An Overview of St. Lucia Citizenship-by-Investment
The St. Lucia Citizenship-by-Investment Program requires applicants to make a significant economic contribution to the country. In exchange, and subject to a stringent application process and due diligence checks, the applicants and their families are granted full citizenship. The St. Lucia Citizenship-by-Investment Program is regulated by the Citizenship-by-Investment Act No. 14 of 2015.
Benefits of St. Lucian citizenship
- A St. Lucian passport provides visa-free or visa-on-arrival travel to 146 destinations including Europe’s Schengen Area, Hong Kong, Singapore, the UK, and many others.
- No residence or visitation is required.
- Applicants are able to include a spouse, children under 30, siblings under 18, and parents aged 55 and over, as well as to add dependents after they have been granted citizenship (within five years of the initial application’s approval)
- The program has attractive investment and processing costs.
- St. Lucia recognizes dual citizenship.
St. Lucia citizenship-by-investment requirements
To qualify for citizenship, the main applicant must be over 18 years of age, meet the application requirements, and select one of the four following options:
- Purchase of real estate with a minimum value of USD 300,000 from an approved real estate development, which must be held for a minimum period of five years
- Participation in an approved enterprise project (as set out in the regulations) with a minimum contribution of USD 3.5 million, plus the creation of no less than three permanent jobs
- A non-refundable contribution to the National Economic Fund (NEF) of USD 100,000 (for a single applicant)
- Investment in non-interest-bearing government bonds, which must be held for five years. The minimum investment requirement for a main applicant is USD 500,000. This amount is reduced to USD 250,000 if applying under the Covid-19 Relief Bond, available until 31 December 2020
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