St Lucia Citizenship by Investment Programme

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The St Lucia Citizenship by Investment Programme, launched in 2015, is the newest addition to the Caribbean Investment Immigration landscape. The St Lucia Citizenship by Investment Programme provides benefits for those individuals and investors interested in obtaining a second passport at an affordable cost and in a reasonable time frame.

This programme offers a range of investment options, including real estate, government bonds, and business ventures, allowing investors to gain access to the benefits of St Lucian citizenship.

Who Can Apply for the St Lucia Citizenship by Investment Programme?

The St Lucia Citizenship by Investment program is open to individuals and their families who meet the eligibility criteria. It is important to note that Citizens from Iran, North Korea, Crimea, Russia and Belarus are not allowed to apply for such programme.

Applicants must be at least 18 years old, of good character, and have a clean criminal record. They must also demonstrate that their funds for the investment come from legal sources. 

Applicable Fees

The St Lucia Citizenship Programme is the best entry route to obtaining a second passport either through a maximum government donation of $100,000, a property investment of not less than $200,000 or an injection of at least $3.5 million in an approved business venture.

Eligibility Requirements: How to obtain Citizenship by Investment in St Lucia

The St Lucia Citizenship by Investment programme offers four main investment options for individuals seeking to obtain citizenship:

  1. Real Estate Investment: This option requires an investment of at least USD 200,000 in an approved real estate development project in St. Lucia. The investment must be held for a minimum of five years and can be sold after that period.
  2. Government Bond Investment: This option requires an investment of at least $300,000 in non-interest-bearing government bonds that must be held for a minimum of five years. The bonds are issued by the St. Lucia government and are used to fund approved public sector projects. An additional $50,000 is also applicable.
  3. Business Investment: This option requires an investment of at least $3.5 million in an approved business venture that will create at least three jobs for St. Lucian citizens. The investment must be held for a minimum of five years and must be approved by the St. Lucia government.
  4. National Economic Fund which is a special fund whereby the main applicant would need to make a one time donation of $100,000 to the Government which will fund Government-sponsored projects.

Overall, the St Lucia Citizenship by Investment program provides a range of investment options to suit different investor profiles, allowing them to gain access to the benefits of St Lucian citizenship through a qualifying investment.

Other Fees

The above investments do not include other fees like Due Diligence, Professional fees or any other costs. 

Due Diligence

Aside from these financial criteria, applicants undergo a strict due diligence process and they are subject to background checks.

Our Advisory team will be happy to assist you and provide you with a capital outlay for the St Lucia Citizenship by Investment Programme so you can have the full associated cost for your particular application. Our team and partners will guide you through the process of becoming a citizen of St Lucia.

Application Process: Step-By-Step Guide

1. Sign with CSB Group as your trusted partner;

Our team of specialists in citizenship by investment is committed to assisting you in finding the most suitable investment options that fulfill the necessary requirements for a successful application. 

2. Provide all necessary KYC documents which include passports, birth and marriage certificates, police clearance certificates etc;

You will receive a comprehensive checklist, and our experienced citizenship specialists will guide you through the process of gathering the required documents. Each document will be carefully reviewed to ensure that all requirements are met.

3. Submit KYC documents to the St. Lucia Citizenship by Investment Unit 

Once you have provided us with all the necessary paperwork, our team will thoroughly examine your file and prepare it for submission. An authorized local agent will then submit your application to the government of Saint Lucia in compliance with the applicable laws. Prior to submission, it is essential to pay the Due Diligence and application fees to the St Lucia Citizenship By Investment Unit.

4. Application processing

Upon submission, the St Lucia Citizenship By Investment Unit will meticulously screen your application through an extensive background check to verify the provided information.

5. Receive pre-approval

Once the government has evaluated your application and reached a decision, you will receive a letter accompanying the outcome of the review.

6. Fulfill your investment commitment

This may involve a non-refundable contribution, purchasing real estate, or investing in government bonds.

7. Delivery of your Saint Lucia Passport

Following your investment, your Saint Lucian citizenship certificate will be issued. Additionally, we will submit your passport application on your behalf, and your Saint Lucia passport will be delivered to your preferred location via courier, eliminating the need for you to visit Saint Lucia in person.

Processing Time

The Government of St. Lucia has recently introduced significant changes to the remote processing of applications in 2023. Through the implementation of an efficient "pre-processing module," the average processing time for granting citizenship has been reduced to an impressive 45 days. This module enables applicants to submit essential documents for law enforcement background checks before completing the citizenship application form, without incurring any additional costs. As a result, the Citizenship by Investment Programme in St. Lucia stands out as one of the swiftest and most cost-effective programmes in the Caribbean.

Overall, the entire process, from submitting the application to receiving the St. Lucian passport, takes approximately 3 to 4 months for most nationalities participating in the Citizenship by Investment Programme. It is crucial to note that all applications must be uploaded to the CIP portal for review by the unit and subsequent submission to the Board for a final decision.

Documents required

  • Original birth certificate;
  • Name change certificate (if applicable);
  • ID Cards;
  • Valid travel document;
  • Passport size photos;
  • Proof of residential address;
  • Marriage/Divorce Certificate (if applicable);
  • Education certificates and transcripts (if applicable);
  • Professional reference letter. 

