St Lucia
GCI - Global Citizenship InvestmentCITIZENSHIP PROGRAM ST LUCIA
The Government of St Lucia has 2016 designed a transparent and structured program to ensure that issues of credibility and integrity are well-protected. The program grants citizenship on the basis of various forms of investment. A qualifying investment must satisfy the minimum investment level in the St Lucia National Economic Fund, an approved real estate project, an approved enterprise project or the purchase of government bonds. To apply for the Citizenship Program St Lucia the applicant has to make a significant economic contribution to the country. We will guide you through the whole submitting process for the Citizenship Program St Lucia.
St Lucia is an eastern Caribbean naticon located on the south east coast of North America. 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. St Lucia has been able to attract foreign business and investment, especially in its offshore banking and tourism industries, which is St Lucia's main source of revenue. Tourism is vital to St Lucia's economy. Tourism tends to be more substantial during the dry season (January to April). St Lucia tends to be popular due to its tropical weather and scenery and its numerous beaches and resorts. Other tourist attractions include a drive-in volcano, Sulphur Springs (in Soufrière), the Botanical Gardens, the Majestic twin Peaks "The Pitons", a world heritage site, the rain forests, and Pigeon Island National Park, which is home to Fort Rodney, an old British military base.
ST LUCIA CITIZENSHIP BY INVESTMENT OPTIONS
There are four types of investment that qualify an individual for citizenship under the St Lucia Citizenship by Investment Programme: a donation to the National Economic Fund (NEF), the purchase of pre-approved real estate, an investment in a pre-approved enterprise project or an investment in non-interest bearing Government bonds.
Minimum Investment
$ 100,000 / 190,000
Real Estate Investment
$ 300,000
Process Time
2-3 MONTHS
HOW TO APPLY FOR CITIZENSHIP IN ST LUCIA?
To apply for Citizenship Program St Lucia applicants must be at least 18 years of age, be of a good character with no criminal record, and have good health. An applicant may apply together with his or her spouse and dependent children and other qualified dependants.
The process of applying for citizenship in St Lucia is rigorous and requires diligent preparation in order to gather all the information needed. Application timelines can vary and be difficult to predict, although they usually depend on how easily an applicant can access the required documentation, as well as the complexity of the application as a whole.
PROCEDURE PROCESS
The steps are mainly simple, particularly after signing service agreement, we will proceed as follows:
Step A
- We will start pre-screening procedure to determine your eligibility.
Step B
- Once pre-screening is done, you will have assigned a Client Service Manager who will guide you through selecting process for the most appropriate and in your benefit investment option.
Step C
- The designated Client Service Manager will collect all needed documents and submit the application to the Government.
Step D
- Once your application is approved, you will have to submit the payment for all fees and amounts.
After all the above steps, we will collect the Citizenship Certificate and passport and deliver it to you in the most secure way.
The process may be simplified into the following steps:
- Application preparation and pre-approval by GCI - Global Citizenship Investment
- Submission of the application to the Government of St Lucia
- Government processing of the application and due diligence checks, taking between 4 and 6 months for completion.
- Approval in principle.
- Investment in a business, purchase of real estate, or donation to the EDF.
- Citizenship certificate issued.
- Passport application and issuance.
The documentation that you require is as follows:
- Guidelines for Application
- Document Checklist SL1
- Use of Authorised Agent Form SL2
- Statement of Alternative Citizenship SL3
- Investment Confirmation Form SL4
- Citizenship by Investment Application Form SL5
- Photograph and Signature Certificate SL6
- Photograph Guidelines
- Affidavit of Support SL7
- Medical Certification Form SL8
- St Lucia Passport Application Form
- National Insurance Corporation Application for Registration (under 65)
- National Insurance Corporation Application for Registration (65 years and over)
- Source of Funds Document
Furthermore our consultants will guide you through the whole submitting process for the Citizenship Program St Lucia.
WHAT COSTS ARE EXPECTED?
1. The National Economic Fund (NEF):
Applicants for the St Lucia Citizenship by Investment Program must make a non-refundable donation to the NEF. The National Economic Fund (NEF) is a special fund established for the sole purpose of receiving qualifying investments of cash for funding government sponsored projects.
