ANTIGUA AND BARBUDA
Antigua and Barbuda, an English-speaking twin-Island country located between the Caribbean Sea and the Atlantic Ocean, is one of the most naturally beautiful countries that attracts tourists and celebrities with an economically and politically stable government, extensive medical care system, white-sandy beaches, moderate tropical climate, and crystal-clear turquoise water. The Citizenship by Investment (CBI) Program was commenced in 2012 by the Government of Antigua and Barbuda and became one of the most cost-effective CBI programs for large families. Applicants and their dependent family members are granted irrevocable citizenship and a powerful passport who will enjoy benefits of visa-free travel and holding a dual citizenship in exchange of making a significant economic contribution to Antigua and Barbuda.
Capital : Saint John’s
Language : English
Population : 99,600
Currency : East Caribbean dollars (XCD)
PROCESSING TIME
• Currently 3-4 months
VISA FREE COUNTRIES
• Visa free access to 151+ countries including the UK, Schengen area, Singapore and Hong Kong
INVESTMENT TYPE
• Contribution to National Development Fund (NDF)
• Purchase a government approved real estate
• Contribution to the University of the West Indies (UWI)
INVESTMENT AMOUNT
• Minimum donation of USD 230,000 to the NDF
• Minimum donation of USD 260,000 to the UWI
• Minimum real estate purchase of USD 300,000
DEPENDENTS FAMILY
• Spouse, children under 31, unmarried dependent sibling, parents and grandparents of main applicant and spouse aged 55 or more
KEY BENEFITS
• Right to live, work and study in Antigua and Barbuda
• Excellent option as the second home for the North American and European
KEY FACTS
Relatively fast application process and secure investment after approval.
No need of physical presence within the citizenship granting procedure.
Minimum of 5 days of physical presence is required within the first 5 years.
No need for an interview, language, education, managerial or business experience.
Dual citizenship is allowed without informing the current country of origin.
Option to register a future spouse and newborn for citizenship at any time.
Offers various options for investment.
Inclusive contribution option to the University of the West Indies (UWI) for large families.
GLOBAL MOBILITY
Visa-free access to 151+ countries including the UK, the Schengen area, Singapore, Russia, South Africa, and Hong Kong.
As a member of the Commonwealth, the citizens of Antigua and Barbuda are entitled to some privileges in the UK and other members’ states.
The right to live, work and study in Antigua and Barbuda or in any other OECS countries at any time for any period.
Every-day direct flies from major cities of Europe and North America.
Reputable passport that eases the process of getting visas when necessary.
ASSET PROTECTION
Return on investment after five years in the real estate purchase option with rental opportunity income of 2-5%.
No individual taxes on all foreign income, capital gains, inheritance, dividends, wealth, or gifts.
A tax-efficient jurisdiction.
100% Duty-free on import or export and trading in the Caribbean.
Zero tax for non-residents holding Antigua and Barbuda citizenship.
INVESTMENT TYPE AND AMOUNT
TIMELINE
The first step is to get the pre-approval on applicant’s due diligence administered by MICS professional legal team and Antigua government after having MICS initial professional fee payment before paying the legal fees.
The MICS processing team will provide the applicant with a precise list of civil and financial documents required by the government. Once all documents are collected and the file is prepared, the government processing fees, due diligence fees and reservation fees (in the real estate option) plus MICS second professional fee will be due.
Upon complete application, the online submission will be done and the hard copy of the files must be couriered to MICS for submission to the CIU.
The completed application will be evaluated for conformity with the Antigua CBI program and the result will be reported within 90 days.
If the result is positive, the applicant will be invited to make the investment either by making the donation to the National Development Fund (NDF), UWI funds or by paying the remaining balance of purchasing the real estate project or the approved business.
The payment must be made within 30 days after approval.
The Certificates of Naturalization will be issued for all family members in the file and the passport applications will be finalized.
Once the passports are issued within 10-15 days, they can be collected in the MICS head office, or they can be delivered to the applicants. This is when the last payment of MICS professional fee balance will be due.
