> Citizenship by Investment > Caribbean citizenship by investment> St.Lucia 

St. Lucia Citizenship by Investment

Processing Time

6-9 months

CONTRIBUTION OR REAL ESTATE

$240,000

VISA-FREE ACCESS TO

145+ countries

St. Lucia Citizenship

Citizenship by Investment

Overview of St. Lucia Citizenship by Investment Program

The Saint Lucia Citizenship Program, also known as the Saint Lucia Citizenship by Investment Program (CIP), is a legal process that allows individuals to acquire citizenship in St. Lucia. It 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 6 to 9 months.

Why choose St. Lucia?

  • Stunning beaches with crystal-clear waters
  • Warm, tropical climate all year long
  • Rich cultural festivals and vibrant traditions
  • Friendly and welcoming local community
  • Luxurious resorts and world-class spas
  • Excellent educational institutions with diverse programs
  • High-quality healthcare services and modern facilities
  • A thriving economy with opportunities for investment
  • Favorable tax environment with no inheritance tax
  • Enjoyable lifestyle in a beautiful Caribbean setting

Curated Links for St. Lucia citizens

Living in Saint Lucia

Business Environment

St. Lucia offers a stable and supportive business climate. English is the official language, easing communication. Government initiatives and special projects in tourism, infrastructure, and pharmaceuticals enhance investment opportunities.

Education

The island provides quality education with reputable schools and institutions. Both local and expatriate families have access to good schooling and higher education options.

Healthcare

St. Lucia has modern healthcare facilities, including public and private hospitals and clinics. Residents benefit from high-quality medical services and comprehensive care.

Lifestyle and Community

St. Lucia features beautiful beaches, a warm tropical climate, and a relaxed lifestyle. Residents enjoy vibrant community life with cultural events, friendly locals, and various recreational activities.

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Processing Time

6-9 months

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Contribution OR Real Estate

$240,000

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Visa-Free Access To

145+ countries

Taxes

In St. Lucia, the tax rules are quite simple. Citizens don’t pay taxes on capital gains, dividends, or inheritance, and companies are generally exempt from these taxes as well as sometimes from value-added tax (VAT).

To be a tax resident, an individual must spend at least 183 days in St. Lucia each year. For companies, they need to be registered or managed in St. Lucia to qualify as tax residents. Tax residents can enjoy reduced tax rates.

If these conditions are not met, you won’t be considered a tax resident and will need to pay income tax on earnings in St. Lucia. The Inland Revenue Department (IRD) handles tax collection and enforcement.

Cost of living in St. Lucia

The cost of living in St. Lucia is relatively moderate compared to other Caribbean islands. While expenses for housing and utilities can be higher, particularly in popular areas like Castries or near the beaches, everyday costs such as groceries and dining out are more affordable. The island offers a range of options to suit different budgets, from luxury accommodations to more economical choices.

Key Facts

Capital

Castries

Languages

English (official)

Currency

East Caribbean dollar (XCD), Tied to USD

Population

180 thousand (2024)

Dual Citizenship

Saint Lucia allows dual citizenship, which means you can hold citizenship in St.Lucia  while retaining your original nationality.

Regulations

St. Lucia’s citizenship by investment program is regulated by clear guidelines that define the application process. Applicants must be at least 18 years old, have a clean criminal record, and prove the lawful source of their investment funds. Dependents eligible for inclusion are children under 30, parents over 55, and unmarried siblings under 18. All applicants and dependents must undergo comprehensive due diligence checks. While there are no specific residency requirements, adhering to these regulations is crucial for successfully applying and upholding the program’s standards.

Quick Facts

Fact Details
Time to Citizenship Minimum of 6 months
Minimum Investment US $240,000
Type of Investment Donation, Real Estate, Government Bond
Visa-Free Countries 140+ including Schengen and the UK
Residency Requirement None
Due Diligence Checks Required for all applicants and dependents
Investment Holding Period 5 years for Real Estate; Bonds recoverable after 5 years
Ineligible Countries Belarus, Iran, Russia
Dependent Eligibility Children under 30, parents over 55, unmarried siblings under 18

Starting investment for Antigua & Barbuda Citizenship is $ 100,000

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

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    St. Lucia Citizenship by Investment Options

    • National Economic Fund (Donation)

    Donate at least $240,000 to the National Economic Fund, which supports government projects. This option covers the main applicant and up to 3 dependents.

