Saint Lucia Citizenship by Investment
Saint Lucia is an island country in the Caribbean region which is located in the North America. Castries is the capital of Saint Lucia and this island country is famous for its volcanic beaches, fishing villages and reef diving sites. The Citizenship by Investment program of Saint Lucia was launched recently in 2016 through which senior managers, businessmen, high-net-worth individuals and their families can get the Citizenship of Saint Lucia by either donating to the government, investing in an approved real estate project, investing in an enterprise project or by buying government bonds. The holder of Saint Lucia passport can enjoy visa free or visa on arrival travel to over 146 countries including United Kingdom (UK), Hong Kong, European Union member countries and Schengen Zone member countries etc.
Processing Time: 3 to 6 months
Benefits of Citizenship of Saint Lucia
The benefits of Saint Lucia's Citizenship are mentioned below:
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Travel freedom with visa free or visa on arrival travel to over 146 countries
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Citizenship can be passed on to future generations
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Can live, study and work in Saint Lucia without any restriction
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Only country in the Caribbean to offer an investment opportunity in enterprise projects in order to acquire citizenship
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Only country in the Caribbean to offer an opportunity of buying government bonds in order to acquire citizenship
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Can hold dual citizenship without any restriction
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No travel or residency requirement before and after getting the citizenship
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Taxes are not applicable on non-residents
Basic Requirements for acquiring a Citizenship of Saint Lucia
Requirements which an applicant needs to fulfill in order to get a Citizenship of Saint Lucia are mentioned below:
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should be at least 18 years of age
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should be of good character and have no criminal record
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should undergo the due diligence checks and get a positive outcome
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must have a high personal net worth
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must be able to verify the sources of investment
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should have good health
An applicant
There are four options by which an individual can acquire a Citizenship of Saint Lucia. First one is by donating to the government of Saint Lucia through National Economic Fund (NEF), the second one is by investing in the real estate, the third one is by investing in the enterprise projects and the fourth one is by buying the government bonds.
National Economic Fund (NEF)
Through this option an applicant can acquire a Citizenship of Saint Lucia by donating US $ 100,000 to the government of Saint Lucia.
Donation and Fees Requirements of Saint Lucia's Citizenship
Mentioned below is the table highlighting the donation amount, due diligence and processing fee required for Saint Lucia's Citizenship through National Economic Fund (NEF) option.
Donation (Non-Refundable) and Fees Requirement | ||||
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Single Applicant | Main Applicant + Spouse | Family of 4 persons | Family over 4 persons | |
Donation Amount | US $ 100,000 | US $ 140,000 | US $ 150,000 |
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Due Diligence Fee | US $ 7,500 |
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Processing Fee | US $ 2,000 |
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Real Estate Investment
Through this option an applicant can acquire a Citizenship of Saint Lucia by purchasing government approved real estate of at least US $ 300,000.
Investment and Fees Requirements of Saint Lucia's Citizenship
Mentioned below is the table highlighting the investment amount, government, due diligence and processing fee required for Saint Lucia's Citizenship through Real Estate Investment option.
Real Estate Investment and Fees Requirement | ||||
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Single Applicant | Main Applicant + Spouse | Family of 4 persons | Family over 4 persons | |
Investment Amount | US $ 300,000 | US $ 300,000 | US $ 300,000 | US $ 300,000 |
Non Refundable Administrative Fee | US $ 30,000 |
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Due Diligence Fee | US $ 7,500 |
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Processing Fee | US $ 2,000 |
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Enterprise Project Investment
Through this option an applicant can acquire a Citizenship of Saint Lucia by investing in a government approved enterprise project of at least US $ 3,500,000 as a sole applicant or of at least US $ 1,000,000 as in a joint venture totaling a minimum of at least US $ 6,000,000.
Investment and Fees Requirements of Saint Lucia's Citizenship
Mentioned below is the table highlighting the investment amount, administrative, due diligence and processing fee required for Saint Lucia's Citizenship through Enterprise Project Investment option.
Enterprise Project Investment and Fees Requirement | ||||
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Single Applicant | Main Applicant + Spouse | Family of 4 persons | Family over 4 persons | |
Investment Amount | US $ 1,000,000 as a joint venture or US $ 3,500,000 otherwise | US $ 1,000,000 as a joint venture or US $ 3,500,000 otherwise | US $ 1,000,000 as a joint venture or US $ 3,500,000 otherwise | US $ 1,000,000 as a joint venture or US $ 3,500,000 otherwise |
Non Refundable Administrative Fee | US $ 50,000 |
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Due Diligence Fee | US $ 7,500 |
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Processing Fee | US $ 2,000 |
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Buying Government Bonds
Through this option an applicant can acquire a Citizenship of Saint Lucia by purchasing non-interest government bonds of at least US $ 500,000. These bonds should be held by the applicant for a time period of 5 years after getting the Citizenship of St. Lucia.
Investment and Fees Requirements of Saint Lucia's Citizenship
Mentioned below is the table highlighting the investment amount required for Saint Lucia's Citizenship through Government Bonds option.
Government Bonds Investment and Fees Requirement | ||||
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Single Applicant | Main Applicant + Spouse | Family of 4 persons | Family over 4 persons | |
Investment Amount | US $ 500,000 | US $ 535,000 | US $ 550,000 |
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Due Diligence Fee | US $ 7,500 |
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Processing Fee | US $ 2,000 |
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Administrative Fee - Only for Government Bonds Option | US $ 50,000 |
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Buying Covid - 19 Relief Bonds
Through this option an applicant can acquire a Citizenship of Saint Lucia by purchasing non-interest covid - 19 relief bonds of at least US $ 250,000. These bonds should be held by the applicant for a time period of at least 5 years after getting the Citizenship of Saint Lucia. This option is available until 31st December, 2020
Investment and Fees Requirements of Saint Lucia's Citizenship
Mentioned below is the table highlighting the investment amount required for Saint Lucia's Citizenship through Covid - 19 Relief Bonds option.
Covid - 19 Relief Bonds Investment and Fees Requirement | ||||
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Single Applicant | Main Applicant + Spouse | Family of 4 persons | Family over 4 persons | |
Investment Amount | US $ 250,000 | US $ 250,000 for 6 years holding period or US $ 300,000 for 5 years holding period | US $ 250,000 for 7 years holding period or US $ 300,000 for 5 years holding period |
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Due Diligence Fee | US $ 7,500 |
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Processing Fee | NA | NA | NA | NA |
Administrative Fee - Only for Covid - 19 Relief Bonds Option | US $ 30,000 |
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Other Fees | |
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Passport Issuance | US $ 500 |
TALK TO WANDERER'S CITIZENSHIP EXPERT
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WANDERER'S TEAM