ANTIGUA & BARBUDA GOLDEN VISA
Antigua & Barbuda is an independent Commonwealth state in the Eastern Caribbean. Following its independence from Britain in 1981, Antigua’s key industry is tourism and related service industries. The next largest employers are the financial services industry and the government.
With some 365 beaches of clean clear turquoise waters, the lush tropical island of Antigua is an inviting paradise and considered to be one of the most beautiful places in the world. As a result, tourism is the key driver of GDP and generates around 60% of the island’s income, with key target markets being the US, Canada and Europe.
Benefits of Antigua and Barbuda Citizenship
An Antigua and Barbuda passport provides visa-free or visa-on-arrival access to 151 destinations including Hong Kong, Singapore, the UK, and Europe's Schengen Area
Applicants are able to include a spouse, children under 31, parents and grandparents aged 55 and over, and unmarried siblings of the main applicant and/or their spouse of any age, as well as to add dependents after they have been granted citizenship.
Antigua and Barbuda is a member of the Commonwealth, entitling citizens to certain privileges in the UK and other member states
The nation is an attractive place to live or to own a second home in, with excellent air links to North America and Europe
Antigua and Barbuda Citizenship-by-Investment Program Options
Investors must choose one of the following three investment options (excluding processing fees):
A) An investment of at least US$ 400,000 in an approved Antigua real estate project to be held for a minimum of five years, OR
B) An investment of at least US$ 1,500,000 directly into an eligible business, OR
C) A non-refundable contribution (donation) in the amount of at least US$ 100,000 to the country's National Development Fund.
The principal applicant may include a spouse, dependent children and parents on the same application. Processing time in Antigua & Barbuda can be as fast as five to six months
Procedures and time frame
The government authority responsible for administering the program, the Citizenship-by-Investment Unit (CIU), is responsible for the processing of all applications. The CIU examines the application thoroughly and, if deemed necessary, may request the applicant to attend an interview.
The CIU undertakes strict due diligence checks and will decline an application if the applicant makes a false statement or omits any relevant information in the application. The documentary requirements of the Antigua and Barbuda Citizenship-by-Investment Program are reasonable, and the procedures are straightforward. Once the application is approved, passports can be collected in Antigua and Barbuda. It is estimated that the process will take between three and four months from the submission of the application to issuance of the passport, assuming there are no areas of concern with the application.
There is a requirement to reside in Antigua and Barbuda for a minimum of five days during the first five years of obtaining citizenship. However, the CIU has temporarily suspended this requirement due to the various travel restrictions resulting from the COVID-19 pandemic. This suspension will expire on 31 August 2021. Under the real estate option, the time frame may vary depending on the project. Therefore, it is important to select a real estate project that can provide the necessary paperwork required from the developer for the citizenship application.
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