Caribbean citizenship-by-investment programs are one of the most well-established and successful investments schemes.
International investors are entitled to apply for full-time citizenship in picturesque and financially secure countries and benefit from greater mobility around the world.
Applicants are granted quick, legal, irrevocable second passports, with no residency time and several advantages .
Antigua and Barbuda
The Antigua and Barbuda Government launched the citizenship by investment program in 2013, making it one of the newer Caribbean programs. Antigua has been a popular choice among families, business professionals, and high-net-worth individuals. An applicant can obtain citizenship from the country by making a property investment, or making a non-refundable contribution.
Agriculture, once the mainstay of the economy, has been largely replaced by tourism which is today the key driver of the nation’s GDP and generates around 60% of the island’s income, with key target markets being Canada, the USA, and Europe.
Country Overview
capital
St John’s
AREA
440 Km2
population
94,000
Language
English
French
Min. donation
US$100,000
Min. investment
US$ 200,000
VISA-FREE
150 Countries
Legal Basis
The Citizenship by Investment Program was established following parliamentary approval and can be
found in Section 6 of the Citizenship by Investment Act, 2013 (Act No. 2 of 2013). The Act was amended
in 2014 and is compounded by the Antigua and Barbuda Citizenship by Investment Regulations.
For detailed info visit the official Antigua and Barbuda citizenship by investment government website cip.gov.ag
Advantages
- Antigua passport allows visa-free or visa-on-arrival travel to 150 destinations including Hong Kong,
Russia, Singapore, the UK, Europe’s Schengen Area. - A reputable second passport that is easy to obtain visas when required.
- Citizenship-by-descent is available to future generations.
- Antigua is a member of the Commonwealth, which entitles citizens to certain privileges in the UK and other member states.
- Dual citizenship is allowed by the nation.
- Biometric passport which increases security and decreases the chances of forgery.
- No taxes on capital gain, gift, wealth inheritance. No taxes on non-residents.
- Ability to open bank accounts worldwide with this passport.
- No required residence time in the country only a visit of 5 days during the first five years of obtaining citizenship. However, the CIU has temporarily suspended this requirement due to the various
travel restrictions resulting from the COVID-19 pandemic. This suspension will expire on 31st of August 2022.
Main applicant
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
Eligibility
DEPENDENTS
- Spouse of the main applicant
- Adult children (biological or adopted) under 31 years of age
- Parents and Grandparents above 55 years of age
- Unmarried siblings of any age
- Possibility to add dependents after citizenship has been granted to the main applicant
Cost
OPTION 1: A non-refundable contribution to the National Development Fund
For single applicant or families of 4 and less
Contribution: US$ 100,000
Government processing fees for a family of 4 or less: US$ 30,000
For families of 5 and more
Contribution: US$ 125,000
Government processing fees for a family of 4 and more: US$ 30,000 + an incremental US$ 15,000 from the 5th dependent onwards
OPTION 2: REAL ESTATE
An amount of US$ 400,000 or more has to be invested in a government-approved real estate
development to qualify under this scheme. Co-applicants are also permitted, provided each of them
donates a sum of US$ 200,000 each.
In addition to the purchase of real estate there are government fees to be paid:
Government processing fees for single applicant or a family of 4 or less: US$ 30,000
Government processing fees for a family of 4 and more: US$ 30,000 + US$ 15,000 for every additional dependent.
Due Diligence
Compulsory background checks are payable to the Government who appoints a third-party due diligence agency. These agencies use various international and local law enforcement sources such as Interpol, World-Check and other Government agencies. These fees are payable upon the submission of the application.
Main applicant- US$ 7,500
Spouse- US$ 7,500
Dependents over 18 years- US$ 4,000
Dependents between 12-17 years- US$ 2,000
Other Fees
Professional fees, official application forms, certificates of citizenship and passports and other disbursements fees are the other costs associated. A detailed quotation with no hidden costs is provided for the specific case.
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