I'd generally recommend opting to not establish them in Saint Lucia, but instead in either dubai or St Kitts and Nevis due to the better infrastructure for corporations and financial-services, as well as generally to compartmentalise things a bit. Saint Lucia is pretty average in terms of corporate-protections and banking has more fees than other countries, with worse online portals, so I've kept all of that outside in other countries. I'll probably make a few videos on banking/etc internationally in the future, want to try out a few more options before that though.
@@Global-livingg can you share your process right after you received the passport of St.Lucia, how did you get your local drivers license, address, mb utility bills etc for crypto platforms and businesses tied to the passport?
@@warfieldai I haven't had any issues without utility bills from saint lucia - you can use transferwise or other online platforms as a secondary proof of address without having a utility bill in your name. If you have existing crypto platforms/logins you can usually transfer it by simply giving them your new passport information without even providing a new domestic address. Local license wise, I've never had a license - always rode a bike or hired a driver, so I can't speak for that.
I ended up choosing Dominica over St. Lucia. For me the price was the same at $100,000 as a single person. Dominica offered better visa free options like Brazil and Belarus. They also offer visa free access to both Russia and China (though I probably won't go to either country). One other thing was a 10 year passport whereas St. Lucia only offered a 5 year passport. My application took 7.5 months from the start to receiving the passport. I'm not planning on renouncing my US citizenship, but I definitely want a Plan B in case the guano hits the fan here. Dominica is a member of OECS, so I could live and work in any of the other OECS countries like St. Lucia, St. Kitts, Antigua, or Grenada.
Didn't know about the 10-year vs 5-year passport, but ultimately you can renew it abroad and get it mailed to you very easily so it's not a big deal to me. Really wish St Lucia got a visa-free program setup with Brazil, seems strange to me they haven't already with other Caribbean nations having done so already - usually brazil gives the same visa-free back to countries that give it to them, but for some reason not with Saint Lucia...
WoW! Great research and assessment...thank you for your efforts here! I am headed that way and have initiated dialogue with the McNamara's. I also enjoyed your geographical assessment. kudos to you! and again, thank you for your "validation".
St Lucia is more developed. Two airports, vibrant tourism sector Very proud to be st Lucian. It's one of the most beautiful islands in the Caribbean. Never left out in videos highlighting the most beautiful Caribbean islands.
Yes that's another factor for me - it's the only Island I could see myself actually being ok with settling down on to some extent, has good restaurants and better connections than any of the other islands imo.
I've rewatched this video like 3 times since it came out. You should cover more videos about countries you're looking at becoming a citizen in. My wife and I are working on our 2nd citizenship and already have our 3rd one picked out that we are aiming for after this one.
@@Global-livingg Canada. She has had her P.R. since last year and I'm getting mine this year. This will be a solid Tier 1 for us. She's Chinese, so it's a replacement for her and I'm American, so it'll be a solid replacement for when I choose to renounce (which I won't until we have all our kids. 1 down, 1 or 2 more to go). Our 3rd citizenship will be a South American country. Probably Ecuador, because my wife wants visa free back into China(fair). Edit: We're in our late 20s.
@@gregfed Y'all should consider going to Brazil to have one of them - y'all could all get brazillian citizenship within about a year and the process is very cost effective ( $40k depending on what hospital and if she needs a C-section or not, as all that is itemised. No visa-free access to China, but otherwise fantastic access and cheap to get for your child + both of you. Not sure if the first child would get it right away, but would be easy to get long-term visa for them if not should you decide to live there or just so they could get it as well after a few years. I looked into it a bit and will do some more in the next year and make a video on it - but will want to go to Brazil again to really get clarification and some connections first. Probably Decemberish.
@@Poplicola08 It's not about taxes. It's about financial privacy, options, and being considered neutral in the countries I choose to visit/live in. Being an American makes you a target in certain parts of the world, or you can't bank/invest in certain markets, and I have no plans of every living in the U.S. again.
I used to be a US citizen, was born in Texas and lived there until I was 19~ and I left the USA, haven't been back but once to get documents for a couple days and once to see family before renouncing.
Hi there, leaving US. And was looking at St. Lucia, saw this was made a year ago and was wondering if you still felt the same? I am gonna check out Turkey as well, I guess Istanbul you were speaking of? Thank you and great video.
