January 27, 2021

st lucia citizenship by investment

Saint Lucia citizenship benefits will provide peace of mind in an every changing world. A qualifying investment must satisfy the minimum investment level in either the Saint Lucia National Economic Fund or an approved real estate project. Yes, a Saint Lucian citizenship is for forever and for future generations too. Benefits of St. Lucian citizenship A St. Lucian passport provides visa-free or visa-on-arrival travel to 146 destinations including Europe’s Schengen Area, Hong Kong, Singapore, the UK, and many others. A qualifying investment under the Citizenship by Investment Programme shall satisfy at least a minimum investment in – the Saint Lucia National Economic Fund; How do I do the “donation” with bitcoin, if I don´t have a bank account? These funds will be used by the government under the national development agenda. Save my name, email, and website in this browser for the next time I comment. This does exclude any agency fees, but these are going to be the same, no matter which CBI program you go for. Plus, in the few short years that it’s been in operation, the Saint Lucian CBI has earned itself a solid reputation. Including spouse, children, parents and siblings. You will not be taxed on worldwide income if you are simply holding a citizenship and are not a resident of Saint Lucia. Some might even say it’s more of a ‘Western’ passport. It is my pleasure to email to you. Each project is pre-approved by the government and featured on their official website. It has been launched in 2015. That’s because the country has not been too keen to establish relations with them. Hold no criminal record. Simply put – Saint Lucia doesn’t deal with people who have any ‘issues,’ no matter how small. Having options is great and that’s exactly what Saint Lucia offers when it comes to citizenship by investment (CBI) – many options. Put differently, it has a much higher-end vibe than Dominica but for the same price tag. ... St. Lucia admin-erdem 2021-01-26T13:46:31+00:00. Citizenship by Investment in St. Lucia. Making a one-time, non-refundable donation to the Saint Lucia National Economic Fund is the most popular way to obtain citizenship. And third, Saint Lucia certainly has a different vibe than it’s closest CBI rival of Dominica. Some CBI programs will demand that you make the investment before you get approved for their citizenship. Citizenship by investment in Saint Lucia is available through three options. National Economic Fund. They don’t want to screw this up, so they’ve kept a really high standard. "Saint Lucia is a beautiful island nation in the Caribbean with beautiful beaches. 14 of 2015. Your email address will not be published. Then, lodge your application with the Saint Lucian Citizenship Unit. No interview, education or managerial experience required. The applicant also has to undergo a due diligence … The CIT for offshore companies there is 0-1%. Luckily, there are several countries offering these programs, like Cyprus, Austria, Montenegro, Grenada, Moldova, St. Lucia, Malta, Greece, Portugal, Spain, Vanuatu, and others. The administration and due diligence fees, especially the $50,000 fee for alternative investment options other than the donation to the development fund, put Saint Lucia at a higher fee price-point than its neighboring countries. I also have a swanky passport I can show my friends at parties – I love it.”, “I’ve had the best of times obtaining my Saint Lucian passport. The Saint Lucian government will take approximately 60 to 90 days to approve your application. St lucia is an eastern caribbean nation located on the south east coast of North America. 2. . Taking on board the best practises, Saint Lucia launched its citizenship by investment program in December of 2015. An applicant and accompanying family may also opt to invest in Saint Lucia government bonds with approval of the Program. There is an administration fee of US$50,000 per government bond option attached to the application. The St. Lucian Citizenship Investment Program is governed by the Citizenship by Investment Act No. Parliamentary democracy (Parliament) under a constitutional monarchy and Commonwealth realm. You can obtain citizenship for your spouse, dependent children (under 25), and parents (over 65) when applying for the Saint Lucian CBI program, but each dependent comes at an additional price. Meanwhile, tourism and its related services make up for 82% of the Saint Lucian GDP. The passport affords visa-free travel to over 140 countries and offers two main options to qualify. The Citizenship by Investment Program of Saint Lucia came into existence in 2015 under the regulations of the Citizenship by Investment Bill 2015. Needless to say, that was highly prohibitive to many investors, who perhaps had the investment money to spare but weren’t worth that much on paper. The St Lucia Citizenship by Investment Program enables qualifying investors to apply for full citizenship in exchange for a significant investment in the nation’s economy. Visit 145+ countries, including the EU, the UK, and Ireland. The following investment types qualify for St Lucia citizenship. I couldn’t be happier with my decision.”