PROGRAMME HIGHLIGHTS
- Fast application processing within 3 months
- No requirement to travel to Saint Lucia during the application process
- Visa-free travel to some 145 countries including Schengen Area and UK
- Entitlement to dual citizenship
- No requirement to reside in Saint Lucia before or after citizenship is granted
- No tax on worldwide income, wealth, gift, inheritance or capital gains
- Citizenship is valid for life
The Saint Lucia National Economic Fund is a special fund established under the Citizenship by Investment Act for the sole purpose of receiving qualifying investments of cash for funding government sponsored projects that will benefit the economy and help its diversification.
Contribution Amount | USD 100,000 for the main applicant; USD 165,000 for the main applicant and the spouse; USD 190,000 for the main applicant, spouse and 2 dependants; USD 25,000 for each additional dependant |
Due Diligence Fees | USD 7500 for the main applicant; USD 5000 for the spouse; USD 5000 for each dependant aged 16 years or older |
Processing Fees | USD 2000 for the main applicant; USD 1000 for the spouse; USD 1000 for each dependant under 16 years; USD 1000 for each dependant aged 16 years or older |
The Cabinet of Ministers of Saint Lucia will consider real estate projects to be included on the approved list for the Citizenship by Investment Programme. Approved real estate projects fall into two broad categories:
- high-end branded hotels and resorts;
- high-end boutique properties.
Once approved, the real estate project becomes available for qualifying investments from applicants for citizenship by investment.
Contribution Amount | USD 300,000 for the main applicant |
Due Diligence Fees | USD 7500 for the main applicant; USD 5000 for the spouse; USD 5000 for each dependant aged 16 years or older |
Processing Fees | USD 2000 for the main applicant; USD 1000 for the spouse; USD 1000 for each dependant under 16 years; USD 1000 for each dependant aged 16 years or older |
The applicant is required to execute a binding purchase and sales agreement for an investment in an approved real estate project. Investments, equalling the agreed purchase price are deposited in an approved irrevocable escrow account managed jointly by the developer and the Citizenship by Investment Unit in Saint Lucia.
Property registration, processing fees and taxes must be paid in addition to the property purchase.
The Cabinet of Ministers of Saint Lucia will consider enterprise projects to be included on the approved list for the Citizenship by Investment Programme. Approved enterprise projects fall into 7 broad categories:
- specialty restaurants
- cruise ports and marinas
- agricultural processing plants
- pharmaceutical products
- ports, bridges, roads and highways
- research institutions and facilities
- offshore universities
Once approved the enterprise project becomes available for qualifying investments from applicants for citizenship by investment.
Contribution Amount | USD 3,500,000 minimum investment for a sole applicant; or USD 6,000,000 minimum investment for more than 1 applicant (joint venture) with each applicant contributing no less than USD 1,000,000 |
Due Diligence Fees | USD 7500 for the main applicant; USD 5000 for the spouse; USD 5000 for each dependant aged 16 years or older |
Processing Fees | USD 2000 for the main applicant; USD 1000 for the spouse; USD 1000 for each dependant under 16 years; USD 1000 for each dependant aged 16 years or older |
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 5 years from the date of first issue and not attract a rate of interest.
Contribution Amount | USD 500,000 for the main applicant; USD 535,000 for the main applicant and the spouse; USD 550,000 for the main applicant, spouse and 2 dependants; USD 25,000 for each additional dependant |
Due Diligence Fees | USD 7500 for the main applicant; USD 5000 for the spouse; USD 5000 for each dependant aged 16 years or older |
Processing Fees | USD 2000 for the main applicant; USD 1000 for the spouse; USD 1000 for each dependant under 16 years; USD 1000 for each dependant aged 16 years or older |