Antigua and Barbuda offers citizenship by investment programs. The processing time is very fast within 3-4 months. The passport issued with 5-year validity can be renewed later.
-An investment for the amount of USD 100,000 covering a family of up to 4 members or single applicant along with processing fees of USD 30,000 or;
-A contribution for the amount of USD 125,000 covering a family of 5 along with processing fees of USD 30000 or;
-A contribution investment for the amount of USD 125,000 along with processing fees of USD 30,000 plus an incremental amount of US$15,000 for each member of a family of more than 5 members.
The value of the purchase must be at least $200,000 to qualify for an Antigua/Barbuda passport.
– USD 200,000 – Two related parties making a joint investment
–USD 400,000 – Investment amount for an individual
Besides this, a Govt processing fee is also charged.
For a single applicant, or a family of 4 or less
– Processing fees: US$30,000
For a family of 5 or more:-
– Processing Fees: US$15,000 for each additional dependent
You must hold the real estate for 5 years after which you can sell it in the market and still keep the citizenship.
Please note there is an additional $50,000 processing fee for real estate and business options. It does not apply to NDF, which is the cheapest option.
This is a contribution investment created for large families. Under this option, one can finance the university to build its campus in Antigua and Barbuda. The minimum number of persons per application is 6. Participation in this option will have some extra incentive. It entitles one member of the family to a one-year, tuition-only, scholarship at the University of the West Indies.
Foreigners can qualify for Antigua citizenship by making a $150,000 one-time contribution to the UWI fund.
– USD 150,000 for a family of six (6) or more
In addition to this, a processing fee is also charged by the Government.
For a family of 6 people:-
– US$150,000 contribution (inclusive of processing fees)
For a family of 7 or more people:-
– US$150,000 Contribution
– Processing Fees: US$15,000 for each additional dependent
There are some due diligence fees that are also charged. In addition to this, Passport fees and Additional Lawyer/agent fees may also be applicable.
Due diligence fees:
– USD 7,500 for the main applicant and spouse,
– USD 4,000 for dependents above 18, and
– USD 2,000 for dependent children between 12–17.
Passport fees: USD 300
Additional Lawyer/Agent fees apply
The Antigua Citizenship by Investment Unit (CIU) will do a consultation with the Antigua and Barbuda Investment Authority (ABIA). Subsequently, it can approve businesses, whether existing or proposed. This is done for investment in business under the Citizenship by Investment Program.
There are two business investment options that can be made in an approved business:
– Single person investment: An investment of US$ 1,500,000 would be needed.
– Join investment: At least two persons propose to make a joint investment in such an approved business totaling at least US$ 5,000,000. Subsequently, each of those persons individually proposes to contribute at least US$400,000 to the joint investment application. An application for Citizenship by Investment may be submitted on his, her or their behalf through an agent.
In addition to this, a processing fee may also be charged.
For a single applicant, or a family of 4 or less
– Processing fees: US$30,000
For a family of 5 or more:-
– US$150,000 Contribution
– Processing Fees: US$15,000 for each additional dependent
The requirements of the Antigua & Barbuda citizenship by investment program are quite simple, and they include the following:
Main Applicant Requirements
Spouse and Dependents requirements
The requirements and qualifications required to obtain Antigua and Barbuda residency or citizenship are listed above in the “About Antigua and Barbuda Citizenship and Residency” section.
The total timeline takes around 3 months, depending on certain factors. Such factors include diligence checks, the accuracy of paperwork, and potential slowdowns in governments due to COVID.
The government authority responsible for administering the program, the Citizenship by Investment Unit (CIU), is responsible for the processing of all applications. The CIU examines the application thoroughly and, if deemed necessary, may request the applicant to attend an interview. The authority also takes up strict due diligence and checks in the process.
There is a requirement to reside in Antigua and Barbuda initially. This is necessary for a minimum of five days during the first five years of obtaining citizenship. However, the CIU has temporarily suspended this requirement. This is because of the various travel restrictions resulting from the COVID-19 pandemic. This suspension will expire on 31 August 2022. Under the real estate option, the time frame may vary depending on the project. Therefore, it is important to select a real estate project that can provide the necessary paperwork required from the developer for the citizenship application.
Since 1995, Antigua and Barbuda has offered a permanent residency program. It was designed to encourage high net worth individuals to establish tax residency in the islands.
Qualified applicants are issued a Permanent Residency Certificate and a Tax Identification Number.
Requirements to qualify for the Permanent Residency Program of Antigua & Barbuda:
The benefits of tax residency in Antigua & Barbuda include:
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Privacy World can also help you with incorporating your company in Antigua and Barbuda, assisting in getting you settled in the country and coordinating with you so that this experience will be less of a hassle.
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