St. Lucia – COVID-19 Relief Bond and Donation Reductions

May 12, 2020

The Saint Lucia Citizenship by Investment Unit has announced effective immediately, wide-ranging reductions and other attractive changes to most options under its Citizenship by Investment Program.

COVID – 19 RELIEF BOND Offer Valid Until 31st December 2020 

Saint Lucia is the only Caribbean country offering citizenship via a Bond Option. The Covid-19 Relief Bond is being offered as a direct response to the pandemic at only half the investment level of the normal bonds. This special Bond offering is attractive for the following reasons:

  •  Investment in Government Bond starts at $250,000.00 (a discount of 50%)
  • The Investment amount in the Bond is refunded in full at the end of the holding period ü Processing Fees are waived
  • The holding Period is 5-7 years
  • Investment is to be made only after approval is granted
  •  Administrative Fee is discounted by 40%

Donation Option Reductions

The Donation Option has normally been especially attractive to single applicants as the contribution amount is only $100,000.00. The changes have resulted in a reduction in the donation amounts payable by families and newborn babies as follows:

  • Main Applicant and Spouse: $140,000.00
  • Family of Four (4) Persons: $150,000.00
  • Newborn Child 12 months and younger: $500.00 – previously was $10,000.00
  • Donation is to be made only after approval is granted

Real Estate Option Reductions

  • A waiver of Administrative Fees starting at $75,000.00 has been introduced for eligible applicants investing in real estate projects with embedded educational institutions.