Become an Authorized Agent

The following guidelines are made subject to Section 31 of the Citizenship by Investment Act No. 14 of 2015 (‘‘the Act’’) and Regulation 6 of the Citizenship by Investment Regulations No. 89 of 2015 (‘‘the Regulations’’) to guide the operation of the Citizenship by Investment Unit (‘‘the Unit’’).

The applicant to be an Authorized Agent MUST:

• Until further notice, have maintained a place of business in Saint Lucia for a continuous period of five years immediately preceding the date of application.
  
  For our purposes, the above requirement means that the Authorised Agent must have engaged in any business related activity which has maintained a place of business in Saint Lucia for a continuous period of five years immediately prior to the date of this application. Proof of this includes:
  
  - Contract(s) or other proof of employment with an established business entity/entities over a continuous period of five years immediately preceding the date of this application.
  
  - The Incorporation documents for a company of which the Authorised Agent is a Director along with the annual returns of that company filed over the last 5 years immediately prior to the date of this application.
  
  - A combination of a and b as formerly stated.

• In the case of an individual provide a statutory declaration.
• Provide a reference letter from a banker
• Provide a certificate of good standing from any professional body to which he/she belongs or where such is not applicable provide a reference from a business associate or independent professional (e.g. lawyer, accountant) personally known to the Applicant for at least five years.
• Be tax and NIC compliant;    
• Be eligible to work in Saint Lucia;
• In the case of a company, provide audited financial statements for the period immediately preceding the date of application;
• In the case of a company and until further notice, provide proof that every director has been permanently resident in Saint Lucia for a continuous period of five years immediately preceding the date of application.
• In the case of a company or partnership, produce the requisite incorporation documents and certificates of registration as mandated by the Laws of Saint Lucia.   
• Retain the services of a chartered accountant; 
• Have an agreement with ALL persons acting on behalf of or in conjunction with the Authorized Agent binding such persons to the provisions of the Act, Regulations and the guidelines issued by the CIB.
• Notify the Unit forthwith of any changes of directors, partners and shareholders.  
• Undergo a due diligence background check. 

The applicant to be Authorized Agent MAY:

• Be a company, partnership or individual;
• Have legally operated as an Authorized Agent for a Citizenship by Investment Programme in another jurisdiction and have had a place of business in Saint Lucia for a continuous period of five years immediately preceding the application;

The applicant to be an Authorized Agent MUST NOT: 

• In the applicant's case, or the case of any of its associates,  have a criminal record;
• In the applicant's case, or the case of any of its associates, be bankrupt;
• Have had any licence revoked for any other Citizenship by Investment Programme.

Application Process:

• All application forms MUST be submitted in electronic form and printed copy. 
• Supporting documents must be attached to applications before they can be processed by the Unit. 
• All applications must be accompanied by the $1000 USD application fee to be considered.
• All fees MUST be paid directly into the Bank of Saint Lucia account of the Citizenship by Investment Board.   The deposit slip clearly showing the name of the depositor and the date of the deposit must be attached to the application as evidence that the fees have been paid.

Issuance of Authorized Agent Licence:

• The annual licence fee of $10,000 USD will become due within 14 days of notice of approval;
• The annual licence fee of $10, 000 USD will ordinarily be due on January 1st of each calendar year and will be prorated when paid during the course of the year;  
• The Authorized Agent Licence shall be revoked if the annual licence fee remains unpaid for  fourteen (14) calendar days after it has become due; 
• The Authorized Agent will be required to sign a written agreement with the Citizenship by Investment Board, agreeing to adhere to the terms and conditions of the Unit, among other things; 
• An Authorized Agent's Licence will be revoked if the ability, resources, experience or integrity of the Authorized Agent has fallen below the standard that may reasonably be expected. 

Renewal of Authorized Agent Licence:

• The Authorized Agent Licence will become due for renewal on an annual basis;
• The application for renewal must be made on the prescribed form; 
• The Authorized Agent will be subject to a rigorous review of their performance and suitability for continued involvement with the Citizenship by Investment Programme before the decision to renew the license is made.  The review will be conducted against a set of published criteria. 

Authorized Agents Package