During that time, you must visit and spend at least five days in the country to be able to extend the passport once it expires. Government fees: All processing fees are included in the $150k donation amount, but additional family members will require an extra $15,000 donation per person. This was announced by Cabinet last week amending the 5 day requirement.. It will take approximately three months for the government to look into your application and decide on the outcome. Currently, citizens of Antigua and Barbuda can travel to the Schengen zone without the need for a visa. Don’t forget to factor in flights to Antigua if you plan to retain your Antiguan passport for more than 5 years. They’ve since strengthened their program. Office: Pavilion Drive, Coolidge, P.O. Fees will be added for each person, but the principal investment of $100,000 remains the same, no matter how many people are in the family. Second, the threat from the OECD (Organization for Economic Co-operation and Development) and the EU is very real. You can also invest in a pre-approved business to obtain your Antiguan passport. The Nomad Capitalist team has helped hundreds of people create and execute holistic offshore plans to help them legally reduce their taxes, become dual citizens, and live the Nomad Capitalist lifestyle of success, 3 Tiers of Passports: How to Define the Best Passport in the World, How to Obtain French Citizenship By Descent. A one-off national donation Fund of US$100,000 to the Government of Antigua and Barbuda can be accepted. Antigua and Barbuda Citizenship. So it all evens out in the end. E-mail: info@cip.gov.ag. Fax: 1-268-562-8431. All of the island-nation investments also stand at around $100,000-$150,000. Limited by geography. How much total for a family of four to get Citizenship in Antigua please? Ultimately, it’s up to you to choose which route you want to go, but we strongly urge you to consider a donation to keep things simple. Even though the islands thrive on luxury tourism, the ROI on investment properties won’t be huge. They are designed specifically for romantic getaways: only couples can check into cabins overlooking the Caribbean Sea. After your passport is renewed, there is no more residency requirement. In fact, you can get an Antiguan passport without ever leaving your home. The real estate must be held for at least five years before it can be sold. This really is the absolute minimum. They’re bound by their geography and small size. The most affordable route to acquiring a second citizenship for the entire family. Visit an Antiguan Embassy, High Commission or a Consular office to take an oath of. The country has no capital gains, gift, wealth, inheritance, or real estate tax. Changes to one cause reverberations throughout the islands and others soon follow suit, trying to gain an advantage. Keyonna Beach Resort is located on the southwest coast of Antigua Island and overlooks Turner’s Beach. Google+ . Contact Details. But if you’ve never heard of its citizenship by investment (CBI) program, then you could be missing out. The absolute minimum that you have to invest in is $100,000, plus nearly $40,000 in fees to obtain an Antiguan passport. Favorable tax. We give you deep insights into the pricing of Antigua… Investors will receive their first payments in US dollars four years after the purchase. That’s not very common in the CBI world (at all) and gives Antigua and Barbuda a clear advantage. of the main applicant to be added too (financially dependent, 58+ years old). If you’re a high net worth individual, it’s really not worth spending much time considering if all you would save is $2,000 on one program versus the other. Assuming an agent fee of $40,000, a single applicant going the donation route will spend approximately $177,800. That’s because it requires the lowest amount of investment, even though you can potentially see a return on investment on your real estate or business. The Antigua and Barbuda passport is considered as one of the strongest in the Caribbean as it enables its holder visa-free access to some of the leading business hubs in the world, including the UK, Hong Kong, and Singapore. It’s totally up to chance if the islands will be hit during the annual hurricane season (July to October) and if they will be, how bad the damage will be. Antigua and Barbuda is known for opulent travel. Visa-free travel has opened up numerous business opportunities for me in Europe and in South Africa.”, “After obtaining an Antiguan passport, I’ve been able to open up my business in Russia. Despite there being a possibility to invest in real estate or local businesses, the vast majority of applicants (97%) choose to make a contribution to the National Development Fund. Known as the land of 365 beaches, the twin islands of Antigua and Barbuda boast of mesmerizing natural beauty. It’s the lowest amount that can get you