The government of St. Lucia declared they extended their offer of 50% off COVID-19 Relief Bond. These government bonds were issued as a temporary measure designed to maintain economy in the challenging period. However, this programme has been extended till 31 December 2021 because of high demand.
The value of these bonds is $250,000 which is twice as low as investment in other government bonds. Another advantage is that you can get your money back in 5-7 years while retaining your status of a citizen.
Besides, your family will be able to get a Caribbean passport with you – the number of family members is limited to three, though. If you want to have passports for other relatives, you can pay additional $15,000 per family member.
The number of people included in an application affects the time when you can get your money back. If you apply for St. Lucia citizenship by investment as a single applicant, you will have your money back in five years. If you apply together with your spouse, the money will be paid back in six years, and if you apply as a family of four or more members, you will need to wait for at least seven years.
You can get St. Lucia citizenship without visiting the country. Processing your documents will take about three months, and the passports will be posted to you.
Just like with other Caribbean countries, St. Lucia citizenship is attractive for investors because it guarantees visa-free travel and offshore opportunities for your business. Below, you can find the advantages of this programme.
Purchasing government bonds is not the only way to get a St. Lucia passport. The government has made sure that investors have a choice and an opportunity to find the most suitable option among the following:
Imperial & Legal offers assistance with applying for citizenship for investment not only in St. Lucia, but also in other Caribbean countries. If you are thinking about obtaining a second citizenship, but do not know where to start, feel free to contact us. Our specialists will give you a detailed consultation and help you take the next step.
We will work with you to find a customised solution for your immigration, second citizenship, business, tax and other needs.
St Lucia Citizenship
Caribbean Citizenship Programs