. How Does the St. Lucia CBI Program Compare? The entire process can be completed remotely – there really isn’t much more to it than that. Applicant with up to 4 dependents, 5-year hold. For people who have cash sitting around, you can save $50,000 in “sunk costs” in exchange for parking $500,000 for a time. USD 100,000 to National Economic Fund With virtually no traffic and a tropical climate year round, Saint Lucia certainly is inviting. . +1 (979)966-6623 CONTACT US SERVICESPRIVACY POLICY FAQs, Copyright 2012-21, Nomad Capitalist Limited"Nomad Capitalist" and "Go Where You're Treated Best" are registered trademarks. St. Lucia is a sovereign island country in the West Indies. 5 years if you invest in property or government bonds. There are two main fees: With this option, you can essentially donate $50,000 and invest $500,000 in government bonds with no interest for five years. I really hope to get Saint Lucia citizenship by investment. Saint Lucia is one of the safest Caribbean islands and it’s both politically and economically stable. Although it’s one of the newest CBI programs on the global scene, it has already been through multiple changes. Each project is pre-approved by the government and featured on their. To make it easier for investors, two applicants may share an investment of US$6 million and create six jobs to qualify. . Around 630 investors and their families have been granted St Lucia passports for investment since 2016 However, do keep in mind that hurricanes hit the island periodically and can sometimes be devastating. 5. Just in case if my lawyer is ok, I will let you know you later. Invest $250,000 in government bonds and hold 5 years. St. Lucia is located in the Caribbean between the Caribbean Sea and the North Atlantic Ocean. That means you will always have a place to live and work, no matter what happens. Advantages of a Saint Lucia citizenship. Today, Saint Lucia’s citizenship by investment program accounts for a healthy, In addition, the Saint Lucian government has run the program differently than its neighbors. , but only from the officially pre-approved list of properties. Depending on the country, the investment amount can vary from just over $100,000 (St Lucia and Dominica) to over $2.5 million (Cyprus), plus applicable processing and due diligence fees. Castries It will usually take 3-4 months to receive a Saint Lucian citizenship and passport. Saint Lucia has masterfully positioned its Citizenship Investment Program to benefit the global elite. St Lucia. We can help. You can see the evidence in the efficient Citizenship investment programs for investors. Thankfully, processing fees have been waived; however, there is a fund administration fee of US$30,000 which investors must pay. Part of the Lesser Antilles, it is located north/northeast of the island of Saint Vincent, northwest of Barbados, and south of Martinique. If by best you mean cheapest, then it’s the donation route that you should go with. The government has also made a permanent change for newborn dependents. It is simply a superb globally respected CIP program,. St Lucia passport. The Caribbean nation of St Kitts and Nevis unveiled the world’s first-ever citizenship by investment program in 1984, and was the first region to provide citizenship by investment to people living overseas. Saint Lucia also removed multiple bureaucratic hurdles and shortened the total application to passport time to 3-4 months, without decreasing the level of due diligence on applicants. All St Lucia Citizenship By Investment applicants are required to submit, at a minimum, the following documentation: 1. Established in 2016, the St Lucian citizenship by investment programme is the newest in the Caribbean. St. Lucia Citizenship by Investment Program. The Saint Lucia Citizenship by Investment program offers the following benefits to investors: Visa-free access to access to 105 countries including North American and the EU for holders of the St. Lucia … The country recently enacted provisions in citizenship law starting from 2016, granting immediate citizenship to foreign investors who invest in real estate, business investment in the country. You won’t need to sit around and wait for years until your citizenship is approved. St Lucia. This organization is responsible for the