Rasheed Alkhanji QICMS
Published 12:40 PM 12 January 2022
Updated 05:06 PM 14 January 2022
ST. LUCIA EXTENDS COVID-19 RELIEF BOND OPTION DEADLINE
St. Lucia has approved the extension of The Special COVID-19 Relief Bond for an additional one-year period. The revised expiry date is now December 31, 2022.
This offer gives potential investors the chance to buy a non-interest-bearing government bond for just USD $250,000, which is half of the original price of its usual bond investment.
The Citizenship by Investment Unit of St. Lucia has announced that it will extend the limited-time offer on its COVID-19 Relief Bond option for investors who wish to attain the Caribbean nation’s citizenship and passport through investment. The extension will be for an entire year, ending on December 31 2022, meaning until then applicants can benefit and invest in the bond option a refundable amount starting at USD $250,000 to qualify for citizenship for themselves and their family members.
1. CAN YOU OBTAIN CITIZENSHIP IN SAINT LUCIA? CAN YOU BUY CITIZENSHIP IN ST. LUCIA?
Yes, you can through the St. Lucia Citizenship by Investment Program. Since 2015, Saint Lucia has been offering foreign investors to invest in the country and receive citizenship and a passport in return.
2. IS SAINT LUCIA PASSPORT POWERFUL? WHERE CAN ST. LUCIANS TRAVEL WITHOUT A VISA?
Saint Lucian citizens have visa-free or visa on arrival access to 146 countries and territories including: the UK, EU, Singapore and Hong Kong.
3. IS ST. LUCIA CITIZENSHIP WORTH IT? WHAT ARE THE BENEFITS OF OBTAINING A SAINT LUCIA PASSPORT?
Like most CBI programs, Saint Lucia allows the main applicant to include their spouse and children under 31 under one family application. Also, a major attraction of Saint Lucia’s CBI program is the fact that there is no language test or requirement to reside in Saint Lucia. Also, the CIP may include in the application: Applicants are able to include siblings under 18, and parents aged 56 and over, as well as to add dependents after they have been granted citizenship.
4. DOES ST. LUCIA ALLOW DUAL CITIZENSHIP?
There are no restrictions on dual citizenship in St. Lucia.
5. HOW MUCH DOES CITIZENSHIP BY INVESTMENT COST IN ST. LUCIA?
The Citizenship by Investment program on offer allows a single investor to acquire St. Lucia citizenship in return for a donation of USD $100,000.
6. HOW TO GET ST. LUCIAN CITIZENSHIP AT HALF THE COST? ST. LUCIAN CITIZENSHIP AT A 50 PER CENT DISCOUNT?
The applicant fees, qualifying investment sums and bond holding periods for the Special COVID-19 Relief Bond shall continue as presently exists. Namely:
Payments made to CIU before submission:
Due Diligence Principal Applicant USD $ 7,500
Due Diligence Spouse USD $ 5,000
Due Diligence Dependents> 16 USD $ 5,000
Processing Fee For All Applicants (fees waived) USD $ 0
Payments made to the CIU after approval:
Administration Fees USD $ 30,000
Main Applicant (5-year hold) USD $ 250,000
Applicant With 1 Dependent (6-year hold) USD $ 250,000
Applicant With Up To 4 Dependents (7-year hold) USD $ 250,000
Applicant With Up To 4 Dependents (5-year hold) USD $ 300,000
Each Additional Dependent USD $ +15,000
7. WHAT ARE THE INVESTMENT OPTIONS FOR ST. LUCIA CITIZENSHIP BY INVESTMENT PROGRAM?
St. Lucia offers citizenship only to selective individuals. The following investments qualify for immediate passport, under the St. Lucia citizenship program:
One time donation to National Economic Fund (USD $100,000) .
Real estate Investment (USD $300,000 in hotels, resorts, boutiques) .
Covid-19 Government Bonds (USD $250,000) Limited Time Offer until Dec 31, 2022.
Government bonds (USD $500,000) with 5 year holding period .
Direct business investment (USD $3,500,000) on enterprise projects.
In addition to the investment amount, additional fees are involved such as Government fee, due diligence fee, application fee, processing fee etc.
8. IS THIS THE END FOR ST. LUCIA CITIZENSHIP BY INVESTMENT COVID-19 RELIEF BONDS OFFER?
St. Lucia’s Citizenship by Invest Program announced that it has extended its special COVID-19 offer through the end of 2022.
The Cabinet of Ministers of Saint Lucia has approved the extension of the COVID-19 RELIEF Bonds offer for one more year until December 31, 2022.Amendments to the legislation will be made shortly and in 2022 the country expects to continue receiving applications for COVID-19 RELIEF Bonds.
SAINT LUCIA CITIZENSHIP BY INVESTMENT - YOUR 2ND PASSPORT
The St. Lucia Citizenship-by-Investment Program (CIP) is the only one of its kind in the world to offer bonds as the qualifying investment. This option requires the purchase of non-interest-bearing bonds at a value of USD $250,000 for a family up to four.
The Saint Lucia limited time COVID-19 RELIEF Bonds offer will remain open and last applications will be received until Dec 31, 2022 after this date the COVID-19 RELIEF Bonds offer will be permanently closed.
As a specialized second citizenship firm, we here at QICMS Immigration Services seek to help investors acquire St. Lucia citizenship and passport without any hassles. We have the global overview and expertise to direct citizenship aspirants to citizenship by investment programs that are suited to their requirements.
If you have any questions concerning the Saint Lucia citizenship by Investment Program or have a pending Saint Lucia citizenship by Investment application and want to find out more information, please kindly contact us.
With just twelve (12) months to go until Saint Lucia’s Citizenship by Investment program COVID-19 RELIEF Bonds offer closes, we urge potential applicants to initiate their application sooner, rather than later to meet this pending deadline.
Fill out our Free Assessment to obtain St. Lucia Citizenship or to see if you qualify for any of the immigration programs offered.