Saint Lucia Citizenship by Investment Unit has announced the introduction of new application forms and an enticing investment opportunity, effective from Monday, 5th February 2024.
Introducing the “Infrastructure Option”
As part of the Enterprise Project Investment under Option 3, the latest investment category, aptly named the “Infrastructure Option,” offers developers an expanded avenue to invest in projects dedicated to enhancing the country’s infrastructure.
The investment begins at US $100,000for a single applicant and $150,000.00 for a family of up to four members.
This new option aligns with Saint Lucia’s commitment to fostering development and progress. The Approved Enterprise Project option has been broadened, providing applicants the opportunity to invest in a variety of developments, including but not limited to:
- Specialty Restaurants
- Cruise ports and marinas
- Agro-processing plants
- Pharmaceutical products
- Ports, bridges, roads, and highways (Infrastructure)
- Research institutions and facilities
- Offshore universities
- Housing projects
- Social development projects
- Investment services
Streamlined application process
Regarding the streamlined application process for Saint Lucia Citizenship, it aims to enhance the collection of critical applicant data while eliminating redundancies present in the current forms. With a reduction in the number of forms from eight to five, the Unit ensures a more efficient method for the thorough verification and screening of potential citizens.
