St Lucia Extends COVID-19 Relief Bond Option Deadline

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The Government of St Lucia has approved the extension of “The Special COVID-19 Relief Bond” for an additional one year period. The revised expiry date is now December 31, 2021.

The St Lucia Citizenship-by-Investment Programme (CIP) is the only one of its kind in the world to offer bonds as the qualifying investment. This option requires the purchase of non-interest bearing bonds at a value of US$250,000 for a family up to four.

• As a single applicant, you are required to hold the bonds for five years
• As a married couple, you are both required to hold the bonds for six years
• As a family of four, you are all required to hold the bonds for seven years. This period can be reduced for a family up to four back down to five years if you purchase US$300,000 in bonds.

There is also a non-refundable administrative fee of US$30,000. Regular due diligence and passport fees also apply.

The St Lucia passport affords visa-free travel to 146 countries but how does that compare to other CIPs? Visit our Country Access Tool to compare the unique visa-free countries each CIP offers.

For further information on the COVID-19 Relief Bond option or the traditional contribution to the National Economic Fund, don’t delay and contact us today.