St Lucia Citizenship by Investment: The Complete Guide

About St Lucia 

An independent Commonwealth country, St Lucia got independence from the UK on February 22, 1979. The day is celebrated as a public holiday every year. The history of St Lucia is largely influenced by the native Carib people, the French, Africans, and the British.

One among the Windward Islands, St Lucia has more mountains compared to the whole Caribbean islands. The highest point of St Lucia is Mount Gimie at 950 m above sea level.

The other two famous mountains are the Pitons (Gros Piton & Petit Piton), which are also the most popular landmarks of St Lucia.

St Lucia has a lot to offer in terms of natural beauty. The place offers you amazing hiking trails, lovely beaches, a drive-in volcano, refreshing waterfalls, exciting street parties, and some incredible restaurants. 

This is why St Lucia gets many visitors from different parts of the world – making tourism a major contributor to the economy of St Lucia.  

Along with tourism, St Lucia is also known for its banana export. Though the importance of agriculture in the economy of St Lucia has seen a decline, it continues to play a key role.

The official language of St Lucia is English, but the locals also speak French Creole. The country is also a member of the United Nations, OECS, CARICOM, and the Eastern Caribbean Currency Union. The regional currency of St Lucia is the Eastern Caribbean dollar, XCD.

It majorly attracts foreign business and investment in tourism and international banking.

St Lucia offers its residents a luxurious lifestyle which is why its Citizenship byInvestment program is considered the most popular among the Caribbean programs.

And in this blog, we will help you understand the step-by-step process of getting St Lucia Citizenship by investment.

Benefits of St Lucia Passport 

Apart from the natural beauty, St Lucia has to offer, there are various other reasons that a St Lucia passport proves beneficial for you. St Lucia citizenship by investment program is:

ü  Among the fastest citizenship process. Your application will get processed in just 3 months

ü  Perfect for our family as it allows the inclusion of your spouse, children, parents, and grandparents

ü  Flexible with the citizenship requirements, no need for residency or visitation

ü  Among the powerful passports. Get visa-free and visa-on-arrival to 140+ countries, inclusive of the Schengen zone, Singapore, the UK, and more

ü  A tax-efficient country with no tax wealth, and inheritance

 

Saint Lucia Passport Requirements

To get the Saint Lucia second passport, you need to fulfill certain requirements. These prerequisites include:

ü  You must be 18 years or above

ü  You need to make the required investment

ü  Give proof of the respective investment

ü  Your character should be outstanding

ü  You should be in a good state of health

ü  There should be no criminal record

ü  You must pass the due diligence

Investment Options for Saint Lucia Citizenship

You have four investment options to choose from when it comes to St Lucia Citizenship by Investment program

1. Contribution to NEF, St Lucia National Economic Fund

It is a distinct fund created for Citizenship by Investment. This fund aims at receiving qualified investments for funding Government-sponsored projects. If you take this option, then you are required to make a minimum contribution of US$ 100,000 for a single applicant.

 

2. Invest in Covid-19 Relief Bond

This allows the applicants to make an investment in a noninterest-bearing Government bond. There is no processing fee applicable to the applicant under this option. The bond needs to be registered and must remain in the applicant’s name, right from the date of the first issue. The minimum amount payable for a single applicant is US$250,000 with a five-year holding period.

 

3. Government Bonds

Using this option, you can make your citizenship application by purchasing noninterest-bearing Government bonds. The bonds need to be registered and must remain in the applicant’s name, right from the date of the first issue for a five-year holding period. The investment cost for a single applicant is US$500,000.

 

4. Invest in Pre-Approved Real Estate

Under this option, you will have to invest a minimum of US$ 300,000 in an approved Real estate investment.

 

Once you make the required contribution and clear the due diligence along with other requirements, your process for citizenship by the program will be smoothly completed. Make sure to work with a government-approved second citizenship immigration service provider.

At AAA Associates, you will get the expert assistance of our proficient consultants who have been offering unmatchable second citizenship services. Our 20+ years of experience will help you get your second strong passport in a smooth and hassle-free manner.

For more details about St Lucia Citizenship by Investment program, call us at +971 4 563 9500