First economic citizenship real estate project approved in St. Lucia
The Citizenship by Investment Unit (CIU) has announced the first approved real estate project under the country's Citizenship by Investment Programme (CIP). The Belvedere Plantation, a historic site in Canaries, will be transformed into a luxury hotel. Officials said the project represents a significant milestone which was not expected to be reached within four months of the start of the programme, and credited the success of the project, in large measure, to close collaboration between the CIU, Invest Saint Lucia and the Ministry of Tourism.
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