The Antigua and Barbuda CBI program is also one of the few that not only allows for adult dependent children aged 18-26 to be included in the main application (if they are a full-time student), but it also allows for parents and parents-in-law of the main applicant to be added too (financially dependent, 58+ years old). The total time it takes, from the lodging of your application to actually holding your passport in your hand is relatively quick, especially when compared to European CBI programs. Assuming an agent fee of $55,000,  a family of four (2 adults and 2 teenagers) applying for citizenship by way of donation will spend. Assuming an agent fee of $55,000, a family of six (2 adults, 2 teenagers, and 2 young children) applying for citizenship by way of donation will spend $285,800. You’d be easily forgiven if you didn’t know exactly where the country of Antigua and Barbuda is located within the Caribbean. If the hotels are approved, investors will be able to participate in the programme by buying shares in these hotels. Donate $150,000 to the University of the West Indies Fund. You can also invest in a pre-approved business to obtain your Antiguan passport. There shouldn’t be any problem fulfilling this requirement, however. It’s risky to invest in a country that relies only on tourism and foreign investment and can potentially be hit by a hurricane every year. At the same time, the Antiguan passport is pretty similar to other Caribbean passports by investment, so you need to do your own due diligence and decide if it’s worth your while. A quick flight from North America and a longer one from Europe, the country really has plenty to offer to the foreign investor. On top of that, the Antiguan passport is one of the most powerful in the Caribbean, allowing you to access 150 countries visa-free. The hotel restaurant menu is a mix of West Indian cuisine and seafood dishes. This really is the absolute minimum. Antigua and Barbuda is known for opulent travel. If an investor invests from $200,000 and satisfies all the conditions, they receive an Antigua and Barbuda passport. More Information. Each cottage has a veranda, and the luxury villas have a private outdoor pool built into it. . They will be added when construction begins. The NDF is a fund that was established around 15 years ago to finance government projects that improve the lives of its populace. Visit an Antiguan Embassy, High Commission or a Consular office to take an oath of Allegiance and physically receive your passport. Additional dependents at $25,000 each. It’s also put in further danger by the rising sea levels. Out of respect to those who engage our services, we don't provide personalized advice or referrals unless you engage us. Assuming an agent fee of $40,000, a single applicant going the donation route will spend approximately $177,800. Let’s first cover what a citizenship by investment program is and what the requirements of one generally are. They are as follows: police certificate proving that you don’t have a criminal record, a copy of your passport, a marriage certificate, a birth certificate, and a few others too. If you would like to obtain a second passport for the Caribbean state, contact the experts at Immigrant Invest for advice. 1. Nations whose citizens are only accepted if they are residents of any other country: Afghanistan, Iran, North Korea, Somalia, Yemen, and Sudan. That’s not very common in the CBI world (at all) and gives Antigua and Barbuda a clear advantage. WhatsApp. Want to make Antigua and Barbuda your home? About - History - … T he Antigua and Barbuda citizenship by investment application process is extremely efficient, and the government of Antigua and Barbuda is committed to the highest standard of due diligence and vetting of investor applicants ensuring only persons of impeccable standing and repute will be admitted. will be returned after 4 years in the form of dividends. Government fees: $30,000 NDF processing fee (April 2020) for up to four family members. For example, back in 2017, a few of the Caribbean CBI programs cut their prices, which left Antigua and Barbuda scrambling for investment dollars. Benefits of Becoming a Citizen of Antigua and Barbuda. And even though you ideally want to be looking for recoverable investment opportunities when you buy a second passport, that’s not likely in Antigua and Barbuda. All applications are subject to rigorous due diligence to ensure that only meritorious applicants are granted citizenship of Antigua and Barbuda. Eventually, most of them were re-listed for different reasons. Antigua & Barbuda is one of the most beautiful island nation in Caribbean with beautiful beaches and … Visa-free travel has opened up numerous business opportunities for me in Europe and in South Africa.”, “After obtaining an Antiguan passport, I’ve been able to open up my business in Russia. When you think about it, placing countries on a blacklist is an extremely efficient way for richer and more economically developed countries to coerce smaller countries to adopt higher tax rates. It’s quintessentially Caribbean too, with rum factories, brightly colored villages, and friendly locals. Citizenship of Antigua and Barbuda. of the main applicant to be added too (financially