Citizenship by Investment
Antigua and Barbuda offers one of the best citizenship by investment in the Caribbean. The scheme is more popular with China, Bangladesh, Middle East and Asian clients
Citizenship Benefits
- Beautiful caribbean country with white sand and blue waters for exotic holidays.
- Lifetime citizenship for family and children with one time investment.
- Direct citizenship in Caribbean country.
- Visa free travel to EU schengen countries including UK and Ireland.
- No wealth, inheritance, personal income taxes.
- No personal visit required
- No requirement to live in Antigua before or after getting citizenship.
- No interviews, business experience or language tests.
- Fast 3 months processing time for citizenship.
- Best second passport for travel.
- Free movement in the caribbean CARICOM countries.
- Freely hold dual or multiple citizenship with other countries.
- Investments in business ($1,500,000) or real estate ($400,000) also qualify for citizenship
New Update: Antigua and Barbuda Government has announced extension 50% discounted price of $100,000 (instead of $200,000) until Oct 2019
Qualifying Investments for Citizenship
Under the Citizenship program, there are following investment options:
- USD 100,000 donation to National Development fund (NDF) effective Nov 1, 2017 (or)
- USD 150,000 University Fund option effective from May 2020 (only family of 6 or above can apply)
- USD 400,000 investment in real estate (or)
- USD 1,500,000 business investment (or)
Additional costs for dependents are extra.
The passport is granted for 5 year validity period after that it can be renewed. To renew after 5 years, you must have visited Antigua for about 5 days.
1. NDF Contribution
- US$100,000 contribution – Single applicant, or a family of 4 or less (Processing fees: US$25,000)
- USD 125,000 – Family of 5 or more (Processing fees: US$25,000)
Single | Family of 4 persons | Family of five or more | |
Processing fees | $25,000 | $25,000 for a family of up to 4 persons | $25,000 for a family of up to 4 persons with incremental payments of $15,000 for each additional dependent. |
Contribution | $100,000 | $100,000 | $125,000 |
Due Diligence | $7,500 | $7,500 + $7,500 for spouse, $2,000 per dependent 12-17, $4,000 per dependent 18 and over |
$7,500 + $7,500 for spouse, $2,000 per dependent 12-17, $4,000 per dependent 18 and over |
* Other fees payable include passport fees. These fees are subject to change.
* All fees quoted are in US dollars
2. University Fund Option
The Government of Antigua introduced the fourth University of West Indies Fund (UWI fund) option after a cabinet decision is currently open for applications effective from May 2020.
The new university campus is expected to bring economic benefit to the country and will inspire many youths to pursue tertiary education.
Foreigners can qualify for Antigua citizenship by making $150,000 one time contribution to the UWI fund.
- USD 150,000 for a family of four (6) or more (i.e. minimum number of persons per application is 6).
- One member of the family will be entitled to scholarship for 1 year (tuition only) at the University of the West Indies campus.
The Government processing fees
- Waived
Due diligence fees
- USD 7,500 for the main applicant,
- USD 7,500 for the spouse, USD 4,000 for dependents above 18, and
- USD 2,000 for dependent children between 12–17.
Passport fees:
USD 300
3. Real Estate Investment
We have our own inhouse real estate specialist assisting all our clients with easy paperwork in purchasing a real estate in Antigua and Barbuda. The value of purchase must be $400,000 to qualify for Antigua/Barbuda passport. You must hold the real estate for 5 years after which you can sell it in the market and still keep the citizenship.
Joint investment also possible with each contributing $200,000 for real estate. Please note there is additional $50,000 processing fee for real estate and business option. It does not apply for NDF which is the cheapest option.
Full list of approved real estate here
4. Business Investment
The Antigua Citizenship by Investment Unit (CIU) shall after consultation with the Antigua and Barbuda Investment Authority (ABIA) approve businesses, whether existing or proposed, for the purposes of investment in business under the Citizenship by Investment Program.
The two business investment options are:
- Single person investment: Where a person proposes to make an investment in an approved business of at least US$ 1,500,000 on their own behalf.
- Join investment: At least two persons propose to make a joint investment in such an approved business totalling at least US$ 5,000,000, and each of those persons individually propose to contribute at least US$400,000 to the joint investment an application or application for Citizenship by Investment may be submitted on his, her or their behalf through an agent.
Processing fees: US$50,000 for family of four or less and US$15,000 for each additional dependent
The application process is similar to that of the NDF, namely, upon submission of your application you will be asked to pay the due diligence fees and 10% of the government processing fees. Upon receipt of a letter of approval you will be asked to pay the balance of the government processing fees and your business investment amount within a 30 day period. Due to the potential varied nature of such investments any escrow agreement will be negotiated between the parties yet transfer of the investment sums must be made within a 30 day period from issuance of an approval letter.
Approved business projects listed here
Bitcoin
Bitcoin and other cryptocurrencies are accepted for Antigua citizenship by investment program, according to a decision recently announced by Government. This proposal is still in the pipeline yet to be implemented.
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