SAINT LUCIA
SAINT LUCIA
The Saint Lucia Citizenship by Investment Program (CIP) was established in 2015. This program gives a pathway to foreign nationals to become citizens of Saint Lucia, giving them access to the benefits and privileges related with Saint Lucia citizenship.
This program permits people and their families to get Saint Lucian citizenship through making a passing interest in the country’s economy, for example, investment in real estate or contribution to national economic funds with a minimum investment of US$240,000.
Saint Lucia, a dazzling Caribbean Island country, is famous for its striking regular excellence, lively culture, and warm cordiality. Its notable milestone, the Pitons, two superb volcanic pinnacles ascending from the ocean, charm guests with their sheer greatness. The Saint Lucian citizens are likewise qualified for visit 151 countries and territories without visa including EU region and UK.
The processing time for the Saint Lucia Citizenship by Investment Program normally goes from 9 to 12 months.
KEY ADVANTAGES OF SAINT LUCIA CITIZENSHIP
- No education or managerial experience is required to apply for citizenship.
- Visa free travel upto 151 countries and territories including UK and EU region.
- No tax on worldwide income, inheritance, wealth and capital gains.
- Spouse, dependent children, dependent siblings, parents and grand parents can be added in the application.
- No residency required for gaining Saint Lucia citizenship through CIP.
- Saint Lucia recognises dual citizenship so you can retain your current nationality.
PROGRAM REQUIREMENTS
The applicant must fulfill one of the following investment options in addition to some additional requirements in order to apply for the Saint Lucia Citizenship by Investment Program.
NATIONAL ECONOMIC FUND (NEF)
Non refundable NEF contribution for a family of four person is US$240,000.
REAL ESTATE INVESTMENT
The minimum investment in approved real estate project is US$300,000.
NATIONAL ACTION BOND
The minimum investment in non interest bearing government bonds is US$300,000.
PROGRAM REQUIREMENTS
Step 1: Month 1
Client onboarding
- Screening to check initial eligibility of the applicant.
- Applicant will receive client care agreement for review and signature.
- Applicant will pay first invoice as per agreed payment scheduled.
- For property investment, initial deposit to developer and sign agreement with developer.
Step 2: Month 2-10
Application submission and review
- Gather documents required to submit application, assigned case worker will assist you in the process.
- Thorough assessment of documents by our lawyer in Saint Lucia before submitting it to the Citizenship by Investment Unit (CIU).
- Applicant will pay second invoice as per agreed payment scheduled.
- Our local lawyer will Submit the application in CIU.
- CIU will perform it’s due deligence and we will collaborate with the unit for efficient processing of your application.
Step 3: Month 11-12
Passport issuance
- CIU after evaluation of your application for citizenship will make a decision.
- After approval of application, The applicant will be asked to pay remaining amount as per agreed payment scheduled for investment contribution and other governments fee’s.
- After confirming receipt of investment contributions by the government, CIU will issue certificate of Naturalization, followed by the issuance of your passports.