ANTIGUA & BARBUDA CITIZENSHIP BY INVESTMENT
WHY ANTIGUA & BARBUDA?
Antigua and Barbuda, an autonomous Commonwealth state in the Eastern Carribean, with around 365 beautiful beaches is one of the most beautiful places in the world. Tourism is the largest contributor towards their Gross Domestic Product (GDP), with most tourists visiting from the U.S., Canada, and Europe.
With a passport of Antigua and Barbuda you can travel visa free to approximately 150 countries, including the U.K., and countries of the Schengen area.
HOW TO OBTAIN ANTIGUA & BARBUDA CITIZENSHIP?
The country established their Investment Program (CIP) by following parliamentary assent to the Antigua and Barbuda Citizenship by Investment Regulations 2014.
You can obtain Antigua and Barbuda citizenship through three ways of investment:
- Contribution to the National Development Fund,
- Investment in Real Estate, and
- Business Investment.
CONTRIBUTION TO THE NATIONAL DEVELOPMENT FUND
For a single applicant, or a family of 4 or less US$ 100,000 contribution is required, whereas a processing fee of US$ 25,000 is required.
For a family of 5 or more persons, a US$ 125,000 contribution is required, whereas a processing fee of US$ 15,000 for each additional dependent is required.
INVESTMENT IN REAL ESTATE
You can also invest in officially approved real estate with a minimum value of US$ 400,000 plus the payment of government processing fees and due diligence fees.
Until 31st October 2020, the law allows that two submissions from associated parties can make a shared investment, with each applicant investing a minimum of US $200,000 in order to qualify.
The investment in real estate also requires payment of processing fees:
For a single applicant or a family of 4 or less, the processing fee is US$ 50,000.
For a family of 5 or more, the processing fee is US$15,000 for each additional dependent.
Under Business Investment there are two options:
Where the applicant makes an investment in an approved business of at least US$ 1,500,000 on their own behalf.
At least two persons make a joint investment in such an approved business with a minimum investment of US$ 5,000,000 and each of those persons individually propose to contribute at least US$ 400,000 to the joint investment.
The investment is business also requires payment of processing fees:
For a single applicant, or a family of 4 or less the processing fees is US$ 50,000.
For a family of 5 or more, the processing fee is US$ 15,000 for each additional applicant.
WHO IS ELIGIBLE?
Family is eligible for Antigua and Barbuda citizenship by investment application. This includes a spouse, child who is less than 18 years of age, or a child of the main applicant or his/her spouse who is at least 18 years and less than 28 years of age, and is in full time attendance at a recognized institute of higher learning, and fully supported by the main applicant. Moreover a child who is at least 18 years of age, and is physically and mentally challenged, living with and fully supported by the main applicant. A child for this application purpose means the biological or legally adopted child of the main applicant or his/her spouse.
Parents and grandparents of the main applicant and his/her spouse are also eligible, provided they are over 58 years of age and living with and fully supported by the main applicant.
REASONS WHICH COULD LEAD TO DISQUALIFICATION
- If you provide false information on your application.
- If any family member is suffering from either a contagious disease or a serious health problem.
- If you have previously been convicted in any country for an offense for which the maximum penalty is in excess of six months imprisonment, or are subject to a criminal investigation.
- If you are considered a risk to national safety of Antigua & Barbuda, or to any other country, or if you are involved in any such actions which may bring about disgrace to Antigua and Barbuda.
- If you have been denied a visa to a country with which Antigua and Barbuda has a visa free travel, and if you have not been issued a visa after the denial.