ANTIGUA
Antigua has been offering economic citizenship since 2006. A lush tropical island with 365 beaches of magnificent beauty and clean turquoise waters is an inviting paradise.
The citizenship by investment program of Antigua and Barbuda requires the applicant to make an economic contribution to the country. In exchange, and subject to stringent application procedures, such as background checks, applicants and their family members are granted citizenship.
Investors can include spouse, children below age of 28 and parents or grandparents above the 58 years old in the citizenship by investment application as dependents. This opens the doors to secure you and your immediate families futures. Antigua and Barbuda offers a lifetime citizenship. There is also no world nor inheritance tax.
One member of the family is entitled to a one year scholarship at the university of the West Indies
CBI applicants do not need to travel to the country during the application process and interview is not required, as well as, any managerial experience or language skills. Dual citizenship is allowed. The principal applicant must stay only 5 days in Antigua during the first five years after citizenship is granted.
Obtaining a second passport through Antigua and Barbuda's citizenship by investment program is beneficial, as it grants its holder visa-free access to around 150 countries, including the Schengen Zone, the UK and Ireland, Brazil, Russia, Ukraine, Hong-Kong, etc.
Antigua & Barbuda allows dual citizenship and eco nomic citizens have the same rights as other citi zens. Antigua & Barbados has a very favorable taxa tion system with no capital gains, no worldwide income or inheritance taxes.
Applicants can qualify for Antigua citizenship under its Citizenship-by-Investment (CBI) program by choosing one of the 3 options:
Single applicant must contribute at least US $100,000 to NDF. There is also a US $30,000 processing fee. For families up to 4, the contribution to NDF is US $100,000 and any additional dependent US $15,000.
A contribution of US 150,000 to the University of the West Indies Fund up to a family of 6 (Processing fee included). The fee for any additional dependent is US
Purchase of real estate with the value of at least US
$400,000 or US $200,000 in case of joint investment addition to the government processing and due dili gence fees. The real estate can later be sold after 5 years of the purchase. Till date there roughly 37 approved projects.
Thus making it one of the most affordable Citizenship by investment programs globally. As per the invest ment option, the government fee equals to US $50,000 for the main applicant or family of 4 or less.
Fees for each additional dependent are also implied varying from US $15,000 each.
Applicants have to also cover due diligence fees. The whole application process will take 4 to 6 months.
APPLICATION PROCESS
Authorized Representatives are officially licensed by the Citizenship Investment Unit (CIU) to handle and submit applications to act on behalf of the applicants. citizenship applications must be submitted by an authorized agent to Grenada's Citizenship by Investment Committee (CBIC)
First step
Once forms and required supporting documents are complete, application fees are to be paid at the same time as the application is submitted. These fees are:
i) Due Diligence (DD) fee of US $7,500 for each the prin ciple applicant and the spouse. ii) Due Diligence fee of US $4,000 for applicants above 18 years old.
iii) A Due Diligence fee of US $2,000 for applicants between 12 to 17 years old. iv) Processing fees of US $30,000 for a family of 4, and additional fee of US $15,000 for each additional dependent.
Second step
The due diligence investigation is conducted by an independent agency contracted by the Government of Antigua and Barbuda. Background checks on potential applicants may be any where between 2-3 months. The CIU will consider the application in light of the due diligence report and make a recommendation on the application accordingly.
Third step
After the CIU evaluates the application base on the due diligence results, the applicant will be issued a comfort letter. Upon receipt of the comfort letter, the stipulat ed investment should be deposited into the CIU's bank account.
Fourth step
Each applicant is required to sign an Oath of Allegiance. Parents or legally appointed guardians of minors must sign the Oath of Allegiance. A certificate of naturalization is then prepared and issued.
Final step
Our local staff in Antigua & Barbuda, Will submit your passport applications to the local passport authorities and your Antigua & Barbuda passports are issued within a few weeks, These will then be couriered to our headquarters in Dubai, where we handover your pass port to you with a notarized travel letter.
Our local staff in Antigua & Barbuda, Will submit your passport applications to the local passport authorities and your Antigua & Barbuda passports are issued within a few weeks, These will then be couriered to our headquarters in Dubai, where we handover your pass port to you with a notarized travel letter.
Our local staff in Antigua & Barbuda, Will submit your passport applications to the local passport authorities and your Antigua & Barbuda passports are issued within a few weeks, These will then be couriered to our headquarters in Dubai, where we handover your pass port to you with a notarized travel letter.
Download the Brochure from here.