Antigua & Barbuda's Citizenship by Investment Programme
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Antigua and Barbuda's Citizenship by Investment Program
This West Indies tourist hub established a Citizenship by Investment programme in 2013, following a voting by the Senate of the island.The Regulations regarding Citizenship by Investment in Antigua and Barbuda are contained in Section 6 of the Citizenship by Investment Act, 2014.
The Citizenship by Investment Programme (CIP) required a person to make a significant economic contribution to the Country, and in exchange, the applicants and their families are granted citizenship.
Presently, there are three ways in which an applicant can qualify for Citizenship by Investment: by contribution to the National Development Fund (NDF), acquiring government approved real estate, or through investment in approved business enterprises.
Antigua and Barbuda
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About Antigua and Barbuda
Antigua and Barbuda is an independent Commonwealth state and is located between in the Caribbean Sea and the North Atlantic Ocean, east-southeast of Puerto Rico. The twin-island nations are the most central of the Leeward Islands chain, and have a population of 91.000 and a total area of 442,6 sq. kilometres.
Temperatures generally range from the mid-seventies in the winter to the mid-eighties in the summer. Annual rainfall averages only 45 inches, making it the sunniest of the Eastern Caribbean Islands, and the northeast trade winds are nearly constant, flagging only in September. Low humidity year-round.
Investment Options
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Antigua and Barbuda's Citizenship for Foreign Investors
To qualify for citizenship of Antigua and Barbuda, the primary applicant must be over 18 years old, meet the application requirements and select one of the following investment options:
DONATION OPTION: The National Development Fund (NDF) * reduced by 50% until 31 October 2019 |
|
Main Applicant |
Family of four |
Family of five and over |
Donation Amount |
US$100.000 |
US$100.000 |
US$125.000 |
Government Processing Fees |
US$25.000 |
US$25.000 |
US$15.000 for each additional dependent |
Due Diligence Fees |
US$7.500 |
US$7.500 main applicant
US$7.500 spouse
US$2.000 for children aged 12-17
US$4.000 for dependents over 18 |
US$7.500 main applicant
US$7.500 spouse
US$2.000 for children aged 12-17
US$4.000 for dependents over 18 |
INVESTMENT IN REAL ESTATE OPTION (held for a minimum period of five years) |
|
Main applicant |
Family of four |
Family of five and over |
Investment Minimum |
US$400.000 |
US$400.000 |
US$400.000 |
Government Processing Fees |
US$50.000 |
US$50.000 |
US$15.000 for each additional dependant |
Due Diligence Fees |
US$7.500 |
US$7.500 main applicant
US$7.500 spouse
US$2.000 for children aged 12-17
US$4.000 for dependents over 18 |
US$7.500 main applicant
US$7.500 spouse
US$2.000 for children aged 12-17
US$4.000 for dependents over 18 |
INVESTMENT IN PRE-APPROVED BUSINESS |
An investment of a minimum of US$1.500.000 directly into an eligible business as a sole investor or a joint investment involving at least 2 persons in an eligible business totalling at least US$5.000.000 and each if those persons individually invests at least US$400.000 |
Additional Requirements
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Good health
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Clean criminal record
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Requirement for the main applicant to spend at least 5 days in Antigua and Barbuda during the period of five calendar years after having obtained citizenship
Application Process
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Procedure for the Antigua and Barbuda's Citizenship by Investment application
We set-out below the steps of the process of applying for citizenship of Antigua and Barbuda:
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Preparation and filling of application forms
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Submission of applications and supporting documentation
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Government processing of the applications and due diligence checks
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Government approval of application
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Investment in real estate, business or contribution to the NDF
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Issuance of citizenship certificate
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Application for passport and issuance of passport
The process to obtain the citizenship of Antigua and Barbuda is expected to take up to 5 months following the submission of the applications to the Government Antigua and Barbuda.
For more information on Anigua and Barbuda's citizenship programme please contact us at antigua@onecitizen.com
The Benefits of Antigua and Barbuda's Citizenship by Investment Scheme
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Residence in Antigua and Barbuda is not required for an applicant to qualify for citizenship
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No interview, education, or managerial experience required
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No tax on international revenue, wealth or inheritance
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Antigua and Barbuda is a member of the Commonwealth, which entitles citizens to certain privileges in the UK and other Commonwealth countries
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Excellent links to North America and Europe
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Lifetime citizenship with passports granted to the applicant and family, which can also be passed onto descendants
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Visa free travel to over 130 countries including all EU countries, the UK, Ireland, Caribbean and Commonwealth Nations and Canada
Successful applicants can benefit from visa-free and visa-on-arrival travel to over 150 countries, including Hong Kong, Singapore, UK, and the Schengen Area. It is strongly advisable that the relevant Government authorities and agencies are contacted prior to travel arrangements made.