SAINT LUCIA CITIZENSHIP BY INVESTMENT

Saint Lucia has the newest and arguably the best-positioned citizenship by investment program in the Caribbean. Vibrant, discerning, and alluring, Saint Lucia offers all the tropical benefits of the region while remaining exclusive, authentic, and engaging.

WHY SAINT LUCIA?

Saint Lucia has inherited decades of experience from its Caribbean neighbours. By hand-picking only the best practices, the Citizenship by Investment Board is committed to making the program the most efficient for investors while providing unmatched benefits for the country and its people.

Saint Lucia recognizes dual citizenship, which can prove advantageous for business expansion and tax relief. Other benefits include the following:

  • Fast processing within three months.
  • Dependents are children under 25, and parents above 65 who are resides in a same roof with the applicant, and 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.

REQUIRED QUALIFICATIONS

Saint 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 CIP programs in the Caribbean region.

To qualify for citizenship in Saint Lucia, applicants must meet the following criteria:

  • Be of outstanding character.
  • Hold no criminal record.
  • Have excellent health.
  • As well as fullfil one of the investments below:
    1. National Economic Fund Contribution
      • US$100,000: Single applicant.
      • US$135,000: Main applicant with spouse.
      • US$185,000: Family with up to 3 dependents (spouse + 2 children).
      • US$25,000: Each additional dependent.
    2. Real Estate Investment
      • Applicants may purchase property valued at a minimum of US$300,000 in a pre-approved 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.
    3. 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.
    4. 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.

 

saint-lucia-flag
  • Government: Unitary parliamentary constitutional monarchy
  • Capital: Castries
  • Official languages:  English
  • Total area: 238 sq mi
  • Population: 181,889(2018)
  • Time zone: UTC-4
  • GDP: $2.689 billion (2018)
  • Currency: East Caribbean dollar (XCD)

 

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