Citizenship by Investment in Antigua and Barbuda: Benefits and Process

Considering citizenship by investment in Antigua and Barbuda? This guide clearly outlines the investment options, benefits, and simple steps to secure your second passport. Gain freedom of movement, tax advantages, and a home in a thriving economy, all through investing in this idyllic Caribbean nation.

Key Takeaways

• Antigua and Barbuda’s Citizenship by Investment Program offers citizenship through donation, real estate, or business investment, typically processed within 6 to 9 months, and includes benefits of economic security and quality of life.
• Citizens of Antigua and Barbuda enjoy extensive visa-free or visa-on-arrival travel to over 153 countries, along with significant tax advantages such as no personal income, capital gains, or inheritance taxes.
• Investors can include family members in their citizenship application and are required to visit the islands for at least five days within the first five years, with minimal ongoing requirements to maintain citizenship status.

Exploring Antigua and Barbuda’s Citizenship by Investment Program

Since its establishment in 2012, the Citizenship by Investment Program has successfully attracted foreign direct investment and stimulated economic growth in Antigua and Barbuda. The program operates under the Antigua and Barbuda Citizenship by Investment Regulations 2014 Act, ensuring its governance and regulations meet international standards. Overseeing the program is the Citizenship by Investment Unit (CIU), a governmental authority dedicated to facilitating a smooth and efficient citizenship process.

Its international credibility is further reinforced by Antigua and Barbuda’s active participation in global organizations including:

• the United Nations
• the British Commonwealth
• Caricom
• the Organisation of American States (OAS)

The islands’ high quality of life, low crime rates, and economic security make it an attractive opportunity for individuals and families seeking a second citizenship. Once an application is submitted to the CIU, the citizenship process is typically completed within 6 to 9 months.

Pathways to Antigua and Barbuda Citizenship

Obtaining citizenship in Antigua and Barbuda is a golden opportunity, opening up three distinct investment pathways: Donation to the National Development Fund, Real Estate Investments, and Business Investment Ventures. Each pathway offers a unique set of benefits and requirements, allowing potential investors to choose the one that best suits their needs and aspirations.

Donation to the National Development Fund

The National Development Fund (NDF) is a non-profit fund, established to finance government-sponsored projects and approved charitable investments. Its operations are subject to parliamentary oversight, ensuring transparency and accountability. A minimum non-refundable government fee in the form of a contribution of US$100,000 is required from a single applicant or a family of up to four members to gain citizenship under the NDF. For larger families of five or more, the required contribution rises to US$125,000.

Yet, contributing to the NDF is not the sole cost tied to this citizenship path. Government processing fees are also required, amounting to US$30,000 for families of up to four. For larger families, the processing fee remains at US$30,000, with an additional US$15,000 for each dependent starting from the fifth member.

Real Estate Investment Opportunities

Exploring Real Estate Investment Opportunities in Antigua and Barbuda unveils an array of lucrative options for aspiring citizens. Here’s an in-depth look at the government-approved real estate investment avenues:

• Hotels and Resorts: Investing in luxurious hotels and resorts capitalizes on the burgeoning tourism industry of Antigua and Barbuda.
• Villas: Exclusive villas nestled amidst the scenic landscapes of Antigua and Barbuda offer unparalleled comfort and elegance for discerning investors.
• Yacht Clubs: Investment in prestigious yacht clubs caters to affluent clientele seeking premier maritime experiences.
• Gated Communities: Gated communities offer security, privacy, and premium amenities, ideal for investors seeking a sophisticated and tranquil lifestyle in the Caribbean.
• Townhouses: Charming townhouses exude Caribbean charm and modern convenience, providing an ideal blend of comfort and community living.

Securing citizenship requires a real estate investment with a minimum value of USD 200,000 from an approved project. Alternatively, two applicants can pool their resources to make a joint investment, with each contributing at least USD 200,000 to qualify.

Committing to a five-year holding period for the real estate investment ensures stability and contributes to the sustainable development of Antigua and Barbuda’s property market. By exploring these real estate investment opportunities, investors can not only fulfill their citizenship aspirations but also partake in the growth and prosperity of Antigua and Barbuda’s thriving real estate sector.

Business Investment Ventures

The business investment pathway may particularly appeal to those with an entrepreneurial spirit. To qualify for citizenship through business investment, the principal applicant must invest at least US$1.5 million on their own behalf. Joint business investments are also possible, requiring a total investment of US$5 million with each investor contributing at least US$400,000.

The Antigua and Barbuda Investment Authority (ABIA), in consultation with the Citizenship by Investment Unit (CIU), approves businesses for the purpose of investment under the program. A regularly updated list of government-approved business projects is available, providing potential investors with a wealth of options to consider.

