Antigua and Barbuda Citizenship

LOCATION
Caribbean, islands between the Caribbean Sea and the North Atlantic Ocean, east-southeast of Puerto Rico

CAPITAL
Saint John’s

TIME DIFFERENCE
UTC -4

TOTAL AREA
442.6 km2

AGE DEMOGRAPHICS
0-14: 24.7%, 15-64: 68.1%,
65+: 7.1%

LANGUAGES
English (official), local dialects

RELIGIONS
Protestant, Roman Catholic and other Christian

GOVERNMENT TYPE
Constitutional monarchy with a parliamentary system of government and Commonwealth realm

CURRENCY
East Caribbean dollars (XCD)

EXCHANGE RATE:
1 USD = 2.7 XCD (2012)

Antigua

90,156
Population Growth
1.26%
20,000 USD
GDP ( per capita)
GDP (purchasing power parity)
1.605 billion USD (2012)
131
Visa free countries

The largest of the English-speaking Leeward Islands attracts with its mesmerizing beaches of the finest white sand and azure waters. Join the family of celebrities who chose the island as a place for winter houses and neighbor with Oprah Winfrey, Eric Clapton, and many more.

Qualifications

The Citizenship-by-Investment Program was established in 2012 making it the most recent program of its kind.

The Program offers many benefits in exchange of several requirements that applicants must meet. To qualify for citizenship in Antigua and Barbuda, applicants need to fulfil one of the investment requirements outlined in the “Investment Options” section, in addition to the following criteria:

  • Be of outstanding character;
  • Hold no criminal record;
  • Have excellent health;
  • Have a high personal net worth;
  • Reside (with the family members who are included in the application) in the country for a minimum of 35 days within a period of 5 years after being granted citizenship.

Why Choose Antigua and Barbuda?

The combined size of 442 sq. km and population of over 90,000 people, make Antigua and Barbuda the 9th largest country by size in the Caribbean. This economic citizenship program facilitates you and your family’s comfort of visa free travel to more than 100 countries.

Antigua and Barbuda recognizes dual citizenship, which can give you an advantage on business expansion and tax relief among other benefits:

  • Fast processing within 3-4 months;
  • Inclusion of dependent children under 25 years, and dependent parents over 65 years;
  • No requirements to travel to Antigua and Barbuda during the application process;
  • No interview, education or managerial experience required;
  • Visa-free travel to more than 100 countries, including the Schengen Zone, Canada, UK, Hong Kong, Singapore and others;
  • No tax on worldwide income.

Investment Options

Being proactive in facilitating investors, the Government has adopted the Citizenship-by-Investment Program as one of the mechanisms to promote economic growth, attract developments, increase the inflows of foreign direct investment in the country, support the development of infrastructure, and provide for sustainable future. As a result of the implementation of this strategy, investors can choose between different instruments to qualify for the Citizenship-by-Investment Program.

  • National Development Fund Contribution or charitable donation
    High net worth individuals may choose to make a monetary contribution of US$250,000 to the National Development Fund or an approved charity. Note that as a limited time offer the Government reduced this amount to US$200,000 for the applicant.
  • Real Estate Investment
    The property purchased must equal a minimum of US$400,000 in a pre-approved real estate development area. The investment must be maintained for a minimum of 5 years. Property registration, processing fees and taxes must be paid in addition to the property purchase.
  • Establish business
    An applicant may invest US$1,500,000 to establish a business and qualify to apply for citizenship. Two or more applicants can make a joint business investment where the individual threshold must equal a minimum of US$400,000 and the total investment must equal a minimum of US$5,000,000.

Application Fees

Advisory fees associated with the program are US$30,000 for a single applicant, US$35,000 for a family of two (main applicant + spouse) and US$2,500 for each additional dependent.

Fees are based on the number of dependents, country of origin, residence and other retained services, as well as service and legal fees related to the submission of citizenship and passport application for the main applicant. The advisory fees are non-refundable and are payable in two equal instalments.

All application fees charged by the government of Antigua and Barbuda and by Sovereign are subject to change. These fees depend on the number of applicants and the complexity of the process. contact us at info@SovereignGroup.com if you have any questions or need more information.

Additional Fees

Applicants and their families will also have to pay the following fees depending on the size of the family for either of the investment options: PROCESSING FEES

  • US$50,000: Main applicant
  • US$50,000: Spouse
  • US$25,000: Dependent child below 18
  • US$50,000: Dependent above 18

Steps and Timeline

The following table breaks down the Antigua and Barbuda program process into six basic steps. Each step must be completed before continuing to the next.

  • STEP 1
    File preparation. You are issued with a pre-approval letter. Advisory and due diligence fees are due at this step.

  • STEP 2
    Citizenship file submission.

  • STEP 3
    Government’s Citizenship-by-Investment Unit issues “Approved in Principle” letter.

  • STEP 4
    Investment made in selected option. Payment of government fees, if applicable.

  • STEP 5
    Naturalization certificate is issued.

  • STEP 6
    Submission of passport application. Passport issued.

For more information email info@SovereignGroup.com or click here to find your nearest office.


DISCLAIMER – © The Sovereign Group 2014

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, this information does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.


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Tel: +350 200 76173