Wednesday, April 24, 2024

Best Second Passport is St Lucia

The popularity of the second passports have seen a huge demand in 2017, thanks to number of uncertain events happening in the world such as Trump visa ban, Brexit, India demonetisation, Qatar crisis in the Middle east.

St Lucia passport is widely considered to the “Best second passport” because it extremely popular, cheaper costing as little as $100,000, fast processing times within 2 months, visa free travel to Europe, United Kingdom, Singapore and over 120 countries.  Those who apply for citizenship by investment in St Lucia have an opportunity to invest in real estate for passport starting from $300,000

All other countries in Caribbean and Europe offering second passports are quite expensive, runs over $200,000 in bills or require to be residents. Dominica comes closer priced at $100k to St Lucia. Only Malta and Cyprus offer second passport but not quickly without becoming a resident and the price tag attached is close to millions. You also have to be very careful in applying for second passport programs because you will only be approved after carrying out extensive due diligence check vetting process. Any convictions such as being a fugitive, fraud, or previous visa denials will lead to ‘refusal’ of passport in these countries. It does not matter how much money you invest.

There is no requirement to visit or to be a resident in St Lucia to apply for passport.  Citizenship can be extended to family such as spouse, children and parents.

In 2017, Saint Lucia passport had visa free travel access to 127 countries in the world. Dual citizenship with other countries allowed for citizens of St lucia. Anyone applying for citizenship by investment in Saint Lucia must do so through a licensed CIP authorised agent.

Don’t think St Lucia is just for a ‘second passport’. The country is very beautiful due to its tropical weather and scenery of numerous beaches and resorts. with good quality of life, low crime and ease of doing business offshore.

St Lucia’s new citizenship by investment program only launched in Dec, 2015 and major changes to CIP and The Saint Lucian Government has announced several amendments to its Citizenship by Investment Programme which are effective from January 1st, 2017 such as lowering the costs to $100,000

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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