St Lucia citizenship maintains the most suitable investment amounts

St Lucia citizenship maintains the most suitable investment amounts

St Lucia citizenship Program

Since the creation of the St Lucia citizenship program recently (2015), this delay has given Saint Lucia many lessons from other Caribbean countries in order to strengthen the citizenship program system and not to put any loopholes that would later affect its citizens or investors who will obtain their citizenship and thus maintain the strength of his passport.

St Lucia citizenship program has been and still is the cheapest citizenship for individuals without families, but after recent updates it has become suitable for families and single individuals alike.

You can invest in Saint Lucia real estate to get citizenship, and this option provides potential income with long term value, because when you invest in Saint Lucia real estate, you can rent the property and resell it after 5 years. It is worth noting that the minimum real estate investment is $200,000, and it has been reduced from $300,000.

But the most popular benefit of obtaining a St. Lucia passport is the non-refundable contribution to the St. Lucia International Economic Fund in the amount of $100,000.

It is worth noting that St. Lucia is the only country that offers government bonds to obtain citizenship through the Commercial International Bank (fully refundable after 5 years and without interest).

Imagine that when you hold the citizenship of Saint Lucia, you will need a prior visa for only 58 countries, most of which are third-level countries, and most of them are located in the continent of Asia and Africa, because the Saint Lucia passport is very important and strong and ranks 32 among the rest of the passports in the world, with the possibility of entry 147 countries without a visa, whose passport has moved up 10 places in the last 10 years.

How does the life of individuals change after obtaining the St Lucia citizenship?

✪ The limits of the advantages offered by the Saint Lucia passport are not limited to entering countries without a visa, but also obtaining long-term residence while entering without a visa. Most of them allow residence for a period ranging from 3 to 6 months annually.

✪ The possibility of obtaining a tourist visa to America for a period of 5 years with eligibility for permanent residence in all countries of the Caribbean Community.

✪ Saint Lucia, with its pristine beaches, is an ideal holiday choice.

✪ Citizenship for life for investors and their family members, because Saint Lucia citizenship is guaranteed and part of the country’s constitution.

✪ The application process is confidential and not shareable with other governments, and Saint Lucia citizenship accepts dual citizenship.

✪ There is no requirement to visit Saint Lucia to obtain citizenship. You can obtain a remotely citizenship without having to pass language tests or residency requirements.

✪ Rapid process of citizenship (70 days), as it is the fastest programs for obtaining citizenship.

✪ Sant Lucia only taxes salaries within Saint Lucia, means there is no tax on income outside Saint Lucia or capital and inheritance taxes.

✪ Because St. Lucia is one of the countries of the British Commonwealth, this gives many advantages to St. Lucia citizens, as some of them study for free or with great discounts in the best British universities.

✪ The opportunity of opening companies and offshore bank accounts in all countries of the world.

Sant Lucia’s passport is ranked 32nd in the world with visa-free access to 147 countries. Among the countries that you are allowed to enter without a visa are Canada, Britain and South Korea, in addition to all Schengen countries.

Amounts and investment methods to obtain St Lucia citizenship

St. Lucia made many changes in 2023 in order to facilitate all aspects of its citizenship applications, St Lucia citizenship is now a cheap option for families, and it has also reduced the real estate investment option. The investment methods and amounts are as follows:

◯ $100,000 as an investment to the National Economic Fund (one-time non-refundable).

◯ $200,000 in approved real estate projects (hotels, resorts, shops, homes) and the possibility of resale after 5 years with non-refundable administrative fees.

◯ $300,000 in special discount, interest-free government bonds (fully redeemable in 5 years) with a non-refundable administration fee and a limited offering that will run through 2023.

◯ The government issued a $500,000 Treasury bond option.

◯ $3,500,000 in joint commercial projects (universities, ports, research, oil, manufacturing plans, highways, and agriculture).

Dependents and age restrictions for St Lucia citizenship

▣ The applicant’s spouse;

▣ A child of the applicant or his/her spouse who is 21 years of age or younger;

▣ A child of the applicant or his/her spouse not more than 30 years of age and fully supported by the applicant;

▣ The applicant’s child or spouse, of any age, if he/she is physically or mentally disabled and fully supported by the applicant;

▣ A parent of the applicant or spouse over 55 years of age who is fully supported by the applicant;

▣ A parent of any age who has a physical or mental disability and has the full support of the applicant;

▣ An unmarried sister or brother of the applicant under the age of 18 who has obtained the consent of his parents or guardian to apply for citizenship by investment.

Additions after obtaining St Lucia citizenship

✬ Newborns $5,000.

✬ Addition of future spouse $35,000.

✬ Adding brothers, sisters, children, parents and grandparents later, $25,000.

Recent adjustments in St Lucia citizenship

To facilitate the application process and simultaneously strengthen the St Lucia citizenship program system, the St Lucia citizenship Unit has made several important changes, the most important of which are:

❆ Reducing real estate investment to $200,000 as a share in a resort.

❆ Government bonds are now $300,000 cheaper for limited families.

❆ St Lucia citizenship unit has now started exporting biometric passports for passport security.

❆ A newborn child can be added up to 12 months after obtaining citizenship by paying $5,000.

❆ Launching a new electronic payment platform to avoid delaying payments through banks.

❆ Expanding the category of added dependents to include all investment options to obtain the citizenship of St. Lucia, which includes (spouse, children, parents, grandparents and siblings) with the age that were specifically mentioned in the section of adding family members.

❆ The processing time for citizenship by investment applications has been reduced to 56 days, making it the fastest citizenship programs in the world.

To apply for the Saint Lucia program, you can apply through Global Citizen Consultants, as we are one of the offices approved by the Government of Saint Lucia for citizenship. And if you have any questions related to obtaining St. Lucia citizenship, you can leave us a message, and we, in turn, will provide you with the data of all the information that you requested because we have years of experience in dealing with the St. Lucia passport by investment.