I'd still say it's the best option for a budget, but from a dynastic perspective Turkey or full-fledged citizenship that can be passed on is a must if you plan to have a family in the future. Saint Lucia would still be my #1 choice if I was rushing to have a second citizenship and/or renounce your birth citizenship, but if someone had more time and money I believe Turkey is a better overall choice. Yes Turkey - Istanbul would be my preference there, although Antalya is OK too and Bursa and some other spots are OK for investment.
The only thing that has really changed are rumours of Caribbean citizenships losing visa-free access to UK/EU nations, I made a video on it a couple weeks back. Imo the fears are overblown and it's quite unlikely to happen and the loss of such a privilege wouldn't be very relevant for most people anyway, so it wouldn't change my position or moves. I'd still go for the Saint Lucia program with a plan to do the Turkish program or get a residency in the next 5years if I was to start all over today.
I got the impression that the guy and team from "nomad capital" is not for regulat people, but only for 6 or 7 figure entrepreneurs. So if you are a "regular" citizen, you need to find help another place
The more I've heard from former clients and employees the more I think he just parades this to try to get people who are so wealthy that they won't question spending $100k to save on taxes, when in reality the service isn't any better than any other provider. Can't really speak of those things publicly due to the rumours around him litigating people, just in case that's true, but at this point I'd never recommend someone using him, no matter how wealthy they are.
You mentioned signing up to crypto exchanges and providing address. Are you renting a mailbox in St. Lucia? Or do you actually have a 2nd home there that you use for home base address? How does home base address options work there?
I don't rent a place in Saint Lucia; but you do not need proof of residency in most cases to use a Saint Lucia address with foreign banks generally, if you're Saint Lucian. I use a UK address for receiving mail/paperwork/documents as I don't really have a home base currently, or at least one that won't change within the next year.
@@Global-livingg hi there, can you explain how to get a UK address or did you just get a PO box address like in the US? Thank you. BTW, good info on the video especially when you list out your criteria for choosing St Lucia
A donation option means you don't see any financial benefit or return. So even if real estate has risks, with donation you say goodbye to all that money anyway. Zachary, what do you think of the Category 2 SERP residency program in Barbados? It costs an investment of $300,000 and $5000 renewal every five years.
To me real estate has an equal to higher real cost as the opportunity cost is very high, an extra $120k~ trapped in effectively going nowhere real estate for 5 years, that is slightly overpriced, nets you a worse return than simply burning $100k and investing the extra you save. As for Cat 2 SERP, to me it's not very attractive as you pretty much are stuck with real estate investments and have to reside in the country for a year before you obtain citizenship, which simply isn't very viable or attractive for most people given you can simply do the same on most Caribbean islands and get citizenship much faster without physical presence requirements. Better to just work on south American citizenship or Panamanian/etc through residency or go through the turkish CBI process
@@Global-livingg @@Global-livingg Evidently the SERP allows you to put the $300,000 into an account rather than just real estate. You also have 5 million dollars.
Turkey's CBI you have to buy 400k~ worth of real estate which is an absurd amount - would have to be an ultra-luxury property that's huge or multiple, but that's harder to achieve unless buying new construction. Takes a bit longer from what I hear to get it done - but it's a good passport and everything. Just expensive now that they raised the minimum from $250k~.
When hurricanes are the issue, there are no islands besides Aruba and Barbados that are outside of the hurricane belt. Aren't all the countries requiring as of June 2024 a sum of $200,000 even for donations, St. Lucia included? Is it really the case that as a Plan B leaving the US and Canada a Caribbean island is a good choice when they are so easily affected by EU and US policies?
I'm releasing a video soon talking about the price increase and how much influence the US/EU has imo soon, but Saint Lucia hasn't signed yet, although I think they will soon too. $200k minimum and other requirements will provide more legitimacy and thus, imo, less scrutiny.
Isn't any Caribbean island, St. Lucia included, subject to the pressures of the EU and US all the time, reducing the integrity of a Plan B for a Canadian or American? Does being St. Lucian involve some knowledge and involvement with their culture, especially as a Plan B to live there? How do you assess the current political pressures changing the CBI programs? If all a person is interested in is a Plan B, then who cares about visa free access? Zachary, how are the healthcare and medical services, especially for older people?
