About St Lucia
St Lucia is an island country located in the Caribbean Sea.
Also called the ‘Helen of the West Indies,’ St Lucia is famous for its beautiful nature and year-round sunshine. Its best-known landmarks are two mountains known as the Pitons, which tower above the island’s western shore.
St Lucia obtained independence from the United Kingdom on 22 February 1979, but Queen Elizabeth II remains the Head of State. St Lucia is a member of the Commonwealth of Nations, the United Nations (UN), the Caribbean Community (CARICOM), the Organisation of Eastern Caribbean States (OECS), the Organisation of American States (OAS), and the International Organisation of La Francophonie.
St Lucia’s economy is driven by tourism and offshore banking, and the island is a well-known producer of bananas and other agricultural goods. St Lucia is also an exporter of oil and malt beer. The island is also a cultural innovator, organising events such as the yearly St Lucia Jazz Festival.
St Lucia is located in the Caribbean Sea, just north of St Vincent and the Grenadines and south of the island of Martinique.
St Lucia’s capital city of Castries has an international airport that welcomes direct flights from multiple cities in the United Kingdom, Canada, and the United States – as well as other Caribbean islands.
Citizenship by Investment
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 Programme allows investors and their families to invest in the nation in exchange for citizenship. Successful applicants may travel visa-free to more than 120 countries across the globe, including the United Kingdom (UK), the European Union (EU), Argentina, and Singapore. Applicants may choose to invest in Government bonds to obtain citizenship. There is a limited time offer running until 31st December 2021. Once citizenship has been granted, investments in government bonds must be held in the applicant’s name for a fixed period of time that varies according to the applicant’s family structure. The bonds must not attract a rate of interest for the duration of this period. Due diligence, Government administration and processing fees apply.
Applicants for the St Lucia Citizenship by 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 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 120 countries (including the UK, the EU, and Argentina)
- No foreign income, capital gains, gift, and inheritance tax
Successful applicants can benefit from visa-free travel to the countries listed below:
Investors and their families may become citizens of St Lucia through its Citizenship by Investment Programme by choosing between one of four 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
- A purchase of Government bonds
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 no less than US$1,000,000. The total investment must be worth no less than US$6,000,000 and must create no less than 6 permanent jobs.
Purchase of Government Bonds
St Lucia is the only Caribbean nation offering the option to purchase non-interest bearing Government bonds. The bonds must be held for 5 years, and the applicant must invest at least US$500,000. There is a limited time offer running until 31st December 2021. Once citizenship has been granted, investments in government bonds must be held in the applicant’s name for a fixed period of time that varies according to the applicant’s family structure. The bonds must not attract a rate of interest for the duration of this period. Due diligence, Government administration and processing fees apply. enquire now