Antigua and Barbuda
Citizenship by Investment
Located in the Eastern Caribbean, where the Atlantic Ocean meets the Caribbean Sea, Antigua and Barbuda is known as one of the safest and most stable, independent Commonwealth countries in the Caribbean. It consists of two major inhabited islands along with a multitude of smaller islands. Considered one of the most breathtaking places in the world, the lush islands of Antigua and Barbuda are an inviting paradise with over 360 beaches of clean turquoise waters that attract investors and celebrities alike.
The Antigua & Barbuda Citizenship by Investment Program
The Antigua & Barbuda Citizenship by Investment Program was designed to facilitate economic expansion, increase Foreign Direct Investment and attract developments to the country. The legal code in Antigua and Barbuda guarantees investor protection, promoting an attractive investment environment.
Ways of Acquiring Citizenship
Applicants have three types of investment options available to obtain citizenship. The investment options include the following:
A contribution of a minimum of USD $100,000 for a family of four (4), or USD $125,000 for a family of five (5) or more persons.
An investment of a minimum of USD $400,000 in an approved real estate project. With this option the real estate is 100% freehold and must be maintained for a minimum of five (5) years.
For a limited time, two Applicants may make a joint investment of at least USD $400,000 provided each Applicant contributes a minimum of USD $200,000 towards the purchase of the real estate.
Investment of USD $1.5 million in the establishment of a business by a single investor; OR
A joint investment of a sum of at least USD $5 million by two (2) or more investors, where each investor contributed a minimum of USD $400,000.
Antigua & Barbuda Passport
The Antigua & Barbuda Citizenship by Investment Program was designed to facilitate economic expansion, increase Foreign Direct Investment and attract developments to the country. The legal code in Antigua and Barbuda guarantees investor protection, promoting an attractive investment environment.
Validity of the Passport
Initial passports are valid for five (5) years and renewable subject to the holder meeting the residency requirement.
Benefits of Antigua & Barbuda and the Citizenship by Investment Program
- Visa free access to 147 countries, including the UK, Europe, Hong Kong and many more.
- Economically, legally, and socially stable country.
- Dual citizenship as allowed.
- No interview, education, or management experience required.
- No requirement to visit Antigua and Barbuda before citizenship is granted.
- The application process is confidential, with no disclosure or exchange of information with other governments or bodies, except when due diligence checks are carried out as part of the application process.
- No tax on worldwide income, no estate tax, no death tax and no inheritance or capital gains tax.
- Full exemption from import duties, tax relief benefits and export allowance.
- No restriction on the repatriation of profits and capital.
- Offshore bank accounts, investments, and companies give unique opportunities for business and tax planning.
- Part of the British Commonwealth with Parliamentary system of Government.
- Antigua offers its citizens social and political security, reinforced by its membership in the UN and the Commonwealth of Nations.
- Well-known and established investment environment.
- Antigua is the travel hub of the region with direct flights to London, New York, Miami, Toronto and Montreal.
- Antigua is home to most technological advanced hospital in the Caribbean with two American Medical Universities.
- Citizens are entitled to the same rights as any other Antigua and Barbuda citizen.
Program Requirements
To be eligible to apply, the Principal Applicant must:
- Be in good health;
- Be of good character;
- Have a high net worth;
- Reside in the country for a minimum of five (5) days within a five (5)-year period
Applications will be denied on the following grounds:
- Direct or indirect misrepresentation;
- If the Applicant is from a country on the restricted countries list and has not satisfied the conditions for qualification;
- If the Applicant has a criminal record.
Individuals born in countries on Antigua and Barbuda’s restricted countries list may be eligible to apply provided that they have migrated before reaching the age of majority, and/or have maintained permanent resident status in Canada, the UK, the USA, Australia, New Zealand, Saudi Arabia and/or the United Arab Emirates for a minimum period of ten (10) years and have no economic ties to any restricted country.
Application Processing Time
Decisions are rendered in 3-4 months on most applications as long as the due diligence report is satisfactory to the Citizenship by Investment Unit. Upon Approval, Applicants have 30 days to make the investment into the National Development Fund or finalize the real estate transaction. Upon receipt of the investment or confirmation of real estate purchase, passports are issued within two weeks.
International Organization Membership
Antigua & Barbuda is a member of the following international organizations:
- The Caribbean Development Bank;
- The Organization of Eastern Caribbean States;
- The Caribbean Community (CARICOM);
- The United Nations;
- The World Bank;
- The International Monetary Fund;
- The Organization of American States; and
- The Eastern Caribbean Regional Security System.
Population
103,864
GNI Per Capita
$13,810 US World Bank (2017)
Official Languages
English (Official)
Currency
Eastern Caribbean Dollars. 1 XCD = 0.37 USD
Capital
Saint John’s
Temperature
Average all year round of 22°C – 31 °C
Major Religion
Christianity
Government
Constitutional Monarchy