About Antigua and Barbuda
A Caribbean Island nation Antigua and Barbuda which is also a part of the Commonwealth. Antigua has flat land topography that was ideal for cultivating tobacco, cotton, and ginger in the early days. Sugar cane growing, on the other hand, became the dominant industry and lasted for nearly 200 years. Antigua's main industry now, following its independence from the United Kingdom in 1981, is tourism and allied service industries.The financial services industry and the government are the next two major job-creating sectors. Antigua and Barbuda passports enjoy visa-free travel to approximately 150 countries, including the U.K. and the countries of the Schengen area.
Antigua and Barbuda Citizenship by Investment
The citizenship by investment program for Antigua offers a second passport with visa-free travel to over 160 countries, including the United Kingdom, the EU Schengen zone, Hong Kong, and Switzerland. In order to obtain citizenship in Antigua, you might invest in a variety of ways.
Those interested in contributing $100,000 to the Antigua National Development Fund can do so. They can put $1.5 million into starting a business ($5.0 million if there are two or more investors) or $400,000 towards a government-approved real estate project (which can be reduced to $200,000 if there are two or more linked investors).
Investment ProgramsNational Development Fund (NDF)
Participation to the National Development Fund in the amount of US$100,000 per application is required for citizenship under the NDF investment scheme. The amount of investment is made in the form of a single payment and is non-refundable.
University of the West Indies (UWI) Fund
A minimum non-refundable contribution of USD 150,000 to the University of the West Indies
in order to invest in a business as part of the Citizenship by Investment Program.
The following are the two company investment options:
A principal applicant invests at least US$1,500,000 in an approved business on his own behalf.
A minimum of two people must make a joint investment of at least US$ 5,000,000 in an approved business. Each individual must pay at least US$400,000 to the joint venture.
Validity of ResidenceThe passport has a 5-year validity period and can be renewed after that. To renew after 5 years, you must have spent at least 5 days in Antigua.
Real Estate InvestmentThe citizenship by investment program offers the option to invest in real estate, and thus recover your funds (after the five-year minimum holding period).
The buying of real estate with a minimum value of USD 200,000 from an approved real estate project. To be eligible, two candidates must make a combined investment of at least USD 200,000, with each applicant contributing at least USD 200,000. Within the five-year time span, the property cannot be sold.
Updates & New RulesAntigua and Barbuda Government have announced an extension 50% discounted price of $100,000 (instead of $200,000) National Development Fund (NDF).
Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.
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