The US/EU have some influence, however the countries understand they can't allow the US/EU to kill their 'golden goose.' To me it's definitely something to consider, however unless someone can wait for a south American residency to turn into citizenship, or someone is willing to pay more for Turkish CBI, it's still the best option. To me a plan B via a residency is good enough for most people. Healthcare and medical services in Saint Lucia are OK, but if I had medical issues that required much attention, or a particular disease I was disagonised with I wouldn't want to reside there, better to choose Panama or Costa Rica or Colombia for residency into Citizenship, or somewhere like Malaysia/Thailand (my choice). OK if you have common emergency procedures, but not if you need routine specialized treatments.
@@Global-livingg The guy Jay says that he heard that St. Lucia is getting very slow in processing, and people have to resubmit documents because they lose the 3 month apostille window. Are all of the CBI in the Caribbean now charging $200,000 for the donation?
@@Global-livingg Point well taken. Older folks can't afford the luxury of going just anywhere. So Panama or CR is more realistic. However, those countries there are so damn hot and humid. I can't see being confined and dependent on AC all the time. I had trouble for years even for 2-3 months in NYC.
You left out the effect of living on any island that gets very crowded and congested with the cruise ship tourists. Doesn't this affect access to amenities and conveniences on the island for the ordinary residents?
It affects things a bit, but more than anything it causes a boost in services as many tourists improve the food/restaurant situation compared to non-touristic places.
Hi bro how can you help me too, I want to become a St Lucia citizens, I have been looking for a good source because I’m scared of getting scammed, I would like to talk to you bro
You can send me an email at Zachary@Greeneryfinancial.com if you have any questions - but in terms of becoming Saint Lucian you can find the lawyer I used in the video description. He handled everything in Saint Lucia and the payments for me; I just needed to gather documents and send the info over to him.
U r not living in St Lucia ,Then how U will renew the passport after 5 years, also EMBASSY are not so much. will it take more cost? Have u ask ur laywer about it.
I may visit and get it renewed, but realistically you can get it renewed at any Saint Lucian embassy or get a representative/lawyer to do it for you in Saint Lucia for a nominal fee ($300-450~ including shipping/bureaucracy fees). You may even be able to renew at other Carcom embassies, but I'm not sure about that - haven't checked. I'm not too concerned regardless - a few hundred dollars in fees every 4 years isn't a big deal all things considered. While Saint Lucia doesn't have many embassies around the world if you do need consular services (other than passport-related, not sure about that) you can visit any carcom embassies or the UK embassy and get assistance from my understanding. In practice you have an embassy that works with you in almost every country as a result.
I'm currently living in Thailand on a Education visa (Muay Thai Training), however after that I'm not sure; I'll likely go traveling for a year or two more before buying a property or two somewhere...probably one in Rio or Istanbul to start.
For me I like the better connections to the world that this opinion offers, A&B is a good option for big families especially from South Africa because it’s the only program that has visa free travel to sa but for a single applicant Saint Lucia 🇱🇨 is by far the best option Dominica 🇩🇲 is terrible in terms of the fact that they have give their passport to so many people that should have never been given it. Saint Kitts now is just too expensive at 250k it’s literally more then twice as much for the same passport . But in conclusion Dominica is terrible in terms of everything but the price , Saint Kitts is way to expensive, A&B is good for big families, Grenada is just good for visa free access to china. But personally I don’t want a passport from a country that is friendly with china.
Pretty much sums it up, the only thing I'd say is Turkey's program is always worth considering as well, as if you have 2,000,000+ USD it's not that expensive, the material cost (fees/non-recoverable costs) is quite low, and it's arguably the best citizenship you can get via investment with the exception of malta.
hey, do you think in 2024/25 this is still a good option? is there a threat from EU that might stop them from free visa? or Is it still safe long term. thank you
I don't believe they'll remove true visa-free access more likely than any other Caribbean program, however there are some changes coming that I talked about here: ua-cam.com/video/013bgaidiaE/v-deo.html Regardless as long as you have residency somewhere it's not really an issue.
To me it's still a good option for those wanting a budget option, although it's becoming increasing interesting to simply get residency and be patient. The main advantage of these programs is the quickness if you have concerns about taxes over the next few years or simply want freedom ASAP.
I believe I paid around $5000 for the agent fees in total, That may have been reduced from normal though as most quotes I received were 8k - 15k+, the bigger the firm or more agency-like the more expensive.
