Click here for information on the COVID-19 Special Relief Investment Bond
Saint Lucia has a quality of life that is rivaled by very few places in the world. It has a relatively low crime rate, access to modern facilities, services and infrastructure, world class restaurants and hotels and prime real estate.
Residents have the options of living closer to the major population centres or closer to the more tranquil countryside to enjoy greener living. It takes just over an hour to travel from the north to the south of the island on a light traffic day, so no place is very far.
Saint Lucia enjoys average temperatures of between 77°F (25°C) and 80°F (27°C) in a year round tropical climate balanced by northeast trade winds. Most rainfall lasts for only a few minutes at a time except if there is a known weather pattern at play.
The Pitons are two volcanic mountains our very own World Heritage Site in St. Lucia, linked by a ridge called Piton Mitan. The two Piton Mountains are perhaps the most photographed feature on the island. The larger of these two mountains is called the Gros Piton and the other is called Petit Piton.
The famous Sulphur Springs is the hottest and most active geothermal area in the Lesser Antilles. The park is approximately 45 hectares and is billed as the Caribbean’s only drive-in volcano. There are man-made hot pools where locals and visitors alike frequent for the healing properties of the mineral-rich water.
Saint Lucia has the distinction of having the highest number of Nobel Laureates per capita in the world. Derek Walcott won the Nobel Prize in Literature in 1992 and Sir Arthur Lewis won the Nobel Prize in Economics in 1979. The two winners share the same birthday of January 23, only 15 years apart.
The most popular played sports on island are cricket, football (soccer) tennis, volleyball, and swimming. Our most renowned athletes are Daren Garvin Sammy, Captain of the West Indies Twenty20 Team; Lavern Spencer, high jump and Dominic Johnson, pole vault.
Four investment platforms provide better opportunities with our good-for-business economy. Tourism accounts for approximately 65% of GDP and has been established as the highest foreign exchange earner.
The second leading industry in Saint Lucia is agriculture.
Saint Lucia implemented a 15% Value Added Tax in 2017, making it the last country in the Eastern Caribbean to do so. In February 2017 Saint Lucia decreased Value Added Tax to 12.5%.
Saint Lucia currently ranks 77th out of 183 economies in the Doing Business Report published by the World Bank. This ranking makes us 8th overall in Latin America and the Caribbean and 2nd in the Caribbean Region.
We have done consistently well from 2006 when Saint Lucia was first included in the Doing Business Report and by all accounts, we expect to continue to rank well in the coming years.
Saint Lucia's Citizenship by Investment Programme allows individuals and their families to obtain citizenship or permanent residence. Applicants must apply through licensed agents, and may not make submissions to the Government on their own behalf.
Saint Lucia’s Economic Citizenship Programme is governed by the following:
The Act provides for the establishment of the programme under which a person can apply for citizenship of Saint Lucia upon satisfaction of the requisite qualifying investment and other requirements under the Act and the Regulations. The Act established the Citizenship by Investment Board (the Board), to co-ordinate the administration and operation of the Citizenship by Investment Programme (the Programme).
The Act also established the Citizenship by Investment Unit (the Unit) to be responsible for the general administration of the Programme which includes the processing of all applications under the Programme.
The Caribbean Island of Saint Lucia, situated next to Barbados and Martinique now offers the most attractive Citizenship by Investment Program in the Caribbean.
Individuals who choose to apply for citizenship under Saint Lucia's Citizenship by Investment Programme may take advantage of the following:
In 2015, Saint Lucian citizens had visa-free or visa on arrival access to over 144 countries and territories, ranking the ordinary Saint Lucian passport 35th in the world according to the Visa Restrictions Index.
Saint Lucian citizens can enjoy access to many countries including those in the European Union, the United Kingdom, other parts of the Caribbean and South America, the Schengen States, Hong Kong, Singapore and many others.
An Applicant is defined as a person who -
Any person who is a qualifying dependant of an applicant may apply along with that applicant as a dependant applicant...
A Qualifying Dependant is defined as a person who –
Applications can only be submitted by an authorised agent and must be in the prescribed form, and must be accompanied by:-
A disqualified applicant is defined as any person who –
After considering the application, all supporting documentation and requisite reports, the Unit will recommend a suitably qualified applicant for citizenship to the Board.
The Board, after consideration of the application, will grant, deny or delay for cause, the application. The Board will notify the applicant in writing of the decision.
An applicant who is granted citizenship by investment enjoys all the rights of a citizen and is also subject to the laws of Saint Lucia.
Upon the grant of citizenship, the applicant (and dependents where applicable), will apply for a Saint Lucian Passport.
A qualifying investment under Saint Lucia's Citizenship by Investment Programme shall satisfy at least a minimum investment in one of the four approved areas. Discuss with GLI's authorized agent what best suits your needs.
Option A: Donation to the Saint Lucia National Economic Fund:
(Note: Comparison shows that Saint Lucia has the most attractive donation option in the Caribbean.)
Option B: Investment in an Approved Real Estate Project: US$300,000, which needs to be held for 5 years after the grant of citizenship
Option C: Investment in an Approved Enterprise Project
Option D: Investment by purchase of non-interest bearing Government Bonds:
US$500,000 - bonds will be repaid after 5 years
The following are the costs and fees associated with citizenship by investment in Saint Lucia:
COVID-19 Relief Bond
Minimum investment US$250,000
The creation of this special COVID-19 Relief Bond starting at US$250,000 is a non-interest-bearing government bond to which no processing fee is payable by the applicant. The bond must be registered and remain in the name of the applicant from the date of first issue.
This bond option is available for a limited time up to December 31, 2020.
An administrative fee of US $30,000 is payable by the applicant once the application for citizenship
Investment Migration Council (IMC) is the leading global association for investment-related migration. As an IMC member, GLI stays up-to-date on the latest trends and developments in this field through continuous education and training courses. We are committed to the highest professional standards and enhancing the respectability of the industry overall.