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East Caribbean dollars (XCD), tied to USD
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Resting along the eastern coastline of the Caribbean Sea, the twin-island nation of Antigua and Barbuda is in every way, a tourist paradise with lush hillsides, thick rainforests, and a breathtaking coastline. Having gained independence from the UK in 1981, the country is currently a member of the United Nations, CARICOM, and the Commonwealth of Nations. Primarily driven by the tourism sector, which contributes nearly 60% of its GDP and 40% of the investments, the country’s economy is one of the strongest among all the Caribbean countries. Antigua is governed by a parliamentary, representative democratic monarchy and follows the Common English Law Model.
NDF = The National Development Fund was set up to help income-generating public sector projects, encourage innovation among entrepreneurs, and aid charitable organizations within the country. Dual citizenship hopefuls are required to donate a one-time contribution of USD 100,00 for a family of four or less. They are also liable to pay an additional USD 25,000 as processing and government fees. Prices are subject to change based on the number of dependents and their age.
Real Estate = The real estate investment is one of the most preferred routes to obtaining a secondary passport from the country. Not only will the applicant have his/her own property in the region, but he/she can also resell the same after five years. An amount of USD 400,000 or more has to be invested with a government-approved real estate development to qualify under this scheme. Co-applicants are also permitted provided each of them donates a sum of USD 200,000 each.
Business Investment = The CIU offers two different business investment options to gain an Antigua passport:
Compared with the other Caribbean Citizenship by Investment programs, the cost of an Antigua and Barbuda passport is relatively low. Listed are some of the other key reasons as to why you should opt for Antigua Citizenship.
Ever since the program was first put forth in 2013, Antigua’s CBI program has been a popular choice among eagled-eyed business professionals and high-net-worth individuals. An applicant can obtain citizenship from the country by either investing in real estate, a government authorized business or by making a non-refundable contribution to help improve the country’s infrastructure. Unlike some of the other CBI programs on offer, applicants are not required to either learn about the country’s history or speak their official language. Lastly, applicants are not required to reside in the country during the time of the application process. Currently, a single applicant can gain an Antigua and Barbuda passport by contributing a sum of 147,800 USD.
Due to its relatively affordable price and quick processing time, the Antigua and Barbuda Citizenship program has helped the country become one of the most preferred destinations to obtain dual citizenship. The program was first initiated in 2013 as a means to cut down on public debts and stimulant economic growth. Details regarding the program are listed in section 6 of the Citizenship by Investment Regulations, 2014.
Apart from making a sizeable investment within the country, the primary applicant has to fulfill certain criterions to get this application approved.
Dependents who are eligible to receive citizenship and immigrate to the country along with the principal applicant include:
The governing body of the Antigua’s citizenship program, Citizen by Investment Unit (CIU) clearly states that each application to the program should be submitted through a government-authorized agent. Listed below is a step-by-step timeline of the application process:
Single Applicant
Family of 4 (Main applicant + Spouse + 2 Children under 12 yrs)
Single Applicant
Family of 4 (Main applicant + Spouse + 2 Children under 12 yrs)
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