Why are so many people looking into how to get citizenship in Antigua and Barbuda? It’s simple. Antigua and Barbuda citizenship is straightforward to attain by investment, takes little time to process, and has a low entry barrier. This beautiful Caribbean country can serve as a tax haven, a second home, and a great investment opportunity. In this article, we will be discussing:
- What is Citizenship by Investment
- Benefits of Citizenship by Investment
- How to obtain Antigua and Barbuda citizenship
What is a citizenship by investment program and how does it work in Antigua and Barbuda?
The Citizenship by Investment program in Antigua and Barbuda was started in 2012 to give foreign investors a chance to obtain a world-class passport in exchange for an investment into the country. By meeting investment requirements or making one large donation, you can be on your way to obtaining an Antigua and Barbuda passport. This passport will make you a citizen of the twin-island nation, giving you full citizenship rights benefiting from a permanent residency, global visa free travel, and much more.
Benefits of getting citizenship in Antigua and Barbuda as an investor
Visa-Free Travel
How can this remote island in the Atlantic connect you with the rest of the world? This tiny island nation carries one of the most respected passports in the world. You and your family can travel to nearly all corners of the globe visa-free. For starters, the Schengen region can be visited for 90 out of every 180 days. Because Antigua and Barbuda are part of the Commonwealth Membership, citizens can visit the United Kingdom for 180 days continuously. You even get the opportunity to apply for a 10-year visa to the United States of America! With access to over 150 countries, you will never run out of new places to visit or work.
Financial Freedom
Antigua and Barbuda is more than a tourist destination. It is one of the best tax havens in the world where all of your finances will be untouched and away from prying eyes. With an Antigua and Barbuda citizenship, you will not have to worry about any tax on capital gains, inheritance, and your income. All of your finances will be kept private and not shared with other countries or regulatory institutions.
If you are looking for a tax haven in the Caribbean and want to learn more about how to get citizenship in Antigua and Barbuda contact a specialist today.
Investment opportunities: How can you become an investor in Antigua and Barbuda?
There are a few paths to citizenship by investment. How to get citizenship in Antigua or Barbuda is up to you. You can either purchase qualifying real estate or make a direct contribution to the country through their national development fund. There is also the less popular option of heavily investing in a business in the country. All of these options offer the same citizenship and benefits while remaining accessible for many.
Antigua National Development Fund
There is nothing simpler than making a direct contribution. How the Antigua National Development Fund offers Antiguan and Barbuda citizenship is simple. Investors play a proactive role in advancing the country's growth while securing their citizenship journey. A minimum non-refundable donation of $100,000 to the National Development Fund is made with an extra $25,000 needed for passing on citizenship to your children. It stands as one of the simplest and most straightforward paths to acquiring Antigua and Barbuda citizenship through investment. There are other fees and due diligence that must be accounted for during the process which a specialist can break down for you.
Real Estate Investment
If you are wondering how to obtain citizenship in Antigua and Barbuda, the government streamlines the citizenship by investment process for real estate, with pre-approved properties for investors. With a diverse range of real estate projects available, there's an investment opportunity to suit every individual's needs for citizenship, residency, and financial growth. Those interested in acquiring real estate must retain their purchased property for a minimum of five years to maintain their passport status. This setup allows investors to make the most of their real estate investment while retaining their Antigua and Barbuda citizenship. To qualify for Antigua and Barbuda citizenship, the property must be valued at over $200,000 and receive government approval. It's crucial to hold onto the property for five years to ensure the validity of citizenship.
Get a complete breakdown of the costs and fees associated with an experienced consulting agency that will streamline the process.
Business Investment
Those interested in starting or investing in a business in Antigua and Barbuda can expect full cooperation from the government. To qualify for Antigua and Barbuda citizenship, a single investor must invest a minimum of $1.5 million towards a company, while a group of investors must collectively invest at least $5 million, with each member contributing $400,000 of their own funds. With a thriving economy and a consistent increase in visitor numbers, this tropical destination presents a promising opportunity for your next business venture.
Eligibility Criteria
The main applicant must be over 18 years old and have no criminal record. If you are interested in including your family, your spouse can receive citizenship with your investment, and children who are dependent on you will also qualify. With a large family, there will be a need for greater investment which you can learn more about here.
