Saint Lucia is a small volcanic island that has a remarkable history. It suffices to recall that in the period from 16th to 19th centuries England and France had a confrontation over that Caribbean island resulting in it changing its “ownership” every 2 years. Saint Lucia is at peace now. Unique landscapes, tropical forests, national parks, sand beaches, clear ocean water and friendly hard-working local population attract up to 300,000 tourists annually.
St Lucia citizenship by investment program as it is now was established in 2015. Foreign investors have got truly unique opportunities.
$100 000 Minimum investment
3 – 4 months Processing time
refundable & non-refundable Investment options
after 5 years Return of investments
home delivery Passport collection
140+ countries Visa-free access
St Lucia passport scheme offers 4 investment options: from non-refundable donation to the government fund to more complicated investments into real estate, financial assets or business. Under all investment schemes, you must also pay government and due diligence fees.
To provide you with more information about the costs of St Lucia economic citizenship program, our experts have compiled the table that shows the costs of St Lucia second passport for each investment group:
Minimum investment – $100 000
It is the easiest way to obtain Saint Lucia citizenship by investment. The government will allocate your money to develop economic, social, infrastructural and scientific projects.
It is a good option for rich investors who, on the one hand, don’t want to “freeze” a large amount of their money for 5 years and, on the other hand, want to obtain St Lucia citizenship quickly and hassle-free: for some people, it is more convenient to make a single non-refundable investment to get St Lucia second passport and have no more worries about the issue later.
A single applicant must be prepared to invest at least $100,000. Dependants come at an additional cost.
* If you want to add investor’s parents to the application for the family with two kids, they will cost another $15,000 for each additional dependent. ** If you want to add any other relative of any age, they will cost another $25,000 for each additional dependent.
Minimum investment – $500 000
Applicants can invest in non-interest-bearing government bonds for a minimum value of $500,000. Investment must be registered in the main applicant’s name and remain in at least 5-year holding bond from the date of first issue. In other words, you lend money to St Lucia’s government in exchange for St Lucia citizenship.
Dependants come at an additional cost. Applicant must also pay government, due diligence and processing fees.
* If you want to add any dependent (apart from your spouse or kid) to the application, they will cost another $25,000 for each additional dependent.
Minimum investment – $300 000
Half of Saint Lucia budget comes from the tourism sector. That’s why, the island has a lot of large-scale construction projects of elite housing and luxury holiday resorts. All these projects need foreign investments, so you can become citizen of St Lucia if you buy a share in a hotel under construction, luxury villa or any other government approved project.
This approach allows to minimise risks and protects investors from unscrupulous developers. Minimum purchase value must amount to $300,000. You won’t be able to sell the real estate for at least 5 years after the purchase.
Imperial & Legal experienced advisors will help you to choose the real estate and property management company as well as to get some monthly rental income from your purchase.
Minimum investment – $1 000 000
Under this scheme, investor can choose to invest into one of the government approved business projects and create several permanent jobs.
Foreign investments are approved and required in the following fields:
Five years after you have obtained St Lucia passport, you will be able to sell your share in the company and recover the costs.
With St Lucia passport, you can cross borders of 146 countries, including the UK, the EU and Singapore. You can stay in the EU without a visa for 90 days in a row, in the UK – for 180 days. The USA grants business visas to St Lucia citizens for up to 6 months.
High–quality education for children in the UK
Since St Lucia is a member of the Commonwealth of Nations and is formally headed by the Crown, your children can use a unique opportunity to apply to the UK colleges and universities on favourable terms.
New business opportunities
St Lucia is an offshore zone that offers favourable opportunities to register an international company since St Lucia-registered companies trading abroad don’t pay tax on foreign profit.
With St Lucia second passport, it is easier to work with large international banks. You can benefit from low-cost credits and simplified schemes of transactions with foreign counteragents.
If you obtain St Lucia citizenship, as St Lucia tax resident you can take advantage of a flexible tax regime. There are no taxes on foreign income, inheritance, wealth, capital gains and interest.
In contrast to most of other Caribbean jurisdictions, Saint Lucia has stable political and economic environment, low crime rate and relatively high standards of living. This calm picturesque and remote island with mild climate can become your second home if there are problems in your home country.
Imperial & Legal qualified advisors will assist you in any issue concerning St Lucia citizenship by investment program. Imperial & Legal adopts personalised approach since all our clients and their personal circumstances are unique.
It normally takes more than 3 months to prepare and submit the application and get St Lucia passport. Standard processing can be divided into 5 steps.
Timeframe: 1 day
We can arrange consultation with an Imperial & Legal advisor either in our office or remotely by telephone or WhatsApp/Zoom/Skype. Our experts will help you to choose the right investment option and provide a breakdown of St Lucia citizenship costs for you and your family.
Once we sign a service agreement, our advisors will assess your situation to eliminate risks of refusal at the beginning and present your case in the best light.
Timeframe: 2-4 weeks
Timeframe: 3 months
Timeframe: up to 4 weeks
Timeframe: up to 3 weeks
Once your investment is confirmed, you will be booked for an online citizenship ceremony during which you will swear an oath to your new home country. After that, St Lucia’s government will issue you and your family certificates of naturalisation. With that in hand, Imperial & Legal can apply for your St Lucia passport.
After you pay passport fee, you can collect your St Lucia passport either in our office or we will arrange for it to be couriered to your home address.
Yes, there is such an option. St Lucia immigration authorities may consider the application for your relatives’ citizenship sent though your agent if:
If they are your spouse, it will cost you $35,000 (contribution to National Economic Fund or government fee). If you want to add any other relative who meets all the requirements, you will have to pay another $25,000 for each additional dependent. If you add a newly-born child (up to 12 months) to the application, your additional costs will amount to $500.
After the cost comparison of all St Lucia investment schemes for a family with two kids, we may conclude that investment in government bonds is the most cost-efficient option if you have legally sourced $550,000 that you are ready to “lend” to Saint Lucia’s government for 5 years.
The table below shows non-refundable costs. They include contribution to the National Economic Fund, due diligence fees and various government fees.
with two kids
No, by law, applicants can’t contact immigration authorities directly. Legal firms serve as intermediates and take responsibility for the preparation of the applicant’s documents, so that the process doesn’t turn into a series of official requests. During the preliminary negotiations, the agents assess the applicant’s chances to obtain St Lucia second passport. Some of them even conduct their own due diligence checks to eliminate risks of refusal.
Without immigration advisors, it would be inconvenient for applicants to obtain Caribbean passport. They would have to fly to the island personally to choose the appropriate real estate for investment, submit biometric data, swear an oath, get naturalisation certificate and wait for the passport. With Imperial & Legal you will obtain St Lucia passport 100% remotely.
The official website of St Lucia citizenship by investment program informs that only the application processing usually takes up to 90 days. Some legal firms promise to obtain and send St Lucia passport to the applicant in 90 days. In reality the whole process to get St Lucia passport normally takes 3-4 months.
The processing time depends on the documents that you submit together with your application. All the documents must be translated to English, their copies notarised and apostilled . If your documents arouse no doubts of the immigration authorities, your application will be approved quickly.
We will help you choose and make an investment and apply for a passport for the whole family. Get in touch now to discuss your requirements.
Second passport by investment
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