The payment stages for citizenship by investment program in Saint Lucia can be broken down in several stages. No upfront investment needed. All payments done only in stages over time. Invoices will be issued accordingly.
All payments must be made via international bank wire transfer to an officially designated escrow or government account for safety reasons.
Step 1 – On Submission
During the first stage Pay only CIP due diligence fee, application fee and 50% of agency fee. You can pay securely in secure epayment portal directly to the government bank wire transfer. The agent will provide you application number to enter in the portal.
- Due Diligence Fees: $7,500 for the main applicant, plus $5,000 for each dependent aged 16 and older.
- Application Fees: $2000 for principal applicant ($1000 for each dependent).
Step 2 – Approval in Principe
Due within 30 days of receiving your approval in principle from the Saint Lucia Citizenship by Investment Board. You will make the investment directly to the government accounts. The agency fees paid separately to the agent.
- Remit the Investment (NEF, Bonds, Real Estate)
- Government Fees (only for bonds and real estate exempted for NEF)
- Bank compliance fees
Note that a deposit slip or wire transfer clearly showing the name of the depositor and the date of the deposit must be attached to your application as evidence that the non-refundable processing, due diligence and administrative fees have been paid. Please make sure you add bank fees to the transfer. Amounts received below the required minimum will cause significant delays.
Name of Account Holder: Citizenship by Investment Board
Bank Address:
Bank of Saint Lucia Limited,
Waterfront,
Castries,
Saint Lucia W.I.
Bank Account Number:101412504
Branch Swift Code: BOSLLCLC
Step 3 – Investment Confirmation
The CIP unit will verify your investment and will issue letter of approval for citizenship. You will be issued certificate of registration for citizenship after finalizing the interview.
Step 4 – Interview and Oath
You have to appear for interview and Oath ceremony to complete the citizenship process.
Step 4 – Passport Fees
You will pay passport fee and other miscellaneous costs.
Passport Fees: $100 per passport.
Certificate of Citizenship Fee: $100 per certificate.
Bank Compliance
The Bank of Saint Lucia does compliance checks for payments received under CIP program in US dollars and will request several documents to clear the payment. The senders and receivers bank may require extensive documentation regarding the source of your wealth (e.g., tax returns, business registries, proof of sale) to comply with international Anti-Money Laundering (AML) regulations.
Cryptocurrency not officially acceped for CIP program (not legal tender)
The senders account must match the applicant name for the transfer to go through smoothly. If you own a company and hold 100% of the shares, you can transfer from your company account.
Please contact us if you have any questions surrounding payment instructions.
