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How can I invest in a Saint Lucia passport through the Covid-19 Relief Bond?

I heard that they were considering closing this pathway soon. What is the deadline and how much would it cost to bring my wife and 6 children?


Answers
  • Clarion Law / Zevio Inc
    November 03, 2022

    You are correct; that bond option will not be available after December 31, 2022. The investment sum will depend on the bond holding period and the number of people applying with you (your qualifying dependents). You can decide to hold the bond for 5, 6 or 7 years. The options available are: applicant alone (5-year holding period): US $250,000; applicant applying with 1 qualifying dependent (6-year holding period): US $250,000; applicant applying with up to 4 qualifying dependents (7-year holding period): US $250,000; applicant applying with up to 4 qualifying dependents (5-year holding period): US $300,000; each additional qualifying dependent: US $15,000. Other fees are – nonrefundable administrative fee of US $30,000; due diligence fee of US $7500 for applicant and US $5000 for each qualifying dependent 16 years and over; passport fees/NIC US $110 per applicant; agent fees.