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.