In October, the Citizenship by Investment Programme of Caribbean island Saint Lucia unveiled its new brand identity and website. With its contemporary and clean branding and content-rich, easy-to-use website, the programme’s unit has upped the ante in the global CBI programme stakes as it continues to grow during the pandemic.
The new website cleanly and clearly outlines the benefits that citizenship of Saint Lucia can bring investors, as well as delivering concise answers to an array of frequently answered questions, listing the agents, promoters and due diligence firms authorised by the Caribbean’s country’s CBI Programme, and explains thoroughly, yet simply, the investment options open to potential investors.
For the investment options, the website further lists the government-approved opportunities – real estate, resorts, hotels, projects – on offer and lists the authorised agents for each investment opportunity.
In an easy-to-understand format, the website further details the application process, which has recently been streamlined and digitised, and interested investors can securely download the forms directly from the website, in PDF form, to fill in.
Furthermore, the website features the latest industry news, as well as testimonials from foreigners who have successfully acquired citizenship of Saint Lucia via the programme, and offers interested parties the chance to sign up to a regular Saint Lucia CIP newsletter.
During the launch of the Saint Lucia Citizenship by Investment programme’s new brand visual identity and website, Prime Minister Chastanet said the Caribbean island nation has been exemplary in its handling of the pandemic, which has served to increase investor confidence and ensure that applications to the Saint Lucia CBI Unit have continued to grow, with an impressive double-digit percentage increase in applicants in recent months.
Saint Lucia’s Citizenship by Investment Programme
Launched in 2016, Saint Lucia’s Citizenship by Investment program is the newest of the five CBI programmes offered in the Caribbean. It is also one of the cheapest, with a minimum outlay of just $100,000, and one of the most straightforward in terms of ease and speed of passport processing.
In addition to offering the cheapest financial outlay for single applicants, St Lucia’s citizenship by investment programme is currently offering the most affordable second passport option for families too, with its temporary special Covid-19 offer (a reduction of $40,000), which runs until December 2020. This temporary offer gives potential investors the chance to purchase a non-interest-bearing government bond for just $250,000 (that is half the original price of its usual bond investment) for a single applicant with $30,000 added on as an admin fee. Applicants can add dependents to the application for the exact same price, though the number of years will increase with each add-on.
The average time for processing a St Lucia second passport is three months and the process of application for St Lucia’s CIP is known to be transparent and thorough. A further positive of St Lucia’s citizen investment program is that there is no need for applicants to reside in or travel to the island during the application processing.
A second passport from St Lucia gives individuals free access to more than 146 countries, including the UK, Schengen area, EU, South America and Singapore.
St Lucia’s programme delivers five investment options, the most of any other country. As a location, St Lucia not only offers a very relaxing lifestyle, it also boasts the best economy in the Caribbean.
To find out more about the Saint Lucia CBI Programme, read our country profile by clicking here