About St Lucia by CITIZENSHIP BY INVESTMENT
Who Can Get St Lucia Citizenship
- Firstly, over 18 years old
- Secondly, have never been prosecuted for anything other than a minor traffic offence
- Next, are not the subject of an ongoing criminal investigation, and
- Lastly, are not considered by a court or doctor to be mentally incapacitated
- Firstly, over 18 years old
- Secondly, have never been prosecuted for anything other than a minor traffic offence
- Next, are not the subject of an ongoing criminal investigation, and
- Lastly, are not considered by a court or doctor to be mentally incapacitated
- Fully supported by the investor
- Of any age
- Fully supported by you, the investor
- Over 55, and
- Living with and entirely dependent on you, the investor
- Firstly, under the age of 18
- Next, unmarried
- Finally, with the written consent of a parent or guardian
St Lucia Citizenship Programme Requirements
To qualify for the Saint Lucia Citizenship by Investment Programme, applicants must satisfy all statutory criteria and fulfill one of the following investment requirements:
OPTION 1. Donate to the National Economic Fund
The first Citizenship by Investment option requires a $240,000 contribution by you.
Furthermore, each new dependent you add to a family of four costs $15,000. In addition to these costs, there is a $2,000 processing fee for you, and you need to pay $1,000 for each dependent. As a result, due diligence fees run to $7,500 for you and $5,000 for dependents over the age of 16.
OPTION 2. Invest in National Action Government Bonds
Deposit $300,000 in these non-interest-bearing bonds. Pay a $50,000 administration fee, which includes a $2,000 processing fee for you and $1,000 for each dependent.
Moreover, you are liable to $7,500 due diligence fees for you and $5,000 for dependants over the age of 16. What’s more, you need to keep the bonds for 5 years.
OPTION 3. Contribute to an Approved Real Estate Project in St Lucia
Invest $200,000 in high-end tourist properties. In addition, pay a $30,000 administrative fee as a solo applicant. This amount increases to $45,000 if applying with a spouse.
Furthermore, pay a $5,000 administrative fee for each dependent under 18 and $10,000 for those over 18. Lastly, there are $7,500 due diligence fees for you and $5,000 for dependents over the age of 16.
OPTION 4. Invest in a St Lucia Approved Enterprise Project
Contribute $250,000 as a solo applicant up to a family of 4 in:
- Specialist restaurants
- Cruise ports and marinas
- Agro-processing plants
- Pharmaceutical products
- Ports, bridges, roads, and highways (infrastructure)
- Research institutions and facilities
- Offshore universities
- Housing projects
- Social development projects
- Investment services
pay an extra administration fee of US$15,000. In addition, each dependant aged 18 and above is liable for a $35,000 administrative fee whilst those under 18 pay $25,000.
If you’re applying just with your spouse, however, the administrative fee to pay will be $40,000 in total ($20,000 each). It costs $25,000 each if you’re applying with 1 dependants and $30,000 if there are 3 dependants.
Other St Lucia Citizenship Requirements and Benefits
As a St Lucia Citizenship by Investment Program applicant, you must present your birth certificate and a valid passport. You also need to maintain your investment for at least 5 years. Yet you do not have to move to St Lucia to become a citizen.
Furthermore, it’s worth noting that any future offspring can qualify for Saint Lucia citizenship.
St Lucia Citizenship by Investment Application Process
MONTH 1
St Lucia citizenship onboarding process
We commence our St Lucia citizenship process with Form 1, the initial RIF Trust due diligence. Next, following this screening, we provide you with a Client Agreement (CA) to review and sign.
Then, upon receiving the signed agreement and retainer payment, our case processing team completes all necessary government forms and supporting documents. If you choose a property investment, you wneed to execute a sales and purchase agreement with the developer.
Finally, we liaise with the property developer and the St Lucia Citizenship by Investment Unit on your behalf.
MONTHS 2-3
Application review and submission of your St Lucia Citizenship by Investment
Before submitting your documents, we will review your application to ensure your file meets the Citizenship by Investment Unit’s requirements.
The Unit will undertake its own due diligence and subsequently reviews all the paperwork. Meanwhile, we continue to work closely with them throughout the process.
As the principal applicant, you need to attend an interview with the St Lucia Citizenship by Investment Unit. This can be done in person at their Castries HQ. Alternatively, you can set up an online appointment.
MONTHS 6-12
St Lucia citizenship issued
The Citizenship by Investment Unit assesses your application. Once approved, you make all necessary contributions and pay any applicable government fees. Then, you sign the oath of allegiance before an attorney-at-law, a Consular Officer of St Lucia, an Honorary Consul of St Lucia, or a Notary Royal, or Notary Public.
Afterwards, you can collect your Certificate of Registration. You can do this at the Castries HQ or at your nearest Consulate or Embassy. Then you’re eligible to qualify for a Saint Lucia passport.
Contact Us if You Are Looking for a Visa Application
Need a consultation? Call us today +92 300 833 0167 or email us: info@riftrustglobal.com