With a number of countries now vying for citizenship by investment candidates, the market may start tilting more in favor of applicants. A previously threatened increase in Dominica’s citizenship by investment costs failed to materialize. Recently, Cyprus reduced some of the costs for its citizenship by investment candidates (see post here), and now it appears St. Lucia has done the same. The cost of its citizenship by investment for economic contribution has been reduced from $200,000 to $100,000. The amount required for a qualifying real estate contribution has not been changed.
It is my hope that eventually we can see more price competition so that citizenship by investment becomes a viable option for more individuals looking to expand their global options, who would be excellent candidates for these countries.