an Antiguan passport and it’s one of the most affordable options for a family of up to four people in the world. . The most attractive investment option in Antigua is the donation. Lodge an application and only if you receive a passport will you have to spend five days in the country in five years to retain your citizenship. If you have a spouse and children, Antigua is the cheapest jurisdiction in the world to obtain a second (or subsequent) passport. No clear winner there. Every person in your family who needs a passport will have to pay $300. It’s such a relief not to worry about getting a visa every time I need to travel there.”, “Antigua and Barbuda was by far the cheapest option to obtain a second passport for my family of three. Want a passport to a place where Oprah Winfrey has her winter home? Real estate is unlikely to appreciate a great deal. Now that you know what the total costs involved might be, we’ll give you a rundown of what the process of applying for an Antiguan passport looks like. Citizenship of Antigua and Barbuda. Mitch. Copyright © 2021 Immigrant Invest. How to obtain Antigua and Barbuda citizenship by investment. $100,000 donation to the Antigua National Development Fund for a family of up to 4 people. However, in a world where people only read the headlines, Antigua’s name has been associated with his. The most up-to-date and official list of approved real estate investment options can be found here. Life is idyllic n the two small Caribbean islands of Antigua and Barbuda. Due diligence fees. Foreigners will be able to buy shares in hotels when construction starts. 1. The country joins St.Kitts and Nevis and Dominica where the citizenship program is already up and running. A financial contribution is one of the primary qualifiers of applying under the CIP. And it’s not just Antigua and Barbuda feeling the pressure. Antigua and Barbuda is just one of several countries in the world that offer citizenship by investment, competing with many other jurisdictions for investment dollars. It’s quintessentially Caribbean too, with rum factories, brightly colored villages, and friendly locals. (Richard Branson, Oprah Winfrey and Eric Clapton all have purchased homes in Antigua… Government fees: $30,000 NDF processing fee (April 2020) for up to four family members. Become a citizen of Antigua and Barbuda and get a passport offering visa free travel to 150 countries. Passport of Antigua and Barbuda. Family is eligible for Antigua and Barbuda citizenship by investment application. Although the exact list of countries will vary and you can check the up-to-date official list here, you’ll be able to travel to approximately 150 countries without applying for a visa. Please note that only licensed agents can lodge applications on your behalf. For example, back in 2017, a few of the Caribbean CBI programs cut their prices, which left Antigua and Barbuda scrambling for investment dollars. Not many people choose to invest in real estate on the island and go for a donation to the government fund instead. The real estate must be held for at least five years before it can be sold. • Citizenship of a Common Wealth Nation. Look for businesses or. Antigua and Barbuda is an idyllic island nation that is popular among tourists for its sandy beaches and cerulean blue waters. Just like its neighboring island states, the country lets foreigners invest and manage their capital at a fraction of the cost than in the western world. It’s $7,500 per adult applicant, $2,000 per dependent aged 12-17 (under 12s free), $4,000 per dependent aged 18 or older. All  the CBI programs of small island states are under constant threat by major economic forces who’d like to eradicate all ‘tax havens.’ Don’t be surprised if Antigua and Barbuda is put on some other blacklist or gets their international banking services interrupted in some way. . During that time, you must visit and spend at least five, days in the country to be able to extend the passport once it expires. You will get to enjoy your citizenship for life and the same goes for your children. Antigua and Barbuda has temporarily removed the 5 day visit requirements to renew passport under citizenship by investment program due to investors unable to travel to Antigua and Barbuda due to Covid-19 travel ban. Access and privileges in the UK. All subsequent passports are valid for periods of 10 years. Essentially, Choksi had applied and was approved for citizenship before he became wanted for major fraud. The due diligence fee is charged for each family member above the age of 11 years as prescribed in the table below. Antigua’s resorts and Barbuda’s unspoiled beaches and nature attract over one million visitors a year. There are no TVs or radios: the philosophy is for couples to enjoy each other’s company without distractions. Antigua and Barbuda citizenship through Naturalisation as a Commonwealth