St Lucia Citizenship by Investment

Saint Lucia Citizenship by Investment
Saint Lucia Citizenship by Investment

Citizens of St Lucia can spend up to six months a year without visas in Europe and the UK. Obtaining a second passport (St Lucia) enables visa-free entry in 146 of the approximately 200 countries in the world.

Tax residents of St Lucia benefit from some of the lowest tax rates in the world. In unforeseen situations, citizens are under the protection of the embassies of member states of the Commonwealth of Nations.

7 Benefits of St Lucia Citizenship

St Lucia Citizenship through investment can be processed remotely, through a licensed program agent. The investor does not need to be present to submit the documents and obtain a passport.

Countries that allow citizens of St Lucia visa-free entry

The government of St Lucia is expanding the number of visa-free destinations for its citizens from year-to-year and the list of countries for which its citizens do not need an entry visa is steadily growing. A St Lucia passport gives the holder free movement in 146 countries for leisure or business travel.

Visa-free countries for citizens of St Lucia

Country Conditions of entry
1 Armenia visa upon arrival
2 Bangladesh visa-free
3 East Timor visa upon arrival
4 Hong Kong visa-free
5 Palestinian territory visa-free
6 Israel without visa
7 Indonesia visa-free
8 Jordan visa upon arrival
9 Iran visa upon arrival
10 Cambodia visa upon arrival
11 Laos visa on arrival
12 Macau visa-free
13 Malaysia visa-free
14 Maldives visa on arrival
15 Nepal visa on arrival
16 Pakistan visa-free
17 Singapore visa-free
18 Taiwan visa-free
19 Uzbekistan visa-free
20 Philippines visa-free
21 Sri Lanka electronic permission to enter
22 South Korea visa-free
Country Conditions of entry
1 Botswana visa-free
2 Gambia visa-free
3 Guinea-Bissau visa upon arrival
4 Egypt visa upon arrival
5 Zambia visa-free
6 Zimbabwe visa-free
7 Cape Verde visa upon arrival
8 Kenya visa-free
9 Comoros visa on arrival
10 Lesotho visa-free
11 Mauritius visa-free
12 Mauritania visa on arrival
13 Madagascar visa on arrival
14 Mayotte visa-free
15 Malawi visa-free
16 Mozambique visa on arrival
17 Saint Helena visa on arrival
18 Reunion visa-free
19 Rwanda visa on arrival
20 Seychelles visa on arrival
21 Senegal visa-free
22 Somalia visa on arrival
23 Sierra Leone visa on arrival
24 Tanzania visa-free
25 Togo visa on arrival
26 Tunisia visa-free
27 Uganda visa on arrival
28 Eswatini visa-free
Country Conditions of entry
1 Austria visa-free
2 Andorra visa-free
3 Belgium visa-free
4 Bulgaria visa-free
5 Bosnia and Herzegovina visa-free
6 Vatican visa-free
7 Great Britain visa-free
8 Hungary visa-free
9 Germany visa-free
10 Gibraltar visa-free
11 Greece visa-free
12 Denmark visa-free
13 Ireland visa-free
14 Iceland visa-free
15 Spain visa-free
16 Italy visa-free
17 Cyprus visa-free
18 Kosovo visa-free
19 Latvia visa-free
20 Lithuania visa-free
21 Liechtenstein visa-free
22 Luxembourg visa-free
23 Malta visa-free 
24 Moldova visa-free
25 Monaco visa-free
26 Netherlands visa-free
27 Norway visa-free
28 Poland visa-free
29 Portugal visa-free
30 Russian Federation visa-free
31 Romania visa-free
32 San Marino visa-free
33 Serbia visa-free
34 Slovakia visa-free
35 Slovenia visa-free
36 Ukraine visa-free
37 Faroe Islands visa-free
38 Finland visa-free
39 France visa-free
40 Croatia visa-free
41 Montenegro visa-free
42 Czech Republic visa-free
43 Switzerland visa-free
44 Sweden visa-free
45 Estonia visa-free
Country Conditions of entry
1 Vanuatu visa-free
2 Kiribati visa-free
3 Micronesia visa-free
4 Niue visa-free
5 New Caledonia visa-free
6 Cook Islands visa-free
7 Palau visa on arrival
8 Samoa visa on arrival
9 Solomon Islands visa on arrival
10 Tonga visa on arrival
11 Tuvalu visa on arrival
12 Fiji visa-free
13 French Polynesia visa-free
Country Conditions of entry
1 Anguilla visa-free
2 Antigua and Barbuda visa-free
The Bahamas visa-free
4 Barbados visa-free
5 Belize visa-free
6 Bermuda visa-free
7 Virgin Islands visa-free
8 Haiti visa-free
9 Guatemala visa-free
10 Honduras visa-free
11 Grenada visa-free
12 Greenland visa-free
13 Dominica visa-free
14 Dominican Republic visa-free
15 Cayman Islands visa-free
16 Costa Rica visa-free
17 Cuba visa-free
18 Montserrat visa-free
19 Nicaragua visa-free
20 Panama visa-free
21 El Salvador visa-free
22 Saint Vincent and the Grenadines visa-free
23 Saint Kitts and Nevis visa-free
24 Saint Maarten visa-free
25 Turks and Caicos visa-free
26 Trinidad and Tobago visa-free
27 French West Indies visa-free
28 Jamaica visa-free
Country Conditions of entry
1 Argentina visa-free
2 Aruba visa-free
3 Bolivia visa upon arrival
4 Bonaire, Sint Eustatius and Saba visa-free
5 Venezuela visa-free
6 Guyana visa-free
7 Colombia visa-free
8 Curacao visa-free
9 Peru visa-free
10 Suriname visa-free
11 French Guiana visa-free
12 Chile visa-free
13 Ecuador visa-free

