As one of the best Caribbean islands, St Lucia is a fantastic place to live and invest. Famous for its beauty, quality of life, tax incentives, and booming real estate market, St Lucia has so much to offer.

Are you interested in buying St Lucia real estate? Whether you are looking through the real estate listings for your dream property, a beachfront holiday home overlooking the Caribbean Sea,  commercial properties, or even commercial land, this article will take you through the most important points about buying property in this island nation in the Eastern Caribbean.

Why buy St Lucia real estate?

Beautiful and safe Caribbean island Beautiful and safe Caribbean island
Low cost <br>of living Low cost
of living
Very profitable real estate market Very profitable real estate market
Tax <br>exemptions Tax
exemptions
Path to St Lucia citizenship Path to St Lucia citizenship
Well connected to the rest of the world Well connected to the rest of the world

St Lucia Real Estate Market: History and Overview

A true gem of the Caribbean, St Lucia is an island renowned for its beauty. Home to the mesmerizing Piton mountains, it is blessed with clean long sandy beaches, lush rainforests, refreshing waterfalls, and colorful coral reefs. Well connected to the rest of the world – with direct flights to the US, UK, Canada, and Germany – and a cost of living cheaper than in most of the Caribbean countries as well as a very dynamic real estate market, St Lucia is a fantastic place to buy property.

There are different types of residential and commercial properties for sale in St Lucia. You can find family homes, apartment buildings, luxury villas, modern condos, charming bungalows, historical colonial villas, and even plots of land for a wide range of prices. Some of the best places to buy property in St Lucia are located in the northwest part of the island – such as Rodney Bay, Marigot Bay, and Castries.

Since 2015, the government has established the St Lucia Citizenship by Investment Program, granting individuals who made a significant investment in the country’s economy a St Lucia passport. It is now possible to obtain St Lucia citizenship by real estate investment.

Take a look at our St Lucia citizenship by investment ultimate guide

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How to Buy St Lucia Homes for Sale

There are two ways of purchasing real estate in St Lucia:

Purchase property in St Lucia by applying for an Alien Landholding License.

Purchase St Lucia property through the Citizenship by Investment Program. Invest in pre-approved property and get St Lucia Citizenship.

  • Option 1: Invest a minimum of $200,000 in pre-approved high-end branded hotels and resorts
  • Option 2: Invest a minimum of $200,000 in a boutique property

Where to buy St Lucia real estate?

Have a look at the real estate listings, and you will find St Lucia homes for all tastes. You can also enlist the services of St Lucia real estate agents, who will use their expert knowledge of the local market to help you find your dream home. Additionally, if you are planning on renting out your real estate investment in St Lucia, there are plenty of companies offering property management services so you can have your rental income stress-free.

At the northernmost point of the island is the Cap estate, a sought-after development close to the largest golf course in Saint Lucia. Very close to Cap estate is Rodney Bay, a popular tourist area with dozens of hotels and shops.

On the opposite side of the island is Vieux Fort, which has this name because of an ancient military fort overlooking the waters south of the country.

What do St Lucia homes cost?

st lucia The cost of St Lucia homes varies depending on the type of property and location. Starting from $200,000, you can purchase a beautiful local home. Modern condos and bungalows’ prices are around $300,000, while beachfront villas cost about $1,000,000.

Additionally, you can find properties such as apartments in gated waterfront developments, historic colonial homes, and cottages for a wide range of prices. The following example of real estate listings will give you an idea of the cost of St Lucia homes:

  • Four-bedroom spacious homes with views of the Caribbean Sea can be purchased for around $386,469
  • Two-bedroom town homes on the island’s western coast can be found for around $299,000
  • Three-bedroom luxury guest houses with breathtaking views of the Atlantic Ocean can be found for around $1,450,000
  • Plots of land on the southeast coast of the island can be bought for around $6.26 per square foot

Through the citizenship by investment program, pre-approved government property prices start at $200,000 and are mostly high-end branded hotels and resorts or boutique properties.

