Requirements and Benefits of St Lucia Citizenship by Investment

Requirements and Benefits of St Lucia Citizenship by Investment
  • 4 minutes
  • Jun 18, 2018

With a little help from the experts at Bluemina, you can Secure Your Future with Saint Lucia Citizenship. Given the current state of uncertainty around the world, more and more people are keeping their options open by obtaining a second passport in the pristine beauty of the Commonwealth Caribbean Islands.

Often referred to as ‘Helen of the West Indies’ the beautiful island nation of Saint Lucia is nestled in the heart of the Caribbean Sea. Boasting emerald-green rainforests, white sandy beaches, and effervescent springs, this tropical island has something to offer everyone.

At Bluemina, we can help you obtain a second citizenship in Saint Lucia. We’ve compiled a few points to consider before you apply for your Saint Lucia passport.
 

Benefits of St Lucia Citizenship


More than just natural beauty, Saint Lucia is a highly stable member of the Commonwealth of Nations, the Caribbean Community (CARICOM), the Organization of Eastern Caribbean States (OECS), and the International Organization of La Francophonie.

Established in January 2016, the Saint Lucia Citizenship By Investment Program allows applicants, their spouse, their children, and their parents to apply for citizenship. However, this appealing investment program is capped at 500 applications every year.

The Saint Lucia citizenship program offers many benefits to individuals and families around the world.

Visa Free Travel – Saint Lucia passports grant you and your family access to visa-free travel to over 147 countries including all of the Commonwealth Caribbean Islands, the UK, and Schengen countries.

Tax Advantages – Saint Lucia passport holders can take advantage of the countries amazing tax code. Benefits include no tax on worldwide income.

Educational Opportunities – Saint Lucia offers a gateway to educational opportunities for your children and dependents. Additionally, there are no educational requirements for acceptance into the programme.

Secure – Saint Lucia citizenship grants you the security of knowing you have access to a peaceful and politically stable country.

Flexible – Saint Lucia doesn’t require physical residency from new citizens. This allows you to hold dual citizenship. There is no need to renounce your current citizenship.

Permanent – Each approved Saint Lucia passport is valid for a lifetime. Saint Lucia citizenship is guaranteed for life and can be passed to future generations.
 

Qualifications of the Saint Lucia Citizen by Investment


To obtain Saint Lucia citizenship, applicants must meet the following requirements.

  • Citizenship is open to all nationalities.
  • The main applicant must hold a valid passport.
  • All applicants and dependents must not hold a criminal record.
  • Additionally, they must all pass a medical examination.
  • The main applicant is required to make the appropriate investment in real estate investment or approved financial donation to the National Economic Fund (NEF).
  • Children and dependents ages 25 and under can apply for citizenship under the main applicant (anyone over 25 must apply for their own citizenship).
  • Dependent parents and grandparents ages 65 and older can apply for citizenship under the main applicant.

Saint Lucia Investment Requirements


The Saint Lucia Investor Program requires applicants to meet all of the required financial investments, to include one of the following:

A nonrefundable contribution to National Economic Fund (NEF):

  • USD 100,000 for a single applicant
  • USD 165,000 for the main applicant and their spouse
  • USD 190,000 for a family of four (main applicant, spouse, and two dependents under the age of 25)
  • USD 25,000 for each additional dependent child under 25 of age and dependents over 65 (parents and grandparents)

Due diligence fees:

  • USD 7,500 for the main applicant
  • USD 5,000 for each qualifying dependent over the age of 16 years

Processing fees:

  • USD 2,000 for the main applicant
  • USD 1,000 for each qualifying dependent (spouse, dependents under 25, and parents/grandparents over 65 years)

Real estate investment:

Applicants can purchase a government-approved real estate in Saint Lucia with a value of at least USD 300,000. They must maintain their investment for at least five years, and pay the following government, due diligence, and processing fees:

Government fees:

  • USD 50,000 for the main applicant
  • USD 35,000 for each qualifying dependent above 18 years of age
  • USD 25,000 for each qualifying dependent below 17 years of age
  • USD 5,000 for each qualifying dependent over the age of 16 years

Due diligence fees:USD 7,500 for the main applicant
USD 5,000 for each qualifying dependent over the age of 16 years

Processing fees:

  • USD 2,000 for the main applicant
  • USD 1,000 for each qualifying dependent (spouse, children under 25 years of age, and parents/grandparents over 65 years of age)

At Bluemina, we specialise in helping our clients obtain second citizenships to secure their future. In as little as four months, we can help you obtain your Saint Lucia passport.

Contact a member of our team to find out more about applying for your Saint Lucia passport. We look forward to helping you on your path to becoming a global citizen!