dependent, 58+ years old). It’s the lowest amount that can get you an Antiguan passport and it’s one of the most affordable options for a family of up to four people in the world. There is no requirement to attend an interview either. In December 2020, the list of approved projects includes 39 hotels and resorts. They’ve also established their citizenship by investment program, which has raised a large sum of money for this tiny country, allowing it to develop and grow. The year of 2018 was by far the best one for Antigua’s CBI program, judging by application volume. Menu. You will have to pay 10% of the government fee (so $3,000 if you’re going the donation route) to start the application process. Antigua and Barbuda citizenship programme for investment Under the terms of the programme, investors invest from $200,000 – the value of one share in an approved hotel. There are no TVs or radios: the philosophy is for couples to enjoy each other’s company without distractions. During that time, you must visit and spend at least five, days in the country to be able to extend the passport once it expires. Assuming an agent fee of $55,000, a family of six (2 adults, 2 teenagers, and 2 young children) applying for citizenship by way of donation will spend, 3. They also offer aromatherapy and yoga classes. We aren’t yet sure what the OECD’s push for the eradication of “harmful tax competition” will do to the Caribbean CBI programs, but one thing is for sure: The current conditions that seem almost too good to be true won’t last forever. It doesn’t have an extensive history in this industry like St Kitts and Nevis , for example. 1. So, the minimum $100,000 investment has stayed, making an Antiguan passport the cheapest one you can get for a family of four. Antigua and Barbuda has the most straightforward and transparent fee structure. This was announced by Cabinet last week amending the 5 day requirement.. when you buy a second passport, that’s not likely in Antigua and Barbuda. A financial contribution is one of the primary qualifiers of applying under the CIP. You don’t have to live or even visit Antigua and Barbuda to obtain its passport. Known as the land of 365 beaches, the twin islands of Antigua and Barbuda boast of mesmerizing natural beauty. Jovana is our lead R&D Associate at Nomad Capitalist. The citizenship by investment programme for Antigua and Barbuda provides a second passport to investors offering visa-free travel to over 160 countries including the UK, EU Schengen zone, Hong Kong and Switzerland. There are several options for investment to gaining citizenship in Antigua. Although the exact list of countries will vary and you can check the up-to-date official list here, you’ll be able to travel to approximately 150 countries without applying for a visa. Participants in the citizenship programme own the property for a minimum of 5 years. Around 300,000 people come to the country every year for holidays, including celebrities such as football star Lionel Messi. Lodge an application and only if you receive a passport will you have to spend five days in the country in five years to retain your citizenship. Quick passport. What followed was somewhat of a price war, with each island-state trying to gain an edge and attract more investors. It could be an attractive option for those looking to recover all the money that they’ve invested if they can wait five full years. Don’t forget to factor in flights to Antigua if you plan to retain your Antiguan passport for more than 5 years. So far, Antigua was the only CBI program in the Caribbean requiring a personal visit for 5 … Antigua and Barbuda Citizenship by Investment. You’ll still get to keep the citizenship if you sell the real estate once the five years are up. Getting Antigua & Barbuda citizenship leads to diversified benefits, such as: • Ease in acquiring residency through simple requirements as low as 7 days annually. We give you deep insights into the pricing of Antigua… We can help you navigate the entire application process, from your first considerations of the program to holding your new passport in hand. All of the Schengen area, South Africa, Hong Kong, Brazil, and others. Citizenship of Antigua and Barbuda Home page There is no negating the fact that Antigua and Barbuda is one of the top holiday destinations in the world. It will then be issued for five years. Get an Antiguan passport for as low as $100,000. This includes a spouse, child who is less than 18 years of age, or a child of the main applicant or his/her spouse who is at least 18 years and less than 28 years of age, and is in full time attendance at a recognized institute of higher learning, and fully supported by the main applicant. Since Antigua and Barbuda is part of the Commonwealth, its citizens are entitled to certain privileges in the United Kingdom and its other member states. Although similar to other programs, such as St Lucia or Grenada, Antigua and Barbuda has an edge if you aren’t a solo applicant. No need to renounce your current citizenship. Antigua and Barbuda Citizenship Legalixa Law Firm is a full service Turkish Immigration Law Firm with a long record of excellence and professional leadership in Istanbul, Turkey. immigration department of antigua barbuda