The Government of Saint Lucia has published two important regulations, that makes for an alien to purchase, acquire or lease land in Saint Lucia and for an alien investor to enter and remain in Saint Lucia. The Regulations was published in Saint Lucia gazette in May 2020
- Alien Landholding (Licensing) Act No.1 of 2020
- Alien Landholding (Licensing) Regulations No. 70 of 2020
All non-nationals are required to obtain an Aliens Landholding License, in order to purchase property in Saint Lucia.
The Act empowers Citizenship by Investment Unit established under section 25 of the Citizenship by Investment Act, Cap. 1.20 responsible for processing an application for a certificate or an alien landholding licence, collecting fees and performing due diligence checks on aliens.
An alien shall make an application to the Board for a certificate to be eligible to apply for an alien landholding licence to purchase, acquire, lease land or continue to hold land in Saint Lucia.
The Citizenship by Investment Board established under section 4 of the Citizenship by Investment Act, Cap. 1.20. The Board may
(a) grant or deny an application for a certificate or an alien landholding licence;
(b) issue a certificate;
(c) issue an alien landholding licence, subject to the conditions under this Act, including conditions as the Physical Planning and Development Division or the Development Control Authority determines;
(d) amend a licence issued under the former Act or an alien landholding licence;
(e) revoke a certificate;
(f) revoke a licence issued under the former Act or an alien landholding licence;
(g) appoint a committee;
(h) require an alien to provide further information for considering an application for a certificate or an alien landholding licence;
(i) give written notice to the Registrar of Lands where the name on a licence issued under the former Act or an alien landholding licence is amended under section 22.
An alien investor entrance permit is valid for the duration of a valid licence issued under the former Act or an alien landholding licence. An alien investor entrance permit entitles an alien investor to enter and remain in Saint Lucia for the duration of a valid licence issued under the former Act or an alien landholding licence. It does not entitle the holder to work in Saint Lucia without obtaining a work permit.
The investor permit is revoked if the applicant (i) provides false information, (ii) is considered to be a national security risk, (iii) is involved in an activity that is likely to cause disrepute to Saint Lucia, (iv) is convicted of a criminal offence, except in the case of a minor traffic offence or an offence that is spent under the Criminal Records (Rehabilitation of Offenders) Act, Cap. 3.13, irrespective of the time or location of the commission of that offence.
The fee list for license and permits are given below.
