Appointment of new CEO of the Citizenship by Investment Unit


The Citizenship by Investment Board (“the Board”) is pleased to announce the appointment of Mr. Nestor Alfred to the position of Chief Executive Officer (“CEO”) of the Citizenship by Investment Unit effective today,  8th August, 2017.

Nestor holds a BSc. Management Studies from the University of the West Indies and an MBA from Henley Management College/Brunel University. Prior to his current appointment, his former roles include Executive Director of the Gaming Authority; Financial Management Consultant; Banker in the jurisdictions of Saint Lucia, Barbados and the Cayman Islands; Senior Executive within the East Caribbean Financial Holding Group; Director of Saint Lucia Financial Sector Supervision Unit; Registrar of Insurance and Assistant Comptroller of Inland Revenue Saint Lucia. Regionally, he serves as Commissioner to Caricom Competition Commission.

Nestor brings to CIP Saint Lucia, his vast experience as a regulator within the financial services sector and his expertise in the areas of Anti Money Laundering and Combating the Financing of Terrorism (AML/CFT).

The Board looks forward to working with him as he provides necessary leadership to the Citizenship by Investment Unit and overall management of its’ affairs. The Board and the new CEO shall utilize their best efforts to continue positioning CIP Saint Lucia as a reputable, attractive and well run global citizenship program.


Chairman of the Citizenship by Investment Board

Ryan Devaux

1-758-458 6050.


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2017 Changes to CIP Regulations, Saint Lucia

The Saint Lucian Governement has announced several amendments to its Citizenship by Investment Programme which are effective from January 1st, 2017. Please view summary of changes here.

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CIP Engagement

As part of our process of evaluation for CIP Saint Lucia, we are inviting you to share your opinions and suggestions on the Programme with us. Please share your responses via the questionnaire provided here.

Feel free to share the link with anyone who wishes to participate. Responses are required by the latest on Wednesday 15th September, 2016 at 4 p.m.

The Citizenship by Investment Unit commits to sharing the results of this engagement with you. Details on all respondents will remain confidential.

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