St. Lucia
Citizenship By Investment
Overview
Saint Lucia is offering economic citizenship to foreigners, investing in the country under certain criteria, since 2015.
Investors of good character and repute can opt to contribute to the development of St. Lucia and in return they are given the opportunity to apply for St. Lucia citizenship and passport. The process is very straight forward and transparent. Application processing generally takes around 4 to 6 months. Applicants are not required to have any managerial experience or language skills.
Family members of the investor, including spouse, children under the age of 25 and parents above the age of 65, can be included, as dependents. A new-born can be added.
Applicants do not need to travel to the country during the application process and no residency is required from them.
Obtaining a second passport through St. Lucia’s CIP program is beneficial, as it grants its holder visa-free access to 146 jurisdictions.
St. Lucia allows dual citizenship. Economic citizens have the same rights as local citizens. St. Lucia has a very favourable taxation system with no capital gains, no worldwide income or inheritance taxes.
Obtaining a second nationality, the benefits are endless. Having a second passport is crucial. It is no longer just a second travel document or for hassle free traveling but more or your “plan B”.
Saint Lucia’s Citizenship by Investment Program (CIP) allows individuals to acquire citizenship in Saint Lucia by making a qualifying investment in the country.
Saint Lucia CIP offered several investment options, including:
1
National Economic Fund (NEF): Applicants can make a non-refundable contribution to the NEF, which is used for various development projects in Saint Lucia.
2
Real Estate Investment: You can invest in approved real estate projects, which typically have a minimum investment requirement.
3
Government Bonds: Another option is to invest in government bonds, which must be held for a prescribed period.
4
Enterprise Project Investment: This option involves investing in an approved enterprise project that meets specific criteria.
5
Purchase of Government-Approved Securities: You can invest in various financial instruments approved by the government.
Getting Started
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