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I Visa Services

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ST.Lucia CITIZENSHIP

Overview

Saint Lucia Citizenship-by-Investment Program was established in 2015. The country offers one of the strongest passports within fast-track citizenship programs, giving investors visa-free access to 123 countries, included Schengen states. You and your family will obtain an irrevocable dual citizenship and second passport without having to move away or renounce your current nationality. Saint Lucia's Citizenship by Investment Program was launched following the passage of Act No. 14 of 2015, the Citizenship by Investment Act. The objective of the Act is to enable persons to acquire citizenship of Saint Lucia by registration following a qualifying investment in the country. The Government has announced several attractive amendments to its Citizenship by Investment Program which were made effective on January 1st, 2017.

TimeLine: 3 - 4 months

Nationalities supported: Open to all nationalities

Visa Free Travel: Instant visa-free travel to 123 countries, including the Schengen countries, United Kingdom, Singapore and Hong Kong

investment type: Contribution to St. Lucia’s Government or Investment in St. Lucia’s Government Approved Projects.

investment cost: Contribution to St. Lucia’s National Economic Fund (USD 100,000 for a single applicant) or Real Estate Option (USD 300,000)

BENEFITS

Dual citizenship and second passport in 3-4 months
Instant and irrevocable second citizenship
No need to reside in St. Lucia
Dual Nationality Allowed
Open to all nationalities

Instant travel to 123 countries
St. Lucia second passport includes visa free travel to all Schengen States, the United Kingdom and most British Commonwealth member countries
Reputable second passport easy to obtain visas when required

The country ranks 77th in the ‘Doing Business Report’ by the World Bank, 8th overall in Latin America and 2nd in the Caribbean Region
Generous tax regime - no wealth, gift, inheritance, foreign income, or capital gains tax
No personal income tax
Generous incentive packages including corporate tax incentives, full exemption from import duties, tax relief benefits and export allowance

Spouse and children below 25 obtain a second passport
Dependent parents over the age of 65 can now be added
Right of descent for future generations
One of the most developed islands in the Caribbean with a safe and stable environment
Health care is provided throughout the country

COSTS

The second citizenship and passport program of St. Lucia requires making an economic contribution to the country or an investment in a Government approved project.

OPTION-Contribution to St. Lucia’s Government or Investment in St. Lucia’s Government Approved Projects.

Saint Lucia National Economic Fund is a special fund established under Section 33 of the Citizenship by Investment Act for the sole purpose of receiving qualifying investments of cash for funding government sponsored projects. A non-refundable contribution to the National Economic Fund (NEF) of a minimum of USD 100,000 . The financial contribution varies depending on the number of applicants:

TIMELINE

MONTH 1-2

Client signs IVS Retainer Agreement and pays the retainer invoice Once the file is ready for submission, the client pays Government Processing Fees, Due Diligence, Citizenship Application and Passport Fees. A deposit to secure their share is also paid to the Government Escrow account. The client pays the Submission invoice of IVS Professional Fees.

MONTH 3

Due Diligence results are ready and Citizenship approval is issued. At this point, the applicable Financial Contribution is payable to the Ministry of Finance and Planning. In the case of real estate option, the remaining balance due on the property is paid to the Escrow account. The client pays the Approval invoice of IVS Professional Fees.

MONTH 4

Citizenship Certificates are issued and IVS obtains the passports, which are then delivered to the client in their home country. The time estimated to receive the citizenship approval is based on the Government's due diligence processing time and is not guaranteed*

GENERAL INFO

Visa requirements for Saint Lucian citizens are administrative entry restrictions by the authorities of other states placed on citizens of Saint Lucia.

As of 1 January 2018, Saint Lucian citizens had visa-free or visa on arrival access to 130 countries and territories, ranking the Saint Lucian passport 34th in terms of travel freedom (tied with Paraguayan and Venezuelan passports) according to the Henley Passport Index.

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