This February Saint Lucia introduced new Infrastructure Option (within Enterprise Project category) option for its CIP to work more on country’s infrastructure. But what does it that mean for the applicant who wants to obtain Saint Lucia citizenship by investment?
Literally it is only an option in process that aims to attract developers who would be able to get additional investments via “Citizenship by Investment program”.
Note that from the start Enterprise Project option of Saint Lucia’s CIP was about Business projects in total with minimum investment $ 3,500,000. That obviously was not really competitive to other options. And now investor may choose this option with $100,000 minimum investment for applicant alone or $150,000 minimum investment for applicant and up to 3 qualifying dependents. But only after there would be at least one authorized project.
From now on developers from certain fields of business activities are able to pass authorization process and get additional money to put in projects. So, Saint Lucia citizenship by investment Program is open to receiving proposals for investment into the following:
- Speciality 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
Apex Capital Partners is a licensed agent of the Saint Lucia citizenship by investment program with a permanent office in this country. We have accumulated extensive expertise in working with this program and regularly receive approvals of applications of our clients from around the world.
Saint Lucia citizenship by Returnable investment
In the meantime, until the option actually works, we remind you that applicants for Saint Lucian citizenship have a unique opportunity to invest in National Action Bonds for 5 years. The state will return the contribution in the amount of $300,000 or more after 5 years. You can include any number of dependent family members in your application. An additional, non-refundable administration fee of US$ 50,000 is applicable.
Saint Lucia citizenship by minimum non-returnable investment
Like other countries in the Caribbean, Saint Lucia has the option of contributing to the National Economic Fund. The minimum investment for applicant alone is $100,000, and $140,000 for applicant with spouse. Or $150,000 for applicant with spouse and up to two other qualifying dependents. If your family is even bigger, you may add $25,000 for each additional qualifying dependent, of any age.
Saint-Lucia citizenship. Benefits
– The Saint Lucia passport allows you to visit more than 120 countries of the world without a visa, including South Korea and Singapore, Hong Kong, Macau.
– The citizenship application process is completely remote and there are no residency requirements.
– This program is valid not only for the investor, but also for the spouse, children under 30 years of age and parents over 55 years of age. And also, for brothers and sisters under 18 years of age (single, without children).
