Saint Lucia citizenship by investment Programme
The Saint Lucia Citizenship by Investment Program was launched in 2015.
Saint Lucia is one of the six least expensive citizenship programmes in the world.
The investor makes a non-refundable contribution to a state fund, buys government bonds or participates in a real estate project. The investor can also open a business in an area of strategic importance to the country’s economy.
The most popular investment options are a non-refundable fund contribution and real estate purchase.
Investments in government bonds and infrastructures like hotels, marinas and resort complexes are refundable. They can be returned in 5–7 years.
Investments in real estate stand out because the investor can receive rental income of 2 to 5% per annum during the ownership period.
Investors’ family members can get Saint Lucia passports by investment, too. Obtaining St Lucia investment citizenship takes 2 to 6 months and is confidential. The investor’s presence isn’t required before or after getting the passport.
Saint Lucia is very well connected with Europe and other parts of the world.
Saint Lucia Citizenship by Investment – the most affordable citizenship program from $100,000.
Why Choose Saint Lucia for Citizenship or Second Passport
Fast and Easy Processing
The process of obtaining Saint Lucia Citizenship by Investment usually takes 3 months.
Safe
Invest after approval only! The St Lucia citizenship by investment programme is open for all nationals.
Whole Family
Your spouse, parents, grandparents, minor and dependent children can also be included.
Best Investment
We offer luxury villas and apartments in Saint Lucia from 300,000 USD with a high yearly return. Resale option after 5 years.
APPLICATION PROCESS FOR SAINT LUCIA CITIZENSHIP BY INVESTMENT
MONTH 1
Select your dream villa or apartment
Sign client agreement and pay the deposit.
MONTHS 1 - 2
Prepare application documents
Pay immigration fees.
MONTHS 2
Property Purchase and Application
Sign the Purchase Contract and pay the property balance, and CIU examines the documents and issues Approval in Principle
MONTHS 3
Passport
Client receives the Certificate of Citizenship Registration and passport
Investment Options and Requirements for Otaining Saint Lucia Citizenship Program
Option 1.
Non-refundable contribution $100,000+
A non-refundable contribution goes to the National Economic Fund. The funds are used for healthcare, alternative energy, education, and infrastructure.
In addition to a contribution, an investor pays for documentation, Due Diligence services, and the associated fees. The total cost of obtaining Saint Lucia investment citizenship depends on the number and age of family members.
Investments in the Saint Lucia state fund, including fees
$100,000 — for an investor
$140,000 — for a married couple
$150,000 — for a family of up to 4 people
$15,000 — per child under 21 if a family includes more than 4 people
$25,000 — per child under 30, parent, or sibling
$7,500 — for an investor
$5,000 — for other family members over 16
$2,000 — for an investor
$1,000 — per additional applicant
2 option
Purchase of government-approved real estate $300,000+
The investor buys a share or property in a government-approved infrastructure project. These are large five-star hotels, resort complexes and marinas. Investors may buy shares, apartments, or villas if they choose hotels. A management company takes care of the property.
The investment should be kept for at least 5 years to keep St Lucia real estate citizenship. Caribbean property value rises by 3—5% a year. Thus, the investor can return the money in 5 years.
During ownership, the investor can receive a rental income as a project shareholder or apartment owner.
According to the NoorCo Consultancy Expert, renting out properties in St Lucia brings a yield of 2—5% per annum. Tourists come to the country all year round, so rental prices are consistently high.
Investments in St Lucia real estate, including fees
$300,000 — regardless of the number of applicants, for a minimum of 3-year ownership
$30,000 — for an investor
$45,000 — for a married couple
$10,000 一 per additional applicant over 18 or applicant under 18 if a family includes more than 4 people
$5,000 — per additional applicant under 18
$7,500 — for an investor
$5,000 — for other family members over 16
$2,000 — for an investor
$1,000 — per additional applicant
3 option
Purchase of government bonds $250,000+
Until the end of 2022, the Saint Lucia Citizenship By Investment programme offers investors to buy government bonds at half a price.
The purchase of government bonds can be a profitable investment regardless of the number of programme participants:
1. Investments in government bonds start at $250,000.
2. Bonds can be fully redeemed at the end of the holding period in 5–7 years.
3. The yield on government bonds is 3 to 5% per annum.
There is a bonus: the application fee is not charged when purchasing bonds.
Another benefit is that investors can transfer money within 60 days after approval. The fixed amount of the administrative fee for bond purchases is $30,000.
The offer is time-limited and valid until 2023. After that, the minimum investment amount in government bonds will be $500,000.
4 option
Business investments $3,500,000+
Investments must go into a government-approved business project. The programme participant can invest in restaurants, cruise ports and marinas, bridges, roads, pharmaceuticals, and research facilities. The investor needs to create 3 jobs on the island.
7 main benefits of the Saint Lucia Citizenship By Investment
1. Low investment threshold
Foreigners can invest in the country’s economy at least $100,000 and get St Lucia passports.
2. Fast processing time
Obtaining St Lucia economic citizenship takes 3 to 4 months.
3. Visa-free entry to 147 countries
The St Lucia passport gives freedom to travel around the world. Investors and their family members can visit 117 countries without visas, and 30 more states allow St Lucia citizens to get visas on arrival.
St Lucia citizens can apply for a 10-year visitor visa to the USA at the nearest consulate and get it in 2 weeks.
4. Preferential education
Investors’ children can get an education in the UK on preferential terms.
5. European bank accounts
The Saint Lucia passport by investment makes opening an account with European banks easier. Such accounts help investors take out loans, keep money on deposits and carry out simple currency transactions.
6. Tax optimisation
The St Lucia taxation regime may benefit residents as income and capital received outside the country are not taxed. Besides, St Lucia doesn’t have taxes on wealth, inheritance and capital gains.
In St Lucia, taxes are paid for doing business within the country. The purchase of real estate and land is also taxed. However, no land ownership licence fee is payable on real estate purchases under the citizenship programme.
Tax rates in St Lucia:
- up to 30% — on the income of companies earned in the country;
- 2.5 to 5% — property transfer tax;
- 0.25 to 0.4% — real estate tax.
7. Investment return
St Lucia offers investors to buy shares in tourism real estate projects. During ownership, the investor can earn a rental income of 2 to 5% per annum. The property can be sold at a profit in 5 years.
Besides real estate, investors purchase government bonds that can be fully redeemed in 5–7 years. The bond yield is 3 to 5% per annum.