Eligibility for St Lucia citizenship

Citizenship is available to the investor’s entire family: spouse, children, parents, and siblings. The investor can include family members in their original application for St Lucia citizenship, or add them later, after obtaining a passport.

In order to include children and parents in the application, the investor confirms that the family members included in the application will be maintained by them. Siblings under the age of 18 can participate in the program if they are not married and have received parental or their guardian’s consent for a second citizenship.

Age of family members participating in the St Lucia citizenship program

Participant Age
Investor 18 years or older
Children Up to 30 years old
Children with mental or physical disabilities Any age
Parents Over 55 years old
Brothers and sisters Under 18 years

Family members can obtain citizenship as part of the same application up to five years after the investor receives a St Lucia passport.

In some cases, there is no time limit within which family members have to apply. A future spouse of the investor and children born after the investor’s filing their application can become citizens of St Lucia at any time.

State fees for adding family members to St Lucia’s citizenship program through investment: $35,000 for a spouse; $25,000 for children, parents and siblings (per person); $500 for an infant up to 1 year old.

In order for an application for citizenship to be approved, the investor undergoes a rigorous due diligence process. St Lucia will verify the authenticity of the documents and the legality of the applicant’s income. It is important that the investor does not have a criminal record, has not been declared bankrupt and has not been refused citizenship or a residence permit in the past.

In addition to the investor, due diligence is also conducted on all family members over the age of 18.

The black sand on the coast of St Lucia is of volcanic origin. However, the beaches are covered with white sand. Coral reefs grow off the coast of the island

Cost of a St Lucia passport

St Lucia reduced the cost of its citizenship program in 2020 in order to continue receiving investments during the Covid-19 pandemic. As a result, a family of 4 will save $40,000 by investing in a government fund. Families of 5 or more members will pay $10,000 less for the fifth and each additional family member than had been the case previously.

After undergoing the due diligence process, the investor has to select one of the proposed investment options.

Investment options

Minimum contribution of $100,000 to the National Economic Fund. For an investor and their spouse, the minimum contribution is $140,000, and for a family of up to 4 people, it is $150,000. A contribution of $15,000 is required for each additional dependent, starting with the fifth family member. These prices include the discounts mentioned in the previous paragraph, which are available for a limited time period.

Minimum investment of $300,000 in a real estate approved by the government. The investment amount does not depend on the number of participants. The property can be sold after 5 years without affecting the investor’s citizenship status. The government has approved luxury hotel and resort complexes for the program, which is managed by well-known international companies.

Minimum investment for a single applicant of $250,000 in securities for 5 years. The investor can buy interest-free government bonds, which are issued in their name. For a family of 4, the investment amount is $250,000 for a period of 7 years or $300,000 for 5 years. For a family of more than 4, an additional $15,000 must be paid for each member starting with the fifth member. There is a fixed administration fee of $30,000.

Minimum investment of $3,500,000 in a government-approved business project. The investor needs to create a minimum of 3 jobs in St Lucia. In a joint investment, at least $6,000,000 needs to be invested and 6 jobs created. The list of business projects includes highways, bridges, marinas, ports, hotels, restaurants and research institutions.

