The Saint Lucia citizenship by investment program was introduced in 2015, making it the fifth program of its kind in the Caribbean. The other participating countries are St. Kitts & Nevis, Dominica, Antigua & Barbuda, and Grenada.
Benefits of Saint Lucia Citizenship:
- Visa-free travel to 146 countries and territories, including the UK and the Schengen Area (all European countries).
- You can include family members in your citizenship application (children under 30 years of age and parents aged 55 and above).
- Citizenship for life, including the right to work, reside, and study in Saint Lucia. Citizenship is passed on to future generations without additional investment.
- As a Commonwealth citizen, you will enjoy special rights and privileges in the United Kingdom and other Commonwealth nations.
- Dual citizenship is allowed. Therefore, there is no need to renounce your current citizenship.
- Stable nation belonging to the Commonwealth of Nations, the Caribbean Community (CARICOM), and the International Organization of La Francophonie.
- You can use your Saint Lucian passport for banking purposes.
Eligibility to Qualify for Citizenship
The main applicant must be at least 18 years old and have no criminal record. The investor and all family members are subject to due diligence checks. The program has no English language requirement and no residency or travel obligations. The applicant and all dependents must be in good health.
Family Members
In addition to a spouse and children under 18 years of age, the following dependents may be included in the citizenship application:
- Children between 18 and 30 years old who are fully supported by the main applicant and enrolled full-time at an institution of higher learning
- Parents aged 55 and above who live with and are fully supported by the main applicant
- Physically or mentally challenged children or parents
Investment Options to Qualify for Citizenship
- National Economic Fund (NEF) Contribution. A non-refundable monetary contribution to the NEF as follows: US $240,000 for a single applicant or a family of up to 3 dependents (spouse + 2 children); US $10,000 for each additional dependent under 18 years; US $25,000 for each additional dependent over 18 years.
- Real Estate Investment. A minimum of US $300,000 must be invested in a government-approved real estate development. The property must be owned and maintained for at least 5 years. Property registration, processing fees, and taxes are payable in addition to the purchase price.
- Enterprise Project Investment. A minimum investment of US $250,000 in an approved enterprise project in one of the following sectors: specialty restaurants, cruise ports and marinas, agro-processing plants, pharmaceutical products, ports, bridges, roads and highways, research institutions and facilities, or offshore universities.
- Government Bonds. Investment of US $300,000 in government bonds for a period of 5 years. A non-refundable administrative fee of US $50,000 applies to this option.
Due Diligence and Other Fees – For All Options
US $8,000 for the main applicant, and US $5,000 for each qualifying dependent spouse or additional applicant over 16 years of age. Additional application fees: US $2,000 for the main applicant and US $1,000 for each dependent.
The legal process of obtaining Saint Lucian citizenship includes a mandatory interview, which can be conducted online.
Professional Services
If you wish to use legal assistance of Elma Capital to apply for Saint Lucian citizenship or any other citizenship by investment program, please contact us today.
When sending us an email, please indicate your citizenship, country of residence, and the age of each family member to be included in the application. This information is required to provide an accurate quote of the fees and expenses applicable to your case.