Is getting St. Lucia's passport worth it for tax benefits? - 4 views

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  #1 souls11 on 09 Mar 25

   

  I've been looking into St. Lucia's citizenship by investment mainly for the tax advantages, but I feel like there's more to it than they advertise. Yeah, there's no wealth or inheritance tax, but what about hidden costs? And do they really leave you alone, or do you still have to deal with tax obligations elsewhere? I don't want to go through all this just to realize it's not as beneficial as it sounds. Anyone actually using this passport for tax optimization?

   

  <div class="cArrow"> </div><div class="cContentInner">I've been looking into St. Lucia's citizenship by investment mainly for the tax advantages, but I feel like there's more to it than they advertise. Yeah, there's no wealth or inheritance tax, but what about hidden costs? And do they really leave you alone, or do you still have to deal with tax obligations elsewhere? I don't want to go through all this just to realize it's not as beneficial as it sounds. Anyone actually using this passport for tax optimization?</div>

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  #2 didinadi on 09 Mar 25

   

  I got St. Lucian citizenship a year ago, and tax benefits were a big reason. If you're not a resident, you're not taxed on worldwide income, which is huge. But you have to be smart-your home country might still tax you, so check your local laws. Also, getting the passport wasn't just about taxes for me. The st lucia passport also made travel easier, and I liked having a backup plan. Just make sure you're doing it for the right reasons, not just to avoid taxes.

   

  <div class="cArrow"> </div><div class="cContentInner">I got St. Lucian citizenship a year ago, and tax benefits were a big reason. If you're not a resident, you're not taxed on worldwide income, which is huge. But you have to be smart-your home country might still tax you, so check your local laws. Also, getting the passport wasn't just about taxes for me. The <a rel="nofollow" href="https://osheradvisors.com/st-lucia-passport/">st lucia passport</a> also made travel easier, and I liked having a backup plan. Just make sure you're doing it for the right reasons, not just to avoid taxes.</div>

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  #3 summasolga on 10 Mar 25

   

  Honestly, if you're thinking about getting St. Lucian citizenship just for tax reasons, you might be disappointed. Yeah, it has advantages, but it's not some magical loophole. You still need to consider where you actually live, how your home country taxes foreign income, and whether you're ready to deal with any paperwork that comes with a second passport. If you're not planning to spend any time there, it might not be as worth it as people think.

   

  <div class="cArrow"> </div><div class="cContentInner">Honestly, if you're thinking about getting St. Lucian citizenship just for tax reasons, you might be disappointed. Yeah, it has advantages, but it's not some magical loophole. You still need to consider where you actually live, how your home country taxes foreign income, and whether you're ready to deal with any paperwork that comes with a second passport. If you're not planning to spend any time there, it might not be as worth it as people think.</div>

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