Saint Lucia
SAINT LUCIA – CITIZENSHIP BY INVESTMENT
The country is a member of the British Commonwealth and the United Nations. Named after St. Lucy, a Roman Catholic Saint, the island of Saint Lucia is located in the Atlantic Ocean in the Caribbean. The island is famous for its two volcanic mountain caps – “The Pitons” based in a World Heritage Site. Also, it boasts the world’s only drive-in volcano. Established in 2015, the Act enables individuals and families to acquire Saint Lucian citizenship upon making a qualifying investment either through contribution or by investment in real estate. The economic citizenship program allows applicants to obtain a second citizenship approval within 4 to 6 months.
- Prime Minister: Phillip Jospeh Pierre
- Population: 180,540
- Capital: Castries
- Area: 617 km2
- Language: English
- Currency: East Caribbean Dollar (XCD)
- Passport Power Rank: 29
Benefits
- Citizenship approved within 6 – 8 months.
- Citizenship in a British Commonwealth country.
- Dual citizenship is permitted; there is no need to denounce other citizenship.
- Travel to more than 137 countries worldwide
- No tax on worldwide income.
- Return on investment: the real estate option allows investors to collect income from their property.
- Instant and irrevocable second citizenship.
OPTIONS FOR THE CITIZENSHIP PROGRAM:
The National Economic Fund (NEF) – CONTRIBUTION
The National Economic Fund of USD 240,000 for the main applicant and up to three qualifying dependents. For each subsequent qualifying dependent aged 18 or older, an additional USD 20,000 is required, while for each subsequent qualifying dependent under the age of 18 (0-17), an additional USD 10,000 is required
REAL ESTATE INVESTMENT
To qualify for citizenship under the real estate option, the government requires applicants to make an investment in an approved real estate project in Saint Lucia US $300,000 plus applicable administration fees.