An investment of as much as $150,000 can grant Antigua and Barbuda citizenship to a family with 4 children! With only a 3-4 months-long application process, investment citizenship like this is hard to come by. With support from the specialists from Immigrant Invest, we will go over the available investment plans, rules of application, and benefits you get.
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Key Features of the Antigua and Barbuda Citizenship by Investment Program
Antigua and Barbuda’s citizenship by investment program has several traits that place it among the most advantageous of the countries of the Caribbean. Let’s begin with the value — investing $100,000 will cover four people simultaneously, making Antigua and Barbuda citizenship cost one of the lowest compared to programs in other countries including both EU and the Caribbean.
Secondly, unlike in other countries where application processing can last years, it takes no longer than 4 months to process an application and issue a passport. Note that residence is not required at all.
And last, for those who want to combine a new place to live with expanding their business, they can achieve both goals in one go. Antigua and Barbuda citizenship by investment offers multiple qualifying types of investment, including starting a business. Joint purchase is accepted as well.
As a bonus, dual citizenship is allowed in Antigua. You can read more about it in an article by Immigrant Invest expert Zlata Erlach, published at https://immigrantinvest.com/blog/second-antigua-and-barbuda-passport-for-investment-en/.
How to Get Antigua Citizenship
Start with initiating an application. The government allows you to begin working on it before making an actual contribution, so you can wait to see if the board decides that you comply with Antigua citizenship requirements. To qualify, choose one of these investment options, that you will have to make after your application passes the check:
- $1,500,000 minimum value investment in a commercial organization that qualifies for the program. A joint purchase is available; if you go for it, a total cost will increase to $5,000,000, but each investor only has to put in a minimum of $400,000;
- $200,000 minimum purchase of real estate which you must keep for the following 5 years. Once again, a joint purchase is available, but in this case, your share will remain the same;
- $150,000 contribution to a local university;
- $100,000 pledge to a country’s fund for development.
Note that if you choose Antigua citizenship by investment in real estate, the property should be purchased from an approved agent.
Antigua Citizenship Benefits and Family Members You Can Include
Getting a passport of this country is relatively cheap and won’t take too much time. Because of that, the advantages you get from it become even more attractive. The key benefits of it are:
- visa-free travel regime with over 160 countries
- lucrative tax legislation, which is further explained on https://immigrantinvest.com/blog/taxes-antigua-and-barbuda-en/
- a perfect transit point if you travel a lot over the ocean
Another benefit deserves special attention. We are talking about different members of your family who can get citizenship as well. It is much broader than in other countries. You can include your husband or wife, children under 30 years old with their close family, parents older than 55, and unmarried siblings. If by any means some of your dependents can’t be included during your application, they can still receive citizenship later.