Learn how your comment data is processed. Cocos Hotel and Keyonna Beach Resort are boutique hotels built on the west coast of Antigua Island. Benefits of Becoming a Citizen of Antigua and Barbuda. Access and privileges in the UK. Get an Antiguan passport for as low as $100,000. Antigua and Barbuda plans to reduce fees for its residency programme. Ten cottages will appear at Cocos Hotel and twenty lodges at Keyonna Beach Resort. Not only that, but they’ve become the cheapest option to get a Caribbean passport for a family of up to four members. Menu. Life is idyllic n the two small Caribbean islands of Antigua and Barbuda. Only 1-2% of the applicants go for this option, for obvious reasons. Whatever fee you agree upon with the authorized agent or an agency, you’ll have to add it to the total cost of obtaining an Antiguan passport. . The Antigua and Barbuda passport is considered as one of the strongest in the Caribbean as it enables its holder visa-free access to some of the leading business hubs in the world, including the UK, Hong Kong, and Singapore. when you buy a second passport, that’s not likely in Antigua and Barbuda. It’s $7,500 per adult applicant, $2,000 per dependent aged 12-17 (under 12s free), $4,000 per dependent aged 18 or older. Here’s an up-to-date and complete list of approved business investment opportunities if you choose to go this route. It’s not an extremely restricted CBI program and all of the requirements are standard in the industry. Now, my child will have options in his future too.”. • Citizenship of a Common Wealth Nation. Currently, citizens of Antigua and Barbuda can travel to the Schengen zone without the need for a visa. In fact, you can get an Antiguan passport without ever leaving your home. Government fees: All processing fees are included in the $150k donation amount, but additional family members will require an extra $15,000 donation per person. This really is the absolute minimum. This West Indies tourist hub established a Citizenship by Investment programme in 2013, following a voting by the Senate of the island.The Regulations regarding Citizenship by Investment in Antigua and Barbuda are contained in Section 6 of the Citizenship by Investment Act, 2014. Antigua has built some of the most exclusive resorts in the world and Barbuda continues attracting people with its untouched and raw natural beauty, and fewer facilities as well. There is no pre-passport residency required. Every additional family member will add to that amount. It’s risky to invest in a country that relies only on tourism and foreign investment and can potentially be hit by a hurricane every year. Government of Antigua and Barbuda. (Richard Branson, Oprah Winfrey and Eric Clapton all have purchased homes in Antigua… Citizenship of Antigua and Barbuda for 2 months through investment or real estate. The country is also an independent member of several international associations such as the OAS, UN, CARICOM, WTO and IMF. You could have a second home there, with easy air connections to major hubs in North America and Europe. Small ROI of investment properties. Or perhaps you just care about its passport and the benefit that it would bring to both you and your family? A citizenship by investment program is something that’s created and run by a national government to attract investors to their country. Antigua and Barbuda has temporarily removed the 5 day visit requirements to renew passport under citizenship by investment program due to investors unable to travel to Antigua and Barbuda due to Covid-19 travel ban. Around 300,000 people come to the country every year for holidays, including celebrities such as football star Lionel Messi. You’ll still get to keep the citizenship if you sell the real estate once the five years are up. However, you won’t automatically have the right to vote in elections. This will usually range from $40,000 to $70,000. . Now that you know what the total costs involved might be, we’ll give you a rundown of what the process of applying for an Antiguan passport looks like. Not only that, but they’ve become, Option A – National Development Fund (NDF), Invest or donate a specified amount of money to the country, The money has to be invested/donated in a way that’s specified by the CBI program legislation, A citizenship and a passport will be granted to you as a result, And even though you ideally want to be looking for. The due diligence fee is charged for each family member above the age of 11 years as prescribed in the table below. Limited by geography. This includes a spouse, child who is less than 18 years of age, or a child of the main applicant or his/her spouse who is at least 18 years and less than 28 years of age, and is in full time attendance at a recognized institute of higher learning, and fully supported by the main applicant. It will then be issued for five years. Want