Whenever people hear about getting citizenship, they subconsciously think about tons of documents and years of effort. However, the issue is not that complicated, and Astons is here to prove it. Being a leading investment immigration firm with over 30 years of experience, the company offers tailored residence and citizenship solutions across the EU and the Caribbean.
Have you ever heard of Saint Lucia citizenship by investment (CBI)? Some people know Saint Lucia by the name of a popular song, which is also a stunning island nation in the Caribbean. Launched in 2016, St. Lucia’s CBI program is one of the most affordable and flexible options allowing one to get citizenship in return for investing in the country. This program is a great choice for those who seek visa-free travel to more than 140 countries and a second passport. Here’s a complete guide to the program.
Main Investment Options
There are four options to choose from:
- National Economic Fund Contribution (NEF). It is the simplest option. The minimum investment amount is $100,000 for a single person, $140,000 for a couple, and $150,000 for a family of four or less.
- Real Estate Investment. Candidates can make a minimum investment amount of $200,000 in government-authorized property developments. The investment has to be held for a minimum of five years.
- Business Venture Investment. It requires a $3.5 million investment in an approved venture project to create at least three permanent jobs. For joint ventures, the total investment amount is $6 million, with each candidate contributing at least $1 million.
- Government Bonds. The purchase of government bonds is another option. The minimum investment amount is $500,000, and the assets have to be held for a minimum of five years.
Criteria for Application
To obtain citizenship, candidates must meet the following criteria:
- Be 18+ years old;
- Have no criminal record;
- Pass a rigorous due diligence check;
- Make the necessary investments in one of the categories above;
- Be in good health.
Application Process
The application process lasts 3-4 months and includes the following steps:
- All applications must be submitted through a provided agent, who will guide you through the process, ensuring all documents are correctly completed and submitted.
- The agent will submit your application, along with the necessary documents and proof of investment. Don’t forget about the diligence fee.
- Once your application is approved, you will receive a notification to make the investment, after which a certificate of citizenship is issued.
Finally, you are eligible to apply for your document, which is usually issued within a few weeks.
