Antigua and Barbuda
WHY ANTIGUA AND BARBUDA?
The 25th most powerful passport in the world is issued by Antigua & Barbuda, which is ranked first in the Caribbean and first in the region overall.
Places fifth among the Caribbean nations for friendliness. The most recent citizenship by investment program to be introduced in the Caribbean is the Antigua and Barbuda program. Almost 3,000 applicants have received Antigua and Barbuda passports through investment since it began in 2013 and has grown in popularity among investors.
The U.S., Canada, and Europe are the island's main target markets for tourism, which accounts for 60% of the island's income and is the main driver of GDP.
Antigua and Barbuda is a beautiful twin-island nation located in the Caribbean Sea. With a warm and welcoming culture, stunning natural scenery, and a thriving economy, Antigua and Barbuda offers a fantastic quality of life that is unmatched anywhere else in the world.
One of the main reasons to consider living in Antigua and Barbuda is the country's incredible climate. With year-round sunshine, beautiful beaches, and warm temperatures, Antigua and Barbuda is the perfect destination for those who love to enjoy the great outdoors. Whether you want to spend your days sunbathing on the beach, swimming in the crystal-clear waters, or exploring the lush tropical forests, there is always something to do in Antigua and Barbuda.
In addition to the incredible climate and natural beauty, Antigua and Barbuda also offers a strong and stable economy that is ripe with opportunities for entrepreneurs and investors. The country has a thriving tourism industry, as well as a strong financial services sector and a growing technology industry. With low taxes and a business-friendly environment, Antigua and Barbuda is the perfect place to start or grow your business.
But perhaps the biggest draw of Antigua and Barbuda is the country's warm and welcoming culture. The people of Antigua and Barbuda are friendly and hospitable, and the country is known for its vibrant music, delicious cuisine, and lively festivals. Whether you are looking for a place to raise a family or to retire in peace, Antigua and Barbuda is a welcoming and inclusive community that offers a fantastic quality of life.
Overall, Antigua and Barbuda is a wonderful place to live, work, and play. With a welcoming culture, stunning natural beauty, and a thriving economy, this twin-island nation has something to offer everyone. Whether you are looking for adventure, relaxation, or a new business opportunity, Antigua and Barbuda is the perfect destination for you.
Key Benefits Of Obtaining A Antigua and Barbuda Citizenship By Investment Passport
- Visa-free travel to 152 countries including the EU, the UK, Singapore, Hong Kong and South Africa.
- Full citizenship with passport granted to main applicant, spouse, children, and parents or grandparents.
- Financially dependent children up to the age of 30 years old may be included without the need to be enrolled in full time school. Unmarried siblings may also be included.
- No personal income, capital gains, inheritance tax, or tax on foreign income.
- Minimal presence is required for at least five days within the first five years of obtaining citizenship.
- Antigua & Barbuda is an exceptionally beautiful place to live year round or to regularly visit your second home. With over 365 beaches and a temperate climate, the country is a true jewel in the Caribbean.
- Processing period of 4 to 5 months
- It provides a safe haven where you can invest in real estate, establish a bank account at a foreign institution, and move your savings.
- Schengen area: 90 days in a six-month span without a visa; UK: 180 days straight; US: B1/B2 visa for ten years.
- Fewer than necessary documents must be submitted.
- If you invest in property, you have a short investment time of 5 years.
- A wonderful way of life in a secure setting.
- Since 2013, the government has guaranteed the program on the basis of the law.
- Citizenship that lasts forever.
- Reduced tuition for UK universities
- Low costs.
Requirements/Investment Options
For citizenship for the applicant and his or her family, the Antigua and Barbuda Citizenship-by-Investment Program needs the applicant to make a sizeable financial investment in the nation.
The primary applicant must be over 18 years old, satisfy the due diligence requirements, commit to at least five days of visitation within the first five years of becoming a citizen, and choose one of the following choices in order to be eligible for citizenship:
- A non-refundable gift beginning at $100,000 USD to the National Development Fund.