    • Real Estate Investment

    Invest at least $300,000 in a government-approved real estate project in Saint Lucia. The property must be held for at least five years, and it can only be resold under the Citizenship by Investment Program after this period.

    Read more: St. Lucia Citizenship by Real Estate Investment 

    • Government Bonds

    Purchase government bonds worth at least $500,000. The bonds must be held for five years and do not earn interest. The original investment amount is recoverable after this period.

    What are the eligibility criteria to apply for Saint Lucia Citizenship by Investment?

    • Main applicant must be at least 18 years old
    • Must have no criminal record
    • Must provide evidence of the lawful source of investment funds
    • Dependent children must be under 30 years old
    • Dependent parents must be above 55 years old
    • Unmarried dependent siblings must be under 18 years old
    • Must pass thorough due diligence checks to receive approval

    Program Summary

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

      Restricted Nationalities

      Citizens of the following countries are not eligible to participate in the Saint Lucia Citizenship by Investment program under any circumstances:

      • Belarus
      • Iran
      • Russia

      St. Citizenship by Investment Required Documents

      Here are some of the required documents: 

      • Draft of application forms (provided by Migrate World)
      • 8 passport-size photos for all family members
      • Signed affidavit of financial support (notarized)
      • 4 sets of signed property purchase agreements (real estate investment option)
      • Signed client agreement
      • Updated CV from the main applicant
      • Proof of payment of non-refundable processing and due diligence fees
      • Completed questionnaire for all family members
      • Signed power of attorney
      • Enrollment letter or certificate from current university for dependent children 18-30 years of age confirming they are full-time students at that institution
      • Police certificates from your country of birth and every country you have lived in for more than 1 year over the past 10 years. The main applicant, spouse, dependents, and dependent children 16 years and above need to provide police certificates.
      • Employment confirmation letter (if the main applicant is an employee).

      Please note that additional documents may be required by the company or government

      Due Diligence and Background Check

      A thorough background check is carried out to ensure applicants meet the program’s standards. This includes verifying a clean criminal record, confirming a lawful source of funds, and reviewing personal and professional history. The St. Lucia Citizenship by Investment Unit oversees these checks to make sure that only eligible individuals are granted citizenship.

      How to obtain Saint Lucia Citizenship by Investment?

      How to Apply: Step-by-step procedure

      1. 1. Initial consultation 

      The first step is a complimentary consultation with us where we explain all the different options available.

      1. 2. A security checks

      Migrate World performs a security check, before officially making any agreement as a guarantee that the applicant’s record is clean from any case that the Citizenship by Investment Unit might reject his/her application.

      1. 3. Agreement and fees

      Fees include legal, due diligence, government fees, and application processing fees.

      1. 4. Choose Property

      Once the property has been chosen the developer is notified to prepare a purchase and sale agreement.

      1. 5. Collect documents and submit the file

      We will help obtain/translate and authenticate all necessary documents. A file is then prepared and submitted to the Citizenship by Investment Unit (CIP St. Lucia), which usually takes approximately 10 business days from the date the file is prepared.

      1. 6. Approval Waiting Period

      Expect a waiting period of approximately 6-9 months for the approval decision.

      1. 7. Additional Documentation

      CIP St. Lucia may require supplementary documents or information during the application process.

      1. 8. Approval and Payment Completion

      Upon receiving approval, the applicant must fulfill all outstanding payments within 60 days to obtain their citizenship certificates.

      1. 9. Passport Issuance

      Following the receipt of the citizenship certificate, the issuance of passports typically takes around 2-4 weeks to complete.

      NOTE: Timeline is an estimate only, processing time depends on the complexity of each file.

      Application Options: Online or Through Migrate World

      You can either select any Authorized Agent and apply online through their platform or choose Migrate World, where our team, as an Authorized Agent, will assist you throughout the application process.

