How to Obtain Saint Lucia Citizenship through Investment
Saint Lucia offer one of the most cost-effective Citizenship by Investment programme offerings in the Caribbean. There are three main investment routes that applicants can apply through. The first is by contributing (donating) to Saint Lucia’s National Development Fund. The route requires a minimum donation of $240,000, plus fees. The second option is by investing in government approved real estate projects, from $300,000. The third route, is a five-year investment in Government Bonds. See below for more details on each route.
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Requirements
In addition to making the necessary investment or donation there are several requirements that applicants must meet for Saint Lucia
Family Requirements
Family members can be included in the application for St Lucia citizenship. The main investor can include:
- Spouse
- Dependent Children
- Dependent parents over 55 years
- Siblings under 18 years old
Due Diligence Requirements
All applicants will need to be of good character and undergo the St Lucia government’s due diligence formalities: Investors must provide
- Police Reports – evidence of a clean criminal record
- Have no outstanding visa refusals
- Various documentation, including financial documents, employment/ business documents, ID, proof of address
Minimum Stay Requirements
One of the many attractions of gaining second citizenship in Saint Lucia is that the Citizenship by Investment programme does not have any minimum stay requirements. Citizens of St Lucia have the right to live, work or study in St Lucia, if they wish to, but this is not a pre-requisite of the programme. There is also no interview or language test required.
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Programme Cost
St Lucia Citizenship by Donation
The lowest cost route to gain Saint Lucia Citizenship is via a donation to the National Economic Fund. The minimum investment required is $240,000 for a family of up to four. Additional due diligence and processing fees are also applicable and will vary depending on the applicant’s age and the size of their family.
St Lucia Citizenship by Real Estate Investment
For the real estate route, applicants must invest in a government-approved real estate development for a minimum of $300,000, plus fees. The investment must be held for a minimum holding period of five years, after which it may be liquidated.
St Lucia National Action Bond
Citizenship by Investment Applicants can also choose to deposit $300,000 into a refundable Government Bond, known as the National Action Bond. The bond has a minimum holding period of five years, after which the capital can be returned to the investor at 0% interest. The investment is $300,000 regardless of how many family members are included in the application. There is also an additional non-refundable administration fee of $50,000 required, plus other application and due diligence fees.
St Lucia Enterprise Projects
Citizenship by Investment Applicants can also choose to invest $250,000 into a local enterprise project. The investment is $250,000 for families up to four person, plus an administration fee and all other application and due diligence fees apply.
How Long Does It take?
Applications for the St Lucia Citizenship Investment programme take an average of 5-6 months to be processed from the date the applicant’s file is submitted to St Lucia’s Citizenship by Investment Unit (CIU). Typically, it takes most applicants between 2-6 weeks prior to this to gather all their documentation. La Vida’s in-house processing team will assist applicants with this entire process and the application can be filed remotely, no need to travel.
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Important Note: Only certain international agents are authorised by the CIP to promote the St Lucia citizenship by investment programme. La Vida (Licence No. PM43LV300118) is approved by the St. Lucia government to promote the programme.
Benefits of Programme
Once investors have successfully been granted Saint Lucian Citizenship, they will be issued with a Saint Lucia passport. St Lucian passport holders benefit from visa-free access to 158 countries and territories worldwide according to La Vida’s Unique Passport Investment Report. This represents over a third of the world’s GDP and includes access to the EU Schengen zone, UK, Hong Kong, Singapore and more.
Read more in our St Lucia’s Passport Investment Report.
- Security of a Plan B Passport
- Visa-Free Travel to 158 countries and territories worldwide
- Diversify your assets outside of your current region
- Live, Work and Study in St Lucia and other CARICOM nations
- Tax-free incentives for residency
Advantages of Adding a St Lucia Passport
When investing for a second citizenship and passport it is important to understand exactly how your existing passport combines to provide visa free access worldwide. Not only measuring the number of visa free destinations but giving weight to the importance and popularity of those destinations. Only La Vida provides such comprehensive analysis for the St Lucia Passport and for passports through other citizenship investment programs by using sophisticated measures developed for business and leisure travel. Contact us and speak to one of our advisors for your free report tailored to your existing citizenship and passport.
Buying Real Estate St Lucia
There is currently only one government approved real estate project in St Lucia that qualifies for citizenship through real estate investment. Most applications are currently through donation. Please contact us for further details.
How Can La Vida Help You?
Only certain international agents are authorised to promote the St Lucia program although many operate as sub agents. La Vida is approved by the St Lucian government to promote the St Lucia Citizenship by Investment program directly as we are for the other four Caribbean countries offering citizenship through investment. La Vida is one of the world’s leading investment migration companies and has extensive global reach with our expert team having helped clients in over 150 countries worldwide.
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