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Saint Lucia

Golden Visa Program

Saint Lucia is the newest and arguably the best-positioned citizenship by investment program in the Caribbean. Vibrant, discerning and alluring, Saint Lucia offers all the tropical benefits of the region while being exclusive, authentic and engaging.

WHY CHOOSE SAINT LUCIA?

Saint Lucia has inherited decades of experience from its Caribbean neighbors. By hand-picking only the best practices, the Citizenship by Investment Board is committed to making the program the most efficient for investors while providing unmatched benefits for the country and its people.

Saint Lucia recognizes dual citizenship, which can prove advantageous for business expansion and tax relief.

Other benefits including the following:

  • Fast processing within 3 months;
  • Inclusion of dependent children under 30;
  • Inclusion of dependent parents over 55 who are fully supported by the main applicant;
  • Inclusion of mentally or physically challenged dependent children and/or parents;
  • An unmarried sister or brother of the main applicant who is below eighteen years of age and who has received the consent of his or her parent or guardian to make an application for citizenship by investment;
  • No physical residency requirements;
  • No requirement to travel to Saint Lucia during the application process;
  • No education or managerial experience required;
  • Visa-free travel to more than 130 countries, including Europe's Schengen zone, the UK and Hong Kong;
  • No tax on worldwide income.

BENEFITS

  • Fast and straightforward procedure where applications are processed within 3-4 months;
  • Residency cards are renewed every 5 years for the lifetime of the main applicant and their parents, provided they keep a house of minimum sales value as per the investment thresholds;
  • Applicants are issued with a 1-year long multiple entry residence visa for Greece upon application, which is canceled upon issuance of their residency cards;
  • No VAT is payable on property purchases until the end of 2023;
  • Right and no obligation for residing in the country;
  • Children up to 21 years old and parents of the spouses can participate in the Program;
  • Holders of the residence permit have access to public education (schools, universities) at the same terms as these for Greek nationals;
  • Visa-free access to 172 countries, including Schengen countries;
  • Right to enter and reside in Greece even in case of closed borders;
  • Greece has been ranked as the world’s number one country for retirement.

QUALIFICATIONS

Saint Lucia’s Citizenship by Investment Program was established in 2015 under the regulations of the Citizenship by Investment Bill 2015, making it the most recent addition to the citizenship by investment programs in the Caribbean region.

To qualify for citizenship in Saint Lucia, applicants must fulfill one of the investment options in addition to meeting the following criteria:

  • Be of outstanding character;
  • Hold no criminal record;
  • Have excellent health.
  • Applicants 16 years and older must be interviewed as part of the due diligence process.
  • Be at least 18 years old;
  • Possess a valid passport;
  • Enter Greece legally;
  • Complete in full the purchase of the property.

The following family members qualify as dependents of the main applicant:

  • Spouse;
  • Children up to 21 years old;
  • Parents of the main applicant;
  • Parents of the spouse.

INVESTMENT OPTIONS

National Action Bond

Upon approval, applicants with any number of dependents may invest US$300,000 in non-interest- bearing government bonds. The bond must be held for a minimum period of 5 years, and a non-refundable government administrative fee of US$50,000 per application is payable once citizenship has been granted.

National Economic Fund Contribution

High net worth individuals may choose to make a monetary contribution to the NEF organization via one of the prescribed contribution options:

  • US$100,000: Single applicant;
  • US$140,000: Main applicant with spouse;
  • most recent addition to the citizenship by investment programs in the Caribbean;
  • US$15,000: Per additional dependent.
  • Invest in a housing unit having a minimum price of €250,000. This threshold is raised to €500,000 as on August 1, 2023 for the areas of Central, Southern and Northern Athens and other specific municipalities and islands, or
  • Invest in financial products such as corporate shares, bonds and Government Treasury bonds that are traded on regulated markets, as well as bank deposits. All these must meet certain criteria. The starting investment amount is €400,000 rising to €800,000.

Real Estate Investment

Applicants may purchase a property for a minimum of US$200,000 in a pre-approved real estate development area. The property must be owned and maintained for a minimum of five years. Property registration, processing fees and taxes must be paid in addition to the property purchase.

Enterprise Project Investment

Under this option, applicants may invest in projects that aim to enhance the country’s infrastructure under approved development categories.

OPTION 1 – APPLICANT ALONE:

  • US$3,500,000

OPTION 2 – JOINT VENTURE WITH MORE THAN ONE APPLICANT:

  • US$6,000,000
  • Each applicant must invest a minimum of US$1,000,000

OPTION 3 – INFRASTRUCTURE OPTION

  • US$100,000 for a single applicant
  • US$150,000 for a family of 4

An additional, non-refundable administration fee of US$50,000 will apply to each of the above options

APPLICATION FEES

LICENSE OPTIONS

Arton’s Advisory fees are based on the number of dependents, country of origin, residence and other retained services, as well as service and legal fees related to the submission of citizenship and passport application for the main applicant. The advisory fees are non- refundable and are payable in two equal installments.

All application fees charged by the government of Saint Lucia and by Arton are subject to change. These fees depend on the number of applicants and the complexity of the process. Please contact us if you have any questions or need more information.

ADDITIONAL FEES

Applicants and their families must also pay the following non-refundable fees depending on the size of the family and the chosen investment option:

 

GOVERNMENT ADMINISTRATION FEES (REAL ESTATE /ENTERPRISE)

  • US$30,000: Main applicant;
  • US$45,000: Main applicant with spouse;
  • US$5,000: Dependent child under 18;
  • US$10,000: Dependent child over 18;
  • US$10,000: Fifth and every additional dependent.
  • US$10,000: Fifth and every additional dependent.

