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Chamber Continues Discussion on Citizenship by Investment Program

CITIZENSHIP by Investment Programs in the Eastern Caribbean and the world over are coming under greater scrutiny.

How is St. Lucia’s CIP responding to that intense monitoring and criticism by the OECD Countries? How are we seeking to distinguish ourselves as not another one of those subject to criminal elements? What does the revocation of Citizenship by St. Lucia mean?

These and many other questions will be answered when the Chairman of St. Lucia’s Citizenship by Investment Program, Mr. Ryan Devaux and the new Chief Executive Officer Mr. Nestor Alfred, address the April Executive Luncheon of the St. Lucia Chamber of Commerce Industry and Agriculture.

Last year, the CIP addressed the Chamber Membership. One year later, the Chamber will be discussing performance and the impact of the changes made and will also hope to get some insight into the proposed Residency Program which Government is considering.

How different is Residency to CIP, and what are the inherent risks?

A subsequent presentation is being organized for the south of the island.

St. Lucia and other OECS countries have been issued stern warnings by OECD Countries regarding the threats to the CIP as far as money laundering, terrorism and tax evasion.

Chairman of the St. Lucia’s Citizen by Investment Program, Mr. Ryan Devaux will speak on the theme The CIP: Structure, Performance Threats, Challenges and Opportunities: Responding.

The lunch takes place on Friday April 13th 2018, from 12:30 p.m. at the Bouganvillia Conference Room, Bay Gardens Hotel.

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