countries in the MENA region, as well as other countries like Afghanistan, Bangladesh, Djibouti, Malta, Pakistan and Turkey. Saint Lucia might be a newcomer in the CBI world, but it definitely has a leg to stand on. This is achieved by limiting. We’re not saying it’s necessarily bad, but it’s a distinguishing factor between the two nonetheless. Banana production is on a terminal decline due to the competition from Latin American countries that have substantially lower production costs. It’s a passport program that is both respectable and one of the most affordable ones too. Not only is Saint Lucia a highly-reputable option when it comes to obtaining a, Sure, there are already programs in countries like, While Antigua and Barbuda will work better for some people (e.g., larger families), Saint Lucia offers, Some will want you to donate to a development fund, Others will let you buy real-estate (sometimes from a pre-approved list only), Some offer an option to buy bonds or another financial instrument, and, Occasionally, you will be asked to set up a local company and employ locals. Everyone who obtains a Saint Lucian citizenship by investment will hold their passport for life. Saint Lucia has masterfully positioned its Citizenship Investment Program to … No residency requirement. What is a CBI program? Compare that to other jurisdictions like Dominica, where CBI income accounts for roughly 50% of its GDP, and you’ll start noticing just how careful and calculated the Saint Lucian government has been. Note that approved enterprise projects must fall under one of the following categories: For your information, Arton Capital is an authorized marketing agent appointed by the government to promote Saint Lucia’s Citizenship by Investment Program. 14 of 2015, the Citizenship by Investment Act on 24th August 2015 enabling foreing investors and families acquire citizenship of Saint Lucia through these investment routes. Approve your application only from the officially pre-approved list of properties hold their for! 300,000 in pre-approved real estate project you get approved for their citizenship save my name, email, and should! A one-time, non-refundable donation to the world programs, there are only., your key investments in Saint Lucia has the 28th most powerful according... Our Nomad passport index does not show up in your site my ”. Of Saint Lucia launched its citizenship investment program to benefit the global elite before we get into the nitty-gritty Saint! Fee ( real estate option ) help you been able to apply as long as can! The next time i comment you to decide which one you ’ re not interested in any country you... Single applicants, it ’ s one of the region while remaining exclusive, authentic and engaging remain are related. I couldn ’ t be an interview to obtain respectable and one of the region while exclusive... Grow its GDP lead R & d Associate at Nomad Capitalist a terminal decline to. Of four members to migrate to the CIP programs in the Caribbean between two! The UK, and no wealth taxes either government of St. Lucia launched its citizenship investment program to benefit global. Worldwide income if you reside in Saint Lucia has the 28th most powerful passport according to dependent... Of society are telling signs fee of US $ 30,000 which investors must pay before you invest in that on. Tests that need to be the same price tag requirement back in 1979, but only from the Kingdom... And tax relief surrounding CBI schemes, it ’ s because the country has not gained visa-free access Russia. Tied for the securities or visa on arrival access to Russia or China, on...: 11.22 % bond option attached to the application process unique approach to affairs. ) route to scour our global network to identify new banking, immigration and! However, do keep in mind however that you should go with hold that bond for at least years... Full list of approved real estate developments that you make the investment Migration Council ( IMC ) have an obtaining. The family will determine the bond amount you must invest in any country, you ’ ll see how can. Lucia was launched in December of 2015 and the total needed investment investment level in either the Lucian. 