St. Lucia Citizenship by Investment 2023
A Caribbean Island nation, St Lucia boasts lush rainforests, beautiful beaches, vibrant culture, and scenic natural beauty. It is also a popular destination for those looking to enjoy a relaxing lifestyle and explore the wonders of nature.
However, apart from the natural beauty, this island nation has a lot more to offer in terms of investment opportunities and an economically stable lifestyle through its very popular citizenship by investment program.
St. Lucia Citizenship by Investment Program
St Lucia’s citizenship-by-investment program was first introduced in 2015, as part of the country’s efforts to attract foreign investment and boost economic development. The program allows individuals to acquire citizenship in St Lucia by investing in the country, with options including real estate, government bonds, or business investment.
Over the years, the St Lucia passport has gained attention from investors across the globe. The St Lucia second passport brings along a host of benefits for the investors apart from St Lucia dual citizenship.
The process for acquiring a St Lucia passport is relatively simple and can be completed in as little as three months. The first step is to make an investment in the country, which can be done through a variety of options such as real estate or a government bond. Once the investment is made, applicants must submit all required documentation and undergo a background check. After the application is approved, the applicant will take an oath of allegiance and be granted citizenship.
Why Choose St. Lucia?
St Lucia offers a number of advantages over other countries when it comes to acquiring dual citizenship. These include a relatively low cost of living, a stable political environment, and access to a wide range of visa-free travel destinations. Additionally, St Lucia’s citizenship-by-investment program is one of the most straightforward and efficient in the Caribbean.
HOW AND WHERE TO INVEST FOR ST. LUCIA CITIZENSHIP?
1. CONTRIBUTION TO THE NATIONAL ECONOMIC FUND
St. Lucia National Economic Fund is a special fund established for Citizenship by Investment for the sole purpose of receiving qualifying investments for funding government-sponsored projects. A contribution of $100,000 is required for a single applicant under this option.
2. INVESTMENT IN GOVERNMENT BONDS
Under this option, you can make purchases of non-interest-bearing government bonds. These bonds must be registered and remain in the name of the applicant for a five-year holding period from the date of the first issue. The cost of the investment is US$300,000 for a single applicant.
3. INVESTMENT IN PRE-APPROVED REAL ESTATE
Applicants must invest at least US$ 200,000 in an approved real estate investment to qualify for citizenship under the Real Estate Option.