Unfortunately not without paying, which is the only element I didn't really take into account or comprehend how problematic that is for them to not naturally been Saint Lucian by birth. Example being if I have a baby here in Nepal with a Nepali girl they will NOT be Saint Lucian, or Nepali, but rather stateless. Quite problematic to fix, but there are ways around this issue - I still plan to do the Turkish CBI program before I have kids, but if one comes before (wouldn't complain!) there are solutions, such as traveling to Saint Lucia for the birth or a 3rd country that would give the baby citizenship upon birth. Paying I think it was/is $20k~, assuming they are not stateless, gives them saint lucia citizenship as well though, but ultimately this isn't a good option imo as it cannot be passed on either - this is why Saint Lucia's program imo is a stepping stone or plan b vs a 'real' residency/citizenship program like Turkey, which gives you full rights as if you are a turkish born turk.
Originally I built websites, put ads on them and ran them, then sold them - I also made quite a bit of money investing/speculating in Cryptos. Now I mostly do trading/investing and general consulting for businesses and expats.
Taxation in St Lucia for non-residents is essentially non-existent, so simply having residency outside of saint lucia or a dubai company solves most tax complications. The only real planning I did beyond that was to learn about dividend-withholding taxes and other non-saint lucia related taxes I'd have to pay and how to minimise them.
@@Global-livingg with your other citizenships? Also does it make sense to add Grenada passport for balance that difference with China/Russia visas and E2 for 5 years to the us if you already have your St.Lucia passport?
@@warfieldai I'd rather opt for a non-Carribean passport like Turkey offers than get another carribean citizenship - I don't think having visa-free access to Russia and mainland China are worth $150k, and US visas are easy if you have the finances to prove you're not immigrating regardless of E2 or not. It'd be better to just buy real estate in those countries and get residency, or opt for another passport (like turkey) that isn't correlated with the carribean islands.
@@Global-livingg Have you successfully applied for a U.S. B1/B2 visa with this passport? If so, what was the interview process like as a renunciant? Cheers!
I WOULD LIKE TO KNOW HOW YOU GET CITIZENSHIP BY REAL ESTATE OR PROVIDING JOBS BY STARTING SOME BUSINESS DAVID ADAM GRENIS MAPLETON AVENUE BOULDER COLORADO USA
You can do that in most 'tier-2/3' countries in the bulkans, eastern europe, or latin America. I met a few folks who did that in Brazil, took about 4 years from start to finish to become citizens after they bought a condo and started a local business - not a big one, just employing like 20 people.
All carribean CBI countries as far as I remember have a rule that if you acquired the citizenship through financial means you cannot pass it on to your children without paying a fee (Usually few grand all the way up to 20k+ USD), and the same for your children. This is the main downside to these programs, and why I consider Turkey's CBI scheme to be superior if someone has substantive amounts of capital.
Country | Cost of adding a child under 18 years old | |---|---|---| | Antigua and Barbuda | US$10,000 (under 5 years old) or US$20,000 (6-17 years old) | | Dominica | US$2,000 | | Grenada | US$25,000 | | St. Kitts and Nevis | US$500 | | St. Lucia | US$5,000 |
@@Global-livingg My friend, it is not fair or logical for these countries to take these exorbitant amounts, Saint Kitts is the best among them and also Turkish nationality.
this video was one of the best videos out there for the Saint Lucian passport. Thanks for the video and information.
Very informative video on St.Lucia and other CBI programs. Thank you.
Nice channel, looking forward to see where you take it
Great breakdown of your decision. I’d like to hear your follow up about banking/corporation formation/ trust funds
I'd generally recommend opting to not establish them in Saint Lucia, but instead in either dubai or St Kitts and Nevis due to the better infrastructure for corporations and financial-services, as well as generally to compartmentalise things a bit.
Saint Lucia is pretty average in terms of corporate-protections and banking has more fees than other countries, with worse online portals, so I've kept all of that outside in other countries.
I'll probably make a few videos on banking/etc internationally in the future, want to try out a few more options before that though.
@@Global-livingg can you share your process right after you received the passport of St.Lucia, how did you get your local drivers license, address, mb utility bills etc for crypto platforms and businesses tied to the passport?
@@warfieldai I haven't had any issues without utility bills from saint lucia - you can use transferwise or other online platforms as a secondary proof of address without having a utility bill in your name.
If you have existing crypto platforms/logins you can usually transfer it by simply giving them your new passport information without even providing a new domestic address.
Local license wise, I've never had a license - always rode a bike or hired a driver, so I can't speak for that.
