Securing top-notch educational institutions for their children is a key motivator for African investors – now considering St. Lucia’s Citizenship-by-Investment program – GlobeNewswire | Team Cansler

CASTRIES, Nov. 24, 2022 (GLOBE NEWSWIRE) — In recent years, higher education has become a global commodity traded across countries and cultures. Students are now more likely to travel across borders in search of opportunities to study outside their home countries. This is especially true in Africa, as more and more African families are looking for opportunities to educate their children at international universities.

These families seek access to world-class international educational opportunities for their children through investment migration. The surge in demand and competition for places at leading universities post-Covid is fueling interest in investment programs that come with better global mobility opportunities and access to leading educational institutions.

St. Lucia offers one of the leading citizenship-by-investment programs in the world and African investors are increasingly turning to this Caribbean nation as it offers a hassle-free route to second citizenship.

Africans who wish to study abroad are compelled to do so, knowing that there are limited opportunities for growth in their home countries.

While Africa is home to some leading and globally competitive universities, these universities often do not have the capacity to accommodate all of a given country’s higher education students.

South Africa, for example, only has 26 universities. Canada, on the other hand, has more than 1500 types of universities and colleges offering over 10,000 programs for students to choose from. The country also offers a variety of vocational schools that are closely linked to the industry. Information technology, finance and engineering are among the most sought-after in the country

In comparison, the United States has about 5,300 universities and colleges. World Population Review’s Most Educated Countries 2022 shows that the US is comfortably in the top 10 most educated countries. The best private schools and Ivy League universities are extremely competitive and have seen applications up around 7% since pre-Covid times. For example, Harvard’s acceptance rate in 2022 is only 4.6%, representing 42,749 applicants, of which only 1,962 students were accepted.

St. Lucia is also home to world-class universities, including the American International Medical University, Sir Arthur Lewis Community College, the International American University College of Medicine, and Spartan Health Sciences University.

St. Lucia offers families easy access to the “best of the best” global educational institutions

One of the many benefits of Saint Lucian citizenship through investment is its ability to provide enhanced access to quality education. Providing our children with the opportunity to attend the “best of the best” international universities is one of the most valuable investments a parent can make.

We are all living through increasingly volatile times and ensuring their children get the best possible education has become a key motivation for smart investors around the world, especially in Africa.

The Caribbean nation is very close to the United States — an average non-stop flight from the United States to St. Lucia takes about eight hours. The most popular route is New York to the state capital, Castries, with an average flight time of just over four hours.

Launched in 2016, St. Lucia boasts the newest citizenship-by-investment program in the Caribbean. St. Lucia’s program, which has inherited decades of experience from its island neighbors, is an amalgamation of practices from the surrounding islands and offers a wide range of investor benefits.

Not only do African families have access to quality educational institutions through better global mobility, but they can also have lifelong citizenship with the right to live and work in the country if they choose.

Easy Investment Opportunities – A minimum investment of $100,000.00 in the National Economic Fund (NEF), established to obtain qualifying investments to fund government-sponsored projects on the island, allows applicants to become citizens of the nation.

Applicants can also obtain citizenship by purchasing state-approved real estate worth at least $300,000. Property must be owned and maintained for at least five years after citizenship is granted.

With a straightforward seven-step application process and no residency requirement, an investment in Saint Lucia is a great way for smart investors to enter the global playing field and give their children a competitive edge by creating a route to some of the best educational institutions around the whole world.

St. Lucia’s programming is also highly rated on the global stage – it was voted one of the best CBI offerings compared to Antigua and Barbuda, Austria, Cambodia, Dominica, Egypt, Grenada, Jordan, Malta, Montenegro, St. Kitts and Nevis, Turkey, and Vanuatu.

This is according to the annual CBI Index – an in-depth report that examines and ranks the citizenship of investment programs around the world.

The country scored 87% overall. St. Lucia continues to offer a popular program with stability, no limit on the number of applications or specific requests to end the program and adaptability both in terms of changes to keep the program going during Covid-19.

With a population of over 184,000, St. Lucia is the most populous CBI nation in the region with a very well developed hospitality and financial sector.

Investors can obtain citizenship in as little as six months if the application process goes smoothly and they pass all due diligence checks. These ensure that only reputable and reputable investors are allowed to become citizens.


        

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