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St. Lucia considers implementing economic citizenship program

Wednesday, April 9, 2014

According to Prudent, at this point, it really does not matter who is offering the money, or what the ramifications are for the country.

“How do you even begin a debate on economic citizenship when you cannot even control criminal activities in your own nation? Opening the door to a form of investment that the nation does not have the ability to regulate would no doubt turn St. Lucia into a haven for money launderers and international criminals,” he said.

Prudent said it is also very hypocritical of the government of St. Lucia to entertain the concept of economic citizenship to total strangers, when it has done everything in its power to undermine the contribution of its own citizens.

“How can you contemplate a new form of economic colonialism, while denying St. Lucian citizens their rights to form political organizations, and participate without harassment in the economic and political development of the country? St. Lucia belongs to the people of St. Lucia, and not to a single political entity, which believes it can infringe at will the rights of its people, while parceling the country out to strangers in exchange for blood money,” he concluded.

Such citizenship by investment programs are actively promoted by at least 4 other Caribbean countries including: Antigua & Barbuda, Dominica, Grenada and St Kitts & Nevis.

Source: Caribbean News Now

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