Caribbean Passport & Citizenship By Investment Comparison
Yearu S Tourist Visa
Antigua & Barbuda launched its Citizenship by Investment Programme in 2013. We provide professional assistance from the beginning to the end of the process and ensure a secure transaction. For two applicants making a joint investment, each party must invest a minimum of US $200,000 instead of US $400,000. Failure to spend at least five days in Antigua and Barbuda over a period of five calendar years may result in deprivation of citizenship without repayment or refund of the original investment made by the applicant.
The process of applying for citizenship in Antigua and Barbuda is rigorous and requires diligent preparation in order to gather all the information needed. Application timelines can vary and be difficult to predict, although they usually depend on how easily an applicant can access the required documentation, as well as the complexity of the application as a whole. In order to protect foreign investors from fraud, turkish citizenship by investment government officials consider applications for Antigua and Barbuda citizenship by investment only through a third party, licensed agents. Imperial & Legal will help you to obtain a Caribbean passport safely and quickly in 5 steps. A non-refundable donation to the National Development Fund of Antigua and Barbuda is one of the most advantageous citizenship by investment options for spouses with two minor children.
Recently St Lucia and Vanuatu joined the citizenship by investment market along with Malta and Cyprus in Europe. Antigua & Barbuda’s CIP Programme is one of the world’s most popular and respected Citizenship by Investment schemes. In 2019, their CIP program added over 10 jurisdictions to their list of countries with visa-free travel access, making it the strongest carribean CIP program in the world.
- 2020 has served up a global pandemic with extreme lockdowns and travel restrictions.
- Gather the necessary documents and submit the application with the due diligence fees and 10% of the government processing fees.
- Many countries offer residency if you can prove an income that will allow you to meet your living expenses.
- In such a situation, the real estate investment would not be eligible for resale under the scheme and would lose any associated premium.
High net worth individuals may choose to make a monetary contribution of US$100,000 to the Antigua National Development Fund or an approved charity. This amount extends to a family of up to four people, which increases to $125,000 for a family of five or more. There are three main investment options to choose from for the Antigua Citizenship Program. Children aged 18 to 28, enrolled full time at a university or college in an educational course, having at the time of the application, more than six months remaining of the course. Get your citizenship application processed in as little as three to four months.
Citizenship By Investment:how & Where To Buy A Second Passport & Citizenship In 2021
Upon formally receiving conditional CBIU approval, donations are deposited by wire transfer into a designated governmental escrow account at the National Commercial Bank of Dominica. If an application is rejected or withdrawn, the candidate will be refunded the entire deposit amount minus a small application fee within one month of the rejection or withdrawal. The Montenegro citizenship by investment program now allows applicants to include dependents below 18 years old. The relatively new economic citizenship program has great investment requirements, but previously did not allow entire families to qualify via a single application. Once you have decided on the ideal economic citizenship program, an immigration lawyer can represent you throughout the entire citizenship procurement process. Many investors retain an economic citizenship lawyer located outside of the jurisdiction in which they will be investing to ensure they are best protected throughout the process.
More than 10,000 people have purchased citizenship here, but it’s almost impossible to tell who they are because the information is not public. Chris Kalin doesn’t like the words citizenship for cash, or any suggestion that all you need is money to get a passport. Luxembourg, Guinea-Bissau, Azerbaijan, and Chad do not always offer birthright citizenship, except under certain circumstances. Thirty-five countries around the world have birthright citizenship as a national policy. Birthright citizenship is the legal right for children born in a country to be citizens of that country. Some countries also practice a restricted version of the rule of jus soli for children born of certain immigrants only.
Investment Program In Europe Union Countries
Its English Harbour is a yachting hub and the site of historic Nelson’s Dockyard. In the capital, St. John’s, the national museum displays indigenous and colonial artefacts. All potential investors are advised to contact the Antigua and Barbuda Investment Authority , through an authorised CIP agent to discuss the details of the proposed investment before initiating business. • Upon approval of the application on a fundamental level, the candidate, should finish the necessary speculation and pay the remaining government charges. Reside with the relatives who are remembered for the country’s application for at least 5 days inside a time of five years. Minimum Investment in real estate is USD 200,000, and this property must hold for 5 years.
