St Kitts and St Lucia are outstanding citizenship by investment programs in the Caribbean. Here’s how to compare the important differences between these two programs, so that you will know where to invest.
All in all, here is a quick summary
- St Lucia is much cheaper compared to St Kitts with donation options when it comes to single applicants.
- St Kitts donation might be cheaper for families compare to St Lucia due to the limited time discount offered to families.
- If you are looking for a full recoverable investment, St Lucia Covid bond option is the way to go.
|CBI||St Kitts and Nevis||St Lucia|
|Donation Investment||USD 150,000
Single Applicant: $109,500
|Real Estate Minimum||USD 200,000||USD 300,000|
|Government Bonds||Not Available||USD 250,000 (refundable after 5 years)|
|Processing times||60 days||56 days|
|Personal visit||fully exempt||fully exempt|
|Due Diligence Fee||Main Applicant: $75000 / Child above 16: $5000||Main Applicant: $75000 / Child above 16: $4000|
|Passport validity||10 years||5 years|
|Passport power (visa free)||154 destinations||146 destinations|
|Family friendly||Yes (siblings accepted)||Yes (siblings accepted)|
|Citizenship to Family Generations||3rd generation only||3rd generation only|
|Covid discounts||Family of 4 pay $150k (instead of $195k)||50% discount to Bond sum $250k (instead of $500k). Prices cut for families|
|Restricted countries||Iran, Sudan, North Korea, Somalia||Iran|
|Personal income tax||0%||Residents only (upto 30%)|
|Tax on Wealth, Inheritance, Capital Gains||0%||0%|
|Tax Treaties||Caricom, Monaco, Switzerland, United Kingdom||Caricom, Switzerland|
|FATCA (inforce)||April 28, 2016||September 1, 2016|
|Cryptocurrencies||Not accepted||Not accepted|
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