ANTIGUA&BARBUDA
Antigua and Barbuda offer a Citizenship by Investment program that allows foreign
investors to obtain citizenship in the country by making an investment in the local economy.
Benefits:
1. Visa-free travel: Antigua and Barbuda citizens have visa-free or visa-on-arrival
access to over 165 countries, including the UK, EU Schengen zone, Hong
Kong, and Singapore.
2. Dual citizenship: The country allows dual citizenship, which means that
investors can retain their current nationality while also enjoying the benefits of
being a citizen of Antigua and Barbuda.
3. Tax benefits: Antigua and Barbuda does not impose any personal income tax
or wealth tax on its citizens. There is also no inheritance tax or gift tax in the
country.
4. Business opportunities: Citizenship by investment allows investors to access
business opportunities in Antigua and Barbuda and the Caribbean region,
such as property development, tourism, and international trade.
Here are the requirements and benefits of the program:
1. Investment: In order to be eligible for citizenship, the primary applicant must
be above 18 years old, meet the application criteria, and choose from one of
the four available options below:
- Invest a minimum of USD 200,000 in an approved real estate project.
Joint investment is possible, with both applicants investing at least
USD 200,000 each. The property cannot be sold within five years.
- Directly purchase a qualifying business for at least USD 1.5 million as
an individual. Alternatively, make a joint purchase where each person
contributes a minimum of USD 400,000, amounting to at least USD 5
million.
- Make a non-refundable contribution of at least USD 100,000 to the
National Development Fund.
- Make a non-refundable contribution of at least USD 150,000 to the
University of the West Indies.
2. Due Diligence: Applicants must undergo a thorough due diligence check to
ensure that they have a clean criminal record and that their investment funds
come from legitimate sources.
3. Residency: Applicants are required to spend at least five days in Antigua and
Barbuda within the first five years of obtaining citizenship.
4. Application Fees: Applicants are required to pay application fees, which vary
depending on the size of the investment.
Steps to apply:
1. Sign a service agreement with Montegna Private
2. Decide on the type of investment you want to make. You can either
make a non-refundable donation to the National Development Fund,
invest in real estate, or invest in an approved enterprise project.
3. Prepare and submit the required documents. This includes your
passport, birth certificate, police clearance certificate, and other
supporting documents.
4. Pay the required fees. This includes the application fee, due diligence
fee, and processing fee.
5. Wait for approval. The processing time can take three to four months.
6. Once approved, make your investment. If you chose to donate to the
National Development Fund, you will need to make the payment. If you
chose to invest in real estate or an enterprise project, you will need to
make the investment.
7. Obtain your citizenship certificate. This will be issued once your
investment is made and verified.
8. Apply for Antigua and Barbuda passport.
Overall, the Antigua and Barbuda Citizenship by Investment program offers a straightforward and relatively affordable route to citizenship for investors looking for visa-free travel, tax benefits, and business opportunities in the Caribbean.
The Citizenship by Investment Unit (CIU) is responsible for processing all Antigua and Barbuda Citizenship by Investment Program applications. The CIU conducts rigorous due diligence checks and may request an interview if necessary. Failure to provide accurate information or omitting relevant details may result in the rejection of the application.
The programs documentary requirements are reasonable and the application process is straightforward. After approval, applicants can obtain their passports in Antigua and Barbuda. Assuming there are no issues with the application, the entire process takes approximately three to four months.
Starting from July 1, 2023, successful applicants will be required to spend at least five days in Antigua and Barbuda during the first five years of acquiring citizenship. The timeline for real estate investments may vary depending on the project, so its crucial to choose a development that can provide the necessary paperwork for the citizenship application.
POPULATION AND AREA
98 k people
440 sq km
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