With its sophisticated design and first-class concierge services, South Point Antigua defines contemporary Caribbean living. Offering a comprehensive suite of financial and advisory services, APEX assists clients in navigating the complexities of international investing. Learn more about our end-to-end client representation and project management from concept to completion. The top industries for business opportunity in Antigua and Barbuda are tourism and financial services.
Real Estate Value
In addition to the main investment, the applicant pays government fees, as well as fees for legal and administrative services. The amount depends on the specific situation, for example, the composition of the family. The prepared package of documents is sent to the Antigua and Barbuda government department dealing with citizenship by investment. This includes examining the investor’s documents and checking information about them and their family in international databases.
The Antigua and Barbuda passport through investments is among the most recent citizenship investment programs. The application processing is fast, and you can obtain a second passport after 3-4 months. It is an opportunity that you should grab with both hands, as by investments program is one of the most fast growing among population. Antigua is the only country besides St lucia that offers business investment option with a direct path for citizenship under CIP. Antigua is currently one of the best economic citizenship program among the Caribbean countries. When comparing the merits of a St Lucia vs Dominica passport, St Lucia ranks 37th in world passport rankings while a Dominica passport ranks in 41st place.
How To Qualify For Antigua & Barbuda Citizenship By Investment
A well-educated individual is a desirable candidate for economic citizenship. Antigua and Barbuda is a small island nation located in the Lesser Antilles in the beautiful Caribbean Sea. The islands are only 440 square kilometers in size and have a population of 91,295. It is an English speaking electoral democracy with an excellent international reputation, and the country’s legal system is based on British common law.
Where you can get a valuable Second Passport in less than HALF the time compared to other countries. The most important thing you should ask yourself is WHY you need a second law firm passport. Only once you are clear on why you want a second passport, can you determine how much it is worth to you and decide whether you want to go the investment route.
Antiguas Passport May Be An Investors Ticket To Paradise
In addition, there is a $30,000 NDF processing fee for a family of up to four, plus $15,000 for each additional dependent. Antigua & Barbuda, like many of its neighbours, offers a wealth of tax benefits. While it is not completely tax-free, you can greatly reduce your tax burden if you decide to live there for tax purposes, thanks to its zero capital gains, gift, inheritance, and real estate tax. It also implements a territorial tax system whereby income generated outside of the country is exempt from income tax. To obtain an Antigua passport, it is necessary to invest funds (the minimum amount is $ 100 thousand, excluding government fees and additional costs) into the National Development Fund of the State. The investment is non-refundable, but the amount is sufficient for a family of two spouses and two dependents.
Antigua and Barbuda’s citizenship programme has a robust and multi-tiered due diligence process that ensures it is globally trusted and respected. What’s more, it grants those on the programme visa-free travel to more than 150 countries, including the UK, the Schengen Area, Hong Kong and Singapore. The most recently launched investment option, the University of the West Indies fund, epitomises the principles upon which the CIP was built.
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 or citizenship can be revoked. Early in 2013, the Senate of Antigua and Barbuda voted to establish a Citizenship by Investment Programme to spur growth in the islands.
While many Caribbean offer citizenship for investment, the pandemic has forced some to have a fire sale of sorts. Les Khan, CEO of the St. Kitts and Nevis Citizenship program, told Bloomberg that because of the drop in tourism, the islands have had to find new “ways to create revenue,” including discounted citizenship programs. How to Obtain Portugal Golden Visa& The first thing that comes to people’s minds when choosing a country to get a Golden visa is its many benefits. There are numerous advantages to being a European resident, for instance, Portugal’s investor visa holders are granted the freedom to travel, live and work in all Schengen countries. Let’s look at Portugal as a country and why it makes an excellent place to become an EU citizen.
After reading this article you’ll know whether purchasing a passport is right for you, which program is best for your personal situation, and how to ensure that you don’t get scammed. Unfortunately no, an Antigua and Barbuda citizen still needs a visa to visit the USA and work there. Corporate tax concessions and tax holidays on profits of up to 20 years, including a waiver on import/export duties. Corporate tax rate is 25% and exemption from payment or reduction in the rate varies on the level of capital investment and number of jobs to be created in new investment proposals. Further, exemption from or reduction in the rate of import duty on raw materials, components and machinery and equipment can also be granted. The currency is the Eastern Caribbean Dollar which compares to the US Dollar at a rate of EC$2.70 to US$1.