Good news! Recently, the Saint Lucia Immigration Department announced that the validity of the COVID-19 Bond Program has been extended for one year, until December 31, 2021.
In addition, the Immigration Department stated that the application fees and other costs for the COVID-19 Bond Program will remain unchanged after the extension!
Nestor Alfred, the Director of the Saint Lucia Immigration Department, stated: "The necessary regulatory amendments to allow for the extension will be completed soon. Once implemented, the Immigration Department will continue to accept applications under the COVID-19 Bond option in 2021."
To combat the COVID-19 pandemic, the government of Saint Lucia launched the low-cost immigration COVID-19 Bond Program in May of this year, allowing investors to purchase Saint Lucia government bonds starting from $250,000, with the principal returned after a minimum holding period of five years, providing a low threshold and low cost for the entire family to apply for citizenship in the Commonwealth country of Saint Lucia.
Originally, the validity of the COVID-19 Bond Program was set to expire on December 31, 2020, but now the Immigration Department has announced a one-year extension, which is a significant benefit for investors. In the coming year, investors can continue to apply for Saint Lucia citizenship at the low cost of $250,000, which may attract more investors to immigrate to Saint Lucia. Investors interested in applying for a passport from the Commonwealth country of Saint Lucia should seize the opportunity and apply early to benefit sooner!
Furthermore, the government of Saint Lucia has currently revised the investment citizenship program legislation, expanding the scope of dependent applicants, lowering the requirements for children and parents to become dependents, and adding siblings of the main applicant as dependent applicants. Additionally, the family reunification policy has been modified to allow for the addition of eligible dependents after the main applicant obtains citizenship, including children born or legally adopted after obtaining citizenship, and spouses married after obtaining citizenship. Moreover, dependents who were eligible before the applicant obtained citizenship can apply for citizenship within five years after the applicant obtains citizenship. These policies also apply to the COVID-19 Bond Program in Saint Lucia.
It is evident that, in terms of policy direction, the new immigration legislation in Saint Lucia significantly enhances the effectiveness of family reunification policies and meets the application needs of applicants and their spouses and children, undoubtedly attracting more investors for direct investment! Now is the best time to invest in immigration to Saint Lucia!
Project Advantages
1. Limited-time policy, backed by national credit, with principal returned at maturity, making the investment risk-free;
2. Legally obtain citizenship (nationality) in one step;
3. Low threshold and low cost to obtain a legal passport;
4. Fast application process, typically approved within 2-3 months after submission;
5. No immigration monitoring requirements, no need to land;
6. No language, interview, or educational requirements;
7. Convenient travel, with the ability to hold this passport for visa-free, visa-on-arrival, and electronic visa access to nearly 150 countries and regions, including the United Kingdom, Schengen countries, Ireland, the United Arab Emirates, South Korea, Hong Kong, Macau, Singapore, and more;
8. Children can enjoy free British-style education, and academic credits are mutually recognized with some Commonwealth countries, facilitating transfers to other Commonwealth countries for study. If returning to China as an international student for further studies, eligible individuals may also be exempt from written exams to attend prestigious domestic universities;
9. Tax benefits, with no property tax, gift tax, inheritance tax, estate tax, or capital gains tax, and it is one of the few countries that do not impose global taxation.
As a proactive promoter of investment citizenship programs in Commonwealth countries, the professional immigration agency that introduced the Saint Lucia investment citizenship program earlier, Worldway Group has maintained a good relationship of trust, interaction, and cooperation with the government of Saint Lucia.
Currently, during the Canadian Immigration Month, a limited-time promotion is in full swing, with three major surprises in January 2021, and daily red envelope giveaways; free copies of the "Million Immigration Plan White Paper" and "Quickly Obtain Maple Leaf Card Q&A Manual" are available. For more discounts, please consult Worldway Group. Service hotline, Mainland China: 400-138-2929 Hong Kong, China: (852)2802 8798.
Some content of this article is sourced from the Kosdromos Immigration Service Platform WeChat public account. *The above information is for reference only and should not be used as an investment basis. Investment involves risks, and choices should be made with caution.*