St Lucia Citizenship by Investment program which is scheduled to commence on January 1 2016 is not new to the Caribbean as St Kitts & Nevis did set precedence in 1984, with other countries like Dominica, Antigua and now St Lucia following. Saint Lucia has now passed the Citizenship by Investment Act No.14 of 2015 which will entitle persons to dual citizenship if they meet the qualifying investments set by the government of St Lucia through its entity Invest St. Lucia.
There are four qualifying options through the St Lucia citizenship by Investment program that will allow successful applicants to legally become citizens of St Lucia in the Caribbean and own a St Lucian passport.
St Lucia Citizenship by Investment Options
1. Investment in the Saint Lucia National Economic Fund
2. Investment in an approved real estate project
3. Investment in an approved enterprise project
4. Investment by purchase of non interest bearing Government bonds
Persons wishing to apply for this program must go through a government “Authorized Agent” or promoter. Any person over the age of 18 who meets the set qualifying criteria, together with his/her dependents can apply to be citizen of Saint Lucia. The applicant must provide a sworn affidavit and supporting documents declaring their financial resources of at least US$3,000,000.00.
For more information see St Lucia Economic Citizenship Program Requirements