Antigua And Barbuda Citizenship By Investment Cbi Program
Antigua And Barbuda’s Citizenship By Investment Program
Benefits of the antiguan passport include visa free travel to EU countries and UK and for 150 countries as of 2019. We also offer considerate follow-up services, such as application for renewal, permanent residence and family reunification. 10 years of international experience in Switzerland, France and Singapore etc.
The funds must be held in your bank account for two years or your can prove the availability by showing the source of funds. UK financial institutions, where an investment account is open, are required to conduct thorough due diligence checks on all investors and state that in their letter. Children of Maltese citizens also automatically inherit citizenship, which means you can pass on European citizenship to your children and grandchildren. Upon completing all requirements, the investor and dependents will receive a naturalization certificate and be given a Maltese passport.
Several years ago, I became a citizen of the Comoros Islands via investment, but once a new government took over, they shut the program down. I can still use my passport – I am and will continue to be a Comorian citizen – but the program is no longer available to new applicants. If we ranked the twelve citizenship by investment programs based solely on travel privileges, Malta would come in at number one, followed by Cyprus. But be careful, as Malta may not fit into your holistic financial and personal plan. Vanuatu’s passport is one of several economic citizenships that offer visa-free travel to Russia. It also offers the standard access to the United Kingdom, Ireland, and, more recently, Europe.
An attractive climate for both people and tax, the English speaking, two-island state of Antigua and Barbuda is a favoured tourist destination dubbed the ‘Land of 365 Beaches’, lying in the Eastern Caribbean’s Leeward Islands. There is currently no mandatory interview requirement for the Dominican Citizenship by Investment Program; however an interview may be required at the discretion of the government. It is important to allow for some extra expenses just in case any issues arise in acquiring documents or if extra travel is needed. The Government of Antigua and Barbuda attempts to make the process as easy as possible, but they do reserve the right to require extra documentation if they see a need to do so.
Additional Fees For Antigua And Barbuda Citizenship Options
While there have been rumors of economic passport programs popping up in random Pacific islands over the years, there is currently only one offering passports by investment – Vanuatu. Meanwhile, Egypt and Jordan, which technically have citizenship by investment programs, are never the options that we would recommend to our clients. All in all, Grenada isn’t the most affordable citizenship by investment program out there.
Investors are eligible for fast-track citizenship after 1 year of permanent residency with no physical presence required. When it comes to securing a second passport, it’s important to know all of your citizenship-by-investment options. Many countries offer residency and citizenship programs, each with different investment requirements and benefits. Depending on the program you choose, you can either invest in a single option or spread the investment across several different options.
The temperature is rising, and Antigua’s program may be at risk, both at home and in the U.S. and EU, where visa-free access is jealously guarded. But the resulting hole in the island’s public finances led to a rapid expansion of its Citizenship by Investment Programme . After elections in 2014, the new ruling party “went ballistic,” according to one observer, issuing hundreds of passports, mainly to Chinese and Middle Eastern individuals. The government also stopped releasing the names of new citizens as well as the financial records of the program.
We always tell clients to consult a lawyer in your country to seek a legal opinion before acquiring a foreign citizenship. Applicants can opt to proceed with a real estate investment in a government-approved real estate project in the tourism sector. Applicants must invest a minimum of USD$ 200,000 in a joint investment of USD$ 400,000 if proceeding as a single investor. After a set period of time, investors can choose to sell the investment without affecting their citizenship status.
The donation to secure this citizenship is a non-refundable, one-time payment for a single applicant to the National Development Fund of Antigua and Barbuda and must be made as soon as the Letter of Approval in principle is received. Citizenship by Investment in Antigua and Barbuda is to the tune of $100,000 and has to be made in favor of the National Development Fund of Antigua and Barbuda. For the main applicant and his spouse it is $165,000, if it is a family of four then the fees is $200,000 and for dependents such as parents, it is $25,000 for each member.
Non-residents who gain citizenship under the program are not charged any tax. There are no residency or personal visit requirements to gain citizenship. Government processing of the application and due diligence checks, taking up to 2-3 months for completion. The same donation amount would be required if an investor applies alone. Goldpassports.com is a neutral platform for information on investment citizenship schemes.
Antigua & Barbuda Economic Citizenship By Investment Program
While the islands are in fact free, they actually work under an established government, implying that British Queen Elizabeth II, spoken to by Governor-General Rodney Williams, is as yet their head of state. Notwithstanding, there is additionally a Prime Minister, Gaston Browne, and two administrative houses, the Senate and the House of Representatives, which is allowed by the constitution. “1 stop solutions” for all your Citizenship by investment in Antigua and Barbuda with additional support. Companies can use our large database of international candidates for free and also, purchase Job Posting Packages. Have your own virtual office at any of our 65 international locations at affordable price per month, which gives your business a prestigious address.
When you send us an e-mail, please, indicate your current citizenship, country of residence, and age of every family member to be included into application in order we could quote the fees and expenses applicable in your case. The primary applicant may include spouse, dependent children and dependent parents over 65 years of age within the application. Government and due diligence fees will be payable per each individual . In 2012, in an effort to restructure and overcome the debt and to support the local economy, the Government of Antigua and Barbuda introduced a citizenship-by-investment program.
Will A Plan B Passport Affect My Travel Benefits?
The application procedure consists of 6 steps, with a period of 8-10 month month. Close Relationship with the Government Due to the close relationship with and the strong support from the government, Globevisa can always get the latest news about immigration from Turkish staying permit the government directly. Strong Legal Support Due to the good relationship with Antigua government, Globevisa’s professional legal team manages to follow the process of review for each case, being the bridge between clients and the Department of Immigration.
Supporting documents that are not in English must be translated by an accredited professional translator and duly notarized. A parent or legal guardian must sign for all applicants less than 18 years old. A personal reference must know you for at least five years, and must not be a family member.
The passport will afford the holder visa free travel to 131 countries that includes Canada, Hong Kong, Singapore, the U.K. You can make a one-off payment of USD100,000 (or USD$125,000 for a family of 5 or more) to the National Development fund. This payment covers the primary applicant, spouse, dependent children, and dependent parents over 58 years old. You can invest a minimum of USD400,000 into designated, approved real estate.