The Antigua and Barbuda citizenship by investment programme provide applicants with four options: contributing to the state fund, purchasing state-approved real estate, investing in a company, or donating to the University of the West Indies Fund or the National Transformation Fund. The smallest payment is $100,000 for one applicant or a household of up to four persons. Payments and responsibilities are also paid by the investor, including fees for taking the citizenship oath and legal services.
In the application, the investor may add their spouse, children under the age of 30, parents, grandparents above the age of 55, and siblings. The family makeup influences the amount of investment and additional expenditures.
- Make a contribution to the National Transformation Fund
Individual investors and families of up to four persons can save the most money by donating to the state fund. In both circumstances, the investment is $100,000. The investment is non-refundable and does not generate any revenue.
The cost of Antigua and Barbuda citizenship increases under this option for families with more than four persons included in the application. A family of five or more persons must pay an extra $25,000 to participate.
In addition to the subsidy, the investor must pay a state charge of $30,000 for families of up to four persons. If more family members are included in the application, an extra $15,000 is required for each person beginning with the fifth.
- Contribution to the Fund of the University of the West Indies
Antigua and Barbuda will give investors a new option for economic citizenship in 2020: contributions to the University of the West Indies Fund. It is only available to large households of at least six persons. The donation, like the payment to the National Transformation Fund, is non-refundable.
A family of six can contribute $150,000 to the fund. Each new person included in the Antigua and Barbuda passport application requires an extra $15,000 payment. The application processing charge is included.
This option also includes a free year of education at this university for one of the applicants’ family members. This benefit is valid for 5 years from the day citizenship was obtained.
- Purchasing Antigua & Barbuda Real Estate
Investors can purchase a share in a government-approved real estate project for a minimum of $200,000. These investments are often made in five-star hotel complexes around the country. Investors have a choice of 39 properties. To get more details check out this guide Antigua & Barbuda citizenship by investment.
One of the sites authorised for the Barbuda and Antigua citizenship by investment programme is a hotel complex in St. Mary’s County, Antigua. The search is just 50 metres away, and shops, restaurants, and golf courses are a 5-minute walk away. The investor can purchase a $200,000 interest or a unit in the property.
In addition to the investment, the applicant must pay a $30,000 government charge for families of up to four persons. If there are more people participating, an extra $15,000 is provided for each additional member listed in the application.
The option for acquiring real estate allows the applicant to sell their interest after 5 years. Furthermore, they get dividends during this five-year period of ownership. The annual return on investment in real estate ranges from 3% to 8%.
- Antigua and Barbuda business investment
To get citizenship by investment in a firm in Antigua and Barbuda, the applicant must invest at least $1.5 million in a local company that the government has included in the citizenship by investment programme.
Investors can pool their resources and contribute $5 million. Each applicant’s stake, in this case, must be at least $400,000.
If more than four family members are included in the application, the Antigua and Barbuda passport costs $150,000 extra.
In addition to investing in the business, applicants must pay a $30,000 government fee for a family of up to four persons. An extra $15,000 must be paid for each new application.
- Additional fees for acquiring citizenship in Antigua and Barbuda
Applicants must also pay for legal services, government fees and taxes, bank costs, and fees for taking the citizenship oath.
The cost of legal services is determined by a variety of factors, including the size of the family and the number of documents necessary. Government and bank fees are set.
Due Diligence is the most expensive extra charge. This is a required stage of the programme in which the government investigates the applicants’ reputation and solvency.
Each applicant must additionally pay a $300 passport cost and a $300 bank charge per person.
The minimum investment cost, excluding legal fees and the citizenship oath, is $138,100.
Taking the oath is an additional expense. To get citizenship, each applicant must take the citizenship oath. Investors have three choices:
-1. Travel to Antigua & Barbuda to take the oath;
-2. Select one of 15 international representative offices;
-3. In the presence of a notary, take the oath online through Skype or Zoom.
The price varies depending on the country. The online oath costs $725 for the investor and $225 for each additional adult member included in the citizenship by investment application.
Immigrant Invest is a government programme agent licenced in the European Union and the Caribbean.