St Lucia Citizenship by Investment

The St Lucia Citizenship by Investment Programme provides an opportunity to apply for St Lucia citizenship and a huge range of benefits including:

• Global mobility
• Right to hold dual citizenship
• Citizenship for life, with the right to live and work in the country
• Four investment options

OPTION 1

THE NATIONAL ECONOMIC FUND

The National Economic Fund (NEF) was established to receive qualifying investments to fund Government-sponsored projects on the island. Applicants can obtain citizenship by making a monetary contribution to the NEF via one of the prescribed contribution levels.  Due diligence and processing fees apply.

• Main applicant – USD 100,000
• Main applicant and spouse – USD 140,000
• Main applicant, spouse and up to 2 other family members – USD 150,000
• Each additional family member of a main applicant applying with a spouse and 2 other family members – USD 15,000
• Each additional family member for other family structures – USD 25,000
• A new born child 12 months old or below – USD 5,000

OPTION 02

REAL ESTATE

Applicants may obtain citizenship by purchasing Government-approved property valued at a minimum of USD 200,000. This property must be owned and maintained for a minimum of 5 years after citizenship has been granted. Due diligence fees apply.

The following Government administration fees are applicable:

• Main applicant – USD 30,000
• Main applicant and spouse – USD 45,000
• Family member aged 18 years or above – USD 10,000
• Family member under 18 years – USD 5,000
• Each additional family member where the main applicant is applying with a spouse and four other family members – USD 10,000 each
• Due diligence fee -USD 7,500

OPTION 03

PRE-APPROVED ENTERPRISE PROJECT

Applicants can obtain citizenship by making an investment, either independent or joint, in a pre-approved enterprise project. Independent investment must be valued at USD 3.5 million and create at least 3 permanent jobs. For joint investments, each investor must contribute at least USD 1 million, resulting in a joint investment worth USD 6 million and creating at least 6 permanent jobs.

Due diligence, processing, Government administration fees apply.

• Minimum independent investment – USD 3,500,000 (creation of 3 local jobs)
• Minimum joint investment – USD 1,000,000 (creation of 6 local jobs)
• Due diligence fee – USD 7,500

OPTION 04

GOVERNMENT BONDS

Applicants may choose to invest in government bonds to obtain citizenship. Once citizenship has been granted, investments in government bonds must be held in the applicant’s name for a fixed period of time that varies according to the applicant’s family structure. The bonds must not attract a rate of interest for the duration of this period.

The National Action Bond (NAB) is a new non-interest-bearing Government bond available from 1 January 2023 onwards.

• Applicant and all qualifying dependents of any number – USD 300,000 (to be held for 5 years)
• Administrative fee – USD 50,000

St Lucia Citizenship by Investment application process consists of seven steps, which are:

Step 1: Application and pre-approval by CS Global Partners

Step 2: Submission of citizenship application

Step 3: Government processing and due diligence checks

Step 4: Approval in principle

Step 5: Investment in the National Economic Fund, pre-approved real estate, pre-approved enterprise project, or government bonds

Step 6: Citizenship certificate issued

Step 7: Passport application
Is there a residency req

What are the investment options under the St Lucia Citizenship by Investment Programme?

• Contribution to the Government’s National Economic Fund
• Pre-Approved real estate option
• Enterprise option
• Government bonds option

Applicant eligibility

Applicants for citizenship should be at least 18 years of age, in good health and of good character, without a criminal record, and able and willing to make the required contribution.

Which family members can I include in my application for economic citizenship?

You can include:

• Spouse
• Children of the main applicant or of the spouse aged 21 or below
• Children of the main applicant or of the spouse aged no more than 30 and fully supported by the main applicant
• Children of the main applicant or of the spouse, of any age, who are physically or mentally challenged, and fully supported by the main applicant
• Parents of the main applicant or of the spouse if aged 55 or above and fully supported by the main applicant
• Parents of the main applicant of any age if physically or mentally challenged and fully supported by the main applicant
• Siblings of the main applicant aged under 18, unmarried, and in receipt of consent from their parent or guardian to make an application

What does the due diligence process in St Lucia entail?

You will be vetted by multiple entities:

• KYC (know-your-customer) checks performed by local authorised agents.
• Internal checks including AML (anti-money laundering) and CTF (counter-terrorism financing) vetting by the Citizenship by Investment Unit.
• Mandated international due diligence firms perform online and on-the-ground checks.
• Regional and international crime prevention bodies check that you aren’t on any wanted or sanctions lists.

Are citizens of certain countries not allowed to apply?

The following nationals cannot apply for citizenship by investment in St Lucia, as due diligence checks cannot be effectively performed in these countries:

• Russia
• Belarus

The Unit has also warned of difficulties with processing applications from Syria.

All other nationalities are eligible to apply

Is this programme for me?

The following may be a good fit for the programme:

• Individuals/businesspeople looking to establish overseas businesses
• Families seeking better global mobility
  Professionals who want to broaden their horizons
• Families who would like their children to go to prestigious universities

Where do the funds go?

The National Economic Fund (NEF) was established to receive qualifying investments to fund Government-sponsored projects on the island.

• Government of St Lucia
• St Lucia Tourism Authority
• St Lucia Citizenship by Investment Programme