St Lucia NABbonds

In plain words

St Lucia NAB bonds (Saint Lucia government bonds, the National Action Bond) are a refundable option for obtaining citizenship by investment. Instead of a non-refundable fund contribution, the applicant buys government bonds for a set term, and at the end of it the money invested is returned — usually without interest.

The main difference from a contribution: it is not a non-refundable payment but a temporary freezing of capital. You hold the bonds for several years (the term is set by the programme), receive a Saint Lucia passport and then get the sum back. Government and administrative fees are added to the investment and are not refunded, but the main part of the capital is preserved.

This route suits those for whom recovering the investment matters and who are prepared to freeze capital for the holding period of the bonds. Compared with a fund contribution the threshold is higher and the money is “tied up”, but in the end it stays with the investor. We help compare both options and choose the best one for your goals and capital structure.

Where the bonds apply

What matters about the bonds

How the bond route goes

1. 01Comparison with the contribution
2. 02Preparing the file
3. 03Buying the bonds and DD
4. 04Approval
5. 05Passport, then repayment

What you need to know

• NAB bonds are a refundable option for Saint Lucia citizenship
• You buy government bonds for a term instead of a contribution
• The money is returned at the end of the term (without interest)
• Capital is frozen for the holding period
• Fees are non-refundable, but the main sum is preserved

Common mistakes

• ✕Expecting interest — the bonds usually pay no income
• ✕Forgetting the non-refundable fees on top of the bonds
• ✕Not accounting for capital being frozen for the term
• ✕Comparing only the price, without regard to refundability
• ✕Hiding a contentious episode — the check will find it

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