{"id":56865,"date":"2023-01-10T08:10:19","date_gmt":"2023-01-10T08:10:19","guid":{"rendered":"http:\/\/dailysouthafrica.com\/?guid=c11d19eb530cb1687aaacf14b0f4bc87"},"modified":"2023-01-10T08:10:19","modified_gmt":"2023-01-10T08:10:19","slug":"vip-lifestyle-secure-your-wealth-and-future-in-saint-lucia-as-an-affluent-south-african-and-avoid-becoming-a-statistic","status":"publish","type":"post","link":"https:\/\/dailysouthafrica.com\/vip-lifestyle-secure-your-wealth-and-future-in-saint-lucia-as-an-affluent-south-african-and-avoid-becoming-a-statistic\/","title":{"rendered":"VIP Lifestyle: Secure your Wealth and future in Saint Lucia as an affluent South African and avoid becoming a statistic"},"content":{"rendered":"
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Castries, Jan. 10, 2023 (GLOBE NEWSWIRE) — South Africa is one of the wealthiest countries on the continent, with more millionaires per capita compared to any other African country. As a nation with a rich history and culture, the affluent population in South Africa account for 10% of the total population.<\/p>\n

In the past, South Africa was seen as a stable and attractive investment destination, but this perception has slowly been eroding over time. Political uncertainty and instability are just some of the reasons why many affluent families and individuals are looking for alternative investment destinations.<\/p>\n

How political uncertainty in South Africa affects the affluent<\/b><\/p>\n

South Africa is in the midst of challenging economic times. With a recession, growing unemployment rate and regular political leadership battles have exacerbated the economic uncertainty as well as increased political uncertainty.<\/p>\n

One of the best ways to protect wealth is by diversifying risk. This can be done by having more than one passport and living in a country with favourable business regulations.<\/p>\n

As affluent families also seek to secure the best educational prospects for their children, HNWIs also consider education options abroad to help their children to receive a better education and have a better chance at succeeding in the future.<\/p>\n

The cost of quality education can be very high in South Africa, which has led some affluent families to choose overseas schooling for their children.<\/p>\n

Saint Lucia\u2019s CBI programme<\/b><\/p>\n

Saint Lucia is a popular tourist destination due to its tropical weather, scenery and numerous options of beaches and resorts. It is also known for its unique cuisine, exciting sports and adventure activities. Affluent South Africans are very familiar with St Lucia, which also has English as its official language.<\/p>\n

The historical links between the Caribbean and South Africa are still present in areas such as language, music, sport, international relations and diaspora.<\/p>\n

Since 2016, Saint Lucia has been offering wealthy South Africans citizenship by investment programme (CBI<\/a>). Through this programme, investors can gain citizenship of this dream island destination. Saint Lucia\u2019s programme is a blend of best practices from its surrounding islands and provides a wide range of benefits for investors and locals alike.<\/p>\n

The Saint Lucia CBI programme provides an opportunity to apply for Saint Lucia citizenship and a huge range of benefits including:<\/p>\n