Saint Lucia offers significant opportunities for business and investment. This guide provides clear visa and entry information for investors and corporate travelers. It prioritizes essential details for your commercial activities, investment goals, and business operations in Saint Lucia.
Investor Opportunities in Saint Lucia
Saint Lucia has a Citizenship by Investment Program (CIP). This program grants citizenship to individuals who make a defined economic contribution to the country. The CIP is a valuable tool for global investors who need greater international mobility.
Investment Options Overview
The Saint Lucia CIP has four main investment routes. The minimum investment amount changes based on the option you choose and the number of your dependents.
- National Economic Fund (NEF) Donation: Donate a minimum of $100,000 to this government fund. The fund supports national development. This is a non-refundable contribution.
- Real Estate Investment: Purchase property in a government-approved project for at least $200,000. You must hold the property for a minimum of five years. This option offers potential rental income.
- Government Bond Investment: Invest a minimum of $300,000 in non-interest-bearing government bonds. You must hold the bonds for five years. This investment is recoverable.
- Enterprise Investment: Invest in an approved business project. The minimum investment is $100,000 for a joint venture or $3.5 million for a sole investor.
All options require you to pay additional government, processing, and due diligence fees.
Dual Citizenship Benefits for Investors
Dual citizenship from Saint Lucia provides key business advantages.
- Global Mobility: You can travel to over 140 countries without a visa, including the UK and the EU Schengen Area.
- Business Operations: A Saint Lucia passport helps you open global bank accounts and register international companies.
- Favorable Tax Rules: Saint Lucia does not have capital gains tax, inheritance tax, or wealth tax on worldwide income.
- Security and Stability: You gain a second home in a stable and democratic Caribbean country.
Establishing a Business in Saint Lucia
For investors planning to operate locally, Saint Lucia offers a straightforward business establishment process. The legal framework supports foreign investment, primarily through two company structures: Domestic Companies for local trade and International Business Companies (IBCs) for global operations, with the latter offering significant tax and confidentiality benefits.
The registration process is efficient and involves reserving a unique company name, preparing key documents like Articles of Incorporation, and filing with the Registry of Companies. The government’s official agency, Invest Saint Lucia, provides guidance and support to facilitate this process. Key legal points include the requirement for foreign investors to obtain an Alien Landholding License to purchase property and the welcome policy of unrestricted profit repatriation.
For a comprehensive walkthrough of company formation, from legal requirements to timelines, see our detailed guide on establishing a business in Saint Lucia.
Business Visitor Requirements
You must get a business visa before you travel if your country is not on the visa-exemption list. The visa is a stamp or sticker in your passport. You must follow the Saint Lucia Visa Policy for a smooth entry.
Business Visa Documentation
You apply for a business visa before you travel. The process usually takes one to two weeks.
- Standard Fee: ~$35 USD
- Standard Time: 1 to 2 weeks
- Expedited Option: A faster one-day service is available for a higher fee.
If you cannot visit a Saint Lucia consulate, you may be able to submit documents through a local British consulate.
Purpose of Visit
All visitors must have a valid passport and a ticket for onward travel. Citizens from visa-exempt countries like the USA, UK, and Canada can enter Saint Lucia for business without a visa.
General Visa and Entry Rules
All travelers must follow standard entry rules.
Visa Options
Visa-Free Entry: Saint Lucia permits citizens of many countries to enter without a visa for set periods.
| Nationality/Group | Maximum Visa-Free Stay |
|---|---|
| CARICOM Member States | Up to 6 months |
| United States Citizens | Up to 6 months |
| Most EU Citizens | Up to 90 days in a 180-day period |
| United Arab Emirates | Up to 60 days |
| UK, Canada, & others | Up to 6 weeks (42 days) |
Visa on Arrival: This may be an option for some visitors. The fee is about 46USD(EC125). You should apply at least two weeks before your trip.
Consular Visa: People from countries that require a visa must apply through a consulate, often a British consulate.
Entry Procedures
You must present a valid passport and proof of an onward or return ticket.
- Required Documents: You need a valid passport, proof of onward travel, and a completed Electronic Immigration Form if you arrive by air. A passport with six months of validity is best.
- Online Immigration Form: All air travelers must complete this mandatory form online. You can complete it up to 72 hours before you arrive. It is not a visa. You will receive a QR code by email to show officials.
- Passport Validity: Your passport should be valid for at least six months from your entry date.
Health and Safety Rules
Travelers should know key health and safety information.
Vaccine Requirements
- COVID-19: Saint Lucia has lifted all COVID-19 testing and vaccine entry rules.
- Yellow Fever: You need a yellow fever vaccination certificate if you arrive from a country with a risk of transmission. This applies to travelers older than nine months.
You should consult a healthcare provider about other travel vaccines before your trip.
Health and Travel Insurance
You should get the latest health information from your doctor. Buying travel insurance is a good idea. It can cover medical emergencies and trip changes.
Frequently Asked Questions (FAQ)
Do US citizens need a visa to conduct business in Saint Lucia?
No. US citizens can enter Saint Lucia without a visa for business or tourism for up to six months. A valid US passport and proof of onward or return travel are required.
What is the minimum investment for the Saint Lucia Citizenship by Investment Program?
The minimum investment depends on the chosen option. The lowest-cost route is a $100,000 non-refundable donation to the National Economic Fund (NEF) for a single applicant. Alternatively, a $200,000 minimum investment in approved real estate is required. Additional government and due diligence fees apply to all routes.
What are the primary tax benefits of Saint Lucian citizenship for an investor?
Saint Lucia offers a favorable tax environment for investors. There is no capital gains tax, inheritance tax, or wealth tax. Additionally, non-residents—those who spend less than 183 days per year in the country—are not taxed on worldwide income.
Can I work remotely from Saint Lucia as a digital nomad?
Yes. Saint Lucia offers the “Live It” program, a Digital Nomad Visa that allows eligible individuals to live in the country and work remotely for up to one year. Applicants must show proof of remote employment and financial means to support themselves during their stay.
What are the mandatory entry requirements for all travelers arriving by air?
All air travelers must present a valid passport, preferably with at least six months of validity, and proof of onward or return travel. Travelers are also required to complete the Electronic Immigration Form online up to 72 hours before arrival and obtain a QR code for entry.
Besides visa-free travel, what are the key advantages of the Citizenship by Investment Program?
The program offers benefits beyond visa-free access. It provides a second passport for personal and financial security, allows inclusion of family members in the application, and offers residency in a politically stable, English-speaking country with a favorable tax and business environment.
