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St Lucia Citizenship by Investment
Saint Lucia is a Caribbean island located north of Trinidad and Tobago. The country has been an independent state since 1979 and is a member of the Commonwealth Realm. The Saint Lucia citizenship by investment programme was launched in 2016 to promote and attract foreign direct investment on the island. The CIP overlooks and regulates the citizenship by investment programme in Saint Lucia.The programme offers a unique opportunity to invest in government securities and is popular amongst applicants wishing to make a low risk investment in a government owned asset. An investor may also qualify for citizenship by making a donation in a government fund or investment in real estate.
The economy of St Lucia is mainly based on tourism and its offshore banking services. The country exports various products such as bananas, mangoes and avocados. Tourism is known to account for 50% of St Lucia’s gross domestic product. The official currency on the island is the Eastern Caribbean dollar, which is pegged to the US dollar.
Applicants may choose one of the following investments:
AIM Capital Partners will require clients to scan all documents to their client relationship manager in order to ensure the documents have been prepared in the correct manner. Guidance will be provided to the applicant throughout the process.
Thereafter, the team will prepare your application and submit it to the citizenship unit.
The government will carry out a strict due diligence on each applicant and receive reports from several due diligence agencies in order to ensure all applicants are of good character. This process will take approximately around 2- 3 months.
The citizenship unit will meet to assess the due diligence results and citizenship application. Thereafter, the unit will inform AIM Capital Partners whether the application has been approved or disapproved.
If the application is successful, the application will be approved in principal.