St. Lucia Citizenship by investment: Pros and cons
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- Опубліковано 7 сер 2024
- Let's talk about St. Lucia Citizenship by investment program and what you can get from it.
St. Lucia offers 4 different ways to get your second passport, which is more than other economic citizenship programs out there.
The most common route most people take is making a donation, and currently St. Lucia has got the lowest price tag of $100,000 for a single person.
The real estate option is coming along, but it will take a while to set it up.
The third and interesting route to take to get St. Lucia Citizenship by Investment where you can put money in government bonds for 5 years, after which you get your money back.
As for finding out what the fourth option is all about, keep watching the video carefully.
Up until recently, this citizenship program was a bit more prohibitive when it comes to the net worth of an individual, but has since then changed course and lowered the criteria a bit.
What do you get as a citizen of St. Lucia?
Well, to start off, they've got some of the best beaches you can find, which are even rivaling the Cayman Islands in some aspects.
In terms of visa-free travel, you get a good reliable travel document, with which you get access to UK and Ireland, as well as to Schengen area, and most of South America.
If you're a US citizen, St. Lucia second passport could be a good option for you, especially if you pair it with another good travel document.
To learn more about other Caribbean economic citizenship programs, check out this video:
• Antigua Citizenship by...
This video is a part of "Caribbean citizenship by investment programs", and you'll definitely want to stay tuned for new videos we'll be posting.
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ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
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My father was born in St Lucia. I will be taking my birth certificate there in order to get my St Lucian passport 🇱🇨 I’m so excited!
Nurse Dom Congrats!
You just saved $100K.
Hello, please I'd love to chat privately with you.
I have been thinking of doing this myself - both of my parents are Lucian 😀
This will be my my Wife and I retirement location by the Summer of 2020. We love St. Lucia so very much. #1
Another great video! Thanks Andrew! (I was hoping this St Lucia vid would be available today since the other CBI’s are getting updates) I enjoyed the comment about nicer beaches here. I’d like to visit all the islands sometime.
Thank you Andrew. I just listened to your interview with Robert Kyosaki on Rich Dad Radio and I’m devouring your content.
Thanks again for your insight, it’s greatly appreciated.
Much appreciated; welcome.
Thank you! So informative
I'm enjoying this updated version of the CBI options. Just as you advice in your other videos, this programmes are not guaranteed to be around forever. More requirements will be added for people who want join at a later date. Andrew please discuss Malta, Austria, Vanuatu, Cambodia & Cape Verde programmes.
Whats not to love about St Lucia? Gorgeous!
I'm like your student and you're my teacher oh my goodness I'm learning so much from you you're amazing
Wow, thank you Amirah!
Hi Andrew and thank you for the updates on CBI programs. I was wondering if you can make a video on some of the South American countries like Peru, Uruguay, Paraguay and Argentina. I heared they also have their own programs.
Thanks for the update, Andrew
Jose Jones Happy to help, Jose
Quality content!
Great video Andrew! Please can you also share the requirements to apply for this citizenship by investment and can you also recommend an agency that can help as well
Hi Andrew, quick question -- from the time your authorized agent submitted your application to the St. Lucia CBI Unit, how long did it take for you to get approved?
Thanks for all the info!
Comment already published in st kitt video but as it's a general content concerning all locations and related person's interests, i publish it here too : Thanks for this video series still very focused on investment options. What really miss are minimum presence period obligation per year (mentioned only in the Antigua & Barbuda video if i remember well) and taxes if we have a real address in the choosed country (not necessarily to live in but for the purpose to have a tax residency to prove our first country we don't depend on him anymore for taxes). The thing is if we build a company in one of those countries (nevis for example), we have an address but does it drive to taxes then? Also, what are the pro and cons for someone to have an address and a company in the same country as generally it's adviced to split interests ? Can CBI program in one country and residency program in another could be a replacement solution? Appparently not for sport traders for example as a betting exchange platform (such as betdaq for example) will ask you both a residency proof and an id.
These were just examples of basic question articulation about these programs and informations necessary for anyone having to choose a citizenship by investment program.
I have french passport because Im from Martinique , we are neighborhood island so common and so different ! 🤣
European union 🇪🇺
European union 🇪🇺
Can you do a video for countries that’s thinking about CBI program like st.vincent?
Is it possible to to pay lowe taxes safe without living in the country for 6 mounths a year ? I think monaco and Switzerlandd has this rule, maybe even Cyprus. Greece is nice but i think maybe it is not so tax and goverment secure, i have heard some horror story from there :) I am swedish zitisen. Thank You
Which agency did you use?
There are 4 large resorts that are going up in St Lucia currently. 2 Golf, 1 Horse and the other is 2 luxury hotels. There will be plenty of home / villias available within the next 3 years.
I would like to live in the horse community. They are much more polite than humans.
beautiful. 💓
I have a daughter. I would be interested in a video, which second passport options offer the best education options for her as a citizen? Upvote if you agree.
Is it possible to get a passport to St. Kitts?
So does it sounds logical andrew to wire you $100000 plus other hidden fees otherwise is not required to meet in person or even have an interview with the immigration authorities
Air travel from the US seems very costly to St. Lucia.
