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

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  • Опубликовано: 25 июн 2024
  • 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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Комментарии • 37

  • @michaelgood9218
    @michaelgood9218 3 года назад +17

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

  • @bdr7576
    @bdr7576 2 года назад +7

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

  • @Rajesh_Singh301
    @Rajesh_Singh301 2 года назад +5

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

  • @LisaCulton
    @LisaCulton 2 года назад +2

    Thanks for the informative video.

  • @heather-vs9qe
    @heather-vs9qe 2 года назад +1

    Well said..

  • @arkitecturalink7296
    @arkitecturalink7296 Год назад

    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
    @pawan6614 2 года назад

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

  • @cadburybubblegum
    @cadburybubblegum Год назад +2

    why is their passport valid for 5 year only?

  • @jgalena7689
    @jgalena7689 Год назад

    Harmonizing currency as in the One World Government objectives

  • @SHABSOL
    @SHABSOL 3 года назад +3

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

    • @Migroniscitizenship
      @Migroniscitizenship  2 года назад

      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
    @micomarinas2753 3 года назад +4

    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
      @paulabrahamimmigrationcons9723 2 года назад

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

    • @Migroniscitizenship
      @Migroniscitizenship  2 года назад +5

      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
    @dtdtalktruth9734 3 года назад +11

    St. Lucia is my retirement goal

    • @nadirmamine
      @nadirmamine 3 года назад +1

      He mentioned something about harricanes in the island :)

    • @thereallizeka
      @thereallizeka 2 года назад

      Mine too

  • @surinder319
    @surinder319 3 года назад

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

    • @Migroniscitizenship
      @Migroniscitizenship  2 года назад

      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
    @pkREX24 3 года назад

    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
      @Migroniscitizenship  2 года назад +1

      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
    @thereallizeka 2 года назад +4

    Would love to know more about this programme

    • @Migroniscitizenship
      @Migroniscitizenship  2 года назад

      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

  • @rafaeltorres-rivera1669
    @rafaeltorres-rivera1669 2 года назад +2

    🇱🇨

  • @short-hand4312
    @short-hand4312 2 года назад +1

    you can have dual citizenship.

  • @Grace17893
    @Grace17893 2 года назад

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

  • @daleair2012
    @daleair2012 2 года назад +2

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

    • @paulabrahamimmigrationcons9723
      @paulabrahamimmigrationcons9723 2 года назад +1

      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
      @Migroniscitizenship  2 года назад +1

      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
      @keshiahope8345 5 месяцев назад

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

  • @falak_khan1
    @falak_khan1 3 года назад

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

    • @LisaCulton
      @LisaCulton 2 года назад +1

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

  • @arkitecturalink7296
    @arkitecturalink7296 Год назад

    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

  • @SaintLuciaWillPayItsDebts
    @SaintLuciaWillPayItsDebts 19 дней назад

    You are so corrupt and incompetent. How does it take one year to review a simple application when there’s not even a huge number of applications.

  • @boohoo708
    @boohoo708 Год назад

    hey...you have to pay us, to live on such a small island...