Revised Laws of Saint Lucia (2022)

PART 4
RIGHT TO MOVE CAPITAL

9.   Right to move capital

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    (1)   Subject to this Act, a national of a member State shall enjoy the right to move capital into and within Saint Lucia and out of Saint Lucia to another member State, without discrimination on the ground of nationality.

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    (2)   For the purposes of this section “move capital” includes—

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      (a)     the transfer of equity and portfolio investments;

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      (b)     short term bank and credit transactions;

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      (c)     payment of interest on loans and amortizations;

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      (d)     dividends and other income on investments and taxes;

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      (e)     repatriation of proceeds from the sale of assets; and

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      (f)     other transfers and payments relating to investment flows.