To qualify for citizenship, applicants must:
Option 1: Contribution to the National Economic Fund
A contribution of USD 240,000 for the main applicant and up to three qualified dependents to the National Economic Fund.
Option 2: Purchase of Government Bonds
Investment in government bonds with a minimum amount of $300,000. which must be held for a minimum period of 5 years.
Option 3: Real Estate Investment
Purchase of approved real estate project worth at least $300,000. The Real-estate property must be held for a minimum period of 5 years.
Option 4: Business Investment
Applicants can qualify by investing in a government-approved business projects. For individual investors, the minimum investment required is $3.5 million. Alternatively, group investment of at least $6 million. In this case, each participant must contribute a minimum of $1 million. This investment approach allows for participation in approved projects, promoting economic development while offering potential benefits for investors.
Note: Eligible sectors include speciality restaurants, cruise ports and marinas, agro-processing industries, pharmaceutical items, research institutions, offshore universities, housing projects, and social development initiatives.
The Citizenship by Investment Board oversees a specialised unit and manages the St. Lucia Citizenship by Investment Program. When you apply, Emirates Advisory will manage your application and submit it electronically and on paper. The outcome may be grant, denial, or delay for cause. Every paper must be in English.
Before processing your application, you must submit all needed supporting documents and the nonrefundable costs for yourself, your spouse, and any qualified dependents. Once your application is approved in principle, Emirates Advisory will notify you that you must pay the qualifying investment and government costs before receiving your citizenship certificate.
Make sure to pay the needed amount within 90 days of obtaining your approval notification. After everything has been settled, you must sign an oath of allegiance in front of a trained legal professional. It is worth noting that the minister has the authority to revoke citizenship in unusual circumstances.
There are no restrictions on dual citizenship in St. Lucia.
You can quickly obtain a passport without visiting the country at any point during the application process.
Acquiring Saint Lucia citizenship through investment requires a few months of processing time. The longest stage, known as due diligence, typically lasts about three months. In addition, the duration of the term is dependent upon the investor’s personal situation, including their ability to promptly submit all necessary documentation and fulfil the investment conditions.
Here are some benefits of holding a St. Lucia passport:
Investors have the opportunity to select from five different investment options available under the St. Lucia citizenship program:
In addition, investors are responsible for covering state and bank fees and any costs associated with legal services. At Emirates Advisory, we provide personalised cost calculations to meet your specific needs.
Investors can return their funds within a 5-year period by investing in either government bonds or real estate. Applicants are required to pay attention to the established minimum ownership periods. If you decide to sell your property or bonds before a certain time, you may lose your citizenship.
Yes, St. Lucia can be called a tax haven, although this is more of a figurative explanation. The country adheres to international anti-money laundering regulations and does not impose taxes on global income, inheritance, capital gains, or wages.
St. Lucia allows its citizens to have dual citizenship. This means you don’t need to renounce your first citizenship when obtaining a St. Lucian one.
The main applicant will be required to attend an online or in-person interview.
Passports issued by St. Lucia are valid for 5 years.
Yes, family members can be included in your Saint Lucia citizenship application. Dependent children must be under 30 years old, unmarried, and financially reliant on the main applicant. The number of dependents included may require an additional investment.
No, if you obtain citizenship through the Saint Lucian Citizenship by Investment Programme, you will not be required to live there to maintain it. In St. Lucia, dual citizenship is permitted, allowing people to be citizens of two or more countries simultaneously.
Once you have obtained Saint Lucian citizenship through the investment scheme, your travel or place of residence is not limited, and you are not obligated to live in St. Lucia or stay there for a set period of time.
It is critical to note that all St. Lucian citizens, regardless of how they obtained their citizenship, must observe the country’s regulations and laws, and violating them might result in citizenship being withdrawn.
Yes, Saint Lucia’s citizenship by investment plan is well-known worldwide. It is recognized and overseen by the St. Lucian government.
St. Lucia is located on stunning islands in the heart of the Caribbean and is known for its breathtaking landscapes, vibrant culture, and welcoming community. St. Lucia offers a unique blend of natural beauty and modern amenities, including the iconic Pitons, pristine beaches, and lush rainforests.
The economy of St. Lucia is based on tourism and agriculture, and the government actively promotes investment through attractive incentives.
The island is well connected by air, with two international airports offering direct flights to major cities in North America and Europe.
St. Lucian citizens are offered visa-free or visa-on-arrival access to over 140 countries, including popular destinations such as:
St. Lucia is a member of the United Nations, CARICOM, the Organization of Eastern Caribbean States, and the Commonwealth of Nations, which enhances its international standing and provides economic and diplomatic benefits to its citizens. The country has made significant progress in renewable energy, environmental protection, and climate change mitigation, safeguarding its natural beauty and resources for future generations.