Citizenship By Investment – St. Lucia
-
10+ Years Of Experience
-
10+ Dedicated Team
-
1000+ Happy Customer
-
1000+ Companies Formed (in UAE and worldwide)
Citizenship By Investment - St. Lucia
Synopsis :
St. Lucia is an independent Commonwealth country, having gained independence from the UK on 22 February 1979. The country’s history has been influenced by the native Carib people, Africans, the British and the French.
St. Lucia is an island nation with two majestic peaks, the Pitons, forming the islands’s most famous landmark. St. Lucia’s drive-through volcano, Sulphur Springs, is also a popular tourist attraction. In addition to its quiet volcanic beaches, reef-diving sites, Pigeon Island National Park, rainforests and waterfalls such as Toraille, it is home to fishing villages and luxurious resorts. St. Lucia, in XVII century, was the reason of endless clashes between the French and British, resulting in the cultural diversity of the Carribean community, which today fascinates by shades of France, England, Africa and Eastern India.
St. Lucia is a member of the United Nations, CARICOM, OECS and the Eastern Caribbean Currency Union. Its regional currency (Eastern Caribbean dollar, XCD) has been pegged to the USA dollar at arate of 2.70 since 1976. The island nation attracts foreign business and investment, especially in its international banking and tourism industries.
The Citizenship by Investment Programme of St. Lucia was established in 2015 with the intention to become the most innovative and secure Programme in the region. It compares very favourably to Dominica in terms of the cost.
Advantages of Obtaining Citizenship from St. Lucia
- A St. Lucia passport allows visa-free travel to more than 120+ countries, including the UK, EU and Hong Kong.
- Favourable tax environement: no taxation on worldwide income. No capital gains,estate or inheritance tax.
- No physical residency requirements
- No interview, education or managerial experience required
- Fast processing
- Inclusion of dependent children under 25.
- Inclusion of dependent parents above 65 who are currently residing with the applicant
- Inclusion of mentally or physically challenged dependent children and/or parents
- Offers variety of investment opportunities
Investment Criteria's
High net worth individuals may choose to make monetary contribution to the NEF organization.
| Single applicant | USD 100,000 |
| Main Applicant with spouse | USD 140,000 |
| Family of up to 3 dependents (spouse + 2 children) | USD 150,000 |
| Each additional dependent | USD 25,000 |
Applicants may purchase property valued at a minimum of USD 300,000 in a pre-approved real estate development area. The property must be owned and maintained for a minimum of five years. Property registration, processing fees and taxes must be paid in addition to the property purchase.
The following government administration fees apply:
| Single Applicant | USD 30,000 |
| Main Applicant with spouse | USD 45,000 |
| Family member aged 18 or above | USD 10,000 |
| Family member under age of 18 | USD 5,000 |
Applications for citizenship of Saint Lucia can be made through an investment in the National Action Government Bonds (“NAB”).
The bonds are non-interest bearing, and must be registered and remain in the name of the applicant for a five-year holding period from the date of first issue.
Applicant applying with any number of dependents: USD 300,000
The government bond option carries an administration fee of USD 50,000 per application.
Applicants may invest a minimum of USD 3.5 million in an approved enterprise project and create at least three jobs. Two applicants may share an investment of USD 6 million and create six jobs to qualify. Approved enterprise projects must fall under one of the following categories: specialty restaurants, cruise ports and marinas, agro-processing plants, pharmaceutical products, ports, bridges, roads and highways, research institutions and facilities, or offshore universities.
The following government administration fees apply:
| Single Applicant | USD 50,000 |
| Family member aged 18 or above | USD 35,000 |
| Family member under age of 18 | USD 25,000 |
Required Documents for Application
- Birth certificate of all applicants
- Marriage Certificate
- Clear criminal records
- A bank financial statement with proof of a legal source of income
- Medical examination (health certificate that it is free of diseases)
- CV and recommendation letters
- Proof of Funds
Procedure
- File preparation, advisory and due diligence fees are applicable at this step.
- Citizenship file submission.
- Government ‘s Citizenship-by-Investment Unit issues “Approved in Principle” letter.
- Investment made in selected option. Payment of government fees.
- Naturalization certificate is issued.
- Submission of passport application. Passport issuance.
Timeframe
The timeframe for the completion of the process is approximately 3 to 4 months from submission of the application to issuance of the passport, assuming there are no areas of concern with the application.
The following basic fees apply to all investment options and shall be quoted at the time of application:
-
Due Diligence Fees
-
Processing Fee
-
Passport Fees
-
Professional Fees
Client words
Hear what our satisfied clients have to say about their successful journeys with us.
-
1000+
Companies formed
-
100%
client satisfaction
I had a fantastic experience with the Global Business Services FZCO. their team was knowledgeable, professional, and efficient. they guided me through the entire process of establishing my business. I highly recommend their services to anyone looking to set up a business in Dubai.
I hired Global Business Services for my online store in Dubai Free Zone. They quickly handled everything from visas to paperwork. Great experience overall.
I’m happy to choose Global Business Services FZCO for their outstanding business setup services in UAE. Their professional team guided me through each stage, answering all my questions quickly and clearly. Their personalized approach made me feel well taken care of.
