Citizenship by Investment in Saint Lucia

CITIZENSHIP BY INVESTMENT IN SAINT LUCIA

Saint Lucia is the newest and arguably the best-positioned citizenship by investment program in the Caribbean. Vibrant, discerning and alluring, Saint Lucia offers all the tropical benefits of the region while being exclusive, authentic, and engaging.

WHY CHOOSE SAINT LUCIA?

Saint Lucia has inherited decades of experience from its Caribbean neighbors. By hand-picking only the best practices, the Citizenship by Investment Board is committed to making the program the most efficient for investors, while providing unmatched benefits for the country and its people.

Saint Lucia recognizes dual citizenship, which can give an advantage on business expansion and tax relief among other benefits:

Fast processing within 3 months with the inclusion of dependent children below 25 years of age
Inclusion of dependent parents above 65 who are currently residing with the applicant
Inclusion of mentally or physically challenged dependent children and/or parents
No physical residency requirements
No requirement to travel to St Lucia during the application process
No interview, education or managerial experience required
Visa-free travel to more than 100 countries including the Schengen Zone (28 EU countries), UK and Hong Kong
No tax on worldwide income.

QUALIFICATIONS

Saint Lucia Citizenship-by-Investment Program was established in 2015 under the regulations of the Citizenship by Investment Bill 2015 making it the most recent addition to the Citizenship by Investment Programs (CIP) in the Caribbean region.

Saint Lucia has masterfully positioned its program for the global elite by limiting the applications and by raising the overall net-worth requirement. To qualify for citizenship in Saint Lucia, applicants need to fulfill one of the investment requirements, in addition to the following criteria:

Be of outstanding character
Hold no criminal record
Have excellent health.

INVESTMENT OPTIONS

1. National Economic Fund Contribution

High net worth individuals may choose to make a monetary contribution to the NEF organization via one of the prescribed contribution levels as follows:

Applicant applying alone US$100,000
Applicant applying with spouse US$165,000
Applicant applying with spouse and up to two other qualifying dependents US$190,000
Each additional qualifying dependent at any age US$25,000

2. Real Estate Investment

The purchased property must be minimum US$ 300,000 in a pre-approved real estate development area. The property must be owned and maintained for a minimum of 5 years. Property registration, processing fees and taxes must be paid in addition to the property purchase.

3. Enterprise Project Investment

An applicant must invest a minimum of US$ 3,5M in an approved enterprise project and create at least 3 jobs. Two applicants can share an investment of US$ 6M and create 6 jobs to qualify. Approved enterprise projects must fall under one of the following categories: Specialty Restaurants, Cruise ports and marinas, Agro-processing plants, Pharmaceutical products, Ports, bridges, roads and highways, Research institutions and facilities, or Offshore universities.

4. Government Bonds

Upon approval, an applicant and accompanying family may opt to invest in Saint Lucia government bonds, which must be held for 5 years. The bond amount will vary depending on the size of the family as follows:

US$ 500,000: Single Applicant
US$ 535,000: Main Applicant and spouse
US$ 550,000: Family with up to 3 dependents (spouse + 2 children)
US$ 25,000: Per additional dependent

Non-refundable administration fee of USD $50,000

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