Saint Lucia Passport, Duel Citizenship And Immigrant Investor Programme
Is The Citizenship Lifetime And Can It Be Passed On To Future Family Generations?
Make the required investment and provide detailed information and evidence of the respective investment. In order to obtain Saint Lucia second citizenship, a series of St Lucia citizenship requirements must be met first. One of the fastest turnarounds from the date of application submission.
The St. Lucian Citizenship Investment Program was officially launched on the 7th of October, 2015 in Monaco, making it the latest to have joined the Citizenship by Investment Programs in the Caribbean Region. The St. Lucian Citizenship Investment Program is governed by the Citizenship by Investment Act No. 14 of 2015, Citizenship by Investment St. Lucia Regulations S.I. 89 of 2015 and the Citizenship by Investment Amendment Saint Lucia Regulations S.I. No 3 of 2016.
Further Information About St Lucia Passport!
Please contact us for a free quote with private consultation regarding citizenship programs. I would not rate passports of Malta and Cyprus as cheap, they are the most expensive ones but their citizenship has more value and best in the world. Remember below table representsjust donation contribution to Government.
Let one of our expert immigration consultants contact you and discuss the requirements for this program. Spouse, children under the age of 28 and dependent parents or grandparents over 58. Spouse, children under the age of 28 and dependent parents or grandparents over 55. A donation of 130,000 USD is sufficient for a single applicant, while 220,000 USD covers a family of four. There is no government list narrowing the applicant’s choices, but rather an entire market and an endless stream of financial benefits to take advantage of while simultaneously becoming a Turkish national. What really makes the Turkish CIP unique is the open-market investment options.
A high quality of life including access to reputed healthcare and educational institutions. We suggest the Honorary Citizenship St Lucia will offer our customers a lot of benefits. We look forward to helping you find the perfect program for you and your family in the Caribbean.
Several countries operate residency by investment programs that can eventually lead to full citizenship. You can obtain Canadian economic citizenship through the Quebec Immigrant Investor Program , for example, but it requires an investor to live in Canada as a Permanent Resident for at least three years. US economic citizenship is also possible through the EB-5 Green Card by Investment Program, but similar to Canada it requires the investor to live in the United States as a Permanent Resident for a minimum of five years. Australian economic citizenship via an Australia Investor Visa and UK economic citizenship via a Tier 1 Investor Visa are two more examples of permanent residency by investment programs that can result in citizenship. Unless it is possible to obtain citizenship and a passport reasonably quickly, however, the jurisdiction should be classified as an investment immigration country, not an investor citizenship one. Many immigration by investment countries also have government application processing times that are an order of magnitude longer than those of economic citizenship programs.
Bonits Launches Cip Products To St Lucia
The current minimum investments for donation to the fund are set at $100,000 for a single applicant, $165,000 for a couple, and $190,000 for a family of four. For real estate, the minimum is set at $300,000 for the main applicant. In May 2020 a temporary bond offering was launched offering an option starting at $300,000 for a single applicant with the return of capital in five years. Government, Professional, and Due Diligence fees apply in all cases.
Applicants are able to include a spouse, children under 31, parents, grandparents aged 55 and above, and unmarried dependent siblings under 31 with no children. They can also add dependents after they have been granted citizenship. Worldwide, nearly 30 countries offer residence- and/or citizenship-by-investment programs.
We work only with official programs of the European Union and Caribbean countries. We work only in the field of investment immigration, integrating gained experience into the investor’s goal. Residential property is subject to a meager 0.25% of their fair market value tax, while commercial property is subject to a 0.4% rate, making them extremely viable. Property tax is levied on an annual basis and must be filed to the inland revenue department through the website or in person. Once registration of the property is complete a person will have to make sure it is also registered for taxation purposes to ensure its legal standing. Non-resident companies are liable for corporate tax on local income and interest, are taxable at a flat rate of 25% withholding tax, while a withholding tax rate of 15% applies to interest.
Complete investments after receiving citizenship application approval. Interestingly, Saint Lucia recognizes and accepts dual citizenship, which investors will find beneficial in business expansion and tax relief. For single applicants, it’s really one of the best CBI programs to participate in.
The applicant would be provided with a Bond Certificate within 21 calendar days. A certified copy of the Bond Certificate must be submitted to the Unit as proof of having made the qualifying investment. Upon receipt of the Bond Certificate, the Unit shall process the issuance of a Citizenship Certificate. Investors are required to pay $100,000 one-time for the fund against lifetime citizenship. Donation to the fund is the cheapest, fastest and easiest investment for citizenship in Saint Lucia.
The program targets specific individuals, namely those who have no criminal record, are of outstanding character, in good health and who are willing to make the qualifying investments in the respective areas. Caribbean island nation of St. Lucia is offering economic citizenship to foreigners investing in the country under certain criteria since 2015. With its beauty nature, fascinating crescent golden and silvery sand beaches and biodiversity St. Lucia justifies its nicknames of ‘Paradise’ and ‘Helen of the West Indies’. St. Lucia is the member of the Commonwealth of Nations, associated with the United Kingdom. You can also qualify by making a real estate investment of at least US$300,000 or an enterprise investment of at least US$3,500,000. The real estate investment minimum remains unchanged at US$200,000, resalable after seven years, or US$400,000, resalable after five years.
In light of COVID-19, the St. Lucian government has introduced sweeping changes to this particular investment option that will apply until December 31, 2021, making it the perfect opportunity for bond investors. Additional agent fees and saint lucia passport application forms must be taken into account. Saint Lucia passport by investment by either investing in real estate, the National Economic Fund, government bonds or enterprise. St Lucia Citizenship by Investment welcomes individuals and their respective resident permit turkey family members to obtain citizenship in exchange for making an economic contribution to the country. St Lucia’s tropical benefits and visa-free travel to over 130 destinations are enticing reasons to get a second passport and settle down on this beautiful island. We are proficient in identifying rare and exceptional opportunities around the globe for our clients which combine mainly solid investments leading to benefits of permanent residency, passports, and citizenship in that country.
Jagged volcanic pits, dense forests, strips of perfect white sand beaches, and emerald oceans attract wealthy tourists and investors. The island boasts tourist villas, sugar plantations, and the world’s only drive-in volcano! Dive 30 feet deep and see the different world of octopuses and giant crustaceans, or take a trip to Turtle Reef to … see the green turtles graze on seagrass. The island of St. Lucia started offering residency to foreigners in 2015, according to Forbes. Investment starts from $900,000 and offers access to the US education system, as well as the right to live, work and retire in the US. An attractive tax regime for high net worth investors classed as a U.K.