St Lucia
Saint Lucia launched its citizenship-by-investment program in 2015.
The country offers a low-cost citizenship-by-investment program, which starts with an investment of USD 100,000 onwards.
There is no requirement to travel to Saint Lucia. during the application process, nor is there any minimum stay requirement upon obtaining a citizenship.
Overview
Saint Lucia is an island nation in the southern Caribbean. It is a member of the UN and the Organization of American States.
Saint Lucia is a multiparty, parliamentary democracy.
Holders of a Saint Lucian passport can enjoy visa free travel to approximately 140 countries, including the European Schengen area, UK, Hong Kong and Singapore.
Investment options
Investors can choose from the following options
- Donation: Contribution to the National Economic Fund (NEF) of up to USD 100,000 for single investor, plus additional USD 40,000 donation to include spouse of the main applicant.
Family of four including the main applicant, the spouse of the main applicant, and two other dependants: USD 150,000 - Covid-19 Relief Bond: This is a limited period option where investor has the option to invest USD 250,00 in a non-interest-bearing government bond. There is waiver of processing fee. For a single applicant, the investment must be held for 5 years. If applying along with spouse, the bond must be held for 6 years and if applying for a family of four, the holding period increases to 7 years.
- Real Estate: Investors can invest a minimum of USD 300,000 in government authorized real estate projects. The real estate process requires a binding process and sale agreement; appointment of escrow agent; an escrow bank account to which the minimum investment amount is to be deposited and an escrow agreement. This investment must be held for a minimum of 5 years from the date the citizenship is granted.
Requirements of the Citizenship by Investment Program
- Hold a valid passport
- Provide KYC documents and proof of funds.
- No criminal records or police clearance certificate for all adult applicants
- Medical certificate
Benefits of the Citizenship by Investment Program
- One of the lowest cost programs and quick processing time.
- Right to live, work and study in Saint Lucia.
- Visa free travel to approximately 140 countries, including the UK, Hong Kong, Singapore and the Schengen area.
- No tax on worldwide income or capital gains tax or inheritance tax
- Dual citizenship permitted
- No language test or residency requirement
- Inclusion of dependent children up to the age of 25 and parent over 65 years.