A stamp of approval

The Saint Lucia Citizenship by Investment Programme carefully selects Real Estate Projects that meet the criteria as an investment vehicle for citizenship applicants. The real estate project must be:

1. A high-end branded hotel or resort;

2. A high-end boutique property;

3. Any other project that the Minister, on recommendation of the Saint Lucia Citizenship by Investment Board and after consultation with Cabinet, considers necessary.

A real estate project should:  

• Serve to enhance “Brand Saint Lucia”, while promoting the best attributes of the island.

• Support the country’s sustainable development objectives, through overall wealth creation, social equity and environmental sustainability.

• Be predicated on clearly viable commercial, operational and financial proposals particularly where government incentives and public sector facilitation are required.

• Result in sustainable and significant job creation.

• Enhance economic, technological, environmental and social transformation as a way of improving the well-being and quality of life of Saint Lucians.

• Approval from the Ministry of Economic Development, Housing, Urban Renewal, Transport and Civil Aviation specifically, the Physical Planning Section should be obtained in principle.

• Be realistic, implementable and sustainable.

• Be transparent and able to withstand full legal, financial, economic and ethical scrutiny.

• Assist in furthering Saint Lucia’s economic and social development goals.

• Have clearly determined source of funds and not be reliant on speculation.

• Have estimated profitability of the venture that would not require Government or public sector support.

• Have a full and acceptable project feasibility study as part of the application/proposal.

Definitions

For the purposes of the Saint Lucia Citizenship by Investment Programme, a high-end branded hotel or resort is defined as a hotel or resort which has:

• A minimum of 70+ rooms;

• A 4 or 5-star rating;

• A recognised brand name with a significant international distribution network.

AND which provides:

• Sophisticated, upmarket amenities and luxury accommodations;

• 4 or 5-star service quality standards as defined by established international hospitality criteria.

For the purposes of the Saint Lucia Citizenship by Investment Programme, a high-end boutique property is defined as one which is:

• Small and intimate with 20–70 rooms;

• Characterised by hands-on, personal service with a high staff-to-guest ratio;

• Located in a unique setting;

• Upscale with sophisticated accommodation standards;

• Committed to maximising local content.

Qualifying Investment Amount & Other Fees

Applicant – US$300,000

+ Non-refundable administration and processing fee- 

Applicant alone – US$30, 000

Applicant with spouse – US$45,000

Each qualifying dependent (18 years of age and over) – US$ 10,000

Each qualifying dependent (under 18 years of age) – US$ 5,000

Any additional dependent of any age above family of 4 – US10,000

Additional Fees

Due Diligence Fees & Background Check Fees

Applicant alone- US$7,500

Each qualifying dependent over 16 years of age – US$5,000

Real Estate Project Guidelines

The Real Estate Project Guidelines outline the process for individuals and companies seeking to get a project approved. 

Real Estate Project Proposal Checklist

The checklist gives details of all documents needed for the processing of getting a development project approved and to be regarded as a Saint Lucia Citizenship by Investment Programme project.

Director Profile

Shareholder Profile

Statutory Declaration

Bank Account Information for Payment of Fees