Prime Minister Philip J Pierre’s recent remarks regarding the lowering of the Real Estate option of Saint Lucia’s citizenship by investment program raise serious concerns about transparency and accountability within his administration. By attributing the decision to his predecessor, Prime Minister Pierre appears to be deliberately misleading the public and shirking responsibility for a significant policy change that occurred under his watch.
The decision to reduce the investment threshold from $300,000 to $200,000 in December of 2022 has significant implications for Saint Lucia’s citizenship by investment program and the broader economy. However, rather than providing clarity and owning up to his government’s decision-making process, Prime Minister Pierre’s attempt to shift blame undermines trust in his leadership and raises questions about his commitment to openness and honesty.
