St. Lucia
Citizenship-by-Investment Program
Known for its iconic Pitons, St. Lucia offers a stable economic environment with significant foreign investment and tourism driving 60% of its GDP. Its Citizenship-by-Investment Program provides a path to full citizenship with minimal residency requirements.
Key Benefits of St. Lucian Citizenship
- Visa-free access to 154 countries, including the EU, Singapore, and Hong Kong.
- Full citizenship for the applicant, spouse, children, parents, and grandparents.
- No residency requirement to maintain citizenship.
- Low initial investment starting at USD 240,000 for a single applicant.
- Dual citizenship is allowed without restrictions.
- Access to the natural beauty of St. Lucia, including pristine beaches and the famous Piton Mountains.
Eligible family members include
Spouse
Children
Children/Stepchildren (up to age 30, financially dependent).
Parents
Parents/Grandparents (over 55 years old, financially dependent, and living with the applicant).
Siblings
Under 18 (with parental or guardian consent)
Special Needs Dependants
(any age, if mentally or physically challenged).
Investment Requirements
To qualify for St. Lucia’s Citizenship-by-Investment Program, applicants must make a substantial financial contribution through one of the following options:
- Non-refundable contribution starting at USD 240,000.
- Purchase of non-interest-bearing government bonds from USD 300,000, with a five-year holding period.
- Purchase property in an approved development, valued at a minimum of USD 300,000, to be maintained for at least five years.
- Minimum investment of USD 250,000 in an approved enterprise project (e.g., offshore universities, research institutions, or specialty restaurants).
Additional Fees and Processing Costs
In addition to the investment, applicants are responsible for the following fees:
- Required for due diligence, processing, and passport issuance.
- USD 50,000 for the National Action Bond.
- USD 15,000 for Enterprise Project investments.
- Legal and transaction costs apply for real estate investments.
- Applicable to each individual included in the application.
Application Process
The application process typically takes between six and twelve months and is divided into the following stages:
01
Month 1: Initial Due Diligence
Complete the due diligence process.
Sign the Client Agreement (CA) and submit a retainer payment.
Submit all required government forms and documents.
Execute a Sales and Purchase Agreement (if applicable for real estate investment).
02
Months 2-3: Document Review and Submission
Comprehensive review of documents to ensure compliance with Citizenship-by-Investment Unit (CIU) requirements.
Submit final documents for review.
Main applicant attends an interview (in-person or online) for identity verification.
03
Months 6-12: Final Approval and Passport Issuance
The Citizenship-by-Investment Unit assesses the application.
Upon approval, applicants pay the required contributions and fees.
Final processing and issuance of passports.
St. Lucia offers a competitive tax environment, including:
- No tax on income for non-residents.
- Personal Income Tax: Progressive rates from 10% to 30%.
- No capital gains tax.
- No inheritance tax.
- Corporate Tax: 30%, with potential reductions for qualifying companies.
- Sales Tax: 12.5%.
- Property Tax: 0.25% on the property value.
