Published
November 21, 2023
Category
Citizenship by investment programs

A Comprehensive Guide to Obtaining Citizenship in Antigua and Barbuda

For many people seeking an exciting and picturesque Caribbean lifestyle, being a citizen of Antigua and Barbuda is a dream come true. This twin-island nation presents a special opportunity for individuals seeking to become its citizens because of its beautiful beaches, stable political environment, and thriving economy. We will walk you through all of the steps, requirements, and advantages of obtaining Antigua and Barbuda citizenship by investment in this detailed guide.

Why Choosing Antigua Citizenship by Investment Program

Safety for Life 

People looking for a secure location to invest and relocate find Antigua and Barbuda appealing due to its political stability and low crime rates. Your investment and newly acquired citizenship will be protected in a safe setting. Additionally, Antigua and Barbuda's government places a high priority on upholding a stable and investor-friendly environment, giving individuals seeking to increase their money in a safe country comfort of mind. Antigua & Barbuda stands out as the perfect option for people looking for a secure and prosperous future thanks to a commitment to security, both in terms of individual safety and monetary stability.

Quick application procedure

Antigua and Barbuda's citizenship application procedure is extremely swift and effective. It normally takes between three and six months from the beginning until you get your citizenship, which is a much shorter period of time than citizenship procedures in many European nations. Additionally, since everything is done remotely, there are no required history or language assessments. All applicants will be able to move through the process easily because of this accessibility.

Include family members

Your loved ones are also eligible for citizenship through the Antigua and Barbuda Citizenship by Investment Program. The choice is yours whether to list your relatives in your application as dependents. You can keep adding dependents even after being granted citizenship, giving you continuing flexibility to adapt to shifting family dynamics.

Diversity in Choosing the Investment Option in Antigua in 2023

You can select the investment track that best suits your objectives and aspirations from a variety of alluring investment options offered by the Antigua and Barbuda Citizenship by Investment Program:

Contribution to the National Development Fund (NDF)

Making a non-refundable contribution to the National Development Fund of the government is one way to obtain citizenship. This donation helps fund numerous national development initiatives, promoting the expansion and prosperity of the country.

Investment in Real Estate

An alternative is to invest in real estate ventures that have received official governmental approval. This not only grants you citizenship but also offers the added advantage of property ownership in the picturesque Caribbean destination.

Business Investment

For individuals with entrepreneurial ambitions, the Business Investment pathway is an alluring option. It offers two distinct investment choices, allowing applicants to select the one that best aligns with their objectives:

Direct Business Purchase: Individuals can acquire an eligible business directly with a minimum investment of  USD 400,000 per person with a total minimum amount of USD 1.5 million. This option facilitates economic development and provides a citizenship route for those who prioritize collaborative growth.

Investment in the University of the West Indies

Tailored for larger families, this pathway offers both financial and educational benefits.

Educational Incentive: Families with six or more members can enjoy a year of tuition-free education at the prestigious University of the West Indies.

Financial Commitment: To qualify for this educational incentive, families must make a non-refundable minimum donation of at least USD 100,000 to the University of the West Indies.

Eligibility Requirements for Antigua Citizenship by Investment

Prospective candidates must meet certain eligibility requirements to start the process of becoming citizens of Antigua and Barbuda. These requirements are carefully thought out to make sure that citizenship is only given to those who are dedicated to helping the country prosper and who share its values. First of all the investor should be at least 18 years old and have proof of the funds. Here's a comprehensive look at other criteria that must be met:

Investment Assurance

Fundamentally, applicants must show their dedication to the development of the country by making a sizable financial investment in Antigua and Barbuda. There are two alternative ways to route this investment:

Donation to the National Development Fund

Prospective citizens can choose to make a non-refundable contribution to the government's National Development Fund. This fund plays a pivotal role in financing a wide array of national development projects, ultimately contributing to the overall progress and prosperity of the nation.

Investment in Government Approved Real Estate Program
Alternatively, applicants have the option to invest in government-approved real estate projects. This not only serves as a pathway to citizenship but also grants the added privilege of property ownership within the enchanting landscapes of this Caribbean destination.

Background Check 

The nation's integrity and security must be guaranteed at all costs. As a result, a thorough background check is required of applicants as part of the citizenship application procedure. This thorough investigation is done to make sure that candidates have a clean record free of any criminal activity. Antigua and Barbuda can keep up its reputation as a nation where all of its inhabitants are safe and secure by upholding this need.

Health Assessment

A commitment to good health is a shared responsibility among all prospective citizens. As such, individuals seeking Antigua and Barbuda citizenship are required to undergo a thorough medical examination. This examination serves as a testament to the applicant's overall well-being and ensures that they are physically capable of contributing positively to the nation's development.

Benefits of Antigua Passport

Dual Citizenship is offered by the Antiguan Government 

Antigua and Barbuda warmly embrace the concept of dual citizenship, granting you the freedom to hold citizenship in multiple countries without any limitations or restrictions. This flexibility opens doors to diverse opportunities and experiences on a global scale.

