Saint Lucia CBI Promises Action on Processing Delays

Saint Lucia CBI processing delays

The Saint Lucia Citizenship by Investment Unit (CBI Unit) has annouced recent delays in application processing times faced by service providers. These Saint Lucia CBI processing delays are affecting the timeline for applicants seeking citizenship.

In a memo issued Friday, the Unit assured applicants that steps are being taken to address the backlog and expedite the process.

The memo attributes the delays to a combination of internal and external factors.

According to the CBI Unit, a major source of delay stems from incomplete applications and outstanding responses to queries raised during the review process.

The memo concludes with a pledge of “greater output soon,” highlighting the Unit’s dedication to minimizing wait times and offering a responsive and efficient service to applicants.

Saint Lucia’s Citizenship by Investment Program was established on August 24, 2015.

Saint Lucia passport by investment and citizenship are granted to qualified applicants with no residency requirements. Once the applicant is granted citizenship, he or she becomes a citizen for life.

 

Program Requirements

To obtain Saint Lucia citizenship and passport through investment, applicants must undergo strict due diligence checks, including mandatory interviews for primary applicants and all dependents aged 16 and above. The investment must be made in one of the following options: A non-refundable contribution (donation) to the Saint Lucia National Economic Fund, or purchase of real estate in a government-approved project AND payment of applicable government fees, or government National Action Bond (“NAB”).

These requirements have been highlighted amid concerns regarding Saint Lucia CBI processing delays.