Antigua and Barbuda Citizenship by Investment

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 member state 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. The University of the West Indies Fund is a unique investment option available for families of six or more. 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 five 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 global banking and tourism sectors.

Benefits ofCitizenship by Investment in Antigua and Barbuda

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

1. Visa-Free Travel Opportunities

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

2. 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 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.

3. 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 55, and children up to 30 years if dependents on the principal 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:

1. 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.

2. Submission of Documents

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

3. Due Diligence Process

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

4. Investment Payments

The individual needs to make the required financial contribution to the chosen investment option.

5. Review of Application

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

6. Oath of Allegiance

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

7. Issuance of Certificate

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

8. Passport Application

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

Antigua and Barbuda Citizenship by Investment Program’s Eligibility Criteria

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.

1. Eligibility of Age to Apply for Citizenship

To apply for Antigua and Barbuda Citizenship by Investment, the applicant must be at least 18 years old.

2. Good Background

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

3. Investment Option

To join the Antigua and Barbuda Investment Program, the applicant needs to choose one of the investment options approved by the Government. These typically involve a financial contribution to the Country's National Development Fund or real estate investment.

4. Financial Stability

The applicant must provide evidence of the financial capability to invest, including proof of funds and other financial documents.

5. Health Requirements

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

6. 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 an Antigua and Barbuda Passport like the investors and enjoy the benefits of Antigua and Barbuda Citizenship.

1. Investor

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

2. Spouse

The investor or applicant chooses a respective investment option to include his spouse in the citizenship by Investment.

3. Children Under 30

The investor or applicant can choose a respective investment option to include his dependent children in the citizenship by Investment.

4. Mentally or Physically Challenged Children

The investor or applicant can choose a respective investment option to include his mentally and physically challenged children in the citizenship by Investment.

5. Dependent Parent over 55 Years

The investor or applicant can choose a respective investment option to include his dependent parents in the citizenship by Investment.

6. Dependent Siblings

The investor or applicant can choose a respective investment option to include his dependent siblings in the citizenship by Investment.

Antigua and Barbuda Citizenship by Investment Program’s Investment Options

Antigua and Barbuda developed four investment options to provide citizenship through Investment in Antigua and Barbuda.

1. 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 is 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 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 family members will mean an additional $15,000 for each dependent. The due diligence fees are $7,500 for the applicant and 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.

2. Real Estate Project

The real estate investment program has the minimum requirement of an investment of $200,000 if the individual applicant needs to purchase the property or $400,000 for those when the two applicants wish to buy the property jointly to obtain Antigua and Barbuda Citizenship by Investment. The individual must hold the real estate for five years, after which the investor can resale the property and 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 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 family members will mean an additional $15,000 for each dependent. The due diligence fees are $15000 for the applicant and spouse, $2,000 per dependent aged 12-17, and $4000 for the dependent over 18 to obtain an Antigua and Barbuda Citizenship by Investment.

3. University of the West Indies Fund

This non-refundable investment option is designed for families of at least six 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 family member 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.

4. Business Investment

The applicant may invest as a sole investor of at least $1.5 million to establish a business or Investment in an approved business in Antigua and Barbuda. 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 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.

1. 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.

2. Due Diligence Requirements

The Government of Antigua and Barbuda performs a due diligence process to check the applicant's background and verify the documents submitted by the applicant.

Enterslice Helps in Obtaining Antigua and Barbuda Citizenship by Investment

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

1. Due Diligence

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

2. Expert Assistance

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

3. 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.

4. Review and Gathering of Documents

Our experts will help prepare the application and the documents required for submission with it. All the documents must be verified and then submitted to the Government.

5. Cost- Effective

Our service will help the investor obtain Antigua and Barbuda Citizenship by Investment quickly. Our experts will assist in the entire procedure of successfully obtaining Antigua and Barbuda Citizenship by Investment at a limited cost and help you obtain it as our cost-effective pathway to 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.
• 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 have some modifications in Antigua and Barbuda's Citizenship by Investment.

The new 2023 regulation on Antigua and Barbuda Citizenship by Investment has some rules, 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 stay for five 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 have beneficial laws for asset protection and tax planning; if the individual is looking for asset protection and tax planning, then Antigua and Barbuda have favourable tax policies from which to benefit.

Guide to obtaining Antigua and Barbuda Passport.

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

1. Initial Due Diligence

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

2. Preparation of documents

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

3. Process of Due Diligence and Application

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

4. Approval of Investment

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

5. Obtain an Antigua and Barbuda Citizenship

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

The processing time frame for Obtaining a Second Citizenship

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

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 receive 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, which will provide them the advantage of legal and governmental stability to the applicants. Antigua and Barbuda have an efficient processing time 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 on the living of life and educational aspects of the individual.