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.
Eligible Investments
The following four types of investments qualify for citizenship in St Lucia under the citizenship-by-investment programme (CIP) rules.
1. 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.
| Category | Government Fee (USD) |
|---|---|
| Main applicant + up to 3 dependents | $240,000 |
| Additional dependent (Under 18) | $10,000 |
| Additional dependent (18 and above) | $20,000 |
| Newborn (12 months or younger) | $5,000 |
| Spouse (Post-citizenship addition) | $35,000 |
| Other dependents (Post-citizenship addition) | $25,000 |
2. National Action 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.
Due Diligence:
- Applicant alone- US$7,500
- Each qualifying dependent over 16 years of age – US$5,000
3. Real Estate
Applicants are require to buy a property or piece of real estate for atleast US$ 300,000 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.
| Category | Requirement / Fee |
|---|---|
| Minimum qualifying investment (A’ila Resort) | $300,000 |
| Minimum holding period | 5 years |
Government Administrative Fees
| Category | Fee (USD) |
|---|---|
| Single applicant | $30,000 |
| Applicant with spouse | $40,000 |
| Dependent (18 years and above) | $10,000 |
| Dependent (Below 18 years) | $5,000 |
| Each additional dependent above four family members | $10,000 |
4. 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
| Investment Option | Eligibility | Minimum Investment (USD) | Administration Fee |
|---|---|---|---|
| Option 1 | Applicant alone | US$3,500,000 | US$50,000 (non-refundable) |
| Option 2 | More than one applicant (Joint Venture) | US$6,000,000 (total minimum investment) | US$50,000 (non-refundable) |
| Option 3 | Minimum contribution per applicant | US$1,000,000 | Included above |
| Option 4 | Applicant alone with up to three qualifying dependents | US$250,000 | Applicable administration fees |
Note: Additional CIP fees apply for all investment options (DD fee, application fee, passport fee etc.)
