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St. Lucia Citizenship

Specifics of international private law
Citizenship Euro > St. Lucia Citizenship

BENEFITS 

  • Most affordable option to single applicants
  • A St. Lucian passport provides visa-free travel to 127 countries, including the Schengen Area, U.K. and Hong Kong
    Unrestricted right to live, travel and study in St Lucia and in the CARICOM
  • No residence or visitation requirements
  • A range of investment options are available
  • Attractive investment and processing costs
  • The opportunity to maintain dual citizenship
  • Citizenship acquired in 3-4 months
  • Inclusion of dependent parents over the age of 65
  • Inclusion of dependent children under 25

The Saint Lucia Citizenship by Investment Programme commenced in December 2015 following the Citizenship by Investment Act No. 14. The Act enables individuals and families to acquire Saint Lucian citizenship upon making a qualifying investment.

St Lucia is located in the East of the Caribbean sea. St. Lucia is one of the most politically and economically stable countries in the region and have served to attract foreign business and investment.

St. Lucia is an independent Commonwealth State, having gained independence from the UK on 22 February 1979. This is the day they celebrate each year with a public holiday. The country’s history has been influenced by the native Carib people, Africans, the British and the French.

 

The Island is a member of the Commonwealth of Nations, the Caribbean Community (CARICOM), the Organisation of Eastern Caribbean States (OECS), and the International Organisation of La Francophonie.

 

The natural beauty of the Island makes it a popular tourist destination, with attractions including the rain forest, national parks, botanical gardens, a world heritage site, gorgeous Caribbean beaches and even a drive-in volcano. English is the official language of St. Lucia but most locals also speak French Creole.

 

The island nation attracts foreign business and investment, especially in its offshore banking and tourism industries. Tourism is St. Lucia’s main source of employment, foreign exchange earnings and income, accounting for 65% jobs and income, accounting for 65% of its GDP. Its manufacturing sector is the most diverse in the Eastern Caribbean area. Crops such as bananas, mangos, and avocados are grown for export.

$ 100000

Contribution

The first option is a contribution of US$ 100,000, to St Lucia’s National Economic Fund.

FINANCIAL CRITERIA

 

The Saint Lucia Citizenship by Investment Programme offers four routes for satisfying the financial criteria – consisting of both investment and contribution options.

 

FINANCIAL CRITERIA: OPTIONS

 

The first option is a contribution of US$ 100,000, to St Lucia’s National Economic Fund. This deposit goes to national projects with the purpose of further strengthening the economy of the country.

 

The second route is an investment in real estate amounting to US$ 300,000, which property is to be kept for 5 years.

 

Another possibility is an investment of US$ 500,000 in Government bonds – also to be kept for 5 years, or an investment of US$3.5million in an approved enterprise project. This fourth option provides the flexibility of joint investment, in which case a group of 6 individuals may contribute US$1million each.

St Lucia has the Caribbean’s sixth most powerful passport

 

St Lucia recorded the largest growth in the region by leaping five spots in the worldwide rankings from 36th place in 2017 to 31st place in 2018.

 

Barbados maintained first place in the Caribbean, placing 21st on the list, followed by the Bahamas (23rd), St Kitts and Nevis (26th) and Antigua and Barbuda at 27th place.

 

Trinidad and Tobago increased by two spots compared to its 2017 ranking, placing 30th in this year’s list.

 

The Caribbean rankings are as follows:

 

  1. 21st – Barbados (visa-free access to 161 destinations)
  2. 23rd – Bahamas (visa-free access to 155 destinations)
  3. 26th – St Kitts & Nevis (visa-free access to 151 destinations)
  4. 27th – Antigua and Barbuda (visa-free access to 150 destinations)
  5. 30th – Trinidad and Tobago (visa-free access to 147 destinations)
  6. 31st – St Lucia (visa-free access to 146 destinations)
  7. 32nd – St Vincent & the Grenadines (visa-free access to 145 destinations)
  8. 33rd – Grenada (visa-free access to 144 destinations)
  9. 37th – Dominica (visa-free access to 137 destinations)
  10. 61st – Jamaica (visa-free access to 84 destinations)
  11. 75th – Dominica Republic (visa-free access to 66 destinations)
  12. 76th – Cuba (visa-free access to 65 destinations)
  13. 89th – Haiti (visa-free access to 52 destinations)

 

 

 

QUESTIONS & ANSWERS

 

1:Will a St. Lucian citizenship automatically grant me European citizenship?

No, because the Caribbean countries are not members of the EU. However, holders of a St. Lucian passport enjoy visa free travel for up to 90 days to many countries, including the European Union, specifically all European countries of the Schengen area.

2:How long does it take to get the St. Lucian Citizenship or passport? What is the process?

Typically, the full process of obtaining citizenship will take between three to four months for St. Lucian passport. Upon request, a complete set of required forms as well as an application guide with detailed explanations regarding all forms and documents will be prepared and sent to you by courier.

3: Which Caribbean nation grants citizenship against business investment, other than real estate?

Antigua and Barbuda offer citizenship against USD 1,500,000 million business investment in approved business projects such as resorts, spas, hotels, aquaculture, etc. The investor can be a sole investor (or) a joint investment involving at least 2 persons in an eligible business totaling at least USD 5,000,000 and each of those persons individually invests at least US$400,00.

St Lucia offers Enterprise investment of USD 3,500,000 in business projects.

Our lawyers will consult you on the phone and meet you in person.

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