The Cost of becoming a Citizen of Saint Lucia

How much does it cost to become a citizen of Saint Lucia?

There are four different options for obtaining Saint Lucia citizenship based on an investment:

Non-refundable donation to the National Economic Fund (NEF) of Saint Lucia

This non-refundable donation is the cheapest way to obtain Saint Lucia Citizenship. The minimum investment depends on how many family members want to apply for citizenship:

• Single Applicant: $100,000
• Applicant & Husband: $140,000
• Family of four: $150,000
• Additional Dependent Relatives: $25,000

Investing in a government-approved real estate project

Investing in a government-approved real estate project is a further opportunity to receive Saint Lucia citizenship. The advantage of this option is the virtually guaranteed return on investment, which usually takes place in resort hotels and holiday villages with high rental yields. The minimum investment in an approved real estate project is $300,000 regardless of the number of family members included in the application.

Investing in government bonds

A further opportunity to receive citizenship of Saint Lucia is the investment in government bonds. The main applicant then invests 5 years or more in interest-free government bonds. These will remain in the name of the main applicant, and the invested amount will be refunded after the agreed retention period. The minimum investments in government bonds are as follows:

• $250,000 - Lead Applicant Only (5 Year Hold Period)
• $250,000 - Lead Applicant and One Dependent (6-year holding period)
• $250,000 - Main applicant and up to four dependents (7 years period)
• $300,000 - Main applicant and up to four dependents (5 year holding period)
• $15,000 - Each Additional Dependent

Investment in business projects

Under this option, the lead applicant makes an investment in an approved business project and thus receives citizenship of Saint Lucia. There are two routes under this option:

(a) Investment by one person in an approved project plus the creation of a minimum of 3 permanent jobs; or

(b) Joint investment of several persons in an approved project plus the creation of a minimum of 6 permanent jobs

The minimum investment amounts for these two options are as follows:

• $3.5 million - Investment for one person in an approved project; or
• $6.0 million - Two or more individuals make a joint investment in an approved project provided each individual invests a minimum of $1 million.

Additional costs for obtaining citizenship of Saint Lucia

In addition to the actual investment, obtaining Saint Lucia citizenship also entails some additional administrative costs:

Due Diligence Fees

• $7,500 - Main Applicant
• $5,000 - Husband
• $5,000 - dependents over 16 years old

Administration costs for the government

• $50,000 - Lead Applicant
• $35,000 - Husband
• $35,000 - Dependent on age 18 and older
• $25,000 - Dependents under 18

If you invest in a non-refundable donation to the NEF, no administration costs will be charged by the government. When investing in government bonds, the administration fee is $30,000 per application.

Government processing costs

• $2,000 - Lead Applicant
• $1,000 - Husband
• $1,000 - Dependents

If you invest in government bonds, the processing costs are not charged.

Other costs

• agency fees
• Passport fees

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