AID Consultants | Citizenship by Investment in Antigua And Barbuda

Antigua & Barbuda consist of two major islands and a number of smaller islands lying between the Caribbean Sea and the Atlantic Ocean. The shorelines of both islands are greatly indented with beaches, lagoons, and natural harbors. The islands are rimmed by reefs and shoals.

This sun-soaked Caribbean beauty is also one of the Caribbean’s most prosperous nations, thanks to its tourism industry and offshore financial services. It is also popular for the magnificent ‘carnival’ a ten- day festival of colorful costumes, beauty pageants and especially good music.

Life in Antigua is and quiet; a walk on the beach every day and spend your days in beautiful indolence. Just 20 minutes by air or three hours by boat from Antigua, Barbuda makes its big sister look like a hub of activity.

A Few Facts about the Country

Total Area

Antigua 280 sq km; Barbuda 161 sq km; Redonda 1.6 sq km

Population

100,963 (2015)

Currency

Eastern Caribbean dollar (EC$)

Languages

English

Ethnic Groups

African (Black), Multiracial, European(White)

Exchange Rate

(as of June 2018): US$ 1.00 = EC$ 2.70

Why Antigua & Barbuda - Benefits of Citizenship

Citizenship for life, including an unlimited number of eligible dependents, passed down to generations and newborns (applicants are not required to visit or reside on the island)
Passports are issued in approximately 4 – 6 Months of filing an application
Tax free income, capital gains, gift, wealth and inheritance tax
Visa Free Travel to over 130+ countries including: Austria, Belgium, United Kingdom, Denmark,Finland, France, Germany, Italy, Greece, Luxembourg, Netherlands, Portugal, Spain, Sweden, Switzerland and most British Commonwealth countries
Full residency status and the right to work in Antigua & Barbuda
Dual citizenship is permitted and open to all nationalities without the requirement of renouncing your current nationality/citizenship.
Business haven with a generous tax regime where the currency is pegged to the US dollar. Additionally, trading in the Caribbean is duty free
Family security is ensured as the spouse, children and elderly parents will also obtain citizenship
Easy accessibility from London, New York, Miami, Charlotte, San Juan and various parts of the World
A 5-day residency is required over the five years period. (all at once or in parts.)

Citizenship by Investment in Antigua And Barbuda are offered in 2 ways;

The National Development Fund (NDF) (Non-Refundable Contribution):

A Non-Refundable Contribution as Follows is required:

US$ 100,000 for a Single Applicant or for a family of 4 or less
US$ 125,000 for a Family of 5 or more

In addition to the Donation Amount, the following fees are applicable:

Due Diligence Fees:

US$ 7,500 for the main applicant
US$ 7,500 for a spouse
US$ 2,000 For dependents between the age of 12 – 17
US$ 4,000 For Dependents aged 18 and above

Government Processing Fee per Application:

US$ 25,000 for a Single Applicant or a family of 4 or less and
US$ 15,000 for each additional qualifying dependent

Passport and Citizenship Certificate Fees:

US$ 300 per person

Legal and Professional Fee:

Subjected to the number of dependents and varies from case to case basis. A detailed quotation will be provided upon request.

A Real Estate Investment:

The property purchase must be of a minimum of US$ 400,000 from a government approved real estate development project.
The property ownership must be maintained for a minimum period of 3 years (5 Years should the new buyer wish to apply for Citizenship)
Retain your citizenship even if you sell or transfer your investment after the 3 years holding period and recoup your costs. After a 5 Years the new buyer will also be afforded all the same benefits as well as citizenship.

In addition to the Investment Amount, the following fees are applicable:

Due Diligence Fees:

US$ 7,500 for the main applicant
US$ 7,500 for a spouse
US$ 2,000 For dependents between the age of 12 – 17
US$ 4,000 For Dependents aged 18 and above

Government Processing Fee per Application:

US$ 50,000 for a Single Applicant or a family of 4 or less
US$ 15,000 for each additional qualifying dependent

Passport and Citizenship Certificate Fee:

US$ 300 per person.

Legal and Professional Fee:

Subjected to the number of dependents and varies from case to case. A detailed quotation will be provided upon request.
An additional amount of 1% – 5% of the investment amount maybe applicable on a property purchase as registration fee.