All foreign investors and families qualify for St lucia citizenship under real estate investment scheme, which requires a minimum USD 300,000 purchase of approved property (full or limited share) in St Lucia in Hotels, Resorts, Luxury home in Saint Lucia. Property buyers have to bear additional fees such as property registration fee, citizenship processing fee, due diligence fee etc.
Approved Real Estate Projects
The following real estate projects approved by St Lucia government under economic citizenship by investment (CIP) programme
- Pearl of the Caribbean project
- Belvedere plantation project (Luxury hotel by Boka Estates Ltd)
- Black bay luxury hotel and villas (Range developments)
- more to be announced...
Steps to acquire citizenship through property investment
Step 1. Sign initial reservation form and pay initial deposit 10% of the real estate price to the developer.
Step 2: Initial application and required documents for citizenship through agent. You also have to pay due diligence fees ($7500). Investor will execute sale of purchase agreement.
Step 3: After 2-3 months, approval letter is given by Government and within 7 days you are required to pay the balance for real estate and government fees.
Step 4: The proof of ownership is handed over to Government and within 3-4 weeks you will be issued "citizenship certificate".
Step 5: Using "certificate of citizenship" apply for St Lucia passport which takes about 1 week, which is usually handled by authorized agent.