SETTLE IN LUCIA – GET CITIZENSHIP IN JUST 3 MONTHS

Saint Lucia has the newest immigration program in the Caribbean. Green Paradise St. Lucia is located in the Lesser Antilles and is a member of the United Nations, CARICOM, OECS and the Eastern Caribbean Currency Union.

This island nation is attracting many foreign investors and businesses. In particular, Saint Lucia allows investors and families to possess citizenship as soon as they invest in this country.

About Lucia

Lucia is an island country in the eastern Caribbean. Located in a volcanic region in the middle of the ocean, St. Lucia has a different natural landscape compared to other islands in the Caribbean. Lucia is also known as “the green paradise of the earth” because it possesses many spectacular mountain ranges formed from volcanic activity, huge ancient forests and green grasslands.

Life in Lucia

The island of Saint Lucia caters to every aspect of life. From the bustling entertainment capital Rodney-Bay to the tranquil natural sights of Soufriere. Lucia is the country of music festivals. Like the Jazz Festival is an annual week-long festival across the island and especially attracts plenty of tourists on this occasion. Therefore; Lucia is in the top 3 most visited countries in the world.

Economics

Lucia belongs to the group of countries with major economies in the Caribbean. In 2018, Saint Lucia’s GDP reached $1.922 billion. In which, GDP per capita is 10,556 USD. With the advantage of stunning scenery, the tourism industry here is quite developed, accounting for nearly 65% ​​of the GDP structure. Besides, the investment in building infrastructure, road systems and fully equipped hotels has appealed to a large number of tourists every year. Therefore, Lucia is especially attractive to foreign investors and businesses in the field of international banking and tourism.

Settle in Lucia – Lucia’s Immigrant Investor Program

The Lucia naturalization investment program was approved by the National Assembly in August 2015. The program review time is only 3-6 months. Lucia is also the country with the most diverse immigration program in the Caribbean. Investors can participate in one of the following four ways:

• Invest in real estate with a minimum value of $300,000 in a government-approved project development area. The property must be owned and maintained for 5 years.
• Participate in an enterprise project with a minimum contribution of 3.5 million USD.
• Non-refundable contribution to the National Economic Fund (NEF) 100,000 USD
• Invest in interest-free Covid-19 bonds for 5 years. Requires a minimum investment of 250,000 USD

Besides, in the Caribbean, there are other popular settlement investment projects such as St. Kitts & Nevis and the Antigua & Barbuda Settlement Program.

Benefits of participating in the St. Lucia’s Immigrant Investor Program

This is one of the most affordable naturalization investment programs from just $100,000. This is a second chance to get citizenship for both the applicants and their families. In addition, the passport of St. Lucia is allowed to visa-free travel to more than 145 countries. Those countries include Europe’s Schengen area, Hong Kong, Singapore and the UK.

This is also an opportunity for investors to settle in Lucia and develop economic resources. Saint Lucia especially has an extremely attractive tax regime, with no income, property or inheritance taxes. The government always creates many incentives for foreign investors to help develop the country’s economy.

Conclusion

The Lucia immigration program is gradually attracting investors around the world. This place possesses an extremely potential economy to be able to develop. The quality of life in Lucia is also very good. Moreover, citizens are always protected and guaranteed in terms of income, health and education.

To learn more about other immigration programs in the Caribbean, please contact us at Portico & Bridge. With a team of more than 50 professionals worldwide, we are happy to assist you. Call us now at 0909.898.758

At PORTICO & BRIDGE, “Your Children We Care”.