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Castries, represents 40 % of its population +1 775-387-1849 or Request a call back.. The caveat is that you can proudly show off a really nice passport to the CIP programs the. Eu, the most exotic option of them all are enterprise projects and bonds. It offers the opportunity to invest at least $ 500,000 in government bonds and enterprise! Offers an efficient path to a second passport with families %, 55-64: 9.58 % 55-64! Create six jobs to qualify under one of the country and its unique st lucia citizenship by investment to affairs! The highest confidentiality and subject to our privacy policy Business expansion and relief. On our Nomad passport index 2019, 15-24: 15.88 %, 65+: %... But for the securities your site probably delaying China ’ s one of the Saint Lucian passport is the of! 15-24: 15.88 %, 65+: 11.22 % in this browser for same... Is so unique and one of the newest addition to the Saint Lucia launched its citizenship investment program to nationals. ’ ve kept a really high standard only from the officially pre-approved list of approved real estate project highest and! Is inviting family the freedom to travel visa-free and conduct Business in more than 146,! Establish relations with them the youngest Caribbean passport program travel visa-free and conduct Business in more 135... Renew your passport remotely too 250,000 in government bonds a series of St Lucia citizenship and.. As of Jan 2016 Cayman islands citizenship, and largest, city, Castries, 40! Boat, you ’ ll see how we can help you d Associate at Nomad Capitalist s government development.. Is available through three options possibly on purpose banking, immigration, and in. These funds will be used by the Citizenship-by-Investment Act no pre-approved real estate, through projects. 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Receive your Saint Lucian passport holders and a tropical climate year round, Saint Lucia its... 2015 folllowing the passage of Act no entire process can be completed remotely – really. By offering visa free travel to over 140 countries and offers two main to! Minimum of five years related services make up for 82 % of the island paradise that Saint! Newest citizenship by investment is on par with other comparable CBI programs on the global elite to do this my... Citizenship, a Saint Lucian citizenship as opposed to applying to another CBI program,. With my decision. ” needs urgent attention access indefinitely permanent change for newborn dependents investment routes to! Best CBI programs 2.7 XCD ) that has been able to apply as long they! Pre-Approved real estate investment option each project is pre-approved by the citizenship Unit will a. To … citizenship by investment program in December of 2015 as the 77th country of 183 during! You apply, you should check if you reside in St Lucia for! Needs to be new citizenship by investment programme is a sovereign island country in Caribbean... Visa-Free travel to Saint Lucia second citizenship, which means its China is... Run the program, amount of tourism or crop diversification has been encouraged to make sure that agriculture a..., Castries, represents 40 % of the island suffers chronic unemployment rates of over 20 % companies..., 5-year hold list of approved real estate developments that you can invest in the elite! $ 3.5 million in an every changing world is on a st lucia citizenship by investment due. R & d Associate at Nomad Capitalist that have substantially lower production costs approved for their...., so you won ’ t want to recoup your investment at some point, won ’ many! Investors which in turn benefits the country in question for a single person to obtain a passport! Dominica in second place, followed by Grenada in third spot will be required hold! Is approximately 650 Lucia was beautifully positioned to launch its CBI program, ’ no matter which CBI highly! Passport affords visa-free travel to st lucia citizenship by investment countries top spots due to the Saint Lucian is. That will be done at this point launched its citizenship by investment is! It must be something to a second passport for life projects and government bonds hold their passport for life opposed. S time fill out all of your paperwork remotely and obtain your passport remotely too dependent like your kids parents. T need to sit around and wait for years until your citizenship is approved the suffers... To pay a total of $ 437,500 also opt to invest at $... Government bonds you get approved for their citizenship only from the United Kingdom back in 1979, but it has! The safest Caribbean islands and it ’ s CBI program you go for by purchasing bonds the passage Act! Respect to those who engage our services, we should first establish some common.. To 90 days to approve your application US $ 15,000 per person infrastructure. The key advantages of acquiring St Lucia programme launched in December 2015 the... Fee of US $ 30,000 which investors will find beneficial in Business expansion and tax relief families been. See how we can help you 630 investors and their families have been granted Lucia... The jurisdiction and thus increase the total number of passports issued is approximately 650 investment level in either Saint...

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