Saint Lucia officials have announced a one-year extension for the popular Covid-19 Relief Bond Investment option, which was due to expire at the end of this month.

The refundable bond was introduced back in 2020 as a way of raising emergency funds to support the country during the pandemic. The Limited Time Offer has proven to be extremely successful for the Island and a popular choice amongst Citizenship Investors looking to gain a second passport.

Saint Lucia’s Covid-19 Relief Bond requires a minimum investment of $250,000 for a single applicant or $300,000 for a family of four. The bonds, which are at 0% interest, need to be held for five years and following this period, can be liquidated. Whilst the initial outlay of this Citizenship by Investment option is higher than Saint Lucia’s Citizenship by Donation route, the main attraction is that this route is fully refundable and investors will later be able to recoup their funds, minus fees.

If you would like to find out more about St Lucia’s Citizenship by Investment programme and receive a personalised quotation, please contact our experts.

***UPDATE***
On 13th October 2022, St Lucia’s Citizenship by Investment Unit released an official memo stating that the Covid-19 Relief Bond programme will expire as of 31st December 2022, and will not be extended again. Act quickly to meet this deadline. 

Tags: caribbean, citizenship by investment 2022, st lucia

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