Citizenship By Investment
Saint Lucia is the newest and arguably the best-positioned citizenship by investment program in the Caribbean. Vibrant, discerning and alluring, Saint Lucia offers all the tropical benefits of the region while being exclusive, authentic and engaging.
Total Area617 km2
CurrencyEast Caribbean Dollar
Saint Lucia has inherited decades of experience from its Caribbean neighbors. By hand-picking only the best practices, the Citizenship by Investment Board is committed to making the program the most efficient for investors while providing unmatched benefits for the country and its people.
Saint Lucia recognizes dual citizenship, which can prove advantageous for business expansion and tax relief. Other benefits including the following:
Fast ProcessFast processing within 3 months
Attractive Tax SystemNo tax on worldwide income
Remote ResidencyNo physical residency requirements
Visa-free TravelVisa-free travel to more than 100 countries, including Europe’s Schengen zone, the UK and Hong Kong
Optional TravelNo requirement to travel to Saint Lucia during the application process
Flexible RequirementsNo interview, education or managerial experience required
Handicap FriendlyInclusion of mentally or physically challenged dependent children and/or parents
Family OrientedInclusion of dependent parents over 65 who are currently residing with the applicant
Saint Lucia’s Citizenship by Investment Program was established in 2015 under the regulations of the Citizenship by Investment Bill 2015, making it the most recent addition to the citizenship by investment programs in the Caribbean region.
To qualify for citizenship in Saint Lucia, applicants must fulfill one of the investment options in addition to meeting the following criteria:
High net worth individuals may choose to make a monetary contribution to the NEF organization via one of the prescribed contribution levels:
Applicants may purchase a property for a minimum of US$300,000 in a pre-approved real estate development area. The property must be owned and maintained for a minimum of five years. Property registration, processing fees and taxes must be paid in addition to the property purchase.
Upon approval an applicant and accompanying family may opt to invest in Saint Lucia government bonds, which must be held for five years. The bond amount will vary depending on the size of the family:
Applicants may invest a minimum of US$3.5 million in an approved enterprise project and create at least three jobs. A group investment of US$6 million is possible for up to six qualified applicants, with each person making a minimum investment of US$1 million. Collectively, the group must create six jobs.
Approved enterprise projects must fall under one of the following categories: specialty restaurants, cruise ports and marinas, agro-processing plants, pharmaceutical products, ports, bridges, roads and highways, research institutions and facilities, or offshore universities.
The following table breaks down the Saint Lucia program process into six basic steps. Each step must be completed before continuing to the next.
File preparation. RRA Capital issues pre-approval letter. Advisory and due diligence fees are due at this step.
Citizenship file submission.
Government’s Citizenship-by-Investment Unit issues Approved in Principle letter.
Investment made in selected option. Payment of government fees, if applicable.
Naturalization Certificate issued.
Submission of passport application. Passport issued.
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