Countries

SAINT LUCIA

Citizenship by Investment
A Brief Overview

The mountainous Caribbean island of Saint Lucia is a popular tourist destination boasting its own volcano. One of the Windward Islands, it is located in the Lesser Antilles region. The first European settlers, the French, named it after the Syracuse Saint Lucy.

 

Saint Lucia is a member of the British Commonwealth as well as the UN, the Organization of Eastern Caribbean States (OECS) and the Caribbean Community (CARICOM). These affiliations afford its citizens visa-free travel to 125 countries, from Singapore to the UK and all the member states of the Schengen Area.

 

Have questions? Prefer to talk face-to-face? Our advisors can arrange to meet you in one of five countries. Contact us for more information

 

The island state’s Citizen-by-Investment Program, launched in 2015 under the Citizen-by-Investment Act (No 14) and governed by the Citizenship-by-Investment Regulations (No 89), has strict due-diligence checks as part of its application process. Successful applicants and their families receive full citizenship. The main applicant must be 18 years and older.

 

Dependents include children aged 18–25 years who are full-time students enrolled at a recognized tertiary institution and fully financially supported by the main applicant; the parents of the main applicant or spouse if aged 65 years and older, living with and fully financially supported by the main applicant; and children or parents of the main applicant or spouse who are physically/mentally challenged and fully financially supported by the main applicant.

Benefits of Saint Lucia Citizenship
Investment Options
  • You will enjoy visa-free travel to 125 countries, from Hong Kong and Singapore to the UK and member states of the Schengen Area

 

  • No residential or visitation requirements

 

  • No personal tax on non-residents

 

  • Saint Lucia recognizes dual citizenship

 

  • As a citizen of a Commonwealth member country, you will enjoy privileges in the UK and other member states

 

  • You have a wide range of investment options to choose from

Applicants may choose between four investment options:

 

  • Buying real estate to the value of at least USD 300 000, with a minimum holding period of five years

 

  • Making a (non-refundable) contribution to the National Economic Fund (NEF) of no less than USD 100 000 per single applicant

 

  • Investing at least USD 3.5 million in a government-approved enterprise project, creating at least three permanent jobs

 

  • Investing in government bonds (non-interest bearing), with a holding period of at least five years
The Process

The Program is administered by the Citizenship-by-Investment Unit (CIU), which also processes applications, undertaking stringent due-diligence checks as part of its examination.

 

The process typically takes three to four months from submission of the application.

 

The application comprises the following steps:

  • Collation of application, including completion of government application forms and supporting documents
  • Submission of the application to the CIU. Payment of due-diligence and processing fees
  • It may take up to 90 days to receive the government’s decision and acknowledgement of application
  • Successful applicants complete the requirements of the Program as set out below within two months of granting approval
  • Qualifying investment to be made by the main applicant
  • Taking of the Oath of Allegiance can be taken in front of a Notary Public, Notary Royal or Attorney at Law
  • Issuing of a certificate of registration, after which passports may be issued
Investment Summary
OptionMinimum Investment
Real estate investmentUSD 300 000
Enterprise projectUSD 3.5 million
Government fees
Main applicant USD 50 000
SpouseUSD 35 000
Dependent aged 0–17 yearsUSD 25 000
Dependent aged 18 and olderUSD 35 000
Government contribution (non-refundable) to NEF
Main applicant USD 100 000
Main applicant and spouseUSD 165 000
Main applicant, spouse and up to 2 dependentsUSD 190 000
Each additional dependentUSD 25 000

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