passports, extentions, residency, visa, appointments, citizenship. The due diligence fee is charged for each family member above the age of 11 years as prescribed in the table below. The due diligence fee is charged for each family member above the age of 11 years as prescribed in the table below. • Citizenship of a Common Wealth Nation. Not only that, but they’ve become the cheapest option to get a Caribbean passport for a family of up to four members. All subsequent. Antigua has built some of the most exclusive resorts in the world and Barbuda continues attracting people with its untouched and raw natural beauty, and fewer facilities as well. contact the experts at Immigrant Invest for advice. • Quick citizenship processing time (3 to 6 months only) than any other country. Changes to one cause reverberations throughout the islands and others soon follow suit, trying to gain an advantage. Incremental payments of $15,000 for each additional dependent. Facebook. Copyright © 2021 Immigrant Invest. Investors will be able to buy shares in these hotels and receive dividends. Assuming an agent fee of $40,000, a single applicant going the donation route will spend approximately, 4. , who are allowed to help you with the application process. Limited by geography. English speaking and part of the Commonwealth (ex-British colony), Antigua and Barbuda thrives on tourism, which generates approximately 60% of its GDP. Known as the land of 365 beaches, the twin islands of Antigua and Barbuda boast of mesmerizing natural beauty. From its bustling tourism industry, to its gorgeous beaches and relaxed style of living, the program has many advantages including visa-free travel to over 130 countries, flexible application requirements and tax freedoms. You may only buy real estate that’s pre-approved by The Cabinet, which means that you’ll be looking at the overpriced luxury real estate segment. Antigua & Barbuda’s Citizenship by Investment Programme Launched in 2013, Antigua’s citizenship by investment programme requires a low-cost contribution option, a donation of US$100,000 (making it one of the cheapest worldwide and highly competitive with the other Caribbean CIP offerings. Don’t forget to factor in flights to Antigua if you plan to retain your Antiguan passport for more than 5 years. How do we know that? Two hotels in Antigua and Barbuda are planning to expand in 2021. Here is a complete list of. The resort consists of wooden cottages overlooking the Caribbean Sea. They will differ in terms of their requirements, but they generally are as follows: Now that you’re up to speed with the very basics of what a citizenship by investment program entails, let’s have a gander at what Antigua and Barbuda have to offer, specifically. If you don’t, you won’t be able to renew your passport when the time comes. This is the least expensive and most direct route to Citizenship by Investment. All rights reserved. By making a donation to the University of the West Indies, you can automatically qualify six applicants for citizenship. You could get an Antiguan passport, enjoy its luscious beaches and luxurious resorts, and save a lot of money in the process too. Owners of shares will receive dividends: the developer forecasts up to 8% p.a. Interested? No clear winner there. The investment: $400,000, or $200,000 each if two related parties make the investment. “I thoroughly enjoy having an Antiguan passport. It’s not an extremely restricted CBI program and all of the requirements are standard in the industry. Additional dependents at $25,000 each. Small ROI of investment properties. Not many people choose to invest in real estate on the island and go for a donation to the government fund instead. Please note that only licensed agents can lodge applications on your behalf. Whatever fee you agree upon with the authorized agent or an agency, you’ll have to add it to the total cost of obtaining an Antiguan passport. Again, this may be done individually or with someone else, in which case you can split the costs. Now that you know what the total costs involved might be, we’ll give you a rundown of what the process of applying for an Antiguan passport looks like. Currently, there are four qualifying investment options: National Development Fund. Agent fee. Antigua and Barbuda is a country that consists of two small islands, and its citizenship by investment program is one of the newer ones in the region. the entire application process, from your first considerations of the program to holding your new passport in hand. The investor will receive dividends in 4 years, and the property must be owned for 5 years. . E-mail: info@cip.gov.ag. The Antigua and Barbuda Citizenship by Investment Program is one of the top-rated options for obtaining new citizenship and a second passport. How to obtain Antigua and Barbuda citizenship by investment. The hotels do not accept singles or families with children. Her full-time job is to scour our global network to identify new banking, immigration, and lifestyle options for our clients. They’ve capitalized beautifully on their beaches, coves, and lagoons. “The investment: $100,000 donation to the Antigua National Development Fund for a family of up to 4 people. 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