A small island nation located in the Caribbean Sea, Saint Lucia attracts with its unique natural beauty, rich history and diverse culture. This place is known for its stunning white sand beaches such as Anse Lazio and Anse Julien, where you can enjoy crystal clear waters and picturesque sunsets.
Saint Lucia is also famous for its active volcanic activity, which has created stunning natural sites such as Mount Volcano and Crater Lake Graham, which are popular places for diving and hiking.
The island has a rich heritage, starting from the time of the Spanish conquistadors and ending with the period of the slave trade. In Vieux Fort, you can see ancient buildings and structures reflecting different eras and cultures.
Colorful carnivals, festivals and fairs take place here, and music and dancing are an integral part of the life of the local population.
Overview
The main goal of the program is to provide an opportunity to become citizens of the positive side and take advantage of all the benefits. At the same time, it also requires the fulfillment of certain obligations. The main thing is to contribute to the development of the country’s independence, which is approved by the government.
Investments:
- The minimum limit is $ 100,000
- The consideration period is 2-3 months
- Advantages of unrestricted movement in many countries, including the Schengen area
Conditions
The unique Saint Lucia passport program for those who invest in the development of the economic system of the state implies that those who wish must make a significant economic contribution to national development. At the same time, they also learn their advantages. The main one is citizenship. But it’s not all that simple here either. Before obtaining a permit, you will have to undergo a fairly strict check, submit a standard set of documents and prove your reliability. A similar check is also carried out by members of the family, for whom it is also planned to issue a passport. The regulation of the program is the Law on Citizenship through Investment No. 14, adopted in 2015.
Benefits
- Visa-free travel: Citizenship of Saint Lucia gives you the opportunity to travel visa-free to more than 148 countries, including all the countries of the Schengen Agreement, the United Kingdom and many others.
- Low residence requirements: Unlike many other citizenship by investment programs, the Government of Saint Lucia does not require you to reside in the country for a certain amount of time. This makes the process of obtaining citizenship more flexible and convenient for many people.
- The fast process of obtaining citizenship:
- Thanks to simplified procedures and the absence of the need to live in the country, you can obtain citizenship of Saint Lucia in just 3-4 months.
- Investment requirements: To obtain citizenship of Saint Lucia, you need to invest a certain amount in government bonds or real estate. The minimum investment amount is only $100,000, which is significantly lower than many other options.
- Return on investment: Investments in real estate in Saint Lucia can be returned after 5 years, after which you become the rightful owner of the property.
Conditions and System of Obtaining
The system provides a unique opportunity for wealthy foreigners who wish to obtain a second passport and access to the benefits of European citizenship to become participants in this program. Here are the main criteria and requirements for participation in the program:
- At least 25 years old at the time of application.
- No criminal record.
- The ability to confirm the legal origin of funds.
- The absence of a threat to the national security of the country.
- Willingness to invest a certain amount in real estate or the state fund of the country.
To participate in the program, investors must purchase a certain type of property in Saint Lucia. Qualifying real estate ventures fall into these classifications:
- Luxury, branded hotels and resorts
- Exclusive, upscale boutique establishments
Ownership of the property is transferred to the investor through a title deed.
In addition, program participants can invest in government bonds of the country, which is also one of the ways to obtain citizenship. However, real estate investments are the most popular and widespread among investors, as they provide not only citizenship, but also the opportunity to own their own housing in the paradise of the Caribbean Sea.
The government has set a minimum threshold of $100, 000, and there are also alternative investments:
- Real estate investment: The minimum investment amount is $200,000. At the same time, the property must be purchased from a government-approved developer or agency.
- Government Bonds: The investor must purchase government bonds worth at least $300,000 for a period of 5.
- Investment Admission: All investments must be made through a licensed agent or lawyer approved by the Government of Saint Lucia.
- Application processing time: The citizenship application process takes about 3-6 months.
It is important to note that requirements and conditions may change, therefore, before starting the process, it is recommended to contact us or the office of the Government of Saint Lucia for up-to-date information.
Stages and Time
The first thing you need to do is fill out an application for citizenship of Saint Lucia and provide the necessary documents.
Purchase real estate worth from $200,000 or invest in National Action Bond from 300 000$ or make an irrevocable donation of $100,000 in National Economic Fund for the development of education, health care or the social sphere of the country.
To be tested for reliability and lack of criminal records in the country of origin and Saint Lucia.
Pay for administrative expenses and lawyers’ services.
Get a certificate of naturalization and a citizen’s passport.
The whole process takes about 4-6 months. However, it is worth considering that the period may increase if additional checks are required or if there are problems with documents. Therefore, it is recommended to start the process in advance to avoid delays and save time.
Dual Citizenship
It is not prohibited by the government from obtaining a passport if they already have another country.