Easy Living In the Caribbean: Choose St Lucia CBI

Of all the options available for perpetual travelers who want to acquire second citizenship, St Lucia CBI offers an excellent option besides the typical paths of real estate and donation.

On many occasions, we’ve discussed living in St Lucia, and this island jurisdiction as a possible second or third citizenship, a status that you can access through straightforward methods.

Living in St Lucia: Knowing and Enjoying the Helen of the West Indies

In the Greek myth, Helen was a woman of exquisite beauty, such exquisite beauty that it triggered the legendary Trojan war. By kidnapping Helen, Paris awoke the rage of the Greeks, who started a war to get her back. We all know how this conflict ended, with a story that teaches us about the very essence of human beings, a story from a civilization that is the cradle of Western society. 

The island of St Lucia is also famous for its charms. It's home to the Pitons, two very distinctive peaks that embellish the tropical horizon and provide outstanding hiking experiences and excursions. These twins are actually volcanic plugs of 2400 and 2600 feet each, and are named Petite and Gros Piton (small and large peak, respectively). Besides, there are plenty of other nice places to visit on the island, like the Sulphur Springs and the botanical gardens, Diamond Falls. 

As we can see, the allure of St Lucia lies in its coastal views and inland attractions, which make it a fantastic vacation spot and, why not, a relocation place worth considering.

St Lucia: A Princess Coveted by Two Powers

The first thing that comes to mind when hearing “Helen of the West Indies” is that the island mirrors Helen of Troy's beauty. While this is true, it's not the origin of the nickname. Like many other Caribbean destinations, St Lucia was a strategic point for any of the powers that were trying to conquer the New World, and this territory in particular was contested between France and Great Britain for centuries. Thus, it went back and forth between them both, very much like Helen of Troy. 

In a period of 150 years, St. Lucia changed rulers 14 times. In 1650, the island was purchased by the French government, and they settled here within a year. However, the English tried to seize it in 1659, claiming that they had intended to colonize the island first. The end of this long conflict was marked by the French finally surrendering St. Lucia in 1814. 

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St Lucia CBI: Still A Coveted Princess in the 21st Century

Two centuries later, the picture completely changed. St Lucia is now an independent country which still maintains a close connection to its British roots, being a parliamentary monarchy and having its own parliament. A Member of the Commonwealth, St Lucia has a surface area of 616 square kilometers, and the census of 2020 indicated a population of 183,000 inhabitants.

Its main economic driver has been banana crops, but as competition increased, they have been forced to find new sources of income. Now, tourism and international finances constitute a key portion of their internal gross product (around 80%). Agriculture remains a main driver for the economy, constituting 4% of the GDP, yet the availability of agricultural land has diminished from 20,000 hectares to 12,000. Nonetheless, the St Lucia manufacturing sector is the most diversified in the eastern Caribbean.

St Lucia CBI As a Magnet for Foreign Investment

In this context, St Lucia CBI plays an important role by encouraging foreigners to invest in the country's economy, real estate sector, and national development funds. When it comes to St Lucia citizenship, cost starts with the real estate or donation investments plus the corresponding fees.

Analyzing St Lucia Citizenship Cost

Our latest source of information stipulates St Lucia citizenship cost through donation starting at $240,000 for a family of four, with the possibility to add qualifying dependents for $10,000 (under 18) and $20,000 (over 18)*. 

*Important note: the prices named here may be outdated at the time of reading. These prices should be taken as general guidance and not as confirmation or an official quotation. Updated fees and prices, and St Lucia citizenship cost will be discussed only through formal consultations. 

St Lucia CBI is characterized by having a third and unique option: government bonds. Through this, the applicant obtains the full return of the funds after the stipulated period, an advantage you won't find with the donation, which is not reimbursable. Through real estate, one can get full cashback plus capital gains if the property is sold, but this requires the process of selling and the contingency of whether the property’s value actually increases. With the bond, you get your money worry-free, without depending on the market’s fluctuations, but the downside is that they don't pay dividends. 

Disclaimer: this article doesn't constitute investment or migration advice. Before making any important decisions regarding these areas, make sure to consult with a qualified and certified professional. 

Living In St Lucia: CBI Can Be Your Answer

If there's one main advantage of citizenship by investment, this is straightforwardness. Through traditional methods, citizenship is achieved only after lengthy processes that can take years and astronomical red tape. The St Lucia CBI, as well as other similar programs, offer the possibility to become eligible through a donation or investment, and citizenship is only granted after a thorough screening process. 

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