      Application Timeline

      The application process for this program typically takes a minimum of 6 months.

      Application Fee

      • Application and registration fee: $750 per applicant
      • Processing for the main applicant: $2,000
      • Processing for spouse: $1,000
      • Processing for each dependent: $1,000
      • Due diligence for the main applicant: $7,500
      • Due diligence for spouse: $5,000
      • Due diligence for dependents over 16: $5,000 per applicant

      Saint Lucia Citizenship by Investment Price

      Fee Type Option 1: National Economic Fund (Donation) Option 2: Real Estate Investment Option 3: Government Bonds
      Main Applicant $240,000 $300,000 $300,000
      Each Additional Dependent (Under 18) $10,000 $10,000 Included in main fee
      Each Additional Dependent (Over 18) $20,000 $20,000 Included in main fee
      Newborn Child (12 months or below) $5,000 $5,000 Included in main fee
      Spouse $35,000 $35,000 Included in main fee
      Other Qualifying Dependents $25,000 $25,000 Included in main fee
      Non-Refundable Administrative Fee N/A N/A $50,000
      Application and Registration Fee $750 per applicant $750 per applicant $750 per applicant
      Processing Fee for Main Applicant $2,000 $2,000 $2,000
      Processing Fee for Spouse $1,000 $1,000 $1,000
      Processing Fee for Each Dependent $1,000 $1,000 $1,000
      Due Diligence Fee for Main Applicant $7,500 $7,500 $7,500
      Due Diligence Fee for Spouse $5,000 $5,000 $5,000
      Due Diligence Fee for Dependents Over 16 $5,000 per applicant $5,000 per applicant $5,000 per applicant

      Comparing Citizenship by Investment Countries

      Family Members Eligible for Saint Lucia Citizenship

      The primary applicant may include:

      • Their spouse
      • Dependent children who are under 30 years old
      • Dependent parents who are over 55 years old
      • Siblings who are under 18 years old

      Validity and Renewal for St. Lucia Passport

      The Saint Lucia passport is valid for 5 years. Passport holders should generally aim to renew it at least six months before it expires.

      You can renew your passport either through Migrate World or directly via the embassy or consulate. If you choose to renew through Migrate World, reach out to us to get the necessary documents. Our team will guide you through completing and signing the required forms, which we will prepare and submit to St. Lucia Citizenship by Investment Unit. If you prefer to renew through the embassy or consulate, you should follow their specific renewal procedures and criteria.

      Read more: Saint Lucia Passport Renewal

      St. Lucia Citizenship by Investment Benefits

      • Visa-free travel to over 140 countries, including the EU, UK, Hong Kong, and Singapore.
      • The citizenship process takes just 6-9 months.
      • Spouse, children, and dependent parents can be included in the application.
      • No wealth, inheritance, or foreign income taxes.
      • Investment options include the National Economic Fund, real estate, and government bonds.
      • No residency is required before or after obtaining citizenship.
      • Dual citizenship is permitted.
      • Political stability, a strong economy, and a high quality of life.

      Read more: 

      How can the Migrate World Help You?

      Migrate World team offers essential support to clients pursuing St. Lucia citizenship through the investment program. With expert guidance, personalized solutions, and thorough assistance in documentation, investment choices, application, due diligence, and post-approval steps, Migrate World ensures a smooth and successful journey toward obtaining Saint Lucia citizenship. Clients benefit from their expertise, minimizing complexities and maximizing the likelihood of a favorable outcome.

      Frequently Asked Questions

      The main applicant can include the following dependents in his application:  the spouse, children under 18, children aged 18-30 who are studying and supported, unmarried daughters under 25, children 18+ who are physically or mentally challenged, and parents or grandparents over 65 who are significantly supported.

      You can apply for Saint Lucia citizenship either through an authorized agent or directly with Migrate World. Our consultants will guide you through each step in detail. The processing time typically takes a minimum of 6 months.

      Yes, Saint Lucia permits dual citizenship, allowing investors to keep their current citizenships.

      yes, foreigners can buy any property in Saint Lucia.

      The citizenship process takes just 6-9 months

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