Saint Lucia Launches Covid-19 Relief Bond
The government of St. Lucia has introduced a new option into its citizenship by investment portfolio. The Covid-19 Relief Bond was launched on 12th May and will run until 31st December 2020.
Applicants can now invest from $250,000 for a single appplicant or $300,000 for a family of four. The bonds, which are at 0% interest need to be held for five years. Further government fees and due diligence fees apply.
With the return of capital after 5 years the bonds will have a lower total outlay than the existing $100,000 donation. Applicants need to consider of course that their capital is tied up with zero return for that time period.