How To Become A Citizen Of Antigua And Barbuda
When obtaining a second passport You will need to ensure that the country does allow dual citizenship. The ideal passport allows you to keep your nationality and obtain additional citizenship/passport later. The applicant must not have been denied a visa to a country with which Antigua & Barbuda has visa-free travel. If the applicant has been denied such visa, they must receive a visa of that country before applying to Antigua & Barbuda citizenship program. Please contact us if you are interested in the Citizenship by Investment Programme in Antigua and Barbuda and would like to be kept updated.
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. The Citizenship by Investment Unit , a creature of the legislation, was staffed on August 26, 2013 and opened for business on October 10, 2013. The first application was received in November of that year and the first citizenship granted in February of 2014.
Citizenship By Investment Program Cip
The speed limit is set at 40 mph, Traffic signs posted throughout main roads in Antigua and Barbuda allow for ease of commute, and with GPS coordinates posted throughout the country, the process of navigation has become even easier. It offers a plethora of citizenship solutions for investors, frequent travelers, corporate professionals and all successful people in search of better opportunities and safety. Dependents Inclusion of dependent children under 25 and parents above 65 who are currently residing with the applicant. Application Process Get your citizenship application approval within 60 days.
Investing in a citizenship by investment program can open up access to the best schools in the world for applicants and their children by qualifying them for domestic rather than international tuition fees. This program requires individuals to make an economic contribution to the country, and in exchange, the applicants and their families are granted citizenship after passing a due diligence process. Donate a minimum of USD 100,000 in the National Development Fund for a family of up to four people. You may include yourself, your spouse, your dependent children and dependent parents over 58 years of age in the application.
In any case, budget $10,000 or so in additional fees for the service provider doing the work. It includes access to the UK, Hong Kong and all countries in the Schengen area, which is a part of Europe consisting of 26 member countries that have officially abolished border controls. Now, for families of six or more, Antigua and Barbuda’s second passport cost is the lowest in the world. As Covid-19 caused worldwide lockdowns and travel restrictions in 2020, these countries were once again forced to drop prices to remain competitive. So, you should know exactly what you are getting for your investment or donation. Citizenship by investment is often the easiest and quickest way to a second passport, but also the most expensive.
Here’s a quick calculation of the total amount one would need to spend to apply and get an Antiguan passport. Whatever fee you agree upon with the authorized agent or an agency, you’ll have to add it to the total cost of obtaining an Antiguan passport. Every person in your family who needs a passport will have to pay $300. The NDF is a fund that was established around 15 years ago to finance government projects that improve the lives of its populace. Even though it might seem counterintuitive to make a donation as opposed to investing your money in a tangible asset, this route is by far the most popular when it comes to Antigua’s CBI program.
Politically, Antigua and Barbuda has risen to substantial prominence by virtue of its numerous diplomatic connections. It is a member of the United Nations, the British Commonwealth, CARICOM, as well as Organisation of American States. As a result, the passport of Antigua and Barbuda is highly regarded globally and facilitates visa-free or on arrival visa access to 150 destinations all across the world. Why is the demand for citizenship of Antigua and Barbuda islands growing? One of the world’s most affordable economic citizenship by investment programs belongs to Antigua and Barbuda, established in 2013. Successful applicants will get the citizenship in return for a significant investment in the country.
The Government has also introduced a temporary application procedure and a list of Priority documents. These Priority documents would be enough to begin the process, although not as short as the list for St. Kitts. Turkish citizenship 250.000 USD The rest will only be needed after the Priority documents have been assessed by the Government. You can now qualify for this program by purchasing a whole ownership unit at the $200,000 investment level.
Altogether, the investment in real estate in Antigua and Barbuda comes to $430,000. 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. It’s risky to invest in a country that relies only on tourism and foreign investment and can potentially be hit by a hurricane every year. However, you could potentially recover your funds after the holding period is up. Let’s discuss each of the three investment options and talk about the Antigua passport fees associated with them.
Investment in a business, purchase of real estate, or donation to the NDF. The Antigua and Barbuda passport will allow the holder visa-free travel to 132+ countries that includes Hong Kong, Singapore, U.K., and the Schengen Area. It will be considered for renewal subject to the recipient having spent a total of 5 days in Antigua and Barbuda, since gaining citizenship, within the five years. Best offer for a family of 4, Antigua and Barbuda citizenship is the cheapest option to get a valuable second passport. The government authority responsible for administering the program, the Citizenship-by-Investment Unit , is responsible for the processing of all applications.