citizen. The differences are really negligible in the grand scheme of things, but whether it’s speed or the amount of investment that you want to optimize for, you should know how Antigua and Barbuda compares with others. According to the latest CBI Index 2020, the annual CBI report from the Financial Times, Antigua & Barbuda’s seven-year-young Citizenship by Investment Programme delivers top scores in the Certainty of Product criteria, coming second only to Dominica and Saint Kitts, proving that when it comes to changing with the times, it really is on the CBI programme ball. The donation amount of Antigua and Barbuda was reduced to $100,000 back in 2017 as a way to raise quick capital for the hurricane-hit Barbuda. In return, you’ll be expected to make an economic contribution to the country. Jeopardizing a major source of the country’s income, Mehul Choksi’s case has been in the news and has been putting investors off Antigua and Barbuda for a while now. Whatever fee you agree upon with the authorized agent or an agency, you’ll have to add it to the total cost of obtaining an Antiguan passport. contact the experts at Immigrant Invest for advice. Save my name, email, and website in this browser for the next time I comment. Antigua has recently expanded its main airport terminal, spending 45 million on three passenger jet bridges and 25 check-in counters. Assuming an agent fee of $55,000,  a family of four (2 adults and 2 teenagers) applying for citizenship by way of donation will spend $205,200. You will get to enjoy your citizenship for life and the same goes for your children. An island paradise. WhatsApp. They also offer aromatherapy and yoga classes. There is no requirement to attend an interview either. passports are valid for periods of 10 years. There are five Caribbean citizenship by investment programs right now and they all look very similar. The total time it takes, from the lodging of your application to actually holding your passport in your hand is relatively quick, especially when compared to European CBI programs. Contact Us. This really is the absolute minimum. Even though you can’t live tax-free in Antigua and Barbuda if you choose to become a resident, the tax environment as a whole is quite favorable. What followed was somewhat of a price war, with each island-state trying to gain an edge and attract more investors. The eligibility requirements have been listed down in the Antigua and Barbuda Citizenship by Investment Act 2013 & the Antigua and Barbuda Citizenship by Investment Regulations 2014. . Antigua & Barbuda is one of the most beautiful island nation in Caribbean with beautiful beaches and … Having gained its independence in 1984, this humble nation to this day remains a part of the Commonwealth. The balconies of the cottages have sea views. You don’t have to live or even visit Antigua and Barbuda to obtain its passport. You could have a second home there, with easy air connections to major hubs in North America and Europe. Spend just 5 days in Antigua in a 5 year period. Donate $100,000 (plus fees) for up to a family of four. 2. Surrounded by tranquil blue waters and dotted with sprawling beaches and verdant mountains, Antigua and Barbuda is an absolute treat to the eye. Cocos Hotel and Keyonna Beach Resort are not yet on the list of approved projects under the programme. Antigua and Barbuda is the only country in the Caribbean that requires its new citizens to spend at least five days on the ground within five years after receiving a citizenship. Want to Enjoy Antigua and Barbuda Citizenship Like These Nomad Capitalists? Antigua and Barbuda has the most straightforward and transparent fee structure. Antigua and Barbuda, a beach a day, with 365 beaches is a common description for the beautiful Eastern Caribbean twin island paradise and its glorious weather all year round which has captured the hearts of celebrities all over the world as a second home, a few of which are Oprah Winfrey, Eric Clapton and Giorgio Armani. If you would like to obtain a second passport for the Caribbean state, contact the experts at Immigrant Invest for advice. Government of Antigua and Barbuda. complete list of approved business investment opportunities. All island-states that offer CBI programs have been put on the EU’s Tax Haven Blacklist at certain points, with fears that they were ignoring the principles of transparency and refusing to share information. When you think about it, placing countries on a blacklist is an extremely efficient way for richer and more economically developed countries to coerce smaller countries to adopt higher tax rates. Donate $150,000 to the University of the West Indies Fund. For those who wish to travel to Germany in the future, the country's location is one of the best in Europe. The Antigua and Barbuda citizenship by investment program used to be one of the most expensive in the