Antigua and Barbuda Citizenship by Investment
What is the Citizenship by Investment Program for Antigua and Barbuda?
Citizenship by Investment Program for Antigua and Barbuda is a program enabling foreign investors to obtain 2nd Citizenship provided that they meet certain criteria set out by Government.
What are the conditions of application for the Citizenship by Investment Program?
Primary condition to apply to Antigua and Barbuda program is to make an essential economic contribution to the country. Within this context, applicants have following investment options;
- Investment of at least $400,000 USD into one of the approved real estate projects. Important is that the term of such investment is five years.
- Investment of a minimum of $1.5 million USD into an eligible business which may be made individually or collectively by at least two persons. In case of a joint investment by at least two persons, the business shall amount to minimum $5 million USD and each of the investors shall invest individually at least $400,000.
- Donation to government an amount of $200,000 USD.
Apart from the abovementioned investment requirements, the applicant and his/her family members shall have a clean personal background, shall be in good health and of character.
In addition, applicants and their family members are subject to a vetting and due diligence process. The citizenship is granted on swearing of the “Oath of Allegiance” following the approval by Government.
How long does the process take?
Application process for Citizenship by Investment Program takes approximately 3 to 4 months.
What are the advantages of this Program?
Holders of an Antigua and Barbuda passport may benefit from following advantages;
- Visa free travel to 133 countries including Canada, the UK and Europe
- The right to live, work and study without restriction in 15 CARICOM member countries (Caribbean Region)
- Full citizenship with passport for the applicant and his/her family members
Ketenci&Ketenci is a leading international law firm advising on global citizenship. Please contact us for further details and queries on Antigua and Barbuda citizenship program.
FREQUENTLY ASKED QUESTIONS (“FAQ”) IN RELATION TO ANTIGUA BARBUDA CITIZENSHIP BY INVESTMENT PROGRAMME
Why choose Antigua Barbuda?
Antigua and Barbuda perceives double citizenship, which can demonstrate beneficial for business development and assessment help. Different advantages incorporate the accompanying: No necessity to venture out to Antigua and Barbuda during the application procedure. No meeting, training or administrative experience required.
Do I have to travel to Antigua & Barbuda to start Antiguan Citizenship procedures?
There is no necessity to make a trip to Antigua and Barbuda during the whole application procedure.
How well connected is Antigua and Barbuda?
Regularly alluded to as the "heart of the Caribbean," Antigua and Barbuda is one of the most all around associated islands in the area. The as of late opened VC Bird International Airport is one of the most present day worldwide air terminals in the Caribbean Isles and plays host to a few significant aircraft transporters.
Is Antigua a tax haven?
Antigua expense sanctuary is one of numerous seaward assessment sanctuaries situated in the Caribbean. Antigua alongside the neighboring island of Barbuda shares a constitution and government. The official language of Antigua is English and the money is the eastern Caribbean Dollar. Organizations regularly search for approaches to diminish available pay.
For Antiguan Citizenship application, should the investment of minimum $400K USD be in a single property?
The minimum investment amount shall be $400,000 USD. Alternatively two or more buyers can make investments of $200,000 USD each.
Is there an official legislation for Antiguan Citizenship by Investment Program?
The Antiguan Citizenship by Investment Act (2013) offers investors the opportunity to apply for Antiguan citizenship by investment.
Do you offer Approved Properties for Antiguan Citizenship?
Yes, we have a carefully-selected list of approved projects to proceed for Antiguan Citizenship by investment. Please contact us for further information on the approved projects.
Is Antiguan citizenship acquired/valid for life?
Citizenship acquired under this program is granted for life, alongside impressive portability rights including visa free access to the Schengen zone and UK.
Can we change our names after obtaining citizenships?
Antigua and Barbuda concurred that effective Citizenship by Investment candidates will not be permitted to change their name through Deed Poll or some other methods for the issuance of the Antigua and Barbuda passport.
Do the applicants have to reside in Antigua & Barbuda for a certain period of time at any stage of the application?
The applicants shall reside in Antigua and Barbuda for at least five days for each year during the first five years of obtaining citizenship.
How many family members can apply for citizenship along with the Main Applicant?
Yes, all family members (spouse and children under 18 years old) as well as the main applicant can acquire Antiguan citizenship investment application. Children up to 29 years of age can additionally be covered provided they are unmarried, enrolled in faculty full time (with at least six months of college remaining), and still dependent financially on the main applicant.
However if the main applicant chooses the Option (A): National Development Fund Contribution or Charitable Donation, then a generous economic contribution to the Antigua National Development Fund (NDF) of at least USD $100,000 can make a solo applicant or a household of up to 4 qualified for 2d citizenship in the country. Families of 5 or extra ought to make an economic donation of at least USD $125,000.
Is there any language requirement to apply for Antiguan Citizenship?
No, there is no language requirement nor interview or any business experience is requested.
Once Antiguan citizenship is acquired, in the case that the applicant will not stay in Antigua & Barbuda, what will be main applicant’s tax liabilities in Antigua & Barbuda?
No, global investments will not be a subject of taxation within the Government of Antigua and Barbuda. The future incomes within the Antigua is taxed only