St Lucia Citizenship By Investment Blog
Citizenship By Investment Timeline
USD 6,000,000 plus no less than six permanent jobs for two or more principal applicants in a joint investment, with each applicant contributing a minimum of USD 1,000,000. The St. Lucia Citizenship Program does not ban any nationality from applying for a St. Lucia passport. Similarly, staying permit turkey for this, the applicant does not need to take any language test, nor do they need residence or visit in the country. Saint Lucia passport holders can vote, buy property, and live and work in the country. Immigrant Invest’s lawyers compile a list of the documents required.
Keep in mind, however, that on top of the donation/investment amount and the government fees, you’ll have to pay a commission to an agent who will lodge your citizenship application with the government. We’ll present you each option assuming the total cost, including government fees, for a family of four — with two children younger than 12 years old. In addition to quickly gaining a passport for as low as $145,000 the Caribbean countries offer the most affordable citizenship by investment programs. On the application of an investor in respect of a proposed enterprise project, the Minister may, on the recommendation of the Unit and after consultation with Cabinet, approve the enterprise project as a qualifying investment. On the application of a developer in respect of a proposed real estate project, the Minister may, on the recommendation of the Unit and after consultation with Cabinet, approve the real estate project as a qualifying investment.
St Lucia Passport By Investment Program
The pricing for a couple comes in at approximately $165,000, but for a single applicant, this program does offer excellent value relative to price. Dual citizenship offers an effective tool for international tax planning and provides financial privacy for banking and investment. It improves personal security, enables freedom of movement and allows access to the best healthcare and education opportunities.
One of the key benefits of owning a second passport is the acquisition of a passport that allows you to travel the globe freely and painlessly, many countries passport allow you to travel visa-free to over 150 countries. We focus is to provide a hassle-free and seamless service assisting you with the citizenship application. We will guide you through every step of the Saint Lucia citizenship acquisition process with due diligence and care, ensuring that your application is submitted correctly and followed up to application approval. Step 4A due diligence report is issued to the government for approval. Once your application is accepted you are invited to settle the investment requirements.
Benefits Of Saint Lucia Citizenship
Any foreigners who buys a property above $250,000 are entitled to Turkish citizenship and passport, along with their family members. The falling prices of Turkish lira brings real estate prices cheaper at this time. St Kitts, located in the Eastern Caribbean, was the first to offer citizenship by investment in 1984, but many more countries have joined those ranks since then.
Each sibling receives an additional USD 20,000, and each additional dependant receives an additional USD 10,000. There are four types of investment that qualify an individual for citizenship under the St Lucia Citizenship by Investment Program. There is road accessibility resident permit turkey and utilities are nearby making this property ideal for our CBI requirements following governmental approval and planning permission. One such example is a 59 acre property situated in the tranquil area in Beausejour, Gros-Islet, in the north west coast of St Lucia.
St Lucia is the only one of the five Caribbean countries to offer investors the opportunity to buy government bonds in order to obtain a second citizenship. Until 31 December 2021, investors can take advantage of the special offer on the option and save $250,000. The main applicant must remit the required funds for the qualifying option within 90 calendar days after notice of approval of their application. A successful applicant shall sign the oath or affirmation of allegiance before an attorney-at-law, notary royal, or notary public. The minister may, by order, revoke a grant of citizenship in exceptional circumstances as may be deemed necessary.
Mrs. Brenda Floissac Fleming is an esteemed professional, very responsive and well prepared. Further, she is practical and helped us dearly to smoothly navigate the citizenship by investment and passport applications. Investors can gain residency in Greece through real estate investment of €250,00.
Three of them enable investors to recover their money after 5 years. St Lucia citizenship by investment program as it is now was established in 2015. Parents or grandparents of the main applicant and spouse above the age of 55 living with and fully supported by the main applicant. A child of the main applicant or spouse who is physically or mentally challenged.
— The Minister shall, after consultation with Cabinet, from time to time, approve a real estate project as a qualifying investment, as set out in Schedule 3. The option to invest in the Saint Lucia’s National Economic Fund, in real estate, in an enterprise project, or in Governmental bonds. St Lucia passport is ranked No 37 best passport in world passport rankings with visa free travel to 125 countries in the world according a survey Henley visa restrictions index 2016. The visa free travel access includes United Kingdom, European schengen states such as Germany, France, Switzerland, Ireland etc. Economic Citizens of Saint Lucia still need visa to travel to Canada and United States.