GOVERNMENT FEES (BONDS)

  • US$50,000: Per application.

PROCESSING FEES

  • US$2,000: Main applicant;
  • US$1,000: Per dependent.

DUE DILIGENCE FEES

  • US$8,000: Main applicant
  • US$5,000: Per dependent over 16;
  • US$7,500: Financial sponsor
  • The increased due diligence fees cover the cost of the mandatory interview requirements.

AVAILABLE PATHWAYS

The United Arab Emirates has three pathways to company registration: mainland for global trading, free zone for 100% foreign ownership in the free zone, and offshore for tax optimization.

Mainland

A mainland company is nothing but an onshore company which is registered under the government authority of the concerned emirate. The trade license is issued by the Department of Economic Development of the particular emirate. A UAE mainland company is mainly characterized by the liberal trading conditions. Unlike the other two types of companies, a mainland company has the advantage of receiving authorization to trade both on the UAE local market and outside the UAE.

Free Zone

A free zone company is a company formed within a special economic area within an emirate where goods and services can be traded. There are more than 40 free zones operating in the UAE. Free zones have their own regulations and have a government regulatory body called the Free Zone Authority. The Free Zone Authority is in charge of trade license issuance. A UAE free zone is characterized by the benefits of 100% foreign ownership and tax concessions. A free zone company is authorized to trade between businesses in and outside of the UAE.

Offshore

An offshore company is a business entity that is set up with the intention of operating outside its registered jurisdiction and/or the location of its ultimate ownership. A company may legitimately move offshore for the purpose of tax optimization or to enjoy more suitable regulations.

AVAILABLE JURISDICTIONS

Establishing a company in any part of the world can be challenging – with a multitude of available jurisdictions in the UAE alone, how do you know which one works for you?

While this can depend on several factors like your business activity, company structure, and the necessity of a physical office space, our seasoned business setup consultants take away the hassle with personalized solutions that cater to your unique business needs.

Here are some of the best jurisdictions in the UAE:

Department of Economic Development (DED) Dubai Mainland

For businesses wishing to operate in Dubai and expand across the UAE, the Department of Economic Development Dubai Mainland enables direct trade with customers, other mainland businesses, and the provision of essential services from the government of Dubai.

Dubai Multi Commodities Center (DMCC)

A globally recognized and strategically located freezone, DMCC is ideal for corporate businesses that require a physical presence. With more than 19,000 companies registered to date, DMCC is a trade and enterprise center for commodities.

Jebel Ali Free Zone (JAFZA)

Best known for its world-class port and close proximity to major markets, Jebel Ali Free Zone is an economic trade hub for industrial businesses that require warehouse spaces and logistics infrastructure

Meydan Freezone

Meydan Freezone is the place to be for freelancers and start-ups. With numerous competitive licensing options, this freezone provides a vast support system to new and emerging businesses entering the UAE market.

Ras Al Khaimah International Corporate Centre (RAK ICC)

RAK ICC is one of the world’s fastest growing corporate registries. For businesses looking to setup an offshore operation in the UAE, RAK ICC offers the most time-efficient and cost-effective solution.

UAE GOLDEN VISA

In addition to the business setup options which give foreigners short-term residency status, the Government of UAE has also established a successful long-term residency program. The UAE Golden Visa for investors in public projects and real estate secures 10-year visa for qualifying applicants

The minimum investment requirement is AED2M in the form of:

  • A deposit in an investment fund in the UAE, or
  • Purchased property or off-plan deal.

In some cases, there is a minimum mandatory holding period and restrictions to use loans for the investment.

Benefits :

  • Can include the spouse and children, as well as one executive director and one advisor;
  • Extended period for stay outside of UAE for more than 6 months;

APPLICATION FEES

All application fees charged by the UAE government are subject to frequent change. These fees depend on the jurisdiction type, license activity and complexity of the process.

Contact us to get precise quote based on your needs and preferences.

NEXT STEPS:

PROGRAM CHECK

Compare the different programs side by side and examine their features.

PROGRAM COST

Find out the cost estimates for each program tailored to your family.

PROGRAM MAP

See the power of global mobility for each passport.

DOWNLOAD BROCHURE (PDF)
ARTON INDEX SCORE
COST
19%
SPEED
20%
GLOBAL MOBILITY
Web Designer 12%
QUALITY OF LIFE
4%
SIMPLICITY
20%

The Arton Index is an overall assessment and comparative benchmark of the country and its investment program.
saintlucia
165,510

Population growth 0.31%

14,400 USD

GDP (per capita)
GDP (purchasing power parity)
22.542 billion USD

138

Visa free countries

LOCATION
Caribbean, island between the Caribbean Sea and North Atlantic Ocean, north of Trinidad and Tobago

CAPITAL
Castries

DIFFERENCE
UTC -4

TOTAL AREA
616 km2

AGE DEMOGRAPHICS
0-14:19.77%, 15-24: 14.79%, 25-54: 42.93%, 55-64: 10.41%, 65+: 12.11%

LANGUAGE
English (official), French Patois

RELIGIONS
Roman Catholic: 61.5%,

Protestant: 25.5%,

Other Christian: 3.4%,

Other: 9.6%

GOVERNMENT TYPE
Parliamentary democracy under a constitutional monarchy and a Commonwealth realm

CURRENCY
East Caribbean dollars (XCD)

EXCHANGE RATE
1 USD = 2.7 XCD

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