ST. LUCIA CITIZENSHIP BY INVESTMENTST. LUCIA CITIZENSHIP BY INVESTMENT

St. Lucia is a volcanic island covered in rainforest in the eastern Caribbean Sea. St. Lucia is a member of the Commonwealth.

The Citizenship by Investment Program in St. Lucia requires an economic contribution to the country and in exchange the investor and their family members become eligible to acquire citizenship.

Passport of St. Lucia provides visa-free or visa-on-arrival travel to 146 countries including the Schengen Area, Hong Kong, Singapore, the UK.

There is possibility for applicants to include spouse, children aged under 31, siblings aged under 18, and parents aged 56 and over.

Besides, dual citizenship is allowed in St. Lucia.

Investment options to acquire citizenship are:

1. There is a special investment opportunity until 31st December 2022 which called COVID-19 Relief Bond starting at $250.000.

In this investment option, the bonds have to be registered and remain in the name of the applicant for at least five years for a single applicant.

If the applicant is applying with a dependent then the investment have to be held for at least six years.

If the applicant is applying with (up to) four dependents then the bonds have to be held for at least seven years or the investment amount has to be $300.000 for five years of time limit.

There is additional $15.000 of payment for each subsequent dependent after the sixth one.

Due diligence fees are: $7.500 for main applicant and $5.000 for each dependent over 16 years of age.

2. A non-refundable contribution of $100.000 to the National Economic Fund (NEF) for a single applicant. In the case of main applicant and a spouse, the investment amount is $140.000. In the case of main applicant, spouse and two dependants, the investment amount is $150.000. Also, $15.000 for each dependent in addition to a family of four and $25.000 for each additional dependent of any age.

Due diligence fees are: $7.500 for main applicant and $5.000 for each dependent aged over 16.

Non-refundable processing fees are: $2.000 for main applicant and $1.000 for each dependent.

3. Investing at least $300.000 in an approved real estate development. This investment has to be held for at least five years.

Additional costs might be paid depending on the real estate developer.

Non-refundable government fees for this option are: $30.000 for main applicant, additional $15.000 for spouse, $10.000 for each dependent aged 18 and over, $5.000 for each dependent under 18 and there is additional $10.000 of payment for each subsequent dependent after the sixth one.

Due diligence fees are: $7.500 for main applicant and $5.000 for each dependent over 16 years of age.

4. There is a “Government Bonds” option to make an investment. In this option, the bonds have to be registered and remain in the name of the applicant for at least five years.

Investment amount is $500.000 for a single applicant and there is an additional non-refundable government fee of $30.000 is paid in this option. In the case of main applicant and a spouse, the investment amount is $535.000. In the case of main applicant, spouse and two dependants, the investment amount is $550.000. Additionally, $25.000 have to be paid for each additional dependent of any age.

Due diligence fees are: $7.500 for main applicant and $5.000 for each dependent aged over 16.

Non-refundable processing fees are: $2.000 for main applicant and $1.000 for each dependent.

5. Investing at least $3,5million in an approved enterprise project which was set out in the regulations. Plus, creating at least three permanent job position. Or, a joint contribution of $6million in total which will be contributed at least $1million by each applicant. Plus, creating at least six permanent job position.

There is an additional non-refundable government fee of $50.000 is paid in these options.

More $35.000 is paid for each dependent 18 years of age and over and $25.000 for each dependent aged under 18.

Due diligence fees are: $7.500 for main applicant and $5.000 for each dependent aged over 16.

Non-refundable processing fees are: $2.000 for main applicant and $1.000 for each dependent.