As of January 2020, the program offers 4 possible paths to acquiring golden citizenship:
1. PROPERTY INVESTMENT ROUTE: A purchase of government approved real estate worth a minimum of $300,000, can serve as the basis for a second citizenship application in St Lucia. The investment must be held for a minimum period of 5 years. While St Lucia is technically situated outside of the core hurricane belt, climate change is leading to more intense and unpredictable weather patterns.
Over the next few decades, it is possible that the area negatively impacted by hurricanes may expand in size. This is a factor to take into consideration prior to purchasing property anywhere near the hurricane belt; as is the cost of natural disaster related insurance costs over time.
2. GOVERNMENT DONATION ROUTE: A non-refundable donation of only $100,000 to the National Economic Fund of St Lucia serves can serve as the basis for applying for citizenship for a single applicant. Based solely on pricing, the St Lucia program is frequently favoured for single applicants seeking a second passport from Nigeria, Ghana or Kenya. For a married couple, the required contribution is only $165,000, while a $190,000 donation serves as the basis upon which a family of 4 can obtain St Lucian citizenship.
Additional family members can be added to the application at $25,000 each.
There are, however, more powerful passports to be obtained at similar price points if you’re applying as a family, but if you’re a singleton, the St Lucia program is well worth considering as one of the most affordable passport programmes in the Caribbean.
3. ENTERPRISE INVESTMENT ROUTE: An investment of $3.5 million into an approved enterprise project, leading to the creation of no less than 3 permanent employment opportunities, can serve as the basis for an economic citizenship application in St Lucia. Given the availability of simpler, lower risk options, most applicants do not opt for the enterprise investment route to obtaining St Lucian citizenship.
4. GOVERNMENT BOND INVESTMENT ROUTE: A $500,000 interest free investment in St Lucian Government Bonds can serve as the basis for a St Lucian citizenship application. The investment must be maintained for a minimum period of 5 years. Again, even at a projected opportunity cost of as little as 5% returns per annum, the NEF donation based route starts being a lot more compelling.