SAINT LUCIA PASSPORT BY INVESTMENT
INTRODUCTION XIPHIAS Immigration, the top international investment firm in India, brings forward, Saint Lucia Passport by investment program. The program started in the year 2015 under the regulations of Citizenship by Investment bill. It is the recent most country that joined the brigade of countries offering Caribbean Citizenship by Investment programs. Saint Lucia coined its program after proper deliberation of the Citizenship program offered by the rest of the Caribbean countries. Saint Lucia’s Citizenship by Investment program provides best practices which are most efficient for the investors.
Saint Lucia’s Citizenship by Investment provides the investor with dual citizenship and its passport allows investors to travel VISA-free across 125+ countries. The investor can apply for the program along with spouse and children who are below 25 years of age. This program allows dependents who are above 65 years of age to accompany the investor in their pursuit of obtaining Saint Lucia citizenship. The program doesn’t require the investor to live in the country at any given point of time. The program doesn’t require the investor and his/her family to travel to the country at any given point of time during the application process. The investment immigration programs are offered by multiple countries across the world.
This program doesn’t ask for education or business experience of the investor. However, it would be necessary that the investor has criminal free background. There will be no in person interview required. The investor should be able to produce certificates that indicate that the investor is of sound no-criminal background and is of excellent character. The investor should be able to produce a medical certificate proving his/her sound health. However, it is important that the application is handled by an international immigration consultant agent like XIPHIAS who have registered themselves with the immigration authority of Saint Lucia. Saint Lucia is a strong growing economy and is politically stable country. The country offers few of the best tax regimes for its investors. The future generations, if they continue to live in Saint Lucia will be provided Citizenship by naturalization.
The country offers 4 different options for investment. The first being National Economic Fund contribution which requires the high networth individual to make a contribution towards the NEF a tune of USD $100,000, if the applicant is applying alone. If the applicant has his/her spouse accompanying, then the applicant will be making a contribution of US $135,000. If the application is submitted by the investor along with his/her spouse and two dependent children then their total contribution towards the NEF would be US $185,000. If there are any extra applicants, then an extra US $25,000 needs to be paid.
In case the investor chooses to invest in the pre-approved Real Estate of the country, then the investor will have to buy a property worth US $300,000. This investment must be maintained by the investor for a minimum of 5 years of time. In addition, it is important that the investor does proper property registration, with all processing fees and property taxes duly paid. XIPHIAS Immigration takes care of all these and more. We have a good standing with the real estate of Saint Lucia and also with the immigration authorities there. We provide the best solution possible for your real estate needs in Saint Lucia. There are countries across the globe which offers Permanent Residency or Citizenship for the investors.
The other option for investors in Saint Lucia is their Investment in Government Bonds. If the applicant is a single investor, then the applicant will have to invest US $500,000 in Government Bonds. IF the applicant is applying along with his/her spouse, then the investor has to spend US $535,000 in the Government bonds. If the investor is applying along with his/her spouse and 2 dependent children, then the investor will be investing US $550,000 in the Government Bonds. Every additional dependent will have to contribute an additional US $25,000. This option, requires the applicants to pay an additional application fee of US $50,000 for their application.
The other investment option is Enterprise Project Investment. Just as the UK Innovator program or the Europe Investment immigration program, this program involves the investor to invest in preapproved business projects in the country. Such investment must create at least 6 jobs for the locals there. XIPHIAS Immigration apart from being partners with multiple real estate houses in Saint Lucia, they have also built good relationship with local businesses there. Also, with their strong team of corporate legal services team, XIPHIAS is ever ready to provide assistance to anybody who involve in business internationally and this they do at any capacity. It would be required that the investors to partner with XIPHIAS to understand what they can offer and proceed from there. SOURCE: http://www.apsense.com/article/saint-lucia-passportby-investment.html
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