Burkton Capital

Saint Lucia

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31

Passport Rank

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140

Visa Free Countries

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100K USD

Investment Amount​

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3-6 months

Processing Time

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About St Lucia

Saint Lucia is an island nation in the Caribbean, with a population of about 184,000. A thriving, vibrant island economy with a per capita GDP of $13,700, Saint Lucia enjoys warm tropical climates with mild rainfall and moderate temperatures.

The capital is Castries. Saint Lucia runs on UTC -4 Time, and the currency is East Caribbean Dollar (XCD). Citizens are referred to Saint Lucian(s). Saint Lucia was first known as “Louanalao” by the Arawak Indians in 200 AD, meaning “Island of the Iguanas,” Fast forward to modern times. Saint Lucia was one of the last European colonies to finally declare independence. The diverse Saint Lucia history means it is a melting pot of various cultures. Carib culture still has a strong influence on the island, even though it is mixed with African cultures brought over during colonial times. Visitors who set foot on Saint Lucia can experience this culture, and learn about the various eras of the island’s history. Explore ancient archaeological sites from Arawak times or walk along the Old Town of Vieux Fort to feel what it would be like living in Saint Lucia during the 17th and 18th centuries. The history of the island lives on through Saint Lucia’s diverse culture.

Visa Free Countries

Citizenship by Investment Program

Saint Lucia launched its citizenship by investment program in December of 2015. It came into full effect on January 1, 2016, based on the Citizenship by Investment Act (Act No. 14 of 2015).

In August of 2015, the Saint Lucia Citizenship Act was passed by both houses of Parliament. Statutory Instrument No.89 of 2015 contains the regulations for Citizenship by Investment in Saint Lucia. Individuals and families can get Saint Lucian citizenship by making a qualifying investment, according to the Act.

How does it benefit you?

1

Visa free or visa on arrival to 146 countries across the world including the United Kingdom, Schengen Zone Countries, Hong Kong and Singapore.

2

No restrictions on dual citizenship. No minimum stay requirement.

3

Include extended family including parents, grandparents and unmarried dependent siblings under 18 with no children. Citizenship by descent to future generations.

4

As a member of the Commonwealth, citizens of St. Lucia are entitled to certain privileges in the United Kingdom and other member states.

5

Well positioned geographically for individuals looking to do business in North America and Europe.

6

Citizenship processed in 3-6 months.

Tax Benefits

St. Lucia is a low tax jurisdiction, offering several tax planning, wealth and asset protection advantages to its Citizens.

Personal Income Tax Rate

0%

Capital Gains Tax Rate

0%

Investment Income Tax Rate

0%

Property Tax

0%

Inheritance Tax

0%

Net Worth Tax

0%

Controlled foreign corporation - (CFC) laws

N/A

Eligibility Criteria

Must have

  • Clean Criminal Record

  • Valid Passport (with a minimum validity of six months)

  • National Identity documents from Country of Birth or Country of Residence

  • Birth Certificates

  • Additional Documentation including CVs, Education, and Work History

  • Valid Proof of Address

For family

  • St. Lucia allows applicants to include their close family members as dependents on their Citizenship application. All family members receive their Citizenship Certificates and Passports together.

Eligible Dependents

  • A spouse of the primary applicant;

  • A child under the age of 21 of the main applicant or his or her spouse;

  • Adult Children under the age of 30 who can prove that they are financially dependent on the main applicant;

  • Parents or grandparents of the main applicant or his/her spouse above the age of 55 years living with and fully supported by the main applicant or;

  • Unmarried siblings below the age of 18, provided they have received the consent of their parents or guardians.

  • Children above the age of 30 and Siblings above the age of 30 cannot be included as dependents.

  • Citizenship can also be passed on to future generations

Restrictions

  • All Nationalities are eligible to apply for Citizenship in Saint Lucia except citizens of Iran.

Process And Timeline

Sign a Client Engagement Contract with Burkton Capital.

Burkton Capital’s Processing Department will work with you to collect all required documentation, prepare your applications and obtain your signature(s).

Transfer Government Due Diligence and Legal Management payments.

Burkton Capital will submit your application to CIP for approval.

CIP will respond with it’s findings and approval in 90 working days (varies depending on volume of applications at the CIP)

Once approval is received, transfer the Citizenship fee, Passport, Certificate of Naturalization & Form fees

Passports are issued in 30 working days after receipt of all fees.

Collect your Passports at our offices in Dubai, Istanbul or Port Vila, or choose to have them couriered to your registered address.

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