The one-step, direct-naturalization passport immigration program is becoming more and more popular among specific high-net-worth people.
At present, the mainstream passport immigration programs in the market, including St. Kitts, St. Lucia, Antigua, Dominica, Grenada, Turkey, Vanuatu, Malta, etc., all have bills or decrees to support, but the difficulty of applying is different.
Among the above 8 passports, St. Kitts is the most well-known and the first country to introduce a citizenship by investment bill, which was issued in 1984 and has been running smoothly for 40 years.
However, in 2023, the St. Kitts project ushered in a doubling of the price increase, and the minimum threshold rose to $250,000.
The three cores of the citizenship by investment program: cost-effective, fast, and functional.
St. Kitts' value for money no longer exists, so there is another country that is highly similar to St. Kitts that is worth knowingSaint Lucia
Saint Lucia is located in the middle of the Windward Islands in the Eastern Caribbean Sea, which was colonized by the British in the early days and became a member of the Commonwealth after declaring independence, so Saint Lucia's passport is alsoCommonwealth passport
Commonwealth passportThe biggest value is that there are many visa-free countries, at least more than 130 countries and regions around the world can be visa-free. For frequent business travelers, a Commonwealth passport offers a great advantage in terms of travel convenience.
Saint Lucia Immigration Advantage
Cost-effective:The minimum cost starts at $130,000, which is almost half of St. Kitts'.
The conditions are simple:The threshold is low, and there are no requirements for language, education, and capital management experience.
Fast Track Naturalization:The success rate is high, the processing speed is fast, and you can directly get the passport of the Commonwealth country in about 6 months, and the whole family can get citizenship.
Travel the world :Visa-free and visa-on-arrival to 160 countries and regions around the world, including some European Union, Schengen countries, Hong Kong, Macau, Singapore, South Korea, etc.
No Immigration Supervisor:No landing, no residency requirements, no inspection, first approval before investment.
Tax Planning:It is conducive to asset allocation, a tax haven, and there is no personal income tax, capital gains tax, net worth tax, inheritance tax and gift tax.
Saint Lucia Citizenship by Investment Policy
The Saint Lucia Citizenship by Investment Program was launched in 2015 and requires applicants to make a significant economic contribution to Saint Lucia, in one of four ways:
1. A non-refundable donation of $100,000 to the national economy** for a single applicant;
2. Purchase real estate valued at least $200,000 from an approved real estate development project and must hold it for at least five years;
3. Participate in an approved corporate project with a minimum investment of $3.5 million and create no less than three permanent jobs. Or, a joint contribution of $6 million;
4. Invest in interest-free** bonds with a minimum value of $300,000 (plus $50,000 management fee), which must be held for at least five years;
Saint Lucia passport application conditions
Main applicant
1. The main applicant is at least 18 years old;
2. Provide health certificate and certificate of no criminal record;
3. Meet the investment requirements.
4. Bank recommendation letter;
5. Contract or supporting documents for the proposed investment naturalization project;
Dependent applicants
1. The spouse of the main applicant;
2. Children under the age of 18 of the main applicant or his/her spouse;
3. If the children of the main applicant or his/her spouse are over 18 years old or under 30 years old, they must be full-time students, and the tuition and living expenses shall be borne by the main applicant;
4. Parents over the age of 55 who live with the main applicant and are fully supported by him/her;
5. Children or parents of the main applicant or his/her spouse who are physically or mentally disabled and fully supported by the main applicant.
6. The main applicant's younger siblings under the age of 18 (with the permission of their parents).
Saint Lucia passport