ANTIGUA AND BARBUDA
“The largest of the English-speaking Leeward Islands attracts visitors with its mesmerizing beaches of the finest white sand and azure waters. Join the celebrities who have chosen the island as a place for winter homes and neighbor with Oprah Winfrey, Eric Clapton, and many more.”
WHY CHOOSE ANTIGUA & BARBUDA?
The combined size of 442 square kilometers and a population of over 80,000 make Antigua & Barbuda the ninth-largest country by size in the Caribbean. The country’s economic citizenship programme facilitates the comfort of visa-free travel to more than 100 countries.
Antigua & Barbuda recognizes dual citizenship, which can prove advantageous for business expansion and tax relief. Other benefits include the following:
- Application processing within three to four months.
- Inclusion of dependent children under 28 and dependent parents or grandparents over 58.
- No requirement to travel to Antigua & Barbuda during the application process.
- No interview, education or managerial experience required.
- Visa-free travel to more than 100 countries, including the Schengen zone, the U.K., Hong Kong, Singapore and more.
- No tax on worldwide income.
Antigua & Barbuda’s Citizenship by Investment Programme was established in 2012. To qualify for citizenship applicants must fulfill one of the investment options below in addition to meeting the following criteria:
- Be of outstanding character.
- Hold no criminal record.
- Have excellent health.
- Have a high personal net worth.
- Reside with the family members who are included in the application in the country for a minimum of 5 days within a period of five years.
Individuals born in countries on Antigua & Barbuda’s restricted countries’ list (Afghanistan, Iran, Iraq, North Korea, Somalia,Yemen, Sudan) but who have migrated before the age of majority and/or have maintained permanent residence in Canada, The United Kingdom, The United States of America, Australia, New Zealand, Saudi Arabia and The United Arab Emirates for a period of not less than 10 years and maintain no economic ties to any restricted country may qualify for application.
The government adopted the citizenship by investment programme as one of the mechanisms to promote economic growth, attract developments, increase foreign direct investment to the country, support the development of infrastructure and provide for a sustainable future. As a result, investors can choose from several options to qualify for the programme.
- 1. National Development Fund Contribution or Charitable Donation
High net worth individuals may choose to make a monetary contribution of US$100,000 to the National Development Fund or an approved charity.
- 2. Real Estate Investment
Applicants may purchase property valued at a minimum of US$400,000 in a preapproved real estate development area. (change 400,000 to 220,000)
ABOUT Antigua & Barbuda
Caribbean, islands between the Caribbean Sea and the North Altantic Ocean, east-southeast of Puerto Rico
CAPITAL
Saint John’s
DIFFERENCE
UTC-4
LANGUAGE
English
CURRENCY
East Caribbean dollars (XCD), tied to USD
EXCHANGE RATE
1 USD = 2.7 XCD (2014)
Country process
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INVESTMENT PROGRAMME COST
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ANTIGUA & BARBUDA
INVESTMENT PROGRAMME COST
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