Established in 2015, the St. Lucia Citizenship by Investment Program offers investors the opportunity to obtain a strong passport and promising real estate options. Whether you seek a second passport for enhanced travel convenience or a reliable tax haven, St. Lucia citizenship could be the ideal solution for you.
Benefits of the St. Lucia Citizenship by Investment Program
Visa-Free Travel: Enjoy access to over 140 destinations, including the Schengen Area in Europe, Hong Kong, Singapore, and the UK, without needing a prior visa.
No Residency Requirement: Applicants are not required to reside in or visit St. Lucia.
Family Inclusion: The program allows the main applicant to include a spouse, children under 31, siblings under 18, and parents aged 55 and over. Dependents can also be added after citizenship is granted.
Attractive Investment Costs: The program features competitive investment and processing fees.
Dual Citizenship: St. Lucia recognizes dual citizenship, allowing you to maintain your original nationality.
Requirements for St. Lucia Citizenship by Investment
The St. Lucia Citizenship by Investment Program is governed by the Citizenship by Investment Act No. 14 of 2015. This act established the National Economic Fund (NEF), which receives contributions from qualifying investments, funding national development projects.
Applicants must make a significant economic contribution to the country. In return, and following a thorough application process and due diligence checks, applicants and their families can obtain full citizenship.
The main applicant must be at least 18 years old and meet the application criteria. Investment options include:
National Economic Fund Contribution: A non-refundable donation of USD 240,000 for the main applicant and up to three qualifying dependents. An additional USD 20,000 is required for each dependent aged 18 or older, and USD 10,000 for each dependent under 18.
Investment in Approved Projects: A minimum investment of USD 250,000 in an approved enterprise, plus applicable administrative fees for the main applicant and up to three qualifying dependents.
Real Estate Purchase: Buy real estate valued at a minimum of USD 300,000 from an approved development, which must be held for at least five years. This option accommodates any number of qualifying dependents.
Government Bonds: Invest in non-interest-bearing government bonds with a minimum value of USD 300,000 (plus a USD 50,000 administrative fee), held for a minimum of five years.
All qualifying dependents must have a clean criminal record and not be under investigation for any serious offenses. Individuals deemed a security risk or involved in disreputable activities will not be approved for citizenship.
Procedures and Time Frame for the St. Lucia Citizenship by Investment Program
The Citizenship by Investment Board oversees a dedicated unit that reviews applications. Applications are submitted in both electronic and printed formats by Soluna HK on behalf of the applicant, and must be completed in English.
All required supporting documents must accompany the application for it to be processed. Applications also require non-refundable processing and due diligence fees for the principal applicant, spouse, and each qualifying dependent. Upon approval, the CIU will inform Soluna HK that the necessary funds and government fees must be paid before citizenship certificates are issued.
The main applicant must remit the required investment funds within 90 calendar days of receiving the approval notice. Successful applicants must sign an oath or affirmation of allegiance before a qualified legal professional. The minister may revoke citizenship in exceptional circumstances if necessary.
The typical processing time for the application is between nine to twelve months.
Frequently Asked Questions about the St. Lucia Citizenship by Investment Program
What is the St. Lucia Citizenship by Investment Program? The St. Lucia Citizenship by Investment Program allows individuals and their families to gain citizenship through significant economic contributions.
What investment options are available? Investors can choose from several options: a non-refundable contribution to the National Economic Fund, an investment in an approved enterprise or project, the purchase of real estate from an approved development, or an investment in government bonds.
What are the benefits of obtaining St. Lucia citizenship through investment? Benefits include visa-free travel to over 145 countries, the right to live, work, and study in St. Lucia, and access to the island's beautiful tropical climate and stunning beaches.
What is the minimum investment required? The minimum investment starts at USD 240,000 for contributions to the National Economic Fund.
How long does it take to process an application? The processing time is approximately nine to twelve months.
Can family members be included in the application? Yes, the main applicant can include their spouse, dependent children, and dependent parents in the application.
What are the residence requirements? There are no mandatory residency requirements, although applicants are encouraged to visit St. Lucia.
What documents are needed for the application? Required documents typically include a valid passport, proof of investment or contribution, a clean criminal record, and other supporting documentation.
What is the application process? Applicants must select a qualifying investment, submit their application along with the necessary documents, and undergo a due diligence process.
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Sincerely,
Giulio Cinisi
Managing Partner
SOLUNA HK LIMITED
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