Big data is being used by countless investors all over the world. You are going to need to understand the role that predictive analytics and other big data technology plays in investing. This is especially true with investing in emerging markets.
Global Investors Use Big Data to Invest in Saint Lucia
Saint Lucia is a country located on the island of the same name. It?s part of the Lesser Antilles archipelago and is bounded by the Atlantic and Caribbean oceans. Saint Lucia is a popular vacation zone, so tourism is the main source of income for residents. Offshore business is also flourishing on the island due to favorable conditions for foreign entrepreneurs. Saint Lucia passport regulations were established in 1979 and supplemented with the option of gaining citizenship by investment in 2015.
A growing number of investors are putting money in this country. They have found that big data is a great way to boost their ROI when investing in emerging economies.
Why choose Saint Lucia?
Saint Lucia is the perfect place for both business and pleasure. Generally, it?s an excellent offshore zone with an advantageous tax system. Competition between countries with CBI programs in the Caribbean Basin led St. Lucia to set favorable conditions for obtaining citizenship by investment.
However, financial advantages aren?t the only reason to get Saint Lucia passport. The island is a paradise with expensive resorts and spectacular views. Celebrities, businessmen, athletes and other wealthy people regularly visit the country to relax and get treatment at professional medical centers.
The economic situation in the country has been stable for many years, and no changes are expected. Agriculture is the second most profitable area after tourism. Saint Lucia exports exotic fruits, cocoa, coconut oil as well as clothing to the USA, the UK, and the Caribbean.
The Saint Lucia Star reports that the country is using big data itself. Saint Lucia is especially using big data to boost its tourism industry.
First Step to Using Big Data to Create a Thriving Investment in Saint Lucia
Investors can use big data in a variety of ways. They use predictive analytics to assess market prices of their primary commodities and predict the likelihood of future unrest.
However, before you can start using any big data driven investing program, you need to make sure that you get a passport to this growing country.
Advantages of St. Lucia passport
The main benefit of Saint Lucia for businessmen is a high level of privacy. Local government has the right to refuse international organizations to provide information about its residents and their enterprises. Besides, let’s be honest, the island isn?t a world-famous business center and this is its advantage. Otherwise, the transparency of all businesses would be mandatory.
Saint Lucia and its passport also have other benefits, for example:
- the lowest tax rates in the world;
- the visa-free regime with more than 146 countries;
- participation in the CBI program doesn?t require the rejection of the first citizenship;
- the country offers 4 ways of investment for participants in St. Lucia economic citizenship program;
- the ability to return an investment under certain conditions;
- Saint Lucia citizenship can be obtained within 5-7 months.
The important point is that you can also get a passport of this country for the member of your family. Your spouse and children under 26 as well as your parents who are over 65 can also participate in the program. In this case, the investment changes depending on the method and the number of people in the application.
How to get St. Lucia citizenship by investment?
Preparation and submission of documents for citizenship require legal knowledge and compliance with details. Migronis company has a large team of specialists and experience in organizing Saint Lucia citizenship. Study the steps and details of cooperation on their website migronis-citizenship.com/saintlucia. The company is available 24/7 as it has offices in different time zones.
There are 4 ways you can choose from if you wish to obtain Saint Lucian citizenship via CBI program:
- A non-repayable donation of $100 000 to the local economic fund. The donation increases up to $200,000 if you apply with 3 family members.
- Purchase of real estate that is worth at least $300,000. Only government-approved objects are eligible for the program. You can find the list of approved projects on the official website or you can contact Migronis expert for a free consultation.
- An investment in government bonds. The lowest amount for one person is $500,000. It is also necessary to pay a non-refundable executive fee of $50,000.
- An investment of $1,000,000 in a government-agreed business project.
An individual who wants to have a Saint Lucia citizenship must meet the requirements of the government. He must have no bans on entry to the USA, Canada, EU countries and the UK. Criminal records for serious violations are unacceptable. Businessmen should also provide documents that the funds they are about to invest are legal.
The whole process from submitting an application to reception of your St. Lucia passport lasts 5-7 months. Based on a deep knowledge of CBI programs (not only of Saint Lucia) Migronis helps clients from all over the world get what they want.
Big Data Makes Saint Lucia a Promising Investment
Are you looking for ways to diversify your investment portfolio? Do you plan to use big data to realize a higher ROI? Saint Lucia is a great country to look into. However, you are going to need to get a passport first and make sure that you choose the right data technology!