Report: Saint Lucia Citizenship by Investment Programme, 2023
Launched in January 2016, Saint Lucia’s CBI Programme is one of the most versatile among the other Caribbean CBI nations. The Programme offers four distinct pathways to obtain economic citizenship, beginning with a minimal investment of US$100,000 to the Saint Lucia National Economic Fund (NEF).
Saint Lucia’s Citizenship by Investment Program ranked 4th in the Citizenship By Investment Index, 2023, by the CEOWORLD magazine.
The Citizenship by Investment Unit of Saint Lucia is responsible for processing applications, and the process of receiving approval typically takes around three months from the time of submission. Applicants do not have to be proficient in English, demonstrate any business capabilities or have an educational background. There is no need for the applicant to visit or live in Saint Lucia during the vetting phase. The Saint Lucia CBI Programme does not limit dual citizenship. A mandatory interview with the main applicant is obligatory.
- Three investment options
- Minimum investment amount: US$100,000
- Application processing time: 90 days
Saint Lucia’s CBI Programme offers four investment options.
- THE NATIONAL ECONOMIC FUND (NEF): Minimum US$100,000 contribution to the Government’s NEF.
- REAL ESTATE INVESTMENT: Minimum US$200,000 investment in an approved real estate project, to be held for five years.
- THE NATIONAL ACTION GOVERNMENT BONDS (NAB): US$300,000 investment in NAB, a type of non-interest bearing bonds, to be held for five years.
- ENTERPRISE PROJECT: Applicants can obtain citizenship by making an investment, either independent or joint, in an approved enterprise project. Independent investment must be valued at US$3.5 million and create at least three permanent jobs. For joint investments, each investor must contribute at least US$1 million, resulting in a joint investment worth US$6 million in total.
Saint Lucia citizenship provides a great opportunity for people who desire to invest in a nation that ensures economic stability and a quality of life that is second to none.
Have you read?
Most Influential Female CEOs In The Telecom Industry, 2023.
The 50 Richest People in the Philippines, 2023 List.
These Are the most overpaid CEOs among S&P 500 companies, 2023.
Biggest banks in the world, as measured by total assets, 2023.
The World’s Richest Self-Made Women, 2023.
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz