fbpx

Saint Lucia

Citizenship By Donation or Investment

Visa free countries

125 See Countries

Population

164,000

Currency

East Caribbean dollars (XCD), tied to USD

Time Zone

UTC-4

The St Lucia Citizenship by Investment Program is the most recent family-friendly legal second citizenship program to be launched in the Caribbean region.

With stunning mountain scenery, redolent colonial architecture and white sandy beaches, Dominica is arguably the Caribbean’s most beautiful island country. Officially termed as the “Commonwealth of Dominica,” the country offers one of the oldest and most prestigious economic citizenship programs in the Caribbean. The country has a mixed economic system that is dependent mainly on agriculture and the financial service sector. A unitary parliamentary democracy governs Dominica within the president acting as the head of the state. The country is also a member of several international organizations including CARICOM, OECS, and Commonwealth of Nations. Having been a former French and British colony, English is the official language within the country.

St Lucia

An investor can pursue two different investment routes to acquire citizenship by investment from Dominica legally.

EDF = The Economic Diversification Fund was set up by the Government of Dominica to strengthen its local economy by putting added focus on the education, agriculture, and industrial sectors. For a single applicant, he/she is required to make a non-refundable donation of USD 100,000 to the EDF. The required contribution will increase based on the number of depends that the investor hopes to bring with him.

Real Estate = Under the real estate option, an investor must purchase a government-approved real estate property within the country having a value of USD 220,000. In addition to the investment, applicants are also required to pay government fees based on the number of dependents. The investor must keep the property in his/her possession for five years after which it can re-sold.

St Lucia

To acquire citizenship from the commonwealth of Dominica, applicants are not required to speak its official language or study its culture and history. Listed are some of the other significant benefits that come with a Dominican passport:

    • Applicants are not required to reside in the country during the application process.
    • Enjoy visa-free entry to 123 countries.
    • Dominica does not levy any tax on global income of its non-residents.
    • No nationalities are restricted from applying to the program.
    • CBIU offers numerous family-friendly real investment packages that applicants can choose from.
    • The country permits dual citizenship.
    • Dominica passport enables its holder to enjoy life in their own country of residence.

Legal Basis

The St Lucia Citizenship By Investment Program became operational in January 2016 and is regulated by the Citizenship by Investment Act No 14 passed in 2015, and subsequent amendments. This Constitutional Act gives the Government of St Lucia the right to legally grant citizenship to individuals with no former ties to the country on the basis of an investment, and grants these citizens the right to hold a St Lucia passport.s.

General Requirements to Obtain a Commonwealth of Dominica Passport

Applicants to the St Lucia Citizenship by Investment Program can pursue four investment routes. Individuals can make a non-refundable contribution to the National Economic Fund – with the contribution determined by the number of dependents, or invest in an approved Real Estate project. The real estate must be held for at least five years after obtaining legal citizenship. Applicants can also invest in Government Bonds or in an approved Enterprise Project.

    • 3-6 months to complete St Lucia citizenship by investment application and obtain a St Lucia passport.
    • No need to visit or reside in the country to apply.
    • The St Lucia passport offers visa-free or visa on arrival access to 125 countries including key business hubs such as the UK, Schengen Zone Hong Kong and Singapore.
    • Spouse, dependent children up to 25 years and parents above 65 years can be included within the same application.
    • Member of the Commonwealth of Nations and United Nations.
    • English-speaking population and a legal system based on English Common Law.
    • No tax on global income for non-residents.
    • The Eastern Caribbean Dollar is a stable currency that has been pegged to the US dollar since 1976.
    • The most competitive program in the Caribbean via the Government Donation option for a single applicant and a family of 4.
    • Dual citizenship allowed.
    • The St Lucia passport allows you freedom to enjoy your life in your current country of residence.

Timeline

In an ideal scenario, one can get citizenship and passport from Dominica through their investment program in approximately 3-6 months. For details on advisory fees or to receive a personalized quote based on the number and ages of the dependents, contact our team today!

Month 01

    • Applicants are required to undergo a prequalification check.
    • All the necessary documents are prepared.
    • Payment of due diligence and associated fees or reserving the selected property investment within the country.

Month 02-03

    • The citizenship application is submitted to the CBIU for approval.
    • The concerned authority conducts due diligence checks through a trusted third-party service provider.
    • Citizenship is granted to the applicant.

Month 04-05

    • The necessary donation or investment is to be made to the Government of Dominica or the real estate developer, respectively.
    • Citizenship certificate and Dominica Passport is provided to the applicant.

Month 06

    • All the remaining fees are to be made after the delivery of the passport.

Dominica Investment Options

Contribution to National Economic Fund*

Single Applicant

$110 130

Family of 4 (Main applicant + Spouse + 2 Children under 12 yrs)

$210,020

Real Estate Investment*

Single Applicant

$360 130

Family of 4 (Main applicant + Spouse + 2 Children under 12 yrs)

$455 020

Program related

Please complete your details & our Advisors will contact you shortly