antigua and barbuda citizenship
It’s also put in further danger by the rising sea levels. Advantages of Antigua and Barbuda citizenship. Usually, if a program lures you in with a lower ‘total investment,’ they will tack on higher processing fees. To obtain citizenship of Antigua and Barbuda, you do not need to speak its official language or study the history of the country. So, what are the additional Antiguan passport fees? Dual citizenship is recognized in Antigua and Barbuda. Don’t forget to factor in flights to Antigua if you plan to retain your Antiguan passport for more than 5 years. A one-off national donation Fund of US$100,000 to the Government of Antigua and Barbuda can be accepted. In fact, you can get an Antiguan passport without ever leaving your home. Citizenship of Antigua and Barbuda. “The investment: $100,000 donation to the Antigua National Development Fund for a family of up to 4 people. E-mail: email@example.com. It’s $7,500 per adult applicant, $2,000 per dependent aged 12-17 (under 12s free), $4,000 per dependent aged 18 or older. While other programs will tack on additional costs for every member of your family, Antigua lets a. apply for the same price – that’s a bargain. Life is idyllic n the two small Caribbean islands of Antigua and Barbuda. Even though you can’t live tax-free in Antigua and Barbuda if you choose to become a resident, the tax environment as a whole is quite favorable. The due diligence fee is charged for each family member above the age of 11 years as prescribed in the table below. It’s also put in further danger by the rising sea levels. Ever since the price drop, the program has seen a surge of Chinese applicants who now account for nearly one-third of the applications. All applications are subject to rigorous due diligence to ensure that only meritorious applicants are granted citizenship of Antigua and Barbuda. The investment: A one-time donation of $150,000 to the University of West Indies Fund (UWI). Currently, there are four qualifying investment options: National Development Fund. After your passport is renewed, there is no more residency requirement. Every person in your family who needs a passport will have to pay $300. Of course, there are also some cons to the Antiguan program. Real estate investors will need to provide a sale agreement. The main thing is that the project must be approved by the country’s government. You don’t have to live or even visit Antigua and Barbuda to obtain its passport. That’s the fate of a country that falls prey to the forces of nature and larger global players. We’re here to tell you how to invest in Antigua and Barbuda and get citizenship. In addition to the investment and the government fees that are applied to each of the three investment options, there are more fees tacked on each application – all for good measure. Additionally, not many people want to live in Antigua and Barbuda on a permanent basis. Our Turkish citizenship attorneys are ready to assist you to file for Antigua and Barbuda Citizenship Program. The total time it takes, from the lodging of your application to actually holding your passport in your hand is relatively quick, especially when compared to European CBI programs. It’s quintessentially Caribbean too, with rum factories, brightly colored villages, and friendly locals. T he Antigua and Barbuda citizenship by investment application process is extremely efficient, and the government of Antigua and Barbuda is committed to the highest standard of due diligence and vetting of investor applicants ensuring only persons of impeccable standing and repute will be admitted. However, you won’t automatically have the right to vote in elections. Antigua has recently expanded its main airport terminal, spending 45 million on three passenger jet bridges and 25 check-in counters. To qualify for Antigua and Barbuda citizenship by investments, citizens have to make $150,000 contribution to UWI fund: – USD 150,000 is the required amount for families for four or more people. The dynamic is due to the islands’ popularity among tourists. Every person in your family who needs a passport will have to pay $300. 0 Comments. There are several options for investment to gaining citizenship in Antigua. Antigua and Barbuda has a newly launched citizenship by investment program for investors who can directly acquire citizenship and passport by donation to a charity or through purchase of real estate. In the evenings, there are discos and live entertainment. So, if you are looking for the best overall cost-to-benefit ratio, we would strongly consider including an Antiguan and Barbudan passport in your passport portfolio. The Antigua and Barbuda CBI program is also one of the few that not only allows for adult dependent children aged 18-26 to be included in the main application (if they are a full-time student), but it also allows for parents and. : $400,000 invested in a local Antiguan business. Additional dependents at $25,000 each. There are no TVs or radios: the philosophy is for couples to enjoy each other’s company without distractions. It could be an attractive option for those looking to recover all the money that they’ve invested if they can wait five full years. . The Antigua and Barbuda Citizenship-by-Investment Program offers an excellent solution for high-net-worth families seeking access to the European and Caribbean markets, as well as visa-free access to key Asian financial centers. Foreigners will be able to buy shares in hotels when construction starts. This will usually range from $40,000 to $70,000. . $100,000 donation to the Antigua National Development Fund for a family of up to 4 people. 2. Don’t forget to factor in flights to Antigua if you plan to retain your Antiguan passport for more than 5 years. Government fees: All processing fees are included in the $150k donation amount, but additional family members will require an extra $15,000 donation per person. 1. Antigua and Barbuda has the most straightforward and transparent fee structure. Agent fee. Owners of shares will receive dividends: the developer forecasts up to 8% p.a. Cocos Hotel and Keyonna Beach Resort are not yet on the list of approved projects under the programme. The Antigua and Barbuda citizenship by investment program was discussed in Cabinet in August 2011 after Brian Dobbin and Kaline Kennard of Elmsbridge Property International and Citizens International; made a presentation to the cabinet members proposing the country create its own program modeled on St Kitts & Nevis program but with some key differentiators. They’ve also established their citizenship by investment program, which has raised a large sum of money for this tiny country, allowing it to develop and grow. But they do have a residency requirement for after you receive your passport: you’ll need to spend five days within a period of five years to maintain your citizenship. You’ll be in good company in Antigua and Barbuda, one of the most luxurious and exclusive two-island-states out there. Although other Caribbean countries with CBI programs don’t have residency requirements, Antigua and Barbuda does. Notice: The Citizenship program of Antigua and Barbuda restricts nationals from Afghanistan, Iran, North Korea, Somalia, Yemen and Sudan from applying to the program. Antigua and Barbuda is known for opulent travel. All rights reserved. The absolute minimum that you have to invest in is $100,000, plus nearly $40,000 in fees to obtain an Antiguan passport. However, it’s geographic location spells out trouble – it comes in the shape of tropical storms. : $400,000, or $200,000 each if two related parties make the investment. Tel: 1-268-481-8400/1/2. Access and privileges in the UK. Assuming an agent fee of $55,000, a family of six (2 adults, 2 teenagers, and 2 young children) applying for citizenship by way of donation will spend $285,800. You may only buy real estate that’s pre-approved by The Cabinet, which means that you’ll be looking at the overpriced luxury real estate segment. It previously had granted Antiguan citizens visa-free travel to Canada, but it’s no longer the case. 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