About St. Lucia
St. Lucia is an attractive destination due to its stunning natural beauty, including lush rainforests, pristine beaches, and the iconic Pitons. The country offers a peaceful lifestyle with a stable political environment, excellent healthcare, and access to high-quality education. Additionally, St. Lucia’s Citizenship by Investment Program provides visa-free or visa-on-arrival travel to numerous countries and offers a favourable tax system with no capital gains or inheritance taxes.
St. Lucia Overview
St. Lucia’s history has been shaped by the native Carib people, Africans, and both British and French influences.
As one of the Windward Islands, St. Lucia is more mountainous than most Caribbean islands, with its highest peak, Mount Gimie, standing at 950 meters. The island’s most iconic features are the Pitons, two striking mountains. St. Lucia’s natural beauty, which includes rainforests, national parks, botanical gardens, a world heritage site, stunning beaches, and even a drive-in volcano, makes it a popular tourist destination. English is the official language, but French Creole is widely spoken by locals.
St. Lucia is a member of several international and regional organizations, including the United Nations, CARICOM, OECS, and the Eastern Caribbean Currency Union. Its currency, the Eastern Caribbean dollar (XCD), has been pegged to the US dollar at 2.70 since 1976.
The island’s economy attracts foreign investment, particularly in the international banking and tourism sectors. Tourism is St. Lucia’s largest economic driver, accounting for 65% of jobs, income, and GDP. The country also has a diverse manufacturing sector, and exports crops such as bananas, mangos, and avocados. Additionally, St. Lucia’s Citizenship by Investment Program, introduced in 2016, allows foreign investors to acquire citizenship by making a financial contribution to the island, further enhancing its appeal to global investors seeking visa-free travel and a favorable tax environment.
St. Lucia also benefits from its well-developed infrastructure, including modern healthcare facilities, quality education systems, and a growing renewable energy sector, which is part of the island’s commitment to environmental sustainability.
