About St Lucia
Saint Lucia is a sovereign island country in the West Indies in the eastern Caribbean Sea on the boundary with the Atlantic Ocean.
In 1979, the country became Independent from the UK and a member of the Commonwealth of Nations.
Government: Unitary parliamentary constitutional monarchy.
Monarch: Elizabeth II.
Official language: English.
Major religion: Christianity.
Population: 178 000 (2016).
Membership: Commonwealth, Caribbean Community (CARICOM), Organisation of Eastern Caribbean States (OECS) and La Francophonie.
Currency: Eastern Caribbean Dollar (XCD), pegged to the US dollar.
Geography and climate
Area: 617 km2.
Climate: Tropical, with alternating dry and wet seasons, moderated by trade winds.
Air temperatures: average 28°C.
- Tropical climate with mild temperature all year round
- The World Heritage Site of two volcanic Pitons
- Famous Sulphur Springs and hot pools
- Drive-in volcano
- Boat trips and zip lining
- Low crime rate
- Modern facilities and infrastructure
Tourism sector accounts for 65% of the nation’s GDP. It is the major source of jobs and income and is the highest foreign exchange earner. The government is committed to improving the infrastructure and tourism-related sectors to attract an even bigger number of investors. Its main contributors are stay-over visitors and cruise arrivals.
Agricultural sector is the second largest industry. The economy relies primarily on the sale of bananas, as well as coca, coconuts, citrus fruits and livestock. Many crops are produced for local consumption.
Like with many other Caribbean states, Saint Lucia has been affected by hurricanes which is why the government came to realise that the economy cannot solely rely on agriculture and tourism. IT and financial services sectors are currently other development targets.
Benefits for investors
- Citizenship for life for the whole family
- Dual citizenship
- Relatively stable political environment
- Visa-free access to many countries worldwide
- Educated and skilled English-speaking workforce
- Improved infrastructure
- High ranking in the Doing Business Report
- Tax benefits: no wealth, foreign income, capital gains, gift tax
Citizenship by Investment Program
The Saint Lucia’s Citizenship by Investment Programme (CIP) was launched in 2015 under the Citizenship by Investment Act. Foreign high-and ultra-high-net-worth individuals and their families can become eligible to acquire St Lucia’s citizenship by registration in exchange for a qualifying investment in the economic development and growth of the nation, subject to them complying with other requirements.
Second passport with Imperial & Legal
Imperial & Legal will help you get a second passport of Saint Lucia within the shortest time and at a minimum cost.
We have a team working in London and on the island that will assist you during the whole process, from selecting a real estate for investment, collecting documents and filling in all required applications to obtaining a passport.
We guarantee quality, reliability, professionalism and complete confidentiality.