St Lucia vs Vanuatu Citizenship: Differences in Caribbean Programs

Modern people transcend boundaries, encompassing lifestyle, educational institution choices, workplaces, and so on.

Economic and geopolitical factors significantly influence the decision regarding one's place of residence. This is precisely why the service of acquiring second citizenship has gained considerable popularity. Numerous countries extend advantageous conditions to prospective citizens.

St Lucia passport by investment is considered a popular path as a reserve option. It is a small country located in the Caribbean. It offers favorable conditions, which many people rush to use. Vanuatu Citizenship is not a bad alternative. In this article, we will help you find out the most suitable option. 

St Lucia Citizenship

The main cash flow comes from foreigners, so the country is actively developing tourist infrastructure. Agriculture and fishery also occupy a significant place. 

The program with favorable conditions for investors is among the most affordable in the world. Foreigners can open their businesses, purchase real estate or invest in government bonds, and operate infrastructure facilities (resort complexes, marinas, and others) to obtain a St Lucia passport by investment. 

Ways to Obtain the St Lucia Citizenship

Saint Lucia's St Lucia program has been successfully implemented since 2015. Requirements for participation are as follows: 

• Contribution to the state fund - $100,000;

• Investment in real estate - $300,000;

• Purchase of government bonds - $250,000.

The registration procedure takes about three months. At the same time, the applicant is guaranteed complete security of personal data retention. Relatives can also obtain a passport. Personal presence is not required; specialists deal with the documents.

Benefits of the St Lucia Citizenship

An undoubted advantage of St Lucia citizenship by investment is the direct air connection with Western countries. In addition, there are the following advantages: 

• Affordable cost (from $100,000);

• Free travel without visa requirements to 146 countries;

• The ability to quickly obtain a tourist visa to the U.S. for 10 years;

• Affordable education in the UK;

• Opportunity to open an account and conduct financial transactions in reliable banks in Europe;

• Flexible tax system;

• Fast documentary processing (2-6 months).

Remote processing through a licensed agent is also available, where complete confidentiality is guaranteed.

Cost and Fees

The cost of the service depends on several factors, including the specific goals of the applicant, the number of individuals requiring documentation, and other related features. When applicants reach out to the official Immigrant Invest agency, they can expect to receive comprehensive consultations on any questions they may have.

Vanuatu Citizenship

Those who prefer to move freely around the world and to get a safety cushion from economic or political instability are offered the following option. The islands of Vanuatu are a paradise with endless beaches, exotic nature, and a tropical climate. The country is actively developing. The Vanuatu CBI program program was launched in 2017 and has been effectively implemented. This program aims to promote tourism and attract external investments, with applications being processed promptly."

Ways to obtain the Vanuatu Citizenship

You must make a mandatory contribution to a government fund to participate in the Vanuatu passport by investment program. The minimum amount is $130,000. There are no additional requirements such as mandatory residence, language, and cultural knowledge. The applicant can receive a passport together with his family members. 

It is possible to complete the necessary documentation remotely by contacting an agent.

Benefits of the Vanuatu Citizenship

Vanuatu is the only country in Oceania offering mutually beneficial conditions for its residents and other nationalities. Social spheres and agriculture are successfully developing due to attracting investment funds. The investor can also obtain undeniable advantages: 

• A developed infrastructure;

• A visa-free entry to Asian countries, including Hong Kong, Singapore;

• Possibility to apply for a long-term visa to the USA;

• Better tax conditions for the development of international business.

Picturesque islands are the best option for those thinking about creating a "reserve airfield", allowing them to take refuge from the unstable economic and geopolitical crisis in other countries.

Cost and Fees of the Vanuatu Citizenship

It is recommended to contact a licensed migration agency for detailed information on the conditions of obtaining Vanuatu citizenship by investment and the service cost. Immigrant Invest specialists have extensive experience in carrying out such operations.

Programs Differences

Presently, Vanuatu and Saint Lucia both present enticing opportunities for foreign investors. According to Zlata Erlach, an expert at Immigrant Invest company, selecting the ideal option should be based on your individual requirements. If your priority is expeditious document processing, Vanuatu is the optimal choice. On the other hand, a passport from a Caribbean nation like Saint Lucia is your ticket to enhanced prospects for visa-free global travel.

Final Thoughts

Having a secondary citizenship is becoming increasingly urgent. It is necessary to factor in conditions of the unstable global situation, the development of COVID-19, war in Ukraine, amongst other factors. Getting a second citizenship is the optimal way to remove visa restrictions to travel safely. After making a comparison of the different conditions, it's up to you to make your choice.