Three islands make up the tropical but arid nation of Antigua and Barbuda in the Eastern Caribbean. The biggest, Antigua, offers isolated bays, sandy beaches, coral reefs, and volcanic rocks that rise to Mount Obama’s elevation of roughly 400 meters. Redonda, a tiny island, is rocky and uninhabited, while Barbuda is a flat, coral island with a sizable lagoon.
A recently announced citizenship by investment scheme in Antigua and Barbuda allows investors to directly get citizenship and a passport by making a charitable donation or buying real estate. The nation joins Dominica and St. Kitts and Nevis in having a functioning citizenship scheme. With gorgeous beaches and a luxurious environment, Antigua & Barbuda is one of the most picturesque island nations in the Caribbean where you may spend your summer holiday.
Within 4 to 6 months of making the investment, you can get an Antigua and Barbuda Passport, and a Commonwealth Passport. You have two investing options: contributing non-refundable funds to the National Development Fund or purchasing real estate.
Future generations can inherit an Antigua and Barbuda Passport, allowing the entire family to take advantage of its many advantages. Barbuda Passport benefits include an advantageous tax environment, access to top-notch healthcare and education, as well as prospects for doing business internationally. Additionally, passport holders from Antigua and Barbuda are eligible for visa-free travel to more than 150 nations, including the UK and Schengen nations.
Antigua & Barbuda Citizenship by Investment
While being new in comparison to other Caribbean citizenship programs, Antigua and Barbuda’s citizenship by investment program has a great reputation. It was launched in 2014. The island nation of Antigua and Barbuda is renowned for its stunning green woods, tranquil, lush landscapes, and reef beaches. From Miami, Florida, Antigua and Barbuda are just a three-hour flight away in the Caribbean.
Following due diligence and making the required financial contribution or real estate investment under the Citizenship by Investment Program, applicants can get Antigua and Barbuda citizenship and a passport within 4 months.
The total number of nations to which holders of Antigua and Barbuda passports are permitted entry without a visa as well as nations to which holders of those passports are permitted entry either by obtaining a visa on arrival or by obtaining an electronic travel permit are used to determine the country’s ranking for passports from other nations. Travelers with passports from Antigua and Barbuda are now permitted to enter 120 countries without a visa, 28 countries enable them to obtain a visa upon arrival, and 2 countries accept electronic travel permits for travelers from Antigua and Barbuda.
Passport holders from Antigua and Barbuda can travel to 150 different countries without a visa by using e-travel licenses, visas that are issued at the airport, or both. These outcomes place the passport of Antigua & Barbuda at number 29 in the world.
Tax implications
Antigua and Barbuda’s residents and citizens benefit from comparatively permissive tax laws. On worldwide income or assets, there are no capital gains taxes, inheritance taxes, income taxes, or wealth taxes.
Only money earned in Antigua and Barbuda will be subject to taxation for anyone who is visiting the nation temporarily. A tax holiday on profits for up to 20 years and a waiver of import or export customs duties are only a couple of the appealing concessions that are available to qualified businesses. However, the tax legislation will convert the taxation of worldwide income to taxation limited to locally sourced income. However, all properties are subject to property tax.
The appropriate tax rate depends on whether the property is classified as residential or commercial, and the taxable value is calculated using the property’s current market value less the cost of construction.
Investment Options for Antigua and Barbuda Citizenship by Investment
Antigua & Barbuda’s Citizenship by Investment program requires investors to contribute to the National Development Fund or invest in Real Estate projects or a government-approved business in return for a citizenship and passport.
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 for a minimum of US$200,000 will be considered a qualifying investment.
Contribution to NDF
The government has recently reduced the required contribution amount to only $100,000 USD (family of 4) and $125,000 USD (family of 5 or more).
We offer you citizenship by investment programs, company formation services, and an array of options that allow you to secure citizenship and obtain additional passports without residency obligations.
Benefits of Antigua and Barbuda Passport by Investment:
- Straightforward, simple investment plans
- Processing time 3-6 months
- No landing required
- Visa Free access to 145+ countries (UK; EU)
- No personal or worldwide income tax
- Dual citizenship permitted
- Limited residency requirement; 5 days in a 5-year span – Requirement removed for dependent children below 18 years old
- Inclusion of dependent children under 28 years and dependent parents aged 58 years and above The limited number of documents to be submitted.
How to Be Eligible for Citizenship in Antigua and Barbuda
- The primary candidate for citizenship in Antigua and Barbuda must be at least 18 years old.
- Candidates must not have any criminal history
- Must provide evidence of the investment's funding source.
- Dependent young people under 30
- Dependent grandparents/parents who are older than 55
- Dependent siblings who aren't married
- Must go through verification procedures to receive permission.
CAN PASSPORTS FROM ANTIGUA AND BARBUDA ENTER EUROPE VISA-FREE?
Visa-free travel is possible to more than 130 nations with an Antigua and Barbuda passport, including the Schengen region, the United Kingdom, Hong Kong, Singapore, and more.
How do I become a citizen of Antigua and Barbuda?
You can become a citizen through the following programs:
- The acquisition of real estate from a project that has received approval, with a minimum purchase price of USD $200,000. Each application must invest at least USD 200,000 to be eligible for joint investment with another applicant. The property cannot be sold within the five-year window.
- The direct acquisition of a qualifying firm by an individual for a minimum of USD 1.5 million. Alternatively, a combined purchase in which each party contributes at least USD 400,000 and the sum is at least USD 5 million.
- A minimum nonrefundable payment to the National Development Fund of USD $100,000
- A minimum non-refundable donation of to the University of the West Indies of USD 150,000
How much does Antigua citizenship cost?
If you want to become a citizen of Antigua and Barbuda through the business investment route, you must invest at least $1.5 million in one of the businesses listed under the Citizenship by Investment program. For citizenship, applicants may also make a joint investment.
How long does it take to get citizenship in Antigua?
A powerful second passport can be obtained in Antigua in just four to six months for qualified people and families that donate at least $100,000 USD or invest at least $400,000 USD in authorized real estate
How powerful is the Antigua passport?
According to the Guide Passport Ranking Index, the Antiguan passport is now ranked 29th out of all passports in the world.
DO I HAVE TO REGARD LOSS OF MY CURRENT CITIZENSHIP?
No limitations on dual citizenship exist in Antigua & Barbuda. You may need to confirm, nevertheless, whether dual citizenship is allowed in your present country of residence.