Starting February 5th, 2024, Saint Lucia Citizenship by Investment Program has expanded its categories to include a new Infrastructure Option focusing on affordability.
Saint Lucia CIP has taken an unexpected move choosing to add a new option to its citizenship programs, the ‘Infrastructure Option’ under the Enterprise Project category, amid a competition that has been developing strongly in the Caribbean for over a year, coupled with external pressures to increase minimum investment thresholds.
Focusing historically to ultra-high-net-worth investors, the Enterprise Project category is now shifting its focus towards accessibility, single applicants under the new Infrastructure Option will be required to invest a minimum of US$100,000, with the cost going up to US$150,000 for a family of up to four.
Under this category, investors qualify for citizenship upon making financial contributions to specific development projects which are approved by the Saint Lucian government.
By introducing the Infrastructure Option, Saint Lucia has created a win-win scenario for both investors and its economy, investors gain an affordable pathway to citizenship, while the country receives vital funding for essential infrastructure projects. The start of this new option signifies Saint Lucia’s forward-thinking approach to its citizenship by investment program, paving the way for a more affordable program and prosperous future.