Immigration Investors Programs – Shop for your new passport today.

Posted by Hudson Mckenzie
6
Dec 24, 2018
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With large numbers of people are willing to move countries for opportunity and constancy, anti-immigration policies and tautened borders are instigating a surge in ‘citizenship for sale’. Investment citizenship programs are not new. They’ve been used since decades, principally as a way for countries to augment their incomes. Canada and the Caribbean island of St Kitts and Nevis began theirs in the 1980s and the US and UK began the same during the 1990s.

The details of different investment citizenship programmes differ from country to country. They permit foreigners to make investment in real-estate projects and businesses, purchase property, or to donate money right away to a country’s government in exchange for a visa or passport. St. Lucia is no exception and there is a fully developed Immigration Investors Program in St. Lucia that provides an opportunity to foreign investors to invest and get the passport of the country.

The Investment Investors Programme in Saint Lucia was inaugurated by the Government to invite foreign investments and boost economic growth and development.

To become qualified to apply for a Saint Lucia passport, foreign investors must do a qualifying contribution into the National Economic Fund, invest in a certified real estate or enterprise project, or buy Government bonds.

Other than the suitable investments, all applicants aged 16 and over must face due diligence inspections which are subcontracted by the Government to chosen service providers with necessary qualification and experience.

Benefits of obtaining citizenship by investment investors programme in St. Lucia

·         Quick turnaround processing times.

·         Visa-free travel to over 120 countries including Schengen region, UK and Hong Kong.

·         St Lucia citizenship for the whole family including dependent children aged 25 and under, and parents over 65.

·         Dual citizenship is documented.

·         Minimum investment $100,000.

·         Investment recoverable after 5 years.

·         No residency or visitation clauses.

·         No interview or language need.

·         Limited taxation: no wealth, gift, foreign income or capital gains tax.

·         Full confidentiality.

Investment Options

Investment in real estate project

To eligible for St Lucia citizenship under this clause, the primary applicant is obliged to invest a minimum of $300,000 in a real estate project certified from time to time by the Minister, regardless of the number of dependants, along with a payment of applicable taxes, government and other fees.

Contribution to the National Economic Fund

Applicants may succeed for St Lucia passport through a one-time non-refundable contribution of a minimum amount of $100,000 to the National Economic Fund (NEF) along with applicable fees (for a single applicant).

Investment in enterprise project

To be eligible for St Lucia citizenship under this option, one applicant is required to invest at least $3,500,000 in an enterprise project permitted from time to time by the Minister and develop at least 3 permanent jobs.

More than a single applicant can also choose to make a joint investment of at least $6,000,000, with each applicant investing more than $1,000,000, and at least 6 permanent jobs must be generated. Extra processing and admin fees apply.

Purchase of Government bonds

To be eligible for St Lucia citizenship under this option, the primary applicant applying single-handedly is required to invest a minimum of $500,000 in non-interest-bearing Government bonds and record them in their name. The bonds must stay in the possession of the applicant for a minimum of 5 years. 

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