Comparing Dominica and Saint Lucia's Citizenship by Investment Programs

Dominica or Saint Lucia? Unveiling the Best CBI Program for You

A second passport can offer high-net-worth individuals and investors greater mobility, tax benefits, investment opportunities, and political/economic diversification.

Saint Lucia and Dominica both have appealing Citizenship by Investment (CBI) programs. Understanding the key differences is crucial when choosing the right program.

Comparison: Dominica vs. Saint Lucia

Notable Benefits

Both countries offer stunning Caribbean landscapes, beaches, climate, and culture. They've invested in infrastructure upgrades to attract tourists and investors.

Visa-free Access:

• Dominica: 143 destinations, including Schengen, China, Russia
• Saint Lucia: 148 destinations, including Schengen, UK

US Visa:

• Dominica: 10-year B-1/B-2 visitor visa, up to 180 days/year
• Saint Lucia: 10-year visitor visa, documents accepted at any US consulate

Citizenship Eligibility:

• 4-5 months for both, assuming no issues

Residency:

• Dominica: No residency requirement
• Saint Lucia: No residency requirement

Family Eligibility:

• Dominica: Spouse, dependents up to 30, parents over 65
• Saint Lucia: Dependents up to 25, parents over 55, siblings under 18

Taxes:

• Dominica: No taxes for non-residents, no income, wealth, inheritance taxes
• Saint Lucia: No taxes for non-residents, no income, wealth, gift, inheritance, capital gains taxes

Education:

• Dominica: Free compulsory education, higher ed scholarships
• Saint Lucia: UK universities offer preferential conditions, Commonwealth scholarships

Banking:

• Both allow easy access to European bank accounts

Requirements and Eligibility

Applicants for both programs must be at least 18, have no criminal record, and be in excellent health. They undergo background checks and pay non-refundable fees.

Both programs provide irrevocable, lifelong citizenship within 4-5 months. No residency is required to maintain citizenship.

Investment Options

Both offer straightforward CBI programs, with Saint Lucia providing more diversified options:

Dominica:

1. Economic Diversification Fund (EDF): $100K-$175K
2. Real Estate: $200K minimum

Saint Lucia:

1. National Economic Fund: $100K-$150K
2. Real Estate: $200K minimum
3. Government National Action Bond: $300K
4. Enterprise Project - Infrastructure: $100K

Choosing the Best Program

Carefully consider your goals and priorities when selecting between Dominica and Saint Lucia's CBI programs. Both offer excellent value and benefits.