ST. LUCIA
Country Video for the St. Lucia Citizenship by Investment Program
The St. Lucia Citizenship by Investment Program offers investors the chance to contribute to the government or an endorsed enterprise, or to invest in appealing real estate developments.
Investment
Minimum contribution of USD 100,000
Processing time
Three–four months
Key benefit
Visa-free travel to destinations including Hong Kong, Singapore, the UK, and Europe’s Schengen Area, among others
The St. Lucia Citizenship by Investment Program operates under the governance of the Citizenship by Investment Act No. 14 of 2015. Section 33 of this legislation established the Saint Lucia National Economic Fund (NEF), designated to receive qualifying investments and donations from the program. These funds are allocated by the government in alignment with the national development agenda.
Applicants are required to make a substantial economic contribution to the nation. In return, upon completion of a stringent application process and rigorous due diligence checks, applicants and their families are granted full citizenship. To qualify, the main applicant must be at least 18 years old, meet all application criteria, and select one of the following investment avenues:
Purchase real estate with a minimum value of USD 200,000 from an approved real estate development, which must be retained for a minimum of five years.
Engage in an endorsed enterprise project with a minimum contribution of USD 3.5 million, while creating no fewer than three permanent jobs. Alternatively, opt for a joint contribution of USD 6 million (with each applicant contributing a minimum of USD 1 million) and generate no fewer than six permanent jobs.
Make a non-refundable donation of USD 100,000 to the National Economic Fund for a single applicant. Alternatively:
01. Investment in the Saint Lucia National Economic Fund
02. Investment in an approved real estate project
03. Investment in an approved enterprise project (Option 3)
Investment in non-interest-bearing government bonds valued at a minimum of USD 300,000 (plus an administrative fee of USD 50,000), to be retained for at least five years.
All eligible dependents must possess a clean personal background devoid of any criminal record or ongoing criminal investigation (except for minor offenses). Individuals considered potential security risks or those involved in activities likely to tarnish St. Lucia's reputation will not be granted citizenship approval.
The application process typically spans up to four months, commencing from the submission of the application to the issuance of the certificate of citizenship, provided there are no issues with the application. In cases where an extension beyond three months is anticipated due to exceptional circumstances, Tisoro Global will duly notify the applicant of the reasons for the delay.
The Citizenship by Investment Board, overseeing a specialized citizenship by investment unit (CIU), assesses citizenship applications, with outcomes ranging from approval, denial, or postponement for cause. Applications are electronically and in print submitted by Tisoro Global on behalf of the applicant, with all documentation required to be in English.
Each application must be accompanied by the applicable nonrefundable processing and due diligence fees for the main applicant, their spouse, and each eligible dependent. Upon a provisional approval of the application, the CIU notifies Tisoro Global to arrange for the payment of qualifying funds and government administrative fees, necessary for the grant of the certificate of citizenship.
The principal applicant is obliged to remit the requisite funds for the chosen qualifying option within 90 calendar days post-approval notification. Upon successful completion, the applicant is required to affirm the oath or allegiance before an attorney-at-law, notary royal, or notary public. In extraordinary circumstances, the minister reserves the authority to revoke citizenship grants if deemed necessary.
Dual citizenship is fully permitted in St. Lucia without any restrictions.
If you have any questions or if you'd like a detailed breakdown of the exact costs for your family, please don't hesitate to contact us. We would be delighted to assist you.
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