Citizenship by Investment - Antigua and Barbuda
|COUNTRY NAME||COUNTRY CODE||CONTINENT||POLITICAL ENTITY|
Antigua & Barbuda
Parliamentary and Federal Monarchy
|REAL ESTATE||CURRENCY||TYPE OF PROGRAM||INVESTMENT OPTION / AMOUNT|
Citizenship by Investment
200K-400K (single applicant)
|TIME TO RESIDENCY||TIME TO CITIZENSHIP||PHYSICAL RESIDENCY||RECOVERY TIME|
3 – 6 months
5 days/ 5 years
Real Estate in 5 years
Antigua and Barbuda can be found in the Eastern Caribbean. It is an independent commonwealth state. They’re known to be tropical islands and known to be one of the most beautiful places in the world. It is known for its 365 turquoise blue waters. The major driver of its GDP is tourism which brings in 60 percent of the islands’ income. Its key targets for tourism are Europe, US, and Canada.
The Antigua and Barbuda are members of the following international organizations: Caricom, British Commonwealth, United Nations, Organization of the American States (OAS), and others. Those who have the Antigua and Barbuda passport can travel without visa to around 150 countries which include the UK and the Schengen zone.
Citizenship by Investment
The government investment program of Antigua and Barbuda is relatively new in the Caribbean. This was launched only in 2013. This program offers lifetime citizenship to many foreign clients who invest in the islands by way of donation that amounts to USD 100,000 or under real estate for USD $400,000. It may also be a business investment that amounts to US $1,500,000 as an eligible business for sole investment or joint which involves two individuals. The latter must amount to US $5,000,000. Each of the two individuals must invest at least US $400,000 each.
There are many benefits to getting the government investment program. Here are some of them. Personal visit is not required. It is not also required to live in the islands after acquiring the citizenship. The holder can easily have dual or multiple citizenships with other countries around the world. There are no interviews, language tests, or business experience required. There are also no wealth, inheritance, and personal income taxes required.
Conditions of Eligibility
The applicant must be 18 years of age and with no criminal record. It is important for the applicant to be in good health and with confirmed investment sources. Within a period of five years towards naturalization, it is a must for the applicant to stay in the country for 5 days. The applicant must also undergo all the checks and approval necessary for the citizenship to be granted. The Antigua and Barbuda passport may also be acquired by the spouse of the applicant, adult children who are under 28 years old, and parents who are above 65 years old.
Processing the citizenship will only take 3 months and it is valid for five years. For you to renew the citizenship passport, it is necessary to visit Antigua and Barbuda for 5 days.