6 Reasons Why Investors Choose the Antigua and Barbuda Citizenship Program
September 9, 2019 - Antigua and Barbuda
The twin island nation of Antigua and Barbuda launched its Citizenship by Investment Program with the passing of the Citizenship by Investment Act 2013.
The program has since emerged as one of the most desirable citizenship by investment options due to the robust due diligence standards employed and several checks and balances put in place to protect the long-term benefits citizens enjoy.
Here are 6 reasons why Antigua and Barbuda continues to rank among the most popular choices for the discerning investor in citizenship:
One of the Most Affordable Programs for Families
Investment in the Antigua and Barbuda Citizenship by Investment Program is equally affordable for individuals and families under the NDF option. The contribution for a single applicant or a family of up to four people is just USD100,000, with a processing fee is USD25,000. For a larger family, the NDF contribution increases to USD125,000, with processing fees of USD25,000 for the main applicant and the first three dependents. There is an additional fee of USD15,000 for the fifth and each additional dependent thereafter.
Highly Competitive Real Estate Investment Option
Under a Limited Time Offer (LTO) valid until 31st October 2019 – 2 applicants from related parties can make a joint investment in real estate, with each applicant investing a minimum of USD 200,000 in order to qualify for citizenship. The option allows investors to acquire an asset that can be resold at the end of the holding period of 5 years to recoup part of their investment.
Passport is Among the Top 25 Most Globally Mobile
The Antiguan and Barbudan passport is ranked among the top 25 most globally mobile passports in the world, allowing visa-free travel to 135 countries including the UK, the Schengen Zone, Hong Kong and Singapore.
Stringent Criteria for Applicants from Restricted Countries
The Antigua and Barbuda Citizenship by Investment Program does not consider applicants from countries currently on the international restricted countries list such as Afghanistan, Iran, Iraq, North Korea, Somalia, Yemen and Sudan unless applicants migrated before the age of majority and/or have maintained permanent residence in Canada, the United Kingdom, the United States of America, Australia, New Zealand, Saudi Arabia or the United Arab Emirates, for a period of not less than 10 years and maintain no economic ties to any restricted country.
Requirement to Build Real Ties with the Nation by Visiting Antigua and Barbuda within 5 Years of Gaining Citizenship
One of the primary criticisms of citizenship by investment programs worldwide is the lack of real connections between investor citizens and the nation granting citizenship. With the case of Antigua and Barbuda, once citizenship is granted, individuals have to visit Antigua and Barbuda for 5 days within 5 years of gaining a passport. This essential step lends a further check to the system and strengthens the credibility of the program.
It additionally allows citizens to gain a deeper connection with their new home nation. It has also granted wealthy individuals exposure to opportunities to invest in the twin island nation and contribute to its growth and development.
A Jewel Among the Eastern Caribbean Nations
Antigua and Barbuda is considered to be one of the best connected and economically vibrant nations in the Eastern Caribbean. The island’s VC Bird International Airport is one of the most modern and well-connected regional hubs with direct flights to Europe, the Americas and the UK, as well as other neighboring Caribbean islands. CIP-funded real estate projects are helping build an internationally-competitive tourism sector that complements the island’s natural beauty and reputation as the nation of 365 beaches, and home to an internationally-feted Sailing Regatta held each year. The well-developed tourism offering of Antigua and Barbuda ensures that real estate investments hold their value and are considered amongst the most robust long-term investments in the Eastern Caribbean.
PassPro Immigration Services is a Government Authorized Representative for the Antigua and Barbuda Citizenship by Investment Program. If you would like more information on investment routes or to check your eligibility to invest in a second citizenship, please email [email protected], call +97145541449 or fill in the form below and our team of consultants will be happy to guide you.
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