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Antigua and Barbuda Citizenship by Real Estate Investment

Citizenship by Investment

Real Estate in Antigua and Barbuda

Antigua and Barbuda is home to an outstanding Citizenship by Investment program with real estate as its basis. This pathway to citizenship enables qualified citizens and their families to gain citizenship by investing in real estate developments within this beautiful twin island nation, giving investors not only second passport status but also exposure to its flourishing luxury real estate market. When investing in Antigua and Barbuda’s property sector, investors gain both international mobility and the potential to earn a solid return from one of the Caribbean’s premier destinations.

Why make a real estate investment in Antigua and Barbuda?

  • Citizenship by Investment program
  • Beautiful natural scenery and climate
  • Strong tourism industry
  • Tax-friendly policies (no capital gains, inheritance, or property tax)
  • Political stability
  • Economic development initiatives
  • Potential for capital gains in the resale marke
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Processing Time

4-6 months

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Contribution

$ 100,000 USD

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Visa-Free Travel Within

160+ countries

Antigua and Barbuda Investment Options

The Citizenship by Investment program of Antigua & Barbuda necessitates investors to make a contribution to the National Development Fund or engage in real estate projects or government-approved businesses. In exchange for their investment, they are granted citizenship and a passport.

$200,000

Real Estate Investment

Applicants for the Antigua & Barbuda citizenship by investment program have the option of making a joint investment in real estate through the purchase of shares in a company holding the asset. Two applications from related parties in the amount of a minimum of US$200,000 will be considered as qualifying investment.

Curated Links for Antigua and Barbuda citizens

Real Estate Market Information in Antigua and Barbuda

The real estate market in Antigua and Barbuda is heavily influenced by its vibrant tourism industry, which offers a range of luxury properties, from beachfront villas to private islands. The Citizenship by Investment program has attracted foreign investors, providing opportunities for obtaining citizenship in exchange for real estate investments or contributions to the National Development Fund. Property values vary based on location and amenities, with beachfront properties commanding higher prices. Government-supported development projects and economic factors also play a role in shaping the market’s dynamics

Real Estate Investment Criteria in Antigua and Barbuda

When considering real estate investment in Antigua and Barbuda, it’s essential to focus on the following criteria:

  • Location and property type
  • Budget and financial planning
  • Compliance with local regulations
  • Awareness of market trends
  • Property condition and potential renovations
  • Rental and resale prospects
  • Access to infrastructure and amenities
  • Property management considerations
  • Seeking professional advice
  • Conducting thorough due diligence
  • Having a clear exit strategy

Taking these factors into account will help investors make informed decisions and maximize the potential success of their real estate investments in Antigua and Barbuda.

Key Facts

Capital

Saint John’s

Languages

English (official)

Currency

East Caribbean dollar (XCD)

Population

94,298 Population 2023 estimate

Real Estate Investment Options in Antigua and Barbuda

  • Residential Properties: Houses, apartments, and waterfront properties for personal use or rental income.
  • Tourism and Hospitality Properties: Boutique hotels, resorts, and vacation villas catering to tourists.
  • Commercial Properties: Office spaces, retail properties, and commercial units for rental income.
  • Agricultural Land: Investment in agricultural land for farming or agribusiness.
  • Citizenship by Investment (CBI) Properties: Purchase approved real estate projects to qualify for the CBI program.

Holding Period of Real Estate

Investing in real estate in Antigua and Barbuda as part of the Citizenship by Investment program typically involves a minimum holding period of 5 years. This requirement ensures that investors contribute to the local economy and community for a specified period, aligning with the country’s goals for sustainable development. After this holding period, investors can enjoy the benefits of Antigua and Barbuda citizenship while retaining ownership of their residential investments.

Minimum Real Estate Investment

Antigua and Barbuda offers citizenship through a $200,000 USD minimum investment in approved real estate projects. The Community Investment Project includes various property types for personal use or rental income. Applicants must also cover government fees and due diligence costs, with the total varying based on family size and application complexity. Successful CIP applicants gain lifelong citizenship, transferable to future generations.

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    Types of Ownership

    1. Sole ownership in Antigua and Barbuda grants full control but carries unlimited personal liability for business obligations.
    2. Shared ownership, including partnerships, fosters collaborative decision-making, shared risk, and offers limited liability protection for business owners, making it an appealing option for businesses in the country.

    Step-by-Step Guide to Buying Real Estate in Antigua and Barbuda

    • Define Your Goals and Budget: Determine your purpose for buying the property and set a clear budget.
    • Hire a Local Real Estate Agent: Engage a reputable local agent with knowledge of the Antiguan property market.
    • Property Search and Due Diligence: Conduct thorough due diligence, considering location and property history.
    • Make an offer: Negotiate and submit a formal offer through your agent.
    • Engage a Local Attorney: Hire a local attorney experienced in real estate transactions.
    • Sign a Purchase Agreement: Sign a formal purchase agreement with the seller.
    • Apply for Alien Landholding License (if applicable): Non-citizens may need to apply for this license.
    • Pay the deposit: Pay the agreed-upon deposit into an escrow account.
    • Secure financing (if needed): Work with local banks to secure financing if necessary.
    • Complete Property Inspection: Schedule an inspection to identify any issues.
    • Finalize Closing Details: Work with your attorney to finalize all closing details.
    • Closing and Transfer of Ownership: Attend the closing meeting, sign documents, and complete the transfer of ownership.
    • Register the Property: Ensure the property’s title is transferred to your name and registered.
    • Obtain Property Insurance: Purchase property insurance for protection.

