The picturesque island of Saint Lucia is known for its varied landscape consisting of volcanic sand beaches and vibrant coral reefs surrounded by mesmerizing rainforests and mountains. Its natural hot pools and bubbling mud springs coupled with the thriving wildlife are major attractions for tourists from around the globe. The country is home to a vast variety of exquisite fauna and incredible marine life. The twin volcanic Piton peaks – Gros Piton and Petit Piton are a designated UNESCO World Heritage Site.
55,000
English
Driven by tourism, real estate, and financial market sectors
Eastern Caribbean dollar
A popular cruise ship destination, the country has amassed accolades including the ‘World’s Leading Honeymoon Destination’, the ‘Caribbean’s Leading Adventure Tourism Destination’ among others. Numerous cultural and sporting events such as the world-renowned Atlantic Rally for Cruisers, International Creole Day, etc. are popular attractions
Saint Lucia provides investors with opportunities to easily expand their business in the Eastern Caribbean region whilst enjoying higher tax benefits. High net-worth investors are attracted to the benefits offered by the Saint Lucia citizenship and invest in a second passport, with access to 145 visa-free countries globally, including the European Union, Hong Kong, Singapore, U.K
Here are some quick facts you should know before relocating to Saint Lucia to understand the country better.
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Nestled in the Caribbean Sea and forming a part of the Lesser Antilles archipelago, Saint Lucia covers an area of 617 km2 . The highest point, at 950 meters, is Mt. Gimie. La Soufrière (also known as La Grande Soufrière and Sulphur Springs) is the world’s only drive-in volcano.
Castries
Castries, the largest city on the island, the capital of Saint Lucia and a port city has numerous luxury resorts. Point Seraphine is the port of call for cruise ships. Various government offices, foreign business headquarters, consulates, embassies, including the headquarters of the Eastern Caribbean Supreme Court and the secretariat of the Organization of Caribbean States are located here.
Rodney Bay
The man-made lagoon of Rodney Bay is Saint Lucia’s financial, entertainment and recreation center. Its marina is the second largest yachting center in the Caribbean Sea with thirty-two mega yacht docks. The city has a casino, shopping malls, luxury restaurants, hotels and rentals
Saint Lucia has regular international and regional flights from its two airports. Cruises and yachts also provide access to the island. The government maintains a quality road network across the island with privately owned buses.
Taxis and rental cars are also available. Drivers require either an International Driver’s Permit or a local driving permit to be able to drive in the region.
Tourism contributes to nearly 65% of the nation’s GDP, followed by the industrial, agricultural and banking sectors. Saint Lucia is a popular choice with high net-worth investors due to its unique blend of robust regulation, innovative banking solutions, investor-friendly taxation approach, adhering to international banking norms and asset diversification opportunities.
Investors also benefit from the region being a Commonwealth realm and its membership with the various international and regional bodies such as CARICOM, OECS, OAS, La Francophonie, United Nations, and friendly relations with the United Kingdom, Canada, U.S.A. and France.
International and local banks provide various banking services. Individuals seeking to open an account are required to provide the following documents:
Government and private institutions provide health care services. Health services are provided by two government hospitals and various health centers, however dental and vision services are provided by private organizations.
Education is free and compulsory for children aged between five and fifteen years. The government runs most of the primary and secondary schools in the country, spending 3.6% of the GDP on education in 2020. Tertiary education is provided by public and private institutions like Monroe College, Sir Arthur Lewis Community College, etc.
The Saint Lucia Citizenship by Investment program requires a minimum donation of US $100,000 to the Saint Lucia National Economic Fund for the primary applicant, by purchasing a government pre-approved real estate property of minimum US$ 300,000 value or investing US$ 300,000 in the National Action Government Bond.
The requirements for becoming a citizen include the primary applicant being a minimum of 18 years of age, demonstrate an absence of criminal records, possess good health, have no outstanding visa refusals and be willing to donate to the Saint Lucia National Economic Fund or invest in the National Action Government Bond or in approved real estate projects.
It takes three to four months, provided the application for citizenship is accurate and complete in all aspects.
The primary applicant’s spouse, children not older than 18 years, children up to 30 years old enrolled in an educational institution, parents above the age of 55 years can be included in the application or after obtaining citizenship for an additional fee depending upon the number of people being included.
Applicants are not required to visit St Lucia for obtaining their citizenship.
Yes, Saint Lucia provides a biometric passport.
An issued Saint Lucia passport is initially valid for 10 years after which period, it can be renewed indefinitely. Passports for individuals below the age of 16 years are valid for five years.
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