How to get Antigua and Barbuda citizenship by investment program?
Getting your Antigua and Barbuda citizenship is quite simple. It can be done completely remotely, so you never even have to visit the island during the entire process. All you have to do is figure out what you are willing to invest for citizenship and leave the rest to a consulting agency.
- Contact Your Trusted Partner Firm: At Mirabello Consultancy we specialize in guiding investors like you through the Antigua & Barbuda citizenship by investment program. We offer personalized assistance, starting with a complimentary preliminary background check to ensure your eligibility. By partnering with experienced experts, you can navigate the citizenship application process with complete confidence.
- Prepare Your Documents: With comprehensive guidance, you can begin gathering all the necessary documents for your citizenship application. These documents typically include personal identification, financial statements, proof of funds, and any additional supporting paperwork required by the Antigua & Barbuda Citizenship by Investment Unit (CIU).
- Citizenship Application Submission: Once all your documents are in order, we will assist you in compiling and submitting your application to the CIU. We'll ensure that your application adheres to the government's guidelines and requirements, maximizing your chances of approval. By entrusting this step to experienced professionals, you can navigate any complexities with confidence, knowing that your application is in capable hands.
- Make Your Investment: After the CIU processes your application for a minimum of three months, they will issue a "Letter of Approval in Principle" for successful applications. At this stage, you'll need to fulfill the investment requirement within 30 days to finalize your citizenship application. We will guide you through this critical step, whether you choose to make a contribution to the national development fund or invest in approved real estate. Our expertise ensures that you meet all deadlines and requirements, paving the way for the attainment of your Antigua & Barbuda citizenship.
- Receive Your Citizenship: Within a month of investing, your passport and certification of naturalization will be delivered to you.
How Much Does It Cost to Obtain Antigua Citizenship by Investment?
Several critical criteria must be considered when calculating the cost of gaining Antigua and Barbuda citizenship. Antigua and Barbuda have four distinct paths to citizenship, each with its own approach and investment requirements. The pricing structures connected with each approach are summarized here in brief.
One Time Contribution
This Antigua Citizenship by Investment program, suitable for both individuals and families of up to five members, offers the highest cost efficiency. This non-refundable donation, starting at a minimum of $100,000, directly fuels the progress of Antigua and Barbuda, allowing investors to contribute actively while securing their citizenship journey.
Real Estate Investment
To qualify, investors must purchase real estate from an authorized real estate project for a minimum of USD 200,000. Joint applications are also permitted, with a minimum investment requirement of USD 200,000 for each applicant. It's vital to remember that the estate cannot be sold during the first five years.
University Investment
This contribution is intended for families with six or more members. It provides financial benefits as well as an essential educational incentive. Any family member under the age of 29 is eligible for a year of tuition-free education at the prestigious University of the West Indies.
Investing in a Business
There are two ways to invest. The applicant can become a sole investor by investing at least $1.5 million in Antigua and Barbuda. If each investor invests at least $400,000, a collective investment of at least $5 million is permitted.
Conclusion
You can decide how you want to get citizenship in Antigua and Barbuda through different streamlined options. Whether you go for a direct investment into a fund or want to make an investment, you can secure an Antigua and Barbuda passport in as little as six months. Once you decide how you want to acquire an Antigua and Barbuda passport, your path to citizenship can be completely streamlined with the help of a consulting agency. You will soon be on your way to financial freedom with no taxes, a passport that can get you almost anywhere, and residency in a tropical paradise.
Frequently Asked Questions
How long does it take to get Antigua citizenship?
Antiguan and Barbuda citizenship can be acquired in as little as six months! You can get in contact with a consulting agency to streamline the process and make sure you are prequalified. After finding and making an investment, your passport can be delivered to you in as little as a month.
Is Antigua cheap to live in?
Antigua and Barbuda has a relatively low cost of living compared to more developed countries. Wages are quite low and the East Caribbean Dollar, the island’s currency, remains at a stable EC$2.70 per USD. While there is a booming tourism industry, residents can enjoy affordable housing and a low cost of living.
Is Antigua a tax haven?
Yes, Antigua and Barbuda is one of the most favorable tax havens in the world! There is no income, inheritance, or capital gains tax. The government also ensures that no other country or financial regulatory institution can access information about your funds.