to Enjoy Antigua and Barbuda Citizenship Like These Nomad Capitalists? There is no negating the fact that Antigua and Barbuda is one of the top holiday destinations in the world. English speaking and part of the Commonwealth (ex-British colony), Antigua and Barbuda thrives on tourism, which generates approximately 60% of its GDP. Her full-time job is to scour our global network to identify new banking, immigration, and lifestyle options for our clients. Only you can decide, but there are some obvious pros. Lodge an application and only if you receive a passport will you have to spend five days in the country in five years to retain your citizenship. The NDF is a fund that was established around 15 years ago to finance government projects that improve the lives of its populace. The Antigua and Barbuda CBI program is also one of the few that not only allows for adult dependent children aged 18-26 to be included in the main application (if they are a full-time student), but it also allows for parents and parents-in-law of the main applicant to be added too (financially dependent, 58+ years old). Antigua and Barbuda Citizenship. Here is a complete list of licensed agents, who are allowed to help you with the application process. Antigua and Barbuda raised $98.9 million in 2019, which is just a bit more than a million shy of generating Antigua a billion dollars. They’ve since strengthened their program. Antigua and Barbuda is a country that consists of two small islands, and its citizenship by investment program is one of the newer ones in the region. At the same time, the Antiguan passport is pretty similar to other Caribbean passports by investment, so you need to do your own due diligence and decide if it’s worth your while. Think building roads, investing in education and the like. It can be sold to another CBI program applicant, but only once. A one-off national donation Fund of US$100,000 to the Government of Antigua and Barbuda can be accepted. Advantages of Antigua and Barbuda citizenship. New to the world of buying a second passport? Dual citizenship for life. A foreigner can buy a share, an apartment or a villa in a hotel and obtain Antiguan citizenship for the investment. Your email address will not be published. complete list of approved business investment opportunities. As a result, they can obtain citizenship of Antigua and Barbuda for their entire families including children and parents. Notice: The Citizenship program of Antigua and Barbuda restricts nationals from Afghanistan, Iran, North Korea, Somalia, Yemen and Sudan from applying to the program. Donate $150,000 to the University of the West Indies Fund. By making a donation to the University of the West Indies, you can automatically qualify six applicants for citizenship. More Information. Citizenship can be acquired by birth, descent or naturalisation. All rights reserved. . If you’re a high net worth individual, it’s really not worth spending much time considering if all you would save is $2,000 on one program versus the other. Antigua & Barbuda’s Citizenship by Investment Programme Launched in 2013, Antigua’s citizenship by investment programme requires a low-cost contribution option, a donation of US$100,000 (making it one of the cheapest worldwide and highly competitive with the other Caribbean CIP offerings. , you’ll be able to travel to approximately 150 countries without applying for a visa. . The hotels do not accept singles or families with children. Invest $400,000 in pre-approved real estate. They are as follows: police certificate proving that you don’t have a criminal record, a copy of your passport, a marriage certificate, a birth certificate, and a few others too. That’s not to say you must personally reach out to them. The differences are really negligible in the grand scheme of things, but whether it’s speed or the amount of investment that you want to optimize for, you should know how Antigua and Barbuda compares with others. The rest is made up of Bangladeshi (8%), Libyan (7%), Russian (7%), Syrians (5%), Lebanese (5%), and others. Participants in the citizenship programme own the property for a minimum of 5 years. There is no requirement to attend an interview either. After your passport is renewed, there is no more residency requirement. The cottages are furnished with handmade furniture, including air-cushioned king-size beds. The investor will receive dividends in 4 years, and the property must be owned for 5 years. Just in 2017, Hurricane Maria basically demolished the smaller island of Barbuda. “, Your email address will not be published. Although similar to other programs, such as St Lucia or Grenada, Antigua and Barbuda has an edge if you aren’t a solo applicant. For the more active, they offer kayaking and scuba diving. Additionally, not many people want to live in Antigua and Barbuda on a permanent basis. Antigua’s