Changes to the St Lucia Citizenship Programme

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Additional amendments and enhancements have been made to the St Lucia Citizenship-by-Investment Programme. This is in line with ensuring the St Lucia CIP remains competitive within the Caribbean region.

COVID-19 Relief Bond Option

St Lucia announced a COVID-19 Relief Bond option that is available until December 31, 2020. This qualifying option requires the purchase of non-interest bearing bonds at a value of US$250,000 for a family for up to four.

• As a single applicant, you are required to hold the bonds for five years
• As a married couple, you are required to hold the bonds for six years
• As a family of four, you are required to hold the bonds for seven years. This can be reduced to five years if you purchase US$300,000 in bonds.

There is also a non-refundable administrative fee of US$30,000. Regular due diligence and passport fees also apply.

New Family Pricing

While the St Lucia Citizenship Programme had always been the most cost-effective for a single applicant, it was a higher-priced option for families compared to many of the other Caribbean citizenship offerings.

• For a family of two, the contribution drops from US$165,000 down to US$140,000 resulting in a saving of US$25,000
• For a family of four, the savings are even greater with a reduction from US$190,000 to US$150,000

This revised pricing aligns more closely to Antigua and Barbuda’s CIP which is the most cost-effective for families.

If you want to learn more about the St Lucia Citizenship-by-Investment Programme and obtaining a second passport for you and your family, don’t delay and contact us today.