2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

Schedule 1

(Regulations 4(3), 5(2), 6, 10 and 13)

FEES

1.   Authorised agent and Promoter fees
Non-refundable administration fee – Purchase
of non-interest bearing Government Bonds
US$ 50,000
Non-refundable application fee – Authorised agentUS$ 1,000
Non-refundable application fee – PromoterUS$ 500
Annual licence fee – Authorised agentUS$ 10,000
Annual licence fee – PromoterUS$   5,000
2.   Marketing agent fees
Annual licence fee – Marketing agentUS$ 30,000
3.   Due diligence and background checks fees
ApplicantUS$ 8,000
Each qualifying dependent over 16 years of ageUS$ 5,000
4.   Non-refundable processing fees (not applicable for an applicant who intends to make an investment in an approved real estate project)
ApplicantUS$ 2,000
Each qualifying dependentUS$ 1,000
5.   Non-refundable administration fees
(a)     Fees applicable for an enterprise project investment under Options 1 and 2 in Schedule 2
     Applicant applying aloneUS$ 50,000
     Each qualifying dependant (under 18 years of age)US$ 25,000
     Each qualifying dependant (18 years of age and over)US$ 35,000
(b)     Fees applicable for an enterprise project investment under Option 3
     Applicant applying aloneUS$15,000
     Applicant and one qualifying dependantUS$20,000
     Applicant and two qualifying dependantsUS$25,000
     Applicant with three qualifying dependants or moreUS$30,000
6.   Non-refundable administration fees (applicable for an approved real estate project)
Applicant applying aloneUS$ 30,000
Applicant applying with spouse aloneUS$ 45,000
Each additional qualifying dependant (under 18 years of age)US$ 5,000
Each additional qualifying dependant (18 years of age and over)US$ 10,000
Applicant applying with spouse and more than four qualifying dependantsUS$10,000 for each additional qualifying dependant of any age
7.   Non-refundable administration fee for an investment by the purchase of Government bonds
Non-refundable administration fee for an investment
by the purchase of Government bonds under
regulation 12(3)
US$ 30,000
8.   Replacement fee for lost certificate
Replacement fee for a lost Certificate of RegistrationUS$ 1,00

(Amended by S.I. 1/2017, by S.I. 48/2019, by S.I. 73/2020 and by S.I. 162/2023)