I ended up choosing Dominica over St. Lucia. For me the price was the same at $100,000 as a single person. Dominica offered better visa free options like Brazil and Belarus. They also offer visa free access to both Russia and China (though I probably won't go to either country). One other thing was a 10 year passport whereas St. Lucia only offered a 5 year passport. My application took 7.5 months from the start to receiving the passport. I'm not planning on renouncing my US citizenship, but I definitely want a Plan B in case the guano hits the fan here. Dominica is a member of OECS, so I could live and work in any of the other OECS countries like St. Lucia, St. Kitts, Antigua, or Grenada.
Didn't know about the 10-year vs 5-year passport, but ultimately you can renew it abroad and get it mailed to you very easily so it's not a big deal to me.
Really wish St Lucia got a visa-free program setup with Brazil, seems strange to me they haven't already with other Caribbean nations having done so already - usually brazil gives the same visa-free back to countries that give it to them, but for some reason not with Saint Lucia...
That's a nasty program...
Which company/ agencies did you use to get the Dominica passport? Thanks
@@kagirimwangi3854 JH Marlin law firm and Apex Capital for the local agent.
U made a big mistake by choosing Dominica . Dominicans need visa to enter U K. Big mistake
WoW! Great research and assessment...thank you for your efforts here! I am headed that way and have initiated dialogue with the McNamara's. I also enjoyed your geographical assessment. kudos to you! and again, thank you for your "validation".
Good Points....Thanks for sharing your rationale!
St Lucia is more developed. Two airports, vibrant tourism sector
Very proud to be st Lucian. It's one of the most beautiful islands in the Caribbean. Never left out in videos highlighting the most beautiful Caribbean islands.
Yes that's another factor for me - it's the only Island I could see myself actually being ok with settling down on to some extent, has good restaurants and better connections than any of the other islands imo.
I've rewatched this video like 3 times since it came out. You should cover more videos about countries you're looking at becoming a citizen in. My wife and I are working on our 2nd citizenship and already have our 3rd one picked out that we are aiming for after this one.
Which ones did you decide to go with to start?
Thanks for the video ideas here and other comments - will do.
@@Global-livingg Canada. She has had her P.R. since last year and I'm getting mine this year. This will be a solid Tier 1 for us. She's Chinese, so it's a replacement for her and I'm American, so it'll be a solid replacement for when I choose to renounce (which I won't until we have all our kids. 1 down, 1 or 2 more to go). Our 3rd citizenship will be a South American country. Probably Ecuador, because my wife wants visa free back into China(fair).
Edit: We're in our late 20s.
@@gregfed Y'all should consider going to Brazil to have one of them - y'all could all get brazillian citizenship within about a year and the process is very cost effective ( $40k depending on what hospital and if she needs a C-section or not, as all that is itemised.
No visa-free access to China, but otherwise fantastic access and cheap to get for your child + both of you. Not sure if the first child would get it right away, but would be easy to get long-term visa for them if not should you decide to live there or just so they could get it as well after a few years.
I looked into it a bit and will do some more in the next year and make a video on it - but will want to go to Brazil again to really get clarification and some connections first. Probably Decemberish.
@@gregfed Why renounce your American citizenship if you are becoming a Canadian? The tax situation in Canada can't be better.
@@Poplicola08 It's not about taxes. It's about financial privacy, options, and being considered neutral in the countries I choose to visit/live in. Being an American makes you a target in certain parts of the world, or you can't bank/invest in certain markets, and I have no plans of every living in the U.S. again.
Sea levels are not rising!
Saint Lucia is the best CBI program in the Caribbean.I also made my choice by comparing many aspects of the comparison.
Goo to know St Lucina doesnt play ball with China, which means they dont see eye to eye - a strong + for me!
Great video
Thanks
What is the citizenship you had before getting St. Lucia citizenship by investment?
I used to be a US citizen, was born in Texas and lived there until I was 19~ and I left the USA, haven't been back but once to get documents for a couple days and once to see family before renouncing.
@@Global-livingg Thanks for the info.
Hi there, leaving US. And was looking at St. Lucia, saw this was made a year ago and was wondering if you still felt the same? I am gonna check out Turkey as well, I guess Istanbul you were speaking of? Thank you and great video.
I'd still say it's the best option for a budget, but from a dynastic perspective Turkey or full-fledged citizenship that can be passed on is a must if you plan to have a family in the future.
