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SAINT LUCIA

LOCATION: Caribbean Sea
 
POPULATION: 183,918
 
LANGUAGE SPOKEN: English
 
CURRENCY: East Caribbean Dollar (XCD)
CAPITAL: Castries
 
NEAREST AIRPORT: Saint Lucia
 
MAJOR INDUSTRY: Tourism
Saint Lucia is an island country in the Caribbean Sea. St. Lucia is a member of the United Nations, CARICOM, OECS, and the Eastern Caribbean Currency Union. The natural beauty of the island makes it a popular tourist destination, with attractions including the rain forest, national parks, botanical gardens, a world heritage site, gorgeous Caribbean beaches, and even a drive-in volcano. The island nation attracts foreign business and investment, especially in its international banking and tourism industries.
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SAINT LUCIA CITIZENSHIP BY INVESTMENT

Launched in 2016, St Lucia has the newest citizenship by investment programme in the Caribbean. St Lucia’s programme is an amalgamation of the best practices from its surrounding islands and provides a wide range of benefits for investors and locals alike.
There are several Investment Options for citizenship in St. Lucia:
 
 
 

 
Citizenship of Saint Lucia can be attained by making an investment in Government Bonds. The bonds are non-interest bearing, must be registered and remain in the name of the applicant for a five-year holding period from the date of first issue.
 
  • Sole applicant: USD 500,000
  • Applicant with spouse: USD 535,000
  • Applicant with spouse and up to two other qualifying dependents: USD 550,000
  • Each additional qualifying dependent, of any age: USD 25,000
In addition to this, non-refundable administration fee and due-diligence fee is also applicable..
GOVERNMENT BOND INVESTMENT 
NATIONAL ECONOMIC FUND INVESTMENT (NEF)
NEF is established to receive investments to fund Government sponsored projects. Investors are required to pay USD 100,000 one-time for the fund against lifetime citizenship. Donation to the fund is the cheapest, fastest and easiest investment for citizenship in Saint Lucia.
 
  • Main applicant:  USD 100,000
  • Applicant with spouse:  USD 140,000
  • Applicant with spouse and up to two other qualifying dependents: USD 150,000
  • Each additional qualifying dependent, of any age:  USD 25,000
  • Each qualifying dependent in addition to a family of four (family includes a spouse): USD 15,000
 
In addition to this, processing fee and due-diligence fee is also applicable.
REAL ESTATE INVESTMENT
The Citizenship Investment Programme is an option for investors in approved real estate projects under the following categories:
  • High-end branded hotels and resorts
  • High-end boutique properties
  • Any other project that the Minister, on recommendation of the Saint Lucia Citizenship by Investment Board and after consultation with Cabinet, considers necessary
Minimum Investment under Government Approved projects: USD 300,000. The property must be owned and maintained for a minimum of 5 years after citizenship has been granted. In addition, administrative fee and due-diligence fee is also applicable.
 
Pre-Approved Enterprise Project: Citizenship can be attained by making an investment either independent or joint, in a pre-approved enterprise project.
 
Option 1: Sole Applicant:
Minimum investment of USD 3,500,000 and create at least 3 permanent jobs.
Option 2: Joint Venture (More than one applicant)
Minimum investment of USD 6,000,000 (with each applicant contributing a minimum of USD 1,000,000) and create at least 6 permanent jobs. In addition, due-diligence and administrative fee is also applicable.
Key Benefits of St. Lucia’s Citizenship by Investment program:
  • No residence requirements
  • Fast processing time
  • No requirement to travel to Saint Lucia during the application process  
  • Visa-free travel to around 145 countries and territories
  • Right to hold dual citizenship
  • Citizenship for life, with the right to live and work in the country
  • No tax on worldwide income
  • Entire family are eligible
Applicant Requirements:
  • Hold no Criminal Record
  • Proof of Age
  •  Proof of Investments
  • Police Clearing Certificate
  • Provide no false information
  • Has not been denied a visa to a country with which St. Lucia has visa-free travel agreements.
  • A medical Certificate for good health
 
Application Processing Time: 3 months
No minimum stay requirement.
Disclaimer:
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.