Friday, November 15, 2024

St.Lucia CIP Revenues Impacting Lives

The St.Lucia Government has outlined the impact of CIP revenues and has provided few examples of CIP revenue impacting lives and improving Saint Lucia️:

  • $2.5 million of CIP revenue will assist parents and guardians with back-to-school expenses for the 2024/25 academic year.
  • For the first time, CIP revenue will build affordable homes for Saint Lucians in Rockhall, Castries and Belvedere, Canaries.
  • $10 million of CIP revenue was provided to the Millenium Heights Medical Complex for administrative support.
  • CIP revenue supports NGOs like the Ubuntu Movement to roll out targeted social intervention initiatives that promote peace, heal communities and empower at-risk youth and vulnerable groups.
  • CIP revenue will ensure our road infrastructure is upgraded and maintained for a smoother commute for motorists throughout the island.

“For the first time, CIP revenue is touching the lives of our people and developing our country.”, said a statement released by Office of Prime Minister.

The Prime minister during his 2024 budget speech said, the government has taken the decision to leverage the Citizens by Investment Programme (CIP) to bring more direct benefit to the people of Saint Lucia.

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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