This is a guide to Antigua and Barbuda citizenship by investment.
Antigua and Barbuda, a stunning twin-island nation in the Caribbean, offers one of the most attractive Citizenship by Investment Programs (CIP) globally.
This guide provides a comprehensive overview of the program, detailing its benefits, requirements, and application process.
Whether you’re seeking greater global mobility, tax advantages, or simply a peaceful lifestyle in a tropical paradise, this guide will help you understand how the Antigua and Barbuda Citizenship by Investment Program can be the key to achieving your goals.
Follow along to know how to become a global citizen in 2024 with citizenship by investment.
All About Citizenship by Investment
What is Citizenship by Investment?
Citizenship by Investment (CBI) is a process by which individuals can acquire a second citizenship and passport by making a significant investment in the economy of a host country.
These programs are typically offered by countries looking to attract foreign capital and investment in exchange for the benefits of citizenship, such as visa-free travel, tax incentives, and the right to reside in the host country.
How Citizenship by Investment Programs Work
CBI programs generally require applicants to invest a specific amount in the host country through avenues like real estate, government bonds, or donations to a national fund.
Once the investment is made, applicants undergo a rigorous vetting process, including background checks, to ensure they meet the program's criteria.
Upon successful completion, the applicant and their family members may be granted citizenship, which includes a passport and all the rights and privileges of a citizen.
Overview of the Antigua and Barbuda Program
The Antigua and Barbuda Citizenship by Investment Program, established in 2013, is one of the most popular in the Caribbean and even considered one of the world’s best citizenship through investment passport programs.
It offers investors a straightforward path to citizenship in exchange for an economic contribution to the country.
The program is particularly known for its fast processing time, flexible investment options, and a wide range of benefits, including visa-free travel to over 150 countries.
3 Key Features of the Antigua and Barbuda Citizenship by Investment Program
1. Investment Options and Requirements
The Antigua and Barbuda CIP offers several investment routes to accommodate different investor preferences.
Available contribution types include Donation, Property Investment, Business Investment, with specific contributions to the National Development Fund (NDF), University of the West Indies (UWI) Fund, real estate, and business investments
Each option has specific criteria that must be met to qualify for citizenship.
Economic Contribution
One of the most straightforward options is making a non-refundable contribution to the National Development Fund (NDF).
This fund is used for various public projects and development initiatives within Antigua and Barbuda. The minimum contribution required is $230,000 for a family of 1 to 4 members or $245,000 for a family of 5 or more.
Real Estate Investment
Another popular option is investing in government-approved real estate projects.
Applicants must invest a minimum of $300,000 in real estate, which must be held for at least five years. This option allows investors to acquire a valuable asset while also obtaining citizenship.
Business Investment
For those interested in entrepreneurship, the CIP will shortly allow for investment in an existing business or starting a new venture.
The minimum investment required is $1.5 million for sole applicants, or $400,000 per investor in a joint venture totaling $5 million.
2. Processing Time and Application Timeline
The Antigua and Barbuda CIP is known for its efficient processing.
From submission to approval, the process typically takes between three to six months from submission to approval.
The timeline includes the preparation of documents, background checks, and the official review of the application by the government.
Once approved, applicants are granted citizenship and issued their passports. You should know that Antigua’s passport may be an investor ticket to paradise according to Forbes.
3-6
Months
The application process typically takes between three to six months, from submission to approval.
3. Major Benefits
Visa-Free Travel
One of the most significant advantages of Antigua and Barbuda citizenship is the access to visa-free or visa-on-arrival travel to over 150 countries, including key destinations in Europe, Asia, and the Americas.
Tax Benefits
Antigua and Barbuda offers a favorable tax regime with no capital gains tax, inheritance tax, or wealth tax. Additionally, there is no personal income tax on worldwide income, making it an attractive option for those looking to optimize their tax liabilities. In fact, it is one of the top 10 best countries with no income tax in 2024.
Economic and Lifestyle Advantages
Citizens of Antigua and Barbuda enjoy a high quality of life in a peaceful, secure, and politically stable environment. The country is known for its beautiful beaches, luxury resorts, and a warm, tropical climate. Additionally, the local economy benefits from a strong tourism sector, creating opportunities for investment and business growth.
Detailed Requirements for Applicants
Financial Criteria
Applicants must meet specific financial requirements, which vary depending on the chosen investment option.
These include the minimum investment amounts mentioned earlier, as well as any additional fees for due diligence, processing, and government charges.
Personal Criteria
In addition to financial criteria, applicants must also meet personal requirements.
These include:
Being over 18 years of age
Having no criminal record
Providing proof of the source of funds used for the investment
Applicants must also be in good health, as they may be required to undergo a medical examination.
