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Antigua And Barbuda Citizenship For Nigerian Citizen

Why Do Applicants For Citizenship By Investment Need To Contact A Licensed Agent?

Like other countries in the region, Antigua’s economy was severely hit by effects of the global economic recession in 2009. The country suffered from the collapse of its largest private sector employer, a steep decline in tourism, a rise in debt, and a sharp economic contraction between 2009 and 2011. Our main task is to develop for you the best solution for obtaining a residence permit, permanent residence or citizenship in Europe and the world. We evaluate your situation according to more than 20 criteria and help you choose the best way of registration. You can easily travel to any country that permits visa free entry for Antigua and Barbuda citizens.

Antigua and Barbuda is a two-island state in the Eastern Caribbean, and a favorite destination of English-speaking tourists. These tropical islands are stunningly beautiful, and tourism is their main source of income. As a citizen of Antigua & Barbuda, you can travel to over 144 countries visa-free, including the UK, Schengen countries and Russia, as well as important business hubs like Singapore and Hong Kong. Moreover, Antigua & Barbuda is a member of the Commonwealth of Nations, UN, IMF, World Bank, among others.

The National Development Fund

Primarily driven by the tourism sector, which accounts for nearly 60% of its GDP and 40% of the investments, the country’s economy is one of the strongest among all the Caribbean countries. Antigua and Barbuda is governed by a parliamentary, representative democratic monarchy and follows the Common English Law Model. Similarly, the windows of investment for the citizenship of Antigua and Barbuda are extraordinarily practical and sensible.

Two applications can make a joint investment, with each applicant investing a minimum of $200,000 in order to qualify. Two or more applicants who have executed a binding sale and purchase agreement may apply jointly provided that each applicant contributes the minimum investment of $400,000. To qualify under Turkish resident permit the real estate option, the government requires an officially approved real estate with a value of at least $400,000 plus fees. A minimum of 2 persons making a joint investment in an approved business totalling at least $5m. Each person is required to contribute at least $400,000 to the joint investment.

Family Law

Real estate developments in Antigua & Barbuda cater to those investing through the Citizenship by Investment programme and make every effort to ensure ownership is a hassle-free experience. The property may not be sold within five years from the grant of citizenship staying permit turkey or citizenship can be revoked. Certain nationalities are not allowed to apply, including those from Yemen, North Korea, Afghanistan,Sudan, Somalia, Iran and Iraq. Antigua’s topography makes it ideal for the cultivation of crops such as tobacco, ginger and cotton.

Applicants who do show up in the system will then have their ETIAS applications looked over by a real person, who will decide whether the applicant will present a security risk to the Schengen area. Antiguan and Barbudan applicants who are judged to present a risk to the zone will be denied an ETIAS . Because Antiguan and Barbuda citizens do not need a Schengen visa in order to travel to the Schengen area, they will need to apply for ETIAS.

Retire In Antigua And Barbuda

Because of its economic citizenship program, it is easier to facilitate visa free travels for more than 100 countries as well as more comfortable. Applicants are required to make an investment in a designated, officially approved business investment. A principal applicant, on his own behalf, makes an investment in an approved business of at least US $1,500,000. A minimum of 2 persons to make a joint investment in an approved business totalling at least US $5,000,000. Each person is required to contribute at least US $400,000 to the joint investment. Additional fees include a government processing fee of USD 50,000 per person and a due diligence fee starting from 7,500 USD.

The Antigua and Barbuda passport may also be acquired by the spouse of the applicant, adult children who are under 28 years old, and parents who are above 65 years old. There are many benefits to getting the government investment program. It is not also required to live in the islands after acquiring the citizenship. The holder can easily have dual or multiple citizenships with other countries around the world.

The cost of a dual citizenship is quite naturally one of the main topics of interest for those considering it, and a crucial element of your personal analysis of the return on investment of the endeavour. As you can imagine even the simplest citizenship application process involves some bureaucracy and paperwork. Arton Index gives Antigua and Barbuda 16 out of 20 points on its Simplicity criterion .

Latest news and updates from the citizenship by investment industry. The investment amounts are not paid unless your application is approved. Except some of the payments that would be made at the beginning of the application such as the Due diligence fees are non refundable. Start by filling an application form online; you will be provided with a team of experts to guide you through the other requirements and and help you submit your application for processing. With Antigua being one of the most progressive nations in the Caribbean region, many find that becoming a citizen here is so much easier than in other countries.

The investment expected out of the applicants, when pitted against the benefits accrued, comes across as rather reasonable. The applicants may avail of any of the enlisted routes of investment to acquire the citizenship of Antigua and Barbuda. While there may be additional fees applied, the overall procedure and amount of investment is very cost-effective, and the entire process is usually completed within 3-6 months. The citizenship by investment programme for Antigua and Barbuda provides a second passport to investors offering visa-free travel to over 160 countries including the UK, EU Schengen zone, Hong Kong and Switzerland. There are several options for investment to gaining citizenship in Antigua.

