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Antigua Y Barbuda, Un Paraíso Turístico Que Lo Es También De La Inversión
Most people approach an authorized agent for support with the paperwork. The minimum amount for a sole investor is US $ 1,500,000 (£ 1,159,330.72, € 1,376,715.20) and for a joint investor is US $ 400,000 (£ 309,178.76, € 367,124.05) with a minimum of 2 people. If you are planning to lease the premises after purchasing it, you should make use of a real estate management company. The agents will take care of all issues that are likely to crop up, for about 10% to 20% of your monthly rental income.
It is audited by an internationally recognised accounting firm and reports on its status are published each year. • The local currency, the Eastern Caribbean Dollar, is pegged to the US dollar, giving you and your business financial benefits and security. To purchase a home around the beach or a 2,372-sqft home, you will need $276,000. Such properties are near gated residential communities and come with two bathrooms and three bedrooms. You will have snug living room, cozy dining area and lovely furnished kitchen.
Antigua And Barbuda Passport Investment Program
Antigua and Barbuda passports are visa-free to 151 countries including Hong Kong, Singapore, the UK and the European Schengen Area. The Antigua & Barbuda Citizenship by Investment Program requires the applicant to make a substantial economic contribution to the country. Dominica is more ‘Eastern-friendly’ as it offers visa-free access to Russia and is also establishing connections with China and the UAE. St. Lucia, on the other hand, seems to be more ‘Western-friendly’, and is a marginally stronger passport for now. Other budget-friendly options outside of the Caribbean include Vanuatu at USD 130,000 and Turkey at USD 250,000. Dominica’s passport is quite strong and offers visa-free access to 139 countries.
Future children of the investor receive citizenship and passport of Caribbean country. All applications are subject to rigorous due diligence to ensure that only meritorious applicants law firm istanbul are granted citizenship of Antigua and Barbuda. The due diligence fee is charged for each family member above the age of 11 years as prescribed in the table below.
Antigua & Barbuda Tax Summary
After paying a passport fee, you can obtain your passports at our office, or we will courier them directly to your home. Antigua and Barbuda is one of the former British colonies in the Caribbean region. There was an economic growth and promising branches of the economy appeared after gaining sovereignty. Government-approved projects usually include holiday resorts, high-end residential properties in prestigious locations and tourism infrastructure. $200,000 is enough to buy a share in a high-class hotel or spa under construction, so that later you can get a small but stable rental income through a management company. The property must be maintained for 5 years before it can be sold to recover investment.
Consequently, the country has experienced rapid growth in its ICT sector, driven by significant public and private sector investment. Antigua & Barbuda now has a modern telecommunications infrastructure, which has facilitated fast growth in broadband internet and data and voice services vital for modern information-intensive businesses. Inclusion of family, i.e. spouse , children, parents and grandparents in the simultaneous application. The Antigua and Barbuda Citizenship by Investment program was introduced in 2013 by the Government to grant citizenship to interested foreign nationals who qualify the requirements and criteria.
It is necessary to own the acquired property for a period of at least 5 years. Created in 2016, Saint Lucia’s CBI program offers several options to obtain their passport (which has visa-free access to 123 countries, including the Schengen area and the UK). In most cases, CIP programs in the Caribbean would require you to purchase resident permit turkey an overpriced, government-approved property if you choose the real estate investment route. There are three routes to gaining Antigua and Barbuda investment citizenship – donate to the government, invest in a business, or purchase property. All three investment options are subject to government processing and due diligence fees.
Depending on your preferred lifestyle, there are several paths to acquiring citizenship through investment. Antigua & Barbuda is one of the most beautiful island nations in Caribbean with its lush beaches and beautiful climate to Turkish work permit enjoy your vacation, as well as do your international business from. World Gate will pre-screen a copy of your passport for government pre- approval. Down payment of World Gate’s professional fees to initiate your application.
The traditional government bond option requires investors to keep bonds for at least five years. These bonds don’t pay any interest and are expensive – $500,000 for a family of four (and $567,000 in all-in costs). On a bright side, five years later, St. Lucian government should pay you the $250,000 bond amount back, so your final cost for the passport will just be the fee of $37,500. When you invest in government bonds, countries will often require up to five times the amounts required for outright donations. The downside is that you’re often investing in an overpriced, government-approved luxurious real estate development or hotel project.
At least one good professional reference is required for the primary applicant. A certified copy of each applicant’s birth certificate is usually requested by the Antigua Citizenship by Investment Program, however, in special cases older family records can be acceptable. Direct flights to Antigua from major cities such as London, New York, Miami, and Toronto are already available. As Antigua and Barbuda gains popularity and increases their tourism industry, there will likely be more cities added to the direct flight list.