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St. Lucia Citizenship by Investment Benefits

Citizenship by Investment

St. Lucia Citizenship by Investment Benefits

St. Lucia’s Citizenship by Investment program offers numerous benefits, making it an attractive option for those seeking a second passport. Here is a detailed look at the key advantages:

 a) Tax Benefits

St. Lucia offers a favorable tax regime with no taxes on wealth, inheritance, gift, or capital gains. This tax-friendly environment can be a significant advantage for individuals and businesses looking to optimize their financial management. Additionally, St. Lucia’s low corporate tax rate and various tax incentives make it an appealing jurisdiction for international investors.

b) Political Stability

St. Lucia enjoys a stable political environment, characterized by a democratic government and a robust legal system. This stability contributes to a secure investment climate and provides peace of mind for citizens. The country’s commitment to maintaining a stable political and economic environment enhances its attractiveness for global investors.

c) Education and Healthcare

St. Lucia provides access to high-quality education and healthcare services. The island’s educational institutions offer a range of programs that meet international standards, while its healthcare facilities provide comprehensive medical care. As a St. Lucian citizen, you and your family can benefit from these services, ensuring both your educational and health needs are well taken care of.

 d) Quality of Life

St. Lucia boasts a high quality of life with its beautiful natural landscapes, warm climate, and friendly communities. The island offers a relaxed lifestyle with various recreational activities, including pristine beaches, hiking trails, and water sports. The welcoming environment and strong community spirit make St. Lucia an ideal place for those seeking a serene and enjoyable living experience.

 e) Travel Freedom: St. Lucia Visa-Free Countries

A St. Lucian passport provides significant travel freedom. Citizens can access more than 140 countries without a visa, including key destinations in Europe, the Caribbean, and parts of Asia. This ease of travel facilitates business and leisure trips, making global mobility more convenient. 

For more details on visa requirements and the list of countries you can visit without a visa, check out the page: Saint Lucia Passport Visa-Free Countries List.  

 f) St. Lucia Passport Benefits: Easy US Visa

St. Lucia passport holders benefit from an easier application process for a U.S. visa. The strong relationship between St. Lucia and the United States simplifies the visa application process, making it more accessible for St. Lucian citizens to travel to the U.S. for business, tourism, or other purposes.

g) Validity & Renewal

The St. Lucian passport obtained through the CBI program is valid for 5 years, providing long-term benefits and security. Renewals are straightforward, ensuring that citizens can maintain their status with minimal hassle. 

h) Other Key Benefits

In addition to the advantages above, St. Lucia’s CBI program offers other benefits, including the ability to include family members in the application and the potential for significant returns on investments in local real estate or government bonds. The program is designed to be flexible and accommodating to the needs of investors, making it a highly appealing option for obtaining a second citizenship.

Why choose a St. Lucia passport?

The Saint Lucia passport ranked 35th globally in 2024, offers a range of benefits, including visa-free travel to numerous countries and tax advantages through its citizenship by investment program. It allows dual citizenship, letting you retain your original nationality or obtain another passport. Additionally, the biometric passport provides advanced security features, ensuring protection against identity theft and fraud.

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Processing Time

4-6 months

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Contribution

1000

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Visa-Free Travel Within

160+ countries

The Citizenship by Investment program of Antigua & Barbuda necessitates investors to make a contribution to the National Development Fund or engage in real estate projects or government-approved businesses. In exchange for their investment, they are granted citizenship and a passport.

$200,000

Real Estate Investment

Applicants for the Antigua & Barbuda citizenship by investment program have the option of making a joint investment in real estate through the purchase of shares in a company holding the asset. Two applications from related parties in the amount of a minimum of US$200,000 will be considered as qualifying investment.

$100,000

Contribution to NDF

The government has recently reduced the required contribution amount to only $100,000 USD (family of 4) and $125,000 USD (family of 5 or more).

Investment Options

Option 1: The National Economic Fund (Donation)

Make a non-refundable contribution to the National Economic Fund, with amounts varying by the number of dependents. Contributions start at US $240,000 for the main applicant with up to three dependents, and additional amounts are required for extra dependents and family members. Specific fees apply for newborns and spouses.

Option 2: Real Estate Investment

Invest a minimum of US $300,000 in a government-approved real estate project in Saint Lucia, holding the property for at least five years. Additional government fees are required based on the number of dependents. The property can only be resold under the Citizenship by Investment Program after five years.

Option 3: Government Bonds

Purchase government bonds for US $300,000, which must be held for a minimum of five years without earning interest. This investment satisfies the criteria for citizenship, and only the original purchase amount is recoverable.

How to Obtain St. Lucia Citizenship

a) Citizenship Application Process

  1. Collect, Translate, and Notarize some of the required documents.
  2. Prepare and Submit supporting documents and application forms.
  3. Choose an investment option from the qualified options.
  4. Pay non-refundable processing and due diligence fees.
  5. Submit the complete package, including the investment agreement, to the St. Lucia Citizenship by Investment Unit (CIU).
  6. Make the required investment upon receiving initial approval.
  7. Receive your Certificate of Naturalization.
  8. Receive your Saint Lucia passport.

b) Investment Requirements

To be eligible for investment, the applicant must:

  • Be at least 18 years old.
  • Hold no criminal record.
  • Prove the source of funds for the investment.
  • Undergo due diligence checks to gain approval.

 

c) Timeline and Costs

From approval application, obtaining St. Lucia citizenship typically takes 6 to 9 months. Costs involve government fees, due diligence fees, and the chosen investment, with expenses varying depending on your selected investment route.

Key Facts

Capital

Castries

Languages

English (official)

Currency

East Caribbean dollar (XCD), Tied to USD

Population

180 thousand (2024)

Quick Facts

Saint Lucia Passport:

Feature Details
Number of Pages 32
Validity 5 years
Color Dark Blue
Biometric Yes
Visa-Free Access 142 countries and territories
Passport Power Ranked 34th globally
Benefits Tax exemptions, investment opportunities, dual citizenship and more
Application Available through the Citizenship by Investment program
Design Features the St. Lucia parrot and coat of arms

Saint Lucia Citizenship by Investment Program Details:

Time to Citizenship 6-9 months
Visa-Free Travel 140+ countries
Passport Rank 35th in the world
Minimum Investment $230,000 USD
No Residency Requirements Yes
Citizenship Program Established 2013

Starting investment for St. Lucia Citizenship is $240,000

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    How Can Migrate World Assist You in Obtaining St. Lucia Citizenship?

    Migrate World team provides crucial support for clients pursuing Saint Lucia citizenship through the investment program. With our expert guidance and personalized solutions, we assist with documentation, investment choices, applications, due diligence, and post-approval steps, ensuring a smooth and successful process. Benefit from our expertise to minimize complexities and maximize your chances of a favorable outcome.

    Program Summary

    Learn more about the country and it's citizenship by investment.

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      Frequently Asked Questions

      Indeed, government bonds are often viewed as a secure and low-risk investment option. They necessitate a minimum investment of $300,000 and have a mandatory holding period of at least five years.

      Saint Lucian passports 76th worldwide as of October 2023, giving its holders visa-free travel access to more than 146 countries worldwide.

      The majority of Caribbean nations, including Jamaica, typically mandate that your passport remain valid for a minimum of six months beyond your intended departure date.

      Visa is unnecessary for this location for stays of up to six weeks. It's important to note that although a visa isn't a prerequisite, you should have a passport with a validity of at least six months beyond your planned departure date and a minimum of one blank visa page. Additionally, you must possess evidence of onward and return flights.

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