Wednesday, November 13, 2024

St Lucia CIP Unit approves another real estate project

The St Lucia Citizenship by Investment Unit (CIU) has approved the second development “Cannes Resort”  under the citizenship by investment programme.

 

The Saint Lucia Canelles Resort is a luxury resort developed by the Galaxy Group, managed by AMResorts, a subsidiary of Apple Leisure Group.

 

This Resort has two brands, Dreams and Zoetry, plus Canelles Oceanfront Apartments, which offer a high level of luxury for couples and couples with children in ideal beachfront settings. The resort offers spacious rooms and suites, graciously appointed and luxuriously equipped, it will provide a picture-perfect vacation experience with welcoming service and romantic inclusions.

 

To qualify for citizenship in St Lucia, applicants are required to execute a binding purchase and sales agreement for an investment of a minimum US $ 300,000 in the already Government Approved Canelles Resort Saint Lucia Real Estate Project.

 

As of 2019, St Lucia CIU has approved two real estate projects under the CIP

  • Fairmont Resorts
  • Canelles Resort

 

Read more about the development here

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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