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ST.LUCIA

St. Lucia offers a Citizenship by Investment (CBI) program that allows foreign investors and their families to obtain citizenship through real estate investment.

  Investment Options:

  •    To qualify for St. Lucia citizenship, you can invest in approved real estate properties. The minimum investment required is USD 200,000.
  •   You can choose to purchase either a full or limited share in an approved hotel or resort in St.Lucia
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Program that allows foreign investors and their families to obtain citizenship

Approved Real Estate Projects:

St. Lucia has several government-approved real estate projects under its CBI program. These projects provide investment opportunities for prospective citizens.

Two notable approved projects are:

Canelles Resort:

  •  Developed by the Galaxy Group and managed by AMResorts (a subsidiary of Apple Leisure Group).
  • Offers luxury accommodations with spacious rooms and suites.
  • Provides a picture-perfect vacation experience with welcoming service and romantic inclusions.
  •  Requires a minimum investment of US $300,000 in the Canelles Resort Saint Lucia Real Estate Project.


Alpina St. Lucia Hotel:

  • Part of the “Equine Lagoon” under Site A of the PEARL OF THE CARIBBEAN Integrated Resort Development.
  •  Located approximately 5 minutes from the Hewanorra International Airport.
  •   Managed by Alpina Management AG, the management company of The Alpina Mountain Resort & Spa in Switzerland.
  • Offers an advantageous location near tourist attractions along the pristine Caribbean Sea.
  • Requires an investment amount based on the desired duration of the visa (3-year, 5-year, or 10-year residence visa).

 Benefits:

  •  Successful applicants and their families gain full St. Lucia citizenship and receive a St. Lucian passport.
  •    Enjoy visa-free travel to 148 countries.
  •    No language requirement.
  •    Dual citizenship is allowed.
  •    No need to reside in St.  Lucia to obtain or retain citizenship.


Types of visa required and processing time

 Visa Requirements:

St. Lucia offers a Citizenship by Investment (CBI) program that allows foreign investors to obtain citizenship through real estate investment.

  To qualify, applicants must:

  •   Be at least 18 years of age.
  •   Pass a detailed background check, including thorough due diligence to screen for criminal activity, financial stability, and overall character.
  • Provide proof of the  required investment funds   and a clean source of those funds.

 Investment Options:

The main applicant must select one of the following investment options:

    Purchase of Real Estate:

  •  Invest a minimum of USD 200,000 in an approved real estate development.
  •  The property must be held for a minimum period of five years.

   Participation in an Approved Enterprise Project:

  •  Contribute a minimum of USD 3.5 million to an approved enterprise project.
  •  Create no less than three permanent jobs.
  • Alternatively, a joint contribution of     USD 6 million  (with each applicant committing a minimum of   USD 1 million) and the creation of no fewer than   six permanent jobs.
     

   Processing Time:

  •  The application process typically takes three to four months from submission to issuance of the certificate of citizenship.
  •  If all documents are in order, investors can expect to receive their passports within this timeframe.
  •   No need to visit St.  Lucia during the process.


What are the specific steps involved in applying for St. Lucia's real estate citizenship program?

If you’re interested in obtaining St. Lucia’s real estate citizenship, here are the specific steps involved in applying for the Citizenship by Investment (CBI) program:

Eligibility Check:

Ensure you meet the eligibility criteria for St. Lucia’s CBI program. Applicants must:

  •  Be at least 18 years of age.
  •  Pass a detailed background check, including thorough due diligence to screen for criminal activity, financial stability, and overall character.

 Select an Investment Option

Sign Initial Reservation Form and Pay Deposit

Purchase of Real Estate:

  •  Invest a minimum of USD 200,000 in an approved real estate development.
  •   The property must be held for a minimum period of five years.

 Participation in an Approved Enterprise Project:

  • Contribute a minimum of USD 3.5 million to an approved enterprise project.
  •   Create no less than three permanent jobs.
  •   Alternatively, a joint contribution of USD 6 million (with each applicant committing a minimum of USD 1 million) and the creation of no fewer than six permanent jobs.

Application Submission:

  •   Sign the initial reservation form provided by the developer of the chosen real estate project.
  •   Pay an initial deposit of 10% of the real estate price to secure your investment.

Due Diligence Process:

  •   Undergo a thorough due diligence process conducted by the government to assess your background, financial stability, and overall suitability.


 Investment Confirmation and Agreement:

  •  Once approved, execute the sale of purchase agreement for the chosen real estate investment.

 Certificate of Citizenship:

  •  Upon successful completion of the due diligence process and investment requirements, you will receive a certificate of citizenship.

Passport Issuance:

  •    Apply for your St. Lucian passport, which grants you visa-free travel to 148 countries.


What are the benefits of St. Lucia's citizenship?

St. Lucia citizenship offers several advantages for those seeking a second passport through its Citizenship by Investment Program:

Visa-Free Travel and Global Mobility:

  • St. Lucia passport holders can travel to 146 countries without visas. This includes countries in the Schengen area, the United Kingdom, Singapore, and Hong Kong.
  •   Citizens can stay in Schengen states for 90 days every 6 months and up to 180 days a year in the UK.

 United States Visa:

  •   St. Lucia citizenship allows applicants to obtain a tourist visa to the United States for 10 years. Applications are accepted at any convenient American consulate.

 Tax Optimization:
St. Lucia has low taxes:

  •  No taxes on income received in other countries.
  •   No inheritance taxes or capital gains taxes.
  •   Favorable conditions for companies, with income taxed only within St. Lucia.
  •  No tax on dividends.

 Banking Services in the EU:

  • Investors with St. Lucia passports can easily open bank accounts in EU countries. The process is less stringent than usual for third-country citizens.

Preferential Education in the UK:

  •  Some UK universities offer preferential conditions for citizens of St. Lucia.
  • Students can apply for scholarships through programs like the Commonwealth Scholarship Commission and Chevening Scholarships.

Remote Process and Low Costs:

  •  Obtaining St. Lucia citizenship is a remote process; no need to visit the country.
  •  The minimum investment required is at least $100,000.