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CBI Summary
- MINIMUM INVESTMENT - USD$100,000
- DUAL CITIZENSHIP OPTION AVAILABLE
- PROCESSING TIME 90 DAYS
- RESIDENCY REQUIREMENT NONE
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St Lucia Citizenship by Investment Programme
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.
Explore the top luxury rental homes in St. Lucia
St. Lucia is renowned for its exquisite luxury rental homes, each offering a unique blend of opulence and comfort. From secluded cliffside villas to beachfront estates, the options are as diverse as the island’s natural landscape. The iconic Pitons serve as a backdrop for many of these homes, providing an awe-inspiring setting that is sure to capture your imagination. Whether you seek a romantic hideaway for two or a sprawling estate for a group retreat, St. Lucia’s luxury rental homes cater to every taste and preference, ensuring that your vacation unfolds exactly as you envisioned.
One standout property is the stunning Jade Mountain, an architectural marvel that seamlessly integrates with its natural surroundings. This resort offers a collection of private infinity pool sanctuaries, each boasting unparalleled views of the Pitons and the Caribbean Sea. Another gem is The Landings Resort & Spa, where elegant villa suites overlook a private marina, exuding a sense of timeless luxury and sophistication. Whether you prefer modern minimalism or classic Caribbean charm, St. Lucia’s luxury rental homes present an array of options that cater to the most discerning travelers.
FAQ's- Tips for choosing the perfect luxury rental home
Selecting the perfect luxury rental home in St. Lucia requires careful consideration of your preferences and priorities. Begin by defining the type of experience you envision, whether it’s a romantic retreat, a family vacation, or a group getaway. Consider the location of the property and its proximity to the attractions and activities that pique your interest, ensuring that you can effortlessly explore the island’s treasures. Additionally, take note of the amenities and services offered, such as private pools, beach access, and personalized concierge assistance, as these elements contribute to the overall quality of your stay.
When browsing luxury rental homes in St. Lucia, pay attention to the property’s reviews and guest feedback, gaining insights into the experiences of previous visitors. This firsthand knowledge can provide valuable guidance in making an informed decision that aligns with your expectations. Furthermore, reach out to the property’s management or concierge team to inquire about any special requests or arrangements that can enhance your stay, from organizing celebratory events to arranging exclusive experiences tailored to your preferences. By approaching the selection process with attention to detail and a clear vision of your ideal vacation, you can ensure that the luxury rental home you choose becomes the perfect backdrop for your St. Lucia escape.
In St. Lucia, there are several popular neighborhoods for renting homes. Here are a few of them:
- Rodney Bay: Located on the northwest coast, Rodney Bay is a popular tourist area with a range of rental options. It offers a vibrant nightlife, shopping centers, restaurants, and beautiful beaches.
- Cap Estate: Situated on a peninsula in the north of the island, Cap Estate is known for its luxury properties and stunning views. It is a quiet and upscale neighborhood with access to golf courses and the beautiful Pigeon Island National Landmark.
- Marigot Bay: Considered one of the most beautiful bays in the Caribbean, Marigot Bay offers a picturesque setting for rental homes. It is known for its tranquil atmosphere, luxury resorts, and yacht marina.
- Soufriere: Located on the southwest coast, Soufriere is famous for its natural beauty, including the iconic Pitons. It offers a range of rental options, from beachfront villas to eco-lodges, and is close to attractions like the Sulphur Springs and Diamond Falls.
These are just a few examples, and there are other neighborhoods in St. Lucia that also offer rental homes. It’s recommended to explore further and consider your preferences and budget when choosing a neighborhood.
When it comes to renting a home in St. Lucia, there are certain restrictions and requirements that you should be aware of. Here are some key points to consider:
- Work Permit: If you are a non-national of St. Lucia, you will need a valid work permit to legally work and reside in the country. This requirement may vary depending on the type of rental agreement you are seeking.
- Rental Agreement: It is important to have a written rental agreement in place that outlines the terms and conditions of the rental, including the duration, rent amount, security deposit, and any other specific terms agreed upon by both parties.
- Security Deposit: Landlords in St. Lucia typically require a security deposit, which is usually equivalent to one or two months’ rent. This deposit is held as security against any damages or unpaid rent during the tenancy period.
- Rental Application: Landlords may require potential tenants to fill out a rental application form, providing personal and financial information, as well as references from previous landlords or employers.
- Rental Costs: In addition to the monthly rent, tenants are often responsible for paying utility bills such as electricity, water, and internet/cable services. Make sure to clarify these details with the landlord before signing the rental agreement.
- Landlord’s Requirements: Some landlords may have specific requirements for tenants, such as a minimum income threshold or a preference for non-smokers or no pets. It is advisable to inquire about any such requirements in advance.
- Real Estate Agents: Working with a reputable real estate agent can help facilitate the rental process in St. Lucia. They can assist in finding suitable rental properties and guide you through the necessary paperwork.
It is important to note that the specific requirements and restrictions may vary depending on the individual landlord or property management company. It is always recommended to thoroughly read and understand the terms of the rental agreement before signing any contracts.