Step-by-Step Guide for Buying Real Estate for Sale in St Lucia

Requirements for non-nationals

  1. Look for property and make an offer once you find the right one.
  2. Once your offer has been accepted, instruct a local attorney to prepare the Deed of Sale, conduct due diligence, and apply for the Alien Landholding License.
  3. Pay a deposit of 10 percent, which will be held in escrow.
  4. Pay all required taxes and fees.
  5. Pay the property price.

St Lucia transaction costs

Below are the buyers’ required fees to purchase St Lucia real estate based on the property value:

  • Alien Landholding Licence = depends on the acres
  • Stamp duty = 2 percent
  • Legal fees = 0.5 percent – 2.50 percent

Cost of an Alien Landholding License:

  • Up to 1 acre: $5,000
  • 1 acre up to 10 acres: $10,000
  • 10 acres up to 20 acres: $20,000
  • 20 acres up to 50 acres: $30,000
  • 50 acres up to 100 acres: $40,000
  • Over 100 acres: $50,000

Calculate the cost of citizenship for you and your family, including all associated fees.

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Is it worth purchasing St Lucia real estate?

It is absolutely worth purchasing a St Lucia property. Get the property of your dreams in one of the most beautiful Caribbean islands and benefit from a high quality of life. With very favorable tax exemptions, a low cost of living, and an excellent real estate market, St Lucia is the place to purchase property in the Caribbean. Thanks to the St Lucia Citizenship by Investment Program, buy pre-approved property and obtain the St Lucia passport in no more than three months. So, should you invest in St Lucia? It’s hard to find a reason not to.

Why use Global Citizen Solutions?

Global Citizen Solutions is a multidisciplinary firm offering bespoke residence and citizenship solutions in Europe and the Caribbean. In a world where the economy and politics are unpredictable, having a second citizenship opens up opportunities and creates flexibility for you and your family.

So, why work with Global Citizen Solutions to obtain St Lucia citizenship?

  • Authorized International Marketing Agent. Global Citizen Solutions have official certification by the Government of St Lucia to promote and market their Citizenship by Investment program. You can find a copy of our certificate by clicking the image on the right
  • Global approach by local experts. We are corporate members of the Investment Migration Council, with local expertise in all five Caribbean CBI programs.
  • 100 percent approval rate. We have never had a case rejected and will offer you an initial, free-of-charge, due diligence assessment before signing any contract.
  • Independent service and full transparency. We will present to you all the investment options available, and all expenses will be discussed in advance, with no hidden fees.
  • An all-encompassing solution. A multidisciplinary team of immigration lawyers, investment specialists, and tax experts will take into consideration all your and your family's mobility, tax, and lifestyle needs.
  • Confidential service and secure data management. All private data is stored within a GDPR-compliant database on a secure SSL-encrypted server.

Frequently Asked Questions about St Lucia Real Estate

What kind of St Lucia homes can I find?

You can find residential and commercial properties for sale in St Lucia. Real estate listings include family homes, luxury villas, modern condos, charming bungalows, apartment buildings, and historic colonial villas for sale at a wide range of prices.

Where are the best places to buy property for sale in St Lucia?

Some of the best places to buy property for sale in St Lucia are Rodney Bay, Marigot Bay, and Castries.

Can a foreigner buy real estate for sale in St Lucia?

Yes, you can buy Saint Lucia real estate for sale as a foreigner. You will have to apply to an Alien Landholding License in order to buy St Lucia property. You can also apply to the St Lucia Citizenship by Investment Program and purchase pre-approved property in exchange for receiving a St Lucia passport.

What is the real estate investment needed to get St Lucia citizenship by investment?

You can receive St Lucia citizenship by investing a minimum of $200,000 in real estate, from a list of pre-approved projects. Alternatively, you can also obtain citizenship by making a donation of at least $100,000 to the country’s National Economic Fund.

Is it possible to have St Lucia dual citizenship?

Yes, dual citizenship is allowed in St Lucia.

What are Caribbean real estate prices like?

Caribbean property prices depend on the country. In St Lucia, prices are comparatively low, with the prices around $1,860 per square meter.

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