Benefits of having a St Lucia Passport

Obtaining St. Lucia citizenship through the Citizenship by Investment programme offers numerous benefits to investors. Firstly, it provides access to a favourable tax system, with no income, wealth, or inheritance taxes imposed on citizens. This can result in significant savings for high-net-worth individuals and their families.

Additionally, St. Lucia citizenship allows for visa-free travel to over 145 countries, including the Schengen area, the UK, and Hong Kong. Another significant advantage of the program is the ability to obtain a second passport, which can provide increased mobility and security for the investor and their family. St. Lucia also has a stable political climate and a strong economy, making it an attractive destination for investment and business opportunities.

Finally, obtaining St. Lucia citizenship through the program is a straightforward and efficient process, with a streamlined application process and relatively low investment requirements compared to other citizenship by investment programs.

Overall, the St. Lucia Citizenship by Investment program offers numerous benefits to investors seeking a second passport and access to a favourable tax system.

General Information on St Lucia

St Lucia is a volcanic island located in the Eastern Caribbean, bordered by the Atlantic Ocean to the east and the Caribbean Sea to the west. The island’s rugged terrain is characterised by towering volcanic mountains, lush green rainforests, and picturesque beaches. The most famous landmark is the dramatic twin peaks of the Pitons, which are a UNESCO World

Heritage site. St Lucia is also renowned for its warm and friendly people, as well as its rich cultural heritage which is reflected in its architecture, music, dance, and cuisine.

Taxes in St Lucia

The advantages of obtaining Saint Lucia citizenship encompass a range of opportunities for tax optimization. Under the country's Citizenship by Investment Programme, you may have the potential to benefit from tax reliefs pertaining to worldwide income and inheritance, depending on how you strategically manage your tax obligations and residency/citizenship status. It is crucial to seek guidance from a qualified tax advisor who can provide tailored advice based on your unique circumstances.

Furthermore, Saint Lucia's Citizenship by Investment Programme offers specific tax benefits to its citizens, potentially including exemptions from personal income tax on foreign earnings, as well as the absence of capital gains taxes and inheritance taxes.

How can CSB Group help you to apply for St Lucia Citizenship by Investment?

CSB Group provides top-notch services to families worldwide. CSB Group is widely known for delivering discreet and confidential Citizenship and Residence advice to Private Clients, High-Net-Worth (HNW) individuals and their families in their search for global mobility. 

The CSB Group Advisory Team and their on-the-ground partners will assist you and your family in every step of the journey to gain Citizenship in St Lucia through the Citizenship by Investment Programme and will guide you in making the right investment choice.

Need guidance with the St Lucia Citizenship by Investment Programme?

Key Contacts

Roger A. Strickland Jr.

Director

Contact
Malcolm Ferrante

Senior Manager - Immigration and Relocation

Contact

ABOUT ST LUCIA

Fact File

Full Country Name:
Saint Lucia

Capital City:
Castries

Population:
179,652 (As of 2021)

Currency:
Eastern Caribbean dollar (EC$)

Commonwealth Member:
Since 1979

Total Area SQM in KM:
442

Official Languages:
English

Climate: 
Tropical Climate - relatively warm and dry throughout the year

Life Expectancy:
76.5 years (As of 2021)

Interesting Fact:
Its name makes it the first country to be named after a woman

Testimonial

‘I approached CSB Group in late 2022 to open a discretionary family trust. CSB have the right set up and an experienced and friendly team who helped me act on the pressing investment decisions of the trust and with opening a bank account quite smoothly. While I took the decision to establish the trust with caution, now that it is up and running, I am pleased with the result.'

UK Expat Residing in Malta

We have had the good fortune of working with Andres and his team at CSB on a variety of citizenship and residency matters for our clients. CSB has given us thoughtful and thorough advice and been an invaluable partner. Despite being many time zones and thousands of miles away, Andres and his team are incredibly responsive and willing to speak at any hour of the day. We would certainly recommend them to anyone seeking best-in-class legal advice related to global citizenship and residency issues.

An independent investment office

We chose Malta as our new permanent home and CSB Group to help us through the residency process. They went way beyond our expectations treating our application as if it were their own. Their service was nothing short of stellar from understanding our needs preparation of the required documentation, and follow-up phase during a period with the sharpest movement restrictions. Malta deserves a place on every investor’s radar, mostly because of the surprising efficiency permeating the place, efficiency which starts with CSB.

Christian G.

Relocating to another country is a challenging endeavor however, the support of the team at CSB Group, made a significant difference. Their guidance throughout the process instilled a sense of security and confidence, ensuring a successful outcome. Special thanks go to Michela, who displayed professionalism, and promptness, and who treated my case as if it were her own. I will always be grateful!

Family Reunification Client

Thank you for making everything run perfectly smooth for us. Your team looks after us as if we were their parents and they are everything one can wish for; accurate, fast and with a vast knowledge. We are very fond of CSB Group and we are more than content.

Retired Swiss Entrepreneur

'I want to applaud CSB Group, and specifically Malcolm Ferrante and Michela Pace for their endless patience, relentless dedication, speedy efficiency, and personal attention when it comes to establishing my Tax Residency in Malta in record time. The whole process was managed as promised, above and beyond my expectations. Undoubtedly highly recommended!'

Tax Residency Client

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T: +356 2557 2557

F: +356 2557 2558

E: [email protected]

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