ANTIGUA & BARBUDA CITIZENSHIP by INVESTMENT
CAPITALCITY
Saint John’s
LANGUAGE
English & Antiguan creole
POPULATION
100,963
TIME ZONE
Eastern Caribbean Time Zone (UTC -04:00)
CURRENCY
East Caribbean dollars (XCD)
VISA FREE COUNTRIES
150 countries including Schengen Areas, UK
TOTALAREA
442,6 km2
POPULATION
100,963
NEAREST COUNTRIES
Montserrat 55km
ANTIGUA & BARBUDA
Antigua and Barbuda is a twin island located between the Caribbean Sea and the Atlantic Ocean. The country boasts of 365 stunning beaches and the reputation of a luxury Caribbean destination. The economy is servicebased with government services and tourism being the key pillars of employment and income.
Antigua and Barbuda gained its independence from the UK in 1981 and today, it forms part of the Commonwealth of Nations.
Antigua grants citizenship to investors, entrepreneurs and families alike in return for a contribution to Antigua’s National Development Fund (NDF) or an investment in real estate or business. Citizenship obtained under this programme grants citizenship for life, along with considerable mobility rights including visa free access to the Schengen area, UK.
LEGAL BASIS
The programme was established following parliamentary assent to the Antigua and Barbuda Citizenship by Investment Regulations 2014.
The Regulations regarding Citizenship by Investment in Antigua and Barbuda are contained in Section 6 of the Citizenship by Investment Act, 2014. These provisions allow the government to operate a programme under which citizenship is granted to persons who qualify under criteria set by parliamentary decision.
TAXATION OF NEW CITIZENS
A citizen of Antigua and Barbuda is exempt from taxation on foreign income, wealth, inheritance, gift or capital gains.
BENEFITS OF ANTIGUA AND BARBUDA CITIZENSHIP
Fast Process; 3 months
No Physical Residency Required Prior to Citizenship
Visa Free Travel to Schengen Zone
Dual Citizenship Allowed
Minimal Taxation
Right to Live & Work in the Country
ELIGIBILITY
Eligible dependants include the spouse and financially dependent children under the age of 29 who are full time students
at a recognised academic institution. Parents and grandparents above the age of 58 are also eligible for citizenship
under this programme.
‘FIT AND PROPER’ TEST
Antigua and Barbuda citizenship is only granted to
applicants of outstanding character. Applicants must be in
good health and hold a clean criminal record.
INVESTMENT OPTIONS
In order to qualify for the Antigua and Barbuda Citizenship
by Investment Programme the main applicant must either:
· Contribute a donation to the National Development
Fund or;
· Invest in Real Estate or;
· Make an investment towards the establishment of a
business.
DONATION TO THE NATIONAL DEVELOPMENT FUND (NDF)
The National Development Fund (NDF) is a non-profit
fund established to support the development of Antiguan
enterprise. The minimum contribution requirement for a
single applicant, or a family of 4 or less is US$100,000.
REAL ESTATE INVESTMENT
Applicants are required to make an investment in designated and officially approved Real Estate with a value of at least US$200,000 and kept for a minimum of 5 years.
BUSINESS INVESTMENT
A main applicant may also invest in an approved business
in Antigua. The minimum investment requirement for a
sole investor is US$1,500,000, whilst a joint investment
in an eligible investment requires at least US$5,000,000
– with each individual investing a minimum of at least
US$400,000.