Saint Lucia has arguably the best-positioned and newest citizenship by investment program in the Caribbean. Discerning, alluring, vibrant, Saint Lucia offers you all the benefits of the region while remaining engaging, authentic and exclusive.
WHY CHOOSE SAINT LUCIA?
Saint Lucia has acquired decades of experience from its Caribbean neighboring countries. By hand-picking, only the best practices, the Citizenship by Investment Board is bound to making the program the most efficient for investors while affording unmatched benefits for the country and its people.
Saint Lucia accept dual citizenship, which can prove beneficial for tax relief and business expansion. Other privileges include the following:
- Fast processing within three months.
- Inclusion of applicant dependent children under 25.
- The inclusion of dependent parents above 65 who is currently residing with the applicant.
- The inclusion of mentally or physically or mentally challenged dependent children or parents.
- No physical residency requirements.
- Travel without any requirement during the application process.
- No interview, managerial experience or education
- Visa-free travel to above 100 countries, including the Schengen Zone, Hong Kong, and the U.K.
- No tax on worldwide income.
QUALIFICATIONS
The citizenship by investment program of Saint Lucia was established in 2015 under the regulation of citizenship by investment bill 2015, which makes Saint Lucia the most recent addition to the CIP programs in the Caribbean region.
Saint Lucia CIP has been positioned for the global elite by narrowing application numbers and increasing the overall net worth requirement. To be considered for citizenship in Saint Lucia, applicants must satisfy one of the investment requirements below in addition to the following criteria:
- Be of exceptional character.
- Hold no criminal record.
- Have excellent health
INVESTMENT OPTIONS
National Economic Fund Contribution
High net worth people may choose to make a monetary contribution to the NEF organization via one of the designated contribution levels.
- US$100,000: Single applicant.
- US$165,000: The main applicant with a spouse.
- US$190,000: Family with up to 3 dependents (spouse + 2 children).
- US$25,000: Each additional dependent.
Government Bond Investment
An applicant and accompanying family upon arrival may opt to invest in Saint Lucia government bonds that must be held for five years. The bond amount will differ depending on the family size.
- US$500,000: Single applicant.
- US$535,000: Main applicant and spouse.
- US$550,000: Family with up to 3 dependents (spouse + 2 children).
- US$25,000: Each additional dependent.
The government bond option carries an administration fee of US$50,000 per application.
Real Estate Investment
Applicants may acquire property valued at a minimum of US$300,000 in a preapproved real estate development area. The property must be owned and sustained for a minimum period of five years. Property registration, processing fees, and taxes must be paid in addition to the property purchase.
Enterprise Project Investment
An applicant can invest a minimum of US$3.5 million in an approved enterprise project and create at least three jobs. Two applicants may share investment of US$6 million and create six jobs to qualify. Recommended enterprise projects must fall under one of the following categories: specialty restaurants, cruise ports, and marinas, pharmaceutical products, agro-processing plants, ports, roads and highways, bridges, research institutions and facilities, or offshore universities.
The government have appointed Arton Capital which is an authorized marketing agent for the advertising of Saint Lucia’s Citizenship by Investment Program and is responsible for the following countries: Afghanistan, Saudi Arabia, Bahrain, Morocco, Bangladesh, Algeria, Lebanon, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Libya, Malta, Oman, Palestine (West Bank and Gaza), Pakistan, Qatar, Syria, Tunisia, and the United Arab Emirates.