COUNTRY PROFILE
• Capital: Castries
• Population: 180,000
• Area: 616 sq km (238 sq miles)
• Major language: English (official), French patois
• Major religion: Christianity
• Life expectancy: 72 (men) 78 (women)
• Currency: East Caribbean dollar (EC$ or XCD)
• Exchange Rate (as of Nov 2023): 1 USD = 2.70 XCD
Named after St. Lucy, a Roman Catholic Saint, the island of Saint Lucia is located in the Atlantic Ocean in the Caribbean. This volcanic island is part of the Windward Island and situated close to the islands of Martinique and St. Vincent. The island is famous for its 2 volcanic mountain caps – “The Pitons” based in a World Heritage Site. Also, it boasts the world’s only drive-in volcano.
The St. Lucia Citizenship by Investment program, also known as St. Lucia CIP, is a government approved program in existence since 2016.Amongst other Caribbean, St. Lucia is the most cosmopolitan Island with highly developed banking system. There are no capital gains or inheritance taxes in St. Lucia. You will not be taxed on worldwide income if you’re simply holding a citizenship and are not a resident in St. Lucia.
| Type of Program | Citizenship by investment |
| Type of Investment’s | 1. Contribution to the National Economic Fund (NEF) 2. Investment Real Estate 3. Participation in an Approved Enterprise Project 4. Government Bonds |
| Minimum Investment |
Contribution to the National Economic Fund (NEF) 1. Donation for Single: $100,000 2. Main Applicant + Spouse: $140,000 3. Family of 4: $150,000 Each additional qualifying dependent of any age: US$25,000 USD 200,000 to be held for 5 years Government Fee:
$3.5 Million for sole investor $600,000 per co-investors with a maximum of 6 investors Government Fee: Government Bonds $300,000 irrespective of family size I) Applicants are able to include spouse, children under 30 years of age, siblings under 18, and parents aged 55 and above. Dependents can also be added once citizenship has been granted. 2. Adding spouse post citizenship: $35,000 |
| Dual Nationality Permitted | Yes |
| Personal Visit Required | No |
| Minimum Stay | To residence or minimum stay requirements. |
| Capital Gains Taxes | None |
| Personal Income Taxes | No |
| Business & Corporate Taxes | Yes. For businesses registered and operating in St. Lucia. |
| Property Taxes | Yes. For property owned in Saint Lucia. |
| Processing Time | 4 months |
| Passport Validity | 5 years |
| Restricted Countries | Iran |
| Visa Free Travel | 129 countries |
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