St. Lucia Citizenship by Investment
St Lucia offers quickest citizenship to foreign investors. Secure Second Passport Through Business and Real Estate Investment
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St. Lucia Citizenship
St. Lucia is a member of the Commonwealth and CARICOM and has excellent air links to Europe and North America. The St. Lucia Citizenship by Investment (CBI) program offers investors a unique opportunity to obtain citizenship by making a financial contribution to the country. It is regulated by the Citizenship by Investment Act No. 14 of 2015. § 33 of this act established the Saint Lucia National Economic Fund (NEF). This government-approved initiative allows for investments in the National Economic Fund or real estate development projects. St. Lucia’s CBI program provides global mobility benefits, including visa-free access to 140+ countries, without requiring physical residency. The program is renowned for its straightforward application process, making it an attractive option for investors seeking dual citizenship and international access.
St. Lucia Overview
St. Lucia is an Eastern Caribbean island nestled between countries like St. Vincent, Barbados, and Martinique. St. Lucia takes up roughly 616 square kilometres, with two beautiful volcanoes, quiet beaches, and a socially active city where people come together.
St. Lucia’s began offering CBI programs in 2015, and since then, they have continued to get attention as they provide one of the most cost-friendly CBI programs. In 1979, St. Lucia became independent from the U.K. While St. Lucia became independent, they are still part of the British Commonwealth. These connections give the island solid international relationships and present import and export opportunities.
Investment
Minimum investment of USD 100,000
Processing Time
Processing time of two to three months.
Key Benefit
Visa free travel to over 150 countries
St. Lucia Citizenship By Investment Requirements
St. Lucia has 4 investment pathways for getting a passport. To qualify for St. Lucia’s Citizenship by Investment (CBI) program, applicants must meet the following criteria:
- Investment Options: Choose between a non-refundable contribution to the National Economic Fund (minimum USD 100,000) or invest in approved real estate (starting at USD 300,000).
- Age: Applicants must be at least 18 years old.
- Clean Criminal Record: No criminal history.
- Good Health: Applicants must pass a health screening.
- Dependents: Spouses, children, and parents can be included with additional investments.
- You have to be at least 18 years old.
- Proof of “good character” can be proven through references from your peers or employer and being financially responsible, with bank statements to prove it.
- You must have no criminal record.
- You should be in good health.
- Your presence doesn’t threaten the local community or are a security risk.
- This option is a one-time, non-refundable donation to St. Lucia’s NDF. It is one of the most affordable options for citizenship by investment within the industry right now.
- Single applicants can contribute a minimum donation of $100,000 before fees.
- The real estate investment would require purchasing a property in St. Lucia. It could be any property just as long as it is on the pre-approved list made by the St. Lucian government.
- Your minimum investment option will be $300,000. Plus any additional fees.
- You must hold onto the property for at least 5 years.
- The additional fees are higher for real estate than for a donation.
- The government bond investment program was created in 2021 to help with Covid-19 relief. The bonds would be non-interest-bearing bonds that the investor would have to hold onto for 5 years.
- The minimum government bond investment is $250,000 plus additional fees, but unlike the other programs, the minimum couple’s price is the same as a single applicant.
- The bond investment sets a claim that your return will be much higher than having excess cash sit in an interest account.
- Lucian government would have to approve your project to come and develop a business.
- The Enterprise project requires a minimum investment of $3,500,000 for a single applicant. If you plan to work with partners, your minimum investment rises to $6,000,000, but with more people, you can split it evenly, making it cheaper than the single-applicant route.
- Previous projects have created the following businesses and structures: Restaurants, marinas, agro-processing plants, pharmaceutical products, bridges, roads and highways, research institutions and facilities, and offshore universities.
Get full guide about the process
Benefits of the St. Lucia Citizenship by Investment Program
Holding a St. Lucia passport through the Citizenship by Investment program offers several significant advantages:
- Visa-Free Travel: Access to over 140 countries, including the Schengen Area, the UK, and Hong Kong.
- No Residency Requirement: No need to live in St. Lucia to maintain citizenship.
- Dual Citizenship: St. Lucia allows dual citizenship, providing flexibility.
- Tax Benefits: No wealth, gift, inheritance, or capital gains tax, making it tax-friendly for investors.
The official name is St. Lucia. The country was also formerly known as Louanalao.
The official language is English, but French Creole is spoken by 95% of the population and is officially acknowledged.
The main religion of St. Lucia is Roman Catholicism.
Tourism is a significant contributor to the economy, as well as exports of fruits being the most popular consumable export.
Capital: Castries
Currency: East Caribbean Dollar
Exchange Rate: 1 USD = 2.70 XCD
Population: 180,251
Government Type: Parliamentary System, Constitutional Monarchy
Languages: English, French Creole
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St. Lucia Citizenship Investment Program FAQs
The Citizenship by Investment Act No. 14 of 2015 and the Citizenship by Investment Saint Lucia Regulations No. 89 of 2015 with their respective amendments, allows an eligible person to acquire citizenship of Saint Lucia pursuant to a successful application and upon the payment of a qualifying investment and signing the Oath of Allegiance.
Investors can contribute a minimum of USD 100,000 to the National Economic Fund or invest at least USD 300,000 in real estate.
Benefits include visa-free travel to 140+ countries, no residency requirements, tax advantages, and dual citizenshi
A person who, as head of a family, undertakes an investment for the purpose of acquiring citizenship of Saint Lucia and signs the relevant agreements and undertakings on behalf of his or her dependent.
The minimum investment starts at USD 100,000 for the National Economic Fund.
- a spouse of the applicant;
- a child of the applicant or of his or her spouse who is twenty-one years of age or below;
- a child of the applicant or of his or her spouse who is no more than thirty years of age and who is fully supported by the applicant;
- a child of the applicant or of his or her spouse, of any age, who is physically or mentally challenged and who is fully supported by the applicant;
- a parent of the applicant or of his or her spouse who is above fifty-five years of age and who is fully supported by the applicant;
- a parent of any age who is physically or mentally challenged and who is fully supported by the applicant;
- an unmarried sister or brother of the applicant who is below eighteen years of age and who has received the consent of his or her parent or guardian to make an application for citizenship by investment.
The process typically takes between 3 to 4 months from submission to approval.
Applicants need identity documents, proof of funds, police clearance, and medical reports.
In a case where your child does not fall within the criteria of ‘qualifying dependent’, he/she would need to apply as a separate ‘principal applicant’-if they are 18 years of age or older.
Yes, spouses, children, and dependent parents can be added to the application with additional fees.
An Authorised Agent is licensed by the Citizenship by Investment Board and is authorised to act on behalf of the applicant in relation to an application.
