A member of the Commonwealth, Antigua and Barbuda Citizenship by Investment requires an investment of USD 230,000 in the economy or USD 300,000 in real estate. Citizenship can be granted in 3-4 months. The second citizenship programme offers investors the chance to be not just citizens of this beautiful island country, but also to spend time in paradise.
About Antigua and Barbuda
An island nation in the West Indies, Antigua and Barbuda consists of two major islands- Antigua and Barbuda. There is a permanent population of about 96,000 who speak English, Antiguan, and Barbudan Creole.
It was once governed by the United Kingdom but was granted independence in 1981. It remained a member of the British Commonwealth with Queen Elizabeth II as its head of state.
Tourism dominates the local economy and accounts for around half of the GDP. It is famous for its ultra-luxury resorts and as a high-end travel destination. Investment banking and offshore services have also contributed significantly to the economy. Some of the world’s biggest banks like the Royal Bank of Canada and Scotiabank have offices there. In terms of other areas of the economy, manufacturing is a rather small sector but exports such as bedding and craft products persist.
Benefits of Antigua and Barbuda Citizenship by Investment
The benefits of an Antigua and Barbuda Citizenship by Investment include:
- Visa-free or visa on arrival access to 151 countries including Hong Kong, the EU, the Schengen Area, the UK and Singapore
- Full citizenship for applicant and family members
- Dependents under 28 and dependent parents or grandparents over 58 can benefit
- No interview required
- The right to vote
- No residence requirement
- No need to visit during the application process
- Quick processing time
- Cost-effective process
- No tax on global income
- Commonwealth citizenship
- A socially, economically, and politically stable country
- An attractive place to live or own a second home
Requirements for Antigua and Barbuda Citizenship
In order to apply for citizenship in Antigua and Barbuda, the main applicant must be over 18 years old.
As in other countries, the programme is only open to individuals that are reputable, of good standing, and do not have a criminal record in any country. Police certificates are required to be submitted and the government will do in depth due diligence on each application to ascertain whether any information has been withheld.
Applicants are also required to be in good health with no contagious diseases. Part of the application process is to provide a medical certificate that demonstrates this.
Those applying and their family members are required to reside in Antigua and Barbuda for at least five days within five years.
Those who are citizens of Afghanistan, Iran, Iraq, North Korea, Somalia, Yemen, and Sudan are not able to apply unless they migrated by a certain age or have permanent residence in another Commonwealth country for at least 10 years. They must also not have any economic ties to restricted countries.
The applicant must commit to meeting one of the three investment options presented by the government.
Contributions for Antigua and Barbuda Citizenship by Investment
The main applicant for an Antigua and Barbuda Citizenship by Investment can choose to invest in real estate with a minimum value of USD 300,000 from a government-approved project. Two applicants are allowed to make a joint investment with each applicant investing USD 300,000. The investment must be held for at least five years.
Alternatively, the applicant can purchase an eligible business for the minimum amount of USD 1.5 million. They can also be part of a joint purchase where each individual contributes USD 400,000 with a minimum net value of USD 5 million.
If they do not want to do either of the above, they can make a non-refundable donation to the National Development Fund for a total of USD 230,000. The NFD is a specialist fund that funds government-sponsored projects. Or they can make a non-refundable donation to the University of the West Indies for at least USD 260,000.
How long it takes
The whole process of acquiring an Antigua and Barbuda Citizenship by Investment takes around four months. This is as long as all documentation is in order and submitted on time to the authorities. It is important to ensure that all fees and investments are made on time as well to avoid delays.
Application process for Antigua and Barbuda Citizenship
Acquiring Antigua and Barbuda second passport includes a number of steps that need to be taken with due care and consideration. The whole process takes around three to four months.
- Before you start your application for an Antigua and Barbuda second passport, you need to engage the services and assistance of a professional such as Fast Offshore. We will evaluate your circumstances and guide you through preparing and executing each step of the process. At this point, we will then check your documents.
- Once all of your documents have been checked and collated, the file can be prepared for submission. It must be submitted to the government via an authorised local agent.
- At this stage, the initial due diligence is conducted both by the agent and the government. All supporting documentation must be submitted to the authorities.
- The government will then conduct in-depth due diligence including a thorough background check.
- Once this has been completed and everything is in order, government fees are paid and the necessary contributions are made. Evidence of all investments must be provided to the government.
- After this has been completed, the passport can be issued.
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Contact us today to take the first step towards freedom and new opportunities with a second passport. Alongside the applications, we can also assist with company incorporation, bank account opening, and other forms of corporate and financial advice, in each jurisdiction.
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