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Saint Lucia Citizenship by Investment

Saint Lucia at Glance

Saint Lucia is a vibrant sovereign island nation located between the Caribbean Sea and Atlantic Ocean. A former colony passed of both France and England, it finally gained its independence in 1979.

While small, St. Lucia offers a wealth of unique natural splendors. A rare “drive-through” volcano amidst active Sulphur springs. The Pitons, St. Lucia’s signature twin volcanic peaks which are also a picturesque World Heritage Site. The colorful Anse Chastanet coral reef. The lovely fishing village of Soufrière. Diamond Falls with its gorgeous gardens, famous waterfall colored by mineral deposits, and mineral hot spring baths.

Pigeon Island National Park, a historical park with hiking trails. And of course, Rodney Bay, St. Lucia’s most popular tourist destination with luxurious hotels, entertainment, the island’s biggest mall, and fine dining.

The St. Lucia Citizenship by Investment Program was established in 2015, making it the newest Caribbean CIP. Benefitting from the decades of experience other Caribbean CIPs have, St. Lucia has had the advantage of implementing only the best practices of each one.

Investment Options

The St. Lucia Citizenship by Investment program offers four different investment pathways for applicants and their families to secure an irrevocable second passport and citizenship in St. Lucia.

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Saint Lucia National Economic Fund

The Saint Lucia National Economic Fund was created to fund government-sponsored projects geared toward strengthening St. Lucia’s economy.

The required contribution amounts are as follows:

  • US$100,000 - Main applicant
  • US$165,000 - Main applicant and spouse
  • US$190,000 - Main applicant, spouse and two qualifying dependents
  • US$25,000 - Each additional qualifying dependent

In addition to the investment, the following processing and due diligence fees are required:

Processing Fees:

  • US$2,000 – Main applicant
  • US$1,000 – Each additional dependent including spouse

Due Diligence Fees:

  • US$7,500 – Main applicant
  • US$5,000 – Spouse
  • US$5,000 – Each dependent 16 and older
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Real Estate Developments

These designated development projects offer investment opportunities in government-approved real estate. This includes high-end hotels and resorts, as well as upscale boutique properties. You are required to retain your real estate investment for 5 years from the grant of citizenship.

The real estate development option requires an investment of at least US$300,000 in a government approved property.

In addition to the investment, the following processing, due diligence, and government fees are required:

Processing Fees:

  • US$2,000 – Main applicant
  • US$1,000 –Each additional dependent including spouse

Due Diligence Fees:

  • US$7,500 - Main applicant
  • US$5,000 - Spouse
  • US$5,000 - Each dependent 16 and older

Government Fees:

  • US$50,000 - Main applicant
  • US$35,000 - Spouse
  • US$35,000 - Dependents 18 and older
  • US$25,000 - Dependents under 18

Property registration, processing fees, and taxes must also be paid.

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Enterprise Projects

Investments in government-approved enterprise projects must fall into one of seven designated categories and create jobs. Specific details below.

Categories:

  • Specialty restaurants
  • Cruise ports and marinas
  • Agro-processing plants
  • Pharmaceutical products
  • Ports, bridges roads and highways
  • Research institutions and facilities
  • Offshore universities

The enterprise option requires a minimum investment of at least US$3,500,000 in an approved enterprise project.

The required contribution amounts are as follows:

  • US$3,500,000 for a single applicant + create 3 permanent jobs
  • US$6,000,000 for a joint venture with multiple applicants. Each applicant must contribute no less than US$1,000,000 + create 6 permanent jobs

In addition to the investment, the following processing, due diligence and government fees are required:

Processing Fees:

  • US$2,000 – Main applicant
  • US$1,000 –Each additional dependent including spouse

Due Diligence Fees:

  • US$7,500 - Main applicant
  • US$5,000 - Each dependent 18 and older

Government Fees:

  • US$50,000 - Main applicant
  • US$35,000 - Dependents 18 and older

US$25,000 - Dependents under 18

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Government Bonds

An investment in government bonds must be registered and remain in the applicant’s name for 5 years from the date of issue. The bonds cannot accrue interest.

This option requires a minimum investment of at least US$500,000 in government bonds.

The required contribution amounts are as follows:

  • US$500,000 for a single applicant
  • US$535,000 for main applicant and spouse
  • US$550,000 for main applicant, spouse and two qualifying dependents
  • US$25,000 for each additional qualifying dependent

In addition to the investment, there is an applicable administration fee of $50,000 per application.

