ST LUCIA


SAINT LUCIACITIZENSHIP BY INVESTMENT

GOVERNMENT AUTHORIZED FIRM

OVERVIEW

The Saint Lucia Citizenship by Investment Program is the newest program in the Caribbean established in 2015 yet one of the strongest passports within the fast track citizenship programs. Applicants obtain an irrevocable citizenship and passport without having to reside in the country or renounce their current nationality.

  • iconProcessing time

    3 – 4 months

  • iconVisa free travel

    Instant visa-free travel to 146 countries, including the Schengen countries, United Kingdom, Singapore and Hong Kong

  • iconInvestment type

    Contribution to St. Lucia’s Government Fund or Real Estate Investment or Government Bonds

  • iconInvestment cost

    Contribution to St. Lucia’s National Economic Fund (USD 100,000 for a single applicant) or Real Estate Option (USD 200,000) or Government Bonds (USD 300,000)

  • iconFamily dependents

    Spouse, Children up to 30 years old, elderly Parents over the age of 55 years and siblings under 18 years

  • iconPassport validity

    Five (5) Years

CITIZENSHIP LAW OR RESIDENCY LAW

COUNTRY INFO

Saint Lucia is a volcanic island located in the Caribbean in the Atlantic Ocean. Its coast is home to volcanic beaches, reef-diving sites, luxury resorts and fishing villages with tropical climate all year round, it is a perfect getaway destination. Although 95 percent of the country’s population speak Creole French, the official language in St. Lucia is English. The country is a member of the British Commonwealth and the United Nations and the legal system in Saint Lucia is well-respected and based on English law.

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CAPITAL

Castries

POPULATION

164,464

LANGUAGE

English (official), French patois

CURRENCY

East Caribbean dollars (XCD)

EXCHANGE RATE

1 USD = 2.7 XCD

GOVERNMENT TYPE

Parliamentary democracy (Parliament) under a constitutional monarchy and Commonwealth realm

BENEFITS

COSTS

To be eligible for citizenship of St. Lucia under its Citizenship by Investment Program, there are three options to choose from.

1. DONATION TO THE GOVERNMENT NATIONAL ECONOMIC FUND (NEF)

Non-refundable financial contribution to a Government fund. The cost varies depending on the number of applicants and their ages.

Single Applicant
USD 100,000
Main Applicant and Spouse
USD 140,000
Main Applicant, Spouse and 2 qualifying dependents below 18 years
USD 150,000
Each qualifying dependent in addition to family of 4
USD 15,000
Each additional qualifying dependent, of any age
USD 25,000

*The administrative fees payable upon the grant of citizenship are non-refundable.

2. REAL ESTATE INVESTMENT

Saint Lucia has huge appeal for visitors and tourists and is proud of its wide range of real estate options. The Citizenship Investment Programme is an option for investors wishing to make an investment into an approved real estate projects under the following categories: 1) high-end branded hotels and resorts 2) high-end boutique properties. The investor will own title deed to the property.

Minimum Investment (There are some legal costs associated to the real estate purchase ranging from 1-5% of the property value, depending on the property type)
USD 200,000
Applicant applying alone
USD 30,000
Applicant applying with spouse:
USD 45,000
Each qualifying dependent (18 years of age and over) :
USD 10,000
Each qualifying dependent (under 18 years of age):
USD 5,000
Applicant applying with spouse & more than four dependents:
USD 10,000

*The administrative fees payable upon the grant of citizenship are non-refundable.

3. NATIONAL ACTION BOND

 

Applications for citizenship of Saint Lucia can be made through an investment in the National Action Government Bonds (“NAB”). The bonds are non-interest bearing, and must be registered and remain in the name of the applicant for a five-year holding period from the date of first issue.

Applicant applying with any number of dependents
USD 300,000
An additional, non-refundable administration fee is applicable
USD 50,000

*The administrative fees payable upon the grant of citizenship are non-refundable.

DUE DILIGENCE & BACKGROUND CHECKS

Compulsory background checks are payable to the Government who appoints a preferred due diligence agency. These agencies use various international and local sources such as Interpol, World-Check and other Government agencies. These fees are payable upon the submission of the application.

