Migration Point

Saint Lucia

Advantages

  • Citizenship and a second passport for life for the applicant and dependent family members
  • Children under 26 years old can be included in the application
  • Travel visa-free to over 140 countries
  • Possibility to apply for an online visa for Australia
  • Visa Free access to Schengen Area
  • Enjoy multiples tax incentives
  • No requirement to reside in Saint Lucia
  • No management, educational or language requirements
  • English as official language and safe environment

Requirements

  • Applicants must make a qualified investment in one of the four designated investment options
  • Be over 18 years old
  • Have no criminal record
  • Provide all required documents in English
  • Successfully pass a due diligence check
  • Applicants must use a government authorized agent

Investment Options

1. Saint Lucia National Economic Fund

Minimum to be invested:

  • USD 100,000 for a single applicant
  • USD 165,000 for applicant accompanied by a spouse
  • USD 195,000 for applicant accompanied by up to two dependents
  • USD 25,000 for each additional dependents

2. Enterprise Projects

Investment a minimum of USD 3,500,000 in an approved enterprise projects that falls into designated categories.

3. Government Bonds

Minimum to be invested and held 5 years:

  • USD 500,000 for a single applicant
  • USD 535,000 for applicant accompanied by a spouse
  • USD 550,000 for applicant accompanied by up to two dependents
  • USD 25,000 for each additional dependent

Process (between 3-6 months)

Prepare and provide all the documents and forms required, submit them via an authorized agent and pay the required due diligence and government fees.

Tax Advantages

  • Non-residents are taxed on St. Lucia-source profits only
  • No capital gains, stamp duty, capital acquisitions tax, no inheritance tax, net wealth/net worth tax
  • Real property tax is ranging 0-0,5% depending on the property’s use

Costs of St. Lucia Citizenship

The Saint Lucia Citizenship by Investment Act of 2015 allows eligible individuals and their families to apply for Citizenship by making either:

1) Donation – National Economic Fund (NEF)

Cash donation to the National Economic Fund, Government Escrow Account.

Single Applicant USD 100,000
Main Applicant and Spouse USD 165,000
Main applicant, spouse and 2 dependents USD 190,000
Each additional dependent USD 25,000

2) Real Estate Investment

Investment in real estate through one of the Government approved real estate asset classes: freehold property with title deed; hotel shares; fractional ownership or land.

Minimum Investment USD 300,000

Government Fees

In addition to the purchase of real estate or the enterprise project, there are Government fees to be paid:

Main applicant USD 50,000
Qualifying dependent 18 years old and above USD 35,000
Qualifying dependent 17 years old and below USD 25,000

Due Diligence & Background Checks

There are compulsory background checks payable to the Government preferred due diligence agency that will use Interpol, World-Check and other Government agencies to screen applicants based on their application.

Main applicant USD 7,500
Qualifying dependent above 16 years old USD 5,000
Dependents over 16 years USD 4,000

Steps of St. Lucia Citizenship

Step 1
Our team will pre-screen your passport for government pre-approval. A down payment for professional fees will be applicable in order to start your application.

Step 2
Our professional team will assist and advise you with the collection of the documents required according to the Government checklist.

Step 3
Your application is then submitted together with due diligence fees. If taking real estate option, a reservation of your chosen property must be made at this time. The real estate investment is fully refundable should your application not get approved.

Step 4
Due diligence report is issued to the Government. Based on the report the Government makes its decision on your Citizenship application.

Step 5
Once accepted you are invited to pay the donation or if taking the real estate option, pay the balance of your purchase is made.

Step 6
A certificate of registration, citizenship certificate and passport are issued in your name. The balance of the professional fees is then paid.

St. Lucia Citizenship: Pros and Cons

Pros

  • Beautiful country very popular for holiday destination in the Caribbean
  • Cheapest and low cost passport program for single persons
  • Citizenship program very popular with Americans
  • Applications are processed within 80 days if paperwork is intact.
  • No person visit required and zero residence requirements.

Cons

  • Price tag little expensive for families applying for passports
  • Real estate requirement is high compared to other caribbean passport programs (Canelles resort and Alpina Hotel by Desert Star Holdings are approved developments)
  • Names of CBI citizens available to public in St Lucia.
  • $500K Government bonds option is available as additional option but most applicants do not use this route due to non-availability of financing option.

