Published On October 08, 2024
Antigua and Barbuda offers a unique Citizenship by Investment (CBI) program, allowing individuals and families to obtain citizenship through qualifying investments. This guide outlines the entire process, from eligibility requirements to application submission, ensuring you have all the information needed to make an informed decision about your future.
Understanding the Antigua and Barbuda Citizenship by Investment Program
The Antigua and Barbuda CBI program was established to attract foreign investment to the country while providing individuals with the opportunity to gain a second citizenship. Essentially, this citizenship grants you visa-free access to over 150 countries, including the Schengen Area, the UK, and many others, enhancing global mobility.
Benefits of Antigua and Barbuda Citizenship by Investment
- Visa-Free Travel: Firstly with Antigua and Barbuda citizenship, you can unlock hassle-free global mobility with access to 150+ countries, including top destinations in Europe, Asia, and the Americas. No visa paperwork, no waiting—just seamless travel.
- Dual Citizenship: Secondly, keep your roots while expanding your horizons. With Antigua & Barbuda’s dual citizenship, you can enjoy the best of both worlds—maintain your original nationality while benefiting from the perks of Caribbean citizenship.
- Quality of Life: Additionally, live the life you’ve always imagined—luxurious island living surrounded by turquoise waters, pristine beaches, and a warm, welcoming community through Antigua and Barbuda CBI. Experience a high standard of living paired with a stable political environment for total peace of mind.
- Tax Advantages: Lastly, maximize your wealth with zero estate, wealth, or inheritance taxes. Antigua & Barbuda CBI offers a financial safe haven, where your money works harder, and your legacy is secure.
Eligibility Criteria for Antigua and Barbuda Citizenship by Investment
To qualify for this exclusive programme you must meet these eligibility requirements;
- Age: You must be at least 18 years old to apply. This ensures you’re legally ready to make an investment and take the next step toward securing a second citizenship.
- Health: Additionally, applicants are required to have a clean bill of health, meaning no serious communicable diseases. This helps ensure the well-being of both the applicant and the nation’s residents.
- Criminal Record: Moreover, a clean criminal record is mandatory. Applicants will undergo a thorough background check to ensure they meet the program’s high standards of integrity.
- Dependents: In addition, you can include your spouse, dependent children (under 30), and dependent parents or grandparents (over 55) in the application. This offers the opportunity for your entire family to benefit from dual citizenship.
- Residency Requirement: Furthermore, while there’s no need to physically reside in Antigua and Barbuda to maintain citizenship, you must visit the country for at least five days within the first five years of gaining citizenship.
- Source of Funds: Finally, you must prove that the funds used for the investment were obtained legally. This includes providing financial documentation verifying the legal source of income used for the qualifying investment.
Investment Options for Antigua and Barbuda CBI
Antigua and Barbuda offers several investment pathways for obtaining citizenship and is considered to be one of the most affordable CBI programs today:
-
Real Estate Investment
- Minimum Investment: $300,000 in approved real estate projects.
- Conditions: The property must be held for a minimum of five years.
-
National Development Fund (NDF)
- Minimum Contribution: $230,000 contribution to the National Development Fund (PDF) per application.
- Conditions: This non-refundable contribution supports national development projects.
-
Business Investment
- Minimum Investment: $1.5 million in a business or $5 million for joint investments with no party Investing less than $400,000.
- Conditions: The business must create at least three permanent jobs for Antiguans and Barbudans.
-
University of the West Indies Fund
- Minimum Contribution: $260,000 for a family of six or more.
- Conditions: This fund supports educational initiatives within the region.
Steps to Obtain Antigua and Barbuda Citizenship by Investment
Step 1: Consult with Endevio's Citizenship by Investment Experts
Begin by consulting with Endevio’s experts, who will evaluate your personal circumstances and recommend the most suitable investment options. Our team ensures that your choices align with your financial goals and meet all program criteria, setting you up for a successful application.
Your entire family can be included in a single application:
-
Main Applicant
— Must be at least 18 years old
— Must have a clean criminal record
- Children, including dependent children up to 28 years old
- Spouse
- Dependent parents and grandparents over 58 years old
Applicants must fulfill a minimum 5-day residency requirement in Antigua and Barbuda over 5 years.
Step 2: Prepare Your Documents
We will provide you with a comprehensive checklist to ensure all required documents are gathered. Our team of experts will assist you in compiling the documents, ensuring they meet compliance standards. Documents typically include:
- Copy of Passport
- Birth and marriage certificates (if applicable)
- Health and Medical Certificate
- Police clearance (required for all above 18 years must not be older than 3 months)
- Proof of investment funds
- Employment references (if required)
All documents must have apostille seal, for use in Antigua and Barbuda. Police documents are required for each country in which the person lived for 6 consecutive months or longer since reaching the age of 18.
Step 3: Submit Your Application
Once your documents are fully prepared and checked for accuracy, our specialists will submit your application to the Government of Antigua and Barbuda via an authorized local agent, as per legal requirements.
Step 4: Government Review & Due Diligence
The Government will thoroughly review your application and perform due diligence checks, verifying the accuracy of the submitted information. There is currently no interview requirement.
Step 5: Pre-Approval Notification
After the Government completes the due diligence process, a decision letter will be issued. Endevio will forward this pre-approval notice to you, outlining the next steps.
Step 6: Complete Your Investment
Once you receive pre-approval, you will be required to complete your investment and settle any remaining fees.
Step 7: Antigua and Barbuda Citizenship in 3-4 Months
Upon the completion of your investment, your citizenship certificate will be issued, and your passport application will be submitted on your behalf. You do not need to visit Antigua and Barbuda to receive your citizenship; your passport will be sent to your preferred address by courier.
Residency Requirement: A minimum of 5 days in Antigua and Barbuda is required within 5 years of obtaining citizenship. However, as of December 2023, waivers are available under certain circumstances, including for elderly applicants (aged 80 or above), minors, and individuals with severe disabilities.
Essentially, these exceptions allow flexibility for those who are unable to fulfill the residency obligation due to health or other significant factors.
With Endevio's expert guidance, you can navigate the citizenship process with confidence and ease, knowing that every detail is handled professionally from start to finish.
Timeline and Costs of Antigua and Barbuda CBI
The entire process of obtaining Antigua and Barbuda citizenship can take approximately 3-6 months, depending on the complexity of your application and the efficiency of the due diligence checks. The costs involved may vary based on your chosen investment option and family size. Below is an estimated breakdown:
- Real Estate Investment: $300,000 (minimum) + associated fees
- NDF Contribution: $230,000 for single applicant up to a family of four
- Due Diligence Fees: $8,500 for a single applicant (may vary depending on additional dependents)
- Processing Fees: $10,000 for a single applicant (varies based on family size)
Conclusion
In conclusion, the Citizenship by Investment program in Antigua and Barbuda presents an excellent opportunity for those seeking a second citizenship in a beautiful and welcoming environment. By understanding the process and requirements, you can make informed decisions for a prosperous future.
If you're ready to explore your options and learn more about the opportunities available in Antigua and Barbuda, contact us and we will guide you on this exciting journey.
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