Saint Lucia Citizenship by Investment Announces New “Infrastructure Option”

Recently Saint Lucia citizenship by investment (CBI) unit announced introducing the new “Infrastructure Option,” available to investors starting February 5, 2024.

The new option, which requires a minimum of $100,000 investment per main applicant, and $150,000 for a family of up to four, falls under the existing Enterprise Project Investment route.

The option complements the existing routes, namely a $100,000 contribution to the National Economic Fund, which is the most popular and straightforward route; the $300,000 bond investment option that was introduced in 2023; or a $200,000 real estate investment.

The newly introduced option may prove attractive as it is an investment, as opposed to a non-refundable contribution, which is the case with the National Economic Fund route.

To utilize the option, foreigners will need to invest the amount in an approved project in a varied number of industries including specialty restaurants, cruise ports, agro-processing plants, bridges, research institutions, and housing projects, among others.

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