ANTIGUA AND BARBUDA

((Citizenship by Investment Program))

VISA FREE DESTINATIONS:

153 PASSPORT INDEX RANK:

27th

OVERVIEW:

The Eastern Caribbean Islands of Antigua and Barbuda is known for its lush tropical climate and inviting lifestyle. As a result, tourism is the key driver of the nation’s GDP and generates around 60% of the island’s income, with key target markets being Canada, the USA, and Europe. The Antigua and Barbuda Citizenship by Investment Program offers an excellent solution for high-net-worth families seeking access to the European and Caribbean markets, as well as visa-free access to key Asian financial centers.

PROCEDURE:

The government authority responsible for administering the program, the Antigua and Barbuda Citizenship by Investment Unit (CIU), is responsible for the processing of all applications. The CIU examines the application thoroughly and, if deemed necessary, may request that the applicant provide additional information. A minimum stay of five days in the country is required in the first five years after obtaining citizenship.

MINIMUM CAPITAL REQUIREMENT:

Minimum donation of USD 100,000 – Minimum contribution of USD 100,000 – Starting June 30th, minimum threshold will be USD 200,000

MAIN APPLICANT REQUIREMENTS:

● A clean personal background is required, with no potential of a national security or reputational risk. ● The applicant must not have been denied a visa to a country that Antigua and Barbuda has a visa-free travel arrangement with Select one of the following four options available: ● A contribution to the National Development Fund of a minimum non-refundable amount of USD 100,000 for a family of up to four members, or USD 125,000 for a family of five or more members. ● A contribution to the University of the West Indies of a minimum non-refundable amount of USD 150,000 for a family of six (and USD 15,000 for each family member thereafter) ● The purchase of real estate with a minimum value of USD 200,000 from an approved real estate project. In order to qualify, an applicant can either make a sole purchase of this value or enter into a joint investment where each applicant invests a minimum of USD 200,000. The real estate cannot be disposed of within the five-year period. ● The direct purchase of an eligible business for a minimum amount of USD 1.5 million as an individual. Alternatively, a joint purchase where each person contributes at least USD 400,000, totaling a minimum of USD 5 million.

PROCESSING TIME:

3-4 Months

KEY BENEFITS:

Visa-free or visa-on-arrival travel to approximately 150 destinations.
Ability to include a spouse, dependent children under 31 (as well as their spouse and children), parents and grandparents aged 55 and over, and unmarried siblings of the main applicant and/or their spouse of any age, as well as to add dependents after citizenship has been granted to the main applicant.
Citizenship to a member of the Commonwealth, entitling citizens to certain privileges in the UK and other member states.
An attractive place to live or own a second home in, with excellent air links to North America and Europe.