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St.Lucia Implements Price Increase from July 1

Best CitizenshipsUpdated 1 min read
CIP Saint Lucia

The Saint Lucia Citizenship by Investment Unit (“The Unit”) in a memo sent to agents and stakeholders, wishes to inform of changes to the minimum legislative prices of qualifying investment options effective July 1, 2024. These adjustments are in keeping with the Memorandum of Agreement signed between the five OECS territories operating Citizenship by Investment Programmes which calls for a minimum investment threshold of US two hundred thousand dollars (USD 200,000.00).

As a signatory to the agreement, Saint Lucia will be making the following changes effective July 1, 2024

Potential Investors who already applied to make last minute application under the $100,000 pricing, who have paid fees, have until Jun 30 to apply.

New Pricing from July 1, 2024

Saint Lucia National Economic Fund

  • Applicant applying with up to three qualifying dependents – US$240,000
  • Each additional qualifying dependent (under 18 years of age) – $10,000
  • Each additional qualifying dependent (above 18 years of age) – $20,000
  • Newborn child of a citizen who is 12 months of age or below – $5,000
  • Spouse of a citizen – $35,000
  • Qualifying dependents of a citizen other than a spouse – $25,000

Real Estate (Approved Project)

  • Applicant with any dependent – USD 300,000 plus administrative fees.

Enterprise Project (Approved)

Applicant with upto 3 dependents – USD 250,000 plus administration fees

Please contact us for more information.

Written by

Best Citizenships

Mr. Prabhu Balakrishnan, is the Founder and CEO of Best Citizenships. World's Leading expert in citizenship and residence by investment programs 15+ years experience with high net worth clients. Founded several startup brands for CBI industry. A Pioneer advocating Global mobility with dual Citizenship. Other interests include migration, computers, finance, travel, startups and crypto.

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