Great news for Saint Lucia investment immigration: The legislation allowing the addition of dependents after the main applicant has obtained Saint Lucia citizenship has been officially released! WorldWay Group has learned that the Saint Lucia government recently amended the Citizenship by Investment Program legislation. This amendment focuses on the addition of dependents, including the scope of dependents, fees, and relevant documentation, effective May 6, 2019. The specific details are as follows:
After the main applicant becomes a citizen of Saint Lucia, the following family members may be added as dependents:
1. Dependents who meet the eligibility criteria at the time of submitting the application for adding dependents after the main applicant has become a citizen of Saint Lucia.
2. Children born after the main applicant has become a citizen of Saint Lucia;
3. A spouse married after the main applicant has become a citizen of Saint Lucia;
4. For newly added eligible dependents, the main applicant must submit the application within 5 years of becoming a citizen of Saint Lucia.
WorldWay experts state that the introduction of this amendment to the Saint Lucia Citizenship by Investment Program, which explicitly allows for the addition of dependents after the main applicant has obtained citizenship, is of great significance! It better meets the needs of the applicant and their accompanying family members, truly realizing three-generation immigration, and greatly attracting more investors!
In recent years, an increasing number of high-net-worth individuals have considered immigration due to issues such as global asset allocation, business environment, tax planning, and children's education. As a typical representative of "affordable price, noble status," the Saint Lucia investment immigration project has become a new favorite in the immigration industry, and its passport program has attracted the attention of visionary investors worldwide. According to the latest annual report from the Saint Lucia government, the number of applications for the Saint Lucia Citizenship by Investment Program (CIP) saw a massive surge in the 2017-2018 fiscal year, growing nearly 10-fold compared to the previous fiscal year, demonstrating the popularity of the Saint Lucia passport program!
In 2015, Saint Lucia approved the Citizenship by Investment Act. According to the 2017 amendment, applicants can obtain citizenship for three generations of their family with a donation starting from $100,000 USD. The passage and implementation of this act have made Saint Lucia one of the most cost-effective investment immigration programs in the world.
Advantages of the Saint Lucia Passport Program
● Obtain legal citizenship for the whole family at once with an investment starting from only $100,000 USD. Noble status at an affordable price;
● Convenient travel: Holders of this passport can enjoy visa-free, visa-on-arrival, or e-visa access to nearly 150 countries and regions, including the UK, Schengen countries, Ireland, the UAE, South Korea, Hong Kong (China), Taiwan (China), Singapore, etc.;
● Short processing time: Generally, approval can be obtained in about 12 weeks after submission;
● No residency requirements; no need to land in the country;
● Children can enjoy free British-style education. If returning to China for further studies as an international student, those who meet the criteria can easily enroll in top domestic universities without written exams; academic credits are mutually recognized among Commonwealth countries, allowing for transfers to other Commonwealth nations;
● Favorable tax system: No property tax, gift tax, inheritance tax, estate tax, or capital gains tax, and it is one of the few countries that does not impose global taxation;
● Beautiful environment, a vacation paradise.
As a top 500 Asian brand and a leading institution in the investment immigration industry, WorldWay Group has used its 22 years of successful professional experience to select the highest-quality investment immigration projects for investors. Building on the dream of investment immigration, we help investors reasonably conduct global asset allocation and wealth planning, spare no effort to protect client interests, and provide investors with comprehensive services!
Asset allocation, status first! In the 2019 year of status planning, choose WorldWay for your Saint Lucia passport application! Consultation Hotline: 400-138-2929
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