In the post-pandemic era, acquiring a second identity has gained significant attention. Possessing a second identity not only provides travel convenience but also facilitates better global asset allocation, wealth succession, and opens up more possibilities for children's education and careers. Financial magnate Jim Rogers has stated that he holds more than one passport, and his children have even more! A second passport and identity have become a standard consideration for high-net-worth individuals!
Located in the Caribbean, Saint Lucia is close to the United States and Canada. It boasts a beautiful natural environment with pristine white sandy beaches, lush tropical rainforests, and hot springs, and has been named a world-renowned honeymoon destination for 11 consecutive years. With its pleasant climate, high-quality education, comprehensive medical care, and stable economic and political systems, Saint Lucia has become a premier destination for health planning and investment migration among high-net-worth individuals! So, what are the benefits of holding a Saint Lucia identity?
Freedom of Travel
According to the "Q3 2021 Global Mobility Report" released by Henley & Partners, some investment citizenship countries with ultra-high global mobility identities have performed remarkably well. Holding a Saint Lucia passport allows for visa-free, visa-on-arrival, or e-visa access to nearly 150 countries and regions, including the United Kingdom, Schengen countries, Ireland, the United Arab Emirates, South Korea, Hong Kong (China), Macau (China), and Singapore. This truly realizes freedom of travel, brings new business opportunities, and allows for business operations across multiple countries/regions, facilitating successful expansion into global markets. This enables more effective management of personal wealth while enjoying high-quality education, medical care, and other resources, allowing families to lead a more valuable life.
Children's Education
Holding a Saint Lucia passport allows children to enjoy free British-style education. Furthermore, academic credits are mutually recognized with some Commonwealth countries, making it convenient to transfer to other Commonwealth nations for studies. If returning to China for further education as an international student, those who meet the criteria may be exempt from written examinations for admission to top domestic universities. It can be said that whether pursuing studies abroad or attending top-tier schools domestically, one enjoys significant advantages.
Tax Planning
Immigrating to Saint Lucia not only allows one to enjoy the scenery of a beautiful island but also leverages Saint Lucia's superior tax system to assist with overseas asset allocation. Saint Lucia offers favorable tax policies, with 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.
In addition to the various advantages mentioned above, Saint Lucia is a stable country in all aspects, making it not only suitable for living and traveling but also an ideal destination for investors. Currently, investors can apply for immigration to Saint Lucia through the Saint Lucia Citizenship by Investment Program, easily embarking on an international lifestyle while achieving a win-win for overseas investment and overseas identity!
To cope with the COVID-19 pandemic, Saint Lucia launched the Saint Lucia COVID-19 Relief Bond program on May 12, 2020. By investing a minimum of $250,000 in government bonds, the principal can be returned after a minimum holding period of 5 years, and the entire family can obtain a Saint Lucia passport. This is the first new immigration method among Caribbean countries to offer low-cost investment, return of principal on government bonds, and the acquisition of a Commonwealth passport. Since its launch, this program has been highly popular among investors! Gratifyingly, based on market feedback, the validity period of the Saint Lucia COVID-19 Relief Bond program was extended by one year from December 31 of last year to December 31, 2021. This means that there is not much time left before the program's deadline. Interested investors should seize the opportunity to apply early and benefit early!
As an active promoter of Commonwealth citizenship by investment programs and a professional immigration agency that introduced the Saint Lucia Citizenship by Investment Program early on, Worldway Group has always maintained good trust, interaction, and cooperation with the government of Saint Lucia.
For details on the Saint Lucia immigration program, please consult the Worldway Group service hotline. Mainland China: 400-138-2929; Hong Kong (China): (852) 2802 8798.
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