Saint Lucia
Obtain Citizenship via contribution in just 5 months starting at $ 100,000 .
Saint Lucia
A beautiful island located in the Caribbean Sea, Saint Lucia is filled with spellbinding spectacles on the western mountains. In 2015, the citizenship program was established through which nationals of any country can obtain citizenship within just 4 months through their fast track application. The citizenship by investment program of Saint Lucia enables investors to obtain its citizenship by either investing in a government-approved real estate or through donation to the National Economic Fund.
The Citizenship by Investment Act (Act No. 14 of 2015) was passed on 24th August 2015 and with it was launched the Citizenship by Investment Program of Saint Lucia in December 2015. Minor amendments followed in 2017, enabling investors and their families to obtain St Lucian citizenship through investment.
MAKE AN ENQUIRY
Qualifying criteria
- Nationality no bar.
- Must hold a valid passport.
- There must not be any criminal record against the applicant.
- Completion of a medical examination by the applicant is mandatory.
- It is obligatory on the part of the applicant to make an appropriate investment in either a government-approved real estate development or through a donation to the National Economic Fund.
- Dependents under 25 years of age, if any, can be included with principal applicant and obtain citizenship.
- The principal applicant’s spouse and/or parents and/or grandparents may qualify as dependents if they are above 65 years of age.
Investment avenues
1). Real estate
On choosing this investment option, it becomes mandatory for the applicant to purchase a government-approved real estate in Saint Lucia that is valued at a minimum of US $ 300,000/- and maintain it for 5 years.
The incurred government fees will be as follows:-
- For the main applicant – USD 50,000/-
- For each qualifying dependent aged 18 years orabove – USD 35,000/-
- For each qualifying dependent aged less than 17 years – USD 25,000/-
The Due Diligence fees that will be incurred is:-
- For the main applicant – USD 7,500/-
- For each qualifying dependent aged 16 years and above – USD 5,000/-
The processing fees to be paid is as follows:-
- For the main applicant – USD 2,000/-
- For each qualifying dependent – USD 1,000/-
2). National Economic Fund (NEF)
On choosing this investment option, the applicant has to make a non-refundable monetary donation to NEF. The contribution, depending on the size of the family, will be as follows:-
- For an applicant who is single – US $ 100,000/-
- For the main applicant along with his or her spouse – US $ 165,000/-
- For a family of four people (Which includes the main applicant, spouse and two children) – US $ 190,000/-
- For each extra dependent – US $ 25,000/-
The incurred Due Diligence fees will be:-
- For the main applicant – USD 7,500/-
- For each qualifying dependent over 16 years of age – USD 5,000/-
The processing fees will be:-
- For the main applicant – USD 2,000/-
- For each qualifying dependent – USD 1,000/-
Advantages
- One gets the citizenship of a British Commonwealth Country.
- It takes just 4 months to obtain the citizenship of Saint Lucia.
- Dual citizenship permitted, no need to renounce current citizenship.
- No interview or test relevant to one’s education.
- No tax on worldwide income.
- During the application procedure or even after that, no physical residence requirements.
- Citizenship for life for the applicant and his or her family. Moreover, the citizenship can be passed on to future generations by descent.
- Enjoy visa-free travel to more than 120 countries including the Schengen Zone, the U.K. and Hong Kong. The list of the countries is as follows:-
Americas
Anguilla, Antigua & Barbuda, Argentina, Bahamas, Barbados, Belize, Bolivia, Chile, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, Ecuador, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Nicaragua, Panama, Peru, Saint Kitts & Nevis, Saint Vincent & the Grenadines, Suriname, Trinidad & Tobago, and Venezuela.
Africa
Botswana, Cape Verde, Comoros, Djibouti, Egypt, Gambia, Guinea-Bissau, Kenya, Lesotho, Madagascar, Malawi, Mauritania, Mauritius, Mozambique, Senegal, Seychelles, Somalia, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, and Zimbabwe.
Europe
Andorra, Austria, Belgium, Bulgaria, Croatia, Cyprus, Denmark, Estonia, Finland, France, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Monaco, Montenegro, Netherlands, Norway, Poland, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, and Vatican City.
Asia
Armenia, Bangladesh, Cambodia, Hong Kong, Indonesia, Iran, Israel, Jordan, Laos, Malaysia, Maldives, Nepal, Philippines, Singapore, South Korea, and Timor-Leste.
Oceania
Fiji, Kiribati, Micronesia, Palau, Solomon Islands, Tonga, Tuvalu, and Vanuatu.
- The citizens can avail E-Visa facility (for which applying not less than 5 days before the travel is compulsory) to Bahrain, Turkey, Gabon, Georgia, India, Kyrgyzstan, Qatar, and Sri Lanka.