Saint Lucia citizenship acquired through its Citizenship by Investment Program facilitates visa-free travel to more than 120 countries. Holders of a St Lucian passport can visit the UK, Hong Kong and the Schengen area without a visa. 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 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
– 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
Apex Capital Partners is the official licensed agent of the state of Saint Lucia for working with citizenship programs for investors.
Donation to the National Economic Fund of at least USD 100,000, depending on the number of dependents to get Saint Lucia citizenship.
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.
Investment in approved real estate of at least USD 200,000*.
* New rules since 1st of January 2023.
Starting from January 1, 2023, the bond option has risen in price to USD 300,000 (against USD 250,000 earlier). Now it is a 5-year return on investment with a bonus — you can include any number of dependent family members in the application. An additional, non-refundable administration fee of USD 50,000 is applicable.
Changes in the rules of the option with the purchase of real estate, on the contrary, the amount has been reduced by $100,000 from January 1, 2023. Approved developments only.
Investors who received Saint Lucia citizenship under the program through a contribution to the National Economic Fund twelve (or less) months ago can also apply for a passport for a newborn child. In this case, the fee will be 5000 USD instead of 500 USD before.
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.
For more details on how to choose the best option, get in touch with one of our representatives at Apex Capital Partners.
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?
The experience of Apex Capital Partners with the real estate market allows us to find reliable developers around the world whose projects allow you to obtain citizenship for real estate.
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.
«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.»
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