The Citizenship by Investment Board is the statutory authority responsible for the efficient administration and oversight of Saint Lucia’s Citizenship by Investment Programme (CIP), established under the Citizenship by Investment Act No. 14 of 2015 (Chapter 1.20 of the Revised Laws of Saint Lucia).
The Citizenship by Investment Board (“the Board”) are the overseers of CIP Saint Lucia and the Unit. Working alongside the CIP Unit, which handles the processing of applications, the Board coordinates the Programme’s operations, monitors application progress, reviews Unit reports, issues guidelines, and defines the Unit’s functions. It also advises the Minister on programme development and responds to matters referred by the Minister, providing any information reasonably required. Additionally, the Board may request relevant documents or information from applicants, dependents, or the Unit to ensure effective oversight.
Tasks
- Recruit staff for the Unit;
- Develop application guidelines and forms for all
- applicants to the Unit;
- Refurbish and fit out the office space for the Unit;
- Engage all the key service providers required by the Unit.
Functions
The functions of the Board include the following :
- co-ordinate the administration and operation of CIP Saint Lucia in an efficient manner;
- monitor the process of an application by an applicant;
- review reports of the Unit;
- make recommendations to the Minister on the development of CIP Saint Lucia;
- establish and determine the functions or duties of the Unit; and
- issue guidelines within its jurisdiction under the Citizenship by Investment Act Cap. 1.20 Act (“the Act”);
