SAINT LUCIA
SAINT LUCIA
SAINT LUCIA
CITIZENSHIP BY INVESTMENT
ABOUT
It is located between the Caribbean Sea and the North Atlantic Ocean, to the north of Trinidad and Tobago. The average area is 617 km². It has an estimated population of 183.600 people. Castries is the capital of the state. English is the official language, and the currency is East Caribbean dollar, denoted by XCD (every 1 USD equals 2.7 Eastern Caribbean dollars). It should be noted that ST. Lucia follows a monarchy as Queen Elizabeth II is considered the honorary head of state.
How to obtain citizenship by investment ?
OPTION 1
Government non-refundable Donation to National Economic Fund (NEF):
$100,000 for a single applicant
Minimum donation for a family:
- $140,000 for the applicant with spouse only
- $150,000 for a family of 4 members
$15,000 Additional fees for each new member after the second child.
$25,000 Additional fees for Siblings, only from the Main Applicant
In addition to Government Fees, Administrative Fees, and Due Diligence Fees.
OPTION 2
Purchasing a property from one of the real estate projects approved by the government:
Buy a property of $200,000, with a pledge not to sell the property for 5 years.
Administrative Fees:
- $30,000 for a single applicant
- $45,000 for the applicant with spouse
And for each new member:
- $5.000 if the child is under 18 years old and less than four dependents
- $10.000 if the child is over 18 years old or more than four dependents
- $10,000 Additional fees for Siblings
In addition to Government Fees, Administrative Fees, and Due Diligence Fees.
BENEFITS
- The ability to include the spouse and children under the age of 30 in the main application.
- The possibility to include the father, mother, grandfather and grandmother of both the applicant and / or spouse.
- The ability to pass one’s citizenship to future generations by descent as it is a first-class citizenship.
- Dual Nationality: in other words, no obligation to relinquish current nationality.
- No language requirements for residence or citizenship.
- Qualified investment by the government is the only eligible for successful application. Unlike other investment programs.
- Full confidentiality in carrying out the procedures.
- Paying the minimum administrative fees for the transaction, while the large investment value is paid after the government’s approval of the citizenship application.
- No interview, education, or management experience required.
- No requirement to reside in ST. Lucia before, during, or after citizenship is granted.
- Like Dominica, the program is considered the most economical program worldwide in obtaining citizenship by investment for one person only (donation option).
ADVANTAGES
- Access more than 127 countries with ST. Lucia passport visa-free, including Europe’s Schengen area, the United Kingdom, Russia, Singapore, and Hong Kong.
- Meanwhile, ownership of the 39rd ranked passport in the world.
- Possibility of establishing a company in any country in the world.
- Lowest tax rates and free trade environment.
- Beneficial tax regime – you will not be liable to any income tax, capital gains tax or inheritance tax.
- In addition ability to study in one of the most powerful universities in the world.
REQUIRED DOCUMENTS
- Firstly, birth certificate for all applicants and a marriage certificate.
- Secondly, clear criminal record.
- Thirdly, a bank financial statement with proof of a legal source of income
- Fourthly, Medical examination (health certificate that it is free of diseases)
- Fifthly and finally, CV and recommendation letters.
STEPS
- First, sign the contract with CBI and make the down payment. ( START)
- Then, prepare ALL the Required Documents by the investor. With the support of our office and legal teams, who will review, translate and check-up the entire file before sending it to the island’s lawyer. (Estimated Time 30-45 days)
- After that, sending the documents to the Island where our lawyer will check the papers for the last time before submitting the application. Meanwhile, transferring the first payment to the government to submit the Documents. (Estimated Time 15 days)
- From now on, we have 60 days processing time, As per Government announcement (60 working days). (Estimated Time 60 days)
- Government Approval of the Application. Subsequently, making the final payment to the Government. (Estimated Time 10 days).
- Issuing the naturalization document. Then, printing the Passport. (Estimated Time 10 days)
- Finally, handover or sending the “Naturalization Document” and the Passport to a convenient place. (Estimated Time 5 days).
More Programs
Comments are closed.