PM advocates OECS approach to CIP

Prime Minister, Allen Chastanet, has voiced support for an OECS approach to the Citizenship by Investment Programme (CIP), being offered by some member states of the group.

“Saint Lucia was already in the citizenship business – not directly, because the fact is that a person could buy a passport from Dominica or Antigua or St Kitts or Grenada and have full rights in Saint Lucia,” the Prime Minister explained.

He said his preference was for the CIP to be an OECS initiative based at the OECS Secretariat.

“I can say to all the other Prime Ministers that Saint Lucia is willing to sign up to that,” Chastanet stated.

Chastanet has asserted that the value of the programme does not necessarily relate to the country offering the citizenship, but the access that the citizenship gives in terms of how many visa-free countries can be visited and the ease of doing business.

He said there is a growing market of Americans who are interested in having a second passport because of terrorism.

“So when they are traveling abroad and they are in a hotel, they would rather have another passport because they feel they are not going to be a target,” Chastanet told a news conference Thursday evening.

He stated that there are a number of legitimate reasons why people want a ‘secondary’ passport.




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