Acquiring citizenship is no longer a painstaking journey that takes many years: in fact, you can complete it in a few months and get a second passport in addition to the main one. All you have to do is to invest a certain amount in the economic development of a country that offers a citizenship-by-investment program. Second citizenship is a must in the present-day world if you want to be flexible and pack your bags quickly if the situation in your country of residence suddenly turns for the worse.

The first thing you should do is find out as much about the opportunity as you can. We are happy to offer you a good knowledge base – our international portal where you can read lots of articles on how to get citizenship through investment in St. Lucia and other countries and ask questions. We have a team of professional experts who will help you.

Why do you need a specialist if you can submit documents online by yourself? Well, the truth is you cannot. The matter is that the local authorities of countries that offer economic citizenship do not work with individuals directly. They will accept your package of documents via a registered agent who has a special license to deal with immigration matters. Contact us: all you will need to do is to collect the documents, send them to us, and make the relevant investment – and we will tackle the remaining problems.

Economic Passport of St. Lucia: Benefits

You will become a citizen of a beautiful country with high mountains, stunning beaches, and jungles with monkeys. But is there anything else in addition to the natural beauty? Here is a list of advantages that a St. Lucian passport will give you:

• You will have the right to visit 116 countries without a visa
• You get a CARICOM passport (in other words, a passport of the Caribbean Community). It means that you will be entitled to freely live, work, or study in any country of the Caribbean region and enjoy their political and economic stability
• You will not have to renounce your current citizenship if your country of residence allows for dual citizenship
• The authorities of the country where you live will not find out that you have acquired a second passport in St. Lucia. This information may only be disclosed upon a serious official request of your country of residence if it is well-grounded
• St. Lucia is a paradise for investors as putting money into real estate, business project, or country infrastructure pay back really quickly
• St. Lucia is a low-tax jurisdiction, which will be a real relief if you move from a country with a high tax burden. The country is also a favorable destination for tax planning or asset protection

And here are some extra benefits for those who want to consider living in St. Lucia:

• The quality of life in the country is really impressive
• St. Lucia is a safe island where the crime rate is really low
• You can benefit from the country’s well-developed infrastructure and all up-to-date technologies imaginable
• St. Lucia is a paradise on Earth when it comes to weather: the temperature is stable all year round and ranges from 25°C to 27°C (77-80°F), and rains do not last for more than a few minutes.
• If you like luxury life, the island has something to offer: enjoy premium-class real estate, exquisite hotels, excellent restaurants, and top-quality services
• No matter whether you love active city life or quiet rural areas, you will find both opportunities in St. Lucia. You will not be cut off from civilization in the second case, though, as the island is not very big and can be crossed within one hour.

We hope you found life in St. Lucia impressive – at least in some aspects. Now is a good time to find out how much you will have to invest in the national economy to obtain a second passport.

St. Lucia Citizenship: Investment Options

There are several investment options, and you can choose the one to your liking.

Donation to the National Fund

Pay attention to the fact that this donation is non-refundable! This is just your contribution to the development of the local infrastructure.

You will have to invest the following amount in the National Economic Fund:

• 100,000 US dollars if you apply alone
• 140,000 US dollars if you apply as a couple
• 150,000 US dollars for a family with three to four members
• 15,000 US dollars per each additional dependent

Investment in Real Estate

This investment is refundable as you can resell the property in five years. However, you cannot buy any piece of real estate you like: you can only choose one from the list approved by the government. You are not required to buy a whole object: joint ownership is possible, as well as purchasing construction company shares. The amount you need to invest is 300,000 US dollars for any number of dependents.

You are also liable for non-refundable administrative fees:

• 30,000 US dollars for the main applicant
• 45,000 US dollars for a couple
• If you have three to four dependents, you will pay USD 45,000 for the couple plus 5,000 per dependent under 18/10,000 per dependent over 18
• Each extra dependent (fifth, sixth, etc.) will cost you an additional 10,000 US dollars

Investment in a Business Project

This is a refundable investment in the local infrastructure (roads, ports, pharmaceutical/agricultural and other industries, and so on). This investment should be approved by the government, and it is quite high:

• If you join a group of investors in the project, your share needs to equal 1,000,000 US dollars, and you will be required to create at least 3 permanent jobs.
• If you decide to invest independently, the amount equals 3,500,000 US dollars, and you will have to create at least 6 permanent jobs.

Additional administrative fees are also applicable.

Investment in Bonds

You can invest in zero-interest government bonds acquired from a licensed broker or the St. Lucian Ministry of Finance. You will need to invest 300,000 US dollars regardless of the number of dependents.

Do you still have some questions? Follow the above link to get detailed explanations from our qualified experts. Some of our services are free: if you doubt that St. Lucia is exactly what you need, we will analyze your requirements and shortlist a few jurisdictions for you at no fee. Book a session today!