SAINT LUCIA

Citizenship by Investment Program

WHY SAINT LUCIA?

Saint Lucia has taken as an example the many years of experience of its Caribbean neighbors. The Citizenship by Investment Board has endeavored to make this program the most effective citizenship option for investors. At the same time, investors' broad advantages have been taken into account. Saint Lucia's Citizenship by Investment Program was established in 2015 under the Citizenship by Investment Act. As such, it is the latest addition to the other island programs (CIP) in the Caribbean region.

• Your transactions are completed quickly within 3 months,
• Your dependent children under 25 years old are included in the transactions,
• Your dependent parents over 65 years old are included in the transactions,
• There is no requirement to actually reside in the country,
• You are not required to come to Saint Lucia during the application process,
• The main applicant's mentally and physically disabled dependent children are included,
• No oral interview, no education or management experience required,
• You can travel to over 130 countries without a visa, including the European Schengen Area, UK and Hong Kong,
• You do not pay taxes on income earned in other countries.

REQUIREMENTS

To become a citizen of Saint Lucia, applicants must fulfill one of the investment requirements outlined in the "Investment Options" section, in addition to the following criteria:

• Must have at least 3 million USD net worth,
• Must have a distinguished character,
• Must have no criminal record,
• Must be in excellent health.

INVESTMENT OPTIONS

1. National Economic Fund Contribution

High net worth individuals can choose one of the contribution levels described below to the NEF Organization:

• Main applicant: $100,000
• Main applicant and spouse: $165,000
• Family of 4: $190,000
• Additional dependent: $25,000.

2. Real Estate Investment

The value of the purchased real estate must be a minimum of $300,000 and must be in pre-approved development areas. The purchased real estate must be held for at least 5 years and ownership must be maintained. In addition to the price of the real estate, the relevant registration and transaction fees and taxes must also be paid.

3. Government Bonds

After obtaining the necessary approval, the applicant and family can invest in Saint Lucia government bonds. Bonds must be held for 5 years. Depending on the number of family members, the amount of government bonds may vary as indicated below.

• Main applicant: $500,000
• Main applicant and spouse: $535,000
• Family of 4: $550,000
• Additional dependent: $25,000

4. Business Investment

The applicant can make an approved business investment with a minimum capital of $3,500,000 that will create at least 3 jobs. It is possible for up to 6 applicants who meet the conditions to each contribute a minimum of $1,000,000 capital to make a group investment of $6,000,000 capital. The group must jointly create 6 jobs. Approved Business Investment Projects must fall into one of the following categories.

Gourmet restaurants, ports and marinas for cruise ships, agricultural product processing facilities, pharmaceutical products, ports, bridges, roads and inter-city roads, research institutes and facilities or overseas universities.

ADDITIONAL FEES

For both investment options, additional fees that vary depending on the size of the family must also be paid. The government may periodically change the fees. Please contact us for current amounts.