Saint Lucia has recently earned the reputation of the the Best Caribbean Island to Invest in from a business magazine.

The “Saint Lucia’s award for ‘Best Caribbean Island to Invest’ was based on new projects; the expected returns on those investments; the yield and return on real estate; and government assistance as it relates to tax incentives. The island received over 30,000 votes over a six-month period, with readers citing areas of significance such as standard of living, the preservation of domestic laws and ease of access.

Over the past few weeks, Invest Saint Lucia has made its presence felt at various investment-related functions in its bid to attract investors. Among them was the 12th Global Residence and Citizenship Conference which took place in Dubai.

The newly appointed Chief Executive Officer of Invest Saint Lucia, Roderick Cherry, believes the Award speaks to how the island is viewed by the international community. Cherry explains:” the work begins after that. Investors now are aware that Saint Lucia is a major player with possibilities for investment. The important thing now is to turn all of that interest into active projects which will then help Invest Saint Lucia to achieve its goal of advancing the island economically.”

The recently appointed CEO said: “It is a very competitive marketplace with many countries seeking foreign direct investment through Citizenship by Investment Programs. For Saint Lucia, the message was that compliance is vigorous and that the government is not in the business of selling passports to just any and everyone. We needed to ensure that everyone knows that there is integrity in our passport and we plan to maintain that.”

Building on that success, Cherry informs that “a number of investors in that sector have seen what has been achieved and Saint Lucia is attracting quite a bit of attention with discussions taking place.”

The Desert Star Holding (DSH) Project is another interest generator and if it happens as planned, it will bring a substantial change to the south of the island and Saint Lucia as whole.

In the coming weeks, Invest Saint Lucia will be announcing the commencement of a new project in the south—one the CEO has described as a game changer. Invest Saint Lucia is the sole developer of that project.

ISL Investment opportunities

Invest Saint Lucia (ISL), the official Investment Promotion Agency of the Government of Saint Lucia, is responsible for stimulating, facilitating and promoting inward investment opportunities for both foreign and local investors. Invest Saint Lucia’s focus therefore is to:

Invest St Lucia currently offers comprehensive listing of available projects to potential investors.  Please note these projects were investment opportunities in St Lucia and not associated with CIP. Prospective investors interested in these projects may contact ISL directly here

1. FOND D’OR, DENNERY

The site consists of approximately 346 acres of land in a pristine, rugged and untouched zone boasting woodland and wildlife. Additionally, the site offers access to 15 acres of white sand beach and is adjacent to an important 9 – acre historical site, which makes it ideal for an eco- tourism undertaking including up market hotel development.

Investment Range: US$ 150 million – US$ 200 million
Address: Fond d’Or
District: Dennery
Sector: Eco – Tourism

Fond d’Or is perfectly situated between the capital of Castries and the industrial centre of Vieux Fort (home to the Hewanorra International Airport).

The site is ideal for development with a number of infrastructural improvements planned in the vicinity; including the new North – East Highway.

2. SUN DREAMS ESTATES

An opportunity exists to invest in an established residential community in Gros Islet, in close proximity to the entertainment and lifestyle centre of Saint Lucia. The developers are pleased to offer 2 – 3 acre residential plots with signature home designs. Development amenities include streetscape, water features, security house and front gate, helipad with maintenance garage and VIP lounge.

Investment Range: US$ 15 million – US$ 15 million
Investment Cost: US$ 15 million
Address: Beausejour
District: Gros Islet
Sector: Real Estate

3. DENNERY INDUSTRIAL ESTATE

In the Dennery Industrial Estate, an opportunity exists for interested BPO/KPO companies to establish operations in a 13,800 sq. ft. factory shell. Access to this property can be facilitated directly with Invest Saint Lucia, through either a lease or outright sale, based on the scope of the investment.

Investment Range: US$ 1 million – US$ 1.5 million
Address: Anse Canot
District: Dennery
Sector: Manufacturing / BPO / Call Centres

The shell is suitable for call centre and related BPO/KPO operations with some refurbishment required. Electricity and water connections are available on site and the facility can be retrofitted for pre-qualified businesses. Access to this property can be facilitated directly with Invest Saint Lucia, through a leasing arrangement based on the scope of the investment. Proposals for sale of the shell may also be considered based on the scope of the investment.

4. BOUTIQUE WATERFRONT RESORT DEVELOPMENT – MARIGOT BAY

An opportunity exists to develop a small resort on the north side of the famous Marigot Bay in Castries

Investment Cost: US$ 3 million
Address: Marigot Bay
District: Castries
Sector: Real Estate

The 1.1. acre south-facing waterfront property occupies the only significant break in the protected mangrove fringe to the north side of Marigot Bay. It holds the strategic key to the development of over 30 acres of buildable land surrounding the property.

Marigot Bay has developed into a high-end yachting and tourism destination through the five-star Capella Resort and Superyacht Marina, as well as a number of luxury villas. All the necessary supporting services, amenities and infrastructure are available. The water-depth onto the docks is over 12 feet, capable of berthing a 150 ft. Superyacht or multiple smaller yachts. The property contains a stone-built 6,000 sq.ft. “plantation-style” house with five en-suite bedrooms and is connected to the La Bas beach by a short boardwalk.

The Development Control Authority has granted approval in principle for the construction of 12 large, luxury 2-bed apartments (or hotel units). Potential investors may pursue project approval under the Citizenship by Investment Programme.

Further Information is available from the seller upon request.