ARTICLE · 17 FEBRUARY 2016

Citizenship By Investment Launched In Saint Lucia

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For high net worth individuals looking for an economic citizenship solution to facilitate ease of travel, Saint Lucia's Citizenship by Investment Programme is an now open to applications.

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Nadine Goldfoot

For high net worth individuals looking for an economic citizenship solution to facilitate ease of travel, Saint Lucia's Citizenship by Investment Programme is an now open to applications.

To qualify for citizenship under this new programme, applicants must demonstrate a net worth of at least USD 3 million (unlike other programmes in the region). They will also be required to make one of four possible qualifying investments.

Firstly, an applicant can choose to contribute USD 200,000 to Saint Lucia's National Economic Fund (or USD 235,000, if applying with a spouse; and USD 250,000, if applying with a spouse and up to two dependants). An additional USD 25,000 is payable for other dependants.

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