Citizenship by Investment Antigua & Barbuda

Officially launched in 2013, the Antigua and Barbuda Citizenship by Investment program allows individuals to acquire a second citizenship and passport. This Citizenship by investment program allows complete citizenship rights and access to visa-free travel to more than 130 countries.

The program was launched to fund public sector projects and innovative entrepreneurs. In return for their investment, investors can attain a second passport and permanent legal citizenship within a period of 4 to 6 months.

It is the fastest-growing Citizenship program in the Caribbean. The citizenship in Antigua and Barbuda program requires an applicant to make a one-time donation or an investment in approved real estate. The minimum real estate investment is $300,000, and the donation amount for a single family of four members is $230,000.

The Citizenship by Investment in Antigua & Barbuda restricts nationals from Afghanistan, Iran, Yemen, Sudan, Somalia, and North Korea from applying to the program. Individuals born in these restricted countries can apply to the program if they reside in any country other than the ones on the Restricted Countries list.

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Antigua and Barbuda Citizenship by Investment – Features

Here are the main features of the Antigua and Barbuda Citizenship by Investment program:

Investment

Applicant has to invest a one-time donation of $100,000 or an investment in real estate of at least $200,000 – $400,000.

Processing Time

Application processing time is usually 4 to 6 months.

Second Citizenship

The program provides an opportunity to attain an Antigua and Barbuda passport.

Dependents

The applicant can apply for their spouse, children, and parents, and particular requirements.

Mobility

Approved applicants can travel visa fee to more than 130 countries and regions.

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Antigua and Barbuda Citizenship Program – Investment Options

Antigua and Barbuda has a hospitable attitude towards global citizens. Four of the investment and contribution options to apply for Barbuda citizenship are:

Real estate investment

Business investment

The National Development Fund

The University of the West Indies Fund

The Real Estate Investment

This option suits investors who want to have a tangible asset and benefit from global mobility. The requirement is to invest a minimum amount of $400,000 in a government-approved real estate project within Antigua and Barbuda. The investor has to maintain and hold the real estate for at least five years. This option is most suitable for investors and they can benefit from Antigua and Barbuda citizenship.

You would have to submit all the necessary documents and proof of real estate purchase. It will take 3 to six months for the government to approve the process. Furthermore, you could acquire an additional citizenship within half a year.

The Business Investment

This option is preferable for entrepreneurs or those who want to run a business in the future to acquire citizenship in Antigua and Barbuda. Applicants are required to invest at least $1.5 million in a business. You could invest individually or make a joint investment of a total investment of a minimum of $5 million.

If you wish to expand your business, then business investment is the most suitable option. You would also attain citizenship and benefit from citizen rights and privileges. You would have to provide proof of your investment with all the necessary documents. This whole process will take 3-6 months.

The National Development Fund (NDF)

A non-refundable contribution (donation) to the NDF is another option for those who want to apply for citizenship in Antigua and Barbuda. The National Development Fund is one of the development initiatives in Antigua and Barbuda. It aims to fund the private and public sector growth via innovation, technology, and entrepreneurship.

For a single applicant, the primary requirement is to make a minimum investment of $100,000. For families, the amount increases. This process can be finalized within 3-6 months. The application process starts with a comprehensive background check. Ensuring compliance with international standards is mandatory. You need to submit all the necessary documents along with the proof of investment.

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The University of the West Indies Fund (UWI)

If you wish to contribute to educational development, donating to the University of the West Indies Fund (UWI) is the right investment scheme. In May 2020, the government announced a reduction in the contribution to the UWI for large families. These options work for families of 6 or more. It entitles one of the applicants to a one-year scholarship, which includes the tuition fees at the West Indies University. Your application will cover a family of up to four. You need to submit the necessary documentation, and proof of donation, and wait for about 3-6 months. Your donation shall directly support the University of the West Indies Fund.

Antigua and Barbuda – An Overview

Known for its lush tropical climate, sparkling turquoise beaches, and welcoming environment, the eastern Caribbean island of Antigua and Barbuda consists of two major islands. With a total of 365 beaches, the country is a popular tourist destination. Boasting picturesque views, Antigua and Barbuda are among the most prosperous nations in the world.

