Faqs About Antigua & Barbuda Citizenship
Dominica also offers a donation option, through their Economic Diversification Fund . A family of four will donate $200,000 to the EDF, plus $12,500 in fees. After we include all applicable government fees, then the entire cost for a family of six should come in at around $165,000.
Consequently, there are now a significant number of Antigua real estate projects authorized under the Antigua and Barbuda Economic Citizenship Program. To qualify for second citizenship in Antigua via this option, investors begin by entering into a contract to purchase CIU endorsed real estate in the country. Before submitting an Antigua and Barbuda Investor Citizenship application, candidates must place the relevant due diligence fees as well as 10% of the government processing fees into an independent escrow account. Most real estate developers will also ask that 10% of the price of the property be placed into escrow before a sale and purchase agreement can be signed. Investing in Antigua & Barbuda is a very economical way to gain a strong second passport. In fact, with the lucrative investment opportunities and growing popularity of the Antiguan Citizenship Program, it is even possible for people to make money from their business or real estate investment over the years.
Heres Why You Should Choose Antigua & Barbuda For Your Investments
You can be helped with choosing a management company if you decide to invest in real property, or with moving if you obtain a passport to settle in a foreign country. The third criterion is an individual approach to each client and unique solutions that are perfectly suited to each particular case. A consultation with an Imperial & Legal specialist can be held either in our offices or remotely via phone/WhatsApp/Zoom/Skype. Our team will help you choose the best option for your investment and estimate the cost of obtaining Antigua and Barbuda citizenship for you and your family. Our immigration advisers say that standard application process usually takes from 3 to 4 months, but sometimes this process can take 6 months in case of unforeseen circumstances. The country has all the conditions for a successful business environment.
The principal applicant, the spouse and dependants all receive a certificate of registration indicating that they are approved citizens of Antigua and Barbuda and then each of them is entitled to a passport. You also have the government processing fees, which are $50,000, and due diligence fees. When the application extends to a family of five or more then the contribution raises to $250,000.
Benefits Of An Antigua And Barbuda Citizenship By Investment
Leading up to it you have a number of fetes – parties – on various themes. During Carnival itself there is Breakfast Fete, a huge event that starts at around 5am and doesn’t end until maybe 6pm. We celebrate emancipation on the first Monday and Tuesday in August; there are bands and parades on the street.
As a member of the Commonwealth the holder of an Antigua and Barbuda passport can enjoy visa-free travel to over 100 countries including the United Kingdom, Canada and all European Union Schengen countries. As well as the ability to travel freely and invest in a growing economy the citizenship will allow, but not require, an investor the ability to reside in Antigua for as long as they would like. From May 1 to October 31, 2018 only, applicants can choose to make a joint investment with another main applicant for citizenship by investment in real estate worth at least USD 400,000. Each main applicant must make a minimum investment of USD 200,000 in order to qualify.
The real estate investment allows an investor to gain citizenship as well as own a revenue generating asset with potential for future capital gain. Luxury Locations offers a full management service to homeowners ensuring that purchasers can maximise the return on their investment. Established in 2012, the Antigua and Barbuda Citizenship Program offer quick and straightforward routes to acquiring a second passport in just 3–4 months with visa-free access to over 140 countries worldwide. Antigua grants citizenship to investors, entrepreneurs and families alike in return for a contribution to Antigua’s National Development Fund or an investment in real estate or business.
It was first established in 2013 and has undergone several changes in the past years to make it more appealing to foreigners and easier for them to obtain a passport. Prices range from about $250,000 for a two-bedroom townhouse-style villa in Jolly Harbour, on the west coast, to $10 million to $25 million to buy a lot and build a beachfront home in nearby Pearns Point. There are no restrictions on the type of business that may be operated, so long turkish citizenship by investment as it falls within all legal sectors and activities. I don’t know what it is about us, but we just go out of our way to ensure that people feel comfortable. Especially when we know this person is making a contribution to the country that will benefit us, our children, our children’s children… The culture is to make the process as seamless as possible. We have a huge summer festival towards the end of July/beginning of August, which is Carnival.
Passports, Extentions, Residency, Visa, Appointments, Citizenship
Also, when purchasing real estate , you need to pay for a criminal background check. No, obtaining a passport does not entail the obligation of permanent residence in the country. To renew your passport, it is enough to stay in the country for five days every five years. To apply for the citizenship programme in Antigua & Barbuda, you must be at least 18 years of age, be of a good character with no criminal record, and have good health.
The tax regime is very friendly in Antigua and Barbuda and no additional fees are levied on imported capital or the profits gained on offshore enterprises. Its proximity to the U.S. as well as Europe, among the most advanced markets of the world, make trade prospects favourable. The standard of living in Antigua and Barbuda espouses a rich blend of tropical vibes and modern comforts featuring the exuberant culture of the islands, full of joyous Caribbean rhythms and beats.
Real Estate Projects
A successful applicant for the Citizenship by Investment Programme is required to spend a minimum of 7 days per year on the island, and this for a period of 5 consecutive years. In other words, one is required to stay for a minimum of 35 days on the island during a 5-year period. The currency is the Eastern Caribbean dollar (EC$), which is pegged to the US$ at 2.70 Turkish staying permit EC$/US$. Antigua and Barbuda is a member of the United Nations , the British Commonwealth, Caricom and the Organisation of American States , among many other international organizations. Holders of the Antigua and Barbudan passport enjoy visa-free travel to approximately 126 countries, including the United Kingdom, Canada and the countries of the Schengen area.
Full exemption from import duties, tax relief benefits and export allowance. No requirement to visit Antigua and Barbuda before citizenship is granted. Lying in the Eastern Caribbean’s Leeward Islands, the English speaking two-island state of Antigua and Barbuda is a favoured tourist destination dubbed the ‘Land of 365 Beaches’.