Antigua and Barbuda is one of the largest English-speaking Leeward Islands. With around 365 beaches filled with clean emerald waters, lush locales and pearly beaches, the destination is an inviting paradise for all immigrants.
The total size of 442 square kilometres and gorgeous locations make Antigua and Barbuda one of the sought-after destinations for settling down. To make things easier for investors, the economic program of the country facilitates visa-free or visa-on-arrival access to 150 countries.
Let us now check out the pointers to apply for citizenship by investment in the nation.
- A Basic Overview:
Like all other citizenship programs, Antigua and Barbuda also provide appealing options for people looking for alternative citizenship. Launched way back in 2013, the program provides citizenship by investment through options like real estate, donation routes and business investment.
People can also acquire the citizenship of the country by donating desirable properties to the islands National Development Fund. However, keep in mind only applications from the government-registered agents are accepted and none of the other preferences will be entertained. Antigua and Barbuda also allow people to go for dual-citizenship which proves beneficial for both business and tax relief.
- Requirements for Antigua and Barbuda Citizenship by Investment:
The scenario today has shifted from being stuck in your own country to looking for better prospects outside. This mere thought drives the intellect of many individuals across the globe who then look forward to settling down in other nations. Antigua and Barbuda offer such profound schemes for immigrants who wish to take up their citizenship.
First of all, those who plan to apply for citizenship must meet the minimum age requirement of 18 years with absolutely no criminal record. You must also be ready to purchase real estate with a minimum value of USD 200,000 to qualify. Also, direct purchase of a business equivalent to 1.5 million or a joint purchase of USD 400,000 is encouraged by the government.
Apart from that immigrants must also be ready to make a contribution of USD 100,000 to the National Development Fund.
- Procedures and Time Frame For Antigua Citizenship Program:
In Antigua, the Citizenship by Investment Unit is responsible for churning out various schemes for the immigrants. Although the due diligence taken up by Antigua and Barbuda government is strict, the documentary requirements are reasonable and the procedures are straightforward.
The overall time frame for the application to get approved lies between three to four months. And once the citizenship gets approved then the passports can be directly collected from Antigua and Barbuda itself.
Apart from all these documentary requirements, there are other rules which the immigrants must adhere to. This includes residing in the country for a minimum of 5 days per five years for obtaining citizenship.
- What Are The Benefits Of The Citizenship Program?
As with all other schemes, the citizenship by investment scheme of Antigua and Barbuda also brings a plethora of benefits. These are:
— Every person who is a citizen of the country has visa-free or visa-on-arrival access to over 150 destinations like Singapore, the UK, Schengen Area and Hong Kong.
— As Antigua and Barbuda is a member of Commonwealth nations, it entitles citizens to certain privileges in the neighbouring countries such as the UK and other states.
— The destination abounds with excellent infrastructure and transport facilities which makes it the best place to live in. The air links of the country extend to North America and Europe for the comfort of residents.
- Maximum Limit To The Number of Dependents:
All applicants are allowed to include a spouse, dependent children under the age bracket of 31 years as well as their spouse and children with them. Also, parents and grandparents aged 55 years and unmarried siblings above can travel with the main applicant once citizenship is granted.
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