WHY CHOOSE ST. LUCIA CITIZENSHIP BY INVESTMENT?
Live the life you want with the St. Lucia economic citizenship. St. Lucia offers the newest Caribbean citizenship by investment program (CIP) established in 2015 with the following benefits:
ST. LUCIA CITIZENSHIP BY INVESTMENT
HOW TO OBTAIN SAINT LUCIA CITIZENSHIP THROUGH INVESTMENT
Saint Lucia offer one of the most cost-effective Citizenship by Investment programme offerings in the Caribbean. There are three main investment routes that applicants can apply through. The first is by contributing (donating) to Saint Lucia’s National Development Fund. The route requires a minimum donation of $240,000, plus fees. The second option is by investing in government approved real estate projects, from $300,000. The third route, is a five-year investment in Government Bonds. See below for more details on each route.
- Inclusion of dependent children under 25.
- Inclusion of dependent parents above 65 who are currently residing with the applicant.
- Inclusion of mentally or physically challenged dependent children and/or parents.
- No physical residency requirements.
- No travel requirement during the application process.
- No interview, education, or managerial experience required.
- Visa-free travel to more than 100 countries, including the Schengen Zone, the U.K., and Hong Kong.
- No tax on worldwide income.
NVESTMENT OPTIONS
The two routes to citizenship in St. Lucia are:
GOVERNMENT DONATION US$240,000 AND UP
Comes with lower upfront costs
REAL ESTATE PURCHASE US$300,000 AND UP
Your best medium-term choice for property rental and resell
ST. LUCIA CITIZENSHIP BY INVESTMENT REQUIREMENTS
In addition to making the necessary investment or donation there are several requirements that applicants must meet for Saint Lucia
FAMILY REQUIREMENTS
Family members can be included in the application for St Lucia citizenship. The main investor can include:
- Spouse
- Dependent Children
- Dependent parents over 55 years
- Siblings under 18 years old
DUE DILIGENCE REQUIREMENTS
All applicants will need to be of good character and undergo the St Lucia government’s due diligence formalities: Investors must provide
- Police Reports – evidence of a clean criminal record
- Have no outstanding visa refusals
- Various documentation, including financial documents, employment/ business documents, ID, proof of address
MINIMUM STAY REQUIREMENTS
One of the many attractions of gaining second citizenship in Saint Lucia is that the Citizenship by Investment programme does not have any minimum stay requirements. Citizens of St Lucia have the right to live, work or study in St Lucia, if they wish to, but this is not a pre-requisite of the programme. There is also no interview or language test required.
PROCEDURE FOR THE ST. LUCIA CITIZENSHIP BY INVESTMENT PROGRAM
The Citizenship by Investment Board, which provides oversight to a dedicated citizenship by investment unit (CIU), will consider an application for citizenship and its outcome may be to either grant, deny, or delay for cause. A citizenship by investment application will be submitted in electronic and printed form by Henley & Partners on behalf of the applicant. All applications must be completed in English.
All requisite supporting documents must be attached to an application before it can be processed by the CIU. All applications must be accompanied by the relevant nonrefundable processing and due diligence fees for the principal applicant, their spouse, and each qualifying dependent. Where an application has been approved in principle, the CIU will notify Henley & Partners that the qualifying funds and requisite government administration fees must be paid before the certificate of citizenship can be granted.
The main applicant must remit the required funds for the qualifying option within 90 calendar days after notice of approval of their application. A successful applicant shall sign the oath or affirmation of allegiance before an attorney-at-law, notary royal, or notary public. The minister may, by order, revoke a grant of citizenship in exceptional circumstances as may be deemed necessary.
APPLICATION
Compile application requirements and determine investment route.
SUBMISSION
Submit application for review
and due diligence.
DETERMINATION
Approval in principle or rejection, usually within 90 days.
CONCLUDE INVESTMENT
Balance of investment and
fees payable.
CITIZENSHIP GRANTED
Passport issued, usually
within 30 days.
ABOUT ST. LUCIA
Few coastlines have been photographed more than St. Lucia’s spectacular southwest corner. The Pitons – a pair of jagged volcanic peaks that planes must skirt around to touch down at the island’s international airport – are instantly recognizable. Hotels, like Cap Maison and Sugar Beach, have established St. Lucia as the most fantastic hotel location imaginable. And despite the island’s volcanic origins, the sand on its famous beaches is golden.
Tourism is vital to St. Lucia’s economy as with many Caribbean islands. In 2018, there was an 11% increase in arrivals, leading to the island receiving more than 1.1 million visitors – the highest growth among all Caribbean Tourism Organization (CTO) members.
- Capital – Castries
- Total Area – 617Km2
- Population – approx. 170,000
- Language – English
- Currency – Eastern Caribbean Dollar / US Dollar
ST. LUCIA CITIZENSHIP BY INVESTMENT FAQs
No language test is required to apply for Citizenship by Investment in Saint Lucia.
The main applicant can include the following family members:
- Spouse
- Children up to 21 years of age, of the main applicant or spouse
- Dependent children up to the age of 30 years old who are fully supported by the main applicant
- Dependent Children of any age who are physically or mentally challenged and fully supported by the main applicant
- Dependent parents of the main applicant or spouse who are above 55 years of age and fully supported by the main applicant
- Dependent Parents of any age who are physically or mentally challenged and fully supported by the main applicant
- Unmarried siblings of the main applicant below eighteen years of age (must have consent from their parent or guardian)
St. Lucia passport holders benefit from visa-free access to 158 countries and territories worldwide, according to the Global Invest Unique Passport Value Report for St. Lucia. This represents over a third of the world’s GDP and includes access to the EU Schengen Zone, the UK, Hong Kong, Singapore, and more.
Saint Lucia allow dual citizenship with all countries. It is worth checking with your current country if they also permit dual citizenship.
A variety of documents are required to apply for Citizenship by Investment in St Lucia. The list may vary depending on your personal circumstances. La Vida’s in-house processing team will work closely with you and advise on exactly what will be required. Some of the most common documents required are:
- Passports and ID cards
- Birth certificates
- Marriage certificates
- Police Reports
- Proof of Address
- Proof of Funds / Bank Statements
- Employment records
- Education records
BOOK A FREE CONSULTATION WITH OUR EXPERT ADVISORS TODAY!
ADDRESS
Riverside Building, County Hall, South Bank, London SE1 7PB, United Kingdom
info@gobalinvest.com