SAINT LUCIA CITIZENSHIP BY INVESTMENT
WHY SAINT LUCIA?
St. Lucia’s Citizenship by Investment Program was established in 2015 under the regulations of the Citizenship by Investment Bill 2015, making it the most recent addition to the citizenship by investment programs in the Caribbean region. By selecting only the best practices, the Citizenship by Investment Board is committed to making the program the most efficient for applicants, while providing unrivaled benefits for the country and its people.
The country recognizes dual citizenship, and tax-free worldwide income. The Citizenship by Investment Program of Saint Lucia offers its applicants the following benefits:
- Processing time within 3 months,
- You can include dependent children under 25, dependent parents or grandparents over 65 and dependent siblings of the main applicant who have no children and are under 18
- No need for you to be physically present in the country., and no need to travel to the country during the application process.
- No interview, education, or managerial experience requirements.
- Their passport allows Visa-free travel to over 100 countries, including Schengen member states, the U.K., Hong Kong, Singapore and more.
HOW TO OBTAIN SAINT LUCIA CITIZENSHIP?
Through the Saint Lucia Citizenship by Investment program, you can become a citizen by investing in either of the options given below:
- Covid-19 Relief Bond – Minimum investment US$250,000 (limited time offer)
- National Economic Fund Contribution – Minimum investment US$100,000
- Real Estate Investments – Minimum investment US$300,000
- Government Bond Investment – Minimum investment US$500,000
- Enterprise Project Investment – Minimum investment US$3,500,000
COVID-19 RELIEF BOND
Under this fund, there is guaranteed return on investment after the prescribed time. Limited Time Offer until December 31, 2020.
Single applicant (five-year holding bond): US$250,000
Applicant applying with 1 qualifying dependent (six-year holding bond): US$250,000
Applicant applying with up to 4 qualifying dependents (seven-year holding bond): US$250,000
Applicant applying with up to 4 qualifying dependents (five-year holding bond): US$300,000
Each additional qualifying dependent, along with an applicant applying with up to 4 qualifying dependents: US$15,000
An administrative fee of US $30,000 is payable by the applicant once the application for citizenship has been granted
NATIONAL ECONOMIC FUND CONTRIBUTION
Under this fund:
Sole applicant: US$100,000
Applicant with spouse: US$140,000
Applicant with spouse and up to two other qualifying dependents: US$150,000
Each additional qualifying dependent, of any age: US$25,000
Each qualifying dependent in addition to a family of four (family includes a spouse): US$15,000
Add-on of qualifying dependents of a citizen
Newborn child of a citizen (child of 12 months of age & below): US$500
Spouse of a citizen: US$35,000
Qualifying dependent of a citizen other than a spouse: US$25,000
REAL ESTATE INVESTMENT
Under the Real Estate Investments options, you can buy government approved property (hotel shares, villas, and condominium units).
Minimum investment: US$300,000
Non-refundable administration fee:
Applicant applying alone- US$ 30,000
Applicant applying with spouse- US$ 45,000
Each qualifying dependent (18 years of age and over) – US$ 10, 000
Each qualifying dependent (under 18 years of age) – US$ 5,000
Applicant applying with spouse & more than four dependents – US$ 10,000
GOVERNMENT BOND INVESTMENT
Under this option, applications for citizenship of Saint Lucia can be made through an investment in Government Bonds. The bonds are non-interest bearing, and must be registered and remain in the name of the applicant for a five-year holding period from the date of first issue.
Once an application for Saint Lucia citizenship has been approved, the following minimum investment in Government Bonds is required:
Sole applicant: US$500,000
Applicant with spouse: US$535,000
Applicant with spouse and up to two other qualifying dependents: US$550,000
Each additional qualifying dependent, of any age: US$25,000
An additional, non-refundable administration fee of US$30,000 will apply.
ENTERPRISE PROJECT INVESTMENT
Invest in Saint Lucia through enterprise projects, including the following categories:
• speciality restaurants
• cruise ports and marinas
• agro-processing plants
• pharmaceutical products
• ports, bridges, roads and highways
• research institutions and facilities
• offshore universities
The minimum investment is:
Option 1 – Sole applicant
Minimum investment US$3,500,000
An additional, non-refundable administration fee of US$50,000 will apply.
Option 2 – More than one applicant (joint venture)
Minimum investment US$6,000,000
Each applicant must contribute at least US$1,000,000
An additional, non-refundable administration fee of US$50,000 will apply.
Administrative Fees for Dependents:
Each qualifying dependent (18 years of age and over) – US$ 35, 000
Each qualifying dependent (under 18 years of age) – US$ 25,000
WHO IS ELIGIBLE?
- a spouse of the applicant;
- a child of the applicant or of his or her spouse who is twenty-one years of age or below;
- a child of the applicant or of his or her spouse who is no more than thirty years of age and who is fully supported by the applicant;
- a child of the applicant or of his or her spouse, of any age, who is physically or mentally challenged and who is fully supported by the applicant;
- a parent of the applicant or of his or her spouse who is above fifty-five years of age and who is fully supported by the applicant;
- a parent of any age who is physically or mentally challenged and who is fully supported by the applicant;
- an unmarried sister or brother of the applicant who is below eighteen years of age and who has received the consent of his or her parent or guardian to make an application for citizenship by investment.
HOW DO YOU QUALIFY?
To qualify for Saint Lucia Citizenship, you must have an excellent character, no criminal record, good health, and high net worth.