SAINT LUCIA CITIZENSHIP BY INVESTMENT PROGRAM

SAINT LUCIA CITIZENSHIP BY INVESTMENT PROGRAM

Saint Lucia’s Citizenship by Investment Program was established in 2015, making it the most recent addition to the CIP programs in the Caribbean region.

This program will allow qualified investors and their family members to apply for citizenship and benefit from facilitation of visa-free travel to over 100 countries including Schengen zone and UK.

Qualifications

To qualify for citizenship in Saint Lucia, applicants must fulfill one of the investment requirements below in addition to the following criteria:

Be of outstanding character.
Hold no criminal record.
Have excellent health.

Benefits

Fast processing within three months.
Inclusion of dependent children under 25.
Inclusion of dependent parents above 65 who are currently residing with the applicant.
Inclusion of mentally or physically challenged dependent children and/or parents.
No physical residency requirements.
No requirement to travel to Saint Lucia during the application process.
No interview, education or managerial experience required.
Visa-free travel to more than 100 countries, including the Schengen Zone, the U.K. and Hong Kong.
No tax on worldwide income.

Government Bond Investment

Upon approval an applicant and accompanying family may opt to invest in Saint Lucia government bonds, which must be held for five years. The bond amount will vary depending on the size of the family.

US$500,000: Single applicant.
US$535,000: Main applicant and spouse.
US$550,000: Family with up to 3 dependents (spouse + 2 children).
US$25,000: Each additional dependent.

The government bond option carries an administration fee of US$50,000 per application.

National Economic Fund Contribution

High net worth individuals may choose to make a monetary contribution to the NEF organization via one of the prescribed contribution levels.

US$100,000: Single applicant.
US$165,000: Main applicant with spouse.
US$190,000: Family with up to 3 dependents (spouse + 2 children).
US$25,000: Each additional dependent.

Real Estate Investment

Applicants may purchase property valued at a minimum of US$300,000 in a preapproved real estate development area. The property must be owned and maintained for a minimum of five years. Property registration, processing fees and taxes must be paid in addition to the property purchase.

Enterprise Project Investment

Applicants may invest a minimum of US$3.5 million in an approved enterprise project and create at least three jobs. Two applicants may share an investment of US$6 million and create six jobs to qualify. Approved enterprise projects must fall under one of the following categories: specialty restaurants, cruise ports and marinas, agro-processing plants, pharmaceutical products, ports, bridges, roads and highways, research institutions and facilities, or offshore universities.

Residency Obligation: No physical residency obligation.

SAINT LUCIA CITIZENSHIP BY INVESTMENT PROGRAM

SAINT LUCIA CITIZENSHIP BY INVESTMENT PROGRAM

The process

MONTH 1:
File preparation. The advisory fee, the government and due diligence fees are all payable at this stage.
MONTH 2:
Submission of citizenship application
MONTH 3:
- Investment made in selected option. Payment of government fees, if applicable.
- Issuance of Naturalization Certificate
MONTH 4:
- Issuance of Certificate of Naturalization.
- Issuance of passport.

Fees

Advisory fees: US$30,000 for a single applicant, US$35,000 for a family of two (main applicant + spouse) and US$2,500 for each additional dependent.

Government Fees: US$50,000 for main applicant, US$35,000 for spouse or dependents over 18, US$25,000 for each dependent under 18.

Government Fees (Bonds): US$ 50,000 per application

Processing fees: US$2,000 for main applicant, US$1,000 for each dependent above 16.

Due Diligence Fees: US$7,500 for main applicant, US$5,000 for each dependent above 16.

Free Assessment for High Net Worth Individuals

Fill out the following simple free Questionnaire. We will assess your eligibility based on all Canadian business immigration programs and send you the result within 48 hours!

About St. Lucia

Countries without visas: 118
Population: 323,995,528
Population growth: 0.33%
GDP (per capita): 12000 USD
GDP (purchasing power parity): 2083000000 USD
Location: Caribbean, an island between the Caribbean and the North Atlantic, in the north of Trinidad and Tobago
Capital: Castres
Clock Difference: UTC-4
Total area: 616 sq. Km.

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