Following Grenada and Dominica. Saint Lucia has announced an increase in the minimum investment required for the CBI Program. according to the cooperation agreement (MOA) signed on 6/3/2024 with other Caribbean islands that offer citizenship by investment programs.

New Investment Options in Saint Lucia:

National Economic Fund Option:

• for the applicant with up to three dependents: 240.000$
• Additional fees:
  – each dependent under 18: 10.000
  – each dependent over 18: 20.000$
  – newborns under 12 months: 5.000$
  – the spouse of the citizen: 35.000$
  – other eligible dependents: 25.000$

Real Estate Investment Option for Government-Approved Properties:

• applicable administrative fees for the applicant and dependents: plus 300.000$ 

Government-Approved Enterprise Projects:

• applicable administrative fees for the applicant with up to three dependents: plus 250.000$

Have these amendments been implemented in Saint Lucia?

 Yes, any new application submitted after 7/1/2024 will be subject to the latest fees. However,  applications already in process will be handled as follows:

• Applications that are in processing can be submitted by June 30, provided they include basic applicant details.

For more information and details on how to apply for the Citizenship by Investment Program in Saint Lucia. please contact NTL

Related news:

CBI programs bring together 4 Caribbean islands to sign a MOA, click here.

Summary of Antigua and Barbuda Memorandum on Implementing the New Decision 2024, click here.