Saint Lucia Citizenship By Investment Newest Program 2018
Saint Lucia is one of the latest countries to adopt the citizenship by investment programs after setting up a committee to review the policy. The Saint Lucia wants its citizenship by investment program to be different from what every other country offers. The Saint Lucia citizenship by investment program promises to offer individuals identity instead of citizenship.
Qualifications Required for Saint Lucia Citizenship by Investment:
To qualify for Saint Lucia Second Passport, applicants must fulfill one of the Saint Lucia investment options below in addition to meeting the following criteria:
- Be of outstanding character.
- Hold no criminal record.
- Have excellent health.
- Have a high personal net worth.
- Reside with the family members who are included in the application in the country for a minimum of 35 days within a period of five years
Cheapest Citizenship by Investment Options
The Saint Lucia currently offers a citizenship by investment program to individuals through the following concepts:
1. National Economic Fund
Saint Lucia. The funds contributed are used for various government projects. To make a contribution to the National Economic Fund, an individual should be ready to pay the sum of $100,000.
For couples who wish to become citizens, all they need do is to make a contribution of $165,000 while a family of 4 makes a contribution of $190,000. For any additional dependent, a fee of $25,000 is charged. This makes Saint Lucia citizenship by investment program, one of the cheapest in the world
2. Real Estate Investment
The Second concept is by making an investment in real estate sector. All you have to do to become part of the Saint Lucia family is to make an investment in the real estate sector, the investment must have been approved and the investment should be up to at least $300,000.
3. Pre-approved Enterprise Project
Another way through which one can become a citizen of Saint Lucia is through investment in a pre-approved enterprise project. The project should create at least 3 permanent jobs for citizens of Saint Lucia. The enterprise investment should worth nothing less than $3,500,000 for single investment and $6,000,000 for joint investment.
Saint Lucia is a Caribbean, island located between the Caribbean Sea and the North Atlantic Ocean.
- English (official) & French patois