The Caribbean region has long been synonymous with pristine beaches, azure waters, and a relaxed tropical lifestyle. Beyond its natural beauty, this idyllic part of the world offers a unique opportunity for individuals seeking second citizenship, a gateway to new opportunities, and a haven for global diversification. Two popular options in the Caribbean Citizenship by Investment (CBI) landscape are the programs offered by St Kitts and Nevis and St Lucia. This St Kitts vs St Lucia citizenship article compares each program’s pros, cons, and requirements, so keep reading to find out more!
As the world becomes increasingly interconnected and unpredictable, the concept of acquiring a second citizenship, sometimes referred to as “citizenship insurance,” has grown in popularity. In recent years, St Kitts and Nevis and St Lucia have gained prominence as coveted destinations for acquiring a second passport through investment, attracting a diverse array of applicants, from business tycoons to globe-trotting families. So, let’s take a look at just what makes citizenship by investment such an attractive option.
Caribbean Citizenship by Investment Program Benefits
Fast application process
Minimum investment starts from $100,000
Multiple investment options
Family eligibility
No residency requirements
Favorable tax environment
Visa-free travel to over 140 countries
Dual citizenship
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St Kitts and Nevis vs St Lucia Citizenship: The Main Points
St Kitts Citizenship by Investment | St Lucia Citizenship by Investment | |
Application Time | Four months | Two to three months |
Global Passport Ranking | 53rd. Visa-free travel to the Schengen Zone, the UK, Hong Kong, Russia, Singapore, etc. | 75th. Visa-free travel to the Schengen Zone, the UK, Hong Kong, Singapore, etc. |
Qualifying Investment |
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Taxes | No income tax on worldwide income, wealth tax, gift tax, inheritance tax, or capital gains tax | No income tax on worldwide income, wealth tax, gift tax, inheritance tax, or capital gains tax |
Residency Requirements | No stay requirements | No stay requirements |
Family Eligibility | Spouse, dependent children under 25, parents aged 65 and over | Spouse, children under 30, siblings under 18 (unmarried, no children), parents and grandparents aged 55 and over |
Application Requirements | No language, test, or residency requirements | No language or residency requirements |
Who can apply for citizenship?
To make an application for citizenship through either of these programs, the main applicant must fulfill the following requirements:
- Be over 18 years old
- Be able to demonstrate an outstanding character
- Be in excellent health
- Have a clean criminal record
- Pass a detailed background check
St Kitts Citizenship
Steeped in a captivating history that spans centuries, St Kitts and Nevis boasts a warm climate, lush landscapes, and pristine beaches that make it a coveted destination for those in search of an authentic Caribbean experience. This enchanting duo of twin islands, separated by a mere two-mile stretch of sparkling turquoise waters, has earned its reputation as a paradise for nature lovers, history enthusiasts, and seekers of unspoiled tranquility.
A great attraction of the St Kitts and Nevis Citizenship by Investment Program is that it is the longest-running CBI program in the world, having been established in 1984. The country has also consistently improved its requirements and processes to ensure the program’s longevity and reliability.
Investment options
The program offers three investment routes by which applicants can obtain citizenship on the island:
- A non-refundable minimum investment of $250,000 to the Sustainable Island State Contribution (SISC)
- A minimum donation of $250,000 to an Approved Public Benefit Project
- Investment in pre-approved real estate for a minimum of:
- $400,000 in an approved real estate development
- $400,000 in a condominium unit
- $800,000 in a single-family private dwelling
In addition to the minimum contribution amount, applicants will be required to pay additional fees such as due diligence fees, application form fees, government application fees, and passport fees.
St Kitts citizenship benefits
As mentioned, citizens of St Kitts and Nevis can enjoy a favorable tax environment with no income tax, wealth tax, or inheritance tax. In addition to this, the nation provides excellent education opportunities at all levels and quality healthcare thanks to the collection of hospitals and healthcare centers on the island. Finally, the cost of living here is considered to be moderate, with the estimated monthly costs for an individual estimated to stand at around $1,100.
St Kitts passport
The St Kitts passport is ranked 53rd on our Global Passport Index, which considers factors such as enhanced mobility, quality of life, and economic investment. The passport is valid for ten years after being issued.
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St Lucia Citizenship
Nestled in the heart of the Eastern Caribbean, where azure waters meet emerald landscapes, lies the enchanting island nation of St Lucia. Renowned for its dramatic scenery, rich cultural tapestry, and warm, welcoming spirit, St Lucia beckons travelers and adventurers to explore its shores and experience the very essence of Caribbean beauty.
The island’s citizenship by investment program, which was established in 2015, offers foreign investors an opportunity to diversify their portfolios and enjoy the many benefits that come with St Lucia citizenship.
