Friday, November 22, 2024

St Lucia Citizenship through Government Bonds

St Lucia is the only nation in the caribbean offering  ‘Government bonds’ under its citizenship-by-investment programme.  One has to buy USD 500,000 worth of non-interest Government bonds with five year holding period to become ‘Citizen of St Lucia’.  After 5 years the entire bond value is given back and citizenship is not taken away.

Government of St Lucia bonds are issued under National savings and development bonds act CH.15.25 of 2015 of the revised laws of Saint Lucia. Once the application is approved for citizenship, the applicant must  purchase the bonds through Ministry of Finance. The bond certificate will be given in 21 days.

Saint Lucia Government Bonds

  • Applicant applying alone: US$500,000
  • Applicant applying with spouse: US$535,000
  • Applicant applying with spouse and up to two (2) other qualifying dependants: US$550,000
  • Each additional qualifying dependant: US$25,000

The following additional fees apply for citizenship through government bonds.

  • Administration fee for Government bonds: USD 50,000 per bond application
  • Processing fee $2000 (main applicant) and $1000 (dependent)
  • Due diligence fee $7500 (main applicant) and $5000 (dependent over 16 years)
Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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