Retirement planning is an extremely important aspect of life. Many people may take for it granted or do not spend the time to determine how they want to live out their golden years.
How can you ensure that you are able to retire wealthy and have access to good health care, safety, security and peace of mind knowing that your legacy is protected for your children and grandchildren?
Diversification across countries, industries, asset classes and currencies is a great benefit of investing offshore, which can afford you the retirement you deserve.
Hurricane Ian had a devastating impact on Florida, especially for the older population. With over 21 percent of Florida’s population aged 65+ and almost 40 percent nearing retirement age, the Caribbean country of St. Lucia is a great offshore investment option for those looking to retire in a safe country with warm weather, accessible health care and a myriad of activities through its Citizenship by Investment Program.
Launched in 2016, the St. Lucia Citizenship by Investment Program gives investors the opportunity to become citizens in exchange for making an investment of at least $100,000 to the country’s economy through the National Economic Fund.
Seen as one of the easiest and quickest routes to gain second citizenship, St. Lucia is the offshore solution for the entrepreneur who still wants to make his or her money work even in retirement.
The country is open to foreign investments, has a large market and a welcoming business environment. You can find many investment opportunities on the island, especially in real estate. Over the last few years, there have been many reputable real estate brands investing in the country and developing properties to boost their portfolios.
St. Lucia also has attractive tax laws. There’s no tax on capital gains, no inheritance tax or wealth tax on worldwide income or assets in St. Lucia. The country’s government has been focused on tax rules that are favorable to foreign direct investments and in turn has been able to use the spill-over benefits to introduce new technologies and enhance infrastructure in order to be a globally competitive nation.
Health care is crucial to consider when retiring. Fortunately, St. Lucia has a great health care system. There are health and wellness centers in all St. Lucia towns and villages, providing free medical treatments to all citizens and residents.
Health care in the country is privately funded, but you can find numerous insurance companies providing affordable health insurance in St. Lucia.
What’s more is that the nation is close to Miami and has countless daily flights to Miami, Atlanta and New York.
Run by a safe and stable government, you can be assured that you will be retiring in a country with good community values.
Smart investors across the world are exploring citizenship by investment in St. Lucia as the best alternative solution for wealth planning – See how it can help you plan for your family’s future.