Saint Lucia Citizenship Program Responds to The Pandemic With a Covid-19 Relief Bond and Other Major Reductions

The Saint Lucia Citizenship by Investment Unit has announced effective immediately, wide-ranging reductions and other attractive changes to most options under its Citizenship by Investment Program. See program updates below

COVID – 19 RELIEF BOND
Offer Valid Until 31 December 2020
Investment in Government Bond starts at $250,000.00 (a discount of 50%)
The Investment amount in the Bond is refunded in full at the end of the holding period
Processing Fees are waived
Holding Period is 5-7 years
Investment is to be made only after approval is granted
Administrative Fee is discounted by 40%

DONATION OPTION: NATIONAL ECONOMIC FUND
The Donation Option has normally been especially attractive to single applicants as the contribution amount is only $100,000.00. The changes have resulted in a reduction in the donation amounts payable by families and newborn babies as follows:
Main Applicant and Spouse: $140,000.00
Family of Four (4) Persons: $150,000.00
Newborn Child 12 months and younger: $500.00 (previously $10,000.00)
Donation is to be made only after approval is granted

REAL ESTATE OPTION
A waiver of Administrative Fees starting at $75,000.00 has been introduced for eligible applicants investing in real estate projects with embedded educational institutions.