- Investing at least USD 200,000 in a scheme with government approval to buy qualifying real estate.
- A non-refundable gift of USD 150,000 made to the University of the West Indies (Family of six or more only).
Donation
A non-profit organization called the National Development Fund (NDF) was created in accordance with section 42(2) of the Finance Administration Act of 2006 in order to finance government-sponsored initiatives, including public-private collaborations and investments in deemed charitable causes.
For a single applicant or a household of up to four, the NDF contribution is $100,000, and the processing fee is USD $30,000.
The main applicant may include their spouse and any financially dependent children under the age of 30. A non-married applicant’s and spouse’s relative will also count as a dependent. Parents and grandparents who are 55 years of age or later and financially dependent may also be included.
Two cost possibilities are summarized in the table below:
| ANTIGUA AND BARBUDA | Single Applicant | Family of Four |
|---|---|---|
|
Contribution to NGF |
100,000 |
100,000 |
|
Government fees |
30,000 |
30,000 |
|
Local Bank Fees |
475 |
800 |
|
Due Diligence Fees |
7,500 |
15,000 |
|
Passport(s) + Bank fees |
300 |
1,200 |
Sub - Total |
USD 138,275 |
USD 147,000 |
Please note, additional charges may apply.
Real estate applicants have the option of purchasing real estate from an authorized real estate initiative for a minimum of USD 200,000. Five years must pass before the real estate can be sold.
The two previously described scenarios would be subject to the following government processing and due diligence fees under this choice:
| ANTIGUA AND BARBUDA | Single Applicant | Family of Four |
|---|---|---|
|
Minimum Price |
200,000 |
200,000 |
|
Government fees |
30,000 |
30,000 |
|
Local Bank Fees |
475 |
800 |
|
Due Diligence Fees |
7,500 |
15,000 |
|
Passport(s) + Bank fees |
300 |
1,200 |
Sub - Total |
USD 238,275 |
USD 247,000 |
Please note, additional charges may apply.
Many applicants choose the real estate choice because they will obtain a tangible asset that, if desired, can also produce a rental income. All of the choices for qualifying properties that we suggest are fully managed for worry-free ownership. Depending on the type of real estate chosen, the closing costs may change.
All clients thinking about buying real estate are encouraged to come, and our local team will give you tours. Although it is not necessary for the program, you will undoubtedly develop a better understanding of the choices available and the overall real estate market. Last but not least, this option easily provides an address, which is necessary to establish a bank account.
University of West Indies Fund Option.
The University of West Indies Fund is an alternative to the NDF for families with six or more members that is more affordable, beginning at USD 150,000. (inclusive of Government processing fees). A fee of USD 15,000 per extra dependent over six is required.
In addition to making one of the aforementioned three financial donations, the primary applicant and any dependents must have a spotless personal history. The government organization in charge of handling and reviewing each application as well as carrying out stringent due diligence checks is the Citizenship-by-Investment Unit (CIU). An applicant will not be granted citizenship if they have been refused a visa to a nation with which Antigua and Barbuda has a visa-free travel arrangement, if they are considered a potential security risk, a reputational risk, or if they are the focus of a criminal investigation.
Eligibility Requirements
To qualify for these Program, the Investor must be:
- Over 18 years of age.
- Have no criminal record.
- In good health.
Investor’s:
- Spouse.
- Children under 30, If older than 18, they must be completely financially dependent on the investor.
- Siblings of the investor and their spouse,
- Parents and their spouse, over 55 years, fully financially dependent on the investor.
Application Process
Initial due diligence.
Sign client agreement, complete government forms and provide supporting documentation.
If purchasing real estate, sign an agreement with the developer.
Application reviewed and submitted. Government complete due diligence.
Government reviews the application. On approval, government fees are paid and necessary contributions made, Passports are issued.