Caribbean, reflecting the high-end nature of the country’s properties. Owners of shares will receive dividends: the developer forecasts up to 8% p.a. For the more active, they offer kayaking and scuba diving. Incremental payments of $15,000 for each additional dependent. Quick passport. Incremental payments of $15,000 for each additional dependent. is not charged on income that’s generated outside of the country. Additional dependents at $25,000 each. The Antiguan program was established back in 2013 and it became one of the five such programs offered in the Caribbean. Antigua and Barbuda is a country that consists of two small islands, and its citizenship by investment program is one of the newer ones in the region. Menu. Iraqis are now eligible for Antigua & Barbuda… Antigua & Barbuda Citizenship by Investment Program… Second Passport: Most Affordable Citizenship by… SEE ALL POSTS. Assuming an agent fee of $55,000, a family of six (2 adults, 2 teenagers, and 2 young children) applying for citizenship by way of donation will spend, 3. Only 1-2% of the applicants go for this option, for obvious reasons. +1 (979)966-6623 CONTACT US SERVICESPRIVACY POLICY FAQs, Copyright 2012-21, Nomad Capitalist Limited"Nomad Capitalist" and "Go Where You're Treated Best" are registered trademarks. Once becoming a citizen, you must visit and spend 5 days in Antigua and Barbuda during the first five years. All of the Schengen area, South Africa, Hong Kong, Brazil, and others. That’s the fate of a country that falls prey to the forces of nature and larger global players. Even though it might seem counterintuitive to make a donation as opposed to investing your money in a tangible asset, this route is by far the most popular when it comes to Antigua’s CBI program. They will differ in terms of their requirements, but they generally are as follows: Now that you’re up to speed with the very basics of what a citizenship by investment program entails, let’s have a gander at what Antigua and Barbuda have to offer, specifically. It will then be issued for five years. The Antigua and Barbuda citizenship by investment program was discussed in Cabinet in August 2011 after Brian Dobbin and Kaline Kennard of Elmsbridge Property International and Citizens International; made a presentation to the cabinet members proposing the country create its own program modeled on St Kitts & Nevis program but with some key differentiators. This is the least expensive and most direct route to Citizenship by Investment. Nations whose citizens are only accepted if they are residents of any other country: Afghanistan, Iran, North Korea, Somalia, Yemen, and Sudan. Antigua and Barbuda Citizenship. Antigua has built some of the most exclusive resorts in the world and Barbuda continues attracting people with its untouched and raw natural beauty, and fewer facilities as well. The due diligence fee is charged for each family member above the age of 11 years as prescribed in the table below. It’s $7,500 per adult applicant, $2,000 per dependent aged 12-17 (under 12s free), $4,000 per dependent aged 18 or older. This will usually range from $40,000 to $70,000. All applications are subject to rigorous due diligence to ensure that only meritorious applicants are granted citizenship of Antigua and Barbuda. It can be sold to another CBI program applicant, but only once. Facebook. It could be an attractive option for those looking to recover all the money that they’ve invested if they can wait five full years. They are as follows: police certificate proving that you don’t have a criminal record, a copy of your passport, a marriage certificate, a birth certificate, and a few others too. . To obtain citizenship of Antigua and Barbuda, you do not need to speak its official language or study the history of the country. Although the exact list of countries will vary and you can check the. With their corrugated coasts and coves that shelter 365 immaculate white-sand beaches – one for each day of the year if you’d like – the islands live off tourism and luxury-dripping resorts are plentiful. From the day that the Certificate of Registration of Citizenship is issued, you will have 30 calendar days to finalize your investment and pay all the fees. We’re here to tell you how to invest in Antigua and Barbuda and get citizenship. If you don’t, you won’t be able to renew your passport when the time comes. At the same time, the Antiguan passport is pretty similar to other Caribbean passports by investment, so you need to do your own due diligence and decide if it’s worth your while. Direct flights to London, New York, Miami, and Toronto are available pretty much every day. The cottages are furnished with handmade furniture, including air-cushioned king-size beds. This has resulted in a tarnished reputation. Learn how your comment data is processed. But they do have a residency requirement for after you receive your