Antigua & Barbuda - Сitizenship through the purchase of real estate

WHY CHOOSE ANTIGUA AND BARBUDA?

The combined size of 442 sq. km and population of over 80,000 people, make Antigua and Barbuda the 9th largest country by size in the Caribbean. This economic citizenship program facilitates you and your family’s comfort of visa-free travel to more than 100 countries.

Antigua and Barbuda recognizes dual citizenship, which can give you an advantage on business expansion and tax relief among other benefits:

Fast processing within 3-4 months;
Inclusion of dependent children under 26 years, and dependent parents or grandparents over 65 years;
No requirement to travel to Antigua and Barbuda during the application process;
No interview, education or managerial experience required;
Visa-free travel to more than 100 countries including the Europe’s Schengen Zone, Canada, UK, Hong Kong, Singapore, and others;
No tax on worldwide income.

QUALIFICATIONS

The Citizenship-by-Investment Program was established in 2012 that made it the most recent program of that kind in the world.

The Program offers many benefits in exchange of several requirements that applicants must meet. To qualify for citizenship in Antigua and Barbuda, applicants need to fulfill one of the investment requirements outlined in the investment options section below, in addition to the following criteria:

Be of outstanding character;
Hold no criminal record;
Have excellent health;
Have a high personal net worth;
Reside (with the family members who are included in the application) in the country for a minimum of 35 days within a period of 5 years.

As of February 2016, Antigua & Barbuda has started accepting Iranian applicants.

INVESTMENT OPTIONS

Being proactive in facilitating investors, the Government has adopted the Citizenship-by-Investment Program as one of the mechanisms to promote economic growth, attract developments, increase the inflows of foreign direct investment in the country, support the development of infrastructure, and provide for sustainable future. As a result of the implementation of this strategy, investors can choose between different instruments to qualify for the Citizenship-by-Investment Program.

1. National Development Contribution or charitable donation

High net worth individuals may choose to make a monetary contribution of US$ 250,000 to the National Development Fund or an approved charity.

2. Real estate investment

The property purchased must equal a minimum of US$ 400,000 in a pre-approved real estate development area. The investment must be maintained for a minimum of 5 years. Property registration, processing fees and taxes must be paid in addition to the property purchase.

Callaloo Cay

Callaloo Cay is a unique luxury multi-resort project, developed in partnership with the government by an international team of world class developers and investors such as Arton. This exclusive resort sits on 36 acres of prime beach-front and will offer first class facilities that cater to discerning clients. Under the Redeemable Preferred Share Offer offered by the resort, investors renounce the capital appreciation in exchange for a guaranteed return on investment after the mandatory 5 year “hold” period.

3. Establish business

An applicant may invest US$ 1,500,000 to establish a business and qualify to apply for citizenship. Two or more applicants can make a joint business investment where the individual threshold must equal a minimum of US$ 400,000 and the total investment must equal a minimum of US$ 5,000,000.