• Dual citizenship is permitted – The applicant is not required to renounce his/her current nationality to acquire Antigua and Barbuda nationality.
• Alternatively, a joint purchase where each person contributes at least USD 400,000, totaling a minimum of USD 5,000,000.
• You can travel to 165 jurisdictions without requiring a visa, including the EU and Schengen countries, Hong Kong and Singapore.
• In acquiring citizenship of Antigua and Barbuda, the applicant will benefit not only from being able to establish himself with his family in Antigua and Barbuda but also from all the rights available to Antiguans and Barbudans.
• The first will be appreciated by wealthy people in need of an offshore harbor.
• The growth of tourism and the real estate industry has also stimulated the economic growth of St. Kitts and Nevis.

The Antiguan or Antigua passport is ranked 31st in the world and offers visa-free travel to 130 countries. The other benefits of Antiguan citizenship include no capital gains taxes and estate taxes. The country is connected to major cities like London, New York, Toronto, and Miami through direct flights. Citizenship can be acquired by investors through investments into the three aforementioned areas . Sussex offers turnkey solutions for the real estate investment option but can help assist clients who wish to pursue the other two options. A joint investment can also be done wherein two or more applicants can jointly apply for citizenship, provided that each applicant makes a minimum investment of $400,000.

Citizenship Of Antigua And Barbuda

The primary applicant may include his or her spouse, children under 18 and adult children between 18 and 28 years of age who are enrolled in full time attendance at a recognised institution of higher learning. In addition, parents or grandparents may be included who are above 58 years of age and living with, and fully supported by the primary applicant. From that date, you have 30 days to finalize your investment option and pay the remaining fees. EconomyAccording to the Doing Business Report by the World Bank 2019, Antigua & Barbuda is 113thout of 190 economies, making it third highest in the Caribbean. Heavily dependent on tourism, it generates some 60% of the island’s GDP and Antigua is certainly positioned as an ultra-high-end travel destination and is famed for its many luxury resorts.

Children aged can be included as dependents in an Antigua and Barbuda citizenship application provided they are enrolled in school full time and are unmarried and have at least six months of education remaining. To satisfy this requirement, the education records of any dependent adult children who wish to become Antigua nationals are required as supporting documents. A charitable monetary contribution to the Antigua National Development Fund of at least USD $100,000 can make a solo applicant or a family of up to four eligible for second citizenship in the country. Families of five or more must make a financial donation of at least USD $125,000. The Antigua and Barbuda NDF pools private investor money and government funds to bankroll a variety of large projects that are expected to make a positive difference in the economy of Antigua and Barbuda.

This Response was prepared after researching publicly accessible information currently available to the Research Directorate within time constraints. This Response is not, and does not purport Turkish resident permit to be, conclusive as to the merit of any particular claim for refugee protection. Please find below the list of additional sources consulted in researching this Information Request.

There are many tucked away areas to get away from it all and enjoy the lifestyle of a native islander. For those that want to be involved in the local community, there are no shortage of community organizations and non-profits that are very active in helping the disadvantaged and improving the island around them. Those on the island are very welcoming to those that want to become more involved and proactive.

Also, the individual can also not pull out from the investment deal before the proposed deal is completed. At the completion of the real estate program, one can pull out his/her investment if he/she wishes. Reside with the family members who are included in the application in the country for a minimum of 35 days within a period of five years. Under certain conditions; an investment of $200,000 can also qualify you and your family under the real estate option. Bitcoin and cryptocurrencies still not accepted for the Antigua and Barbuda citizenship by investment program (“CIP”), this option still remains in the pipeline.

Many countries don’t allow foreigners to buy property, so citizenship is a must if real estate is your thing. Not only would you be able to buy property as an investment, but you could also own two family homes and have a place of your own in both countries. Antigua and Barbuda has some of the most desirable and highly sought after real estate locations in the Caribbean. 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. Generally, real estate purchased under this option must be held for a minimum of five years.

Applicants can choose to either make a donation, invest in an approved real estate project, contribute to a local business venture or invest in the Antigua campus of the University of the West Indies. To qualify for citizenship under the real estate option, applicants must make an investment in designated, officially-approved real estate. The property must be held for 5 years after the purchase, unless buying another officially approved real estate in Antigua and Barbuda. All applicants must apply through a locally licensed agent and are subject to processing and Due Diligence /background check fees, depending on the ages of the members of the family.

Do not hesitate to contact us and we will introduce you to the most experienced consultants in the field of citizenship by investment. As it was mentioned above, the new developments have almost equalized the cost of obtaining Antigua’s economic citizenship to the prices for competing products offered by Dominica and Saint Lucia. For example, there is no income tax of any kind on income from both local turkish citizenship and foreign sources when applying for tax residency. It is possible to visit a great number of jurisdictions with an Antiguan passport without entry visas. At the very least, you can obtain it in a matter of months, having invested a substantial amount in the economy of this Caribbean country. All thanks to Antigua’s Citizenship by Investment Program whose successful participants get numerous benefits.