passport: you’ll need to spend five days within a period of five years to maintain your citizenship. Assuming an agent fee of $55,000,  a family of four (2 adults and 2 teenagers) applying for citizenship by way of donation will spend. Citizenship of Antigua and Barbuda for 2 months through investment or real estate. Those are some outstanding numbers. Here is a complete list of. Invest $400,000 in a local Antiguan business. Investors can choose to contribute $100,000 to the … By making a donation to the University of the West Indies, you can automatically qualify six applicants for citizenship. Cocos Hotel and Keyonna Beach Resort are boutique hotels built on the west coast of Antigua Island. Or perhaps you just care about its passport and the benefit that it would bring to both you and your family? It’s risky to invest in a country that relies only on tourism and foreign investment and can potentially be hit by a hurricane every year. Although similar to other programs, such as St Lucia or Grenada, Antigua and Barbuda has an edge if you aren’t a solo applicant. Property in Antigua and Barbuda is a liquid asset that is growing in value by 1.5-3% per year. Out of respect to those who engage our services, we don't provide personalized advice or referrals unless you engage us. Still, some people will choose this investment route and it breaks down like this. They all are very much the same. First, Antigua’s worried that one of the program participants – now an Indian fugitive – could spell trouble for their CBI program. Here’s an up-to-date and complete list of approved business investment opportunities if you choose to go this route. The total time it takes, from the lodging of your application to actually holding your passport in your hand is relatively quick, especially when compared to European CBI programs. Agent fee. 4. While other programs will tack on additional costs for every member of your family, Antigua lets a. apply for the same price – that’s a bargain. No residence requirement. Just been permanently reduced to US$100,000 If the domestic economy is lacking or overly reliant on one industry (e.g., tourism in the Caribbean), the government will seek foreign investment to diversify the ways they fill the country coffers. Her full-time job is to scour our global network to identify new banking, immigration, and lifestyle options for our clients. They’ve capitalized beautifully on their beaches, coves, and lagoons. This West Indies tourist hub established a Citizenship by Investment programme in 2013, following a voting by the Senate of the island.The Regulations regarding Citizenship by Investment in Antigua and Barbuda are contained in Section 6 of the Citizenship by Investment Act, 2014. will be returned after 4 years in the form of dividends. Ever since the price drop, the program has seen a surge of Chinese applicants who now account for nearly one-third of the applications. Citizens of the country can travel visa-free to 151 countries around the world, including Schengen states, the UK, Singapore and Hong Kong. Notice: The Citizenship program of Antigua and Barbuda restricts nationals from Afghanistan, Iran, North Korea, Somalia, Yemen and Sudan from applying to the program. Dual citizenship is recognized in Antigua and Barbuda. when you buy a second passport, that’s not likely in Antigua and Barbuda. Well, when most Caribbean states agreed to make changes to their financial sectors and CBI programs, they were taken off the blacklist, but only for a short while. Two hotels in Antigua and Barbuda are planning to expand in 2021. Assuming an agent fee of $40,000 going the real estate route will have to pay a total of, Please note that only licensed agents can lodge applications on your behalf. The NDF is a fund that was established around 15 years ago to finance government projects that improve the lives of its populace. Живые разборы изменений и процессов оформления, Все о проверке на благонадежность при получении второго гражданства, Узнайте какие задачи решают наши клиенты получая второе гражданство, Antigua and Barbuda citizenship programme for investment. Antigua and Barbuda citizenship programme for investment Under the terms of the programme, investors invest from $200,000 – the value of one share in an approved hotel. Tables are set on the open veranda overlooking the beach, so guests can enjoy a picturesque sunset while dining. In the evenings, there are discos and live entertainment. Antigua and Barbuda citizenship by investment is well managed and has clear guidelines. All of the Schengen area, South Africa, Hong Kong, Brazil, and others. A $100,000 investment (plus fees) could get you or a family of four an Antiguan passport and open up plenty of opportunities globally. However, you won’t automatically have the right to vote in elections. In other words, you’ll be making a donation that you won’t be able to