ANTIGUA AND BARBUDA CITIZENSHIP BY INVESTMENT

The Antigua and Barbuda Citizenship by Investment Program is becoming very popular among HNIs globally owning to its straightforward application process, fast outcome and quality of real estate offered

Under this option, applicants can apply for citizenship by making an investment in a designated, officially approved real estate with a value of at least US$300,000.

In addition to the real estate investment, applicants are also required to pay the necessary government processing fees and due diligence fees.

The fee structure is as follows:

Applicants wishing to qualify for citizenship under the real estate option may choose to purchase property valued at minimum US$300,000 .

For a single applicant, or a family of 4 or less

• Processing fees: US$10,000

For a family of 4:-

• Processing Fees: US$20,000

For a family of 5 or more:-

• Processing Fees: US$20,000 + US$10,000 for each additional dependent

The real estate cannot be re-sold until 5 years after the purchase, unless it is replaced by purchasing an alternate officially approved real estate property in the island nation.

• Under this option, a single applicant or multiple applicants can apply for citizenship.The two business investment options are:
  • A single person making an investment of at least US$1,500,000 (1.5 million) in an approved business.
  • At least two persons propose to make a joint investment of at least US$5,000,000 in an approved business, with each individual contributing at least US$400,000 to the joint investment.

  The business investment has to be first approved by the Citizenship and Investment Unit (CIU) before the application can be considered for citizenship.

  After the application is submitted, applicants are required to pay due diligence fees, passport fees and other government fees.

  The fee structure is as follows:

  Main Applicant – US$7,500

  Spouse – US$7,500

  Dependent Child aged 12-17 years – US$2,000

  Dependent Child aged 18-30 years – US$4,000

  Dependent Parent aged over 55 years – US$4,000

• Visa free travel to over 135 countries
• Simple, streamlined application process
• No minimum net worth requirements or previous business experience needed
• No minimum age, language or education requirements
• One-time contribution and no hidden costs
• Permits dual nationality
• Citizenship obtained for life
• Once citizenship is obtained, investor has the right to reside permanently on the islands. Alternatively, new citizens have to spend at least five days in the five years following granting of citizenship

• Anyone above the age of 18 years can apply for this program
• Applicants should have no criminal record

All applications under the Citizenship by Investment program have to be made through an authorized/licensed agent.

Processing time is generally 6 months in most cases.

There are three options available for investors to make an investment:

• No property taxes
• No personal income tax but corporate tax on business on the island
• No property transfer taxes
• No management fees
• No monthly association fees