St Lucia Citizenship by Investment refers to a program offered by the government of St. Lucia that allows foreign individuals and their families to obtain citizenship in exchange for making a significant economic contribution to the country. 

By participating in this program, applicants can acquire St. Lucian citizenship and a passport, granting them various benefits and rights associated with being a citizen of the country.

 

St Lucia Citizenship Benefits

If you are a St Lucia citizen, you can enjoy numerous advantages. 

• Visa-free or visa-on-arrival travel to around 140 countries and territories worldwide while holding a St Lucia passport
• No wealth, gift, inheritance, foreign income, or capital gains taxes
• No requirement to live in St Lucia before or after getting the citizenship
• Allow dual citizenship: individuals can retain their current citizenship while also becoming citizens of St Lucia
• A stable political system, low crime rates, and a peaceful environment

 

St Lucia Citizenship by Investment Overview

The following family members of the main applicant can be included in the application for St Lucia citizenship:

• Spouse
• Children under age of 31
• Siblings under age of 18
• Parents aged 55 and above

 

St Lucia Citizenship by Investment Options

Under this program, individuals can obtain St Lucia citizenship by making a financial investment in one of the approved options. The main investment options include:

• National Economic Fund
• National Action Bond
• Real Estate Project
• Enterprise Project

Application Processing Fee

• Main Applicant: USD$2,000
• Each qualifying dependent: USD$1,000

Due Diligence Fee

• Main Applicant: USD$7,500
• Each qualifying dependent: USD$5,000

Due diligence is only conducted on applicants above the age of 16 years. 

 

National Economic Fund

By investing in the National Economic Fund of Saint Lucia, individuals can easily pursue citizenship while simultaneously contributing to the development of the country’’s infrastructure and utilities. After the approval of your application, it is required to meet the minimum investment requirement for yourself and potentially your family, if applicable. The St Lucia Citizenship by Investment Board thoroughly evaluates all applications and retains the authority to approve, reject, or postpone them based on valid reasons.

The investment amounts are as follows:

• Applicant alone: USD$100,000
• Applicant with spouse: USD$140,000
• Applicant with spouse and up to 2 other qualifying dependents: USD$150,000
• Each additional qualifying dependent, of any age: USD$25,000
• Each qualifying dependent in addition to a family of 4 (family includes a spouse): USD$15,000

 

National Action Bond

To obtain citizenship of Saint Lucia, individuals can apply through an investment in the National Action Government Bonds (NAB). These bonds are non-interest bearing and must be registered and maintained in the applicant’s name for a minimum holding period of 5 years starting from the initial issuance date.

For applicants applying with any number of dependents, the required investment amount is set at USD$300,000. 

In addition to the investment, there is a non-refundable administration fee of USD$50,000 that is also applicable. 

 

Real Estate Project

With its huge appeal to visitors and tourists, St. Lucia takes pride in offering a diverse selection of real estate options. As part of the Citizenship Investment Programme, investors have the opportunity to make investments in approved real estate projects falling under 2 categories: 

• High-end branded hotels and resorts, 
• High-end boutique properties.

By participating in this program, investors will acquire the title deed to the property, becoming the rightful owners.

Investment Amount

The one-time minimum investment payable upon the grant of citizenship is USD$200,000.

Administrative Fees

• Applicant applying alone: USD$30,000
• Applicant applying with spouse: USD$45,000 
• Each qualifying dependent (18 years of age and over): USD$10, 000 
• Each qualifying dependent (under 18 years of age): USD$5,000 
• Applicant applying with spouse & more than four dependents: USD$10,000

 

Enterprise Project

Now, there are no available enterprise projects for investment. However, the Citizenship Programme welcomes proposals for investment in the following areas:

• Specialty restaurants
• Cruise ports and marinas
• Agro-processing plants
• Pharmaceutical products
• Ports, bridges, roads, and highways
• Research institutions and facilities
• Offshore universities

 

Option 1

• Applicant alone: USD$3,500,000 (minimum investment)
• An additional, non-refundable administration fee of USD$50,000 will apply.

 

Option 2 

• More than 1 applicant (joint venture): USD$6,000,000 (minimum investment)
• Each applicant must contribute at least USD$1,000,000
• An additional, non-refundable administration fee of USD$50,000 will apply.

 

Administrative Fees for Dependents

• Each qualifying dependent (18 years of age and over): USD$35, 000 
• Each qualifying dependent (under 18 years of age): USD$25,000

 

Why Choose TWA?

We highly recommend interested applicants use representatives or agents to apply for the Citizenship by Investment Program.

These professionals have expertise and knowledge in the application process, ensuring that applicants meet all requirements and submit accurate applications. They can help streamline the process, provide access to networks, and facilitate communication with relevant authorities. Agents also offer support during the due diligence process, ensuring compliance with legal regulations. Moreover, they can bridge language and cultural gaps for applicants unfamiliar with the country’s official language or culture. 

However, it’s crucial to choose reputable professionals authorized by the government to ensure a successful and smooth application process.