Antigua & Barbuda

ABOUT

In 1981 Antigua and Barbuda became an independent nation, but it is still British in many of its traditions, The capital is St.john`s on Antigua.

Antigua and Barbuda have a service-based economy, agriculture was the mainstay of the economy, has been largely supplanted by international tourism from key markets such as Miami, New York, London, and Toronto.

Antigua is famous for its 365 beaches, one for every day of the year. Its rich history and spectacular topography provide a variety of popular sightseeing opportunities including Nelson’s Dockyard, which is a stunning example of a Georgian Fort and is Antigua and Barbuda’s most renowned landmark. Other places of interest include English Harbor, a historical district of 15 square miles in Nelson’s Dockyard National Park; Shirley Heights, which has an array of military buildings overlooking English Harbor; and Betty’s Hope, which was built in 1674 and is the site of one of the first full-scale sugar plantations on Antigua. Several museums tell the story of Antigua and Barbuda from its geological birth.

Key Advantages of Antigua and Barbuda

ADVANTAGES:

The most affordable option for families.
Well established lifestyle destination in the Caribbean.
Developed the expatriate community.
The most modern international airport and hub in the region with easy access from Europe & North America.
Real Estate investment can be resold in 5 years and qualify a new purchaser for citizenship (reduces the risk of property value depreciation).

CHALLENGES:

5-day residency requirement (within the first 5 years of obtaining citizenship) for all applicants over 18 yrs old.
10% of the government processing fee for each applicant is due upon submission of the application and is non-refundable.
Restricted nationalities: Afghanistan, Iran, Iraq, North Korea, Somalia, Sudan, Yemen, unless Individuals migrated before the age of majority and/or have maintained permanent residence for at least 10 years in Canada, UK, USA, Australia, New Zealand, Saudi Arabia, or UAE and maintain no economic ties to any restricted country (as of April 2018).
Adult passport validity for 5 years.
Oath of Allegiance required prior to renewal of passport.

The National Development Fund (NDF) is a non-profit fund established for the purpose of funding government-sponsored projects including public-private partnerships and approved charitable investments. Acquisition of citizenship under the NDF investment option requires a contribution to the NDF in the minimum sum of US$100,000 per application*. The contribution is in the form of a one-time payment.

Citizenship Fees – Donation to NDF .

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Government Due Diligence Fees (Fees are non-refundable and are due upon submission of application to the Citizenship - by - Investment Unit)	$7,500 principal applicant. $7,500 spouse. $0 each dependent child aged 0-11. $2,000 each dependent child 12-17. $4,000 each dependent over 18.
Minimum Investment (Investment is due upon official approval in principle from the Citizenship –by- Investment Unit)	*Special Offer valid until October 31, 2019:** $100,000 main applicant with spouse and up to 2 other qualifying dependents. $125,000 main applicant with 4 qualifying dependents or more. * As from November 1, 2019 Donation minimum will revert to US$200,000
Government Fees (10% of the government fees are payable and non-refundable upon submission of your application with the balance due following receipt of an approval letter)	In addition to the National Development Fund Donation, the following Government Fees apply: $25,000 main applicant with up to 3 dependents. $15,000 per each additional qualifying dependent.

A minimum investment of US$400,000 qualifies foreign nationals to obtain full citizenship and a passport for Antigua and Barbuda. The real estate investment route is the only option that enables investors to claim domicile immediately, if desired, and recover funds used to acquire citizenship. Investors have the option to rent their property through an established hotel operator or an experienced management company, earn monthly rental income, and sell the property once the 5-year mandatory holding period has expired. Terra Realty International Ltd, a division of Corporate Solutions Ltd, provides expert, independent real estate advisory services to clients worldwide who are seeking Citizenship-by-Investment.

Once an applicant’s application for citizenship is approved in principle (approximately 90–120 days from the date of submission of documents to Government), and the requisite investment is made, the applicant, along with eligible family members, will become lifetime citizens of Antigua and Barbuda.

Real Estate .

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Government Due Diligence Fees (Fees are non-refundable and are due upon submission of application to the Citizenship-by- Investment Unit)	$7,500 principal applicant. $7,500 spouse. $0 each dependent child aged 0-11. $2,000 each dependent child 12-17. $4,000 each dependent over 18.
Minimum Investment in a government-approved real estate project (Investment is due upon official approval in principle from the Citizenship–by-Investment Unit)	Minimum investment: $400,000 qualifies 1 family. $400,000 qualifies 2 families. RE can be resold in 5 years under CBI
Government Fees (10% of the government fees are payable and non-refundable upon submission of your application with the balance due following receipt of an approval letter)	In addition to the real estate investment paid to the Developer, the following Government Fees apply: $50,000 main applicant with up to 3 dependents. $15,000 per each additional qualifying dependent.

Investors may also obtain Citizenship-by-Investment by making an investment in an approved business of at least US$1,500,000. Two or more persons can make a joint investment in an approved business totaling at least US$5,000,000, and each of those persons individually must propose to contribute at least US$400,000 to the joint investment.

This application process is similar to the NDF in that after submitting 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 required to pay the balance of the government processing fees and your business investment amount within a 30-day period. Due to the varied nature of such investments, any escrow agreements 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.

Eligible Business .

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Government Due Diligence Fees (Fees are non refundable and are due upon submission of application to the Citizenship-by-Investment Unit)	$7,500 principal applicant. $7,500 spouse. $0 each dependent child aged 0-11. $2,000 each dependent child 12-17. $4,000 each dependent over 18.
Minimum Investment (Investment is due upon official approval in principle from the Citizenship-by-Investment Unit)	A minimum investment of $1,500,000 directly into an eligible business.
Government Fees (10% of the government fees are payable and non-refundable upon submission of your application with the balance due following receipt of an approval letter)	In addition to the investment in an eligible business, the following Government Fees apply: $50,000 main applicant with up to 3 dependents. $15,000 per each additional qualifying dependent.

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 Oct 12, 2018.

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 and Barbuda citizenship by making $150,000 one-time contribution to the UWI fund.

UWI fund Donation .

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Government Due Diligence Fees (Fees are non refundable and are due upon submission of application to the Citizenship-by-Investment Unit)	$7,500 principal applicant. $7,500 spouse. $0 each dependent child aged 0-11. $2,000 each dependent child 12-17. $4,000 each dependent over 18.
Minimum Investment (Investment is due upon official approval in principle from the Citizenship-by-Investment Unit)	For a family of four (4) persons or more: US$150,000 (minimum number of persons per application is 4). One (1) member of the family will be entitled to a one year, tuition only, scholarship at the University of the West Indies.
Government Fees (10% of the government fees are payable and non-refundable upon submission of your application with the balance due following receipt of an approval letter)	In addition to the Donation, the following Government Fees are Applicable: $25,000 main applicant with up to 3 dependents. $15,000 per each additional qualifying dependent.

Donation to the NDF