ANTIGUA & BARBUDA

CITIZENSHIP

Antigua & Barbuda - Citizenship by Investment

English-speaking Antigua and Barbuda are a Caribbean dream retreat with plenty of beautiful beaches, lush vegetation, and natural reefs. Average temperatures range from 25° C to 28° C (77° F to 82° F), there is plenty of sunshine, and the sea is warm enough to swim in all year. Swimming, snorkeling, diving, sailing, sightseeing, bird watching, horseback riding, fine dining, and more are among the many festivals and features enjoyed by an economy that depends on tourism for 60% of its GDP.

After gaining independence from the United Kingdom in 1981, Antigua and Barbuda formed a parliamentary democracy. The country is noted for its judicial and political stability. Taxes are limited to a 15% income tax, a 25% corporate tax (with up to a 20-year reduction), and variable property taxes. A passport entitles you to visa-free travel to over 150 countries. The 3-5 month method of acquiring citizenship can be a worry-free and satisfying experience if you work with IRC's effective and dependable professionals.

Citizenship in Antigua & Barbuda Has Its Advantages

  • Taxes on international earnings, personal earnings, capital gains, and inheritance are all exempt.
  • Over the age of 55, the claimant, their children, spouse, parents, and grandparents are granted full citizenship and passports, with the possibility of financially dependent children up to the age of 30 being granted citizenship and passports.
  • Visa-free travel to 152 nations, including the United Kingdom, the European Union, Hong Kong, South Africa, and all Caricom countries.
  • Dual Citizenship is not limited in any way.
  • Just 5 days of presence are expected within the first five years of citizenship.
  • You have complete access to all this Caribbean jewel has to give for a high quality of life whenever you want it.

What Does It Take to Become a Citizen?

The Citizenship - by - Investment Unit (CIU) in Antigua and Barbuda will grant full citizenship and passport holder status to individuals who make a substantial monetary investment or donation while adhering to the rules set forth by the governing authority. There are three investment opportunities available right now:

  • A property worth at least USD 200,000 was acquired from a government initiative that met the requirements.
  • A non-refundable contribution to the National Development Fund, beginning at USD 100,000.00.
  • A USD 150,000.00 non-refundable donation to the University of the West Indies (only available to families of 6 or more)

Option 1: Real Estate

Purchasing real estate in Antigua and Barbuda is a desirable choice because it provides you with an international asset. You may use the property as a second home or holiday home, or rent it out to earn money. This choice also gives the applicant an address, which is required to open a local bank account. IRC will provide additional assistance with knowledge of the local real estate market and the acquisition of your ideal property, in addition to an enticing selection of choices. For your convenience, all recommended, eligible properties are handled.

The following are the current fees:

  • The minimum investment for a single applicant is $238,275.USD, which includes a minimum property purchase of $200,000.USD plus government, visa, bank, and due diligence fees. The property's additional closing costs are variable.
  • The minimum investment for a family of four or more is $247,000.USD, which includes a minimum property purchase of $200,000.USD plus government, visa, bank, and due diligence fees. The property's additional closing costs are variable.

Option 2: Fund for National Development

The non-profit National Development Fund was established to assist in the funding of government-sponsored programs, public-private partnerships, and charitable organizations.
The following are the current fees:

  • The minimum investment for a single applicant is $138,275.USD, which includes a donation to the NDF of $100,000.USD plus government, visa, bank, and due diligence fees.
  • The minimum investment for a family of four or more is $147,000.USD, which includes a donation to the NDF of $100,000.USD plus government, visa, bank, and due diligence fees.

Option 3:The University of the West Indies (UWI)

The University of West Indies donation, which is only open to families of six or more, starts at USD 150,000 with an additional fee of USD 15,000 per dependent over the age of six.

Legal Requirements 

  • Applicants must be at least 18 years old.
  • During the first five years of citizenship, applicants must spend at least 5 days in the country.
  • Applicants must not be involved in a criminal case or be considered a security or reputational threat.
  • Applicants must not be restricted from traveling to any of the 152 countries that do not need a visa.

For More Information

Please do not hesitate to contact the IRC if you need any additional details. From the beginning to the end of the procedure, we provide technical assistance and maintain a safe transaction. If required, additional assistance in locating and purchasing real estate may be offered.