Visa-Free Country Exploration

Possessing an Antigua and Barbuda passport bestows upon you the remarkable privilege of visa-free travel to 151 countries across the world. Bid farewell to the complexities of visa applications and revel in the seamless exploration of captivating destinations worldwide.

No Residency Requirement

There are no mandatory full-time residency requirements for getting dual citizenship in Antigua and Barbuda. However, to be granted citizenship, all applicants must visit Antigua for five days within the first five years of their citizenship and swear the oath of loyalty in front of a governmental official. Only after that can the passport be renewed, and no further conditions are required. which is one of its unique characteristics. 

Complete Confidentiality and Secure Process

Your privacy is extremely important to us at Mirabello Consultancy, and the security of your personal data is given first priority. You can rest easy knowing that the Antigua and Barbuda Citizenship by Investment program will keep all of your information in the strictest secrecy. Entrust your journey to us, and embark on a seamless path to a brighter, more promising future.

Understanding the Tax system in Antigua and Barbuda

It's important to be aware of the various tax rates and exemptions in effect when investigating the Antigua and Barbuda taxation system.

Corporate tax in Antigua and Barbuda

Businesses are subject to corporation taxation in Antigua and Barbuda. For the majority of businesses, the corporate tax rate is stable at 25%. Commercial banks, insurance firms, energy firms, and telecommunications firms benefit from a 10% corporation tax rate reduction, however, this is a notable exception. This lower rate intends to encourage growth and investment in these important businesses.

Land and Real Estate Purchase Tax in Antigua and Barbuda

The tax imposed on the purchase of real estate and land should be considered as another part of taxes. Foreigners frequently pay a license fee for the acquisition of real estate when they buy it in the nation.

Tax Exemptions for Foreign Citizenship Investors in Antigua and Barbuda

Here is where the benefits of getting citizenship by investment in Antigua and Barbuda are made clear. The license fee generally connected with buying real estate and land is not required for foreign citizenship investors who seek to become naturalized through the Citizenship by Investment Program. This exemption offers further motivation for people looking to invest in Antigua & Barbuda and gain citizenship.

Application Process of Antigua and Barbuda 

Antigua and Barbuda's Citizenship by Investment Program is your gateway to a world of opportunities. Our streamlined application process and reasonable documentary requirements ensure a smooth transition to citizenship.

Partnering with Your Trusted Expert

Your journey to Antigua and Barbuda citizenship begins with selecting a trusted partner. Working with experts is essential, as only qualified investors can obtain an Antiguan passport. Mirabello Consultancy, with its expertise, will guide you through the initial due diligence, minimizing the risk of application rejection.

Document Preparation

After consulting with Mirabello Consultancy, you'll be well-prepared to embark on your dream of a new life away from home. We will provide you with a comprehensive list of necessary documents, simplifying the intricate process ahead.

Investing Wisely

Now, it's time to make your investment. Upon receiving approval-in-principle notification by the Antiguan government, you must meet the investment requirement within 30 days. You can choose to contribute to a designated fund, invest in real estate, or support a business venture. The flexibility of options ensures you can tailor your investment to your preferences.

Your Path to the Antigua Passport

Within just four weeks of your investment, you'll receive your Antigua passport and naturalization certificate. These vital documents will be delivered to you at a location convenient for you.

FAQ 

What is Antigua and Barbuda's Citizenship by Investment Program?

The Citizenship by Investment Program of Antigua and Barbuda provides foreigners with a route to Antiguan citizenship in exchange for certain investments. Investment choices include making a contribution to the national development fund or buying government approved real estate, or investing in a company. Successful candidates receive perks like tax breaks, business opportunities, and visa-free travel. There are qualifying requirements and due diligence checks for the program.

How Long Does It Take To Get An Antigua Passport?

It's important to note that the timeframe for obtaining an Antigua passport may vary, and in some cases, it can indeed take up to six months from the submission of your application to the issuance of the passport. The actual processing time can depend on various factors, including the complexity of your application and any potential issues that may arise during the evaluation process.

Can I Hold Dual Citizenship With Antigua?

Yes, it is possible to hold dual citizenship with Antigua and Barbuda. Antigua and Barbuda's Citizenship by Investment Program allows individuals to acquire Antiguan citizenship while retaining citizenship from their home country. This dual citizenship status provides you with the benefits and privileges of being a citizen of both countries, including the ability to travel, work, and invest in each nation. However, it's essential to check the specific needs with a trusted expert regarding dual citizenship.

What Happens If My Application Is Rejected?

If your application for Antigua and Barbuda citizenship is rejected, you will not receive the desired citizenship benefits. However, with our professional guidance, the chances of rejection fall under 1%. It's essential to work closely with experienced consultants and ensure that you meet all the program's requirements to increase your chances of a successful application in the future.

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