Saint Lucia Citizenship by Investment Program was launched in December 2015 following Act No. 14 of 2015, the Citizenship by Investment Act on 24th August 2015 which facilitates granting of expedited citizenship to foreign investors.
The following four types of investments qualify for citizenship in St Lucia under the citizenship-by-investment programme (CIP) rules.
Saint Lucia National Economic Fund
Saint Lucia National Economic Fund is a special fund established under Section 33 of the Citizenship by Investment Act for the sole purpose of receiving qualifying investments of cash for funding government sponsored projects.
Investors are required to pay $100,000 one-time for the fund against lifetime citizenship. Donation to the fund is the cheapest, fastest and easiest investment for citizenship in Saint Lucia.
- Applicant applying alone: US$100,000
- Applicant applying with spouse: US$140,000
- Applicant applying with spouse and up to two (2) other qualifying dependants: US$150,000
- Each additional qualifying dependant, of any age: US$25,000
Non-refundable processing fees
Due diligence fees
National Government Bonds
The Covid Relief bonds is retired. Applications for citizenship of Saint Lucia can be made through an investment in the National Action Government Bonds (“NAB”). The bonds are non-interest bearing, and must be registered and remain in the name of the applicant for a five-year holding period from the date of first issue.
Applicant applying with any number of dependents:
US$ 300,000
An additional, non-refundable administration fee of US$ 50,000 is applicable.
Due Diligence:
- Applicant alone- US$7,500
- Each qualifying dependent over 16 years of age – US$5,000
Real Estate Projects
Applicants are require to buy a property or piece of real estate for atleast US$ 200,000 in one of the approved real estate projects in St Lucia such as branded hotels, resorts, boutique properties. The Cabinet of Ministers will consider real estate projects to be included on the approved list for the Citizenship by Investment Programme. Only approved properties by Government will qualify for CIP programme.
Non-refundable administration fees under real estate investment:
Due diligence fees
Business Enterprise Projects
The Cabinet of Ministers will consider enterprise projects to be included on the approved list for the Citizenship by Investment Programme. Approved enterprise projects fall into seven (7) broad categories:
- Specialty Restaurants
- Cruise ports and marinas
- Agro-processing plants
- Pharmaceutical products
- Ports, bridges, roads and highways
- Research institutions and facilities
- Offshore universities
Option 1 – A sole applicant.
- A minimum investment of US$3,500,000
Option 2 – More than one applicant (joint venture).
- A minimum investment of US$ 6,000,000 with each applicant contributing no less than US$1,000,000
Due diligence fees
Non-refundable administration fees under Enterprise investment:
Each qualifying dependant: US $25,000 (under 18 years of age)
Government Bonds
Citizenship by investment in St Lucia is also possible through buying US$ 500,000 non-interest bearing Government bonds, locked in for 5 years
- Applicant applying alone: US$500,000
- Applicant applying with spouse: US$535,000
- Applicant applying with spouse and up to two (2) other qualifying dependants: US$550,000
- Each additional qualifying dependant: US$25,000
Due diligence fees
Government of Saint Lucia’s Bonds are issued under the National Savings and Development Bonds Act Ch.15.25 of 2005 of the Revised Laws of Saint Lucia. Once an application for citizenship has been approved, the applicant must make their purchase of the non-interest bearing Government bonds through the Debt and Investment Unit in the Ministry of Finance.
The applicant would be provided with a Bond Certificate within 21 calendar days. A certified copy of the Bond Certificate must be submitted to the Unit as proof of having made the qualifying investment. Upon receipt of the Bond Certificate, the Unit shall process the issuance of a Citizenship Certificate.