Citizenship costs consist of the following fees:

  • Investment fee;

  • Due diligence fee;

  • Application processing fee;

  • Government fee for investments in real estate, securities or business.

Due diligence cost: $7,500 for an investor and $5,000 for each family member over 16 years old included in the application. The fee for processing the application is $2000 for the investor and $1000 for each additional family member.

We illustrate the cost of participating in the program for an investor and their family based on the example of a contribution to the National Economic Fund.

Investment in the St. Lucia National Economic Fund, including fees

Costs Investor Investor and spouse Family of 4 (children 13 and 24 years old)
Investment in the state fund 100 000 $ 140 000 $ 150 000 $
Due Diligence 7500 $ 12 500 $ 17 500 $
Processing fee 2000 $ 3000 $ 5000 $
Total 109 500 $ 155 500 $ 172 500 $

St Lucia passport for a company owner in the Urals
Mikhail is 53 years old. He is the owner of a large company in the Urals. Mikhail wanted to give up his position in local government and devote more time to managing his business.

Immigrant Invest’s lawyers studied Mikhail’s situation and advised him to obtain a second citizenship.

Immigrant Invest helped Mikhail obtain a St Lucia passport in 2 months. Mikhail resigned his position in the local government as required by the Russian legislation. Now he often flies to Europe to negotiate equipment supplies and conclude export contracts.

Investments in real estate in St Lucia

The government has approved elite resorts managed by well-known international brands that can be purchased under the terms of the citizenship program. An investor can purchase a share in real estate, an apartment, or a hotel. They may be under construction or in operation.

5 years

Investment Return Period

Two real estate options have been approved for the St Lucia program:

  1. The luxurious St Lucia Canelles Resort, created by the Galaxy Group and managed by AMResorts, a subsidiary of Apple Leisure Group.

  2. Alpina St. Lucia, which is part of the Zone A complex of the Pearl of the Caribbean resort complex. The hotel is managed by Alpina Management AG, experienced in resort management in Switzerland.

The investment resorts are operated by well-known international companies. They maintain a high level of service and income in Europe, the US, and the Caribbean. These companies look after all aspects related to the project: they find tenants, renovate the premises, pay bills and maintain the properties.

An investor earns income of 4% per annum on average if the resort is in operation and rented out.

4%

Rental income per annum

After 5 years, the property can be sold. The potential profit from the sale is 3 to 5%. The purchase and sale transaction can take place remotely. There is a 5% sales tax on the investment property.

3—5%

Average Return on Sale per annum

In order to invest in the real estate program, the applicant signs a sales agreement, appoints an escrow agent and opens an escrow bank account.

State fee when buying real estate:

  • $30,000 for an investor;

  • $45,000 for an investor and spouse;

  • $10,000 for each additional participant over 18 years old;

  • $5,000 per child under 18;

  • $10,000 per member for a family with more than 6 people.

Using an example of a real estate investment, we show the costs of participating in the program for an investor and their family.

St Lucia real estate investment, inclusive of fees

Costs Investor Investor and spouse Family of 4 (children 13 and 24 years old)
Real estate investment 300 000 $ 300 000 $ 300 000 $
State fee 30 000 $ 45 000 $ 60 000 $
Due Diligence 7500 $ 12 500 $ 17 500 $
Processing fee 2000 $ 3000 $ 5000 $
Total 339 500 $ 360 500 $ 382 500 $

Pink coral reefs grow around the island of St. Lucia. Divers visit the island to explore the underwater world of the Caribbean Sea and see old shipwrecks

Taxation in St Lucia

In St Lucia there are no taxes on dividends and capital gains, and income earned outside the state is not taxed.

Tax rates:

  • 0% on income earned outside St Lucia;
    Up to 0.4% on real estate;

  • 2.5% when buying real estate;

  • 5% when selling real estate;

  • 5% social contributions;

  • 30% on income earned in St Lucia.

Companies pay a flat annual tax of $300. Income tax can be replaced by paying an annual license fee. The amount of the license fee depends on the authorized capital of the company. If the license fee is paid, the company has no obligation to submit tax and accounting reports.

If a company’s annual revenues are more than $67,000, they must be reported every month to the tax authorities of St Lucia.

To avoid double taxation, an investor with dual citizenship can select the country where they prefer to pay taxes. The tax resident status can be obtained by a company if it is registered and managed in St Lucia.

St Lucia joined the international Common Reporting Standard (CRS) in 2018. The standard ensures the automatic exchange of financial and tax information between countries. At the same time, St Lucia does not disclose the names or information of the beneficial owners in the companies’ register.

