This nation welcomes over one million tourists every year, many of them arriving on cruise ships or regular flights from Miami as well as via Panama and South America. Located south of the French overseas territory of Martinique, much of the island’s population speaks French Creole.
With its capital of Castries home to 40% of the population as well as the secretariat of the Organization of Eastern Caribbean States (OECS), St Lucia has emerged since its independence in 1979 as an offshore banking center.
This island republic’s Citizenship by Investment (CBI) program was established in December 2015. With no taxation of externally earned income, capital gains or inheritances, in recent years a St Lucia passport has become popular second or third citizenship option with Bitcoin investors and cryptocurrency traders.
As of June 2024, a St Lucia passport offers visa free access to over 140 countries and self-governing territories, including the EU Schengen zone and Hong Kong. As with other Caribbean CBI programs we offer, there are no residency or travel requirements to obtain your passport.
At ExitStrategy.World, we can offer St Lucia bank account opening and linked International Business Corporation (IBC) formation services, as well as guide your passport through investment process from start to finish. There are four methods to obtain a passport:
Contribute $240,000 for an individual to the St Lucia National Development Fund with an additional $10,000 additional per child under 18 and $20,000 for the spouse of the applicant and/or per additional sponsored adult (such as a parent, aunt or uncle).
Invest in an approved Real Estate Project on the island with a minimum value of $300,000.
Purchase at least $500,000 in government bonds.
Investment of $3.5 million in an approved Enterprise Project that creates at least three jobs.
To find out whether a St Lucia IBC or passport is right for you, contact us today!
