The freedom to travel is probably the most coveted of all freedoms. It means you are not bound by the economic and social structures of the land. It opens up a whole new world of possibilities. For people seeking such freedom there are many citizenship by investment options through which they can invest in a country’s economy and get a second Passport. One such program is the St Lucia Citizenship by investment program, and in this article we will discuss why this might be the best option for you
Why St. Lucia
Tourism industry and beauty: St. Lucia has a thriving tourism industry because it has one of the most beautiful and spectacular coastlines in the world. Which is why these coastlines happen to be the most photographed coastlines in the world. It has the world’s best hotels with scenic views of The Pitons, a pair of jagged volcanic mountains. And despite the fact that it is a volcanic island its world famous beaches have golden sand. This beauty and weather alone is enough reason to move there but there is more.
Lowest investment amount: It boasts one of the lowest investment amounts amongst its rival programs, for you to get a second citizenship. If you have a family of 4 meaning a spouse and 2 children you can donate $100,000 to the national development fund and get a passport and for a family of six or more you can obtain citizenship by Donating $150,000 to University of West Indies along with a scholar ship for one year tuition-only, for one person, or you can invest $400,000 into a government approved real estate project which is resalable after five years.
Fewer requirements:
- No interview requirement
- No education required
- No managerial experience required
- St.Lucia doesn’t require physical residency
- You don’t have to travel to St. Lucia during application process
Benefits of these Caribbean Citizenship
- Visa free travel to over 140 countries
- No worldwide tax on individual or corporation’s income
- No inheritance tax, no gift or capital gains tax.
- Little or no residency requirement
- Stable democracy and economy
- You keep your dual citizenship, and your life time citizenship is secured
- Outstanding life style in the tropic with Sun all year round and Turquoise blue water.
Step by step guide (Common practices)
- Application: You determine which option you will invest in. and compile the necessary documents.
- Submission: You submit your application for review and due diligence, as per government procedure.
- Determining Approval: Based on the documentary evidence and due diligence the Gov. approves or rejects your application, usually within 90 days.
- Conclude investment: You conclude the balance of payment and payable fees
- Citizenship granted: You get the St Lucia passport after the whole process is completed.
Documents (Common Requirements)
- Properly completed application form
- Passport size photos
- Police certificate from all countries of which you have been a resident
- Medical certificates of health
- Proof of investment
FAQs
Q: How long does the process take from start to finish?
A: It takes around 4 to 6 months.
Q: Can I include my family members in my Application?
A: Yes you can add spouse, children and in some cases dependent parents and siblings in your application.