Saint Lucia Extends COVID-19 RELIEF Bonds Offer

The Cabinet of Ministers of Saint Lucia has approved the extension of the COVID-19 RELIEF Bonds offer for one more year until December 31, 2022.

Amendments to the legislation will be made shortly and in 2022 the country expects to continue receiving applications for COVID-19 RELIEF Bonds.

The applicant fees, qualifying investment sums and bond holding periods for the Special COVID-19 Relief Bond shall continue as presently exists. Namely:

Payments made to CIU before submission:

  • Due Diligence Principal Applicant US$ 7,500

  • Due Diligence Spouse US$ 5,000

  • Due Diligence Dependants > 16 US$ 5,000

  • Processing Fee For All Applicants (fees waived) US$ 0

Payments made to the CIU after approval:

  • Administration Fees US$ 30,000

  • Main Applicant (5 year hold) US$ 250,000

  • Applicant With 1 Dependant (6 year hold) US$ 250,000

  • Applicant With Up To 4 Dependents (7 year hold) US$ 250,000

  • Applicant With Up To 4 Dependents (5 year hold) US$ 300,000

  • Each Additional Dependant US$ +15,000


Since 2016, the drop-shaped island has been offering foreign investors to invest in the country and receive citizenship and a passport in return. Investors are actively considering Saint Lucia citizenship because it offers a number of benefits:

  • A St. Lucia passport allows visa-free travel to more than 120 countries, including the UK, EU, Singapore and Hong Kong.

  • Applications are processed within 3 months of the application being accepted for processing by the Citizenship by Investment Unit.

  • St. Lucia imposes no tax on worldwide income.

  • The CIP may include in the application: parents under 65, as well as mentally or physically challenged dependent children and/or parents.

  • There is no requirement to visit St. Lucia in order to qualify for citizenship, although all applicants are subject to a strict background check.

  • The CIP offers a variety of investment opportunities.

  • The granting of citizenship is at the sole discretion of the government; there is no guarantee that the applicant will be approved

What is a Citizenship by Investment Program and what benefits does it provide to investors and their families? What are the pitfalls of this program? We have answered these and many other questions in our book!


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