Saint Lucia Citizenship by Investment (CBI) program started on December 29, 2015. This program allows individuals and their families to obtain citizenship in Saint Lucia by making a qualifying investment in the country, such as contributing to the National Economic Fund, investing in approved real estate projects, investing in the National Action Government Bonds, or making contributions to the Saint Lucia Enterprise Fund.
Saint Lucia, a fertile tropical gem, is a group of volcanic islands in the Caribbean, characterized by cultural treasures and a fascinating mixture of different traditions. It is distinguished by ancient scattered castles, small villages, and open markets. Its residents are famous for their good reputation, their kindness, and good treatment.
On the economic front, Saint Lucia relies mainly on banana cultivation, in addition to citrus, cocoa, coconut, and other fruits. Besides having several factories to produce and export electronic goods and toys.
Location
It is located between the Caribbean Sea and the North Atlantic Ocean, to the north of Trinidad and Tobago and the average area is 617 km².
It has an estimated population of 183.600 people.
The capital of the state is Castries.
The official language:
English is the official language in Saint Lucia.
The currency is East Caribbean dollar, denoted by XCD
Every 1 USD equals 2.7 Eastern Caribbean dollars.
How to obtain Saint Lucia Citizenship by Investment?
Applicants under Saint Lucia Citizenship by Investment Program must choose one of the following options:
-
Government non-refundable Donation to National Economic Fund (NEF):
$100,000 for a single applicant
Minimum donation for a family:
$140,000 for the applicant with spouse only
$150,000 for a family of 4 members
$15,000 Additional fees for each new member after the second child.
$25,000 Additional fees for Siblings, only from the Main Applicant
Siblings can be added to the citizenship file, up to the age of 18.
In addition to Government Fees, Administrative Fees, and Due Diligence Fees.
-
Purchasing a property from one of the real estate projects approved by the government:
Buy a property of $200,000, with a pledge not to sell the property for 5 years.
Government Administrative Fees:
$30,000 for a single applicant
$45,000 for the applicant with spouse
And for each new member:
- $5.000 if the child is under 18 years old and less than four dependents
- $10.000 if the child is over 18 years old or more than four dependents
$10,000 Additional fees for Siblings
Siblings can be added to the Saint Lucia Citizenship by Investment file, up to the age of 18.
In addition to Government Fees, Administrative Fees, and Due Diligence Fees.
- Investment in the National Action Government Bonds (NAB)
The bonds are non-interest bearing and must be registered and remain in the applicant's name for a five-year holding period from the date of the first issue.
$300,000 if the applicant is applying with any number of dependents
$50,000 Additional administration fee.
- Investing in Enterprise Projects
The Saint Lucia Citizenship by Investment Program is open to receiving proposals for investment into the following:
- specialty restaurants
- cruise ports and marinas
- agro-processing plants
- pharmaceutical products
- ports, bridges, roads, and highways
- research institutions and facilities
- offshore universities
$3,500,000 (minimum investment) for a single applicant
$50,000 Additional fee.
$6,000,000 (minimum investment) for more than one applicant (joint venture)
Each applicant must contribute at least $1,000,000.
$50,000 Additional fee.
Governmentِ Administrative fees for each dependent:
- $25,000 if the child is under 18 years old
- $35,000 if the child is over 18 years old
Advantages of Saint Lucia Citizenship by Investment Program:
- The ability to include the spouse and children under the age of 25 in the main application.
- The possibility to include the father and mother over the age of 65, of both the applicant and/or spouse.
- The ability to pass one’s citizenship to future generations by descent as it is first-class citizenship.
- Dual Nationality: In other words, no obligation to relinquish the current nationality.
- The Saint Lucia Citizenship by Investment program doesn’t require language for residence or citizenship.
- Qualified investment by the government is the only one eligible for successful application. Unlike other investment programs.
- Full confidentiality in carrying out the procedures.
- Paying the minimum administrative fees for the transaction, while the large investment value is paid after the government approves of the citizenship application.
- No education, or management experience is required.
- No requirement to reside in ST. Lucia before, during, or after citizenship is granted.
- Saint Lucia Citizenship by Investment program is considered the most economical program worldwide in obtaining citizenship by investment for one person only (donation option).
What are the benefits of obtaining citizenship from Saint Lucia?
- Access more than 145 countries with ST. Lucia’s passport is visa-free, including Europe’s Schengen area, the United Kingdom, Russia, Singapore, and Hong Kong.
- Meanwhile, ownership of the 32nd-ranked passport in the world.
- Possibility of establishing a company in any country in the world.
- Lowest tax rates and free trade environment.
- Beneficial tax regime – you will not be liable for any income tax, capital gains tax, or inheritance tax.
- In addition, the ability to study in one of the most powerful universities in the world.
- CARICOM Treaties that allow free trade between the Caribbean countries.
Required Documents for Saint Lucia Citizenship by Investment application:
Birth certificate for all applicants and a marriage certificate.
Clear criminal record.
A bank financial statement with proof of a legal source of income.
Medical examination (health certificate that it is free of diseases).
CV. and recommendation letters.
Steps to Obtain Saint Lucia Citizenship by Investment
Step 1: Pre-Application Assessment:
Provide us with a copy of all applicants’ passports once you have agreed on the investment routes. We will conduct a free pre-screening and application assessment, including a general due diligence check.
Step 2: Signing the Contracts:
Sign the contract with NTL and make the down payment.
Step 3: Application Preparation
We will assist you in filling out the necessary application forms to get Saint Lucia Citizenship by Investment and checking all the required documents.
Step 4: Submitting the Application
We will support you in paying the government and application submitting fees. Afterwards, we will apply to the Unit.
Step 5: Government Approval of the Application
The Unit will issue the approval letter.
Step 6: Payment for Donation or Investment
You will make the final payment to the government.
Step 7: Issuing Your Citizenship Certificates and Passports
The Unit will issue the certificates of citizenship, and after that, the Passport office will issue the passports.
Step 8: Closing and Transfer
We will send all your new original documents: including your citizenship certificate and your new passport to the address you provide through a courier or hand them over to you at one of our offices.
Info & useful links about Saint Lucia:
Businessmen guide for 2023 to set up a business in Saint Lucia, press here.
10 Reasons to Spend Summer of 2023 in the Caribbean, An Opportunity Every Investor with Investment Citizenship Enjoys, Click here to read more.
What is the CARICOM Convention? Click here to read more.
Saint Lucia Citizenship by Investment is one of the World’s Top Ten Citizenship by Investment Programs in 2023, click here to read more
Do you know that the Commonwealth includes a third of the world? Click here for more
About the National Dish of Saint Lucia, click here for more
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