Saint Lucia

The Saint Lucia Citizenship by Investment Programme, introduced in 2016, represents a significant opportunity for investors seeking dual citizenship, enhanced global mobility, and an array of lifestyle benefits provided by the lush, vibrant island of Saint Lucia. Ranked third in the 2023 CBI Index, this programme distinguishes itself by offering a straightforward path to citizenship through financial investment, complemented by Saint Lucia’s rich cultural heritage and stunning natural beauty. Below is a comprehensive breakdown of the programme’s benefits, investment options, application process, and frequently asked questions, tailored to provide clarity and insight for potential applicants.

Citizenship Investment Program in Saint Lucia

Summary

MINIMUM INVESTMENT
US$100,000

DUAL CITIZENSHIP
OPTION AVAILABLE

PROCESSING TIME
90 DAYS

RESIDENCY REQUIREMENT

NONE

Benefits of Saint Lucia Citizenship

The Saint Lucia Citizenship by Investment Programme confers numerous advantages, ensuring a life of

  • Citizenship for Life: Grants the right to live, work, and enjoy civic entitlements in Saint Lucia indefinitely.
  • Dual Citizenship: Allows investors to retain their original nationality, offering flexibility and multiple benefits.
  • Inheritance of Citizenship: Enables the passing of citizenship rights to future generations, securing a legacy of opportunity.
  • Investment Options: Provides four avenues for investment, catering to different preferences and financial strategies.
  • Fair Tax Regime: Offers an attractive tax environment for investors.
  • Enhanced Global Mobility: A Saint Lucian passport grants visa-free or visa-on-arrival access to numerous countries worldwide.

Investment Options

Investors can choose from four distinct paths to contribute to Saint Lucia’s development and secure citizenship:

  1. The National Economic Fund (NEF)
  • Single applicant: $100,000
  • Main applicant and spouse: $140,000
  • Family of four: $150,000
  • Additional dependant: $15,000 each
  1. Pre-Approved Real Estate
  • Minimum investment: $200,000
  • Held for at least five years
  1. Enterprise Project
    • Independent investment: $3,500,000
    • Joint investment: $6,000,000 total
  1. National Action Bonds
  • Minimum investment: $300,000
  • Held for five years
Associated Fees

Fee Category Cost
Due Diligence Fees Main applicant: $8,000; Additional adult: $5,000
Processing Fees Main applicant: $2,000; Additional member: $1,000
Passport Fees Applicable per person

Saint Lucia Passport

Saint Lucian passports, valid for five years, are CARICOM passports that facilitate international travel. They are biometric documents, enhancing security and travel convenience.

Application Process

The path to citizenship involves several key steps, managed efficiently to ensure a smooth process for the applicant:

  1. Pre-Approval: Initial review by Chiltern Immigration Services (CIS) to ensure eligibility and document completeness.
  2. Application Submission: Submission of the application to the Citizenship by Investment Unit (CIU).
  3. Due Diligence Checks: Comprehensive background checks to verify the applicant’s credentials.
  4. Investment: Upon approval, the applicant makes the necessary investment.
  5. Citizenship Grant: Issuance of a citizenship certificate, formalizing the applicant’s new status.
  6. Passport Application: Application for a Saint Lucian passport, enabling global travel.

Frequently Asked Questions

  • Who can apply?

Individuals of good health and character, over 18 years, without a criminal record, and capable of making the required investment.

  • Family Inclusion?

Spouses, dependent children, parents over 55, and siblings under 18 can be included.

  • Due Diligence Process?

Involves KYC, AML, CTF checks, and a mandatory interview to ensure the integrity of applicants.

  • Restrictions?

Nationals from Russia, Belarus, and Iran face restrictions due to due diligence limitations.