Saint Lucia has announced beneficial changes to the Citizenship by Investment Program:
The new COVID-19 Relief Bond allows applicants to invest in a Government bond for USD $250,000 (expiry dates vary by family size, from 5-7 years). This is a 50% reduction in the regular bond investment level, with a discounted administration fee as well (now USD $30,000). Bonds are non-interest bearing, and principal is repaid to the applicant at the end of the investment period. This bond is available until December 2020.
The National Development Fund investment levels have been decreased, and are now USD $100,000 for a single applicant, $140,000 for principal + spouse, and $150,000 for a principal + spouse + 2 dependents
The investment level for newborn babies, of citizens under the National Development Fund, has been reduced from $25,000 to $500.
Citizens of Saint Lucia may travel visa-free to the European Union, Hong Kong and the U.K. Government processing times are approximately 4 months, and the program offers both cash and real estate investment options.
For more details, please download our company brochure under the St. Lucia Citizenship Program page.