ST.LUCIA OVERVIEW

Saint Lucia is a sovereign island country in the West Indies in the eastern Caribbean Sea on the boundary with the Atlantic Ocean. The island was previously called Iyonola, the name given to the island by the native Arawaks and later, Hewanorra, the name given by the native Caribs, two separate Amerindian peoples. 

Part of the Lesser Antilles, it is located north/northeast of the island of Saint Vincent, northwest of Barbados and south of Martinique.

  • Capital: Castries
  • Largest city: Castries
  • Area: 617 km2
  • Population (2015): 184,999 people
  • Population density: 300 people/ km2
  • Climate: tropical with 2 seasons (rainy season - dry season)
  • Currency: East Caribbean Dollar
  • The tropical climate, the average temperature on the island ranges between 24°C and 27°C
  • The United Nations categorizes Saint Lucia as a Small Island Developing State, a designation similar to a developing country with a few substantial differences due to Saint Lucia’s island nature. The services sector accounted for 82.8% of GDP, followed by industry and agriculture at 14.2% and 2.9%, respectively.
  • An educated workforce and improvements in roads, communications, water supply, sewerage, and port facilities have attracted foreign investment in tourism and in petroleum storage and transshipment. However, with the US, Canada, and Europe in recession, tourism declined by double digits in early 2009. The recent change in the European Union import preference regime and the increased competition from Latin American bananas have made economic diversification increasingly important in Saint Lucia.

SAINT LUCIA CITIZENSHIP BY INVESTMENT PROGRAM

The Saint Lucia Citizenship by Investment Program was launched in 2015, enabling foreign investors and families to acquire a second passport in just 3–4 months with visa-free access to over 132 countries worldwide. 

WHY CHOOSE SAINT LUCIA?

  • Fast visa processing under three months.
  • Most affordable citizenship program, starting from $ 100,000.
  • Visa-free travel to 145 countries, including Hong Kong, Singapore, the UK, and Europe’s Schengen Area.
  • Get second citizenship for a family of 3 generations.
  • No tax on worldwide income.
  • No physical residency requirements.

INVESTMENT OPTIONS

National Economic Fund Investment

  • Sole applicant:  US$100,000
  • Applicant with spouse:  US$140,000
  • Applicant with spouse and up to two other qualifying dependents:  US$150,000
  • Each additional qualifying dependent, of any age:  US$25,000
  • Each qualifying dependent in addition to a family of four (family includes a spouse): US$15,000
  • Add-on of qualifying dependents of a citizen
  • Newborn child of a citizen (child of 12 months of age & below): US$500
  • Spouse of a citizen: US$35,000
  • Qualifying dependent of a citizen other than a spouse: US$25,000

Real Estate Investment

  • The Citizenship Investment Programme is an option for investors in approved real estate projects under the following categories:
    ✔️high-end branded hotels and resorts.
    ✔️high-end boutique properties.
    ✔️any other project that the Minister, on recommendation of the Saint Lucia Citizenship by Investment Board and after consultation with Cabinet, considers necessary.
  • Minimum investment: US$300,000

Enterprise Investment

  • Option 1 – Sole applicant
    ✔️Minimum investment US$3,500,000
  • Option 2 – More than one applicant (joint venture)
    ✔️Minimum investment US$6,000,000
    ✔️Each applicant must contribute at least US$1,000,000

Government Bond Investment

  • Sole applicant:  US$500,000
  • Applicant with spouse:  US$535,000
  • Applicant with spouse and up to two other qualifying dependents:  US$550,000
  • Each additional qualifying dependent, of any age:  US$25,000
  • An additional, non-refundable administration fee of US$50,000 will apply.

Why choose JA & Partners ?

JA & Partners was founded by a more-than-10-year-experience team in immigration industry. We have experienced handling difficult applications especially documents requiring financial proofing, such as the US, Australia, Canada, Europe, the Caribbean program . Our partners are global leading law firms with 100% approval, as well as 40-year-experience reputable real estate investment corporations.

Our professional and dedicated relationship management team will ensure all your requirements, support, and follow up during the application process and even when investors migrate to countries.

CONTACT

Please fill out all information, JA & Partners will contact you to advise as soon as possible.