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St. Lucia Citizenship by Investment | Savory & Partners
Crest of St. Lucia

program

Saint Lucia Citizenship by Investment

Program Overview

Minimum Investment

$240,000 Donation

Minimum Investment

$300,000 Real Estate

Time to Citizenship

4-6 Months

Visa Free Access

140+ Countries & Territories

Saint Lucia Citizenship by Investment Requirements

The St. Lucia Citizenship Program was launched in December 2015 and it’s the newest one of the Caribbean programs for citizenship by investment.

To be able to apply for this program you should be at least 18 years of age, in good health, and without a criminal record.

Additionally, you are required to make a non-refundable donation to the Saint Lucia National Economic Fund or make an investment in government-approved real estate projects.

Main Applicant Requirements

  • 18+ years of age
  • Good health
  • No criminal record
  • Successfully pass due diligence checks
  • Receive approval by the government
  • Confirmed investment sources

Eligible Dependents

  • Spouse of the main applicant
  • Adult children (biological or adopted) under 30 years of age
  • Parents above 55 years of age
  • Unmarried siblings below the age of 18 who have received consent from their parents to make a citizenship application

Saint Lucia Citizenship by Investment Benefits

Freedom of movement

Visa-free travel

Visa-free and visa-on-arrival travel to over 140 countries and territories including Hong Kong, Singapore, the Schengen Area, and the United Kingdom.

Guaranteed by law

Guaranteed by law

St. Lucia is a stable country which is part of the Commonwealth with a democracy based on the British parliamentary system.

Health & Education

Straightforward process

Designed to be a smooth and straightforward process with a timeframe of 6 months to your new citizenship.

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Tax relief

St. Lucia imposes minimal taxation, with an exception of no taxation on wealth, gift, inheritance, foreign income, or capital gain.

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Minimal residency required

There are no requirements to travel to St. Lucia during or after the application. Also, there are no residency requirements.

Dual residency

Dual Citizenship permitted

There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.

Legal Basis

SAINT LUCIA | Citizenship by Investment

Legal Basis in Saint Lucia

The Saint Lucia Citizenship Act passed both houses of Parliament in August of 2015. The regulations regarding Citizenship by Investment in Saint Lucia are contained in Statutory Instrument No.89 of 2015. The Act enables individuals and families to acquire Saint Lucian citizenship upon making a qualifying investment.

Costs of Saint Lucia Citizenship by Investment

The Saint Lucia Citizenship by Investment Act of 2015 allows eligible individuals and their families to apply for Citizenship by making either:
1) Donation - National Economic Fund (NEF)
Cash donation to the National Economic Fund, Government Escrow Account.

Single Applicant

USD 240,000

Main Applicant with up to 3 qualifiying dependents

USD 240,000

Each additional qualified dependent below the age of 18

USD 10,000

Each additional qualified dependent above the age of 18

USD 20,000

2) Real Estate Investment
Investment in real estate through one of the government-approved real estate assets; freehold property with a title deed and hotel shares.

Minimum Investment

USD 300,000

Administrative fees
In addition to the purchase of real estate there are administrative fees to be paid:

Main applicant

USD 30,000

Main applicant & spouse

USD 45,000

Applicant applying with spouse & more than 4 dependents

USD 10,000

Each additional qualified dependent below the age of 18

USD 5,000

Each additional qualified dependent above the age of 18

USD 10,000

3) Enterprise Project - Option 3
Investment in a government-approved enterprise project.

Main applicant

USD 250,000

Main applicant and spouse

USD 250,000

Main applicant with up to 3 qualifying dependents

USD 250,000

Each additional qualified dependent regardless of age

USD 10,000

Administrative fees
In addition to the enterprise investment there are administrative fees to be paid:

Application

USD 15,000

Main Applicant and Spouse

USD 20,000

Main Applicant with two dependents

USD 25,000

Main Applicant with three dependents

USD 30,000

Each additional qualifying dependent

USD 10,000

Additional fees - Application processing fees
There are processing costs related to both the donation and real estate investment options.

Main applicant

USD 2,000

All eligible dependents

USD 1,000

4) National Action Bond (NAB)
Applicants need to invest in non-interest-bearing bonds. These bonds must be registered under the name of the applicant for a duration of 5 years. The investment amount stated below is for applicants applying with any number of dependents.

Investment amount

USD 300,000

Non-refundable adminstration fees

USD 50,000

Due Diligence & Background Checks
There are compulsory background checks that apply to the investment options. The fees are payable to the government’s preferred due diligence agency to screen applicants based on their application.