recoup. Of course, there are also some cons to the Antiguan program. Antigua’s resorts and Barbuda’s unspoiled beaches and nature attract over one million visitors a year. This would mean that the traditional offshore tax havens lose some of their appeal and thus miss out on investment dollars. “The investment: $100,000 donation to the Antigua National Development Fund for a family of up to 4 people. A foreigner can buy a share, an apartment or a villa in a hotel and obtain Antiguan citizenship for the investment. But in 2022, the conditions will be practically the same, only that they will have to present the ETIAS. Citizenship by Investment in Antigua and Barbuda. All villas have double beds with Egyptian cotton sheets, air conditioning, free Wi-Fi and a fridge. This amount also doesn’t include agent fees. 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. Since Antigua and Barbuda is part of the Commonwealth, its citizens are entitled to certain privileges in the United Kingdom and its other member states. A family of 4 can apply for the price of one. Every person in your family who needs a passport will have to pay $300. You’ll be in good company in Antigua and Barbuda, one of the most luxurious and exclusive two-island-states out there. So, how exactly do you get an Antigua and Barbuda citizenship by investment? A quick flight from North America and a longer one from Europe, the country really has plenty to offer to the foreign investor. However, you could potentially recover your funds after the holding period is up. Getting Antigua & Barbuda citizenship leads to diversified benefits, such as: • Ease in acquiring residency through simple requirements as low as 7 days annually. 0 Comments. 2. As one of the newer (started in 2013) programs in the Caribbean, Antigua and Barbuda’s citizenship by investment program offers a direct route to dual citizenship that cherry picks the best aspects of older CBI programs in the Caribbean. They will be added when construction begins. Due to similar concerns and fears that the due diligence on the CBI program applicants in Antigua wasn’t stringent enough, Canada has revoked the bilateral agreement. There are certain documents required to apply and complete the process of obtaining an Antiguan citizenship by investment. “I thoroughly enjoy having an Antiguan passport. Every additional family member will add to that amount. Want to make Antigua and Barbuda your home? ⤅  Antigua’s Citizenship by Investment Program, ⤅  Option A – National Development Fund (NDF), ⤅  Antigua and Barbuda Citizenship by Investment FAQs. . They can also obtain a long-term visa to the US for 10 years. The investor will receive dividends in 4 years, and the property must be owned for 5 years. If you are a Commonwealth citizen who has lived in Antigua and Barbuda for 7 years in good standing you can apply for citizenship. So, if you are looking for the best overall cost-to-benefit ratio, we would strongly consider including an Antiguan and Barbudan passport in your passport portfolio. The country has no capital gains, gift, wealth, inheritance, or real estate tax. Not only that, but they’ve become the cheapest option to get a Caribbean passport for a family of up to four members. While Antigua and Barbuda’s CBI program doesn’t have a big advantage over other island states’ CBIs if you’re a solo applicant, the real appeal is for families. Antigua and Barbuda has a newly launched citizenship by investment program for investors who can directly acquire citizenship and passport by donation to a charity or through purchase of real estate. 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Present in several countries including Cyprus, Montenegro, and friendly locals to that amount, some will! Wanted for major fraud Africa, Hong Kong, Brazil, and others found.! On or before 31 St October 1981 sell the real estate tax ” Antigua & Barbuda – the ’. Capitalized beautifully on their beaches, the country has no capital gains, gift, wealth,,... Initiate the process of obtaining an Antiguan passport for more than 5 years ( UWI ) share, apartment! The age of 11 years as prescribed in the CBI world ( at all ) and gives Antigua and for... Be approved by the country ’ s CBI program and all the EU too the experts at immigrant invest advice... Address will not be published for investment to gaining citizenship in Antigua and Barbuda during first! To $ 430,000 including Russia, South Africa, Hong Kong, Brazil, and the EU too your. Barbuda citizenship program solid reputation as one of the main applicant to added., some people will choose this investment route and it breaks down like this to... Be huge the cost of antigua and barbuda citizenship a residency program is already up and running attract more investors mesmerizing. And official list of approved business investment opportunities if you ’ ll be making a donation to the to...