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Posted by Realty St. Lucia on April 28, 2017
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SAINT LUCIA Saint Lucia has announced several amendments to its citizenship by investment programme which are effective from January 1st, 2017.

Please see below the details of the approved changes:

  1. Removing the requirement for an applicant to provide a sworn affidavit to declare financial resources of at least US$3,000,000.00;
  2. Removing the limit of the number of applications which could be granted by the Board, previously set at a maximum of 500 applications;
  3. Providing the option for successful applicants to sign the oath of allegiance before an attorney-at-law, a Consular Officer of Saint Lucia, an Honorary Consul of Saint Lucia, a Notary Royal or a Notary Public;
  4. Adding a non-refundable administration fee of US$50,000.00 to the purchase of non-interest bearing Government Bonds;
  5. Changing the qualifying investments in the National Economic Fund. The new qualifying investments are as follows:

– Applicant applying alone US$100,000

– Applicant applying with spouse US$165,000

– Applicant applying with spouse and up to two other qualifying dependants US$190,000

Each additional qualifying dependant at any age US$25,000”.

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