resorts and Barbuda’s unspoiled beaches and nature attract over one million visitors a year. 0 Comments. So, if you are looking for the best overall cost-to-benefit ratio, we would strongly consider including an Antiguan and Barbudan passport in your passport portfolio. $30,000 USD (April 2020) for a family of up to four people, with additional payments of $15,000 for each additional dependent. Your second option is to invest in real estate. Government fees: $30,000 USD (April 2020) for a family of up to four people, with additional payments of $15,000 for each additional dependent. They’ve capitalized beautifully on their beaches, coves, and lagoons. That’s the fate of a country that falls prey to the forces of nature and larger global players. In just 3 to 4 months, you could have an Antiguan passport at hand and start enjoying all the benefits that it brings. . You don’t have to live or even visit Antigua and Barbuda to obtain its passport. Despite there being a possibility to invest in real estate or local businesses, the vast majority of applicants (97%) choose to make a contribution to the National Development Fund. In the evenings, there are discos and live entertainment. Antigua has recently expanded its main airport terminal, spending 45 million on three passenger jet bridges and 25 check-in counters. You could have a second home there, with easy air connections to major hubs in North America and Europe. January 21, 2021. You can also invest in a pre-approved business to obtain your Antiguan passport. 4. This will usually range from $40,000 to $70,000. A financial contribution is one of the primary qualifiers of applying under the CIP. There are no TVs or radios: the philosophy is for couples to enjoy each other’s company without distractions. On top of that, the Antiguan passport is one of the most powerful in the Caribbean, allowing you to access 150 countries visa-free. The total time it takes, from the lodging of your application to actually holding your passport in your hand is relatively quick, especially when compared to European CBI programs. Currently, the cost of such a residency program is US$20,000. Citizenship of Antigua and Barbuda. Antigua and Barbuda, a beach a day, with 365 beaches is a common description for the beautiful Eastern Caribbean twin island paradise and its glorious weather all year round which has captured the hearts of celebrities all over the world as a second home, a few of which are Oprah Winfrey, Eric Clapton and Giorgio Armani. Google+ . Under the terms of the programme, investors invest from $200,000 – the value of one share in an approved hotel. When you think about it, placing countries on a blacklist is an extremely efficient way for richer and more economically developed countries to coerce smaller countries to adopt higher tax rates. Many countries around the world offer CBI programs and Antigua and Barbuda is just one of them. Fax: 1-268-562-8431. Antigua and Barbuda citizenship through Naturalisation as a Commonwealth citizen. An island paradise. You can acquire an Antigua and Barbuda passport by investment by either making a charitable contribution, investing in real estate, or establishing a business. . Want a passport to a place where Oprah Winfrey has her winter home? No. Section 112A of the Constitution allows Antiguan citizenship to be granted to persons born in Antigua on or before 31 st October 1981. From the day that the Certificate of Registration of Citizenship is issued, you will have 30 calendar days to finalize your investment and pay all the fees. Same stuff, different island – as the saying goes. E-mail: info@cip.gov.ag. $100,000 donation to the Antigua National Development Fund for a family of up to 4 people. Foreigners will be able to buy shares in hotels when construction starts. Our Turkish citizenship attorneys are ready to assist you to file for Antigua and Barbuda Citizenship Program. Usually, if a program lures you in with a lower ‘total investment,’ they will tack on higher processing fees. Живые разборы изменений и процессов оформления, Все о проверке на благонадежность при получении второго гражданства, Узнайте какие задачи решают наши клиенты получая второе гражданство, Antigua and Barbuda citizenship programme for investment. The donation amount of Antigua and Barbuda was reduced to $100,000 back in 2017 as a way to raise quick capital for the hurricane-hit Barbuda. The resort consists of wooden cottages overlooking the Caribbean Sea. And 2019 outdid it, offering a 66% year-on-year growth. Antigua and Barbuda Department of Immigration Ministry of Foreign Affairs, International Trade and Immigration. Although the exact list of countries will vary and you can check the up-to-date official list here, you’ll be able to travel to approximately 150 countries without applying for a visa. dditional family members will require an extra $15,000 donation per person. In addition to the investment and the government fees that are applied to each of the three investment options, there are more fees tacked on each application – all for good measure. Antigua and Barbuda citizenship by investment is well managed and has clear guidelines. :  $400,000 invested in a local Antiguan business. The Nomad Capitalist team has helped hundreds of people create and execute holistic offshore plans to help them legally reduce their taxes, become dual citizens, and live the Nomad Capitalist lifestyle of success, 3 Tiers of Passports: How to Define the Best Passport in the World, How to Obtain French Citizenship By Descent. A family of up to four members (2 adults and 2 children) can apply for citizenship under the same investment. Jovana is our lead R&D Associate at Nomad Capitalist. It’s $7,500 per adult applicant, $2,000 per dependent aged 12-17 (under 12s free), $4,000 per dependent aged 18 or older. We give you deep insights into the pricing of Antigua… Look for businesses or. 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Cheapest (from the article) is Plus, there are other benefits of an Antigua and Barbuda citizenship: Visa-free travel to 150 countries. passports are valid for periods of 10 years. While we value comments that add to the conversation, we reserve the right to edit or delete anything that is abusive, threatening, libelous, spammy, or is otherwise inappropriate. Antigua & Barbuda – The Citizen (December 2020) Posted on December 23, 2020. If the hotels are approved, investors will be able to participate in the programme by buying shares in these hotels. Altogether, the investment in real estate in Antigua and Barbuda comes to $430,000. It’s a beautiful country with gorgeous beaches and luxurious amenities to get you fully relaxed. Favorable tax. Antigua and Barbuda established its own citizenship by investment initiative in 2012 as a means to promote economic growth sustainably, attract developments and increase foreign direct investment to the nation. For example, back in 2017, a few of the Caribbean CBI programs cut their prices, which left Antigua and Barbuda scrambling for investment dollars. If you have a spouse and children, Antigua is the cheapest jurisdiction in the world to obtain a, . Investors will receive their first payments in US dollars four years after the purchase. Thanks. 2. The program has been present in several countries including Cyprus, Montenegro, and St Lucia. Applicants and their families may obtain citizenship of Antigua and Barbuda in return for a meaningful contribution to the country. How much total for a family of four to get Citizenship in Antigua please? Assuming an agent fee of $55,000,  a family of four (2 adults and 2 teenagers) applying for citizenship by way of donation will spend. Every person in your family who needs a passport will have to pay $300. Known as the land of 365 beaches, the twin islands of Antigua and Barbuda boast of mesmerizing natural beauty. All island-states that offer CBI programs have been put on the EU’s Tax Haven Blacklist at certain points, with fears that they were ignoring the principles of transparency and refusing to share information. No clear winner there. 1. No matter how you cut it, Antigua and Barbuda will never be able to level up to have a Tier A passport. Government fees: $30,000 NDF processing fee (April 2020) for up to four family members. If you are a Commonwealth citizen who has lived in Antigua and Barbuda for 7 years in good standing you can apply for citizenship. There shouldn’t be any problem fulfilling this requirement, however. Life is idyllic n the two small Caribbean islands of Antigua and Barbuda. Office: Pavilion Drive, Coolidge, P.O. We tell you how to not only multiply your capital but also get a Caribbean passport. Investors will be able to buy shares in these hotels and receive dividends. All applications are subject to rigorous due diligence to ensure that only meritorious applicants are granted citizenship of Antigua and Barbuda. Even though the islands thrive on luxury tourism, the ROI on investment properties won’t be huge. There are an on-site restaurant and two beach bars. +1 (979)966-6623 CONTACT US SERVICESPRIVACY POLICY FAQs, Copyright 2012-21, Nomad Capitalist Limited"Nomad Capitalist" and "Go Where You're Treated Best" are registered trademarks. The year of 2018 was by far the best one for Antigua’s CBI program, judging by application volume. If the domestic economy is lacking or overly reliant on one industry (e.g., tourism in the Caribbean), the government will seek foreign investment to diversify the ways they fill the country coffers. Ever since the price drop, the program has seen a surge of Chinese applicants who now account for nearly one-third of the applications. Facebook. 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