Visa-Free Access and Travel Perks

The extensive travel freedom that comes with Antigua and Barbuda citizenship, including Antigua citizenship, is undoubtedly one of its greatest perks. Holders of an Antigua and Barbuda passport enjoy visa-free or visa-on-arrival access to over 150 countries and territories, including key business and tourist destinations such as:

• United Kingdom
• Canada
• Schengen Area (26 European countries)
• Singapore
• Hong Kong
• South Korea
• Brazil
• South Africa

This allows for easy and convenient travel for both business and leisure purposes.

In 2024, the Antigua passport, also known as the Antigua and Barbuda passport, ranks 27th globally for visa-free travel.

Visa-free access extends to the UK for up to six months, all Schengen Area countries for 90 days within any 180-day period, as well as up to 90 days in Russia without a visa. Additionally, visa-on-arrival countries include attractive destinations such as Armenia, Bangladesh, Bolivia, Cambodia, Egypt, Jordan, Nepal, and Russia, coupled with access to countries like Hong Kong and Singapore.

Taxation Advantages with Antigua and Barbuda Citizenship

Citizens under Antigua and Barbuda’s Citizenship by Investment Program enjoy significant tax advantages. In a world where taxation is a considerable portion of earning, the absence of personal income tax in Antigua and Barbuda is a welcome relief, a policy in place since April 2016.

In addition to no tax personal income, citizens are also not subject to capital gains tax or inheritance taxes. This unique combination of tax benefits, including the absence of certain government fees, allows for greater financial legacy planning and asset protection, serving as a substantial means for tax optimization and aids in preserving wealth for investors.

Furthermore, tax residents can take advantage of double taxation treaties that the country has in place, preventing the payment of tax on the same income in multiple countries.

Including Family Members in Your Application

Expanding the scope of your Antigua and Barbuda citizenship application to include family members opens up a world of possibilities. Here’s how you can extend the benefits of the citizenship by investment program to your loved ones:

• Spouse: Your spouse can join you in your pursuit of Antigua and Barbuda citizenship, unlocking a host of opportunities for both of you to thrive in this Caribbean paradise.
• Dependent Children: Including dependent children under the age of 30 enables them to share in the benefits of citizenship, paving the way for their future success and prosperity.
• Dependent Parents: Elderly parents over the age of 55 can also be included in your application, ensuring that they can enjoy a tranquil retirement and access to quality healthcare in Antigua and Barbuda.
• Unmarried Siblings: The program extends its embrace to unmarried siblings, allowing them to join you in experiencing the warmth and beauty of Antiguan and Barbudan life.

By incorporating your family members into your application, you not only strengthen familial bonds but also create a shared journey towards a brighter future in Antigua and Barbuda.

Adding Dependents Post-Citizenship

Life is dynamic, and family structures can change. That’s why, after securing Antigua and Barbuda citizenship, new family members such as a new spouse, children and grandchildren under 17, and dependent parents can be added to the citizenship. There are no time constraints for when additional eligible family members can be added, providing flexibility and convenience to the primary investor.

However, adding new dependents does come with additional fees. For instance, adding a future spouse requires a fee of $50,000, while the fees for adding dependent children vary based on their age. All additional dependents require the payment of standard due diligence and passport fees, in addition to the specific dependent-related fees.

Understanding the Investment Process

Embarking on the journey to obtain Antigua and Barbuda citizenship through investment involves navigating a structured path designed to promote economic growth and enhance global mobility. Here’s an overview of the key steps involved in the process:

• Selecting an Authorized Firm: Aspiring citizens can begin their journey by partnering with an Authorized Firm specializing in citizenship by investment in Antigua and Barbuda. These firms, like Imperial Citizenship, provide invaluable guidance and support throughout the application process.
• Document Collection and Submission: With the assistance of the chosen Authorized Firm, applicants gather essential documentation required for their citizenship application. These documents undergo thorough scrutiny to ensure compliance with the stringent standards set by the Citizenship by Investment Unit.
• Due Diligence Checks: As part of the application process, comprehensive due diligence checks are conducted to verify the authenticity of provided information and assess the eligibility of applicants. This step underscores the commitment to transparency and integrity within the Antigua and Barbuda citizenship program.
• Investment Options: Applicants have the flexibility to choose from various investment options, including contributions to the National Development Fund, real estate investments in government-approved projects, or business investments. Each option offers its own set of benefits and requirements.
• Family Inclusion: One of the appealing features of the Antigua and Barbuda citizenship program is the inclusion of family members in the application process. Spouses, dependent children, financially dependent parents, and even unmarried siblings can be included in the citizenship application.
• Visa-Free Travel: Upon successful acquisition of citizenship, individuals gain the invaluable privilege of visa-free travel to numerous destinations worldwide. This unrestricted access enhances mobility and opens doors to new opportunities for business and leisure travel.

