Antigua and Barbuda Citizenship by Investment

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Antigua and Barbuda Citizenship by Investment Empower Global Citizenship

Antigua and Barbuda, located in the Caribbean, are popular tourist destinations. However, it has faced economic challenges in recent years. To promote economic growth, the government of Antigua introduced a citizenship-by-investment program called the Antigua and Barbuda Citizenship by Investment Program. This program aims to attract and increase foreign direct investment, support infrastructure development, and provide a sustainable future for the country. Antigua and Barbuda are members of the Caribbean Community (CARICOM), which has 15 member states and a single market. This provides investors with attractive opportunities, and holders of Antigua and Barbuda passports can visit any of the member states without a visa.

History of the Antigua and Barbuda Citizenship by Investment Program

The Antigua and Barbuda Citizenship by Investment program was established in 2013 to offer a quick investment route for those seeking a second passport or citizenship. This program allows individuals to obtain citizenship for themselves and their family members by investing at least $100,000. A special investment option is available for families of six or more, the University of the West Indies Fund. This option allows the investor to enrol in the university and study for a year free of charge. However, the investor must spend at least five days in Antigua and Barbuda within the first 5 years of obtaining citizenship.

Why choose Antigua and Barbuda?

Antigua and Barbuda are the ninth-largest countries in the Caribbean. The country offers an economic citizenship program that allows visa-free travel to over 150 countries. Antigua and Barbuda recognize dual citizenship, which can benefit business expansion and tax relief. Additionally, Antigua is a crypto-friendly Caribbean economic citizenship program with a well-developed government-approved real estate investment program, and it provides funding for the University of West Indies. The country is renowned for its picturesque locations, making it an attractive tourist destination and attracting international business and investment from the international banking and tourism sectors.

Benefits of Citizenship by Investment in Antigua and Barbuda

There are numerous benefits of Antigua and Barbuda Citizenship by Investment, and several individuals apply for Antigua and Barbuda Citizenship by Investment to avail themselves of those benefits.

Visa-Free Travel Opportunities

Antigua and Barbuda passport holders can travel visa-free to over 150 countries, and the individual will be able to live and work in any CARICOM member state.

International Flexibility

It increases international flexibility due to visa-free travel to countries and territories easily without any need for extensive citizenship application. The growing reputation of Antigua and Barbuda as a stable and business-friendly environment adds credibility to grow the market.

Favourable Tax Policies

Antigua and Barbuda citizenship by investment will help you take advantage of the tax implications of Antigua and Barbuda, where there is an attractive tax policy. As an Antigua and Barbuda citizen, the individual enjoys the tax policies, which will greatly benefit investors or businesses. The country does not impose personal income tax on its residents; income earned both locally and internationally is not subject to tax in Antigua and Barbuda.

Approach towards family

Investing in an Antigua and Barbuda Passport grants citizenship and secures a bright future for future generations or will pass the citizenship to future generations. The program allows investors to apply for their entire family, including dependent spouses, unmarried siblings of any age, dependent parents above the age of 55, and children up to the age of 30 years if dependents on the main applicant will enjoy the benefits of being a citizen.

Antigua and Barbuda Citizenship by Investment Program’s Application Procedure

The Antigua and Barbuda Citizenship by Investment Program has the following application process such as

Appointment of Authorized Agent

Our experts will assist in choosing a government-approved authorized agent to complete the application process and to facilitate the Antigua and Barbuda Citizenship by Investment Program.

Submission of necessary papers

Our experts help collect or prepare the required necessary papers and submit all the necessary necessary papers and application forms to the Authorized Agent.

Due Diligence Process

The government will perform the due diligence to check the background and financial stability of the individual. 

Investment Payments

As per the chosen investment option, the individual needs to make the required financial contribution to the chosen investment option.

Review of Application

The Citizenship by Investment Unit will review the application and the submitted necessary papers.

Oath of Allegiance

After the approval, the individual and their dependents need to sign the oath of allegiance.

Issuance of Certificate

After the verification and fee payment, the government issues the certificate and officially grants citizenship.

Passport Application

The individuals and their dependents can apply for the passport immediately after receiving the certificate of citizenship from the Antigua and Barbuda Government.

