The Antigua and Barbuda “Citizenship By Investment” (CIP) program now costs $100,000 compared to the initial $200,000. The government has decided to reduce the price by 50% to attract more foreign investors and raise funds to recover the islands after the damaging hurricanes.
Such cost reduction looks especially appealing to investors who also wish to obtain citizenships for members of their families, as now Antiguan passports are available at the lowest price comparing to other Caribbean programs.
Please see below a chart that compares prices of five Caribbean CIP programs (a non-refundable contribution to a state fund for a family of 4 (2 adults and 2 kids, 14 & 20 years old)):
Antigua & Barbuda Citizenship by Investment Program operates since 2013, according to the Citizenship Act. More than 2000 investors have already got passports of Antigua over the last 4 years.
Antigua and Barbuda attracted the attention of such celebrities as talk show host Oprah Winfrey, the former Italian prime minister Silvio Berlusconi, fashion designer Giorgio Armani - they all have invested in real estate on the islands, while actor Robert De Niro and Australian billionaire James Packer invested in a luxury resort on Barbuda in 2016.
1. DONATION TO NDFThe minimum contribution to the The National Development Fund (NDF) is USD 100.000
2. Real Estate investmentThe minimum investment in approved Real Estate is
Due diligence: - $ 7,500 for the main applicant - $7,500 for the spouse - $2,000 for each child aged of 12-17 - $4,000 for each child aged of 18-25 - $4,000 for each dependent parent aged over 65
Government fees (depends on the investment option)
Passport fee: $ 300
Example of all expenses
Step by step procedure
Checklist of documents
Information about the country
Usually the process takes 3 to 5 months. Investors must meet the following criteria:
Absence of sanctions, restrictions or prohibitions to entry the EU, USA, UK and Canada Ability to confirm the legality of the source of income and available capital
A background free of bankruptcies and previous convictions, and a favorable credit history are welcomed Good health
Who can obtain the citizenship of Antigua & Barbuda with the main applicant?
Children under the age of 18
Dependent children who have reached the age of 18 but are under 26 years old and are studying at university
Persons, regardless of age, who have a mental or physical disability
Dependent parents of the main applicant or his spouse, who have reached the age of 65 and are living with the main applicant
Сhildren who are born after their parents receive citizenship will obtain citizenship for free
Before you apply for citizenship we will perform the background check for free
Want to apply for a free background check?
Citizenship by investments is the official state program of the Antigua
and Barbuda You can fill out the application form and apply for citizenship only through a certified agent who has a permission from the Government
This excludes possible fraud with money and documents of the investor
We provide the preliminary background check, analyze risks and submit a preliminary report According to the citizenship act you should make an investment only after application’s approval. We charge our services fee after you receive the passport. You only pay for the results!
Thanks to its geographical location, Antigua and Barbuda’s potential in the leisure and recreational sector is very promising. But with fantastic opportunities come certain risks. In October 2017, the island of Barbuda was mauled by hurricanes. That is why second citizenship experts recommend the option of donation to one of the government funds, as opposed to investing in real estate. If the investor is steadfast in their decision to purchase real estate, it is advisable to choose property on the island of Antigua. Antigua and Barbuda is one of the few countries in the Caribbean region that allows to obtain citizenship through investing in business. As per program requirements, $1.5 million input in a government-approved business project is necessary to make for a sole investor. And at least $5 million for two or more investors, with each participant contributing at least $400,000. The applicant is free to choose to invest in several real estate properties or construction projects. In this case, the total sum of investment must be at least $400,000. The applicants don’t need to transfer the whole sum of investment at once. Until their candidacy is approved, the applicants only pay for the due diligence check and fund 10% of government fees. It is also necessary to deposit 10% of the property cost should the applicant choose to obtain the passport of Antigua and Barbuda through real estate investment. Antigua and Barbuda is the only Caribbean nation where one can easily and promptly set up tax residency. This status broadens the prospects for business development and helps to optimize worldwide income taxation. For this, one is not required to be a citizen of Antigua, but a permanent residence permit is a must (issued when buying or renting a house). To qualify, one also must be physically present in the country for one month per year, declare annual income of $100,000, and consistently pay a fixed annual tax of $20,000. When all requirements are met, Antigua issues relevant documents (tax identification number, permanent resident certificate). New Antigua and Barbuda citizens can easily obtain a driver's license that is usually needed to open a bank account. In 2015, the V.C. Bird International Airport was built on the island of Antigua, direct international flights from major European cities are now available. Smaller islands, like Dominica, can be reached via domestic airlines.