What about Saint Lucia?

Since watching the movie "Pirates of the Caribbean", all my friends know about this magical sea area. With the rise of immigration in recent years, Caribbean countries have also attracted the attention of many overseas people. The following is a true story. I have to say that immigrating to Saint Lucia is really the most economical and affordable way in the Caribbean!

When it comes to Caribbean passports, many people will mention the name of St. Kitts and Nevis. Although the name is confusing, due to Zhang Lan, the president of South Beauty, and the beauty born in the 90s on the rich list, Longfor Real Estate’s The second-generation owner Ji Kaiting also owned this passport. For a time, St. Kitts seemed to have become synonymous with the Caribbean.

But in fact, on the small islands dotted in the Caribbean, there are quite a few countries with stable immigration projects, such as Saint Lucia.

The geographical location of Saint Lucia

This island country located in the middle of the Windward Islands in the Eastern Caribbean Sea has officially started its investment immigration project for global investment citizenship applicants in 2015. It attracted countless immigrants. How can you see it? Let’s give an example first:

Lao Wang owns a company worth tens of millions of dollars in China. He recently plans to go public overseas, so he often travels to many European and American countries for meetings. However, when Lao Wang, who has never immigrated to another country, applied for visas for some countries, the process was cumbersome and cumbersome. So he decided to immigrate to St. Kitts, following in the footsteps of the rich.

However, when he discussed it with his friends, he found that immigrating to St. Kitts was not very affordable, because not only did he have to immigrate, but his wife and adult children also had to immigrate. So on this issue, Lao Wang wavered between Dominica and Saint Lucia. Because both island countries allow dual citizenship, and the tax treatment is also very satisfactory. For example, capital gains are tax-free. It can be said that reasonable and legal tax avoidance can be carried out whether in Dominica or Saint Lucia.

Unable to figure it out, Lao Wang decided to ask his immigration expert friend Lao Li, hoping that he could give constructive advice.

Lao Li said that the personal immigration fee for St. Kitts is US$250,000. If you have a wife and adult children, then if they immigrate with you, each person will need to add US$50,000. And Dominica The personal immigration fee is only 100,000 US dollars, but the cost for one more person is still 50,000 US dollars, but it is still much cheaper no matter what. However, comparing it to St. Lucia, although the individual price is the same as Dominica, the cost of adding an additional family member is only US$25,000. In this calculation, it is even more cost-effective.

As for the economy, Dominica is a low- and middle-income country, and its economy is mainly based on agriculture. The government strives to promote agricultural diversification, but your company is engaged in foreign trade, and Saint Lucia’s main trading partners are the United States and The United Kingdom, Canada and Caribbean *** member states. It can be said that if it can help your trade, Saint Lucia, which has a more developed economy, is a better choice. And those tax exemptions you are interested in can be enjoyed in these Caribbean island countries.

If we compare St. Kitts and St. Lucia, both of them are countries that have not established diplomatic relations with China. However, in terms of the economic cost of application, the latter is much more economical and the approval time is shorter. shorter. Therefore, whether it is St. Kitts or Dominica, after comparing St. Lucia, I found that St. Lucia is the most cost-effective and most suitable for Lao Wang.

After hearing this, Lao Wang suddenly realized that island countries in the same sea area had such detailed differences in the welfare of their residents. It seems that when doing identity planning in the future, you must compare multiple aspects.

Saint Lucia with a pleasant environment

Overview of the Saint Lucia immigration project

1. Cheap investment amount

In 2015, Saint Lucia West Asia has approved a new immigration bill - the Saint Lucia Citizenship by Investment Act.

Starting from 2017, Saint Lucia immigrants will implement the latest immigration bill, and the minimum donation for Saint Lucia immigrants is only $100,000. Become one of the lowest-cost immigration countries in the world’s legislative programs.

With a starting price of only US$100,000, you can quickly apply for a Saint Lucia passport in one step. Saint Lucia is a member of the Commonwealth and can apply for a visa-free visa for countries and regions such as the United Kingdom and the EU Schengen countries.

2. The welfare advantages are fascinating

1. Visa-free travel (including visa on arrival) to 137 countries and regions, including the United Kingdom, Hong Kong, Singapore, and countries in the Schengen area ;

2. Convenient tax planning: non-residents of the country are exempt from tax;

3. Dual nationality is recognized;

4. Saint Lucia is a member of the Commonwealth. Grants citizens privileges in the United Kingdom and other Commonwealth countries;

5. The climate is suitable for living and has the best travel routes to North America, Canada and Europe.

Having said so much, which groups of people are more suitable for investment immigration in Saint Lucia?

1. Hope that the property is properly managed:

Facing the current anti-tax avoidance environment, many high-net-worth individuals hope to use reasonable and legal tax avoidance methods. Well, this effect can be achieved if you use St. Lucia tax residency status. Saint Lucia is a world-famous tax-free paradise with no property tax, gift tax, inheritance tax, inheritance tax, capital gains tax, etc., and is one of the few non-global taxing countries.

It can be said that as a Saint Lucian, you can easily deploy assets, inherit wealth, and enjoy the freedom of tax paradise.

2. Those whose companies need to be listed overseas:

As a citizen of Saint Lucia, you can register an offshore company overseas, and Saint Lucia has a developed offshore Finance is not only helpful for companies to list overseas, but also to carry out offshore business and holding investment and operations.

3. Entrepreneurs:

Those who cannot sit in immigration prison or pass the language naturalization test due to domestic business reasons can use Saint Lucia citizenship to obtain citizenship in Canada, the United States, Permanent residents of Australia and other countries receive almost the same treatment. Moreover, Saint Lucia recognizes dual nationality, which is an ideal choice for those whose career and family focus are still in China.

4. Tax residents of other nationalities:

Those who need to retain their permanent residency and Maple Leaf Card in the country where they have immigrated. If they immigrate to Saint Lucia, their passports can legally enter and exit the country where they immigrated. national borders.

5. Retirees:

Retirees who want to retire globally can take advantage of the Saint Lucia passport’s permanent residency in the Eastern Caribbean and visa-free entry to nearly 150 countries. Electronic visas make it convenient to travel to various parts of the world for retirement, medical treatment, recuperation, and travel.

6. People who often attend meetings and travel:

Those who need to frequently go to Europe, North America and other places for business, meetings, tourism, and vacations must have a Saint Lucia passport in their visa application It is much more convenient. After all, there are 137 countries and regions where Saint Lucia can travel visa-free (including visa on arrival), including the United Kingdom, Hong Kong, Singapore, and countries in the Schengen area.

7. Studying abroad:

Those who need to study abroad and transfer across countries can quickly enroll in most countries with a Saint Lucia passport, which provides a 6-month visa-free treatment.

8. People who want to improve their children’s education:

With a Saint Lucia passport, you can attend international schools as a foreign student and enter top domestic universities without taking the college entrance examination.

9. Foreign trade:

Mainly export rum, pottery, mattresses, foam plastics, vegetables; import food, building materials, agricultural products and automobiles, etc. The main trading partners are the United States and Caribbean countries.

With a minimum of US$100,000, you can apply for Saint Lucia immigration in one step. It is really one of the lowest-cost immigration countries. What are you still hesitating about?