St. Lucia

Saint Lucia recognizes dual citizenship, which can prove advantageous for business expansion and tax relief. There are four types of investment that qualify an individual for citizenship under the St Lucia Citizenship by Investment Program.

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. To qualify for citizenship in Saint Lucia, applicants must fulfill one of the investment requirements below in addition to the following criteria:

Contribution to the National Economic Fund (NEF)

This can be done by making a donation as mentioned below:

• Single applicant – US$100000
• Main applicant with spouse – US$165000
• Family with up to 3 dependents (spouse + 2 children) – US$190000
• Each additional dependent – US$25000

The property purchased must equal a minimum of US$ 300,000 in a pre-approved real estate development area. The investment must be maintained for a minimum of 5 years. Property registration, processing fees and taxes must be paid in addition to the property purchase.

There is option to invest not less than US$3.5 million in some approved enterprise project and lead to creation of at least three jobs. A shared investment of US$6 million and creation of six jobs can also be done by two applicants. Approved Enterprise projects include roads and highways, ports, bridges, specialty restaurants, agro-processing plants, pharmaceutical products, cruise ports and marinas, research institutions and facilities, or offshore universities.

Applicant can make investment in government bonds for at least five years. The investment amount is dependent on number of family members.

• Single applicant – US$500000
• Main applicant with spouse – US$535000
• Family with up to 3 dependents (spouse + 2 children) – US$550000
• Each additional dependent – US$25000

An administration fee of US $50,000 is charged per application for investing in Saint Lucia government bonds.