The Saint Lucia’s National Economic Fund is a straightforward way to apply for citizenship while enhancing the infrastructure and utilities of the island nation. The Government has established a special fund under Section 33 the Citizenship by Investment Act 2015 known as the Saint Lucia National Economic Fund under the citizenship by investment program.
Role of Fund
The functions of the Fund are —
- to advance loans for a Government approved capital project;
- to provide investment for a Government approved capital project;
- to reduce Government debt;
- to purchase Government bonds; and
- to provide monies for a purpose approved by Cabinet. (Amended by Act 15 of 2021)
The governing body of the Saint Lucia National Economic Fund is the Saint Lucia National Economic Fund Board.
Minimum Contributions
| 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 |
Additional Fees
| Fee Type | Amount (USD) |
|---|---|
| Application fee (Main applicant) | $2,000 |
| Application fee (Each dependent) | $1,000 |
| Due diligence fee (Main applicant) | $8,000 |
| Due diligence fee (Each dependent aged 16+) | $5,000 |
| Bank fee | $1,000 |
| Mandatory interview fee (Main applicant) | $500 |
Application Decision
Once your application has been approved, you will need to make the minimum qualifying investment for yourself and, if applicable, your family. The Saint Lucia Citizenship by Investment Board considers all applications carefully and holds the right to grant, deny or delay for cause.