Antigua and Barbuda Citizenship by Investment Program – Introduction
The Antigua and Barbuda Citizenship by Investment Program offers a pathway to citizenship for high-net-worth individuals and their families, providing access to the European and Caribbean markets and key Asian financial centers.
Key Benefits of residency in Antigua & Barbuda
Global Mobility
Holders of an Antigua and Barbuda passport enjoy visa-free or visa-on-arrival access to over 150 destinations, including major hubs like Hong Kong, Singapore, the UK, and Europe’s Schengen Area.
Family Inclusion
The program allows the inclusion of a spouse, dependent children under 31, parents and grandparents over 55, and unmarried siblings of any age of the main applicant or their spouse. Dependents can also be added post-citizenship grant. Commonwealth Membership
Citizenship includes privileges in the UK and other Commonwealth countries.
Other attractions of residence
The nation offers excellent air links and is an appealing location for residence or owning a second home.
Investment Options
To qualify, applicants must choose from one of the following:
- National Development Fund Contribution: A minimum of USD 100,000 (non-refundable).
- University of the West Indies Fund Contribution: A minimum of USD 150,000 (non-refundable).
- Real Estate Investment: A minimum of USD 200,000 in approved projects, with the property held for at least five years.
- Business Investment: Direct purchase of an eligible business with a minimum investment of USD 1.5 million individually or USD 400,000 per person in a joint investment totaling at least USD 5 million.
Application Process and Time Frame
- Authority: The Citizenship by Investment Unit (CIU) handles all application processes.
- Due Diligence: Applications undergo rigorous checks, with declinations possible if false statements are made or relevant information is omitted.
- Interviews: Virtual interviews are mandatory for main applicants and dependents aged 16 and older.
- Residency Requirement: Successful applicants must spend a minimum of five days in Antigua and Barbuda within the first five years of citizenship.
- Duration: The process typically takes 3-4 months from application to passport issuance, barring any issues.
Important Update
The minimum investment required will rise to USD 200,000 by June 30, 2024. This provides a limited window under current, more favorable investment conditions.
Conclusion
This program not only facilitates global travel and business opportunities but also requires minimal physical presence, making it an attractive option for investors seeking flexible citizenship solutions.
Final thoughts
If you have any queries about the Antigua and Barbuda Citizenship by Investment Program then please get in touch