program
Saint Lucia Citizenship by Investment
Program Overview
Minimum Investment
$240,000 Donation
Minimum Investment
$300,000 Real Estate
Time to Citizenship
4-6 Months
Visa-free Access
140+ Countries & Territories
Saint Lucia Citizenship by Investment Requirements
The St. Lucia Citizenship Program was launched in December 2015 and it’s the newest one of the Caribbean programs for citizenship by investment.
To be able to apply for this program you should be at least 18 years of age, in good health, and without a criminal record.
Additionally, you are required to make a non-refundable donation to the Saint Lucia National Economic Fund or make an investment in government-approved real estate projects.
Main Applicant Requirements
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Receive approval by the government
- Confirmed investment sources
Eligible Dependents
- Spouse of the main applicant
- Adult children (biological or adopted) under 30 years of age
- Parents above 55 years of age
- Unmarried siblings below the age of 18 who have received consent from their parents to make a citizenship application
Saint Lucia Citizenship by Investment Benefits
Visa-free travel
Visa-free and visa-on-arrival travel to over 140 countries and territories including Hong Kong, Singapore, the Schengen Area, and the United Kingdom.
Guaranteed by law
St. Lucia is a stable country which is part of the Commonwealth with a democracy based on the British parliamentary system.
Straightforward process
Designed to be a smooth and straightforward process with a timeframe of 6 months to your new citizenship.
Tax relief
St. Lucia imposes minimal taxation, with an exception of no taxation on wealth, gift, inheritance, foreign income, or capital gain.
Minimal residency required
There are no requirements to travel to St. Lucia during or after the application. Also, there are no residency requirements.
Dual Citizenship permitted
There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.
SAINT LUCIA | Citizenship by Investment
Legal Basis in Saint Lucia
The Saint Lucia Citizenship Act passed both houses of Parliament in August of 2015. The regulations regarding Citizenship by Investment in Saint Lucia are contained in Statutory Instrument No.89 of 2015. The Act enables individuals and families to acquire Saint Lucian citizenship upon making a qualifying investment.
Costs of Saint Lucia Citizenship by Investment
Single Applicant
USD 240,000
Main Applicant with up to 3 qualifiying dependents
USD 240,000
Each additional qualified dependent below the age of 18
USD 10,000
Each additional qualified dependent above the age of 18
USD 20,000
Minimum Investment
USD 300,000
Main applicant
USD 30,000
Main applicant & spouse
USD 45,000
Applicant applying with spouse & more than 4 dependents
USD 10,000
Each additional qualified dependent below the age of 18
USD 5,000
Each additional qualified dependent above the age of 18
USD 10,000
Main applicant
USD 250,000
Main applicant and spouse
USD 250,000
Main applicant with up to 3 qualifying dependents
USD 250,000
Each additional qualified dependent regardless of age
USD 10,000
Application
USD 15,000
Main Applicant and Spouse
USD 20,000
Main Applicant with two dependents
USD 25,000
Main Applicant with three dependents
USD 30,000
Each additional qualifying dependent
USD 10,000
Main applicant
USD 2,000
All eligible dependents
USD 1,000
Investment amount
USD 300,000
Non-refundable adminstration fees
USD 50,000
Main applicant
USD 8,000
Eligible dependents aged 16 and older
USD 5,000
Application Process For Saint Lucia Citizenship by Investment
Application Process
6 months
- Step 1Savory & Partners will pre-screen your passport for government pre-approval. A down payment for professional fees will be applicable in order to start your application.
- Step 2Savory & Partners professional team will assist and advise you with the collection of the documents required according to the government checklist.
- Step 3Your application is then submitted together with due diligence fees. If taking real estate option, a reservation of your chosen property must be made at this time. The real estate investment is fully refundable should your application not get approved.
- Step 4Due diligence report is issued to the government. Based on the report the government makes its decision on your Citizenship application.
- Step 5Once accepted you are invited to pay the donation or if taking the real estate option, pay the balance of your purchase is made.