Antigua and Barbuda Citizenship by Investment Program’s Eligibility Criteria

An eligibility to apply for citizenship in Antigua and Barbuda by Investment needs to be followed to get successful citizenship in Antigua and Barbuda Citizenship and a Passport.

Eligibility of Age to Apply for Citizenship

The applicant must be at least 18 to apply for the Antigua and Barbuda Citizenship by Investment.

Good Background

The applicant needs to have a good character and no criminal background because, during the time of application approval, there is thorough due diligence of background check to make sure there is no security risk to issuing a certificate of citizenship and securing an Antigua and Barbuda Passport.

Investment Option

There is an investment option to choose to become a part of the Antigua and Barbuda by Investment Program, and the applicant needs to choose one of the investment options as approved by the Government, which typically involves a financial contribution to the Country's National Development Fund or investment through real estate.

Financial Stability

The applicant needs to provide evidence of the financial capability to invest, including proof of funds and other financial necessary papers.

Health Requirements

The applicant and their family must go through medical checkups to ensure they are in good health, and the required medical examination report needs to be submitted.

Family Member

The Antigua and Barbuda by Investment Program allows the applicant to include their family member of the applicant in the Antigua and Barbuda Citizenship by Investment Program.

Who Can Obtain an Antigua and Barbuda Passport?

As mentioned below, the investor and his dependent family member can obtain the Antigua and Barbuda Passport like the investors and enjoy the benefits of Antigua and Barbuda Citizenship.

Investor

Individuals as investors with financial stability and a clear background can obtain an Antigua and Barbuda passport by choosing an investment option.

Spouse

The spouse of the investor can also obtain the Antigua and Barbuda passport by choosing a required investment option plan.

Children Under 30

The dependent children of the investor can also obtain the Antigua and Barbuda Passport by choosing a required investment option plan.

Mentally or Physically Challenged Children

The physically challenged children of the investor can also obtain the Antigua and Barbuda passport by choosing a required investment option plan.

Dependent Parent over 55 Years

The dependent parent of the investor can also obtain the Antigua and Barbuda Passport by choosing a required investment option plan.

Dependent Siblings

The dependent siblings of the investor can also obtain the Antigua and Barbuda passport by choosing a required investment option plan.

Antigua and Barbuda Citizenship by Investment Program’s Investment Options

Antigua and Barbuda came up with the four investment options to obtain the Antigua and Barbuda Citizenship by Investment.

National Development Fund

The National Development Fund in Antigua and Barbuda presents a streamlined route to obtain Antigua and Barbuda Citizenship by Investment. This option will be a non-refundable contribution to the nation for infrastructure development. The minimum investment of at least $100,000 for a single applicant. The minimum contribution to the National Development Fund with the administrative fees is given below

  • The contribution of the single applicant is $100,000, and the processing fees and due diligence fees are $30,000 and $7,500 to obtain an Antigua and Barbuda Citizenship by Investment.
  • The contribution for a family of 4 people is $100,000, the processing fee is $30,000, and the due diligence fees are $7,500 for the applicant and spouse and $2,000 per dependent of 12-17 years of age and $4000 for the dependent over 18 years of age to obtain an Antigua and Barbuda Citizenship by Investment.
  • The contribution for a family of five or more is $125,000, and the processing fee is $30,000 for four people. Still, the increase in the family member will have an additional $15,000 for each additional dependent. The due diligence fees are $7,500 for the applicant and spouse and $2,000 per dependent of age 12-17 years of age and $4000 for the dependent over 18 years of age to obtain an Antigua and Barbuda Citizenship by Investment.

Real Estate Project

The real estate investment program has the minimum requirement of an investment of $200,000 or $400,000 to obtain Antigua and Barbuda Citizenship by Investment, and the individual needs to hold the real estate for five years, after which the investor can resale the property and still keep the citizenship. The minimum contribution to the Real estate with the administrative fees is given below

  • The contribution of the single applicant is $200,000, and the processing fees and due diligence fees are $30,000 and $7,500 to obtain an Antigua and Barbuda Citizenship by Investment.
  • The contribution for a family of 4 people is $200,000, the processing fee is $30,000, and the due diligence fees are $15000 for the spouse, $2,000 per dependent of 12-17 years of age and $4000 for the dependent over 18 years of age to obtain an Antigua and Barbuda Citizenship by Investment.
  • The contribution for a family of five or more is $200,000, and the processing fee is $30,000 for four people. Still, the increase in the family member will have an additional $15,000 for each additional dependent. The due diligence fees are $15000 for the applicant and spouse and $2,000 per dependent of age 12-17 years of age and $4000 for the dependent over 18 years of age to obtain an Antigua and Barbuda Citizenship by Investment.

