St Lucia vs Antigua and Barbuda Citizenship: Key Differences

The opportunity to move to another country and make life easier is offered to wealthy entrepreneurs. Participation in unique programs allows them to take advantage of this chance. Requirements to applicants differ, but the result is often the same – investors receive a second passport together with their family.

The peculiarity of the Caribbean programs lies in the absence of the condition of permanent residence. Thus, St Lucia citizenship can be obtained through a simplified process. Saving money and, most importantly, time looks attractive and promising.

St Lucia citizenship program

The program has been available since 2015. Interested foreigners invest at least 100 thousand dollars in the country, and the state offers favorable conditions for residence. The observations of an expert from the agency Immigrant Invest Elena Ruda will help you to take part in the offer.

Requirements

The application form for St Lucia citizenship by investment includes information on security, health, and the investment option chosen. There are four ways for foreigners to decide how to invest and obtain an official residence permit:

National Fund Contribution. The application fee starts at $100,000 for a single applicant. The investor pays an additional fee for processing the application. Another fee accompanies inclusion on the family form.

Purchase of bonds. In this case, the cost of participation will rise to $300,000. Foreigners can buy back the bonds and recoup the made investment.

Purchase of property. Such an application will cost from $200,000. An additional expense is a non-refundable fee. Sale is available after 5 years of ownership.

Investing in a local business. The minimum contribution is 1 million dollars. If the foreigner invests alone, the cost will be 3.5 million. The inclusion of other applicants costs 25 thousand dollars per person.

The applicant is obliged to provide documents on the absence of a criminal record and the results of a medical examination. The same concerns family members.

Benefits

The interest in the proposal is explained with several advantages. Foreigners who have obtained a St Lucia passport by investment enjoy eligible to:

  • traveling without a visa;
  • tax optimization;
  • issuing a tourist visa to the USA.

A simple and safe procedure is available with less capital investment. The opportunity to incorporate an international company is attracting huge interest.

Antigua and Barbuda citizenship program

The introduction of the proposal in 2013 attracted a lot of attention. Foreigners get access to the benefits of holding Antigua citizenship by investment. The application is considered within 3-6 months, and after that, the cosmopolitan enjoys favorable conditions for tax payment and business development.

Requirements

The applicant must fulfil the simple requirements of the country to qualify for a passport. There is no need to renounce the former, as dual citizenship is allowed in the islands. Investment choices include non-refundable contributions, purchase of residential/rental property and support of local businesses.

An increase in the amount accompanies additional persons in the application. Permanent residence on the islands is not required, which is a tangible advantage of Antigua and Barbuda passports by investment.

Benefits

Affordable cost, quick payback, and no travel restrictions (business trips) lure investors. In addition, children and close relatives receive a quality education in the country or abroad. Overall, citizenship is an excellent option for large families.

  • The other benefits are summarized as follows:
  • visiting the islands at any time, including restrictions;
  • extended rights in other Caribbean countries;
  • opportunity to retain first citizenship.

The program specialists will help you to pass the way to your second passport comfortably. Processing documents and handing them over to the consulate are tasks performed by licensed agents.

Programs comparison

Despite some similarities between program offerings, investors need to consider their choices. Reviewing your personal requirements can help you evaluate the proposals in light of the differences found. If you are not ready to move to a new country and want to keep your passport, check out Antigua and Barbuda citizenship by investment.

Simple and secure procedures are available in all Caribbean islands. The whole family can complete the journey from foreigner to citizenship holder. Accompanied by expert guidance allows you to avoid unforeseen surprises. As visiting Saint Lucia is not compulsory, it is possible to complete the program remotely.

Conclusion

Caribbean investment programs are attractive and affordable. Opportunities to include family members and grow a business, return investments, and retain a passport are provided. Tax optimization and changes to the tax system allow for capital appreciation.

The offers are similar, but it is worth evaluating programs based on personal requirements. It is advisable to consider the payback period, opportunities for property use, and the authorization of two passports. An expert’s opinion will help you choose the right option based on the desired outcome.

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website.

You May Also Enjoy

Estate Agents should not all look the same
Estate Agent Talk

How to Become an Estate Agent with No Experience

Breaking into the property industry can seem intimidating – especially if you’ve never worked in it before. But the good news? You don’t need years of experience or fancy qualifications to start a career as an estate agent in the UK. In fact, many successful estate agents started with no background in property at all.…
Read More
buying at auction uk
Estate Agent Talk

9 Advantages of Selling Your House by Auction

Selling your house by auction might seem like a daunting prospect, but it comes with numerous advantages that can make it a highly attractive option. While the traditional method of selling through an estate agent has its place, auctions are increasingly becoming a popular choice for homeowners looking for a swift and reliable sale. Here…
Read More
Breaking News

Majority of Tenants Unsure How Changes Will Affect Them, Says LRG

With major changes to the private rental sector on the horizon, 62% of tenants say they don’t know whether the government’s Renters’ Rights Bill will address their concerns – highlighting a growing need for clearer communication around what the reforms will mean in practice. LRG’s latest Lettings Report shows that while landlords are widely aware…
Read More
Home and Living

Perfume Storage Tips: How to Keep Your Fragrances Fresh

Perfumes are sensitive compositions that can be significantly affected by how they are stored. Proper storage ensures that your favorite fragrances stay fresh and maintain their intended scent profile. In this article, we’ll explore practical, fun, and effective tips to help you preserve your perfumes in perfect condition. Understanding the Sensitivity of Perfumes Perfumes are…
Read More
Breaking News

Renters’ Rights Bill Delay Causing Uncertainty for Tenants and Landlords

Ministers need to tell landlords and tenants when measures in the Renters’ Rights Bill will take effect the National Residential Landlords Association (NRLA) is today warning. The Government pledged last year to abolish Section 21 ‘no explanation’ repossessions and to make other changes to the rental market this summer. With the Bill not scheduled to…
Read More
Breaking News

Breaking Property News 02/04/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Made Snappy 360 appoints new CEO and Sales Director to accelerate growth in the property technology space Made Snappy 360, the fast-growing proptech company known for its virtual tours and floor plan technology, has appointed industry veteran Mark Beresford-Ward as its new Chief Executive…
Read More