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Buying Real Estate in Saint Lucia

When it comes to acquiring real estate property in Saint Lucia, the price range depends on your preferred choice of comfort. The choices are vast: family homes, luxury villas, modern condos, charming bungalows, apartments, or historic colonial villas. From secluded hilltop views to beachfront property, you’re sure to find a piece of real estate paradise in Saint Lucia that gives you comfort and peace of mind.

Set against the idyllic background of breathtaking Caribbean beauty and a storied history, Saint Lucia offers a great environment to live, work, play, invest and retire. The island’s history is steeped in European, Indian and African influences, which add to its irresistible beauty and charm, decent quality of life, and favourable tax incentives for investors. 

The top four reasons for buying real estate property in Saint Lucia are:

  • Low cost of living: Compared to many other Caribbean countries, the cost of living is low in Saint Lucia. 
  • Tax exemptions: As an investor, you benefit from a wide range of tax exemptions from the government, which allows you to grow and sustain your business. You also qualify for various incentives to investors offered by the government.
  • Very profitable real estate market: Due to its relatively stable political climate and natural beauty, Saint Lucia’s real estate market is very profitable, especially for high-end buyers and sellers.
  • Saint Lucia’s connectedness to the rest of the world: With the George F.L. Charles Airport located in the north and Hewanorra International Airport in the south, Saint Lucia is well connected to the rest of the world. The George F.L. Charles Airport in Castries offers flights within the Caribbean while Hewanorra International Airport is a major hub for international flights. 

Foreigners wishing to purchase real estate property in Saint Lucia can do so via two options: 

  • Option 1: Applying for an Alien Landholding Licence, or 
  • Option 2: Participating in Saint Lucia’s Citizenship by Investment Programme

For Option 1, a foreigner applies to the Citizenship by Investment Board for a certificate to become eligible to apply for an Alien Landholding Licence to purchase, acquire, lease land or continue to hold land in Saint Lucia. The certificate may be issued for between one to ten years.

A foreigner with a valid certificate, or an attorney-at-law on behalf of an alien with a valid certificate, may make an application to the Board for an Alien Landholding License to purchase, acquire, lease, subdivide land or continue to hold land in Saint Lucia.

For Option 2, foreigners who make a minimum US$300,000.00 real estate investment in pre-approved property in Saint Lucia’s Citizenship by Investment Programme can become citizens of Saint Lucia and issued Saint Lucian passports, thereby enabling them to purchase real estate property on the island. 

Since 2015, when the Saint Lucian Government launched its Citizenship by Investment Programme as a way of stimulating economic activity in the country, many people have been opting for Saint Lucian citizenship via Option 2. People the world over now enjoy the comfort of being home away from home. And so should you!

While Castries, Cap Estate, Rodney Bay and Marigot are popular picks for buyers, Saint Lucia’s real estate portfolio has grown over the years to include other viable locales. Some of the best places to buy property for sale in St Lucia are Rodney Bay, Marigot Bay, and Castries. 

In fact, Invest Saint Lucia (ISL), the national investment promotion agency, recently spearheaded the development of three major projects along the island’s east and west coasts, namely the Bois Jolie Residential Development (Phase 2) in Dennery, Beauchamp Development in Micoud, and La Fargue Development in Choiseul. The latter two locations offer prime land for both residential and commercial use. 

Imagine making a US$300,000.00 investment and becoming a Saint Lucian citizen, the holder of a Saint Lucian passport AND being able to purchase real estate property in Saint Lucia! This 238-square-mile island nation, made famous by its twin peaks – the Pitons – and its two Nobel Prize-winners, Sir Arthur Lewis and Sir Derek Walcott, is also known for its tropical climate and friendly people.

At McNamara Citizenship Services Inc., we offer a full-service advisory agency providing all the relevant services associated with your acquiring citizenship in Saint Lucia. We are an approved authorized agent under the Saint Lucia Citizenship by Investment Programme and use our intimate knowledge of the programme to guide you through the process of obtaining your citizenship.

Tempted yet?

If you are, then your initial step should be to contact the trusted team at McNamara Citizenship Services Inc. in Saint Lucia. With years of excellence and professionalism on our side, we guide you from the initial application stage to you becoming a Saint Lucian citizen, keeping you informed throughout the entire process. 

Our portfolio includes a long list of satisfied clients whom we have represented successfully on their path to acquiring dual citizenship in Saint Lucia and we highly recommend that you select Saint Lucia’s Citizenship by Investment Programme.

Your path to owning your own piece of Saint Lucian real estate begins at McNamara Citizenship Services Inc.

Contact us today and leave the rest to us.

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