International Business Company (IBC) registration takes up to 2 weeks. The cost of registration is about $2,400 and the minimum cost of maintaining a company is about $1,800 per annum. St Lucia’s legislation does not specify the minimum amount of authorized capital for companies. In practice, $50,000 is sufficient.

Registration documents:

  • Articles of Incorporation;

  • Order to appoint a director;

  • Certificate of registration of the company’s office in St Lucia;

  • Statement of the company’s owner that they have reached the age of majority.

Companies registered in St Lucia inspire more confidence in foreign partners than those registered in a number of other jurisdictions. It is easier for IBCs to open an account with international banks.

Resolving documentary irregularities for an entrepreneur
Maria is 35 years old. She decided to resign from her job in finance and develop her own internet projects. For her projects, Maria needed to fly to Schengen countries and Asia at short notice to resolve business issues as they arose.

Maria chose St Lucia to obtain a second citizenship. She had visited the island twice before and planned to come again. However, she no longer had a permanent job, an active business or a substantial income.

We prepared documents that explained Maria’s situation to the relevant authorities in St Lucia. After 3 months, Maria received a St Lucia passport. She has successfully launched her startup and now travels visa-free in the EU and many other countries.

Interesting facts about St Lucia

The island state of St Lucia is located between the Caribbean Sea and the Atlantic Ocean. The capital, Castries, is the main port for cruise ships and Hewanor International Airport is the larger of the two airports serving St Lucia. There are many resorts, medical spas, hot mineral springs, restaurants and nightclubs on the island. St Lucia also hosts an annual international jazz festival and carnival.

Map of St Lucia

Nature and climate. In St Lucia it is sunny all year round, the temperature ranges from +24 to +32°C. The rainy season lasts from May to August and hurricanes can occur in August and September.

There are two cone-shaped volcanoes in the western part of the island: Gros-Piton and Petit-Piton. Submarine volcanoes are located off the coast of St Lucia. As a result, the sand on the island is volcanic, i.e., black. However, the beaches are covered with white sand. Pink coral reefs grow around the island. There are many beautiful waterfalls in the rainforest. The island is famous for its mineral and thermal springs.

Economy. Tourism and elite medical resorts are being developed actively in St Lucia. The country exports tropical fruits and cocoa and the island has many fruit plantations. The citizenship program brings stable income to the country.

Currency. St Lucia is a member of the CARICOM Commonwealth of Caribbean States. The East Caribbean dollar (EC$ or XCD) is the common official currency of the commonwealth. As in other Caribbean countries, the US dollar is also accepted.

Language. The main language in the country is English. Part of the local population speaks the Dominican-Sentlusian dialect/St Lucian French Creole, derived from French.

Public transport in St Lucia is mostly made up of shuttle buses and taxis. A ticket on a shuttle bus costs about $1 and a taxi ride costs $1 per km. Car rental costs from $70 to $250 per day.

Medicine. There are 12 public and private hospitals and clinics operating in St Lucia. The doctors and nurses have been trained in US and European accredited colleges. The largest hospital is located in Castries. The hotels and resorts are staffed by doctors and qualified medical personnel. An appointment with a private doctor starts at $50.

Communication. Several mobile operators operate in St Lucia: Cable & Wireless, Caribbean Cellular, Digicel Limited, and Wireless Ventures (St. Lucia) Limited. An unlimited internet package costs $75/month. The internet speed is 60 Mb/s. International calls can be made at the hotel, from city payphones and at the post office. A long distance call from a post office or a payphone is 15% cheaper than a mobile call.

Purchases. The largest shopping centers are located in Castries: La Place Carenage, Pointe Seraphine and JQ Rodney Bay Mall. The Baywalk Shopping Mall is located in Gros Islet, in the north of the island. In the shopping centers goods of famous brands are duty free. The duty-free Pointe Seraphine Shopping Complex, covering an entire street, is located in the port, in the cruise ship terminal.
The most famous market in Castries is called Jeremy. It sells local organic products, wooden furniture and tableware, souvenirs and clothing.

Cost of groceries in St Lucia

Products Price
Bread 1 $
Milk, 1 L 2 $
Rice, 1 kg 2 $
Eggs, 12 pcs. 3 $
Local cheese, 1 kg 11 $
Beef, 1 kg 20 $
Chicken, 1 kg 12 $
Cappuccino, cup 3 $
Local beer, 0.33 L bottle 2 $
Wine, bottle 0.75 L 8 $

Cuisine. The national dishes are made from lobster, crab meat, shrimp and fresh fish. Chicken fillets and goat meat are often used in the meat recipes. The food in inexpensive cafes is just as delicious as in the restaurants of St. Lucia. For $5 you can dine at a street cafe. A three-course lunch at a mid-range restaurant costs $30 for two.

