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Antigua and Barbuda

About Antigua and Barbuda

CapitalSt John's
Total Area440 km²
Population100,963
LanguagesEnglish and Local Dialects
CurrencyEast Caribbean Dollars (XCD)

Known as the ‘Land of 365 Beaches’ the two-island state of Antigua and Barbuda lies in the the Eastern Caribbean’s Leeward Islands. It is English-speaking, and a favoured tourist destination affectionately referred to as the ‘Land of 365 Beaches’. 

The Antigua and Barbuda Citizenship-by-Investment Program, which the Government of Antigua and Barbuda announced in November 2012, was passed by both Houses of Parliament in March 2013. 

The laws regarding the Antigua and Barbuda Citizenship-by- Investment Program are contained in the country’s Citizenship by Investment Act 2013, and Citizenship by Investment Regulations 2013

Eligibility Criteria 

The Main Applicant must be: 

  • over the age of 18 
  • in good standing and invest in one of the required options 
  • have excellent health 
  • have a high personal net worth

Dependents 

The dependents which can be included in the application are: 

  • Spouse of the Main Applicant 
  • Children of the Main Applicant under the age of 18 
  • Children of the Main Applicant up to the age of 28 who are financially dependent on the Main Applicant 
  • Dependent Parents or Grandparents over the age of 58

Process and Timeframe 

The application process shall be constituted of the following five (5) main steps, to be taken one after each other: 

  1. The initial due diligence shall be completed, and the Client Agreement shall be signed. 
  2. The documentation required for submission shall be prepared and the required investment option shall be selected. 
  3. It shall be confirmed that all documentation and required information is in place, and upon confirmation, application shall be submitted to Antigua & Barbuda’s Citizenship by Investment Unit (CIU). Ten percent (10%) of the Government processing fee shall also payable at this stage 
  4. The CIU shall perform required due diligence on the application and return with a decision. If approval is granted, the remaining Government fee and the required investment shall be settled. 
  5. Receive Citizenship documentation and Passport. 

Obligatory Investment – Three (3) Options 

To qualify for citizenship the main applicant must meet the application requirements, and select one of the following three options available: 

  • The purchase of real estate with a minimum value of USD 400,000 from an approved real estate project. Until 31st October 2020, there is a Limited Time Offer (LTO) where two (2) applications from related parties can make a joint investment, with each applicant investing a minimum of US $200,000 in order to qualify (the said offer may be extended). The real estate cannot be disposed of within the five-year period. 
  • The direct purchase of an eligible business for a minimum amount of USD 1.5 million as an individual. Alternatively, two or more applicants may make a joint business investment with an individual threshold of at least USD 400,000 and a total investment of at least USD 5 million. 
  • A contribution to the National Development Fund (NDF) of a minimum non-refundable amount of USD 100,000 

Benefits 

  • The beneficiaries of this citizenship by investment program shall be granted visa-free access to approximately 150 destinations including the UK, Europe’s Schengen Area, Singapore, and Hong Kong 
  • Full citizenship with passport is granted to the applicant and family 
  • Required donation is from one hundred thousand United States dollars (USD 100,000) 
    Antigua and Barbuda is a member of the Commonwealth – this entitles citizens to certain privileges in the UK and other member states 
    No personal income, capital gains, inheritance tax, or tax on foreign income

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