Schedule of Fees for single applicant:
- 100,000 USD = Contribution
- 2,000 USD = Government Fees
- 7,500 USD = Due Diligence
- + Application Fee
Schedule of Fees for single applicant plus spouse:
- 165,000 USD = Contribution
- 2,000 USD + 1,000 USD for spouse = Government Fees
- 7,500 USD + 5,000 USD for spouse = Due Diligence
- + Application Fee
Schedule of Fees for main applicant + spouse and up to 2 dependants:
- 190,000 USD = Contribution
- + 25,000 USD for each additional dependant, of any age
- 2,000 USD + 1,000 USD per additional dependant = Government Fees
- 7,500 USD + 5,000 USD per additional dependant over 16 years of age = Due Diligence
- + Application Fee
2. Real Estate Investment:
The applicant is required to execute a binding purchase and sales agreement for an investment in an approved real estate project and must be kept for a minimum of 5 years.
Schedule of Fees for single applicant:
- 300,000 USD = min. Investment
- 52,000 USD = Government Fees
- 7,500 USD = Due Diligence
- + Application Fee
Schedule of Fees for single applicant plus spouse:
- 300,000 USD = min. Investment
- 52,000 USD + 36,000 USD for spouse = Government Fees
- 7,500 USD + 5,000 USD for spouse = Due Diligence
- + Application Fee
Schedule of Fees for main applicant + spouse and up to 2 dependants:
- 300,000 USD = min. Investment
- 52,000 USD + 36,000 USD per additional dependant aged 18 and over + 26,000 USD per additional dependant under 18 years of age = Government Fees
- 7,500 USD + 5,000 USD per additional dependant over 16 years of age = Due Diligence
- + Application Fee
3. Pre-Approved Enterprise Project:
Approved enterprise projects fall into seven broad categories: Specialty Restaurants, Cruise ports and marinas, Agro-processing plants, Pharmaceutical products, Ports, bridges, roads and highways, Research institutions and facilities and Offshore universities.
Application Fees: Further minor fees such as Official Government Citizenship Application Form, Citizenship Certificate and expedite passport fees are additional and subject to change, therefore prior verification with our company TCME Group Worldwide representative is required.
Schedule of Fees for single applicant:
- 3,500,000 USD = min. Investment
- 52,000 USD = Government Fees
- 7,500 USD = Due Diligence
- + Application Fee
Schedule of Fees for more than one applicant (Joint Venture):
- 6,000,000 USD (each applicant a minimum of 1,000,000 USD) = min. Investment
- 52,000 USD + 36,000 USD per additional dependant aged 18 and over + 26,000 USD per additional dependant under 18 years of age = Government Fees
- 7,500 USD + 5,000 USD per additional dependant over 16 years of age = Due Diligence
- + Application Fee
4. An investment in non-interest bearing Government bonds:
Citizenship by investment may be made through the purchase of non-interest-bearing Government bonds. These bonds must be registered and remain in the name of the applicant for a five year holding period from the date of first issue and not attract a rate of interest.
WHY BECOME A CITIZEN OF ST LUCIA?
We suggest the Citizenship Program St Lucia will offer our customers a lot of benefits.
- Citizenship for life, with the right to live and work in the country
- The time frame of processing application is within 2-3 months
- Visa-free travel to 146 countries and territories, including the Schengen Area (EU), the United Kingdom, Hong Kong, and Singapore
- No interview and no mandatory travel is required during application process
- Tax free on worldwide income
- Dual citizenship is permitted
- No restriction on the repatriation of profits and imported capital
- Life in an economically, legally, and socially stable country that belongs to the Commonwealth of Nations, and whose political system is based on the British parliamentary system
- Life in a tropical paradise, with appealing lifestyle and retirement options
- Low residency requirement
- No minimum level of English requirement
- No previous education or management experience requirement
St Lucia offers its citizens social and political security, reinforced by its membership in the United Nations and the Commonwealth of Nations. St Lucia’s local community is culturally vibrant, vivacious, and extremely friendly. St Lucia has a long history, and locals are proud of their national heritage, which they celebrate throughout the year. Finally, St Lucia is the perfect setting for both adventure and relaxation: its wildlife attractions, marine life, and national parks make it an exciting place to explore, while its super-yacht marina and pastel towns make it ideal for strolling and unwinding.
ST. LUCIA PASSPORT
As of 1 January 2017, Saint Lucian citizens had visa-free or visa on arrival access to 146 countries and territories, ranking the Saint Lucian passport 31st in terms of travel freedom (tied with Macao, Panamanian and Saint Vincent and the Grenadines passports) according to the Henley visa restrictions index. St Lucia signed a mutual visa waiver agreement with Schengen Area countries on 28 May 2015.
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