St Lucia Citizenship by Investment Cost Update in 2024

Share:

Mc Claude Emmanuel, the St Lucia Citizenship by Investment Unit CEO, distributed an Official Memorandum on Saturday, July 29, 2024. It concerns a “CHANGE IN QUALIFYING INVESTMENT PRICES”. We will discuss what this means for St Lucia Citizenship by Investment cost below.

New St Lucia Citizenship by Investment Cost Thresholds Overview

The memo sets up fresh minimum investment stipulations for the St Lucia Citizenship by Investment Programme. Regarding the National Economic Fund (NEF) donation route, you can now apply with a maximum of 3 qualifying dependants for a minimum $240,000. There are also the following supplementary expenses to consider:

• $10,000 to add eligible dependents under 18
• $20,000 to include qualifying dependants aged 18 and above

In addition, you must now invest no less than $300,000 to apply for St Lucia citizenship through an approved real estate project. There are administration fees to add to this total. Yet you can add any amount of dependants who satisfy the specified conditions.

Lastly, the investment in an approved enterprise project option increases to at least $250,000. Administration fees have to be factored in too. There is, yet again, the benefit of including an unspecified number of qualifying dependants to your application.

The RIF Trust Conclusion

Our Caribbean Citizenship by Investment specialist is Leila Bagheri. She says that St Lucia Citizenship by Investment along with Caribbean CBI in general remains an exceptional Plan B. As Bagheri elaborates, “Instead of looking at what’s different, let’s focus on what has stayed the same.”

“You can still apply from anywhere in the world, there are no language tests to take, and you don’t have to fulfill any physical residence requirements.”

How to Secure St Lucia Citizenship by Investment in 2024

St Lucia Citizenship by Investment is more expensive now. But it’s a passport to a world of benefits as you’ll find out by consulting a leading investment migration firm such as RIF Trust. So, contact us now to discover how we can help you.