Saint Lucia Decides To Sign MoA, Proposes CIP Changes

The Government of Saint Lucia has decided to sign the Memorandum of Agreement (MOA) already signed by other Organisation of Eastern Caribbean States (OECS) countries offering Citizenship By Investment Programmes. The announcement came from Prime Minister Philip J. Pierre. “In addition to signing this Memorandum, Saint Lucia has made further suggestions to strengthen this regional agreement,” Pierre stated. His complete statement on Monday appears below: After careful review and extensive discussions with stakeholders and other OECS Heads of Government with CIP programmes, the Government of Saint Lucia announces that it has decided to sign the Memorandum of Agreement (MOA) already signed by other OECS CIP countries. The Memorandum called for common standards and procedures in the following areas: Pricing 2.    Information Sharing and Transparency Standards 3.    Regulation 4.    Security Screening and Framework 5.    Regulation of Agents; Marketing & Promotion of Programs 6.    Joint Training and Capacity Building 7.    Dispute Resolution 8.    Amendment and Termination In addition to signing this Memorandum, Saint Lucia has made further suggestions to strengthen this regional agreement, including proposing legislative changes to address change of name requests. This has been agreed to by the other Heads of Government. After consultations are completed with regional governments and...