Saint Lucia citizenship acquired through its Citizenship by Investment Program facilitates visa-free travel to more than 120 countries including Hong Kong and Russia. The Saint Lucia Citizenship by Investment Program is the first in the Caribbean region to offer purchase of non-interest-bearing Government bonds.
St. Lucia is the 238 square-mile neighboring island of Martinique, located 21 miles from its Northern tip and St. Vincent, 26 miles from its Southern tip. Both are visible on a clear day. Barbados is 110 miles Southeast, and its beauty alone may be the only reason you need to get a Saint Lucia passport.
Apex Capital Partners specialists of the company will provide professional legal support, consult at all stages, while Saint Lucia citizenship is being processed. And therefore, they will prepare all the necessary documents.
BENEFITS OF SAINT LUCIA CITIZENSHIP
– No tax on worldwide income in Saint Lucia
– The Program does not require the applicant to reside in the country
– All required documents may be filed remotely
– Application processing takes approximately three months
REQUIREMENTS FOR SAINT LUCIA PASSPORT
– Main applicant must be at least 18 years of age
– Pass a diligence background check along with their qualifying dependents over the age of 18
–Applicants must undergo an interview* in person or virtually.
* Effective since September 1st, 2023.
Apex Capital Partners is the official licensed agent of the state of Saint Lucia for working with citizenship programs for investors.
OPTION 1.
Donation to the National Economic Fund of at least USD 240,000* for applicant with up to three qualifying dependents.
Look for the list of the new fees’ requirements below.
* New rules from 1st of July 2024.
OPTION 2.
Investment in government bonds of the total amount of USD 300,000* (minimum), for 5 years. No interest, guaranteed return. Applicant applying with any number of dependents.
OPTION 3.
Investment in approved real estate of at least USD 300,000*.
* New rules from 1st of July 2024.
Please note that mandatory government fees will be added to the declared investment amounts. As well as legal support services. Request a cost calculation from APEX.
The most lucrative industry in Saint Lucia is of course the tourism, with over 400,000 vacationers visiting annually, which has accounted for 65% of the country’s GDP. Fun fact: the island is the #1 wedding destination. Many tourists even end up getting their Saint Lucia citizenship after being struck by the beauty of the island.
With all the visitors, there are ample opportunities to get into the hotel business, international recreation, and boutique innovation.
Compulsory education in Saint Lucia starts at the age of 5 and ends at 15, putting children through public school for free. The system is strong, proudly becoming the #4 ranked country for primary education back in 2012. The investment in secondary education stands at 27.9 % of the national budget on education.
Higher education options include the University of the West Indies and the notable Sir Arthur Lewis Community College which has four successful divisions: agriculture, arts & science, teacher education and management studies.
Saint Lucia’s property market is flourishing, driven by the profit from tourism and, of course, the stunning views and island atmosphere. 2016 and the few years after it mark an incredible time to get into the housing market as prices are expected to rise significantly in the coming years. Serious real estate investors may want to strongly consider gaining Saint Lucia citizenship to capitalize on relatively low-priced homes.
Residential property prices vary widely, starting at around a cost of $700,000 and going as high as $15 million, with the average luxury home running at about $2 million.
Saint Lucia is a small island, but it does have robust, high-resource hospitals with care that can compete with the U.S. and UK in terms of quality.
Healthcare and social services have been expanding with the economy since 2014, improving significantly over low health spending prior to the 21st century.
If you’re used to free health care, you may be disappointed to find out those perks don’t exist in Saint Lucia. However, health insurance is quite affordable and provides great coverage for both individuals and families.
IMPORTANT NEWS
Saint Lucia implemented changes in qualifying investment prices since 1st of July, 2024
- As а signatory to the Memorandum agreement, Saint Lucia changes price rates and fees for Investment in the Saint Lucia National Economic Fund.
- Applicant applying with up to three qualifying dependents — USD 240,000
- Each additional qualifying dependent (under 18 years of age) — USD 10,000
- Each additional qualifying dependent (above 18 years of age) — USD 20,000
- Newborn child of а citizen who is 12 months of age or below — USD 5,000
- Spouse of а citizen — USD 35,000
- Qualifving dependents of а citizen other than а spouse — USD 25,000
- Investment in an approved real estate project for applicants with any number of qualifying dependents — USD 300,000 plus applicable administration fees.
- No changes for National Action Bond option have been announced.
Caribbean MoU will change the cost of citizenship by investment programs
The four founding countries of investment citizenship programs in the Caribbean region – St. Kitts and Nevis, Dominica, Grenada, Antigua and Barbuda – have published a document on regulating processes and operating standards. The most resonant point of the Memorandum was the intention of the four countries to increase the amount of the minimum investment in all programs to USD 200,000 no later than June 30, 2024.
Let us recall that Saint Kitts and Nevis raised the minimum investment Contribution to the state fund in the summer of 2023 to USD 250,000, while Grenada still has a minimum investment threshold of USD 150,000, and Dominica and Antigua – from USD 100,000.
Saint Lucia citizens eligible for an eTA visa to Canada
In the first week of June 2023, Canada announced that a number of countries have joined the Electronic Travel Authorization (eTA) program. Among them are 5 states of the Caribbean region. Now citizens of Saint Lucia, Antigua and Barbuda, Saint Kitts and Nevis, Grenada and Dominica have received visa-free entry to Canada, but with some exceptions. If citizens of these countries have opened a Canadian visa within the past ten years, or currently hold valid US non-immigrant visas, they will be able to apply for an eTA when traveling to Canada by air.The remaining categories of citizens are still required to receive regular visas.
EUROPEAN CITIZENSHIP BY INVESTMENT
European Citizenship by Investment is becoming increasingly popular across the globe. We will answer the questions where can I get second passport EU and what countries would be interesting for EU citizenship through investment?
CITIZENSHIP BY INVESTMENT IN REAL ESTATE PROJECTS
Apex Capital Partners has experience in the real estate market. This allows you to find reliable developers around the world whose projects allow you to obtain citizenship for real estate.
ABOUT APEX CAPITAL PARTNERS
Apex Capital Partners Corp. is a full-service government mandated advisory firm specializing in second citizenship and investor immigration programs for a multinational clientele.
APEX provides services with end-to-end execution for many HNWI, representing them to Citizenship by investment programs in countries around the world.
- More than 30 YEARS of investment consulting
- More than 3 BILLION USD in investments
- More than 3000 CLIENTS served internationally
Lucina Bruno,
Vice-president, Caribbean operations
«A second citizenship enables you to gain more personal and economic freedom and is an integral part of international asset diversification. A Saint Lucia citizenship will last for generations; you will be able to pass it on to your children and grandchildren.»
