What status is obtained, how is it renewed, what longer-term residence/citizenship direction is officially stated, and what happens to the investment when relevant?
Under the Citizenship by Investment Act No. 14 of 2015 and the Citizenship by Investment Regulations No. 89 of 2015 (as amended), an eligible person acquires citizenship of Saint Lucia upon a successful application, payment of a qualifying investment and signing the Oath of Allegiance. The CBI Unit describes the investment as opening the way to citizenship for life. The official source does not state what happens to the bonds after the holding period.
See recorded sources
Limits of the record- The source does not state what happens to the bonds after the holding period (redemption or repayment).
- https://www.cipsaintlucia.com/faqs
The Citizenship by Investment Act No. 14 of 2015 and the Citizenship by Investment Saint Lucia Regulations No. 89 of 2015 with their respective amendments, allows an eligible person to acquire citizenship of Saint Lucia pursuant to a successful application and upon the payment of a qualifying investment and signing the Oath of Allegiance.
- https://www.cipsaintlucia.com/faqs
From the date of notifying your Authorised Agent that your application has been accepted for processing, it will take approximately ninety (90) days to the grant of citizenship.
- https://www.cipsaintlucia.com/citizenship-by-investment
Making key economic investments in Saint Lucia opens the way to citizenship for life.