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Saint Lucia


Minimum USD 200,000

OVERVIEW

 

The Saint Lucia Citizenship by Investment Program is the newest program in the Caribbean established in 2015 yet one of the strongest passports within the fast track citizenship programs. Applicants obtain an irrevocable citizenship and passport without having to reside in the country or renounce their current nationality.

 

iconProcessing time - 3-4 months

 

iconVisa free travel - Instant visa-free travel to 146 countries, including the Schengen countries, United Kingdom, Singapore and Hong Kong

 

iconInvestment type - Contribution to St. Lucia’s Government Fund or Real Estate Investment or Government Bonds

 

iconInvestment cost - Contribution to St. Lucia’s National Economic Fund (USD 100,000 for a single applicant) or Real Estate Option (USD 200,000) or Government Bonds (USD 300,000)

 

iconFamily dependents - Spouse, Children up to 30 years old, elderly Parents over the age of 55 years and siblings under 18 years

 

iconPassport validity - Five (5) Years

 

 

 

COUNTRY INFO

 

Saint Lucia is a volcanic island located in the Caribbean in the Atlantic Ocean. Its coast is home to volcanic beaches, reef-diving sites, luxury resorts and fishing villages with tropical climate all year round, it is a perfect getaway destination. Although 95 percent of the country’s population speak Creole French, the official language in St. Lucia is English. The country is a member of the British Commonwealth and the United Nations and the legal system in Saint Lucia is well-respected and based on English law.

 

 CAPITAL  Castries
 POPULATION  164,464
 LANGUAGE  English (official), French patois
 CURRENCY  East Caribbean dollars (XCD)
 EXCHANGE RATE  1 USD = 2.7 XCD
 GOVERNMENT   TYPE  Parliamentary democracy (Parliament) under a constitutional   monarchy and Commonwealth realm

 

 

BENEFITS

 

 

 

SIMPLE PROCESS

 

 

 

SIMPLE PROCESS

 

The investment is payable only after the citizenship approval, not before

No need to renounce your current citizenship(s)

No notification to your home country on your new citizenship

No physical residency requirements, you are entitled to apply instantly

No interview, language test, education or management experience required

 

 

 

GLOBAL MOBILITY

 

 

 

GLOBAL MOBILITY

 

 

St Lucia passport grants you a Visa-free travel to 146 countries including the Schengen area countries, the United Kingdom, and most British Commonwealth member countries.

Allowed to stay in United Kingdom for 6 months at a time

Reputable second passport easy to obtain visas when required

The right to take up residence in Saint Lucia and in most of the CARICOM member countries at any time and for any length of time.

 

 

 

WEALTH PROTECTION

 

 

 

WEALTH PROTECTION

 

 

No taxes on capital gains, gift, wealth and inheritance; No taxes for non-residents

Ability to open bank accounts in reliable banking institutions worldwide with St Lucia passport

Duty-Free trading in the Caribbean

No restriction on the repatriation of profits and imported capital

Generous incentive packages including corporate tax incentives, full exemption from import duties, tax relief benefits and export allowance

 

 

 

 

COSTS

 

 

 

To be eligible for citizenship of St. Lucia under its Citizenship by Investment Program, there are three options to choose from.

 

 

 

1. DONATION TO THE GOVERNMENT NATIONAL ECONOMIC FUND (NEF)

 

Non-refundable financial contribution to a Government fund. The cost varies depending on the number of applicants and their ages.

 

Single Applicant - USD 100,000

 

Main Applicant and Spouse - USD 140,000

 

Main Applicant, Spouse and 2 qualifying dependents below 18 years - USD 150,000

 

Each qualifying dependent in addition to family of 4 - USD 15,000

 

Each additional qualifying dependent, of any age - USD 25,000

 

*The administrative fees payable upon the grant of citizenship are non-refundable. 

 

 

 

2. REAL ESTATE INVESTMENT

 

Saint Lucia has huge appeal for visitors and tourists and is proud of its wide range of real estate options. The Citizenship Investment Programme is an option for investors wishing to make an investment into an approved real estate projects under the following categories: 1) high-end branded hotels and resorts 2) high-end boutique properties. The investor will own title deed to the property.

 

Minimum Investment (There are some legal costs associated to the real estate purchase ranging from 1-5% of the property value, depending on the property type) - USD 200,000

 

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

 

*The administrative fees payable upon the grant of citizenship are non-refundable. 

 

 

 

3. NATIONAL ACTION BOND

 

Applications for citizenship of Saint Lucia can be made through an investment in the National Action Government Bonds (“NAB”). The bonds are non-interest bearing, and must be registered and remain in the name of the applicant for a five-year holding period from the date of first issue.

 

Applicant applying with any number of dependents - USD 300,000

 

An additional, non-refundable administration fee is applicable - USD 50,000

 

*The administrative fees payable upon the grant of citizenship are non-refundable.

 

 

 

DUE DILIGENCE & BACKGROUND CHECKS

 

Compulsory background checks are payable to the Government who appoints a preferred due diligence agency. These agencies use various international and local sources such as Interpol, World-Check and other Government agencies. These fees are payable upon the submission of the application.

 

Main Applicant - USD 7,500

 

Spouse - USD 5,000

 

Dependents aged 16 years to 30 years and Parents above 55 years - USD 5,000

 

Citizenship Invest professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A detailed quotation with no hidden costs is provided for the specific case.

 

 

REQUIRED DOCUMENTS

 

Citizenship Invest appoints a Document Collection Specialist for each case. The firm offers a bespoke service that simplifies the application process, requesting from clients the bear minimum. Our job is to simplify the document collection as much as possible and when required we obtain the documents for the client without their involvement. Please note the below list is to be used as a guideline only, after assessing the particular case Citizenship Invest prepares a personalized checklist.

 

Documents required from each applicant including children:
•Photograph and Signature Certificate SL6
•Original excerpt of full birth record or certified copy of full birth certificate with MOFA attestation (i.e. a birth document that also includes your parent’s details, or a household register, family book etc.).
•Certified copy of all military service and discharge documents, if applicable (male applicant 18 years and above)
•Eight (8) Original passport-size photos
•Certified copy of National ID
•Certified copy of all passports held (full pages)
•Proof of residential address (original utility bill / copy of bank statement)
•Certified copy of university/college diplomas
•Original Police Record from country of birth, country of citizenship, country of residence (if different), and any country in which the applicant has resided for at least one (1) year in the past ten (10) years, for each applicant sixteen (16) years and over.
•Original Medical Certification Form SL8
•Certified copy of Medical Examiner’s Professional Certificate or License
•Oath of Allegiance Form

 

Documents required only from the main applicant:
• One original bank reference letter issued by an internationally recognized bank, not older than 6 months.
• One original professional reference (e.g. from an attorney, notary public, chartered accountant or other professional of similar standing), not older than 6 months.
• One original Employment letter
• Original excerpt of marriage record or certified copy of marriage certificates with MOFA attestation (if applicable).
• Certified copy of divorce documents with MOFA attestation (if applicable)

*For a personalized document checklist please contact us.