    Property Purchase Taxes

    Property taxes in Antigua and Barbuda are based on the property’s market value, with rates ranging from 0.1% to 0.5% depending on its type and value. Agricultural land incurs the lowest tax, while non-residential buildings face the highest. There are allowances and tax rebates available. Non-resident owners of undeveloped land are subject to undeveloped land taxes ranging from 10% to 20% based on ownership duration. Additionally, non-resident property owners leasing out their properties in Antigua and Barbuda are taxed at 25% of their net rental income.

    Program Summary

    Learn more about the country and it's citizenship by investment.

      Similar Citizenship by Investment Programs

      Legal and Regulatory Considerations

      When purchasing real estate in Antigua and Barbuda, it is essential to navigate key legal and regulatory aspects. Non-citizens must obtain an Alien Landholding License, work with local attorneys for due diligence and contract review, and verify property titles. Buyers should budget for closing costs, consider financing terms, and understand property tax rates. Compliance with environmental regulations, residency requirements, and dispute-resolution mechanisms should also be addressed. Ensuring adherence to these legal and regulatory considerations is vital for a successful and lawful real estate transaction in the country.

      Financial and Payment Options

      When buying real estate in Antigua and Barbuda, the primary financial and payment options include using the Eastern Caribbean Dollar (XCD) for transactions, securing bank financing for mortgages, and accessing local and international banks for currency exchange and fund management. These options provide flexibility and convenience for property buyers in navigating the real estate market in Antigua and Barbuda.

      Comparing Citizenship by Investment Countries

      Benefits of Citizenship by Real Estate Investment

      Here are some benefits of obtaining citizenship through real estate investment:

      • Second Citizenship: Attain citizenship in a foreign country, which grants you the rights and privileges of a citizen in that nation.
      • Global Mobility: Benefit from enhanced international travel convenience with visa-free or visa-on-arrival access to multiple countries.
      • Stability and Security: Enjoy political stability and a secure environment, particularly valuable for those seeking a safe haven for themselves and their families.
      • Property Ownership: Invest in real estate, providing potential rental income, capital appreciation, and a tangible asset in a foreign market.
      • Education and Healthcare: Access high-quality education and healthcare services in the host country, ensuring the well-being and development of your family.

      Risks and Considerations

      When purchasing real estate in Antigua and Barbuda, it’s imperative to be mindful of various risks and considerations. These include potential market volatility, foreign exchange fluctuations, title issues, maintenance costs, property taxes, and evolving regulatory changes. Environmental factors, residency and citizenship implications, and the need for legal assistance should also be carefully evaluated. To ensure a successful and secure transaction, conducting thorough due diligence, engaging local experts, and staying informed about the local real estate market and regulations are crucial steps for prospective buyers.

      Exit Strategy

      Crafting a well-considered exit strategy after obtaining citizenship through real estate investment in Antigua and Barbuda is a prudent step for investors. Options include resale on the local or international market, property management for rental income, exchange or barter agreements, gifting or inheritance, partial sales, private sales, real estate auctions, or considering the achievement of residency or visa objectives. Professional guidance and adherence to legal and tax requirements are essential in tailoring an exit strategy that aligns with your evolving priorities and circumstances.

      How can MigrateWorld help you get citizenship by real estate investment?

      Migrate World is your dedicated partner in the pursuit of Antigua and Barbuda citizenship through real estate investment. Our experienced team expertly navigates the intricate application process, offering support from initial consulting and property selection to application processing and due diligence management. We handle all aspects of your Antigua and Barbuda citizenship by investment journey, ensuring your investment goals become a reality. With personalized guidance, we take pride in assisting you on the path to becoming a citizen of Antigua and Barbuda.

      List of Countries Offering Citizenship by Real Estate Investment

      Several countries worldwide offer citizenship by investment (CBI) programs that include real estate investments as a pathway to citizenship. These programs vary in terms of investment requirements, benefits, and eligibility criteria.

      Frequently Asked Questions

      Although it is not compulsory for foreign investors to possess a local bank account when acquiring property, it's a good idea to open one after ownership to manage property-related matters more easily.

      The timeframe to obtain Antigua and Barbuda citizenship by investment  can vary but typically ranges from approximately 3-6 months from the submission of the application.

      Prime real estate locations in Antigua and Barbuda include the capital district of St. John on the main island, known for its development and population. St. Philip offers tourist attractions like Half Moon Bay and Long Bay Beach, while St. Mary boasts the historic English Harbour. The island of Barbuda is renowned for its tranquil, pristine beaches, making it an appealing option for those seeking a serene Caribbean experience.

      The physical presence of the investor is not mandatory at any point during the process of obtaining Antigua and Barbuda citizenship. Applicants will receive the necessary documents through a licensed agent.

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