St. Lucia, Caribbean Citizenship by Investment Program

St. Lucia, Caribbean Citizenship by Investment Program

The quality of life in Saint Lucia is unmatched by many other countries. We have a relatively low crime rate, easy access to contemporary infrastructure, services, and amenities, as well as top-notch dining establishments and hotels. To experience a greener lifestyle, residents might choose to live close to big population areas or adjacent to the quieter countryside. On a day with no traffic, it takes little over an hour to get from the north to the south of the island, so nowhere is really far away.

You must be conscious that when you choose to become a citizen of Saint Lucia, we are providing more than simply citizenship—we are providing an identity, a people, and a position in the world. We are a unique and remarkable island. We are the guardians of an exceptional legacy. It is one thing to have a beautiful nation and landscape, but what truly makes a difference are the people that live there. The motto of Saint Lucia encapsulates all of our collective treasures: the land, the people, and the light.

Advantages of St Lucia Citizenship Passport Program

• Single applicant starts from $100,000
• 3-4 months to complete.
• Family qualifies under one investment.
• Lifetime citizenship.
• No residency requirement.
• St. Lucia allows dual citizenship.
• No taxation on worldwide income.
• Equality of citizenship with natural-born citizens including the right to vote and ability to pass on citizenship to family.
• No residency requirement, no need to travel to St. Lucia during application process and quick processing within 3 months.
• No country restrictions.
• Stable political and economic democracy.
• Favorable tax environment with no capital gains tax, relatively low income and corporate tax, no taxation on worldwide income.

How to Qualify for St. Lucia Citizenship

1. Main applicant to Saint Lucia citizenship must be at least 18 years old
2. Applicants must hold no criminal record
3. Must prove the source of fund for the investment
4. Dependent children under the age of 30
5. Dependent parents above the age of 55
6. Unmarried dependent siblings of the main applicant under the age of 18
7. Must undergo due diligence checks to gain approval

St Lucia Citizenship by Investment Options

OPTION1: THE NATIONAL ECONOMIC FUND (DONATION)

The National Economic Fund (NEF) was created to fund government sponsored projects. Its A non-refundable contribution depending on the number of dependents included in the application

• Single applicant US $100,000
• Main applicant and spouse US $140,000
• Family of four US $150,000
• Additional dependents US $15,000 per applicant

OPTION2: GOVERNMENT BONDS

Applicants may also satisfy the criteria for Citizenship by Investment by purchasing Government bonds in the name of the applicant. Investors need to hold onto the bonds for a minimum of five (5) years. The bonds do not bear any interest during this time, so only the original purchase amount is recoverable. The following investment is required to meet the criteria:

• Single applicant – USD $500,000
• Main applicant and spouse –  USD $535,000
• Applicant with spouse and up to two other dependents – USD $550,000
• Additional dependents – USD $25,000 per applicant
• Non-Refundable Administrative Fee – USD $30,000

OPTION3: REAL ESTATE INVESTMENT

The applicant must invest in a government-approved St Lucia Real Estate project within Saint Lucia at a minimum value of US $300,000. The investor must hold the property for at least five (5) years from the grant of citizenship. Furthermore, you may only re-sell that real estate under the Citizenship by Investment Program after five (5) years of acquiring citizenship.

• Single applicant USD $30,000
• Main applicant and spouse USD $45,000
• Dependents 18 years or above USD $10,000 per applicant
• Dependents under 18 years: Up to 4 children
• Fifth child and more US $5,000 per applicant – USD $10,000 per applicant

OPTION4: COVID -19 RELIEF BOND ( LIMITED TIME OFFER )

COVID-19 Relief Bond – $250,000

In the wake of the COVID-19 pandemic, Saint Lucia has created a unique COVID-19 Relief Bond, which requires a minimum investment of $250,000, which was only be available until December 31, 2020.

The bond offers investors no interest, and applicants are required to maintain the bond for a minimum of five (5) years but up to seven (7) years depending on the number of qualifying dependents. There is no processing fee, but there is a $30,000 administrative fee that the investor is required to pay once the citizenship application has been granted.

• Single applicant US $250,000. The bond must be held for 5 years
• Main applicant and a single dependent US $250,000. The bond must be held for 6 years
• Main applicant and between 2 to 4 dependents US $250,000. The bond must be held for 7 years
• Main applicant and between 2 to 4 dependents US $300,000. The bond must be held for 5 years
• Additional dependents (with up to 4 in total) US $15,000 per applicant

St. Lucia Caribbean Citizenship by Investment Program Process

Our Authorised Agents offer an efficient service to process your application, giving it the attention it deserves to ensure it is given the best possibility of success, allowing you full security for your investment and a second passport for you and your family.

1. Free Consultation
   This includes guiding our clients understand for the best investment option to suit their needs, whether by donation or investing in real estate. We learn about our clients, their family members, and their situation before going through the costs involved for the various options. At the end of this stage, we provide a full quotation for your consideration.
2. Free Validation
   Once you have agreed on the quotation, we examine and validate all the required documents. Ensuring that the client would not waste time and money before knowing for certain that their application is eligible.
3. Submission of required documents
   We then translate and notarise all required documents, and fill in all government forms. Ensuring that they are fully compliant with government requirements and regulations. Then, we prepare a full file for a final submission.
4. Apply for initial approval
   At this stage, all the pre-screened documents are sent to the various government agencies for processing. During this time, we follow-up closely with our agencies in Dominica to ensure a timely and speedy process. We keep in touch with our clients for any further governments clarifications and update the customer on the status.
5. Approvals & Payments
   Once the initial approval is secured, a request for funds will be made by the government. When the funds are cleared, we will apply for final citizenship certificate and St Lucia passport documentations.
6. Congratulations, your passport is now ready!
   Once all the approvals are done, and the payment has been completed in full, we will then arrange to securely handover the passport. Congratulations, your second citizenship by immigration is complete. If you need any help in the future, please contact us and we can always help you out.