University of the West Indies Fund

This non refundable investment option is designed for families of at least 6 people. By contributing to this investment option, members under the age of 29 can study for a year for free at the University of West Indies. The minimum contribution required is $150,000 or more, and the minimum contribution to the University of the West Indies Fund with the administrative fees is given below

  • The contribution for a family of 6 people is $150,000, and $15,000 per additional member of the family is required to contribute. The due diligence fees are $15000 for the spouse, $2,000 per dependent aged 12-17 years, and $4000 for the dependent over 18 years of age to obtain an Antigua and Barbuda Citizenship by Investment Program.

Business Investment

The applicant may invest as sole investor of at least $1.5 million to establish a business or investment in an approved business in Antigua and Barbuda, and a group of people or joint investment is required to invest at least $5 million, which means each investor needs to contribute $400,000. There is a processing fee of at least $30,000 to obtain the Antigua and Barbuda citizenship by Investment.

Who can qualify for the Antigua and Barbuda CBI Program?

  • The individual must be 18 years old.
  • Applicant must not hold any criminal record.
  • Must have the source of funds for the investment.
  • The dependent children must be under the age of 30 years old.
  • The parent dependents to the individual should be above the age of 55 years.
  • Unmarried dependent siblings are eligible for obtaining Antigua and Barbuda Citizenship by Investment
  • Must undergo the due diligence check to gain applicant.

Antigua and Barbuda Citizenship by Investment Program: An Additional Requirement

Other requirements must be followed while obtaining the Antigua and Barbuda Citizenship by Investment Program.

Family Requirements

The family members, including the dependent's spouse, children, and parents of the investor, get included in the application for the Antigua and Barbuda Citizenship by Investment program.

Due Diligence Requirements

The individual needs to be of good character so the government performs a due diligence process and checks the criminal records, no visa refusals and verifies the submitted necessary papers.

Minimum Stay Requirements

Securing a second citizenship in Antigua and Barbuda has minimum stay requirements. After securing the citizenship, the individual has the right to live, work or study in Antigua and Barbuda.

Enterslice Helps in Obtaining Antigua and Barbuda Citizenship by Investment

Our team of experts assist in the seamless process of securing Antigua and Barbuda's Citizenship by Investment.

Due Diligence

Our experts will perform due diligence in background checks, analysis of the application, and verification of the necessary papers submitted to ensure your application gets successfully accepted and you get citizenship for your seamless business journey.

Expert Assistance

Our experts assist in deciding which investment option to select and will guide you to the benefits of each investment option that is going to be best for you and your family. We provide you with the details of the total cost of Antigua and Barbuda citizenship by investment and will help in the entire process in detail to secure the Antigua and Barbuda Citizenship by Investment Program seamlessly.

Price Quotation

Our experts will prepare the quotation for the investment, including the fees and actual costs to be incurred in securing Antigua and Barbuda's Citizenship by Investment.

Review and Gathering of necessary papers

Our experts will help in preparing the application and necessary papers required for submission with the application. Also, verify all the necessary papers and then submit them to the government.

Cost Effective

Our service will help the investor obtain Antigua and Barbuda Citizenship by Investment quickly, and our experts will assist in the entire procedure of successfully obtaining Antigua and Barbuda Citizenship by Investment at a limited cost and help you to obtain it as our cost-effective pathway to gain second citizenship.

Advantages of Adding an Antigua and Barbuda Passport

  • No prior visa requirement for over 150+ countries.
  • Applicants can easily include their siblings, and the family will get the same benefits as the applicant gets.
  • Antigua and Barbuda recognize dual citizenship with no restriction in dual citizenship.
  • The investor can easily register a company by opening a bank account in Antigua and Barbuda.

