St Lucia Citizenship Investment Programme
St Lucia is the last country in the Caribbean to establish a Citizenship by Investment Programme, having started to accept applications in January 2016. The St Lucia Citizenship Investment Programme allows investors and their families to invest in the nation in exchange for citizenship. Successful applicants may travel visa-free to more than 125 countries across the globe, including the United Kingdom (UK), the European Union (EU), Argentina, and Singapore.
Investors and their families may become citizens of St Lucia though its St Lucia Citizenship Investment Programme, by choosing between one of three options:
A one-time contribution to the National Economic Fund (NEF)
An investment in pre-approved real estate
- An investment in a pre-approved enterprise project
NATIONAL ECONOMIC FUND (NEF)
The National Economic Fund (NEF) has the task of redirecting funds to boost St Lucia’s economy. The minimum required contribution under the NEF option is US$100,000.
INVESTMENT IN PRE-APPROVED REAL ESTATE
Under the pre-approved real estate option, applicants must buy property and maintain ownership for 5 years. The minimum required investment under the pre-approved real estate option is US$300,000.
INVESTMENT IN A PRE-APPROVED ENTERPRISE PROJECT
Unlike many other Caribbean nations, St Lucia offers the option to invest in a pre-approved enterprise project. If applicants want to invest alone, then they must invest at least US$3,500,000 and create no less than 3 permanent jobs. If applicants want to participate in a joint investment with other applicants, then they must personally invest a minimum of US$1,000,000. The total investment must be worth at least US$6,000,000 and must create no less than 6 permanent jobs.
Applicants for the St Lucia Citizenship Investment Programme must fulfil the following conditions:
- Be at least 18 years old
- Be of good character
- Have no criminal record
- Pass a detailed background check
- Be able to provide a banker’s reference
- Be healthy
Investors may apply with their spouse and dependent children, and, in some cases, dependent elderly parents.
- Full citizenship status
- No requirement to visit St Lucia before, during, or after the application
- No interview requirement
- No English language requirement
- Low processing fees
- Fast processing time
- All nationalities are eligible
- Dual citizenship is allowed
- Social and political security
- Visa-free travel to more than 125 countries (including the UK, the EU, and Argentina)
- No foreign income, capital gains, gift, and inheritance tax