Citizenship through property ownership
St lucia grants citizenship to investors against property ownership in high end hotels, resorts and boutique properties of $300,000 or more.
The applicant is required to execute a binding purchase and sales agreement for an investment in an approved real estate project. Investments, equalling the agreed purchase price, are deposited in an approved irrevocable escrow account managed jointly by the developer and the Citizenship by Investment Unit in Saint Lucia.
The Government of Saint Lucia has approved three real estate projects under CIP Saint Lucia until now. Processing time is 3 months.
The following fees have been prescribed under the Citizenship by Investment Regulations of 2015.
1. Non-refundable processing fees
2. Non-refundable administration fees
(applicable for an approved real estate or enterprise project investment)
3. Due diligence fees