Main Applicant
USD 7,500
Spouse
USD 5,000
Dependents aged 16 years to 30 years and Parents above 55 years
USD 5,000

Citizenship Invest professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A detailed quotation with no hidden costs is provided for the specific case.

REQUIRED DOCUMENTS

Citizenship Invest appoints a Document Collection Specialist for each case. The firm offers a bespoke service that simplifies the application process, requesting from clients the bear minimum. Our job is to simplify the document collection as much as possible and when required we obtain the documents for the client without their involvement. Please note the below list is to be used as a guideline only, after assessing the particular case Citizenship Invest prepares a personalized checklist.

TIMELINE

MONTH 1-2

CI will pre-screen your passport for government pre-approval. A down payment for professional fees is payable to start your application.

CI professional team will assist and advise you with the collection of the documents required by the Government. Once the file is ready for submission, Government Processing Fees, Due Diligence and CI submission invoice are payable. CI submits your application.

MONTH 3

Due Diligence report is issued to the Government. Based on the results, the Government makes a decision on your Citizenship application. Once approved you are invited to pay the donation or investment.

MONTH 4

Citizenship Certificates and passports are issued. The balance of CI professional fee is paid.

 

The estimated time to receive citizenship approval depends on the due diligence processing time and the specific case.

 

SAINT LUCIA VISA FREE COUNTRIES

* Visa on arrival

146COUNTRIES

AMERICAS
  • Argentina
    Belize
    Bermuda
    Bolivia *
    Chile
    Colombia
    Costa Rica
    Ecuador
    El Salvador
    French Guiana
    Guatemala
    Guyana
    Honduras
    Nicaragua
    Panama
    Peru
    Suriname
    Venezuela
AFRICA
  • Botswana
    Cape Verde Islands *
    Comores Islands *
    Egypt *
    Eswatini (Swaziland)
    Gambia
    Guinea-Bissau *
    Kenya
    Lesotho
    Madagascar *
    Malawi
    Mauritania *
    Mauritius
    Mayotte
    Mozambique *
    Reunion
    Rwanda *
    Senegal
    Seychelles *
    Sierra Leone *
    Somalia *
    St. Helena *
    Tanzania
    Togo *
    Tunisia
    Uganda *
    Zambia
    Zimbabwe
EUROPE
  • Andorra
    Austria
    Belgium
    Bosnia and Herzegovina
    Bulgaria
    Croatia
    Cyprus
    Czech Republic
    Denmark
    Estonia
    Faroe Islands
    Finland
    France
    Germany
    Gibraltar
    Greece
    Greenland
    Hungary
    Iceland
    Ireland
    Italy
    Kosovo
    Latvia
    Liechtenstein
    Lithuania
    Luxembourg
    Malta
    Moldova
    Monaco
    Montenegro
    Netherlands
    Norway
    Poland
    Portugal
    Romania
    San Marino
    Slovakia
    Slovenia
    Spain
    Sweden
    Switzerland
    United Kingdom
    Vatican City
ASIA
  • Bangladesh *
    Cambodia *
    Hong Kong (SAR China)
    Indonesia
    Laos *
    Macao (SAR China) *
    Malaysia
    Maldives *
    Nepal *
    Pakistan **
    Philippines
    Singapore
    South Korea
    Sri Lanka **
    Taiwan
    Timor-Leste *
    Uzbekistan
OCEANIA
  • Cook Islands
    Fiji
    French Polynesia
    Kiribati
    Micronesia
    New Caledonia
    Niue
    Palau Islands *
    Samoa *
    Solomon Islands *
    Tonga *
    Tuvalu *
    Vanuatu
E-VISA
  • Australia
    Bahrain
    Gabon
    Georgia
    India
    Turkey
CARIBBEAN
  • Anguilla
    Antigua and Barbuda
    Aruba
    Bahamas
    Barbados
    Bonaire; St. Eustatius and Saba
    British Virgin Islands
    Cayman Islands
    Cuba
    Curacao
    Dominica
    Dominican Republic
    French West Indies
    Grenada
    Haiti
    Jamaica
    Montserrat
    St. Kitts and Nevis
    St. Maarten
    St. Vincent and the Grenadines
    Trinidad and Tobago
    Turks and Caicos Islands

بدون دیدگاه

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