ST. LUCIA
Official Name - Saint Lucia
One of the eastern Caribbean island nation
22 World Class Dive sites
Population : 2 Lakhs
Currency : ECD (Eastern Caribbean dollar, 1 ECD= 0.37 US$)
Citizenship Program launched in 2015
Area 617 Sq.Kms
BENEFITS OF CITIZENSHIP OF ST. LUCIA
-Citizenship in 4-6 Months
-Visa Free Access to 100+ Countries including Hongkong, Schengen and UK
-No requirements to travel to St. Lucia during or after the application.
-Free education from the age of 5 to 15 years.
-No taxation on wealth, gift, inheritance, foreign income or capital gain.
-Applicants can now include children below 18 years and students aged 25 or below.
-Parents of the applicant or his/her spouse, fully supported by the applicant and above 65 years are eligible.
-Family Members (Spouse, Child) can be added later post granting citizenship within 5 years.
-Unmarried dependent siblings below the age of 16 years are eligible to apply.
INTERESTING FACTS:
-St. Lucia's Education: University of West Indies, American International Medical University, Atlantic University School of Medicine, International American University College of Medicine, Washington Medical Sciences Institute, etc., 20 Secondary Public schools and 10 private schools.---More than 10 modern hospitals.
-St. Lucia is the destination point for the Atlantic Rally for Cruisers.
-St. Lucia holds a two week Jazz Festival, Dive Fest and a Wellness Music Festival every year
-Tourism contributes to 43% of the GDP
GET A ST.LUCIAN PASSPORT FOR EIGHT PEOPLE BY INVESTING
US $310,000 IN GOVT.BONDS FOR SEVEN YEARS ONLY
NATIONAL ECONOMIC FUND (NeF)
One-Time non refundable payment
-US $100,000
for the Main Applicant
-US $140,000
for the Main Applicant and the Spouse
-US $150,000
for the Main Applicant, spouse and two kids
-US $25,000
for every Additional Dependent
(Processing fees, Admin & due diligence fees apply)
APPROVED REAL ESTATE INVESTMENT
U$ 300,000
-The investment must be kept for a minimum of 15 years and can be resold after.
(Processing fees & due diligence fees apply)
COVID-19 GOVT. BOND OPTION
Valid till 31.12.2021
-US $250,000
for Main Applicant (hold for 5 years)
-US $250,000
for Main Applicant and 1 Dependent (hold for 6 years)
-US $250,000
for Main Applicant and 4 Dependents (hold for 7 years)
-US $300,000
for Main Applicant and 4 dependents (hold for 5 years)
-US $15,000 per person (upto 4 dependents)
-US $30,000- Fund admin fee (for each bond)
(Admin, due diligence fees extra)
qualifications
-Be of outstanding character
-Have excellent health
-Hold no criminal record
-Have a high personal net worth
PERSONS ELIGIBLE TO APPLY
-Applicant should be over 18 years old
-Spouse of the applicant
-Children under 25 years of age
-Children, regardless of age, having mental or a physical disability
-Parents of the main applicant and/or spouse over 65 years
BASIC DOCUMENTS REQUIRED
-A valid passport
-Proof of income and funds (income tax returns, documentary proof of inheritance, rental income, dividends, income of property sale, etc.)
-Birth Certificate
-Two color photographs (digital versions accepted)
-Insurance policy covering the cost of hospitalization and medical care
Q : For how many years is the passport valid?
A : 5 years and can be renewed for the same period
Q : For how many days can I stay in Schengen and UK?
A : 90 Days out of 180 days every year
Q : Will I need to have a visa to visit any of the countries in the Schengen?
A : You may travel visa free and no registration is required for crossing borders.
Q : Do I need to reside in the country and know the language?
A : It is required to visit the country for 5 days in the first 5 years of acquiring the citizenship. Knowledge of language is not required.
Q : In what cases can my application be rejected?
A : The application can be rejected for the following reasons:
-By providing false information.
-Existence of outstanding conviction or criminal proceedings for serious criminal offences in any country of the world.
-If the applicant poses a potential threat to public order, national security or the reputation of St. Lucia or any other country.
Q : What happens in case of concealment of information or false data has been provided?
A : An applicant shall not pass the due diligence test and the application shall be rejected. An investor can be deprived of the citizenship, if the status was obtained by submitting false information, fraud or concealment of actual information.
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