SAINT LUCIA

SAINT LUCIA

$100,000

Overview

The Saint Lucia Citizenship by Investment Program is the newest program in the Caribbean established in 2015 yet one of the strongest passports within the fast track citizenship programs. Applicants obtain an irrevocable citizenship and passport without having to reside in the country or renounce their current nationality.

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Description

Country Info

Saint Lucia is a volcanic island located in the Caribbean in the Atlantic Ocean. Its coast is home to volcanic beaches, reef-diving sites, luxury resorts and fishing villages with tropical climate all year round, it is a perfect getaway destination. Although 95 percent of the country’s population speak Creole French, the official language in St. Lucia is English. The country is a member of the British Commonwealth and the United Nations and the legal system in Saint Lucia is well-respected and based on English law.

Costs

To be eligible for citizenship of St. Lucia under its Citizenship by Investment Program, there are three options to choose from.

1. DONATION TO THE GOVERNMENT NATIONAL ECONOMIC FUND (NEF)

Non-refundable financial contribution to a Government fund. The cost varies depending on the number of applicants and their ages.

Single Applicant
USD 100,000
Main Applicant and Spouse
USD 140,000
Main Applicant, Spouse and 2 qualifying dependents below 18 years
USD 150,000
Each qualifying dependent in addition to family of 4
USD 15,000
Each additional qualifying dependent, of any age
USD 25,000

2. REAL ESTATE INVESTMENT

Real Estate Investment through one of the Government approved real estate asset classes: freehold property with title deed; hotel shares; fractional ownership or land. The investment and Government Fees are payable once the citizenship is approved.

Minimum Investment (There are some legal costs associated to the real estate purchase ranging from 1-5% of the property value, depending on the property type)
USD 300,000

3. GOVERNMENT BONDS

Single Applicant (must hold for 5 years)
USD 250,000
Main applicant + 1 dependent (must hold for 6 years)
USD 250,000
Main applicant + Up to 4 dependents (must hold for 7 years)
USD 250,000
Main applicant + Up to 4 dependents (must hold for 5 years)
USD 300,000
Each additional dependent
USD 15,000
GOVERNMENT FEES

In addition to the purchase of real estate, there are Government fees to be paid.

Single Applicant
USD 30,000
Main Applicant and Spouse
USD 45,000
Each additional qualifying dependent 17 years and below
USD 5,000
Each additional qualifying dependent 18 years and up
USD 10,000

DUE DILIGENCE & BACKGROUND CHECKS

Compulsory background checks are payable to the Government who appoints a preferred due diligence agency. These agencies use various international and local sources such as Interpol, World-Check and other Government agencies. These fees are payable upon the submission of the application.

Main Applicant
USD 7,500
Spouse
USD 5,000
Dependents aged 16 years to 30 years and Parents above 55 years
USD 5,000

Citizenship Invest professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A detailed quotation with no hidden costs is provided for the specific case.

Required Documents

Citizenship Invest appoints a Document Collection Specialist for each case. The firm offers a bespoke service that simplifies the application process, requesting from clients the bear minimum. Our job is to simplify the document collection as much as possible and when required we obtain the documents for the client without their involvement. Please note the below list is to be used as a guideline only, after assessing the particular case Citizenship Invest prepares a personalized checklist.

Documents required from each applicant including children:
•Photograph and Signature Certificate SL6
•Original excerpt of full birth record or certified copy of full birth certificate with MOFA attestation (i.e. a birth document that also includes your parent’s details, or a household register, family book etc.).
•Certified copy of all military service and discharge documents, if applicable (male applicant 18 years and above)
•Eight (8) Original passport-size photos
•Certified copy of National ID
•Certified copy of all passports held (full pages)
•Proof of residential address (original utility bill / copy of bank statement)
•Certified copy of university/college diplomas
•Original Police Record from country of birth, country of citizenship, country of residence (if different), and any country in which the applicant has resided for at least one (1) year in the past ten (10) years, for each applicant sixteen (16) years and over.
•Original Medical Certification Form SL8
•Certified copy of Medical Examiner’s Professional Certificate or License
•Oath of Allegiance Form

Documents required only from the main applicant:
• One original bank reference letter issued by an internationally recognized bank, not older than 6 months.
• One original professional reference (e.g. from an attorney, notary public, chartered accountant or other professional of similar standing), not older than 6 months.
• One original Employment letter
• Original excerpt of marriage record or certified copy of marriage certificates with MOFA attestation (if applicable).
• Certified copy of divorce documents with MOFA attestation (if applicable).

Timeline

MONTH 1-2

CI will pre-screen your passport for government pre-approval. A down payment for professional fees is payable to start your application.

CI professional team will assist and advise you with the collection of the documents required by the Government. Once the file is ready for submission, Government Processing Fees, Due Diligence and CI submission invoice are payable. CI submits your application.

MONTH 3

Due Diligence report is issued to the Government. Based on the results, the Government makes a decision on your Citizenship application. Once approved you are invited to pay the donation or investment.

MONTH 4

Citizenship Certificates and passports are issued. The balance of CI professional fee is paid.

The estimated time to receive citizenship approval depends on the due diligence processing time and the specific case.

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