Overview of Antigua and Barbuda’s Citizenship by Investment ProgrammE
Antigua and Barbuda’s Citizenship by Investment programme was first launched by the government in 2013. The programme helps Antigua attract direct foreign investment to the country, boosting economic growth across the nation and fund key community-focused projects and infrastructure. High-net-worth individuals and their families from all over the world apply for the programme to increase their global mobility and obtain a ”Plan B” passport. Successful applicants will be granted Antiguan citizenship and a passport which will enable them to gain visa-free travel to more than 160 countries worldwide.
How to Obtain Antigua Citizenship through Investment
The citizenship by investment programme for Antigua and Barbuda provides a second passport to investors offering visa-free travel to over 160 countries including the UK, EU Schengen zone, Hong Kong and Switzerland. There are several options for investment to gaining citizenship in Antigua. Investors can choose to contribute $100,000 to the Antigua National Development Fund or invest $400,000 in a government approved real estate project. For connected investors this can be reduced to $200,000. Applicants also have the option to invest $1.5m in establishing a business ($5.0m for two or more investors).
Antigua Citizenship by Investment Requirements
In addition to making the necessary investment or donation there are several requirements that applicants must meet when applying for Antigua and Barbuda’s Citizenship programme.
Family members can be included in the application for citizenship. The main investor can include:
- Dependent Children up to 30 years
- Dependent parents over 55 years, of the principal applicant, or of his or her spouse
- Unmarried siblings of the principal applicant, or of his or her spouse.
Due Diligence Requirements
All applicants will need to be of good character and undergo the government’s due diligence formalities: Investors must provide
- Police Reports – evidence of a clean criminal record
- Have no outstanding visa refusals
- Various documentation, including financial documents, employment/ business documents, ID, proof of address
Minimum Stay Requirements
Once applicants have successfully obtained Citizenship in Antigua there is a minor minimum stay requirement to spend at least five days in Antigua within the first five years. Citizens of Antigua and Barbuda have the right to live, work or study in Antigua, if they wish to. There is no interview or language test required and the entire application can be completed remotely.
How Much Does Antigua’s Citizenship by Investment Programme Cost?
Antigua Citizenship by Donation – National Development Fund
The most cost-effective way to gain Antiguan Citizenship is via a donation to the countries National Development Fund. The minimum investment required is $100,000 for a single applicant, $100,000 for families up to 4 members and $125,000 for families of 5, plus fees. This is one of the lowest cost citizenship programmes in the Caribbean for families. Additional due diligence and processing fees are also applicable and will vary depending on the applicant’s age and the size of their family.
Antigua Citizenship by Donation – The University of the West Indies Fund
The University of the West Indies Fund is an alternative donation route which is open to larger families of six members or more. Families of six can make a contribution to this fund from $150,000, plus fees. The fund provides crucial financing of the Universities fourth campus. Participation in this programme will entitle one member of the family to a one year, tuition only, scholarship at the University of the West Indies. Applicants will have a five-year period to utilise the scholarship, which is great if your child is not yet of university age but you wish to begin the citizenship process.
Antigua Citizenship by Real Estate Investment
For the real estate route, applicants must invest in a government-approved real estate development for a minimum of $400,000, plus fees. This investment can be reduced to $200,000 for share investment in certain real estate projects. The investment must be held for a minimum holding period of five years, after which it may be liquidated.
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How Long Does It take to Get Citizenship by Investment in Antigua?
Applications for Antigua’s Citizenship by Investment programme typically take around 3-4 months to be processed from the date the applicant’s file is submitted to Antigua’s Citizenship by Investment Unit (CIU). Most applicants take an average of 2-6 weeks prior to this to gather all their documentation. La Vida’s in-house processing team will assist applicants with this entire process and the application can be filed remotely, no need to travel.
La Vida is an authorised representative (Licence No. AB13092018) for the Antigua and Barbuda programme and we can provide a copy of our letter of appointment from the government for any potential applicant wishing to work through our company.
Benefits of Antigua’s Citizenship by Investment Programme
Once investors have successfully been granted Antiguan Citizenship, they will be issued with a Antigua and Barbuda passport. Antigua passport holders benefit from visa-free access to 160 countries and territories worldwide according to La Vida’s Unique Passport Investment Report. This represents over a third of the world’s GDP and almost 70% of worldwide travel popularity. Antigua passport holders have visa-free access to the EU Schengen zone, UK, Hong Kong, Singapore and more.
Read more in our Antigua Passport Investment Report.
- Security of a Plan B Passport
- Visa-Free Travel to 160 countries and territories worldwide
- Live, Work and Study in Antigua and other CARICOM nations
- Diversify your assets outside of your current region
- No requirement to relocate to Antigua once obtaining the citizenship
- No interview process
- Tax-free incentives for residency
Advantages of Adding aN Antigua and Barbuda Passport
When investing for a second citizenship and passport it is important to understand exactly how your existing passport combines to provide visa-free access worldwide. Not only measuring the number of visa free destinations but giving weight to the importance and popularity of those destinations. Only La Vida provides such comprehensive analysis for the Antigua Passport and for passports through other citizenship investment programs by using sophisticated measures developed for business and leisure travel. Contact us and speak to one of our advisors for your free report tailored to your existing citizenship and passport.
Buying Real Estate Antigua
Located in the Caribbean Sea, the Islands of Antigua and Barbuda offer a tropical paradise with stunning beaches, crystal-clear blue waters and year-round warm temperatures. With its many benefits for investors, buying real estate in Antigua can be a great option for those looking to make a either a long-term investment or simply buy a holiday home. Antigua has some of the most desirable landscapes and views in the Caribbean, a thriving economy, and access to amenities like golf courses, marinas and a array of luxury resorts. Please contact us for further details on the available options.
How Can La Vida Help You?
Only certain international agents are authorised to promote Antigua’s CBI programme although many operate as sub agents. La Vida is approved by Antigua and Barbuda’s government to promote the Antigua Citizenship by Investment programme directly as we are for the other four Caribbean countries offering citizenship through investment. The Antigua CIU approved just short of 500 main applicants in 2021 making it one of the most popular options in the Caribbean. Over 50 of these applicants came through La Vida. As one of the largest international agents for the Antigua Citizenship Investment Program we can provide potential applicants with the necessary experience and advice on Citizenship by Investment for Antigua and other Caribbean options.
La Vida is one of the world’s leading investment migration companies and has extensive global reach with our expert team having helped clients in over 120 countries worldwide. Contact Us Today