‘Simply beautiful’ is the slogan that has been used to depict the tropical beauty of this island, St. Lucia. Similar to other Caribbean islands in more than one way, yet singular in many of its features as a country with a developing economy, St. Lucia has made a name for itself as a prime destination for millions of tourists.

St. Lucia has been referred to as the Helen of the West Indies, as its inhabitants liken some of the island’s qualities to those of Helen of Troy, daughter of Zeus spoken about in Greek mythology. Small, lush St. Lucia is stretches over 27 miles long and found in the chain of Eastern Caribbean islands, north of Barbados and nestled between the islands of Martinique and St. Vincent, islands which like St. Lucia are all battered by the waves of the Atlantic Ocean on their eastern shores and the still waters of the Caribbean Sea on the west.

Over the years there has been much interest in home ownership, yachting, hotels and other forms of development in the islands. Two islands in particular have aimed to make it easier for investors who may not only wish to do business but become a citizen and live there by owning a home and enjoying free movement within the Caribbean and opportunities for expansion that are available. An example of this is the Dominica citizenship and second passport program which is very well regulated. It is administered by a special commission which is responsible for overseeing agents licensed to provide citizenship services and support, supervise the sector and regulate it, also very often agents provide offshore companies services. Licensed agents are required to operate according to regulatory standards. With regard to the St. Kitts program, an identical commission and system exists for supervising the second passport program. This is important to ensure that proper due diligence is carried for every applicant. St. Kitts passports are accepted and respected worldwide and like Dominican passports grant easier access to Caribbean markets for business and employment.

St. Lucian people are what add the extra magic touch to the St. Lucia’s natural splendor as they make up a people who are productive, hospitable and peaceful. A stark French Creole culture which has survived in spite of official use, cultural and historical influence of the English language distinguishes the people of St. Lucia from most of those found elsewhere in the Caribbean. The Creole culture in St. Lucia is evidenced in mannerism, speech patterns, traditional wear, dance, dishes and beliefs.

A lot of St. Lucia has been shown to the wider world as the island develops its tourism sector, services industry, agriculture industry, exported goods, education facilities at primary secondary and tertiary level and entertainment industry. Tourism and entertainment are key sectors which open venues for the people of St. Lucia to show their artistic talents and hospitability. Professional services in the financial and business sectors allow for economic diversification, professional training and employment.

In pursuing business interests overseas, on December 3rd, 2009, a Tax Information Exchange Agreement was signed by St. Lucia with Aruba and the Netherlands. Some other 12 agreements are expected to be signed by March 2010 in light of the pressure that countries, mostly developing economies with growing offshore and financial sectors face from G-20 member countries and the Paris based OECD.

Small enterprises in St. Lucia are recognised for their contribution in creating jobs and so in early December 2009, the Exogenous Shock Facility (ESF) was launched as an initiative to assist small entrepreneurs through the allocation of some XCD seven million as financial aid, to be administered accordingly by the Saint Lucia Development.

Infrastructural development has been top on the agenda of St. Lucia’s government, with a special focus on roads, airport facilities, telecommunications and the construction of commercial buildings and centres. Urban areas between Gros Ilet and Castries have experienced overwhelming infrastructural growth for the accommodation of professional and international financial service providers, constant improvement works on the George F.L. Charles Airport seek to continue air access into St. Lucia international flights by small to medium sized air carriers.