Saint Lucia Citizenship By Investment Program

St Lucia Citizenship Benefits

International mobility

Saint Lucia citizens can travel to 144 countries worldwide without a visa. This includes the UK, Schengen Area, Singapore, Hong Kong, and much of South America. In addition, foreign visas can be easier to acquire with a Saint Lucia passport. Saint Lucia permits dual citizenship, so there is no need to renounce your original citizenship and your home country will not be notified.

Business advantages

Saint Lucia citizens are not subject to wealth, gift, inheritance, or capital gains tax. The country also refrains from charging income tax, on both local and foreign income. There are several advantages to trading from Saint Lucia including corporate tax incentives, tax relief benefits, export allowances, and full exemption from import duties. The World Bank ranked Saint Lucia #77 out of 183 countries in their “Doing Business” report, which examines where international investors can do business with ease.

Citizenship for family members

When submitting your Saint Lucia Citizenship by Investment application, your spouse, children (below the age of 25) and dependent parents over 65 can apply for their Saint Lucia passports too. This enables your whole family to enjoy life on one of the most developed islands in the Caribbean, with excellent access to healthcare services all over the island.

 

Investment Options

There are three investment options applicants of the Saint Lucia citizenship by investment programme can choose from.

 

Option 1

The applicant can contribute to the National Economic Fund (NEF). The contribution fees are as follows:

  • For a single applicant: US$100,000 contribution

  • For main applicant with spouse: US$165,000

  • For a main applicant, spouse, and up to two dependants: US$190,000

  • For each additional dependant, regardless of age: US$25,000

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Each contribution will incur the following administration fees:

Processing fees

  • Main applicant: US$2,000

  • Dependants: US$1,000 per person

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Due diligence fees

  • Main applicant: US$7,500

  • Dependants over the age of 16: US$5,000 per person

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Option 2

The applicant can purchase pre-approved real estate projects in Saint Lucia with a minimum value of US$300,000. The applicant must make their choice from a list of government-approved properties. This selection includes residential and commercial options.

 

Option 3

The applicant can invest in Saint Lucia government bonds. These bonds do not bear interest and must be locked in for 5 years. The minimum investment amount depends on the number of people included in the application. The minimum investment amounts are as follows:

  • Single applicant: US$500,000

  • Main applicant and spouse: US$535,000

  • Main applicant with up to three dependants: US$550,000

  • Each additional dependant, regardless of age: US$25,000

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Option 4

The applicant can invest a minimum of US$3.5 million into a government-approved enterprise project. These projects fall into seven broad categories:

1. Specialty restaurants

2. Cruise ports and marinas

3. Agro-processing plants

4. Pharmaceutical products

5. Ports, bridges, roads, and highways

6. Research institutions and facilities

7. Offshore universities

Real estate, government bond, and enterprise project investments all incur the following administration fees:

Processing fees

  • Main applicant: US$50,000

  • Dependants under the age of 18: US$25,000 per person

  • Dependants over the age of 18: US$35,000 per person

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Due diligence fees

  • Main applicant: US$7,500

  • Dependants over the age of 16: US$5,000 per person

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Steps and Procedures

Month 1

Step 1: The client chooses either the investment or donation option. The client signs the Charterhouse Lombard contract and pays the initial retainer.

Step 2: Charterhouse Lombard assists the client to gather all required documentation, and to complete the various Government application forms for submission to the CIU.

Step 3: Second payment is made, and the necessary documentation is submitted.

Month 2-4

Step 4: Issuance of approval letter by the CIU (Citizenship-by-Investment Unit), third payment is required immediately.

Step 5: Naturalization certificate is issued.

Month 5

Step 6: Charterhouse Lombard receives client passport(s). Passport can be either picked up from Charterhouse Lombard office or delivered to the client’s home address (locally or internationally).

 

Applying for Saint Lucia citizenship

If you’re interested in the Saint Lucia citizenship by Investment Program, contact Charterhouse Lombard today. We are experts in assisting individuals to obtain second passports via investment. Contact Us today or fill out the form on this page.

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