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Antigua & Barbuda Citizenship By Investment

The lush tropical islands of Antigua and Barbuda are widely considered to be among the most beautiful places on the planet. A hedonist’s paradise, there is quite literally a beach for every day of the year with some 365 white sand coves nestled into the corrugated coastline of the two islands. Away from the beach, Antigua is brimming with historic forts from its colonial past, candy-coloured villages and bright-eyed locals with wide grins spread across their faces.

Antigua & Barbuda first established its Citizenship by Investment Programme in 2013, before amendments to the Programme were implemented a year later. Applicants may choose between a contribution to the National Development Fund (NDF), purchasing Government-approved real estate, or investing in a pre-approved business when submitting an application.

Benefits

Citizens of Antigua and Barbuda can take advantage of numerous benefits, including:

  • Citizenship for life, with the right to live and work in the country

  • The opportunity to maintain dual citizenship if so desired

  • Visa-free travel to more than 125 countries and territories, including the Schengen Area, the United Kingdom, Hong Kong, and Singapore

  • A low tax regime

  • No restriction on the repatriation of profits and imported capital

  • Life in an economically, legally, and socially stable country that belongs to the Commonwealth of Nations, and whose political system is based on the British parliamentary system

  • Life in a tropical paradise, with appealing lifestyle and retirement options

The benefits of the Antigua and Barbuda Citizenship by Investment Programme include:

  • Low residency requirement

  • No interview requirement

  • No minimum level of English requirement

  • No previous education or management experience requirement

Application Process

Applicants must be at least 18 years of age, be of a good character with no criminal record, and have good health. An applicant may apply together with his or her spouse and dependent children, and, in some cases, dependent elderly parents or grandparents.

The process of applying for citizenship in Antigua and Barbuda is rigorous and requires diligent preparation in order to gather all the information needed. Application timelines can vary and be difficult to predict, although they usually depend on how easily an applicant can access the required documentation, as well as the complexity of the application as a whole.

Main applicants alone, but not their families, must spend a minimum of five days on Antigua and Barbuda over a period of five years. All five days may be spent on the island at the end of the five year period.

 

The process may be simplified into the following steps:

Step 1: Application preparation and pre-approval by CS Global Partners.

Step 2: Submission of the application to the Government of Antigua and Barbuda

Step 3: Government processing of the application and due diligence checks, taking between 4 and 6 months for completion.

Step 4: Approval in principle.

Step 5: Investment in a business, purchase of real estate, or donation to the NDF.

Step 6: Citizenship certificate issued.

Step 7: Passport application and issuance.

Investment Options

Antigua and Barbuda offers three types of investment that may qualify an individual for citizenship under the Programme.

  1. Making a one-time contribution to the National Development Fund (NDF);
  2. Purchasing pre-approved real estate;
  3. Investing in Government-approved business;
  4. Contributing to the West Indies Fund (UWI Fund).

Limited Time Offer

Until 31 October 2019, the Government of Antigua and Barbuda has decided to extend the Limited Time Offer that reduced costs under the National Development Fund (NDF) and real estate options in the aftermath of the 2017 hurricane season.

NDF Contribution
Family of 4 or less: USD 100,000
Family of 5 or more: USD 125,000

Real Estate Investment
Applicants can choose to make a joint investment with another main applicant for citizenship by investment in real estate worth at least USD 400,000. Each main applicant must make a minimum investment of USD 200,000 in order to qualify

1. The National Development Fund (NDF)

Under this option applicants must make a non-refundable donation to the NDF.

 

Minimum Contribution

Main applicant: USD 100,000
Family up to four members: USD 100,000
Family up to five members or more: USD 125,000

Processing Fees

Main Applicant: USD 25,000
Family up to four members: USD 25,000
Each additional dependent: USD 15,000

Due Diligence Fees

Main Applicant: USD 7,500
Spouse: USD 7,500
Dependant aged 12 to 17 years: USD 2,000
Dependant aged 18 years or above: USD 4,000

 

* Other fees payable include legal fees and passport fees. Fees are subject to change.

2. Real Estate

Applicants wishing to make a real estate purchase in Antigua and Barbuda must invest at least USD 400,000 in an approved real estate project. Real estate projects are approved by the Cabinet, following a recommendation by the Antigua and Barbuda Investment Authority (ABIA).

Generally, real estate purchased under this option must be held for a minimum of five years. However, during those five years the investor may instead either purchase another real estate property of equal or higher value, or make an investment under the business investment option. If these rules are not adhered to, investors may lose their passports.

 

Minimum Investment

Per application: USD 400,000

Processing Fees

Main Applicant: USD 50,000
Family up to four members: USD 50,000
Each additional dependent: USD 15,000

Due Diligence Fees

Main Applicant: USD 7,500
Spouse: USD 7,500
Dependant aged 12 to 17 years: USD 2,000
Dependant aged 18 years or above: USD 4,000

 

* Other fees payable include legal fees and passport fees. Fees are subject to change.

3. Business Investment

This option is available to applicants for citizenship of Antigua and Barbuda is an investment in a business that has been pre-approved by the Cabinet. Approval by the Cabinet follows a recommendation by the ABIA, which in turn makes its recommendation after consulting with the CIU.

 

Minimum Investment

Single Applicant: USD 1,500,000
Joint Investors: USD 400,000 with a total investment of  USD 5,000,000

Processing Fees

Main Applicant: USD 50,000
Family up to four members: USD 50,000
Each additional dependent: USD 15,000

Due Diligence Fees

Main Applicant: USD 7,500
Spouse: USD 7,500
Dependant aged 12 to 17 years: USD 2,000
Dependant aged 18 years or above: USD 4,000

 

4. West Indies Fund (UWI Fund)

The West Indies Fund is a mechanism for financing UWI’s fourth landed campus in Antigua and Barbuda. There are two unique features of the UWI Fund:

  1. Only a family of four persons or more can apply. i.e. A main applicant must apply with three or more dependants. The dependants can be children, parents, or grandparents, who fulfil the conditions of that dependant category.
  2. Participation in the UWI Fund entitles one member of the family to a one year, tuition only, scholarship at the University of the West Indies.

 

Minimum Investment

Per Application: USD 150,000

Processing Fees

Family up to four members: USD 25,000
Each additional dependent: USD 15,000

Due Diligence Fees

Main Applicant: USD 7,500
Spouse: USD 7,500
Dependant aged 12 to 17 years: USD 2,000
Dependant aged 18 years or above: USD 4,000

 

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