St. Lucia visa waiver agreements with countries and territories

AfghanistanVisa required
AlbaniaVisa required
AlgeriaVisa required
AndorraVisa not required
AngolaVisa required
Antigua and BarbudaVisa not required
ArgentinaVisa not required
ArmeniaVisa on arrival
Australia and territoriesVisa required
AustriaVisa not required
AzerbaijanVisa required
BahamasVisa not required
BahraineVisa
BangladeshVisa on arrival
BarbadosVisa not required
BelarusVisa required
BelgiumVisa not required
BelizeVisa not required
BenineVisa / Visa on arrival
BhutanVisa required
BoliviaVisa on arrival
Bosnia and HerzegovinaVisa not required
BotswanaVisa not required
BrazilVisa required
BruneiVisa required
BulgariaVisa not required
Burkina FasoVisa required
BurundiVisa required
CambodiaVisa on arrival
CameroonVisa required
CanadaVisa required
Cape VerdeVisa on arrival
Central African RepublicVisa required
ChadVisa required
ChileVisa not required
ChinaVisa required
ColombiaVisa not required
ComorosVisa on arrival
Republic of the CongoVisa required
Democratic Republic of the CongoVisa required
Costa RicaVisa not required
Côte d’IvoireVisa required
CroatiaVisa not required
CubaVisa not required
CyprusVisa not required
Czech RepublicVisa not required
DenmarkVisa not required
DjiboutieVisa
DominicaVisa not required
Dominican RepublicVisa not required
EcuadorVisa not required
EgyptVisa on arrival
El SalvadorVisa not required
Equatorial GuineaVisa required
EritreaVisa required
EstoniaVisa not required
EswatiniVisa not required
EthiopiaeVisa
FijiVisa not required
FinlandVisa not required
FranceVisa not required
GaboneVisa
GambiaVisa not required
GeorgiaeVisa
GermanyVisa not required
GhanaVisa required
GreeceVisa not required
GrenadaVisa not required
GuatemalaVisa not required
GuineaVisa required
Guinea-BissauVisa on arrival
GuyanaVisa not required
HaitiVisa not required
HondurasVisa not required
HungaryVisa not required
IcelandVisa not required
Indiae-Visa
IndonesiaVisa not required
IranVisa on arrival
IraqVisa required
IrelandVisa not required
IsraelVisa not required
ItalyVisa not required
JamaicaVisa not required
JapanVisa required
JordanVisa on arrival
KazakhstanVisa required
KenyaVisa not required
KiribatiVisa not required
North KoreaVisa required
South KoreaVisa not required
KuwaitVisa required
KyrgyzstaneVisa
LaoseVisa / Visa on arrival
LatviaVisa not required
LebanonVisa required
LesothoVisa not required
LiberiaVisa required
LibyaVisa required
LiechtensteinVisa not required
LithuaniaVisa not required
LuxembourgVisa not required
MadagascareVisa / Visa on arrival
MalawiVisa not required
MalaysiaVisa not required
MaldivesVisa on arrival
MaliVisa required
MaltaVisa not required
Marshall IslandsVisa required
MauritaniaVisa on arrival
MauritiusVisa not required
MexicoVisa required
MicronesiaVisa not required
MoldovaVisa not required
MonacoVisa not required
MongoliaVisa required
MontenegroVisa not required
MoroccoVisa required
MozambiqueVisa on arrival
MyanmarVisa required
NamibiaVisa required
NauruVisa required
NepalVisa on arrival
NetherlandsVisa not required
New ZealandVisa required
NicaraguaVisa not required
NigerVisa required
NigeriaVisa required
North MacedoniaVisa required
NorwayVisa not required
OmanVisa required
PakistanElectronic Travel Authorization
PalauVisa on arrival
PanamaVisa not required
Papua New GuineaEasy Visitor Permit
ParaguayVisa required
PeruVisa not required
PhilippinesVisa not required
PolandVisa not required
PortugalVisa not required
QatareVisa
RomaniaVisa not required
RussiaVisa required
RwandaeVisa / Visa on arrival
Saint Kitts and NevisVisa not required
Saint Vincent and the GrenadinesVisa not required
SamoaEntry Permit on arrival
San MarinoVisa not required
São Tomé and PríncipeeVisa
Saudi ArabiaVisa required
SenegalVisa on arrival
SerbiaVisa required
SeychellesVisitor’s Permit on arrival
Sierra LeoneVisa on arrival
SingaporeVisa not required
SlovakiaVisa not required
SloveniaVisa not required
Solomon IslandsVisitor’s permit on arrival
SomaliaVisa on arrival
South AfricaVisa required
South SudanVisa required
SpainVisa not required
Sri LankaElectronic Travel Authorization
SudanVisa required
SurinameVisa not required
SwedenVisa not required
SwitzerlandVisa not required
SyriaVisa required
TajikistaneVisa
TanzaniaVisa not required
ThailandVisa required
Timor-LesteVisa on arrival
TogoVisa on arrival
TongaVisa on arrival
Trinidad and TobagoVisa not required
TunisiaVisa not required
TurkeyeVisa
TurkmenistanVisa required
TuvaluVisa on arrival
UgandaVisa on arrival
UkraineeVisa
United Arab EmiratesVisa required
United Kingdom and Crown dependenciesVisa not required
United StatesVisa required
UruguayVisa required
UzbekistanVisa not required
VanuatuVisa not required
Vatican CityVisa not required
VenezuelaVisa not required
VietnamVisa required
YemenVisa required
ZambiaVisa not required
ZimbabweVisa not required
Denmark Territories
Faroe IslandsVisa not required
GreenlandVisa not required
Netherlands Territories
ArubaVisa not required
Caribbean NetherlandsVisa not required
CuraçaoVisa not required
Sint MaartenVisa not required
UK Territories
Akrotiri and DhekeliaVisa not required
AnguillaVisa not required
BermudaVisa not required
British Indian Ocean TerritorySpecial permit required
British Virgin IslandsVisa not required
Cayman IslandsVisa not required
Falkland IslandsVisa required
GibraltarVisa not required
MontserratVisa not required
Pitcairn IslandsVisa not required
Ascension IslandeVisa
Saint HelenaVisitor’s Pass required
Tristan da CunhaPermission required
South Georgia and the South Sand Permit required
Turks and Caicos IslandsVisa not required
US Territories
American SamoaVisa required
GuamVisa required
Northern Mariana IslandsVisa required
Puerto RicoVisa required
U.S. Virgin IslandsVisa required
China Territories
Hong KongVisa not required
MacauVisa not required
French Territories
French GuianaVisa not required
French PolynesiaVisa not required
French West IndiesVisa not required
MayotteVisa not required
New CaledoniaVisa not required
RéunionVisa not required
Saint Pierre and MiquelonVisa not required
Wallis and FutunaVisa not required
New Zealand Territories
Cook IslandsVisa not required
NiueVisa not required
TokelauVisa required
Other
KosovoVisa not required
Northern CyprusVisa not required
PalestineVisa not required
Taiwan (ROC)Visa not required

Source: Wikipedia
Last updated: Feb 21, 2020