ANTIGUA AND BARBUDA
ANTIGUA AND BARBUDA CITIZENSHIP BY INVESTMEN
Antigua and Barbuda’s Citizenship by Investment Program (CIP) was established in 2013. The purpose of the program was to encourage economic growth and attract direct investment from outside the country. From disconnected white sand sea shores to tropical rainforests, Antigua and Barbuda’s normal landscape is dazzling.
A few features incorporate Nelson’s Dockyard Public Park, Stingray City, and the rich Jumby Narrows resort. As an Antigua and Barbuda citizen, you will access visa free travel to more than 156 countries and regions, including Europe’s Schengen region, the UK, Singapore, China, Russian federation and Hong Kong. The required initial investment is US$ 230,000. With 365 sea shores, a lively culture, and an ideal tropical climate, Antigua and Barbuda offers an engaging way of life and normal excellence that will make you pleased to hold its citizenship.
The processing time for the Antigua and Barbuda’s Citizenship by Investment Program normally goes from 6 to 8 months.
KEY ADVANTAGES OF ANTIGUA AND BARBUDA’S CITIZENSHIP
- Straightforward procedure and Minimum processing time from 6 to 8 months.
- Visa free travel over 156 countries and territories including UK, China and EU region.
- No tax on worldwide income, inheritance, wealth and capital gains.
- Spouse, dependent children, dependent siblings, parents and grand parents can be added in the application.
- Minimum 5 days residency is required after granting citizenship of antigua and barbuda.
- Antigua and Barbuda recognises dual citizenship so you can retain your current nationality
PROGRAM REQUIREMENTS
The applicant must fulfill one of the following investment options in addition to some additional requirements in order to apply for the Antigua and Barbuda Citizenship by Investment Program.
NATIONAL DEVELOPMENT FUND (NDF)
Non refundable NDF contribution per application is US$230,000..
UNIVERSITY OF WEST INDIES FUND (UWIF)
Non refundable University of West Indies funds contribution per application is US$260,000. Minimum number of persons in an application should not be below six to choose this route of investment.
REAL ESTATE INVESTMENT
The minimum investment in approved real estate project is US$300,000.
BUSINESS INVESTMENT
There are 2 options available for applicants.
- Approved business minimum investment of US$1,500,000.
- Joint investment in approved business of atleast US$5,000,000 and each applicant must contribute atleast US$400,000.
APPLICATION PROCESS – STEP BY STEP GUIDE
Step 1: Month 1
Client onboarding
- Screening to check initial eligibility of the applicant. Applicant will receive client care agreement for review and signature. Applicant will pay first invoice as per agreed payment scheduled. For property investment, initial deposit to developer and sign agreement with developer.
Step 2: Month 2-5
Application submission and review
- Gather documents required to submit application, assigned case worker will assist you in the process.
- Thorough assessment of documents by our lawyer in Antigua and Barbuda before submitting it to the Citizenship by Investment Unit (CIU).
- Applicant will pay second invoice as per agreed payment scheduled. Our local lawyer will Submit the application in CIU.
- CIU will perform it’s due deligence and we will collaborate with the unit for efficient processing of your application.
Step 3: Month 6-8
Passport issuance
- CIU after evaluation of your application for citizenship will make a decision.
- After approval of application, The applicant will be asked to pay remaining amount as per agreed payment scheduled for investment contribution and other governments fee’s.
- After confirming receipt of investment contributions by the government, CIU will issue certificate of Naturalization, followed by the issuance of your passports