184,751
Population
US$13,708
GDP (per capita)​
118
Visa-Free Countries​
US$2.480 billion
GDP (purchasing power parity)
With its refreshing pineapples, pulpy coconuts, juicy mangoes, and sugary melons, Grenada is a veritable paradise for fruit lovers. Spice pick your way across this lush island and experience sensory delights. From earthy nutmeg to heady cocoa, you’ll find everything here. Idyllic and peaceful, the Spice Island Grenada beckons you.
CAPITAL CITY

TIME ZONE
TOTAL AREA
SaintLucia-map
LANGUAGES
CURRENCY
MAIN INDUSTRY

SaintLucia-pass
The Grenada Citizenship by Investment program is an initiative by the government of Grenada aimed at attracting foreign investments to this island nation. Interested participants can apply to this program and acquire second citizenship in this beautiful country. Applications for commercial business establishments are welcome here.

Program Benefits

2
Months to Citizenship from
100,000
Donation Amount (USD) from-$
300,000
Real estate Amount (USD) from-$
88
CitizenMatch Index Score
SaintLucia-banner1

KEY ADVANTAGES

The Saint Lucian government has introduced substantial modifications to its citizenship by investment program for the year 2023. Saint Lucia is now more cost-effective for families, with reduced prices applicable to both family applicants and the real estate investment option.

Furthermore, the application process has been streamlined with the introduction of a dedicated digital CBI platform, allowing all applicants to submit their applications online. It’s important to note that for all investment routes, there is an additional agency fee mandated by law firms.

Ineligible: Nationals of Russia, Belarus, Iran are not eligible to apply for Saint Lucia CIP as per new rules.
Applicants who qualify for the Saint Lucia citizenship have to:

Investment Options

The flourishing commercial market in Saint Lucia offers highly-attractive avenues to investors. The offshore banking and tourism industries, in particular, are very lucrative for foreign investments. The St. Lucia Citizenship by Investment Program was initiated in December 2015. This program enables foreign investors and their families to attain citizenship in Saint Lucia through various investment options, which include:

Commercial projects

Applicants who wish to set up commercial establishments and business houses in Saint Lucia must make a minimum investment of USD$3.5 million and be able to create a minimum of 3 jobs. Two applicants can make a joint minimum contribution of USD$6 million and create 6 jobs in the company. Rules for the registration of a business differ based on industry and product/service category.

  • Specialty Restaurants
  • Cruise Ports and Marinas
  • Agro-processing Plants
  • Pharmaceutical Products
  • Ports, Bridges, Roads, and Highways
  • Research Institutions and Facilities
  • Offshore Universities

Option 1: For individual applicants, a minimum investment of US$3,500,000 is required.

Option 2: In the case of joint ventures with more than one applicant, a minimum investment of US$6,000,000 is necessary, with each applicant contributing no less than US$1,000,000.

Contribution to government funds – National Economic Fund (NEF)

The Saint Lucia National Economic Fund represents a dedicated fund established in accordance with Section 33 of the Citizenship by Investment Act. Its sole purpose is to receive eligible cash investments aimed at financing government-sponsored projects.

Investors are obligated to make a one-time payment of $100,000 to the fund in exchange for lifetime citizenship. This donation to the fund is the most cost-effective, expedient, and straightforward means of obtaining citizenship in Saint Lucia.

For individual applicants: $100,000

For applicants applying with a spouse: $140,000

For applicants applying with a spouse and up to two (2) other qualifying dependents: $150,000

Additionally, for each extra qualifying dependent, regardless of age: $25,000

Real estate

Interested applicants can purchase property in Saint Lucia with a minimum investment of USD$200,000, in addition to the relevant government, legal, and application processing fees. Properties must be held by the applicants for a period of 5 years, after which they become eligible for sale.

Currently only two real estate projects approved by government for the purpose of CIP. Only investing in these approved developments will make investors eligible for citizenship by investment.

  • Canelles Resort
  • Alpina Hotel

Government Bonds

Citizenship in St. Lucia can also be obtained by purchasing non-interest-bearing Government bonds valued at US$500,000, with a mandatory 5-year lock-in period.

For individual applicants, the required investment is US$500,000. If applying with a spouse, the amount is US$535,000, and for a spouse with up to two (2) additional qualifying dependants, the investment is US$550,000. Each extra qualifying dependant, regardless of age, incurs an additional cost of US$25,000.

Non-refundable administrative fees for Government bond purchases:

Principal applicant: US$50,000

Each qualifying dependent (18 years of age and over): US$35,000

Each qualifying dependent (under 18 years of age): US$25,000

FAQs about Saint Lucia & The Citizenship by
Investment Programm:

Usually, it takes 3-4 months for a citizenship certificate and a passport to be issued. You do not have to visit Saint Lucia. It takes 3 months to get the approval and another 1 to 2 weeks to issue the passport.
Donation to economic fund US$ 100,000, plus $7500 due to diligence fee plus agency fee.

It is a limited-time offer with a 50% discount. The Corona bonds issued by Government are debt securities and are a fully refundable investment guaranteed by the Government of St Lucia after 5-6 years. with no interest. The minimum required bond investment is USD 250,000 and a family of 5 can apply for this sum without increasing the bond sum. This is only issued for a limited time due to Covid situation

The St Lucia passport is placed No. 37 in the world passport rankings, providing visa-free access to 146 countries. The United Kingdom, as well as European Schengen states such as Germany, France, Switzerland, and Ireland, have visa-free travel access. Visas are still required for economic citizens of Saint Lucia (passport holders) to travel to Canada and the United States.
At this time, Russians and Iranians are unable to apply. You will be denied if you have a visa refusal from a country with which you have a visa waiver agreement.

Only after receiving a “Letter of Approval” from the government, you are only required to pay the full amount. You will have 60 days’ time to commit to the investment. If you are refused it could be for the following reasons.

  1. You have not passed the government’s background and due diligence procedures.
  2. You have a criminal record or have been denied a visa in the past.
  3. You have lied or provided false information in your application.
  4. Have been convicted of a criminal offense except for a minor traffic offense.
  5. Have been denied any type of visa to a nation to which Saint Lucia has visa-free entry and have been unable to obtain a visa after that.
  6. Have been declared bankrupt by a court; and
  7. Have been declared, by a court or qualified health practitioner to be mentally incapacitated.
Yes, but the main applicant must totally support the parents.
  1. Application received;
  2. Compliance check completed;
  3.  Due diligence background check completed;
  4. Unit recommendation sent to the Citizenship by Investment Board;
  5. Board decision made;
  6. In the event that the application is approved, qualifying investment made by the applicant;
    Certificate of Citizenship granted.

Note: Only a licensed Authorised Agent can act on your behalf and handle your citizenship application for you.

Join Now

Make Saint Lucia your second home

PROGRAM MATCH

Compare the different programs in a nutshell and discover their features

PROGRAM COST

Check the cost estimates for each offered program

PROGRAM MAP

Explore the power of global mobility for every passport in the world

Disclaimer

The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.