Citizenship by Investment
Why Antigua and Barbuda
Considered one of the premier Caribbean destinations, the twin island state of Antigua and Barbuda harmonizes traditional Caribbean charm with first world services.
Known for its 365 pristine beaches and secluded stretches of frilled coastline, the island enjoys cutting edge financial services and advanced communications infrastructure that sets it apart from other destinations that offer similar Citizenship by Investment services.
Main benefits of investing in Antigua & Barbuda:
- visa-free travel to over 150 countries
- passport in 4 to 5 months
- dual nationality
- citizenship for the whole family for life
- full confidentiality
- economic, political and social stability
- no wealth, inheritance or capital gains tax, no income tax
- no restriction on the repatriation of profits and imported capital
With good reason many wealthy individuals, important personalities and international business people will benefit greatly from opting for a second citizenship and by doing so secure an excellent long term investment for the future along with the freedom, security and flexibility that comes with having a second home.
Antigua and Barbuda’s Citizenship by Investment Program (CIP) is one of the latest program of this kind in the Caribbean (Grenada and St. Lucia came after). It was established following parliamentary assent to the Antigua and Barbuda Citizenship by Investment Regulations 2014.
These provisions allow the government to operate a program under which citizenship is granted to persons who qualify under criteria set by parliamentary decision.
The Citizenship by Investment Program (CIP) requires a person to make a significant economic contribution to the country. In exchange, and subject to stringent application procedures, including thorough background checks, the applicants and their families are granted citizenship. Families including spouse, dependent children under the age of 28 years, parents and grandparents over 58 years may qualify for citizenship through the submission of one simultaneous application.
To qualify for citizenship, the primary applicant must be over 18 years of age, meet the application requirements and select one of three investment options.
Applicants will be required to confirm one of the investment options. Thereafter it is required as part of the regulatory process to conduct an initial inquiry on each applicant. Following this, a more comprehensive government application form is completed and supporting documents obtained to submit to the approving body, Citizenship by Investment Unit (CIU) for processing.
On submission of the fully completed application forms, with all supporting documentation to the CIU, the applicant is required to pay the full government Due Diligence fees along with 10% of the government Processing fees which are non-refundable.
Within 90 days of the submission of an application, the CIU will notify the Agent in writing on behalf of the applicant that the application has been approved, denied or delayed for whatever reason.
Family applications will be considered to include the following family members:
- a spouse of the main applicant
- a child of the main applicant or his or her spouse who is less than 18 years of age
- a child of the main applicant or his or her spouse who is at least 18 years and less than 28 years of age and who is in full time attendance at a recognised institution of higher learning and fully supported by the main applicant
- a child of the main applicant or of the spouse of the main applicant who is at least 18 years of age or older, who is physically or mentally challenged, and who is living with and fully supported by the main applicant
- parents or grandparents of the main applicant or his or her spouse above the age of 58 years living with and fully supported by the main applicant
Note: For the purposes of the Antigua and Barbuda Citizenship by Investment Program ‘child’ means a biological or legally adopted child of the main applicant, or of the spouse of the main applicant.
Passport A & B
The passport will be valid for a period of 5 years and will be considered for renewal subject to the recipient having spent a total of 5 full days in Antigua and Barbuda, since gaining citizenship, within the 5 year period. The passport does not afford automatic voting rights and persons would need to qualify as outlined in the Representation of the People Act.
The passport will afford the holder visa free travel to 150 countries that includes Hong Kong, Singapore, U.K. and the Schengen Area.
Deprivation of citizenship may occur if the citizen does not spend at least 5 days in Antigua and Barbuda during the period of five calendar years after having obtained citizenship and they will not be entitled to repayment of any investment, contribution or purchase price made by them in their original application for citizenship.
Deprivation of citizenship will occur where such registration as a citizen was obtained by false representation or fraud or willful concealment of material facts or the person has been convicted in Antigua and Barbuda of an act of treason or sedition.