Since its inception in 2013 the citizenship by investment program in Antigua and Barbuda has provided a route to acquiring citizenship. It is recognized as a new initiative within the Caribbean region with distinct characteristics that set it apart from similar programs elsewhere.
In times the tropical charm of Antigua and Barbuda has captured the interest of travelers and nature lovers from around the world. The islands boast captivating rainforests, rugged volcanic terrains, expansive sun drenched beaches and lively coral reefs that are perfect for fishing and diving activities.
Foreign investments play a role in supporting the growth of the tourism sector, infrastructure development and philanthropic projects in Antigua and Barbuda. Moreover entrepreneurs are drawn to these islands due, to the business environment they provide for setting up and running international enterprises.
Advantages of the Antigua and Barbuda Citizenship by Investment Program
Source: hotels.com
- Swift Process: Getting an Antigua and Barbuda passport usually takes around 3 to 6 months from when you apply.
- No Language or Cultural Requirements: Investors need not learn a new language or understand the history and culture of their second homeland to acquire citizenship.
- Remote Application: All interactions with immigration authorities are handled exclusively through a law firm, enabling individuals to obtain a Caribbean passport without leaving their home country.
- Minimal Residency Obligation: There is no mandatory requirement for new citizens to reside permanently in Antigua and Barbuda. To maintain citizenship, only a brief visit of 5 days within the first 5 years is necessary.
- Family Inclusion in Citizenship Application: The primary applicant has the option to include all family members in the citizenship application such as their spouse, minor children, dependent adult children up to 30 years old and financially dependent parents or grandparents over 55 years old.
- Obtaining Extra Passports: Following the acquisition of Antigua and Barbuda citizenship through investment applicants have the opportunity to obtain passports for their spouses, minor children and parents over 55 years old, for a supplementary fee.
- Confidentiality Guarantee: The program ensures complete confidentiality, with no sharing of information about second citizenship.
- Cost-Effectiveness: The program offers citizenship at a lower cost compared to obtaining EU citizenship and a European passport.
Criteria for Foreign Investors
To encourage the entry of funds the Antigua and Barbuda government has set specific criteria for individuals interested, in participating in the citizenship through investment initiative;
- Age Criteria: The primary candidate must be least 18 years old.
- Financial Verification: Prospective candidates are required to furnish documentation proving the origin of their investment funds encompassing all applicable charges and catering to their entire household.
- Due Diligence Checks: Both the investor and applicants over 12 years old must successfully pass Due Diligence checks.
- Health Condition: The primary applicant and their dependents should be, in health.
- No Criminal Record: All applicants must have a record without any criminal history.
Benefits of Holding an Antigua and Barbuda Passport
Source: freepik.com
Visa-Free Travel
- Access to 151 countries worldwide without a visa or with entry permits upon arrival, including the UK, Singapore, and EU countries.
- Entitlement to a 10-year business visa for the USA and a long-stay visa for Canada.
Favorable Taxation System
- Tax residents enjoy zero taxation on income earned both domestically and internationally.
- No taxes on wealth, inheritance, or capital gains.
Opportunities for International Business
- Ideal conditions for a thriving business environment, with highly skilled workforce and robust infrastructure.
- No taxation on profits earned outside the islands.
- Simplified procedures for registering international businesses, fostering collaborations with major banks in the UK, Europe, and the USA.
High Standard of Living and Economic Stability
- Economic growth and diversification post-sovereignty.
- Flourishing tourist’s industry, tuition-free education, well-developed healthcare system, and multiple higher education institutes.
- Relatively high standard of living and low street crime rate.
Natural Beauty of Antigua and Barbuda
- Stunning natural landscapes perfect for beach holidays, hunting, fishing, diving, and sailing.
- 5-day residency provides a glimpse of the remarkable environment awaiting citizenship holders, with the option to extend your stay and immerse yourself further.