Saint Lucia would still be my #1 choice if I was rushing to have a second citizenship and/or renounce your birth citizenship, but if someone had more time and money I believe Turkey is a better overall choice.
Yes Turkey - Istanbul would be my preference there, although Antalya is OK too and Bursa and some other spots are OK for investment.
The only thing that has really changed are rumours of Caribbean citizenships losing visa-free access to UK/EU nations, I made a video on it a couple weeks back.
Imo the fears are overblown and it's quite unlikely to happen and the loss of such a privilege wouldn't be very relevant for most people anyway, so it wouldn't change my position or moves.
I'd still go for the Saint Lucia program with a plan to do the Turkish program or get a residency in the next 5years if I was to start all over today.
Awesome video!
I got the impression that the guy and team from "nomad capital" is not for regulat people, but only for 6 or 7 figure entrepreneurs. So if you are a "regular" citizen, you need to find help another place
You are correct
The more I've heard from former clients and employees the more I think he just parades this to try to get people who are so wealthy that they won't question spending $100k to save on taxes, when in reality the service isn't any better than any other provider.
Can't really speak of those things publicly due to the rumours around him litigating people, just in case that's true, but at this point I'd never recommend someone using him, no matter how wealthy they are.
You mentioned signing up to crypto exchanges and providing address. Are you renting a mailbox in St. Lucia? Or do you actually have a 2nd home there that you use for home base address? How does home base address options work there?
I don't rent a place in Saint Lucia; but you do not need proof of residency in most cases to use a Saint Lucia address with foreign banks generally, if you're Saint Lucian.
I use a UK address for receiving mail/paperwork/documents as I don't really have a home base currently, or at least one that won't change within the next year.
@@Global-livingg hi there, can you explain how to get a UK address or did you just get a PO box address like in the US? Thank you. BTW, good info on the video especially when you list out your criteria for choosing St Lucia
Amazing content subscribed your channel!
A donation option means you don't see any financial benefit or return. So even if real estate has risks, with donation you say goodbye to all that money anyway. Zachary, what do you think of the Category 2 SERP residency program in Barbados? It costs an investment of $300,000 and $5000 renewal every five years.
To me real estate has an equal to higher real cost as the opportunity cost is very high, an extra $120k~ trapped in effectively going nowhere real estate for 5 years, that is slightly overpriced, nets you a worse return than simply burning $100k and investing the extra you save.
As for Cat 2 SERP, to me it's not very attractive as you pretty much are stuck with real estate investments and have to reside in the country for a year before you obtain citizenship, which simply isn't very viable or attractive for most people given you can simply do the same on most Caribbean islands and get citizenship much faster without physical presence requirements.
Better to just work on south American citizenship or Panamanian/etc through residency or go through the turkish CBI process
@@Global-livingg @@Global-livingg Evidently the SERP allows you to put the $300,000 into an account rather than just real estate. You also have 5 million dollars.
@@Global-livingg How about SERP as a permanent residency instead of citizenship?
@@Global-livingg Makes sense. But there is no alternative to a long term residency option in Barbados for the ordinary foreigner.
Thank you for this video. Very useful. What is the Turkish CBI system?
Turkey's CBI you have to buy 400k~ worth of real estate which is an absurd amount - would have to be an ultra-luxury property that's huge or multiple, but that's harder to achieve unless buying new construction.
Takes a bit longer from what I hear to get it done - but it's a good passport and everything. Just expensive now that they raised the minimum from $250k~.
St kits is better i heard! How true?
Depends on your needs, but generally on paper yes - however the visa-free benefits come at a greater cost.
When hurricanes are the issue, there are no islands besides Aruba and Barbados that are outside of the hurricane belt. Aren't all the countries requiring as of June 2024 a sum of $200,000 even for donations, St. Lucia included? Is it really the case that as a Plan B leaving the US and Canada a Caribbean island is a good choice when they are so easily affected by EU and US policies?
I'm releasing a video soon talking about the price increase and how much influence the US/EU has imo soon, but Saint Lucia hasn't signed yet, although I think they will soon too.
$200k minimum and other requirements will provide more legitimacy and thus, imo, less scrutiny.
Isn't any Caribbean island, St. Lucia included, subject to the pressures of the EU and US all the time, reducing the integrity of a Plan B for a Canadian or American? Does being St. Lucian involve some knowledge and involvement with their culture, especially as a Plan B to live there? How do you assess the current political pressures changing the CBI programs? If all a person is interested in is a Plan B, then who cares about visa free access? Zachary, how are the healthcare and medical services, especially for older people?
