COUNTRY PROFILE
• Capital: Castries
• Population: 178,000
• Area: 616 sq km (238 sq miles)
• Major language: English (official), French patois
• Major religion: Christianity
• Life expectancy: 72 (men) 78 (women)
• Currency: East Caribbean dollar (EC$ or XCD)
• Exchange Rate (as of May 2018): US$ 1.00 = 2.70 EC$ / XCD
Named after St. Lucy, a Roman Catholic Saint, the island of Saint Lucia is located in the Atlantic Ocean in the Caribbean. This volcanic island is part of the Windward Island and situated close to the islands of Martinique and St. Vincent. The island is famous for its 2 volcanic mountain caps – “The Pitons” based in a World Heritage Site. Also, it boasts the world’s only drive-in volcano.
The St Lucia Citizenship by Investment Program, also known as St Lucia CIP, is a respected and government approved program. There are no capital gains or inheritance taxes in St. Lucia. You will not be taxed on worldwide income if you’re simply holding a citizenship and are not a resident of St. Lucia. Property tax is levied on all properties.
| Type of Program | Citizenship by investment. |
| Type of Investment’s | 1. Donation to the National Economic Fund (NEF) 2. Investment in an approved Real Estate project 3. Investment in an approved Enterprise Project 4. Purchase of non-interest-bearing Government Bonds |
| Minimum Investment | (1) NEF Donation: USD 100 000 for a Single applicant USD 165,000 for an applicant and spouse; USD 190,000 for an applicant and spouse with up to 2 dependents USD 25,000 for each additional dependent any age (2) Real Estate: (5 year holding period) Plus Government Fees: (3) Enterprise Project: (4) Government Bonds: (5 years holding period) Plus Government Fees: |
| Dual Nationality Permitted | Yes. |
| Personal Visit Required | No |
| Minimum Stay | To residence or minimum stay requirements. |
| Capital Gains Taxes | None. |
| Personal Income Taxes | No |
| Business & Corporate Taxes | Yes. For businesses registered and operating in St. Lucia. |
| Property Taxes | Yes. For property owned in Saint Lucia. |
| Processing Time | 4 months |
| Passport Validity | 10 years. |
| Restricted Countries | Iran |
| Visa Free Travel | 129 countries |
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