SAINT LUCIA
Information about the Saint Lucia citizenship by investment program, application requirements, and investment options.
WHY SAINT LUCIA?
Saint Lucia has drawn inspiration from the long-standing experience of its Caribbean neighbors. The Citizenship by Investment Board has strived to make this program the most effective citizenship option for investors, while also ensuring investors receive a wide range of benefits. The Saint Lucia Citizenship by Investment Program was established in 2015 under the Citizenship by Investment Act, making it the latest addition to other island investment programs (CIPs) in the Caribbean.
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Your application will be processed quickly within 3 months.
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Your children under 25 years of age for whom you are responsible are included in the application process.
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Your parents over 65 years of age for whom you are responsible are included in the application process.
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There is no requirement to actually reside in the country.
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You are not required to come to Saint Lucia during the application process.
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The applicant's mentally and physically disabled children for whom they are responsible are included.
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No oral interview is conducted, and no education or management experience is required.
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You can travel to over 130 countries, including the European Schengen Area, the UK, and Hong Kong, without needing a visa.
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You do not pay taxes on income earned in other countries.
REQUIRED CONDITIONS
To become a citizen of Saint Lucia, applicants must meet one of the investment requirements outlined in the "Investment Options" section, in addition to the following criteria:
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Having a net worth of at least USD 3 million,
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Possessing a distinguished character,
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Having no criminal record,
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Being in excellent health.
INVESTMENT OPTIONS
1. National Economic Fund Contribution
High-net-worth individuals may choose one of the following contribution levels to the NEF Organization:
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Principal applicant: $100,000
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Principal applicant and spouse: $165,000
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Family of 4: $190,000
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Additional dependent: $25,000.
2. Real Estate Investment
The purchased real estate must be worth a minimum of $300,000 and located in pre-approved development areas. The purchased real estate must be held and retained for at least 5 years. In addition to the cost of the real estate, relevant registration and transaction fees and taxes must also be paid.
3. Government Bonds
After obtaining the necessary approval, the applicant and their family may invest in Saint Lucia government bonds. The bonds must be held for 5 years. The amount of government bonds may vary depending on the number of family members, as indicated below.
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Primary Applicant: $500,000
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Principal Applicant and Spouse: $535,000
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Family of 4: $550,000
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Additional Dependent Individual: $25,000
4. Commercial Investment
The applicant may make an approved commercial investment with a minimum capital of $3,500,000 that will create at least 3 jobs. It is possible for up to 6 eligible applicants to make a group investment with a total capital of $6,000,000, with each contributing a minimum of $1,000,000. The group must jointly create 6 jobs. Approved Commercial Investment Projects must fall into one of the following categories:
Gourmet restaurants, ports and marinas for cruise ships, agricultural processing plants, pharmaceutical products, ports, bridges, roads and intercity highways, research institutes and facilities or overseas universities
ADDITIONAL CHARGES
For both investment options, additional fees that vary depending on family size must also be paid. The government may periodically change these fees. Please contact us for current rates.
Country Information
Guadeloupe lies to the north, and Martinique Island to the south.
Capital city
Castries
Official Language
English
Currency
Eastern Caribbean Dollar (XCD)
Time Difference
UTC-4
Area
617 km2
Population
183,600
Visa-free travel
171
GDP (Per Capita)
5,950 USD
Form of Government
Unitary Parliamentary Republic
