Antigua and Barbuda, a stunning twin-island nation in the Caribbean, offers a Citizenship by Investment program that allows individuals to obtain citizenship through financial contributions.
This guide provides an overview of the process and requirements for citizenship in Antigua and Barbuda:
1. Overview of the Citizenship by Investment Program
Launched in 2013, the Citizenship by Investment program aims to attract foreign investment to support national development. The program offers several investment options, allowing applicants to choose the pathway that best suits their financial goals.
2. Investment Options
1. Sustainable Growth Fund (SGF)
A contribution to the SGF is the most straightforward option. It supports local development projects, enhancing infrastructure and public services. The minimum investment is:
- Single Applicant: $150,000
- Family of Four: $195,000
2. Real Estate Investment
Investors can purchase government-approved real estate. The minimum investment required is:
- $200,000 (if held for at least seven years)
- $400,000 (if held for five years)
This option allows applicants to own property in the beautiful Caribbean setting.
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3. Business Investment
Applicants can invest in an approved business that creates jobs for locals. The minimum investment for this option varies based on the nature of the business.
3. Eligibility Requirements
To qualify for citizenship, applicants must meet the following criteria:
- Age: Must be at least 18 years old.
- Good Character: A clean criminal record is essential.
- Financial Stability: Proof of the ability to make the required investment.
- Health: A medical examination may be required.
4. Application Process
The application process typically involves the following steps:
- Choose an Investment Option: Select the pathway that aligns with your financial goals.
- Gather Documentation: Prepare necessary documents, including proof of funds, identification, and background checks.
- Submit the Application: Work with a licensed agent to submit your application to the Antigua and Barbuda Citizenship by Investment Unit (CIU).
- Due Diligence: The CIU conducts background checks to verify the applicant’s information.
- Approval and Investment: Upon approval, make the required investment.
- Receive Citizenship: After the investment is made, applicants receive their citizenship certificate and passport.
5. Processing Time
The application process is efficient, with approvals typically taking 3 to 6 months.
6. Benefits of Citizenship
Visa-Free Travel
Citizens of Antigua and Barbuda enjoy visa-free or visa-on-arrival access to over 150 countries, including the Schengen Area, the UK, and many Commonwealth nations.
Tax Advantages
Antigua and Barbuda has a favorable tax regime, with no wealth, inheritance, or capital gains taxes.
Family Inclusion
The program allows investors to include their spouse, children, and dependent parents or grandparents in their application.
Quality of Life
Antigua and Barbuda offer a high quality of life. The islands are known for their relaxed lifestyle and rich cultural heritage. The country has stunning beaches, a warm climate, and a friendly community.
The CBI program in Antigua and Barbuda is a unique opportunity for anyone who is looking for a second passport and a new life in a Caribbean island; paying the right price is not the only thing that matters!
Antigua and Barbuda certainly remains an attractive and favorable option for investors from all around the world.
