Amendments made to the St. Lucia Citizenship via Investment Programme over the past few months render it the least expensive citizenship by investment option available.
As of December 2016, investors seeking to make a contribution to the Saint Lucia National Economic Fund can obtain second citizenship for as little as $100,000 USD. As with any programme, there are additional fees depending on the number of family members included in an application.
This programme is increasingly attracting high net worth individuals who seek to maintain and grow their wealth and freedom simultaneously. With no physical residency requirement, investors are able to obtain a second citizenship in as little as three months without any physical residency requirement.
Successful applicants will have the unrestricted right to live, work, travel, and study anywhere in the Caribbean Community (CARICOM). Additionally, this programme grants visa-free travel to one hundred and thirty-nine countries, including the Schengen Zone, UK and Hong Kong.
Favorably, there is no need for investors to relinquish current citizenship with this programme, as dual citizenship is permitted.