Citizenship by Investment Program ST. LUCIA
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There are several ways to become a permanent resident in ST. LUCIA. Each program has different conditions.
Investment
Minimum donaton of USD US$300,000
processing time
Few months
key benefit
The right of free movement and visa-free access to 144 destinations worldwide
St Lucia
St Lucia is an eastern Caribbean nation located on the south east coast of North America. The country recently enacted provisions in citizenship law starting from 2016, granting immediate citizenship to foreign investors who invest in real estate, business investment in the country.
It is the only CIP in the Caribbean that offers citizenship against buying non-interest bearing Government bonds. Further, it is also cheapest CBI scheme for individuals and single persons.
Real Estate Investment
The Citizenship Investment Program is an option for investors in approved real estate projects under the following categories:
- high-end branded hotels and resorts
- high-end boutique properties
- any other project that the Minister, on recommendation of the Saint Lucia Citizenship by Investment Board and after consultation with Cabinet, considers necessary
The real estate process requires a binding process and sale agreement; appointment of escrow agent; an escrow bank account to which the minimum investment amount is to be deposited and an escrow agreement.
Minimum investment: US$300,000
Non-refundable administration fee:
- Applicant applying alone- US$ 30,000
- Applicant applying with spouse- US$ 45,000
- Each qualifying dependent (18 years of age and over) – US$ 10,000
- Each qualifying dependent (under 18 years of age) – US$ 5,000
- Applicant applying with spouse & more than four dependents – US$ 10,000
Due Diligence:
- Applicant alone- US$7,500
- Each qualifying dependent over 16 years of age – US$5,000
