Best Caribbean Citizenship By Investment Program
Antigua And Barbuda Citizenship By Investment Cost: Real Estate Investment #2
The investor and all adult members of their family included in the application must take the oath of allegiance to Antigua and Barbuda. This can be done by video link, at a consulate or in person in Antigua and Barbuda. Citizens are required to visit Antigua and Barbuda for at least 5 days within 5 years after receiving their passport.
Here we take a look at the best investments officially approved for the real estate route of the Antigua & Barbuda Citizenship by Investment Program. Another one of the advantages of having dual citizenship is the option to purchase properties or land in your second country of residence. 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. This option of obtaining an Antigua and Barbuda passport requires a purchase of an island property which costs at least $200,000. This property must be part of projects which are approved by the government from reliable developers.
Minimal Residency Requirement
It is important to understand that the easiest is not always the best. Before settling on where you would like to acquire a second passport, you need to fully consider what it is you require from your citizenship and whether the country in question fulfills these requirements. Naturalisation is the most time-consuming way to become a dual citizen, but it not the only option. Although it is affordable it is only for individuals who desire to live in the country on a more permanent basis.
We cover how to determine if citizenship by investment is right for you in this article. The Antigua passport does offer 6 more visa-free countries, but you should consider whether the additional countries matter to you and are worth an additional $30,000. This requires the most money — $1.5 million directly into an eligible business as a sole investor; or via a joint investment involving at least two law firm istanbul persons totaling $5 million or more, with each investing at least $400,000 individually. You can choose to work with a world-famous service provider and pay tens of thousands of dollars in fees, or work with a much smaller firm and pay a fraction of that. Depending on the country, the donation amount can vary from $100,000 to over $2.5 million , plus applicable processing and due diligence fees.
Additional Application Requirements:
The finance services industry and the government the next largest employers, while its agricultural production is mainly focused on the domestic market and constrained by limited water supply. In addition to the investment, you will be required to pay additionalgovernment fees, due diligence fees, and passport fees. You can gain your Antigua and Barbuda passport by investment in different ways but property investment is a popular choice.
Second citizenship through the St Kitts Economic Citizenship Program will no longer be possible by donating to the country’s Hurricane Relief Fund , which was temporarily available in 2017 and 2018. The list of countries offering a residency or citizenship by investment program continues to increase as Anguilla launches their own such scheme. Investors can now qualify for residency in Anguilla by purchasing at least $750,000 of real estate in the country and making a one-time donation of $150,000 to the Anguilla Capital Development Fund. While Caribbean citizenship by investment programs often market themselves as the least expensive, for those who can afford the upfront investment the Cyprus Economic Citizenship Program may actually provide the best value in the long run. Real estate prices in Cyprus bottomed out in 2016 after dropping more than 30% since the Great Recession.
Download the Antigua and Barbuda factsheet from the citizenship tab to find out more about the program. Often referred to as the “heart of the Caribbean,” Antigua and Barbuda is one of the most well-connected islands in the region. The recently opened VC Bird International airport is one of the most modern international airports in the Caribbean Isles and plays host to several major airline carriers.
Let our knowledge team help you with any questions you may in regards to the Citizen in Investment programme. This scheme is for only Antigua & Barbuda with a minimum investment of $140,000 and we do not offer visas for the USA or Canada. A selection of alternative residency and citizenship investment programmes to consider. Featured below are a selection of the best investment options available for citizenship investment in Antigua & Barbuda. This means that you can be a citizen of Antigua & Barbuda and also a citizen of other countries.
To help you do a cost-benefit analysis of each option to determine its feasibility, we have listed the pros and cons below. When these price increases were first being considered, the minimum required investment was USD $200,000 for a family and USD $175,000 for a husband and wife (the cost of each has since gone down USD $25,000). If these changes are implemented, this will be the new cost of 2021 Dominica citizenship when making a monetary Economic Diversification Fund contribution.
Because permanent residents remain citizens of their original countries, their political rights in the country of residency are limited. Also, in order to retain their status, residents need to stay in the country where it was granted for a specified period of time. Leave the country for an extended period comes with a risk of losing the residency status. A citizenship program, or a dual citizenship program, are terms used to describe governmental initiatives that enable foreign nationals to acquire citizenship in a different country. For example, both Antigua and Barbuda’s Citizenship by Investment Program , or Maltese Individual Investor Program are types of dual citizenship programs. An option to purchase real estate may be added to the citizenship program sometime in the future.