About St. Lucia Citizenship Program
Candidates for the St. Lucia Citizenship by Investment Program must significantly increase the nation’s economic output. In exchange, the applicants and their family are given full citizenship, subject to a rigorous application process and background checks. The Citizenship by Investment Act No. 14 of 2015 governs the St. Lucia Citizenship by Investment Program. The St Lucia economic citizenship program is the newest and one of the most popular ways to obtain a second passport. You can acquire a Saint Lucia passport by investment by either investing in real estate, the National Economic Fund, into a government bond or enterprise.
A second passport can be obtained in the Eastern Caribbean region, which is made up of an archipelago of island governments, under the St. Lucia Citizenship Program. Castries, the capital of Saint Lucia, covers an area of 238 square miles (616 km 2). Saint Lucia citizenship by investment is highly sought after by investors worldwide. Saint Lucia is known for having a rich English and French background. St. Lucia offers highly beneficial citizenship chances with enhanced perks, with a variety of investment options and straightforward criteria. You can travel to more than 145 countries without a visa if you hold a second passport from Saint Lucia, including well-known destinations like Hong Kong and the UK.
St Lucia passport holders can spend up to six months a year visa – free in Europe and the UK . St Lucia’s second passport allows visa – free entry to 147 of the world’s approximately 200 countries.
St. Lucia Investment Options
The St. Lucia Citizenship by Investment Program seeks to attract investors and their qualifying dependents who have the option to make a government contribution, a real estate investment or purchase government bonds to the country to obtain citizenship and a passport within 3 to 6 months.
Add-on dependents of citizens who have acquired citizenship on January 1, 2016, and onwards also qualify if they had qualified at the time of the application of the citizen and if their applications are made no more than 5 years after the application of the citizen.
$100,000 Contribution to NEF: Saint Lucia National Economic Fund is a special fund established under Section 33 of the Citizenship by Investment Act to allow qualified investors to fund government sponsored projects.
$300,000 Real Estate Projects: Invest in real estate with a minimum value of $300,000 USD from a list of approved real estate projects. Funds are deposited in an approved irrevocable escrow account managed jointly by the real estate developer and the Citizenship by Investment Unit in Saint Lucia.
$500,000 Government Bonds: Citizenship by investment may be made through the purchase of non-interest-bearing Government bonds. These bonds must be registered and remain in the name of the applicant for a 5 year holding period from the date of issuance.
Benefits
- Straightforward, simple investment plans
- Processing time 3-6 months
- No landing or residency required
- Visa Free access to 140+ countries
- No personal or worldwide income tax
- Dual citizenship permitted
- Inclusion of dependent children 30 years and under and dependent parents over 55 years. Parents and children with disabilities have no age restriction
- Inclusion of siblings of the applicant under the age of 18 years.
- Inclusion of children & spouses as “add-on” qualifying dependents of previously approved CIP applicants
- Limited number of documents to be submitted
Qualifications:
The most recent addition to the CIP programs in the Caribbean region is Saint Lucia’s Citizenship by Investment Program, which was formed in 2015 and is governed by the Citizenship by Investment Bill 2015.
By reducing the number of applications and raising the overall net worth criteria, Saint Lucia hasexpertly positioned its program for the world’s elite. In addition to the following qualifications, candidates must satisfy one of the investment requirements listed below in order to be eligible for Saint Lucian citizenship:
- 18 years of age or older.
- Make the necessary investment, and then offer thorough information and proof of it.
- Possess a wonderful character.
- Be in great health.
- Possess no criminal history.
- Pass a thorough background investigation.
- Upon application, pay the necessary administrative, due diligence, and processing expenses (which are not refundable).
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Advantages Of Including A St. Lucia Passport
It’s crucial to comprehend precisely how your current passport works with a second citizenship and passport to grant visa-free travel across the planet. Not only counting the number of countries that don’t require visas, but also weighing the significance and appeal of those places. Only La Vida uses advanced metrics created for business and leisure travel to provide such thorough analysis for the St. Lucia Passport and for passports obtained via other citizenship investment schemes. To receive your free report customized to your current citizenship and passport, get in touch with us and speak to one of our experts.
How do I become a citizen of St Lucia?
St Lucia offers citizenship by investment to individuals who contribute to the country in one of four ways: by donating $100,000 to the government National Economic Fund; by purchasing real estate from $200,000; by buying at least $300,000 in government bonds; or investing at least $1 million in local enterprise.
How much does it cost to buy citizenship in St Lucia?
St. Lucia economic citizenship costs $100,000 for a single application, plus a contribution to the National Economic Fund of $7,500, along with a $2,000 administration charge and $7,500 for due diligence.
Can you work in the USA with a St Lucia passport?
You need a valid visa to enter the United States if you're a citizen of Saint Lucia. You must apply for a US B1/B2 visa for travel and business. Only at an embassy of the US is that possible.
How Long Does It Take To Get Citizenship By Investment In St Lucia?
When submitted to St. Lucia's Citizenship by Investment Unit, applications for the country's citizenship investment program typically take 3 to 4 months to process (CIU). Most applicants often need 2 to 6 weeks to compile all of their paperwork before this. There is no need to travel because La Vida's internal processing team will help applicants with every step of the procedure. All countries are permitted dual citizenship in Saint Lucia. It is important to inquire about dual citizenship policies in your current nation.