Qualifications & Conditions to Apply

In addition to the monetary investment requirements, there are several other conditions that applicants must meet in order to apply to the St. Lucia Citizenship by Investment program:

  • At least 18 years old.
  • Be of outstanding character.
  • Be in excellent health.
  • Hold no criminal record.

Able and willing to make the required contribution.

Application Process

The St. Lucia Citizenship by Investment Program is straightforward and efficient. The application processing time usually takes no more than 3 months from submission.

Required Documents:

The application, in order to be considered complete and admissible, should include the general list of documents below. Depending on your specific circumstanced, additional documents may be required.

  • Proof of payment of non-refundable processing and due diligence fees
  • Document Checklist SL1
  • Use of Authorized Agent Form SL2
  • Statement of Alternative Citizenship SL3
  • Investment Confirmation Form SL4
  • Application for Registration as citizen of Saint Lucia (SL5)
  • Birth Certificate
  • Proof of name change (if applicable)
  • Certificate of citizenship (if applicable)
  • Permanent resident card or certificate (if applicable)
  • National identity card (if applicable)
  • Military records (if applicable)
  • Photograph and Signature Certificate SL6
  • 6 passport-sized color photos within 6 months of each applicant
  • copy of all pages of current passport(s)
  • Proof of residential address valid within 3 months prior to application (lease agreement, bank statement or utility bill)
  • Marriage Certificate/Divorce Decree (if applicable)
  • Professional Reference (from attorney, chartered accountant or other similar professional) valid within last 6 months
  • CV for every applicant 18 and over
  • Bank reference letter issued by internationally recognized bank (valid within last 6 months)
  • Sworn affidavit of support of spouse and other qualifying dependents (SL7)
  • Certified Copies of professional and academic certificates (for every applicant 18 and over)
  • Police Record from country of birth, country of citizenship, country of residence (if different), and any country in which the applicant has resided in the past 10 years, for each applicant 16 years and over.
  • Certified copy of current and expired visas
  • Medical examiner details and declaration (SL8)
  • Official transcripts or written confirmation from a recognized school, university or college of qualifying dependent between ages of 18-25
  • Custody or legal guardianship records
  • Statutory declaration of a non-accompanying parent of a qualifying dependent younger than 18 indicating that she/he has no objection to child acquiring St. Lucia citizenship
  • A certified copy of a photo ID of a non-accompanying parent with his/her signature

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All color copies must be notarized and legalized prior to submission. All documents not in English must be translated, notarized, and legalized.

St. Lucia Passport

The passport for St. Lucia is valid for 5 years and can be renewed for life. The passport can be renewed for a fee at any Lucia’s consulate, embassy, high commission office, or at the Royal Saint Lucia Police Force passport office in Castries, the nation's capital. Our team at HNWI can also take care of the renewal on your behalf when the time comes.

What are the benefits of having St. Lucia citizenship and passport?

There are many reasons that the U.S. has become the successful melting pot that it is – people from around the world flock to this land of economic success and opportunity to chase their own version of the American Dream.  When it comes to outlining all of the benefits of securing a permanent residence in the United States, there are just far too many. Some specific key benefits include the following:

Minimum Requirements:

  • No requirement to travel to St. Lucia during the application process
  • Fast application processing
  • No requirement to live in St. Lucia, though you certainly can
  • No language requirement
  • No restrictions on dual citizenship

Financial

  • No tax on worldwide income generated outside the country
  • Stable currency pegged to US Dollar
  • Discreet banking

Lifestyle

  • Visa-free (and visa-on-arrival) travel to approximately 150 countries including the EU Schengen Area, UK, Hong Kong and Singapore
  • The right to live, work and study permanently in the country
  • Family-inclusive program.Immediate dependent family members including your spouse, children under 25 and elderly parents over 65 can also obtain a second passport.
  • Future generations will automatically secure citizenship
  • Many festivities and celebrations all year round


Business

  • Member of CARICOM, The Commonwealth of Nations, the United Nations, OECS, the Eastern Caribbean Currency Union and the International Organization of La Francophoni
  • Tourism, agriculture and offshore banking drive the economy
  • Educated and skilled workforce
  • Stable economy
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Make paradise your home in St. Lucia, where luxury, breathtaking views, natural splendors, and outdoor adventures abound. As the newest Caribbean Citizenship by Investment Program, St. Lucia capitalized on all of the other Caribbean programs’ experience, only incorporating their most successful practices. When it comes to increasing your mobility, protecting and growing your financial assets, and expanding your business, all while living in a tropical haven, a second passport in St. Lucia is a valuable investment for high net worth individuals to realize all of these goals.

If you are interested in learning more about the St. Lucia Citizenship by Investment Program, please contact us today for your free initial consultation.

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