Is it a flat fee for life or does the passport fee have to be renewed and what is that fee?
It is renewed like a normal passport every five years.
Can you stay and work in those Visa free countries?
Yes
This pasport go irland
Interesting video. Just one thing. MEXICO belongs to North America, along with CANADA and the US, NOT Central America......
What is your net worth?
$5. you?
Brother Get to the POINT.
You might be getting a principle back nominally but you are losing on inflation.
Pero sin chavos no podemos hacer nada
Easy South Africa citizenship 2018
LMAO
Please easy citizenship South Africa and Mexico easy citizenship please jaldi video
Nomam Khan As far as I know, Mexico has no CBI options, so you'll want to look into ancestry or residency
What about if someone wanted to start a business there, i.e. a software company? Would they maybe look favorable at that and possibly offer citizenship? I don't have the funds to exercise those other options without breaking my nest egg and I'm in my 50's and my nest egg is all I have. Thanks to the dot com bubble in the 2000's and a broken partnership resulting in going bankrupt, it's been a long road to this point. But I've got a product and desire to start a software business with this product and would hire locals wherever I were to go. Want to leave California in the worst way but want fair weather to grow my veggies year round like how you can do here. (I'm plant based diet guy and it's important to me to grow my own food). I had considered moving to Puerto Rico but with the Covid b.s. I am no longer considering that option since lockdowns are worse in Puerto Rico than here in California.
hi wut
its possible to start a software company all by yourself,
you need to get in touch with Invest St lucia and propose an investement.
if you live in the island after 7 years you re entitled to citizenship.
regards
@@charlesthomas8639 thanks, after seeing their response to the covid hoax I changed my mind about wanting to consider that country
@@vutEwa yes its pathetic....hook line and sinker....they believed it all.
however be aware that if you dont toe the line of the WHO you wont get money to "fight"the pandemic.
so in truth the lucian leaders have no choice.
In other words if you pay off the mafia boss, sorry, government you can legally bribe your way in...
Apologize to comment on a year old video.
Here's my humble opinion, Satin Lucia is a bit outrage on it's various rise, it is an avoidable option for CBI.
Considering visa free, St.Lucia has more visa free than Commonwealth of Dominica, but it doesn't has free access to countries that deserves us for a summer visit, which are the countries that Dominica passport do has visa free access to them, countries like Serbia, Brazil and Uruguay; comparing them to Argentina and Chile, these two are massively crowed for tourism, natural beauty is relatively isolated by urban, of course not much, but I thinks, especially Uruguay and Serbia are better places to visit and easier for visitors to enjoys the local specialty. Honestly, then for the rest of other countries that St Lucia passport enjoys visa free entry, they are MOSTLY not places which people of CBI should feel free to visit them on Caribbean passport, some countries gives hardship to CBI personal of Caribbean passport, like my experience in Cambodia, the border inspection arrested me right away, he said he couldn't accept my Caribbean passport, I believes, this is also applicable to African countries which Saint -Lucia passport enjoys a visa free access. And about Taiwan, St Lucia abolished it's diplomatic connection with China to put Taiwan on instead, and hence exchange this visa free access with Taiwan, but come on, how many people really needs to visit Taiwan as their major spot? Especially for CBI personal, they probably look up more chances from China than in Taiwan, another scary fact is, China is likely going to hands on Taiwan for sure, this diplomatic connection with Taiwan was so useless from a predicable future perspective, and supposes that you really want to enjoy visa free to Taiwan because you look up to Taiwan more, then considers that, after China take over Taiwan, anyhow you won't be able to visit there on visa free access again, although it might be recovered, but chance is low, as St.Lucia volunteer to somehow "hostile" China, when Lucia government explained their move to linked with Taiwan, the official statement was sentimental, a kind a like "so what!" to China; hence, for visa free to Taiwan, on most of the western passport is enough.
Comparing it to Commonwealth of Dominica, I find that Saint Lucia has an agenda of ideology making, a type of nationalist sentiment, it is just my intuitive feeling, not a fact that which I've observed to demonstrate it. Where for the rest of other CBI nations in Caribbean, you are meant to be a "free man", especially free from nationalist sentiment, and commonwealth of Dominica is the easiest and the cheapest one, hence I am in favor to Commonwealth of Dominica instead.
Thanks for the insight!
That's a lot of personal opinion, speculation and conjecture. If you end up actually learning of anything factually based that could help us or contribute to our wealth of knowledge, please share. It would be greatly appreciated.
Sir by ur name i suppose u are an indian. I am an indian too. And i have plans to move to a more tax relief country in future. May i ask which country are u presently residing? My name in kunal dutta
Simeon Yisrayiyl Why were you arrested upon entering Cambodia?
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ءزق
Why would anyone want THIS PASSPORT? Its not EU OR EEA
Who cares about Monte Nigro??
Stop buying out our country for these small prices
Jer Will Call your government; they’re the ones who can help.
😂
Jer Will lol sad
you make us passport buyer feel good
Now I want to buy one...