Interested in how to get citizenship of St Lucia? Discover the details of the application process, costs and benefits of the St Lucia Citizenship by Investment program.
St Lucia Citizenship by Investment – The Ultimate Guide
In an uncertain world increasing numbers of people are looking for the security of a second citizenship for themselves and their families. A second passport can provide greater freedom to travel internationally, peace of mind, as well as financial benefits. Several Caribbean island nations offer citizenship to eligible applicants including the island of St Lucia.
We put together this guide for investors wondering how to get citizenship of St Lucia and considering applying for the island’s Citizenship by Investment Program. The St Lucia Citizenship by Investment Program enables qualifying investors to apply for full citizenship in exchange for a significant investment in the nation’s economy. There are several approved investment routes available to investors. Our guide covers all aspects of the program from eligibility requirements, investment options and application costs through to the benefits of citizenship.
Find Out More About the St Lucia Citizenship by Investment Program
In 2016 St Lucia introduced a Citizenship by Investment Program (CIP) offering eligible investors the opportunity to acquire full citizenship of the island in exchange for an investment in a designated real estate project or a financial contribution.
The St Lucia Citizenship by Investment Program offers several benefits to applicants as follows:
Full Citizenship for Life
Successful applicants become full citizens of St Lucia with the right to live and work on the island and in other Caricom (Caribbean Community) countries. St Lucian citizens also enjoy all the rights and privileges of citizenship of a Commonwealth country in the UK and other Commonwealth countries.
No Residency Requirement
Successful applicants are not required to permanently reside in St Lucia but the option is available.
Visa-Free Travel Worldwide
Successful applicants receive a St Lucian passport which offers visa-free or visa on arrival access to 145 countries worldwide, including the EU and the UK.
Attractive Tax Regime
An attractive tax regime offers freedom from inheritance tax, capital gains tax and wealth tax.
Fast Track Application Process
Thanks to a straightforward application process you could receive your new St Lucian passport in 3 to 4 months.
The program allows for family members to apply together, including spouses, children, parents and grandparents of the main applicant.
Dual Citizenship Permitted
St Lucia recognizes dual citizenship so there is no requirement under St Lucian law for applicants to give up their current citizenship.
To be eligible for St Lucia’s citizenship program, the main applicant must be over 18 years of age, submit an application in accordance with the process and meet the minimum required investment levels of one of the investment options outlined below.
To qualify for St Lucia’s Citizenship Program, applicants are required to make a significant financial contribution to the country via one of the below routes. In addition to the investment, due diligence and government processing fees must also be covered by the applicant.
Real Estate Investment
An investment in an approved St Lucia real estate project (N.B. the property must be held for a minimum of 3 years).
Joint investment: Minimum USD $300,000.
Independent investment: Minimum USD $400,000.
The National Economic Fund (NEF)
A non-refundable financial contribution to St Lucia’s National Economic Fund (NEF).
Main applicant: USD $100,000
Main applicant plus spouse: USD $165,000
Family of up to four members: USD $190,000
Each additional dependent: USD $25,000
An investment into a pre-approved enterprise, either as sole investor or joint investor.
Sole investment: Minimum USD $3,500,000
Joint investment: Minimum USD $1,000,000 each with total investment valued at US $6,000,000
An investment into government bonds (N.B. must be held for a minimum of 5 years).
Family of up to four members: USD $550,000
Each additional dependent: USD $25,000
Decisions on applications for citizenship of St Lucia are typically made within 3 months of submission of the application form.
The application process involves the following steps:
- Applicants for the St Lucia Citizenship by Investment Program are required to complete application forms which must be submitted in the English language in print and in digital form, together with all required supporting documentation and fees, via an authorized Agent. We can introduce you to respected Agents with experience of the CIP Program.
- The application will be thoroughly reviewed by the Citizenship by Investment Board.
- Strict due diligence will be conducted in relation to the application.
- If approved, applicants are required to pay the remaining fees. The passport(s) will then be made available to successful applicants.
Searching for real estate approved for the St Lucia Citizenship by Investment Program?Several of our property listings in St Lucia are approved projects under the CIP program.
Several of the listings on our site are officially approved projects which means that an investment in to one of them provides eligibility to apply for citizenship of St Lucia.
Search our St Lucia real estate listings or contact us to discover your options.
Non-refundable government processing fees:
- $2,000 USD for the main applicant.
- $10,000 USD for each qualifying dependent.
Non-refundable administration fees (applicable for an approved real estate or enterprise project investment):
- $50,000 USD for the main applicant.
- $35,000 USD for each qualifying dependent.
Non-refundable due diligence fees – payable upon submission of application:
- $7,500 USD for the main applicant.
- $5,000 USD for each qualifying dependent.