The US/EU have some influence, however the countries understand they can't allow the US/EU to kill their 'golden goose.'
To me it's definitely something to consider, however unless someone can wait for a south American residency to turn into citizenship, or someone is willing to pay more for Turkish CBI, it's still the best option.
To me a plan B via a residency is good enough for most people.
Healthcare and medical services in Saint Lucia are OK, but if I had medical issues that required much attention, or a particular disease I was disagonised with I wouldn't want to reside there, better to choose Panama or Costa Rica or Colombia for residency into Citizenship, or somewhere like Malaysia/Thailand (my choice). OK if you have common emergency procedures, but not if you need routine specialized treatments.
@@Global-livingg The guy Jay says that he heard that St. Lucia is getting very slow in processing, and people have to resubmit documents because they lose the 3 month apostille window. Are all of the CBI in the Caribbean now charging $200,000 for the donation?
@@Global-livingg Point well taken. Older folks can't afford the luxury of going just anywhere. So Panama or CR is more realistic. However, those countries there are so damn hot and humid. I can't see being confined and dependent on AC all the time. I had trouble for years even for 2-3 months in NYC.
@@Global-livingg Doesn't Barbados have good medical services?
@@Global-livingg Is there a video comparing medical and health services in the CBI countries in the Caribbean?
You left out the effect of living on any island that gets very crowded and congested with the cruise ship tourists. Doesn't this affect access to amenities and conveniences on the island for the ordinary residents?
It affects things a bit, but more than anything it causes a boost in services as many tourists improve the food/restaurant situation compared to non-touristic places.
Hi bro how can you help me too, I want to become a St Lucia citizens, I have been looking for a good source because I’m scared of getting scammed, I would like to talk to you bro
You can send me an email at Zachary@Greeneryfinancial.com if you have any questions - but in terms of becoming Saint Lucian you can find the lawyer I used in the video description.
He handled everything in Saint Lucia and the payments for me; I just needed to gather documents and send the info over to him.
U r not living in St Lucia ,Then how U will renew the passport after 5 years, also EMBASSY are not so much. will it take more cost? Have u ask ur laywer about it.
I may visit and get it renewed, but realistically you can get it renewed at any Saint Lucian embassy or get a representative/lawyer to do it for you in Saint Lucia for a nominal fee ($300-450~ including shipping/bureaucracy fees). You may even be able to renew at other Carcom embassies, but I'm not sure about that - haven't checked.
I'm not too concerned regardless - a few hundred dollars in fees every 4 years isn't a big deal all things considered.
While Saint Lucia doesn't have many embassies around the world if you do need consular services (other than passport-related, not sure about that) you can visit any carcom embassies or the UK embassy and get assistance from my understanding. In practice you have an embassy that works with you in almost every country as a result.
Really good video. If you don't mind my asking, if you renounced and you don't reside in St. Lucia, where do you reside?
I'm currently living in Thailand on a Education visa (Muay Thai Training), however after that I'm not sure; I'll likely go traveling for a year or two more before buying a property or two somewhere...probably one in Rio or Istanbul to start.
Tell me how you can convince me with this passport.
For me I like the better connections to the world that this opinion offers, A&B is a good option for big families especially from South Africa because it’s the only program that has visa free travel to sa but for a single applicant Saint Lucia 🇱🇨 is by far the best option Dominica 🇩🇲 is terrible in terms of the fact that they have give their passport to so many people that should have never been given it. Saint Kitts now is just too expensive at 250k it’s literally more then twice as much for the same passport . But in conclusion Dominica is terrible in terms of everything but the price , Saint Kitts is way to expensive, A&B is good for big families, Grenada is just good for visa free access to china. But personally I don’t want a passport from a country that is friendly with china.
Pretty much sums it up,
the only thing I'd say is Turkey's program is always worth considering as well, as if you have 2,000,000+ USD it's not that expensive, the material cost (fees/non-recoverable costs) is quite low, and it's arguably the best citizenship you can get via investment with the exception of malta.
hey, do you think in 2024/25 this is still a good option? is there a threat from EU that might stop them from free visa? or Is it still safe long term. thank you
I don't believe they'll remove true visa-free access more likely than any other Caribbean program,
however there are some changes coming that I talked about here:
ua-cam.com/video/013bgaidiaE/v-deo.html
Regardless as long as you have residency somewhere it's not really an issue.
