ST. LUCIA – St. Lucia’s government has submitted a formal response to the European Union over concerns surrounding its citizenship by investment program, as Caribbean countries face mounting pressure to end their programs or risk losing visa-free access to Europe.
The E.U. has given member states of the organization of Eastern Caribbean states (OECS) operating CBI programs until June 1, 2028, to terminate them or potentially lose visa-free access.
The development comes as Antigua and Barbuda has indicated its willingness to terminate its own Citizenship by Investment Program, provided it receives an extended transition period until 2030.
Antigua and Barbuda, Dominica, Grenada, St. Lucia and St. kitts and Nevis currently operate CBI programs.
