Recently, the Department of Citizenship by Investment of Saint Lucia announced that they will close the Covid-19 relief bond program on December 31, 2022, and that there will be no further extensions to the program.
Originally launched in May 2020, the Covid-19 Relief Bond helps the island protect the country from the impending financial impact of the pandemic. Initially, the program only ran for one year, but due to its success and popularity, the limited-time offer was extended for another two years and now expires in December 2022.
- For investors, there is no longer a discount to apply for Saint Lucia citizenship at a low cost starting at $250,000.
The turbulent situation has increased the need for citizenship by investment programs around the world during the pandemic, and more and more people are thinking about how to secure their future in terms of mobility, medical care, safety and finance.
The Saint Lucia CIP does not require landing, there is no immigration supervision, and in response to the new crown epidemic, the Saint Lucia Citizenship by Investment Department has started remote work since March 24, 2020, and began accepting online applications for the investment immigration program. The safe and convenient Saint Lucia identity investment is loved by the public.
Saint Lucia citizenship by investment
The Saint Lucia Citizenship by Investment Program was launched by the government on January 1, 2016. Applicants can apply for the Saint Lucia Citizenship Program through three main investment pathways: donations, real estate investments, and government bond investments. Successful applicants will receive a Saint Lucia passport, which will allow them to travel visa-free to more than a hundred countries worldwide.
1. Donate
The minimum investment required for a single applicant is $100,000, $165,000 for a couple and $190,000 for a family of four.
2. Real estate investment
Purchase of a government-designated property Canelles Resort, starting at $300,000 and holding it for 5 years, three generations of a family can get the same status.
3. Bonds
Temporary bonds were introduced in May 2020, giving single applicants the option of depositing at least $250,000 into refundable government bonds or $300,000 for family applications. The bond has a minimum holding period of five years, after which funds can be returned to investors at 0% interest. This is a limited-time offer that expires in December 2022.
Having a second identity has now become an integral part of all aspects of investment, life, education and so on, and the reason why Saint Lucia status is popular is the low application requirements and the convenience of online processing.
As a tourism real estate project designated by the Saint Lucia government with investment and citizenship qualifications, Canelles Resort has aroused strong repercussions in the industry since its launch. With its exclusive global identity, prime location, complete facilities, unique design concept and strong partner, AM Hotel Management Group, Canelles Resort is invincible in terms of appreciation and makes your investment more secure.
Advantages of investing in Saint Lucia
Travel the world
Saint Lucia passport allows visa-free/visa-on-arrival travel to 154 countries.
Tax incentives
Saint Lucia's non-global taxation provides investors with a favorable tax regime while providing access to global markets and opportunities for diversified portfolio and wealth planning.
Quality education
Saint Lucia is a member of the Commonwealth and follows the Commonwealth education system, and children holding Saint Lucia passports can receive a pure and high-quality international education; You can also enjoy foreign education with your foreign status, and the process when applying to a famous foreign school is simpler; As an international student, you can enter Peking University and Tsinghua University without examination.
Retirement
Saint Lucia's beautiful scenery and stable political environment allow investors to live a peaceful and stable life in a safe environment.
Saint Lucia has always attracted global investors with its Commonwealth status and education system, friendly tax rates and powerful passport function, allowing investors to quickly start a new international lifestyle. It can be said that now is a good time to invest in Saint Lucia.