St Lucia vs Dominica – Citizenship by investment

St Lucia  entered citizenship by investment market in 2015, while Dominica is most popular CIP program running since 1993. As of 2017, both the programs cost $100,000 for their passports. One big difference is real estate is cheaper in Dominica costing $200,000.

But what is the main difference between Dominica and Saint Lucia citizenship by investment passport programs? Lets take a look below..

Dominica and St Lucia passport

St Lucia

Dominica

Economic citizenship by investment programme  started in  2015  1993
National Fund (one time donation) $100,000 (donation)

1. Applicant applying alone: $100,000

2. Applicant applying with spouse: US$165,000

3. Applicant applying with spouse and up to two (2) other qualifying dependents: US$190,000

4. Each additional qualifying dependant, of any age: US$25,000

$100,000 (donation)

1. Single Applicant: a non-refundable contribution of US$ 100,000 is required

2. Main Applicant and Spouse: a non-refundable contribution of US$ 175,000 is required

3. Applicant with up to three dependents (Applicant plus spouse and two children below the age of 18): a non-refundable contribution of US$ 200,000

4. Applicant with up to four dependents or more (Applicant plus spouse and more than two children below the age of 18): a non-refundable contribution of USD 200,000 (plus USD 50,000 for each additional dependent).

Passport rank 37th in world passport rankings* 41st in world passport rankings*
Visa free travel  125 countries * 119 countries *
Processing time  3 months  4 months
Real estate  $300,000  $200,000
Government bonds  $500,000  option not available
Business Enterprise  $1,000,000 (joint venture)  option not available
Passport valid for  –  10 years
Visa not required  United, Kingdom, Argentina, Chile, EU schengen states, Singapore, Hong Kong, Israel, South Korea, Switzerland, India, Iran, Egypt United Kingdom, EU Schengen states, Singapore, Hong Kong, Israel, South Korea, Switzerland, India, Iran, Egypt
 Visa required United States, Canada, South Africa,  Brazil, Australia, New Zealand, Thailand, Russia, China, Japan United States, Canada, Brazil, Argentina, Chile, South Africa, Australia, New Zealand, Thailand, Russia, China, Japan
Dual citizenship  allowed  allowed
 Personal visit  not required  not required
 Residence requirements  none  none
Due Diligence fees
Principal applicant:
US $7,500
Each qualifying dependant (Over 16 years of age):
US $5,000
Main Applicant – USD 7,500*
Spouse – USD 7,500
Dependant aged 16 years and above – USD 4,000
Population 184,999 72,324
GDP
$1.4 billion
$521 million
Geography
Saint Lucia is more mountainous than other caribbean islands.
 Dominica is called “Nature Isle” full of waterfalls, rain forests, mountains.

* Henley visa restrictions index 2016

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We assist clients with citizenship by investment in Dominica and Saint Lucia. Please contact us for a free quote with private consultation or call +41 71 577 46 23 .

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Balakrishnan Prabhu

Mr. Balakrishnan Prabhu is the founder of Corpocrat magazine. He is also the founder of Best Citizenships (BC), assisting wealthy individuals with with global citizenship and residency programs in Europe. His other interests are Linux, Machine learning, Wordpress, etc. You can contact him here