Citizenship by Investment
Antigua and Barbuda Citizenship Investment Program
October 1, 2024
This peculiarity is clearly demonstrated by the proposed diagram:
Total cost of Caribbean passports for a family of 4 (thousand dollars)
Why is the Antigua program so popular?
- Antigua and Barbuda is a member of the British Commonwealth of Nations. This means that the country's passport is not inferior to the British passport in many respects. For example, it allows you to visit about 150 countries of the world without a visa (in the extreme case, with the issuance of a visa upon arrival in the country). In particular, its holder is usually easily granted a visa to the United States, and for 10 years.
- This is one of the cheapest investment programs in the world. We will talk about it a little later, but now we will note one of its nuances. The conditions of the program are especially beneficial for investors with large families. The price of investments in Antigua changes insignificantly, regardless of the composition of the family.
- To obtain citizenship here, one does not need to pass any exams, nor does one need to reside in the country.
- The fact of obtaining a second passport remains confidential, and the program itself allows the investor to leave the citizenship of the native country.
- Antigua citizenship allows the resident to be under the protection of the English legal system, which is important for keeping finances and doing business.
- Antigua is a well-known offshore zone, with serious tax benefits.
Having familiarized ourselves with the advantages of the program, let's move on to its description.
What is the essence of the Antigua and Barbuda investment program?
- Irrevocable investment in a special Development Fund in the amount of $125 thousand.
- Purchase of real estate, and only from a special list approved by the Government, in the amount of $400 thousand. It is important that this amount increases only if the number of family members of the main applicant exceeds 4 people.
- Investment of at least $1.5 million in a business project already operating in Antigua.
- A non-refundable investment in the University of the West Indies Cultural Development Fund. This option was not previously available, but in 2019 the Government said it was ready and would be launched. For now, little is known about it and the pathway can be considered theoretical.
Percentage of investment options
- the first option was used by 70% of investors - it is the most popular;
- the purchase of real estate preferred 19% of foreigners;
- the remainder went for business investments.
What are the advantages of the program?
- It literally takes 3-5 months to obtain citizenship.
- Antigua and Barbuda has no taxes on dividends, world income, wealth and inheritance.
- Citizenship of Antigua and Barbuda is granted for life. Moreover, it is inherited by future descendants.
- You will be able to visit 150 countries of the world, including China, visa-free.
- With the citizenship of Antigua and Barbuda it will be possible to apply for long-term visas of the USA and Canada under a simplified scheme.
- Ability to do business anywhere in the world.
- It is not necessary to visit the state in person to apply for citizenship.
- To maintain citizenship of Antigua and Barbuda it is not necessary to reside permanently on the territory of the country.
- Information about obtaining citizenship is confidential.
Some other important nuances of the program
- will be able to develop his own business in the country with an annual profit of at least $100 thousand;
- will be able to pay to the treasury of Antigua a fixed tax of $20 thousand annually;
- actually reside in the country for at least 30 days a year.
Stages of citizenship of Antigua and Barbuda
Got questions left?
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