Saint Lucia Citizenship by Investment Funds Affordable Housing

Share:

The Eastern Caribbean is where you’ll find Saint Lucia. It’s one of five countries in the region to offer Citizenship by Investment. Learn how Saint Lucia Citizenship by Investment will subsidize the construction of new affordable housing on the island.

Saint Lucia Citizenship by Investment Helps Finance The Year of Infrastructure

The 2021 electoral manifesto of the currently-serving Prime Minister Pierre focused on two main interconnected themes:

1. “You the People”
2. “Putting You First”

It is these concerns he returned to in his Budget Policy Address of April 23, 2024. This budget dubs 2024 “The Year of Infrastructure”. Part of the fiscal planning for the future aims to help every eligible Saint Lucian become a homeowner.

By pledging to use revenue generated from the St Lucia Citizenship by Investment Programme to fund new housing projects, Prime Minister Pierre will enable Saint Lucians to own their very own piece of real estate. He identifies Rock Hall in the capital of Castries as a location for one of the first new building sites to spring up on the island.

In addition, the National Housing Cooperation (NHC) will construct multi-family complexes with 15 2-bedroom apartments in Cas en Bas, Gros-Islet, in the north of St Lucia.

Furthermore, the National Insurance Property Development and Management Company (NIPRO) is presently talking with 2 developers to build 100 reasonably-priced homes in westerly Massacre.

The RIF Trust Take on the St Lucia Budget Policy Address

Chris Willis is Our Man in the Caribbean. He has been advising investors of Residency and Citizenship by Investment options in the region for more than quarter of a century. So, when Willis comments on Caribbean citizenship developments; he does so with the authority of 25+ years of experience.

“It’s important to realize that Citizenship by Investment benefits locals as much as it does investors,” asserts Willis. “Across the Eastern Carribean, CBI profits are being utilized to improve the lives of ordinary individuals and families.”

How to Apply for St Lucia Citizenship by Investment

The St Lucia Citizenship by Investment Programme does not accept direct applications. You have to apply for reputable investment migration firms such as RIF Trust that can talk and walk you through every step of the process. So, don’t delay and contact us today.