Written questions

St Lucia: Passports

Commons · Question 8132 · Tabled 9 Oct 2024 · Foreign, Commonwealth and Development Office · Official record

Answered 21 Oct 2024

Question

Asked by Mark Garnier

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what reports his Department has received on the alleged misappropriation of funds through the sale of passports to foreign investors by members of the St Lucian government; a

Answer

Answered by Catherine West, 21 Oct 2024

We are aware of the risks associated with Citizenship by Investment (CBI) programmes as described in this question. They are a source of much needed development finance for several countries, but they can also pose challenges for both the host and third-p...