Opposition MP and former Chairman of the CIP board, Dr Ernest Hilaire, continues to register his concern about the manner in which the government is proceeding with the citizenship by investment program. Dr Hilaire attended a public consultation on the CIP program held on Tuesday at the Bay Gardens hotel. According to Dr Hilaire, the government has caused there to be much anxiety and uncertainty about St Lucia’s Citizenship by Investment Program.
According to Chairman Ryan Devaux says applications received to date include Fourteen (14) families and four (4) single applicants have applied to the programme to date comprising of sixty five (65) Individuals in total. Three (3) applications have been denied and four (4) applications pending. Prime Minister Allen Chastanet has placed on record his concerns about CIP stating that a review is required and will get underway, in the hopes of strengthening the program. In October he announced that the planned restructure and relaunch of Saint Lucia’s Citizenship by Investment Program (CIP) would come on stream in November. That mopve has been delayed to next year. The opposition has countered that the CIP as it stands is one of the most robust programs in the world.