ANTIGUA & BARBUDA

$130,000

Overview

The Antigua & Barbuda Citizenship by Investment Program was passed by both houses of Parliament in March 2013, allowing foreign investors to acquire citizenship under certain conditions. Since then, the program has received several applications and granted citizenship to many wealthy investors. Applicants obtain an irrevocable citizenship and passport without having to reside in the country or renounce their current nationality

Pay a deposit of 10% per item

Description

Country Info

A twin island nation nestled between the Caribbean Sea and the Atlantic Ocean, Antigua and Barbuda is one of the most developed and the 9th country by size in the Caribbean.

The country is a part of the Commonwealth since 1981 and the official language is English. Its idyllic beaches, breath taking scenery along with its bustling environment makes it one of the premium destinations in the Caribbean.

Antigua’s economic and political stability reflects on the country’s advancement in tourism and business services making it a premium investment destination sought-after by many celebrities like Robert De Niro, Oprah Winfrey and Eric Clapton.

Costs

To be eligible for citizenship of Antigua & Barbuda under its Citizenship by Investment Programme, there are three options to choose from.

1. DONATION TO THE NATIONAL DEVELOPMENT FUND (NDF)

Non-refundable financial contribution to a Government fund. The cost varies depending on the number of applicants and their ages.

Single Applicant up to a Family of 4
USD 100,000
Government Fees
USD 30,000
Family of 5 or more
USD 125,000
Government Fees
USD 30,000 plus an incremental amount of USD 15,000 from the 5th dependent onwards

2. REAL ESTATE INVESTMENT

Real Estate Investment through one of the Government approved real estate asset classes: freehold property with title deed; hotel shares; fractional ownership or land. The investment and Government Fees are payable once the citizenship is approved.

Minimum Investment (must hold for 5 years)
USD 200,000
GOVERNMENT FEES

In addition to the purchase of real estate, there are Government fees to be paid.

Main Applicant
USD 50,000
Spouse
USD 50,000
Each dependent under 18 years
USD 25,000
Each dependent aged between 18 to 30 years
USD 50,000

3. BUSINESS INVESTMENT

Single Investor
USD 1.5 million
Two or more Investors jointly
USD 400,000 each or USD 5 million in total

DUE DILIGENCE & BACKGROUND CHECKS

Compulsory background checks are payable to the Government who appoints a preferred due diligence agency. These agencies use various international and local sources such as Interpol, World-Check and other Government agencies. These fees are payable upon the submission of the application.

Main Applicant
USD 7,500
Spouse
USD 7,500
Dependent Child aged 12-17 years
USD 2,000
Dependent Child aged 18-30 years
USD 4,000
Dependent Parent aged over 55 years
USD 4,000

Citizenship Invest professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A detailed quotation with no hidden costs is provided for the specific case.

Required Documents

If you would like to proceed with an application, Citizenship Invest appoints a specialist Document officer to prepare the application documents and all necessary Government forms for you. Please note the below documents is a guideline and after assessing your case Citizenship Invest will issue a personalized list of documents based on your specific case.

Documents required from each applicant including children:
• Citizenship by Investment Application Form AB1
• Photograph and Signature Certificate Form AB2
• Medical Certificate Form AB3
• Original HIV test results (for all applicants aged 12 or above)
• Antigua & Barbuda Passport L Form (16 and older)
• Antigua & Barbuda Passport M Form (Under 16)
• Certified copies of all passports held
• Original excerpt of full birth record or certified copy of full birth certificate with MOFA attestation (i.e. a birth document that also includes your parent’s details, or a household register, family book etc.).
• Original police certificate(s) from country of citizenship (unless you can provide satisfactory evidence that you have never lived there) and from any country where you have lived more than 6 months over the past 10 years. Police certificates must be less than six months old at the time you lodge your application. Children below 16 years old do require presenting a Police certificate.
• Certified copy of all identity documents/books or cards
• Certified copy of all military service and discharge documents, if applicable (male applicant 18 years and above)
• Ten (10) original passport-size photos
• Proof of residential address (certified copy of lease agreement and original utility bill)
• Certified copy of university/college diplomas
• Original University Recommendation Letter for children aged 18 to 28 years who is in full time attendance at a recognized institution of higher learning and fully supported by the main applicant
• Notarized affidavit of support for each dependent aged 18 or over included in the application, with the exception of the spouse

Forms and documents required only from the main applicant:
• Investment Confirmation Form AB4
• Agent Form AB5
• One original bank reference letter issued by an internationally recognized bank, not older than 6 months.
• Original 24 months (2 years) bank statements
• One original professional reference (e.g. from an attorney, notary public, chartered accountant or other professional of similar standing), not older than 6 months.
• One original Employment letter
• Original excerpt of marriage record or certified copy of marriage certificates with MOFA attestation (if applicable).
• Certified copy of divorce documents with MOFA attestation (if applicable)

Timeline

MONTH 1-2

CI will pre-screen your passport for government pre-approval. A down payment for professional fees is payable to start your application.

CI professional team will assist and advise you with the collection of the documents required by the Government. Once the file is ready for submission, Government Processing Fees, Due Diligence and CI submission invoice are payable. CI submits your application.

MONTH 3-5

Due Diligence report is issued to the Government. Based on the results, the Government makes a decision on your Citizenship application.

Once approved you are invited to pay the donation directly to the Government or the real estate investment to the developer. 90% of remaining Government Fees are paid to CI and we remit it to the Government

MONTH 6

Citizenship Certificates and passports are issued. The balance of CI professional fee is paid.

The estimated time to receive citizenship approval depends on the due diligence processing time and the specific case.

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