Due Diligence and Background Checks
A critical component of the application process is the due diligence and background checks conducted by the government.
These checks ensure that all applicants are of good character and have no involvement in illegal activities. The due diligence process involves a thorough review of the applicant’s personal, financial, and professional background.
Family and Dependents
The Antigua and Barbuda CIP allows applicants to include their spouse, children under 28, and parents or grandparents over 58 as dependents.
This flexibility makes the program an attractive option for those looking to secure a better future for their entire family.
5 Step Application Process
Initial Consultation and Documentation
The first step in the application process is to engage with an authorized agent who will guide you through the requirements and help prepare your application.
During this phase, you will need to gather and submit various documents, including proof of identity, financial statements, and other personal information. All these will be provided by your agent.
Submission of Application
Once all documentation is prepared, the application is submitted to the Citizenship by Investment Unit (CIU) of Antigua and Barbuda.
At this stage, the required investment amount is also placed in escrow, pending the approval of the application.
Cost Breakdown
Initial submission fees: $10,000 for a single applicant, $20,000 for a family of up to four, plus $10,000 for each additional member in a family of more than four.
Post-approval addition fees: $10,000 for dependent children up to 5 years, $25,000 for children aged 6-17 years, and $50,000 for dependents aged 18 years and older.
Due diligence fees: $8,500 for a single applicant, $5,000 for a spouse, $2,000 for dependent children aged 12-17 years, and $4,000 for dependents aged 18 years and older.
Review and Processing
The CIU conducts a thorough review of the application, including due diligence checks.
This process typically takes three to six months. During this period, the applicant may be asked to provide additional information or clarification if needed.
Approval and Citizenship Grant
Upon successful completion of the review process, the CIU will issue a certificate of registration, confirming the applicant’s citizenship.
The applicant is then required to take an oath of allegiance, after which they will be granted a passport and full citizenship rights.
Why Choose CitizenX as Your Trusted Agent?
When it comes to securing your Antigua and Barbuda citizenship, choosing the right agent is crucial.
CitizenX stands out as the most trusted platform, offering a safe, streamlined, and fully online process to help you achieve your investment and citizenship goals.
1. Secure and Simplified Process
CitizenX has designed a platform that makes investing in Antigua and Barbuda citizenship straightforward and secure.
The entire application process can be completed 100% online, allowing you to manage your investment and track your application status from anywhere in the world.
With an average processing time of just 14 weeks, you can quickly start enjoying the benefits of your new citizenship.
2. Expertise and Reliability
With years of experience in the industry, CitizenX has established itself as a leader and one of the best citizenship by investment programs out there.
Our team of experts is dedicated to guiding you through every step of the process, making sure that your application is completed accurately and efficiently.
We pride ourselves on providing personalized support to meet your unique needs.
3. Comprehensive Services
CitizenX offers a range of investment options tailored to your preferences, whether you’re interested in contributing to the National Development Fund, investing in real estate, or starting a business.
We provide detailed cost breakdowns and transparent pricing, so you can make informed decisions about your investment.
4. Access to a Global Network
By choosing CitizenX, you gain access to one of the world’s most valuable passports. Antigua and Barbuda citizenship offers visa-free or visa-on-arrival access to 153 destinations, including the CARICOM, Europe’s Schengen Area, and other key global regions.
This opens up a world of opportunities for travel, business, and lifestyle enhancements.
5. Family-Friendly Options
CitizenX understands the importance of family, which is why we make it easy to include your spouse, children, and even parents or grandparents in your application.
With lifetime citizenship that can be passed down to future generations, you’re securing not just your future but that of your entire family.
6. Crypto-Friendly Jurisdiction
Antigua and Barbuda, facilitated by CitizenX, has the most crypto-friendly passport in the Caribbean.
The country’s 0% tax on worldwide income, capital gains, inheritance, and net worth makes it an ideal destination for safeguarding and growing your wealth, especially for those involved in the cryptocurrency space.
7. Unmatched Customer Support
From the initial consultation to the final grant of citizenship, CitizenX is with you every step of the way.
Our customer support team is always available to answer any questions, provide updates, and ensure that your experience is as smooth and stress-free as possible.
8. Trusted by Many
Join thousands of satisfied clients who have successfully secured their Antigua and Barbuda citizenship through CitizenX. Our reputation as a trusted and reliable agent is built on years of delivering exceptional results and maintaining the highest standards of professionalism.
Investing in your future is just a few clicks away. Start your application with CitizenX and take the first step towards obtaining your Antigua and Barbuda citizenship.
With a minimum contribution starting at $230,000, you can soon enjoy the privileges of one of the world’s most powerful passports.
Frequently Asked Questions
antigua and barbuda cbi guide
