The Antigua and Barbuda Citizenship Investment Program (CIP) is a government initiative for global citizenship. It allows foreign individuals and their families to invest in the country to obtain citizenship.
The government of Antigua and Barbuda first introduced the Citizenship by Investment program in 2014. It aims to attract foreign direct investment and promote economic growth in Antigua and Barbuda. By participating in the program, individuals can acquire citizenship and enjoy the benefits and privileges associated with being an Antigua and Barbuda citizen.
Antigua and Barbuda Background
Antigua and Barbuda is an independent Commonwealth country located in the Eastern Caribbean, making it a gateway to the Americas. It is an advantageous hub for global business operations, major international markets, and business centers.
The country is renowned for its picturesque beaches, warm climate, and vibrant culture. It offers a high quality of life with a range of recreational activities, including water sports, luxury resorts, and a thriving yachting industry. That’s why tourism accounts for nearly 60% of their GDP.
Antigua and Barbuda Citizenship Benefits
Being a citizen of Antigua and Barbuda, you can enjoy numerous advantages.
- Visa-free or visa-on-arrival travel to around 120 countries and territories worldwide while holding an Antigua and Barbuda passport
- No capital gains tax, wealth tax, inheritance tax, or personal income tax on worldwide income
- No requirement to live in Antigua and Barbuda before or after getting the citizenship
- Allow dual citizenship: individuals can retain their current citizenship while also becoming citizens of Antigua and Barbuda
- A stable political system, low crime rates, and a peaceful environment
Antigua and Barbuda Citizenship by Investment Overview
The following family members of the main applicant can be included in the application for Antigua and Barbuda citizenship:
- Children under the age of 30
- Parents and grandparents over the age of 55
Antigua and Barbuda Citizenship by Investment Options
To qualify for the Antigua and Barbuda Citizenship by Investment Program, applicants must meet certain eligibility criteria and make a significant financial contribution to the country. There are 4 investment options available, including:
- National Development Fund (NDF)
- University of the West Indies (UWI) Fund
- Real Estate Investment
- Business Investment
Applicants can make a non-refundable contribution to the National Development Fund (NDF), which supports various sectors of the economy, such as healthcare, education, and infrastructure.
Below are the contribution requirements to the National Development Fund:
- If you are a single applicant or a family of 4 or less, the investment option is as follows:
- A contribution of USD$100,000
- The processing fees are USD$30,000
- For families of 5 or more members, the investment option is as follows:
- A contribution of USD$125,000
- The processing fees are USD$30,000
- An incremental amount of USD$15,000 is applicable for each dependent starting from the 5th dependent onwards
University of West Indies (UWI) Fund
The UWI Fund allows applicants to make a significant contribution to the University of the West Indies. The fund helps finance UWI’s fourth-landed campus. By investing in the UWI Fund, applicants not only contribute to the development of the university but also support education and research initiatives in Antigua and Barbuda and the wider Caribbean.
Below are the contribution requirements to the University of West Indies Fund:
- If you have a family of 6, the investment option is as follows:
- A contribution of USD$150,000 (including processing fees)
- For families consisting of 7 or more members, the investment option is as follows:
- A contribution of USD$150,000
- A processing fee of USD$15,000 for each additional dependent
Real Estate Investment
Applicants can invest in approved real estate projects in Antigua and Barbuda. The minimum investment amount varies depending on the number of applicants included in the application.
The list of approved real estate projects is available on the Approved Development Projects page on the Citizenship by Investment Unit website. After 5 years of ownership, you can sell the property on the open market while maintaining your citizenship.
Below are the contribution requirements to the Real Estate Investment:
- USD$200,000 investment in an approved property
- USD$400,000 investment in an approved property with the option of two co-applicants investing USD$200,000 each
Applicants can invest in an eligible business in Antigua and Barbuda. The investment must meet specific criteria and contribute to the country’s economic development.
There are 2 business investment options available:
- Individual Investment:
The principal applicant can make a personal investment in an approved business with a minimum amount of USD$1,500,000.
- Joint Investment:
A minimum of two individuals can make a joint investment in an approved business, totalling at least USD$5,000,000. Each person involved in the joint investment must contribute at least USD$400,000. In this case, an application for Citizenship by Investment can be submitted on behalf of the individuals through an authorized agent.
Why Choose TWA?
We highly recommend interested applicants use representatives or agents to apply for the Citizenship by Investment Program.
These professionals have expertise and knowledge in the application process, ensuring that applicants meet all requirements and submit accurate applications. They can help streamline the process, provide access to networks, and facilitate communication with relevant authorities. Agents also offer support during the due diligence process, ensuring compliance with legal regulations. Moreover, they can bridge language and cultural gaps for applicants unfamiliar with the country’s official language or culture.
However, it’s crucial to choose reputable professionals authorized by the government to ensure a successful and smooth application process.