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St. Lucia is a stunning island country. It is the only independent country with a female name. St. Lucia has acquired the title of “Helen of the West Indies” for her breathtaking beauty. It is known for its white sand beaches, emerald jungle, and fragrant spring. The lush vegetation and welcoming seas that surround this island add to its attractiveness. The island represents passion and adventure.
The St. Lucia Citizenship by Investment Act’s section 33, which established the Economic Diversification Fund (EDF), establishes the National Economic Fund. This fund was only established to lure foreign investment to support public projects and reward it with citizenship.
The following is the amount that NEF will contribute to St. Lucia’s Citizenship by Investing program:
With this option, anyone can become a citizen of Saint Lucia by investing in real estate with a minimum value of $300,000.
The St. Lucian government must accept the investor’s real estate purchase for them to qualify for St. Lucia citizenship through investment. Also, the investor must hold onto the property for five years.
A participant in the St. Lucia Citizenship by Investment program is eligible to get St. Lucian citizenship by investing in a project that has been pre-approved and that will result in the creation of at least three jobs. For joint investments, each applicant must contribute at least $1 million, the project as a whole must be worth $6 million, and it must result in the creation of at least 6 permanent jobs.
Advantages of St. Lucia Citizenship by Investment Program
No Stay Requirement: Under the Dominica citizenship by investment program, there is no physical residency requirement.
Stable Environment: St. Lucia enjoys membership in the Organization of Eastern Caribbean States (OECS), the Commonwealth of Nations, the Caribbean Community (CARICOM), and the International Organization of La Francophonie. St. Lucia is a very stable island because it belongs to such a prominent organization.
A skilled group of immigration experts and solicitors based in Dubai, Significant Consultant offers services to the entire Middle East and is supported by a wealth of experience. Our goal is to offer clients hassle-free, quick, easy, and client-focused immigration services.