St. Lucia’s Citizenship-by-Investment program is now the least expensive.St. Lucia’s Authorised Promoter in Dubai Jeremy Savory, CEO & Founder of Dubai based Citizenship Processing Firm, Savory and Partners welcomed additional cost-effective options for his firms’ clients: “Dominica currently leads the way in terms of cost effectiveness in particular for single applicants. With the new changes in St. Lucia, although the difference in price is minimal, at least Immigrant Investors have another option at half the price of other similar second passport programs.” The key changes to CIP include, the removal of the requirement to have financial resources of at least US 3 million dollars. A Single applicant now has to contribute US$100,000 to the economic fund. The cost was initially US$200,000. For an applicant with a spouse the new amount is now US$165,000 – it used to be US$235,000. The maximum of 500 applications per year has also been removed which means more investors can apply for the program.
