St. Lucia Stopped Citizenship Applications & Funds from Iran

Recently Saint Lucia Citizenship Investment Unit sent a notice to all the Authorized Agents of Saint Lucia to stop accepting Applications for Iran citizens for CIP (Citizenship by Investment Program).

This step was taken by the Government of Saint Lucia as they were unable to verify different documents including Bank statements from Iran.

The memorandum from Citizenship Investment Unit of Saint Lucia stated:

We have recently been informed by all of the due diligence firms who conduct due diligence checks on behalf of the Citizenship by Investment Programme that they are unable to undertake due diligence checks on site in Iran and validate documents issued from Iran.

This is applicable for all Iranian citizens residence in and out of Iran. Furthermore, the sole domestic bank who facilitate banking for the Unit will not facilitate inflows of funds that are coming out of Iran for the Citizenship by Investment Programme.

Pursuant to the formerly stated developments, the Unit shall not be accepting citizenship by investment applications from Iranian citizens resident in Iran and elsewhere. Please be guided accordingly.

Till further notice, no new application for Irani Passport holders will be accepted for Citizenship by Investment for Saint Lucia.

January 25, 2020
Abu Dhabi Hosts the First Dominica Embassy In the Middle East

Abu Dhabi, 25th Jan, 2020 Dominica has established its first-ever embassy in Abu Dhabi, the capital of the United Arab Emirates. On 21st Jan 2020, the Prime Minister of Dominica, Dr. Roosevelt Skirret inaugurated the embassy and announced Dominica’s formal entry into the Middle East. Hubert J Charles is appointed the first ambassador who has […]

January 21, 2020
Dominica’s CIB and Tourism led its GDP Grow 9%: UN ECLAC

A recent report released by the United Nations’ Economic Commission of Latin America (ECLAC) announced Dominica’s GDP rose by 9% in 2019. The reason for this jump is its burgeoning Tourism and Citizenship by Investment Program, declaring Dominica to be the fastest growing Economy in all of Latin America and the Caribbean Region. A growing […]

January 4, 2020
Schengen Visa Holders And US, UK Nationals Now Eligible for Saudi Arabia’s Tourist e-Visa

Nationals of U.S, Schengen or UK tourist or commercial visas holders can get visa on arrival into Saudi Arabia, state news agency SPA reported on Thursday (Jan 2). SPA states in the General Authority for Tourism and National Heritage that the passport holder must have used their visa to enter the USA, UK or any of […]

September 28, 2019
Saudi Arabia Is Opening Its Doors to Foreign Tourists for the First Time
ABOUT

DUBAI OFFICE

CYPRUS OFFICE

Copyright 2020 CTrustGlobal Ltd. | All Rights Reserved | Working under the umbrella of Trust Group

phonefaxpaper-plane linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram