St Lucia Citizenship
St Lucia Citizenship
St Lucia is a tropical island country that lies on the eastern side of the Caribbean Sea. It forms part of the Lesser Antilles and is the second largest of the Windward group. It is south of Martinique and north of the islands of Grenadines and St Vincent.
The island is home to Marigot Bay, one of the most picturesque places in the Caribbean. Marigot Bay is an award-winning five-star resort which offers fine dining, spa treatments, and luxurious suites. The marina in Marigot Bay accommodates some of the biggest superyachts in the world.
About St. Lucia
Population
St Lucia has a population of just over 181,000 over an area of 617 km2. The island’s population density is 300 people per square kilometre.
Currency
Like all of the Organisation of Eastern Caribbean States (OECS), St Lucia’s currency is the Eastern Caribbean Dollar (XCD). The island’s current is set at a fixed rate to the USD = 2.7 XCD.
Capital City
Castries is the capital and largest city of St. Lucia. Castries is home to 32.4% of the population.
Languages
The official language spoken in St Lucia is English. A large amount of the population also speak a dialect of French called Saint Lucian Creole French or more locally known as Patwa.
Climate
St Lucia has a tropical climate, meaning it is hot throughout the year. The daily average temperatures range from 24 degrees Celsius (74 °F) to 30 °C (86 °F).
GDP
St Lucia’s GDP represents less than 0.01% of the world economy, with a value of $1.88 billion projected for 2020.
Benefits of Citizenship in St Lucia?
What does St Lucia Citizenship Offer You?
Visa-free travel
A St Lucia citizenship provides visa-free travel to 144 countries. This includes the UK, all of Europe, Hong Kong, and Singapore.
No travel requirements
There is no need to travel there. The whole application process can be done remotely.
Tax
St Lucia has a favourable tax regime. By investing and obtaining the country’s citizenship status, you benefit from no capital gains, capital acquisitions tax, inheritance tax, and net worth tax.
Government
St Lucia is an economically, legally and socially stable country. The country is part of the Commonwealth realm, with a democracy based on the British Parliamentary system.
Cost-effective
The country’s investment program is one of the more cost-efficient programs in the world.
Citizenship Inheritance
St Lucia citizenship is permanent and can be passed down for generations.
How to Obtain a St Lucia Citizenship
Invest In Property
Invest $300,000 in government-approved real estate projects. Be aware that by choosing this option, non- refundable government fees apply that increase depending on the number of applicants
Invest In The National Economic Fund (NEF)
The most cost-efficient way of gaining citizenship in St Lucia is to invest $100,000 in the NEF. This is the cost for a single applicant. The cost increases as you add others to your application. For example, a family of four costs $190,000
Government Bonds
Invest $500,000 in government bonds as the principal applicant. It costs an additional $25,000 for each person you add to your application.