- Step 6A certificate of registration, citizenship certificate and passport are issued in your name. The balance of the professional fees is then paid.
PORTUGAL | RESIDENCY BY INVESTMENT
READY TO APPLY?
Visa-free Countries for Saint Lucia Citizenship
VISA-FREE AND VISA-ON-ARRIVAL COUNTRIES
140+ Countries & Territories
Visa-free access (113 countries & territories)
- Andorra
- Angola
- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Austria
- Bahamas
- Barbados
- Belgium
- Belize
- Bermuda
- Bonaire, St. Eustatius and Saba
- Bosnia and Herzegovina
- Botswana
- Brazil
- British Virgin Islands
- Bulgaria
- Cayman Islands
- Chile
- Colombia
- Cook Islands
- Costa Rica
- Croatia
- Cuba
- Curacao
- Cyprus
- Czech Republic
- Denmark
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Estonia
- Eswatini
- Faroe Islands
- Fiji
- Finland
- France
- French Guiana
- French West Indies
- Gambia
- Germany
- Gibraltar
- Greece
- Greenland
- Grenada
- Guatemala
- Guyana
- Haiti
- Honduras
- Hong Kong
- Hungary
- Iceland
- Ireland
- Israel
- Italy
- Jamaica
- Kiribati
- Kosovo
- Latvia
- Lesotho
- Liechtenstein
- Lithuania
- Luxembourg
- Malawi
- Malaysia
- Malta
- Mauritius
- Micronesia
- Moldova
- Monaco
- Montenegro
- Montserrat
- Netherlands
- New Caledonia
- Nicaragua
- Norway
- Palestinian Territories
- Panama
- Peru
- Philippines
- Poland
- Portugal
- Romania
- Rwanda
- Saint Kitts and Nevis
- San Marino
- Singapore
- Slovakia
- Slovenia
- Spain
- St. Helena
- St. Maarten
- St. Pierre and Miquelon
- St. Vincent and the Grenadines
- Suriname
- Sweden
- Switzerland
- Taiwan
- Tajikistan
- Tanzania
- Trinidad and Tobago
- Tunisia
- Turks and Caicos Islands
- United Kingdom
- Uzbekistan
- Vanuatu
- Vatican City
- Venezuela
- Wallis and Futuna
- Zambia
- Zimbabwe
Visa on arrival (28 countries & territories)
- Bangladesh
- Bolivia
- Burundi
- Cambodia
- Cape Verde
- Comoros
- Djibouti
- Egypt
- Guinea-Bissau
- Jordan
- Laos
- Macao
- Madagascar
- Maldives
- Mauritania
- Mozambique
- Nepal
- Niue
- Palau
- Samoa
- Senegal
- Seychelles
- Sierra Leone
- Solomon Islands
- Timor-Leste
- Tonga
- Turkey
- Tuvalu
(eTA) access (4 countries & territories)
- Kenya
- Pakistan
- South Korea
- Sri Lanka
e-Visa access (32 countries & territories)
- Albania
- Armenia
- Australia
- Bahrain
- Benin
- Bhutan
- Burkina Faso
- Cameroon
- Congo (Dem. Rep.)
- Côte d’Ivoire (Ivory Coast)
- Equatorial Guinea
- Ethiopia
- Gabon
- Georgia
- Guinea
- India
- Indonesia
- Iran
- Kazakhstan
- Kyrgyzstan
- Libya
- Mongolia
- Nigeria
- Oman
- Papua New Guinea
- Sao Tome and Principe
- South Sudan
- Tajikistan
- Thailand
- Uganda
- United Arab Emirates
- Vietnam
Client Success Stories
Success Stories - A safe and bright future
The problem
Our Indian client, a business owner and single parent was looking for long-term residency in a country that would ensure quality education and safety for his daughter. With a successful business set-up in his home country, he could not consider relocating as it would limit his growth opportunities. At the same time, he wanted to secure a bright future for his daughter ensuring world-class education but was also wary about her well-being and safety. Above all, recently divorced, it was challenging for the client to procure documents for his daughter.
The solution
When the client approached Savory & Partners, we considered the many sentiments involved including that of a father, a dedicated businessman and a single parent. We understood his requirement and prepared a strategy that would not only serve his personal life positively but would see his business grow by leaps.
We recommended Portugal, not just for the simplicity of obtaining a residence permit but its exceptional education system and healthcare. Portugal is known for its outstanding higher education institutions.
Portugal has a lot of different immigration options available. The passive income - the D7 visa, the newly christened Digital Nomad Visa and the option that is tailor-made for businessowners - the Portuguese D2 visa.
Our client could fulfill his residency requirements while also maintaining an active management role in his company without worrying about spending too much time outside of Portugal.
With residential flexibility of the Golden Visa, his daughter could relocate to Portugal immediately and he could fulfil his residency requirements while also maintaining an active management role in his company back home without worrying about spending too much time outside of Portugal. As of 2021, Portugal is globally ranked in the top ten in terms of ease of registering a company. Meaning our client would not only go ahead and bring his existing business to Portugal but could venture into new business opportunities across Europe.
Approaching Savory & Partners to undertake his residency application ensured that the client would have all the necessary documents for himself and his daughter ready on time. Our agents oversaw that all requirements for a successful due diligence were also fulfilled.
Download brochure
Content
- Saint Lucia Country profile
- Benefits of the program
- Investment requirements
- Investment process
Length
4 pages
Language
English & Arabic
size
1 mb
ABOUT SAINT LUCIA
CAPITAL
Castries
TOTAL AREA
617 km²
POPULATION
179,857
LANGUAGE(S)
English, Patois
CURRENCY
East Caribbean Dollars (XCD)
EXCHANGE RATE
1 USD = 2.70 XCD
GDP – PER CAPITA (2022)
USD 13,030
GDP – TOTAL (2022)
USD 2.344 billion
About St. Lucia
Named after St. Lucy, a Roman Catholic Saint, the island of Saint Lucia is located in the Atlantic Ocean in the Caribbean. This volcanic island is part of the Windward Island and situated close to the islands of Martinique and St. Vincent.
The island is famous for its 2 volcanic mountain caps – “The Pitons” based in a World Heritage Site. Also, it boasts the world’s only drive-in volcano.
Lucia has a total area 620 square kilometres (239 square miles) and is 43km long (27 miles) by 23km wide (14 miles).
The weather is typical for a Caribbean island with temperatures ranging from 21 – 32 degrees. The tropical climate is moderated by northeast trade winds that allow for pleasant year-round conditions. Although the island is located in the hurricane belt, it has been spared from all destructive hurricanes in the past.
The official language is English, however, 95% of the population speak a French dialect – Saint Lucian Creole French.
The country is a member of the British Commonwealth and the United Nations and the legal system in Saint Lucia is well-respected and based on English law.
Saint Lucia is a member of the UNO and WTO, African, Caribbean and Pacific Group of States, Association of Caribbean States, Caribbean Community, Non-Aligned Movement, Organisation Internationale de la Francophonie, Organisation of the Eastern Caribbean States and the Organisation of American States. The island also hosts the headquarters of the Organisation of Eastern Caribbean States in the capital city of Castries.
The currency is the Eastern Caribbean dollar (XCD) which is pegged to the U.S. dollar.
The Saint Lucia Citizenship by Investment Program, also known as St Lucia CIP, is a respected and government approved program. There are no capital gains or inheritance taxes in Saint Lucia. You will not be taxed on worldwide income if you are simply holding a citizenship and are not a resident of Saint Lucia. Property tax is levied on all properties.
The island’s main export is bananas, but they also export beer and petroleum oils. However, tourism is very important to the Saint Lucian economy with many visitors arriving on the island from cruise ships.
Where is St. Lucia?
Saint Lucia is in the Caribbean, an island between the Caribbean Sea and North Atlantic Ocean, north of Saint Vincent and north-west of Barbados.
SAINT LUCIA | Citizenship by Investment
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