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Saint Lucia amends CBI Act

Prabhu Balakrishnan Avatar
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Saint Lucia has amended Citizenship By Investment Act 2019 allowing the possibility of citizenship holders include dependants within 5 years post granting citizenship.

 

CIP Saint Lucia invites CBI applicants to invest in non-interest bearing government bonds USD 500,000.

 

The bond investment is the cheapest compared to donation option. Financing  possible for certain applicants, the client has to pay only pay government bond fee, plus due diligence fee.

 

Bond Fee

 

  • Applicant applying alone: US$ 0
  • Applicant applying with spouse: US$35,000
  • Applicant applying with spouse and up to two (2) other qualifying dependants: US$50,000
  • Each additional qualifying dependant: US$25,000

 

Other fee:

  • Processing fee: $2000 per application plus $1000 per dependant
  • Due diligence fee: $7500 (main) and $5000 for other dependants

 

 

Government of Saint Lucia’s Bonds are issued under the National Savings and Development Bonds Act Ch.15.25 of 2005 of the Revised Laws of Saint Lucia.