Investment options
St Lucia’s CBI program offers four investment routes:
- A minimum contribution to the National Economic Fund (NEF) of $100,000 for a single applicant or $150,000 for a family of up to four
- Investment of at least $200,000 in pre-approved real estate projects
- Investment of at least $300,000 in non-interest-bearing Government Bonds
- An enterprise investment of at least $3,500,000 as a solo investor or $1,000,000 as part of a joint $6,000,000 venture
St Lucia citizenship benefits
St Lucia citizens also enjoy a number of tax benefits, including no income, wealth, or inheritance tax. The nation has invested much in developing its infrastructure and improving its airports, hospitals, accommodations, and marinas, all of which has continued to attract tourists and investors. The cost of living is relatively low compared to places like the UK and the US. Another attractive factor is the simplified the application process, with a more straightforward Caribbean citizenship interview and less documents required for the application.
St Lucia passport
With the St Lucia passport, visa-free access is enjoyed to over 140 countries across the globe. The passport is ranked 75th on our Global Passport Index and is valid for five years following the granting of citizenship. After it is renewed, the passport is valid for ten years.
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Which program is right for you?
Both programs offer multiple investment options and similar benefits, so how do you choose between them? Well, the ultimate decision will come down to cost, family inclusion, and the type of benefits you would like to enjoy.
Tax benefits
Both nations have created favorable tax policies where citizens can benefit from no income tax on worldwide income, no capital gains tax, inheritance tax, gift tax, or wealth tax.
Visa-free countries
Both passports afford the holder visa-free access to over 140 countries across the globe, including the Schengen Zone, the UK, Hong Kong, and Singapore. In addition to these destinations, St Kitts passport holders enjoy visa-free travel to Russia.
Investment options
Both programs offer multiple investment options that include fund donation and real estate investment. St Lucia’s options are more diverse, offering the chance to invest government bonds or an enterprise. Additionally, St Lucia’s minimum investment amount of $100,000 for a fund donation is more affordable, as is the minimum investment of $200,000 required for real estate purchase.
Dual citizenship
Both nations recognize dual citizenship.
Flexible requirements
Both application processes can be completed online. St Kitts has the added security of requiring applicants aged 16 and over to participate in a mandatory interview, as well as requiring successful applicants to collect their Certificate of Registration in person in St Kitts and Nevis, or from an approved Consulate or Embassy.
Family inclusion
The St Kitts and Nevis CBI program allows for the inclusion of the following family members:
- Spouse
- Children of the main applicant or spouse under 18; between 18 and 25 (in education and fully supported by the main applicant or spouse); or 18 and over and mentally/physically challenged
- Parents of the main applicant or spouse aged 65 and above who are fully supported by the applicant
The St Lucia CBI program allows for the inclusion of:
- Spouse
- Children of the main applicant or spouse under 21; between 21 and 30 and fully supported by the main applicant or spouse; 21 or over and mentally/physically challenged
- Parents and grandparents of the main applicant or spouse aged 55 and above
- Siblings of the main applicant or spouse who are unmarried, without children, aged 18 or younger, and have received consent from their parent or guardian to apply for citizenship by investment
Keep reading
You may be interested in our other Caribbean citizenship comparison articles:
- Caribbean Citizenship by Investment Comparison
- St Kitts vs Dominica Citizenship
- St Lucia vs Dominica Citizenship
- Grenada vs Dominica Citizenship
- Grenada vs St Kitts Citizenship
- Grenada vs St Lucia Citizenship
- Antigua vs St Kitts Citizenship
- Antigua vs Grenada Citizenship
- Antigua vs St Lucia Citizenship
- Antigua vs Dominica Citizenship
Why work with Global Citizen Solutions?
- Global approach by local experts. We are corporate members of the Investment Migration Council, with local expertise in all five Caribbean citizenship programs.
- 100 percent approval rate. We have never had a case rejected and will offer you an initial free-of-charge due diligence assessment before signing any contract.
- Independent service and full transparency. We will present to you all the investment options available, and all expenses will be discussed in advance, with no hidden fees.
- An all-encompassing solution. A multidisciplinary team of immigration lawyers, investment specialists, and tax experts will take into consideration all your and your family's mobility, tax, and lifestyle needs.
- Confidential service and secure data management. All private data is stored within a GDPR-compliant database on a secure SSL-encrypted server.
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Frequently Asked Questions about St Kitts vs St Lucia Citizenship
It will depend on your individual circumstances and requirements but overall, yes, St Lucia citizenship is worth it. Benefits include visa-free travel to over 140 countries, favorable tax policies, and the chance to live in a slice of Caribbean paradise.
Both programs have their advantages. For example, St Lucia’s CBI program is more affordable and offers more diverse investment routes, but the St Kitts passport is stronger and ranks higher on the Global Passport Index. The right program for you will depend on your individual circumstances.
Yes, the St Kitts and Nevis passport is powerful. It ranks 55th on our Global Passport Index, which takes into account enhanced mobility, quality of life, and economic investment. The passport allows visa-free travel to over 140 countries, including Russia.
