Tag: OECS

Why hasn’t Saint Lucia Signed the Standardizing Citizenship by Investment in the Caribbean?

On Wednesday, March 20, 2024, leaders from Antigua and Barbuda, Dominica, Grenada, and St Kitts and Nevis convened virtually to sign a Memorandum of Agreement (MOA) aimed at standardizing Citizenship by Investment (CBI) programs across the Caribbean. However, conspicuously absent from this gathering was a representative from Saint Lucia. This begs the question: why hasn’t Saint Lucia signed on to…

Saint Lucia’s Sky-High Fuel Prices: A Heavy Burden on Citizens

At $16.50 per gallon, Saint Lucia boasts the highest fuel prices in the Eastern Caribbean, leaving its citizens to shoulder a disproportionate burden compared to their neighbors. The astronomical fuel prices in Saint Lucia create a severe economic strain on its citizens. With prices significantly higher than in neighboring countries, Saint Lucians are forced to allocate a substantial portion of…