By Melanius Alphonse
Caribbean News Now associate managing editor
[email protected]
CASTRIES, St Lucia – The government of Saint Lucia amended its legislative and regulatory framework for Citizenship by Investment (CIP) processing to averaging just 80 days, amid weak performance and heightened competition from Dominica and Grenada.
The legislative amendments (Act 12) of 2019 make it easy for child[ren] and spouse to be granted citizenship within five years post granting citizenship; includes the following:
Agent license
The Board may, on the recommendation of the Unit, grant with or without conditions or refuse to grant an authorised agent license. An authorised agent license permits an authorised agent to make an application on behalf of an applicant under section 30;
Dependants
In the case of a qualifying investment in cash, the Board may grant an application for citizenship by investment to a qualifying dependant after citizenship by investment is granted to a person if the Board is satisfied that — (a) he or she was a qualifying dependant when the application was made by the citizen; (b) he or she is a child born after the application was made by the citizen; (c) he or she is the spouse of the citizen and was married after the application was made by the citizen; and (d) the application for citizenship by investment of the qualifying dependent is made no more than five years after the application was…