Due Diligence and Government Processing

The due diligence process is a vital part of obtaining citizenship in Antigua and Barbuda. This process involves thorough background checks of the main applicant and any dependents included in the application. This comprehensive scrutiny ensures that only individuals of good character are granted citizenship, employing a multi-layered approach with inputs from:

• Due diligence firms
• Law enforcement
• Intelligence agencies
• Compliance with host country’s Know Your Client checks.

Imperial Citizenship: The Role of Professional Firm

At Imperial Citizenship, we specialize in guiding investors through the intricate process of obtaining a Second Citizenship or Residency via strategic investments. Our professional firm plays a crucial role in facilitating seamless applications for Antigua and Barbuda’s esteemed citizenship by investment program.

Here’s how our dedicated team of specialists adds value to your journey:

• Managing Application Packs: We handle the intricate details of your application packs, meticulously organizing and preparing all necessary documentation required for submission.
• Assisting with Document Collection: Our experienced professionals assist you every step of the way, ensuring all relevant documents are gathered efficiently and accurately.
• Ensuring Correct Documentation: Accuracy is paramount. We meticulously review all documentation to ensure it meets the stringent standards set by the authorities, minimizing the risk of delays or complications.
• Providing Application Updates: Transparency is key. We keep you informed throughout the entire process, providing regular updates on the status of your application and addressing any inquiries promptly.

This support helps to streamline the application process and increase the probability of a successful application.

Maintaining Citizenship and Renewal Requirements

Upon obtaining your Antigua and Barbuda citizenship, the requirements to maintain it are minimal. One crucial requirement is a visit to the islands for at least five days within the first five years of obtaining citizenship. It’s an excellent opportunity to experience first-hand the stunning landscapes and warm culture that makes these islands a paradise.

The initial passport received through the Citizenship by Investment Program is valid for 5 years. After its first renewal, the passport can be extended for 10 more years without the need for reinvestment.

Citizenship as an Investment for the Future

Investing in Antigua and Barbuda’s Citizenship by Investment Program transcends mere passport purchase; it significantly contributes to the country’s economic growth and sustainable development. The expansion of investment options, such as funding for education, healthcare, and infrastructure, ensures that the benefits of investment migration extend to community development and the well-being of society.

Your investment in Antigua and Barbuda citizenship:

• Promotes development in the tourism sector, a major part of the country’s GDP
• Stimulates entrepreneurial activity, job creation, and economic diversification
• Contributes to the country’s sustainable development initiatives, such as investments in renewable energy projects, infrastructure, and education
• Benefits future generations and ensures long-term community benefits

Dual Citizenship and Global Mobility

Securing dual citizenship in Antigua and Barbuda brings forth numerous advantages. The country recognizes dual citizenship, allowing investors to maintain their original nationality while enjoying the perks of being Antiguan and Barbudan. Dual citizenship provides the opportunity for Antigua and Barbuda citizens to enjoy visa-free or visa-on-arrival access to over 190 countries, including visa facilitation with the USA, such as the 10-year B-1/B-2 visitor visa, and the E-2 nonimmigrant visa, renewing every five-years.

Beyond global mobility, dual citizenship offers significant advantages such as:

• Having a safety net during times of instability in the home country
• Facilitating asset protection
• Reduced tax liabilities
• Increased financial privacy
• Leveraging international tax treaties and structures for a robust tax strategy

The program also extends to dependents, enabling investors to secure a future for their family through dual citizenship.

Summary

Antigua and Barbuda’s Citizenship by Investment Program offers a unique opportunity to acquire a powerful passport, tax advantages, and global mobility while making a meaningful contribution to the country’s economic growth and sustainable development. Whether through a contribution to the National Development Fund, a real estate investment, or a business venture, investors can secure a brighter future for themselves and their families. So why wait? Embark on the journey to becoming an Antiguan and Barbudan citizen today, and open doors to a world of opportunities.

Frequently Asked Questions

What are the benefits of citizenship by investment in Antigua?

Citizenship by investment in Antigua offers visa-free travel to over 150 countries, along with judicial and governmental stability. Additionally, a $100,000 donation to the National Development Fund provides citizenship for a family of up to four.

How much is the investment for citizenship in Antigua?

The investment for citizenship in Antigua is a minimum of $400,000 in approved real estate properties, which must be held for at least five years to gain citizenship benefits.

Can you buy citizenship in Antigua?

Yes, you can buy citizenship in Antigua by making a one-time contribution of $150,000 to the UWI fund.

What are the investment options for obtaining Antigua and Barbuda citizenship?

You can obtain Antigua and Barbuda citizenship through a non-refundable contribution to the National Development Fund, real estate investment in government-approved projects, or business investment ventures. Consider which option aligns with your investment goals.