2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

Schedule 2

(Regulations 8, 9, 10, 11 and 12)

QUALIFYING INVESTMENTS

1.   Investment in the Saint Lucia National Economic Fund
On approval of an application by means of an investment in the Saint Lucia National Economic Fund, the following minimum investment is required:
Applicant applying aloneUS$ 100,000
Applicant applying with spouseUS$ 140,000
Applicant applying with a spouse and up to two other qualifying dependantsUS$ 150,000
Each additional qualifying dependant of an applicant applying with a spouse and two other qualifying dependantsUS$ 15,000
Each additional qualifying dependantUS$ 25,000
New-born child of a citizen who is twelve months of age or belowUS$ 500
Spouse of a citizenUS$ 35,000
Qualifying dependants of a citizen other than a spouseUS$ 25,000
2.   Investment in an approved real estate project
On approval of an application by means of an investment in an approved real estate project, the following minimum investment is required:
ApplicantUS$ 300,000
Each additional qualifying dependant, of any ageApplicable processing and administration fees
3.   Investment in an approved enterprise project
On approval of an application by means of an investment in an approved enterprise project, the following minimum investment is required:
Option 1: ApplicantUS$ 3,500,000
(plus no less than
3 permanent jobs)
Option 2:US$ 6,000,000
(plus no less than
6 permanent jobs)
(a)     More than one applicant in a joint investment
(b)     Each applicant to contribute a minimum ofUS$1,000,000
(c)     Each additional qualifying dependant, of any ageApplicable processing and administration fees
Option 3:
(a)     Applicant only
(b)     Applicant and—
     (i)     up to three qualifying dependants,
of any age, and
US$150,000
     (ii)     each additional qualifying dependant
(more than three), of any age
US$10,000
4.  (a)  Investment by the purchase of Government bonds under regulation 12(1) of the Citizenship by Investment Regulations, Cap. 1.20
On approval of an application by means of an investment in Government bonds the following minimum investment is required:
Investment AmountBond Holding Period
(i)     applicant applying aloneUS$ 500,0005 years
(ii)     applicant applying with spouseUS$ 535,0005 years
(iii)     applicant applying with spouse and up to two other qualifying dependantsUS$ 550,0005 years
(iv)     each additional qualifying dependantUS$ 25,0005 years
4.  (b)  Investment by the purchase of Government bonds under regulation 12(3) of the Citizenship by Investment Regulations, Cap. 1.20
On approval of an application by means of an investment in Government bonds the following minimum investment is required:
Investment amountBond Holding Period
(i)     applicant applying aloneUS$ 250,0005 years
(ii)     applicant applying with one qualifying dependantUS$ 250,0006 years
(iii)     applicant applying with up to four qualifying dependantsUS$ 250,0007 years
(iv)     applicant applying with up to four qualifying dependantsUS$ 300,0005 years
(v)     each additional qualifying dependantUS$ 15,000The bond holding period specified under subparagraph (iii) or (iv), where applicable.

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