The country is considered one of the most beautiful places in the world. The tourism industry is thriving and one of the main drivers of GDP and a successful economy. Tourism amounts to about 60% of the island’s income. Antigua is 14 miles long and 11 miles wide. The flatland topography was appropriate for growing its early crops of cotton, ginger, and tobacco. However, the main industry developed into sugar cane farming, which lasted for more than 200 years.

Today, the key industry in Antigua and Barbuda is tourism and related services. The government and finance services sector are the second largest avenue of job creation. The country came across a few economic challenges in the recent past. Nonetheless, the government implemented the National Economic and Social Transformation Plan.

The introduction of the Antigua and Barbuda Citizenship by Investment program has brought significant stability during economic troubles and assisted the government in boosting the nation’s economy.

Eligibility Criteria for Antigua and Barbuda Citizenship by Investment Program

How to get citizenship in Antigua and Barbuda involves fulfilling the following criteria to qualify for the program:

Applicant should be at least 18 years old to apply for the Citizenship by Investment Antigua and Barbuda program.

The applicants should have a clear criminal record.

The applicants are required to provide the source of funds for the investment.

The dependent children should be under the age of 30.

Dependent parents/grandparents over the age of 55.

Unmarried dependent siblings

Thorough due diligence checks to gain approval.

Steps for applying for Citizenship by Investment

The Antigua and Barbuda law does not allow investors to apply for Citizenship by Investment themselves. A licensed program agent is required to apply on behalf of the investor. That is where MAVEN MIGRATION SERVICES comes into the picture. We shall assist you at every stage of the process of Antigua and Barbuda Citizenship by Investment process. We are reliable and professional citizenship in Antigua and Barbuda consultants.

MAVEN MIGRATION SERVICES provides its professional foreign immigration and investment expertise throughout UAE, in Dubai, Abu Dhabi, and Sharjah.

Here is the step-by-step guide for knowing the application process

Investment Program

The process begins with selecting the most suitable investment route. You can opt either from real estate, business investment, a donation to the national development fund, or the University of the West Indies Fund. Each of the investment options has its particular requirements and benefits.

Collect Necessary Documentation

Prepare and compile the necessary documents. This includes a birth certificate, a valid passport, a clear criminal record, and proof of investment. See that all your documents are updated and provide accurate information.

Application Submission

After your investment and your documents are ready, it is time to submit your application. All paperwork should be in order.

Due Diligence

Your application will undergo a due diligence check after submission. This is a significant step in the process. All the documents will be thoroughly verified as well as your investment and background. This will take about 3 – 6 months.

Application Approval and Citizenship

You shall receive a notification after application approval. You will have to complete any necessary transactions after this. Then, you will get your certificate of registration as a citizen.

Antigua and Barbuda Passport and Residency

The last step involves applying for your Antigua and Barbuda passport. You have to spend at least five days in the country within the first five years of acquiring your citizenship.

Antigua and Barbuda Citizenship - 2023 Updates

Last year, some changes were made to the Antigua and Barbuda Citizenship program:

The spouses and dependent children of the applicant can qualify for the program without additional fees.

The NDF now accepts a reduced donation amount of $100,000 down from $200,000 for a family of four.

The minimum investment amount in real estate for a single applicant or four family members has been lowered to $200,000 from $400,000.

For passport renewals, the passport holders who applied for the citizenship by investment program need to provide proof of a 5-day visit to Antigua and Barbuda.

Benefits of Antigua and Barbuda Citizenship by Investment

Candidates can enjoy numerous benefits after acquiring Antigua and Barbuda citizenship. They not only get a second passport but boost their global mobility as well. Some of the key benefits are:

01

Visa-free or visa-on-arrival access to more than 150 countries.

02

A stable environment and prosperous economy for business.

03

Excellent education and healthcare system

04

High standard of living

05

Tax free global income

06

Live and work in the country or travel as a citizen

07

Second citizenship for your family

08

The Citizenship by investment program presents numerous investment opportunities in business, real estate, or in the form of contributions to national funds.