|Location||An Island between the Caribbean Sea and the North Atlantic Ocean, north of Trinidad and Tobago|
|Political Status||Parliamentary democracy|
|Size||238 sq km|
|Language||English (official), French patois|
|Currency||Eastern Caribbean dollar (XCD)|
|Time||Time zone: (GMT – 4:00)|
|DATE OF INDEPENDENCE||22 February 1979|
|GOVERNMENT TYPE||Parliamentary democracy (Parliament) under a constitutional monarchy and Commonwealth realm|
|LEGAL SYSTEM||Based on English Common Law|
St. Lucia is a dream island of travelers to the Caribbean while it is a lush tropical gem that is still relatively unknown. St. Lucia is a group of volcanic islands in the Caribbean, and one of the Windward Islands of the Lesser Antilles where it is located on the eastern side of the Caribbean Sea and an integral part of the Lesser Antilles,
Saint Lucia was inhabited long before the colonial era, and the cultural treasures have a wonderful combination of rich past and other different traditions. People of the island gained a good reputation for their warmth and charm of their manners, furthermore in the island are spread the old fortresses, small villages, and open markets.
Economically St. Lucia depends on banana cultivation in the first place, as well as citrus, cocoa, coconut, and other fruits. Besides it owns many factories for the production and export of electronic goods and toys.
Applicants under St. Lucia Citizenship by Investment Programme must choose one of four potential routes to citizenship:
Benefits of St. Lucia citizenship program:
Benefits of the program:
The Features of St. Lucia passport:
Currently, St. Lucia citizens can travel to more than 127 countries without the need to follow a cumber some visa application process. A vast majority of these countries allow St. Lucia citizens to stay 30 to 90 days without any visa requirement while some countries grant visas upon arrival or issue electronic visas upon online application.
THE MAIN STEPS TO GET ST. LUCIA CITIZENSHIP BY INVESTING:
The process may be simplified into the following steps:
Application preparation and pre-approval by NTL International.
Submission of citizenship application.
Government processing of the application and due diligence checks.
After the approval; invest in real estate or, a donation to the Saint Lucia National Economic Fund or, enterprise project, or Government bonds.
Citizenship certificate issued.
Passport application and issuance.
FOUR OPTIONS FOR CITIZENSHIP:
To qualify for acquiring St. Lucia citizenship by investment, an applicant has four options:
In order to qualify for this programme, the applicant can make a minimum investment in the St. Lucia National Economic Fund.
Once an application for citizenship has been approved, the following investment is required:
To qualify, the applicant must invest in approved real estate in a development area with a minimum value of US$ 300,000.
The property must be owned and maintained for at least five years. Property registration, processing fees, and taxes must be paid in addition to the purchase of the property.
Payments made to the CIU after approval:
After the applicant gets the approval, he/she can make a minimum investment by purchasing non-interest bearing Government Bonds in Saint Lucia which must be held for 5 years. The bond amount will vary depending on the size of the family.
The government bond option carries an administration fee of US$ 50,000 per application.
Applicants can invest at least US $ 3.5 million in an approved enterprise project and create at least three jobs. Two applicants may share in an investment of $ 6 million and establish six jobs to qualify.
Approved enterprise projects should include in one of the following categories:
Restaurants, cruise lines, marinas, agro-processing plants, pharmaceutical products, ports, bridges, roads, highways, research institutions, and facilities, or foreign universities.
Principal Applicant US$ 50,000
Each qualifying dependant under18 Y.O.: US$ 25,000
Each qualifying dependant 18 Y.O. and over: US$ 35,000
Due Diligence Fee:
|Principal Applicant||US$ 7,500|
|Dependent child under 16 Y.O.||US$ 0|
|Dependent 16 Y.O. and over:||US$ 5,000|