Retirement Plan
The United States of America (US) State Department last week released the annual Investment Climate Statements for 2016, with Saint Lucia being ranked sixth among Caribbean nations.
The report shows the US direct foreign investments in nations globally, including the region.
It said there was US direct investments in 2015 of US$230 million, an increase of 41.1 percent from 2014 for the island, which was ranked a little below countries like Barbados and the Bermuda.
Here are the other 9 Caribbean nations – ranked from most to least investments – which benefited from the most US investments as of last year based on the analysis:
1: Bermuda
In the number one spot, with US’ direct investment of US $269.3 billion is Bermuda. This was an increase by 0.7 percent from 2014.
2: British Caribbean Islands
In the second place on the British Caribbean territories with U.S. direct investment of US $257.3 billion in 2015, an increase of 6.2 percent from 2014.
3: Barbados
Coming in at third on the top 10 list is Barbados with US foreign direct investment in 2015 totaling US $14.9 billion, an increase of 5.3 percent from 2014.
4: Curacao
At fourth on the list is Curacao with U.S. direct investment in the island in 2015 put at US $5.7 billion. However, this was a decrease of 0.1 percent from 2014.
5: The Dominican Republic
Fifth on the top 10 list is the Dominican Republic which benefited from U.S. direct investment in 2015 of US $1.4 billion, an increase of 11.9 percent from 2014.
7: Jamaica
Ranking at seventh on the top 10 list is Jamaica, which saw U.S. direct investment in 2015 of US $204 million, an increase of 2 percent from 2014.
8: French Caribbean Islands
At eight on the top 10 list are the French Caribbean Islands which in 2015 saw U.S. direct investments of US $185 million, a whopping increase of 38.1 percent from 2014.
9: Aruba
Ranking at ninth is Aruba which saw U.S. direct investment of US $82 million in 2015. However, this was a staggering decrease of almost 67 percent from 2014.
10: Belize
Rounding out the 10 ten is Belize, which saw U.S. direct investment in 2015 of US $34 million, an increase of 3 percent from 2014.
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