citizenship by investment in st lucia

Caribbean Investor Program

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Some Statistics on St Lucia

Obtaining St Lucia citizenship is a popular choice among many people, mainly due to the many advantages it offers. Below are some additional pieces of information on St Lucia.

Population

St Lucia has a population of just over 181,000 over an area of 617 km². The island’s population density is 300 people per square kilometre.

Currency

Like all of the Organisation of Eastern Caribbean States (OECS), St Lucia’s currency is the Eastern Caribbean Dollar (XCD). The island’s current is set at a fixed rate to the USD = 2.7 XCD.

Capital City

Castries is the capital and largest city of St. Lucia. Castries is home to 32.4% of the population.

Languages

The official language spoken in St Lucia is English. A large amount of the population also speak a dialect of French called Saint Lucian Creole French or more locally known as Patwa.

Climate

St Lucia has a tropical climate, meaning it is hot throughout the year. The daily average temperatures range from 24 degrees Celsius (74 °F) to 30 °C (86 °F).

GDP

St Lucia’s GDP represents less than 0.01% of the world economy, with a value of $1.88 billion projected for 2020.

About St Lucia

St Lucia is a tropical island country that lies on the eastern side of the Caribbean Sea. It forms part of the Lesser Antilles and is the second largest of the Windward group. It is south of Martinique and north of the islands of Grenadines and St Vincent.

The island is home to Marigot Bay, one of the most picturesque places in the Caribbean. Marigot Bay is an award-winning five-star resort which offers fine dining, spa treatments, and luxurious suites. The marina in Marigot Bay accommodates some of the biggest superyachts in the world.

Benefits of Second Residency in St Lucia

Government

St Lucia is an economically, legally and socially stable country. The country is part of the Commonwealth realm, with a democracy based on the British Parliamentary system.

Cost-effective

The country’s investment program is one of the more cost-efficient programs in the world.

No travel requirements

There is no need to travel there. The whole application process can be done remotely.

Visa-free travel

A St Lucia citizenship provides visa-free travel to 144 countries. This includes the UK, all of Europe, Hong Kong, and Singapore.

Citizenship inheritance

St Lucia citizenship is permanent and can be passed down for generations.

Tax benefits

St Lucia has a favourable tax regime. By investing and obtaining the country’s citizenship status, you benefit from no capital gains, capital acquisitions tax, inheritance tax, and net worth tax.