Dominica and St Lucia has become most affordable citizenship by investment programs for one person (single investors) in 2021. These programs are not only become highly competitive but also have become very cheaper for those who seek second passports.
Both countries have introduced significant changes to their CIP legislation to attract families and dependants.
Though both CBI programs have the same USD 100,000 contribution requirements, but what makes the two program differ?
St Lucia is slightly cheaper for single persons and the processing times are much faster. Another important difference to spot is St Lucia is cheaper by $25,000 for a family of four than Dominica. Dominica does not have Covid govt bonds options (exclusive limited offer with St Lucia).
Both countries exempt any personal visit or residency requirement. Both these programs have grabbed top spots in CBI Rankings for 2021.
Important differences
We have put together important differences between the Dominica and St Lucia CBI programs below..
| Dominica | St Lucia | |
| Donation |
Sole applicant: US$100,000 Applicant with spouse: US$150,000 Family of four: US$175,000 |
Sole applicant: US$100,000 Applicant with spouse: US$140,000 Family of four: US$150,000 |
| Average Processing times | 90 days | 56 days |
| CBI Rankings | #2 | #1 |
| Passport validity | 10 years | 5 years |
| Visa free countries | 140 | 145 |
| Real Estate Minimum | USD 200,000 | USD 300,000 |
| Covid Govt bonds | Not available | USD 250,000 (refundable) |
| Voting rights | No | Yes |
| Govt application processing fee | USD 1000 | USD 2,000 for main applicant and USD 1000 each dependant |
| Due diligence | USD 7500 main applicant and USD 4000 for dependants above 16 | USD 7500 main applicant and USD 5000 for dependants above 16 |
| Post citizenship additions | Yes | Yes |
| Family friendly | Yes | Yes |
Visa free travel
There are also important difference between the two passports with visa free benefit based on visa waiver agreements. For example both passports will give you visa free travel to United Kingdom, EU schengen countries etc. You will need a visa to visit Canada, US and other countries.
| Dominica | St Lucia | |
| Russia | Yes | No |
| Israel | Yes | Yes |
| Brazil | Yes | No |
| Argentina | Yes | Yes |
| South Africa | No | No |
| Serbia | Yes | No |
| Thailand | No | No |
| Ukraine | Yes | eVisa |
| South Korea | Yes | No |
| Turkey | eVisa | eVisa |
| Malaysia | Yes | Yes |