New Regulations 2023 come up with some modifications in Antigua and Barbuda's Citizenship by Investment

The new 2023 regulation on Antigua and Barbuda Citizenship by Investment has some regulations, including mandatory interviews for principal applicants and children aged 16 and above. This interview will be virtual; the fee is $1500 per applicant. The residency requirement is that the individual needs to stay for 5 days in 5 years to keep the citizenship. The modification in the involvement of the family members in the citizenship by investment is increased to 6 or more, and the oath of allegiance can be taken at Antigua Consulates worldwide.

Tax Optimization after Obtaining the Antigua and Barbuda Citizenship by Investment Program

Antigua and Barbuda have an attractive tax regime or favourable tax environment with zero personal income tax, wealth or capital gains, and the tax residents also don't pay taxes on dividends, interest or royalties. There is no tax policy on international income or revenue. Due to dual citizenship in Antigua and Barbuda, there is no tax on worldwide income. Antigua and Barbuda has a beneficial law for asset protection and tax planning; if the individual is looking for asset protection and tax planning, then Antigua and Barbuda has favourable tax policies to benefit.

Guide to obtaining Antigua and Barbuda Passport

Our experts provide full guidance in the whole process of obtaining Antigua and Barbuda Passports.

Initial Due Diligence

Our experts conduct initial due diligence and background checks to deduct risks that will lead to application rejection and evaluate the chances of successfully passing Due Diligence.

Preparation of necessary papers

Our experts will provide the list of necessary papers required to obtain the Antigua and Barbuda Passport. We assist in filling out the application forms and help you collect the necessary papers required in the Antigua and Barbuda Citizenship by Investment Program, which will tentatively take 2 weeks to submit.

Process of Due Diligence and Application

The due diligence begins after the submission of the necessary papers to the Citizenship by Investment Program Unit; they perform due diligence and pass the approval of the application.

Approval of Investment

After the approval, the individual must fulfil the investment conditions and contribute the required amount to either option.

Getting a passport

After fulfilling the required contribution and completing the process, the individual will get an Antigua and Barbuda Passport from the CIU.

The processing time frame for Obtaining a Second Citizenship

The average time for the processing of the Antigua and Barbuda Citizenship by Investment Program will take approx. Three to five months, assuming there are no areas of issue in the Application procedure. The application process should take no longer than four months from submission of the application to issue the certificates of citizenship. Our expert team will help you obtain Antigua and Barbuda Citizenship by Investment easily and as fast as possible.

Comparison of Antigua and Barbuda Citizenship by Investment Program with Other Countries

The Antigua and Barbuda Citizenship by Investment program offers a cost-effective route to obtain an Antigua and Barbuda Citizenship by Investment, making it an attractive option for larger families to obtain an Antigua and Barbuda Passport for larger families to afford citizenship by Investment in Antigua and Barbuda. Antigua and Barbuda Passport holders get visa-free travel to 150 countries, and this will provide them the advantage of legal and governmental stability to the applicants. Antigua and Barbuda have an efficient processing time as compared to other investment programs, which will help individuals seeking urgent citizenship. Antigua and Barbuda Citizenship by Investment programs not only focus on the development of infrastructure but also focus on the living of life and educational aspects of the individual.

Frequently Asked Questions

The Antigua and Barbuda Citizenship by Investment program requires the investor to contribute a minimum of $100,000 up to a family of 5 or $125,000 above the 5 family members.

It will take approximately 3-5 months to obtain an Antigua and Barbuda Passport.

After holding the investment in real estate for 5 years, the investor re-sells the property in Antigua and Barbuda Citizenship by Investment Program.

Yes, a residential requirement is to secure an Antigua and Barbuda Passport for 5 days in 5 years to avoid revoking the Antigua and Barbuda citizenship by investment.

Individuals are exempt from the income tax on worldwide income or assets held by the individual having Antigua and Barbuda Citizenship.

The Citizenship by Investment Unit (CBIU) will perform due diligence and application approval and rejection in Antigua and Barbuda Citizenship by Investment.

After obtaining the Antigua and Barbuda Passport, the individual can enjoy free visa travel to 150 countries.

The applicant of the following countries is ineligible for Antigua and Barbuda Citizenship by Investment such as

  • Iran
  • Afghanistan
  • North Korea
  • Somalia
  • Yemen
  • Sudan

 

Yes, it has a favourable tax regime for residents and non-residents.

The individual can not stay longer than six months without a visa.

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