Saint Lucia

If you’re looking to build a life in a seaside paradise, then there is no better option than Saint Lucia. Abundant coral reefs and pristine beaches make this idyllic island the perfect choice. Its two islands, Rodney Bay and Soufrière, make for a picturesque and soulful home.

Program Overview

The Citizenship by Investment program is one of the flagship programs of the beautiful Caribbean island-country of Saint Lucia. The program has been created to encourage foreign investors to make investments in developmental projects in and around Saint Lucia. A growing seaside market, with a port connected to major sea routes, Saint Lucia is the perfect stop for an enterprising investor.  

Program Benefits
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  • Absolutely no physical residency requirements during the application process
  • Short application processing time of 3 months
  • No requirement for college acceptance letters or job offers for citizenship application
  • Flexible, Visa-free travel to 146 countries, including the UK, Hong Kong, and the Schengen States
  • Dependent parents above age 65 and dependent children below age 26 (including children/parents with physical/mental disabilities) are covered
  • Zero tax on worldwide income
  • Benefits of the CARICOM Double Taxation Relief treaties
Program Qualifications

The Saint Lucia Citizenship by Investment program was started in 2015, after the passing of the Citizenship by Investment Act. The program strives to attract foreign investments and promote sustainable business and growth within the country. The Government of Saint Lucia formally announced many attractive incentives for interested applicants, effective January 2017.

Applicants who qualify for the Saint Lucia citizenship are:

  • Persons above the age of 18
  • Persons with no history of violence and no criminal record
  • Persons possessing sound physical and mental capabilities
  • Persons of outstanding character
  • Persons having high net worth and great business acumen
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 investment opportunities for applicants are:

  • Real estate

Interested applicants can purchase property in Saint Lucia with a minimum investment of USD$300,000, 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.

Government administration fees:

Main applicant – $30,000
Main applicant with spouse – $45,000
Children under 18 – $5,000 each
Dependent children 18 to 25 – $10,000 each
Subsequent family member after sixth – $10,000 each

  • 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, as well as government processing fees. 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.

Government administration fees:

Main applicant – $30,000
Main applicant with spouse – $45,000
Children under 18 – $5,000 each
Dependent children 18 to 25 – $10,000 each
Subsequent family member after sixth – $10,000 each

  • Contribution to government funds – National Economic Fund (NEF)

Interested high-profile applicants also have the option of investing a minimum of USD$100,000 in the National Economic Fund. Applicants with spouses and applicants with a family of up to three dependents can make a contribution of USD$140,000 and USD$150,000 respectively. Families with over three dependent children can make contributions based on the number and age of dependents.  

Contribution to the Fund:

Solo applicant – $100,000
Main applicant and spouse – $140,000
Main applicant, spouse, and up to 2 dependents – $150,000
Additional qualifying dependent applying with the main applicant, spouse, and two other qualifying dependents – $15,000 each

Due Diligence:

Main applicant – $7,500 
Main applicant and spouse – $12,500 
Main applicant, spouse, and up to 2 dependents – $7,500 for investor and $5,000 for each family member aged 16 years or older

Other fees and charges:

Main applicant – $3,050
Main applicant and spouse – $4,550 
Main applicant, spouse, and up to 2 dependents – $6,550+

  • Investment in non-interest-bearing government bonds

    Investment in non-interest-bearing government bonds must be held by the applicants for a period of 5 years, after which they become eligible for sale:

    a. Under regulation 12 (1) of the Citizenship by Investment Regulations, Cap. 1.20

    Main applicant – $500,000
    Main applicant with spouse – $535,000
    Main applicant, spouse, and up to two other qualifying dependents- $550,000 
    Additional qualifying dependent of any age – $25,000 each
    Government administration fee – $50,000

    b. Under the Covid-19 Relief Bond, available for a limited period until 31 December 2022

    Main applicant – $250,000 (bond holding period is five years)
    Main applicant with spouse – $250,000 (bond holding period is six years)
    Main applicant, spouse, and up to two other qualifying dependents- $250,000 (bond holding period is seven years) or – $300,000 (bond holding period is five years)
    Additional qualifying dependent of any age – $15,000 each
    Government administration fee – $30,000

    Make Saint Lucia your second home 

    Visa-Free Countries

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    184,751
    POPULATION
    US$13,708
    GDP (per capita)
    US$2.480 billion (2020)
    GDP (purchasing power parity)

    CAPITAL CITY
    Castries
    TIME ZONE
    Eastern Caribbean Time Zone (UTC-04:00)
    TOTAL AREA
    617 km2
    LANGUAGES
    English, French
    CURRENCY
    ECD $
    MAIN INDUSTRY
    Tourism, Agriculture
    SCHENGEN/ EU
    EU travel–Visa Free

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    KEY ADVANTAGES

    • Possibility to Invest in Government bonds
    • Favorable tax regime
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    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.

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