Visa-Free Countries
146
Population
179,651
GDP per Capita
US$ 9,414
Unlock the door to global citizenship
In 2015, the government of St Lucia launched it’s citizenship by investment (CBI) programme. The scheme allows foreign investors and their families to become citizens, allowing them to obtain a St Lucian passport and all of the benefits associated with holding one.
How To Obtain Citizenship In St.lucia
Launched in 2015, the St Lucia Citizenship by Investment (CIB) scheme is one of the newest on the market. It is the only Caribbean country to offer government bond investments as a path to citizenship.
By obtaining citizenship, you are granted a St Lucian passport, giving you visa-free access to over 140 countries, including the UK and Singapore.
There are four investment options to obtain citizenship in St Lucia.
1
real estate
Invest $200,000 in government-approved real estate projects. Be aware that by choosing this option, non- refundable government fees apply that increase depending on the number of applicants.
2
Invest In The National Economic Fund (NEF)
The most cost-efficient way of gaining citizenship in St Lucia is to invest $100,000 in the NEF. This is the cost for a single applicant. The cost increases as you add others to your application. For example, a family of four costs $190,000
3
Government Bonds
Invest $500,000 in government bonds as the principal applicant. It costs an additional $25,000 for each person you add to your application.
4
Enterprise Investment
Invest $3.5 million in a government-approved enterprise. Alternatively, make a joint investment of $6.5 million.
Benefits Of Citizenship In St. Lucia
Cost-effective
One of the most cost-efficient in the world. Can obtain citizenship for a minimum investment of $100,000.
Visa-free Travel
Visa-free travel to over 140 countries across the globe, including the UK, Hong Kong and Singapore.
Citizenship For Your Family
Ability to include family members, including children, spouse, parents and grandparents.
Citizenship Inheritance
Once citizenship status in St Lucia is obtained, this is permanent, and passed down to future generations.
No Travel Requirements
There is no need to travel to St Lucia or remain there as a resident.
Tax Benefits
Favourable tax system, with no inheritance, wealth or capital gains tax.
Taxation In St. Lucia
As a citizen of St Lucia, you benefit from a favourable tax regime, including no inheritance, wealth or capital gains tax. This applies to worldwide income or assets.
Person income tax (PIT) applies to revenue generated within the country at the following rates:
- Up to 18,400 East Caribbean Dollars (XCD) – 0%
- 18,401 to 28,400 XCD – 10%
- 28,401 to 38,400 XCD – 15%
- 38,401 to 48,400 XCD – 20%
- Over 48,401 XCD – 30%
Residents and non-residents also pay a 5% tax on salaries earned in St Lucia to the social security fund.
VAT also applies in St Lucia at a rate of 15%, or 8% for hotel businesses.
Application Process
All applications are assessed by the Citizenship by Investment Board (CBIB). The government also conducts due diligence checks on the main applicant and additional adult dependents included on the application.
The steps to obtaining citizenship will vary depending on the route you take. Below is a general breakdown of the process.
Month 1:
Pick the investment route that suits your needs. An authorised expert will take care of your application and submit it along with all the required paperwork.
Months 2 - 3
Once your application is submitted, it will be assessed, and background checks carried out. Once approved, you have 60 days to make your investment and provide proof.
Month 4:
When the investment is confirmed, you must pay the passport fee and obtain your Certificate of Registration. Once you have this, you will become a citizen of St Lucia.
