Revised Laws of Saint Lucia (2021)

PART 1
ADMINISTRATION

3.   Functions of the Unit

Without prejudice to the Citizenship by Investment Act, the Unit is responsible for —

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    (a)     processing an application for a certificate or an alien landholding licence;

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    (b)     processing an application for an amendment of a licence issued under the former Act or an alien landholding licence;

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    (c)     collecting —

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      (i)     a non-refundable application fee for a certificate,

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      (ii)     an alien landholding licence fee,

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      (iii)     a subdivision fee;

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    (d)     conducting due diligence checks on an alien, including —

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      (i)     an alien investor,

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      (ii)     a beneficiary,

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      (iii)     a spouse of an alien,

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      (iv)     a dependant of an alien,

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      (v)     an administrator or executor who administers the estate of a deceased alien,

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      (vi)     the director, beneficial owner or shareholder of a company,

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      (vii)     a receiver or liquidator on receivership or liquidation of a company;

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    (e)     keeping and maintaining a record of —

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      (i)     certificates,

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      (ii)     alien landholding licences, and

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      (iii)     alien investor entrance permits;

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    (f)     carrying out any other function specified under this Act.