New CIU Boss: CIP not ‘fully’ understood

The  new man at the helm of the  Citizenship by Investment Unit (CIU), Nestor Alfred, has said that that he is aware of the questions surrounding the Citizenship by Investment Programme (CIP).

“It is true that there are a lot of questions and a lot of discussion taking place surrounding the CIP and I am fully aware of those,” Alfred told reporters.

But he said:” Maybe it is because of the issue that maybe we are not speaking enough and informing the general public essentially in regard to  what this means for Saint Lucia primarily.”

Alfred, who officially took up his new appointment on Tuesday,  expressed the view that a lot of issues surrounding the CIP may be related to persons not ‘fully’ understanding the programme itself and what it can contribute to Saint Lucia and its development.

“I can fully understand people’s level of hesitation and concern when they think of the programme – that the programme is essentially simply one of selling passports and our sovereignty,” he explained.

However Alfred noted that every single jurisdiction needs to decide on what will drive its economic growth and create employment for its people.

He asserted that for Saint Lucia, the CIP is just one avenue to generate that economic growth and employment.

“To do this essentially, we are mandated to review investors – their applications that come before us, and make a decision as to whether this person should be granted a citizenship. So we grant the citizenship and the immigration department issues the passport,” Nestor Alfred explained.

He expressed the view that very importantly, it must be understood by all what the initiative means for Saint Lucia.

“It is maybe one of the more important avenues at this time where we can  look towards growing our economy and creating  the jobs that we require,” Alfred observed.

 

He admitted that Saint Lucia’s CIP is one of the lowest priced.

However the CIU official declared that it is a product that is being offered internationally.

“When you offer a product you most be cognizant of the market – what the market wants, what the market is saying and you also must think of how you can be competitive in the market,” he explained.

The new CIU boss added that after much thought, the policy makers decided that based on what the market was requesting and in view of being competitive, they would adopt the existing pricing for granting citizenship.

Alfred pointed out that Saint Lucia entered the CIP arena very late.

“Perhaps the last in the OECS,” he declared.

 

 

13 Comments

  1. The Crow
    August 11, 2017 at 6:05 pm

    So, the market wants our passports at the lowest price? Is that what this man is saying? Therefore, I can conclude, if this be the case, that our product is (Word deleted)! Is this how low we have fallen under Hurricane Chastenet?

    Like a fisherman bawled “Chastened, give us a chance!!!!!!

  2. Anonymous
    August 11, 2017 at 6:10 pm

    Hey Nestor….y’all turning ST Lucia into Garbage..y’allaer making ST Lucia worthless. What is with passport selling.to go to other Country it is so hards for us.But Nestor St Lucia is a free pass for all. Y’all are Crazy.are Y’all in y’all right mindevery one is taking over ST Lucia. .y’all make me sick to my Stomach. for instance we spend all this money go to Barbados for a Visa.cant get it.we dond get back our money.but St Lucia is free for all..Nestor Check this drugs..guns..crime.rapists. .gail birds. .Alfred. Dont you think we have enough as it is..nonsense

  3. Anonymous
    August 11, 2017 at 6:22 pm

    Alfred you all are sick in the head..drug dealears..rapists. .criminal. .guns..Oh Welcome too ST Lucia..all you’ll doing is bringing down the Island.when we go to other country it is so difficult for us..but ST Lucia is open to all.Wow Alfred you’ll are so desperate. all you’ll do is bring down the Island.and then say its in The best interest of ST Lucia.you all are only for you’ll pocket’s and family members.Shate…you’ll need to take a hike..what a disgrace to Lucians.Shame.Smh

  4. Anonymous
    August 11, 2017 at 6:25 pm

    Greed..Greed Greed..pathetic Creepy

  5. Anonymous
    August 11, 2017 at 6:29 pm

    Well crafted rehearsed political and a yes boss speach ……crap

  6. Anonymous
    August 11, 2017 at 6:33 pm

    ..dont you think enough is enough..and what the hell are you. Smilling about..like you have no common sence(words deleted )

  7. Anonymous
    August 11, 2017 at 6:39 pm

    No body wants to see your blasted picture. .what are you smiling about.you all need to dig a mas grave and jump in their 1by 1and stay in their.Shate.

  8. Anonymous
    August 11, 2017 at 6:52 pm

    Is Mr. Nestor going to what is in the best interest of the country or of the political directorate? Will Mr. Nestor ensure that the PM tables the annual report to parliament as prescribed by the legislation?

  9. Anonymous
    August 11, 2017 at 9:01 pm

    First order of business for the new CIP boss should be to ,as prescribed by the CIP rules, make the names of people who have been given citizenship under the CIP, available to the House,(general Public)$100.000.00 You can barely get a house for that. is that what St.Lucian citizenship’s worth.
    My advise to Mr. Nestor Alfred is to play by the rules. ,

  10. True Vibes
    August 12, 2017 at 7:21 am

    In the early 1980s a Passport Racket, where passports were sold on the black market, was uncovered at our Passport Office which involved one DR. BASH.
    Back then I would never have imagined that a Government would have established an institution, the CIU and CIP, to legally sell our passports to the highest bidder.
    That makes Nestor the new DR. BASH and his impeccable reputation will take a bashing because of the CIP.

  11. True Vibes.
    August 12, 2017 at 7:24 am

    Nestor is the new Dr. Bash. Ask Rick Wayne about the Passport Racket of the 1980s and the elusive Dr. Bash. Film at 11.

  12. Anonymous
    August 12, 2017 at 1:24 pm

    There are some people who will just not understand. Comprehension only comes to them when things are red and St. Lucia is put on the back burner. if Red tell them 1+1 =2, they will agree, but if yellow say the same, they will argue that it is eleven (11). Just leave them alone.

  13. I am The Black Man
    August 12, 2017 at 9:51 pm

    Massa is treating a us so goodz. Let’s destroy our own island for the giffs ,assa is gibbsing us. We lubs you massa. We lubs you so murch

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