St. Lucia Citizenship by Investment Programm
St. Lucia Citizenship by Investment Program comes with benefits such as visa-free travel in about 146 countries and passing the citizenship to next generations.
St. Lucia Citizenship by Investment Program comes with benefits such as visa-free travel in about 146 countries and passing the citizenship to next generations.
The St. Lucia citizenship by investment program is a prestigious pathway for individuals seeking second citizenship with excellent global mobility. As a Caribbean gem, St. Lucia offers a streamlined process to obtain citizenship through investment, catering to families and individuals who value security, freedom, and lifestyle enhancement.
St. Lucia offers a range of advantages to its citizens, whether acquired through birth, descent, or investment. Holding a St. Lucian passport not only provides access to international travel but also comes with various economic and lifestyle benefits. Here’s a closer look at why St. Lucian citizenship is highly valued.
One of the most significant benefits of holding a St. Lucian passport is visa-free or visa-on-arrival access to over 145 countries, including the United Kingdom, the Schengen Zone (France, Germany, Italy, Spain, etc.), Hong Kong, and Singapore. This makes traveling for business, leisure, or relocation much more convenient.
For frequent travelers, this benefit eliminates the hassle of obtaining visas for many destinations, reducing travel restrictions and processing delays.
Unlike some countries that require lengthy residency periods before granting citizenship, St. Lucia does not require residency or physical presence before or after obtaining citizenship. This is particularly beneficial for global investors and business professionals who may not have the time or flexibility to relocate but still want the benefits of a second passport.
St. Lucia has an attractive tax regime, especially for individuals seeking to protect their wealth. Some of the key tax benefits include:
These tax benefits make St. Lucia an attractive destination for high-net-worth individuals looking for financial security and efficient tax planning.
St. Lucia allows dual citizenship, meaning that applicants do not need to give up their original nationality when becoming a St. Lucian citizen. This is a significant advantage, as it allows individuals to retain the benefits of their existing citizenship while also enjoying the freedoms and security of being a St. Lucian citizen.
One of the best aspects of St. Lucia’s Citizenship by Investment Program is the ability to include family members in the application. This can cover:
This benefit ensures that your family can also enjoy the perks of St. Lucian citizenship, including access to global mobility and financial advantages.
As a St. Lucian citizen, you gain access to educational institutions both locally and internationally. St. Lucia has several well-regarded schools and universities, and citizens often find it easier to access educational opportunities in other Commonwealth nations.
In addition, St. Lucia provides access to modern healthcare services, with both public and private hospitals offering high-quality medical care. Citizens also have the option to travel visa-free for medical treatment in countries with specialized healthcare services.
St. Lucia is known for its stable political environment, strong legal system, and peaceful society. As a Commonwealth nation, it follows a democratic system with laws that protect individual rights and property ownership.
Beyond politics, St. Lucia offers a high standard of living, with breathtaking beaches, a warm tropical climate, and a vibrant culture. Whether you plan to relocate or visit frequently, St. Lucia provides an attractive lifestyle for residents and citizens.
As a St. Lucian citizen, you gain access to investment-friendly business policies and Caribbean Community (CARICOM) benefits. St. Lucia offers tax incentives for investors, making it an appealing location for business ventures, tourism investments, and real estate developments.
The St. Lucia Citizenship by Investment Program offers flexible pathways for investors to secure citizenship while contributing to the country’s development. Below are the detailed options:
Begin with an initial consultation to assess eligibility and prepare all required documentation under expert guidance.
Finalize your chosen investment option, whether it’s a donation, real estate purchase, or government bond, and submit your complete citizenship application.
Authorities conduct a thorough review of your application, including due diligence checks, and issue the approval decision.
Once approved, receive your certificate of citizenship and prestigious St. Lucia passport, unlocking global mobility and other benefits.
As a St. Lucian resident, investors benefit from a favorable tax system with exemptions on specific income types and incentives for foreign investments. Our tax experts will guide you through your obligations and opportunities as a St. Lucia Citizenship by Investment Program participant.
Income Tax: Residents are taxed on worldwide income with progressive rates ranging from
10% to 30%. Non-residents are taxed only on income sourced in St. Lucia.
Corporate Tax: The standard corporate tax rate is 30%, with exemptions for specific industries and no tax on dividends or capital gains.
Real Estate Tax: Residential properties are taxed at 0.25% of their market value, and commercial properties at 0.4%.
Capital Gains Tax: There is no capital gains tax on the sale of assets, making St. Lucia attractive for investors.
VAT on Real Estate: The standard VAT rate is 12.5%, with reduced rates for tourism-related properties and services.
Inheritance and Gift Tax: St. Lucia does not impose inheritance or gift taxes, providing significant tax savings for families.
Social Security Contributions: Employees and employers each contribute 5% of gross income to the National Insurance Corporation.
Double Taxation Treaties: St. Lucia has treaties with several countries, including CARICOM members, to prevent double taxation and enhance tax efficiency for global investors.
St. Lucia permits dual citizenship, allowing foreign investors to retain their original nationality while benefiting from the advantages of St. Lucian citizenship. Through the St. Lucia Citizenship by Investment Program, investors and their families can obtain St. Lucian citizenship, providing global mobility, visa-free travel to over 148 countries, and a secure second nationality, all while maintaining their current citizenship.
Begin your journey with a one-on-one consultation with Mirabello’s expert advisors. During this step, we assess your eligibility for the program based on St. Lucia’s criteria and create a tailored roadmap.
This phase focuses on gathering and submitting the required documents to meet St. Lucia’s strict due diligence standards.
Whether you opt for a non-refundable contribution to the National Economic Fund, the purchase of government-approved real estate, the acquisition of interest-free government bonds, or an investment in an approved enterprise project, Mirabello ensures that all transactions are conducted efficiently and in full compliance with program regulations.
Once your investment is complete, Mirabello oversees the entire submission process, liaises directly with the authorities, and ensures that any additional requests for documentation are addressed promptly. This step is critical for ensuring a smooth review process by the St. Lucian authorities.
Once approved by the CIU, you will receive your Certificate of Citizenship, followed by your St. Lucia passport, granting visa-free access to over 148 destinations.
St. Lucia offers different investment options for obtaining citizenship through its Citizenship by Investment Program. The investment requirements may vary depending on the chosen pathway.
The processing time for obtaining a Saint Lucia passport through the Citizenship by Investment Program could take approximately 4 to 6 months from the submission of the complete application. Keep in mind times may vary depending on which method is chosen.
As of 2024, St. Lucia citizens had visa-free or visa-on-arrival access to over 146 countries and territories worldwide. However, please note that this number can be changed every year. Visa policies can change over time due to international relations, diplomatic agreements, and other factors.