The St Lucia government yesterday said that the growth of the Citizenship by Investment (CBI) programme over the years had become a problem for the European Union (EU) and the United States based on national security threats to their countries.
Deputy prime minister of St Lucia Dr Ernest Hilaire, who overseas the CBI programme, told a news conference that both the US and the EU “had expressed concern about the growth of the programmes and therefore they had issues with potential threats to national security through the programmes, meaning that there were individuals who may not have the best interests of those countries at heart wanting to use those programmes as a way of getting entry into their countries.
