visa free access to the same countries. youll have a brain and quote on quote "educated". make it make sense