Main applicant

USD 8,000

Eligible dependents aged 16 and older

USD 5,000

Application Process For Saint Lucia Citizenship by Investment

The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice. The reviewal stage is subject to the respective government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

Application Process

6 months

*Sample of Passport
Saint Lucia Citizenship Passport | Savory & Partners
  • Step 1
    Savory & Partners will pre-screen your passport for government pre-approval. A down payment for professional fees will be applicable in order to start your application.
  • Step 2
    Savory & Partners professional team will assist and advise you with the collection of the documents required according to the government checklist.
  • Step 3
    Your application is then submitted together with due diligence fees. If taking real estate option, a reservation of your chosen property must be made at this time. The real estate investment is fully refundable should your application not get approved.
  • Step 4
    Due diligence report is issued to the government. Based on the report the government makes its decision on your Citizenship application.
  • Step 5
    Once accepted you are invited to pay the donation or if taking the real estate option, pay the balance of your purchase is made.
  • Step 6
    A certificate of registration, citizenship certificate and passport are issued in your name. The balance of the professional fees is then paid.
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PORTUGAL | RESIDENCY BY INVESTMENT

READY TO APPLY?

Visa-free Countries for Saint Lucia Citizenship

Along with its tropical weather and beautiful scenery, St. Lucia also offers travel benefits for its citizens. A passport from St. Lucia allows visa-free or visa-on-arrival access to over 140 countries around the world. The country allows for dual-citizenship and holders of the St. Lucia passport may continue to live in their own country, while still taking advantage of the visa-free travel benefits St. Lucia offers its citizens.

VISA-FREE AND VISA-ON-ARRIVAL COUNTRIES

140+ Countries & Territories

Visa-free access (113 countries & territories)

  • Andorra
  • Angola
  • Anguilla
  • Antigua and Barbuda
  • Argentina
  • Aruba
  • Austria
  • Bahamas
  • Barbados
  • Belgium
  • Belize
  • Bermuda
  • Bonaire, St. Eustatius and Saba
  • Bosnia and Herzegovina
  • Botswana
  • Brazil
  • British Virgin Islands
  • Bulgaria
  • Cayman Islands
  • Chile
  • Colombia
  • Cook Islands
  • Costa Rica
  • Croatia
  • Cuba
  • Curacao
  • Cyprus
  • Czech Republic
  • Denmark
  • Dominica
  • Dominican Republic
  • Ecuador
  • El Salvador
  • Estonia
  • Eswatini
  • Faroe Islands
  • Fiji
  • Finland
  • France
  • French Guiana
  • French West Indies
  • Gambia
  • Germany
  • Gibraltar
  • Greece
  • Greenland
  • Grenada
  • Guatemala
  • Guyana
  • Haiti
  • Honduras
  • Hong Kong
  • Hungary
  • Iceland
  • Ireland
  • Israel
  • Italy
  • Jamaica
  • Kiribati
  • Kosovo
  • Latvia
  • Lesotho
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malawi
  • Malaysia
  • Malta
  • Mauritius
  • Micronesia
  • Moldova
  • Monaco
  • Montenegro
  • Montserrat
  • Netherlands
  • New Caledonia
  • Nicaragua
  • Norway
  • Palestinian Territories
  • Panama
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Romania
  • Rwanda
  • Saint Kitts and Nevis
  • San Marino
  • Singapore
  • Slovakia
  • Slovenia
  • Spain
  • St. Helena
  • St. Maarten
  • St. Pierre and Miquelon
  • St. Vincent and the Grenadines
  • Suriname
  • Sweden
  • Switzerland
  • Taiwan
  • Tajikistan
  • Tanzania
  • Trinidad and Tobago
  • Tunisia
  • Turks and Caicos Islands
  • United Kingdom
  • Uzbekistan
  • Vanuatu
  • Vatican City
  • Venezuela
  • Wallis and Futuna
  • Zambia
  • Zimbabwe

Visa on arrival (28 countries & territories)

  • Bangladesh
  • Bolivia
  • Burundi
  • Cambodia
  • Cape Verde
  • Comoros
  • Djibouti
  • Egypt
  • Guinea-Bissau
  • Jordan
  • Laos
  • Macao
  • Madagascar
  • Maldives
  • Mauritania
  • Mozambique
  • Nepal
  • Niue
  • Palau
  • Samoa
  • Senegal
  • Seychelles
  • Sierra Leone
  • Solomon Islands
  • Timor-Leste
  • Tonga
  • Turkey
  • Tuvalu

(eTA) access (4 countries & territories)

  • Kenya
  • Pakistan
  • South Korea
  • Sri Lanka

e-Visa access (32 countries & territories)

  • Albania
  • Armenia
  • Australia
  • Bahrain
  • Benin
  • Bhutan
  • Burkina Faso
  • Cameroon
  • Congo (Dem. Rep.)
  • Côte d’Ivoire (Ivory Coast)
  • Equatorial Guinea
  • Ethiopia
  • Gabon
  • Georgia
  • Guinea
  • India
  • Indonesia
  • Iran
  • Kazakhstan
  • Kyrgyzstan
  • Libya
  • Mongolia
  • Nigeria
  • Oman
  • Papua New Guinea
  • Sao Tome and Principe
  • South Sudan
  • Tajikistan
  • Thailand
  • Uganda
  • United Arab Emirates
  • Vietnam

