Keep an eye on this website for the most up-to-date information and the most current visa-free countries lists. Compulsory education in Saint Lucia starts at the age of 5 and ends at 15, putting children through public school for free. The system is strong, proudly becoming the #4 ranked country for primary education back in 2012. The investment in secondary education stands at 27.9 % of the national budget on education.
Many investors retain an economic citizenship lawyer located outside of the jurisdiction in which they will be investing to ensure they are best protected throughout the process. An attorney can perform due diligence, complete necessary applications forms, and ensure you have all the correct supporting documentation required by the program. The application process for the Saint Lucia citizenship by investment program is straightforward and applicants even do not need to travel there but they have to apply through a licensed authorized agent.
What You Need To Apply For The Citizenship By Investment Program
Obtaining St Lucia citizenship is a popular choice among many people, mainly due to the many advantages it offers. Citizenship Shop is a shopping platform for citizenship and residence by investment schemes. Every applicant MUST use a licenced Authorised Agent to submit their application to the Citizenship by Investment Unit. The Unit will not process any application which has been submitted by anyone other than a licenced Authorised Agent. Pay the requisite non-refundable processing, due diligence and administrative fees upon application.
For full coverage of everything you need to know about citizenship by investment, continue reading our full article. Vanuatu’s Development Support Program requires an all-in cost of $180,000 for a family of four. The country is landlocked in a conflict-prone region and lacks the lifestyle appeal of other countries offering similar programs.
Once An Application For Citizenship Has Been Approved, The Following Investment Is Required:
Professional fees are extra and will vary depending on the number of dependents included in your application. Pleasecontact CSL for a personalized estimate of what your total Citizenship-by-Investment fees may entail. Practical – Visa-free travel to more than 135 countries worldwide, including law firm istanbul United Kingdom and European Schengen States.View the list of Visa-Free countries. Antigua and Barbuda The Antigua and Barbuda Citizenship-by-Investment Programme offers visa-free travel to 152 nations. Inclusion of dependent children under 30 and dependent parents or grandparents over 55.
Certain nations restrict their citizens from taking up any additional passports and citizenships. The 2020 Regulations reduce the required contributions under the Programme’s National Economic Fund option for applicants applying with a spouse and applicants applying with a spouse and up to two other qualifying dependents. The Regulations also implement a reduced amount for each additional qualifying dependant of a main applicant applying with a spouse and two other qualifying dependents.
You and your dependents over 16 undergo due diligence checks after which, if they are successful, St Lucia’s government makes a decision on your application. In contrast to most of other Caribbean jurisdictions, Saint Lucia has stable Turkish work permit political and economic environment, low crime rate and relatively high standards of living. This calm picturesque and remote island with mild climate can become your second home if there are problems in your home country.
Step 3 – Each application is assessed by the government via a due diligence background check during which time all the submitted information is thoroughly verified and examined for confirmation. Step 1- Prepare all the required documents so that they be checked for compliance and whether or not they meet all the requirements. You are not required to have a physical residency if you want to remotely acquire a Saint Lucia passport. An additional, non-refundable administration fee of USD 50,000 will apply. The ease of doing business in St Lucia is improving rapidly, especially when it comes to tourism based investments.
C) A non-refundable contribution of only US$ 150,000 under the Sustainable Growth Fund program. C) A non-refundable contribution in the amount of at least US$ 100,000 to the country’s National Development Fund. Antigua & Barbuda is an independent Commonwealth state in the Eastern Caribbean. Following its independence from Britain in 1981, Antigua’s key industry is tourism and related service industries.
Russia requires you to invest in to a business or setup your own venture that will employ a number of people and generate tax revenues to the country. A Malta passport also gives you access to Switzerland and visa-free travel to 166 countries. A second passport will allow you to travel and invest with Turkish work permit more privacy. You must have a new passport in hand before you dump your blue travel document. Finally, the number of visa-free travel countries gives you an indication of how your new passport will be received by world banks. An EU passport will allow you to open an account anywhere in the world.
Austria is the gold standard of the second passport and citizenship by investment programs. Another use of the citizenship program was to compensate the mostly Russian foreign depositors whose cash they’d “borrowed” and converted into equity. Many of these high net worth Russian investors were given special deals in appreciation for their mandatory contribution. St. Lucia provides visa free travel to 121 countries as well as visa free travel to Switzerland or 180-days in the Schengen area of the European Union.