To me it's still a good option for those wanting a budget option, although it's becoming increasing interesting to simply get residency and be patient.
The main advantage of these programs is the quickness if you have concerns about taxes over the next few years or simply want freedom ASAP.
whats the agent charge u mentioned?
I believe I paid around $5000 for the agent fees in total,
That may have been reduced from normal though as most quotes I received were 8k - 15k+, the bigger the firm or more agency-like the more expensive.
Good contents man, can you pass the citizenship to your kids?
Unfortunately not without paying, which is the only element I didn't really take into account or comprehend how problematic that is for them to not naturally been Saint Lucian by birth.
Example being if I have a baby here in Nepal with a Nepali girl they will NOT be Saint Lucian, or Nepali, but rather stateless.
Quite problematic to fix, but there are ways around this issue - I still plan to do the Turkish CBI program before I have kids, but if one comes before (wouldn't complain!) there are solutions, such as traveling to Saint Lucia for the birth or a 3rd country that would give the baby citizenship upon birth.
Paying I think it was/is $20k~, assuming they are not stateless, gives them saint lucia citizenship as well though, but ultimately this isn't a good option imo as it cannot be passed on either - this is why Saint Lucia's program imo is a stepping stone or plan b vs a 'real' residency/citizenship program like Turkey, which gives you full rights as if you are a turkish born turk.
@@Global-livingg thx mate
what is this guys name?
How did you make good money?
Originally I built websites, put ads on them and ran them, then sold them - I also made quite a bit of money investing/speculating in Cryptos.
Now I mostly do trading/investing and general consulting for businesses and expats.
How did you plan your tax strategy with St.Lucia?
Taxation in St Lucia for non-residents is essentially non-existent, so simply having residency outside of saint lucia or a dubai company solves most tax complications.
The only real planning I did beyond that was to learn about dividend-withholding taxes and other non-saint lucia related taxes I'd have to pay and how to minimise them.
@@Global-livingg with your other citizenships? Also does it make sense to add Grenada passport for balance that difference with China/Russia visas and E2 for 5 years to the us if you already have your St.Lucia passport?
@@warfieldai I'd rather opt for a non-Carribean passport like Turkey offers than get another carribean citizenship - I don't think having visa-free access to Russia and mainland China are worth $150k, and US visas are easy if you have the finances to prove you're not immigrating regardless of E2 or not.
It'd be better to just buy real estate in those countries and get residency, or opt for another passport (like turkey) that isn't correlated with the carribean islands.
@@Global-livingg appreciate your rational view! Is there a way to connect somehow on instagram or telegram?
@@Global-livingg Have you successfully applied for a U.S. B1/B2 visa with this passport? If so, what was the interview process like as a renunciant? Cheers!
I WOULD LIKE TO KNOW HOW YOU GET CITIZENSHIP BY REAL ESTATE OR PROVIDING JOBS BY STARTING SOME BUSINESS
DAVID ADAM GRENIS MAPLETON AVENUE BOULDER COLORADO USA
You can do that in most 'tier-2/3' countries in the bulkans, eastern europe, or latin America.
I met a few folks who did that in Brazil, took about 4 years from start to finish to become citizens after they bought a condo and started a local business - not a big one, just employing like 20 people.
Why the third generation can't inherit this nationality, other Caribbean countries are not.
All carribean CBI countries as far as I remember have a rule that if you acquired the citizenship through financial means you cannot pass it on to your children without paying a fee (Usually few grand all the way up to 20k+ USD), and the same for your children.
This is the main downside to these programs, and why I consider Turkey's CBI scheme to be superior if someone has substantive amounts of capital.
@@Global-livingg I haven’t seen anyone talking about this subject, what are the costs then?
Country | Cost of adding a child under 18 years old |
|---|---|---|
| Antigua and Barbuda | US$10,000 (under 5 years old) or US$20,000 (6-17 years old) |
| Dominica | US$2,000 |
| Grenada | US$25,000 |
| St. Kitts and Nevis | US$500 |
| St. Lucia | US$5,000 |
@@abedbarake5795 These figures are only if you add them directly after birth, if they're already born the price is generally higher.
@@Global-livingg My friend, it is not fair or logical for these countries to take these exorbitant amounts, Saint Kitts is the best among them and also Turkish nationality.
Massive waste of money.
Great video! Could you share your email?