Client Success Stories

Success Stories - A safe and bright future

The problem

Our Indian client, a business owner and single parent was looking for long-term residency in a country that would ensure quality education and safety for his daughter. With a successful business set-up in his home country, he could not consider relocating as it would limit his growth opportunities. At the same time, he wanted to secure a bright future for his daughter ensuring world-class education but was also wary about her well-being and safety. Above all, recently divorced, it was challenging for the client to procure documents for his daughter.

The solution

When the client approached Savory & Partners, we considered the many sentiments involved including that of a father, a dedicated businessman and a single parent. We understood his requirement and prepared a strategy that would not only serve his personal life positively but would see his business grow by leaps.

We recommended Portugal, not just for the simplicity of obtaining a residence permit but its exceptional education system and healthcare. Portugal is known for its outstanding higher education institutions.

Portugal has a lot of different immigration options available. The passive income - the D7 visa, the newly christened Digital Nomad Visa and the option that is tailor-made for businessowners - the Portuguese D2 visa.

Our client could fulfill his residency requirements while also maintaining an active management role in his company without worrying about spending too much time outside of Portugal.

With residential flexibility of the Golden Visa, his daughter could relocate to Portugal immediately and he could fulfil his residency requirements while also maintaining an active management role in his company back home without worrying about spending too much time outside of Portugal. As of 2021, Portugal is globally ranked in the top ten in terms of ease of registering a company. Meaning our client would not only go ahead and bring his existing business to Portugal but could venture into new business opportunities across Europe.

Approaching Savory & Partners to undertake his residency application ensured that the client would have all the necessary documents for himself and his daughter ready on time. Our agents oversaw that all requirements for a successful due diligence were also fulfilled.

Download brochure

Content

  • Saint Lucia Country profile
  • Benefits of the program
  • Investment requirements
  • Investment process

Length

4 pages

Language

English & Arabic

size

1 mb

ABOUT SAINT LUCIA

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CAPITAL

Castries

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TOTAL AREA

617 km²

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POPULATION

179,857

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LANGUAGE(S)

English, Patois

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CURRENCY

East Caribbean Dollars (XCD)

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EXCHANGE RATE

1 USD = 2.70 XCD

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GDP – PER CAPITA (2022)

USD 13,030

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GDP – TOTAL (2022)

USD 2.344 billion

About St. Lucia

Named after St. Lucy, a Roman Catholic Saint, the island of Saint Lucia is located in the Atlantic Ocean in the Caribbean. This volcanic island is part of the Windward Island and situated close to the islands of Martinique and St. Vincent.

The island is famous for its 2 volcanic mountain caps – “The Pitons” based in a World Heritage Site. Also, it boasts the world’s only drive-in volcano.

Lucia has a total area 620 square kilometres (239 square miles) and is 43km long (27 miles) by 23km wide (14 miles).

The weather is typical for a Caribbean island with temperatures ranging from 21 – 32 degrees. The tropical climate is moderated by northeast trade winds that allow for pleasant year-round conditions. Although the island is located in the hurricane belt, it has been spared from all destructive hurricanes in the past.

The official language is English, however, 95% of the population speak a French dialect – Saint Lucian Creole French.

The country is a member of the British Commonwealth and the United Nations and the legal system in Saint Lucia is well-respected and based on English law.

Saint Lucia is a member of the UNO and WTO, African, Caribbean and Pacific Group of States, Association of Caribbean States, Caribbean Community, Non-Aligned Movement, Organisation Internationale de la Francophonie, Organisation of the Eastern Caribbean States and the Organisation of American States. The island also hosts the headquarters of the Organisation of Eastern Caribbean States in the capital city of Castries.

The currency is the Eastern Caribbean dollar (XCD) which is pegged to the U.S. dollar.

The Saint Lucia Citizenship by Investment Program, also known as St Lucia CIP, is a respected and government approved program. There are no capital gains or inheritance taxes in Saint Lucia. You will not be taxed on worldwide income if you are simply holding a citizenship and are not a resident of Saint Lucia. Property tax is levied on all properties.

The island’s main export is bananas, but they also export beer and petroleum oils. However, tourism is very important to the Saint Lucian economy with many visitors arriving on the island from cruise ships.

Where is St. Lucia?

Saint Lucia is in the Caribbean, an island between the Caribbean Sea and North Atlantic Ocean, north of Saint Vincent and north-west of Barbados.

SAINT LUCIA | Citizenship by Investment

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