VISA - Saint Lucia

Saint Lucia

Saint Lucia, part of the Lesser Antilles, is an island country in the Caribbean Sea. Proximate countries include Saint Vincent and the Grenadines, Barbados, and Dominica. The geography of Saint Lucia is volcanic and mountainous. The government system is a parliamentary democracy and a Commonwealth realm; the chief of state is the queen of the United Kingdom, and the head of government is the prime minister. Saint Lucia has a mixed economic system in which there is a variety of private freedom, combined with centralized economic planning and government regulation. Saint Lucia is a member of the Caribbean Community (CARICOM) and the Organization of Eastern Caribbean States (OECS).
A qualifying investment under the Citizenship by Investment Programme shall satisfy at least a minimum investment in one of the four approved areas.
1. Saint Lucia National Economic Fund.
2. Real Estate Projects.
3. Enterprise Projects.
4. Government Bonds.

The main applicant must be at least 18 years of age, a spouse, children under 18 years of age, unmarried and economic fully supported by his or her parents can apply the St. Lucia Citizenship together.
Applicants should have no criminal record and no any contagious diseases.
A qualifying investment under the Citizenship by Investment Programme shall satisfy at least a minimum investment in one of the four approved areas.
     * Saint Lucia National Economic Fund is a special fund established under Section 33 of the Citizenship by Investment Act for the sole purpose of receiving qualifying investments of cash for funding government sponsored projects.
     * Approved enterprise projects fall into seven (7) broad categories: Specialty Restaurants, Cruise ports and marinas, Agro-processing plants, Pharmaceutical products, Ports, bridges, roads and highways, Research institutions and facilities, and Offshore universities.
     * Approved real estate projects fall into two broad categories:High-end branded hotels and resorts, and High-end boutique properties.
     * Citizenship by investment may be made through the purchase of non-interest-bearing Government bonds. These bonds must be registered and remain in the name of the applicant for a five (5) year holding period from the date of first issue and not attract a rate of interest.

Stable political and economic democracy based on the British parliamentary style of government.
No capital gains tax, relatively low income and corporate tax, no taxation on worldwide income, and no estate or inheritance tax.
There are many factors to consider when choosing a country for citizenship by investment.
Visa-free travel to over 120 countries, including those in the European Union, other parts of the Caribbean and South America.