Cruise ships moor in the port of Castries, the capital of St Lucia

There are many waterfalls in the rainforest of St Lucia and they create a unique ecosystem for the island. Wild orchids and giant fern species grow here

Сome from all over the world to the sulphur springs of St Lucia to treat diseases of the skin, bones and joints. The healing mud helps visitors recover from injuries, and strengthen the nervous and cardiovascular systems

For $5, you can have a delicious meal in street cafes. The menu includes grilled seafood, avocado and vegetable dishes

Five Steps to Citizenship of St Lucia

1. Contact Immigrant Invest. We are the only licensed agent for the St Lucia Program with our own Compliance Department.
A certified Compliance Anti Money Laundering Officer checks the investor’s data and assesses the potential risks of complications or rejection of the application for citizenship. Our lawyers will study the investor’s situation and will recommend solutions that are suitable for the applicant.

2. Sign a contract with Immigrant Invest, a licensed agent for the St Lucia program. The contract can be concluded in one of our offices or remotely.

3. Prepare documents. Immigrant Invest will tell you which documents are required. Our employees will fill out the government forms, translate them into English and notarize the documents. The documents are then sent to the relevant department of the government of St Lucia.

4. Await the decision of the government of Saint Lucia. This takes from 2 to 6 months. The investment condition needs to be met within 90 days and the state fee needs to be paid within 60 days after an application for citizenship is accepted.

5. Obtain a passport and a certificate of naturalization. This can be obtained at the Immigrant Invest office or it can be delivered by courier.

Frequently Asked Questions

St Lucia passport can be obtained by investment. The program offers 4 investment options to choose from:

  • $100,000 or more — a contribution to the National Economic Fund (NEF);
  • $300,000 or more — investment into real estate approved by the government;
  • $500,000 or more — purchase of government bonds;
  • $3,500,000 — enterprise investment.

Options of real estate and bond investments are more pricey than the contribution to the NEF. But an investor can sell real estate or pay off bonds and refund investments. And the St Lucia citizenship stays with the investor for life.

Until December 31, 2021 St Lucia halved the minimal investment sum for the bond purchase. During this time the bonds can be purchased for $250,000.

St Lucia citizenship provides visa-free access to 146 countries. The passport replaces entry visas to the EU countries, the UK, Singapore and Hong Kong.

The St Lucians easily obtain a visa to the USA. They can get a tourist visa B1/B2 for 10 years in a couple of days applying to a US consulate located in any country St Lucia has the visa-free agreement with.

The St Lucia tax legislation is beneficial to companies which are tax residents of the country. 0% tax is provided for income earned outside St Lucia.

St Lucia citizens get all the benefits of the Commonwealth of Nations. For example, they can get a scholarship to study in a university in the UK and to reduce expenses for education.

No, the St Lucia citizenship is valid for life. The first passport is valid for 5 years. A citizen should get the new passport after the first one expires. The procedure is simple and remote. The new passport issuance fee is $500. Each next passport is valid for 10 years. Citizens cannot be refused to renew the passport.

If an investor’s application is approved for participation in the St Lucia program, he can get following delays: 90 days to pay the investment sum and 60 days to pay the government fee. If the investor fails to meet the deadline, he can apply for an extension of the delay. The payment deadline will be moved in case of unforeseen circumstances.

The obligatory program payments can be made with a bank card. In this case the money is transferred within 1 bank day. If the payment is made via bank transfer to the banking details, the transfer will take longer — up to 1 week.

The Commonwealth of Nations is an intergovernmental organization. It used to be known as the British Commonwealth of Nations. The Commonwealth head is the incumbent UK monarch. 54 countries are members of the Commonwealth.

Citizens of the Commonwealth countries have several benefits. For example, they have visa-free access to the Commonwealth countries, they are under the protection of the Commonwealth countries' embassies around the globe. They also can get a scholarship to study in universities across the Commonwealth.

Due Diligence is a juridical audit of an investor and his family. The audit results influence the approval of an investor’s application. The application will be rejected if the applicant has a criminal record, has already been refused citizenship or a residence permit, and has been subject to sanctions.

St Lucia maintains the reputation of a state governed by the rule of law and conducts the audit meticulously. For example, 46 applicants had been rejected since 2016.

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