St Lucia has published annual report on the citizenship by investment program which was launched in 2015. The CIP St Lucia welcomed 568 new citizens who chose to invest in Saint Lucia. The CIP program The Programme to date, has now contributed XCD$187,5 million so far since its inception.
The fiscal year 2020-2021, can be termed as one of the most successful years for the CIP in terms of revenue and growth in applications, in almost all the investment options available for citizenship. Overall, it has been the best year on record from since inception. In 2020-2021, CIP Saint Lucia ranked No. 1 within the Caribbean region for efficiency in processing citizenship applications
The NEF donation fund remains the most popular investment route but lately real estate and bonds have kindled more interest among investors. Since the launch of Covid bonds scheme issued at 50% discount, 65 applications were received in 2020/21. The real estate also received 82 applications during the same period highest among all years.
|Investment Route||Donation||Bonds||Real Estate|
Source: CIP Saint Lucia Annual Report
For the fiscal year, a total of twenty-five (25) bonds had been purchased, bringing a total cash inflow of XCD$17,863,089 to the Government of Saint Lucia. The Bond option also calls for the payment of an administrative fee. For the twenty-five (25) bonds sold for the fiscal period 2020- 2021, the CIP Unit was able to realize a cash inflow of XCD$2,025,000.
St Lucia CIP remains very popular among chinese, americans and nigerians. Below are Applications approved by country of birth (2020-2021)
- China – 129
- Nigeria – 48
- United States – 30
- Russia – 17
- India – 9