Making investments in foreign countries can bring abundant benefits for investors. In the last few years, the global market has become more open and flexible for immigrants and investors.
Antigua and Barbuda are tropical islands and a country in North America at the heart of the Caribbean. The country welcomes thousands of immigrants every year who want to spend their lives on these beautiful islands.
Furthermore, the local regime commended the citizenship investment program in 2013 for foreign investors to attract foreign investment. Antigua and Barbuda’s citizenship by investment program helps the country in economic development. It enhances their infrastructure and entices business innovations on their land.
In return for the investment, foreigners enjoy these incredible islands’ citizenship and abundant benefits. We have an expert immigration lawyer in India who can provide you with assistance to obtain Antigua & Barbuda Citizenship by Investment.
Antigua and Barbuda citizenship by investment program by investment offer 3 options to invest in their country.
Contribution to the government funds is the direct and most straightforward investment option for foreign Investors in Antigua and Barbuda. It is also known as National Development Fund. By doing so, they can obtain citizenship.
The minimum capital requirement under NDF is US$100,000 for a single applicant. However, they can add up family members like spouses, children, parents, and other principal applicants through an additional investment of US$125,000. Apart from this application, investors will have to pay US$30,000 processing fees.
2. Real estate
Real estate is growing exponentially worldwide, especially in places like islands. Island is an excellent attraction for tourism around the world. Keeping this in mind, Antigua and Barbuda’s local regime allows investors to buy real estate properties under the investment program.
As per Antigua and Barbuda citizenship by investment requirement, investors will have to invest as minimum as US$200,000 in government-approved real estate property. Apart from this, the applicant will have to pay US$50,000 as processing fees and the same for the spouse.
If the principal applicant wants to include dependents under 18 years, they will require a US$25,000 investment. They will also have to invest US$30,000 for dependents above 18 years.
Furthermore, two applicants can make investments in the same real estate property. However, each will have to invest US$200,000. Apart from this, they will have to pay processing fees and due diligence fees.
Here note that an investor must hold real estate property for 5 years after buying real estate property. They cannot sell it to obtain citizenship. Although, the Investor is free to replace the property with the pro-rata amounted property.
3. Venture capital fund or business investment
As Antigua and Barbuda are located in the rich Caribbean, it is gradually attracting businesses, especially around port areas. Under the investment program, two or more applicants can apply for citizenship. There are two ways for business investment to pursue citizenship.
- A single applicant can invest a minimum of US$1,500,000 in a government-approved business, enterprise, or others.
- Two people can make collaboration on a single application with at least a US$5,000,000 investment. However, each one must have to invest a minimum of US$400,000.
The main applicant will have to pay due diligence fees, passport fees, and other government charges to obtain citizenship. For the applicant and spouse, the fees will be US$7,500. For children, the fees vary from US$2,000 to US$4,000. Also, the applicant can include parents above 55 years by paying US$4,000.
Additional requirements for Antigua and Barbuda Citizenship by Investment Program
- Applicant should not have any criminal records
- Age of the applicant must be above 18 years
- Dependants in the application only cover
As Antigua and Barbuda are tropical islands located in a prolific area, foreign investment can get enormous profit in the return of their property or business investment. Also, their investment can bring additional benefits like tax-free property. On top of all this, they can cherish their lives with family in beautiful landscapes. If you plan to invest in these beautiful islands, reach out to our immigration attorney in India. We will make your journey to the islands smooth and hassle-free.
Once you are citizen of Antigua & Barbuda you can travel up to 151 countries visa free including Schengen European countries and live in UK on visitor visa up to six months.