Location
Situated in the eastern Caribbean Sea
Saint Lucia Citizenship By Investment
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Years of Experience
SAINT KITTS & NEVIS
Why Choose Saint Lucia
Imagine exploring over 154 destinations worldwide, including the Schengen Area, Hong Kong, and Singapore, all with the ease of visa-free travel. St. Lucia's Citizenship by Investment (CBI) program makes this dream a reality.
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Memberships
Commonwealth and CARICOM
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Connectivity
Excellent air links to Europe and North America
Citizenship By Investment Overview
The St. Lucia Citizenship by Investment Program is a government initiative that allows investors to obtain citizenship in exchange for making a significant contribution to the country’s economy.
Investors have the option to either make a financial contribution to the government’s National Economic Fund or invest in pre-approved real estate projects. Additionally, investors can choose to invest in an enterprise project that has been vetted and approved by the government.
Investment
Minimum contribution of USD 100,000
Processing time
Three–four months
Key benefit
Freedom of travel to Hong Kong, Singapore, the UK, and Europe’s Schengen Area, among others
Important Update
Breeo Immigration is eagerly awaiting the forthcoming launch of an exciting new investor program anticipated for 2025, subsequent to the conclusion of new applications for the Business Innovation and Investment Program. Keep a lookout for further updates on this promising opportunity.
Saint Lucia Citizenship By Investment
The St. Lucia Citizenship by Investment Program necessitates applicants to make a notable economic contribution towards the nation’s development. In return, following a rigorous application process and thorough due diligence checks, applicants and their families are conferred full citizenship.
This program operates under the governance of the Citizenship by Investment Act No. 14 of 2015, ensuring adherence to regulatory standards and transparency. Applicants can opt to contribute to various investment avenues, such as the National Economic Fund, approved real estate projects, or pre-approved enterprise ventures.
Successful candidates gain access to a range of benefits including visa-free travel, residency rights, and opportunities for business and lifestyle enhancement within St. Lucia.
Benefits Of The Saint Lucia Citizenship By Investment Program
- Visa-free access to over 140 destinations worldwide, including Europe’s Schengen Area, Hong Kong, Singapore, and the UK, among others, eliminating the need for prior visa arrangements.
- No residency or visitation requirements, providing flexibility for applicants to manage their time and travel as needed.
- Opportunity to include a wide range of family members in the application, including spouses, children under 31, siblings under 18, and parents aged 55 and over, with the option to add dependents post-citizenship approval.
- The program offers competitive investment and processing costs, making it an attractive option for prospective investors.
- St. Lucia acknowledges and allows for dual citizenship, enabling applicants to retain their current citizenship(s) alongside their St. Lucian citizenship.
Requirements Of Saint Lucia citizenship By investment
The St. Lucia Citizenship by Investment Program operates under the regulations outlined in the Citizenship by Investment Act No. 14 of 2015. This legislation established the Saint Lucia National Economic Fund (NEF), which receives investments from the program for use in national development initiatives.
Applicants must fulfill stringent criteria and undergo due diligence checks to obtain citizenship. The main applicant must be at least 18 years old and select one of the following investment options:
- Real Estate Investment: Purchase approved real estate valued at a minimum of USD 200,000, held for at least five years.
- Enterprise Project Participation: Contribute a minimum of USD 3.5 million to an approved enterprise project, creating a minimum of three permanent jobs. Alternatively, invest USD 6 million jointly with each applicant committing at least USD 1 million, creating a minimum of six permanent jobs.
- National Economic Fund Contribution: Make a non-refundable contribution to the National Economic Fund, with options ranging from USD 100,000 for a single applicant to USD 25,000 for each qualifying dependent.
- Government Bond Investment: Invest in non-interest-bearing government bonds worth at least USD 300,000, held for a minimum of five years.
Procedures And Time Frame Of The St. Lucia Citizenship By Investment Program
The application process for citizenship should typically be completed within four months from submission to the issuance of the certificate of citizenship, provided there are no issues with the application. In exceptional cases where processing may take longer than three months, Breeo Immigration will communicate the reason for the anticipated delay to the applicant.
The Citizenship by Investment Board oversees a dedicated citizenship by investment unit (CIU), which evaluates applications for citizenship. The outcome may result in granting, denying, or delaying the application for cause. Applications are submitted electronically and in print by Breeo Immigration on behalf of the applicant, with all documentation required to be in English.
Each application must include all necessary supporting documents and payment of nonrefundable processing and due diligence fees for the main applicant, their spouse, and each qualifying dependent. Upon approval in principle, the CIU notifies Breeo Immigration of the requirement to remit the qualifying funds and government administration fees before granting the certificate of citizenship.
The main applicant must transfer the required funds for the chosen qualifying option within 90 calendar days after receiving approval. Upon successful completion, the applicant will sign an oath or affirmation of allegiance before an authorized legal professional. In exceptional circumstances, the minister holds the authority to revoke citizenship grants if deemed necessary.
