111Immigration - Antigua and Barbuda

Antigua and Barbuda

Situated in the Eastern Caribbean Sea, Antigua and Barbuda is a twin-island country. It is a tropical paradise as it features over 365 beaches, humorously said to be enjoyed as one beach a day for the year. The Government of Antigua and Barbuda offers generous tax legislation and an attractive business environment for foreign investors.

Capital: Saint John’s | Total Area: 442.6 sq. km. | Language: English | Government Type: Parliamentary democracy (Parliament) under a constitutional monarchy and Commonwealth realm | Currency: East Caribbean dollars (XCD), tied to USD

Why Antigua and Barbuda Citizenship by Investment?

Antigua and Barbuda have been an independent Commonwealth state since 1981, and it is a member of several international organizations such as the United Nations (UN) and the Caribbean Community (CARICOM). The welcoming weather makes it a popular tourist destination, and the place is famous for the maritime event ‘Antigua Sailing Week.’

The government dedicated an official website to visit if you are interested in the program as the following: https://www.cip.gov.ag/.

And great benefits for the investors and their family as following:

Successful applicants can enjoy visa-free travel to over 130 countries worldwide.

It allows dual citizenship.

Main applicant and spouse can include children up to age 30.

Main applicant and spouse can include their parents or grant parents who are above 55.

No tax on foreign income, capital gains, gifts or inheritance tax.

Children who are challenged physically or mentally and fully dependent on the main applicant can be included.

Single siblings of the main applicant/spouse can be included.

What are the qualifications?

Main applicant should complete 18 years of age at the time of application.

Applicant should have excellent health.

Main applicant should have a high personal net worth.

Applicants should be outstanding character.

Applications should not hold criminal records.

What are investment options?

Real Estate Investment

Applicants can invest in government-approved properties with a minimum value of USD 300,000 or joint ownership with the same minimum amount in a real estate development project. The investment must be maintained for 5 years.

Real Estate Investment cost

To qualify for citizenship of Antigua and Barbuda, an applicant must invest a minimum of USD 300,000 in government-approved projects.

National Development Fund (NDF)

Established by the Government to diversify and support the national economy, The NDF was established by the government to support the national economy. This fund requires a contribution of at least $230,000 per applicant .

National Development Fund (NDF) cost

Single applicant: USD 230,000 plus USD 10,000 processing fee.
Family of up to four members: USD 100,000 plus USD 20,000 processing fee.
Family of five or more members: USD 150,000 plus USD 20,000 processing fee.

Business investment

The government decided to establish this option seeking for job creation to the citizens of the country. The project should be recommended first from citizenship by investment unit (CIU) to Cabinet for approval, whether the investment in new or existing business.

Business investment cost

• Main applicant should invest with a minimum of USD 1,500,000 in approved business investment.

• Two or more applicants can join investment in approved business investment with a minimum amount value of USD 5,000,000. Each applicant required to contribute minimum USD 400,000 to the joint investment to qualify for the citizenship application.

University of the West Indies Fund (UWI)

This option is dedicated for financing UWI’s fourth landed campus. This option is highly recommended for large families of 6 or more members, with a total contribution of $260,000 for a family of 6. The contribution will remain the same if the family have more than 6 applicants as well. In addition, one member of the family is entitled to a 1-year scholarship at the University of West Indies.

Applicable Fees in both investment options:

Processing fee for single applicant	USD 10,000
Processing fee for family up to four applicants	USD 20,000
Processing fee for each additional qualifying dependent	USD 10,000
Due diligence fee for main applicant	USD 8,500
Due diligence fee for spouse	USD 5,000
Due diligence fee per dependent 18 and over	USD 4,000
Due diligence fee per dependent 12-17	USD 2,000
Passport application fee per applicant	USD 300