Antigua & Barbuda Direct Citizenship Program in Middle East
Why Choose Antigua & Barbuda ?
Antigua and Barbuda consist of exquisite tropical islands and is a sovereign Commonwealth country including 2 islands and various other smaller ones. Situated in the Eastern Caribbean it is well- known for its many luscious beaches. Antigua and Barbuda is a member of the United Nations and the British Commonwealth numerous other international organizations.
Antigua & Barbuda Citizenship by Investment Program
Citizenship by Investment – National Development Fund What is National Development Fund?
National Development Fund is a non profit fund established in 2006 by the Antigua & Barbuda Government with aim of offering support to non profit organisation delivering services in sectors like healthcare, education, environmental development, youth development or promotion of sports and culture.
Citizenship by Investment through NDF :
Government of Antigua and Barbuda has a special program by which an investor can apply for citizenship by investment program through investment in NFD. The investment amount is a minimum amount of USD 1,00,000 per application. This is a one time payment to be made by the investor.
Citizenship by Investment – Real Estate
In order to attract foreign investor the Antigua and Barbuda government has established a second type of citizenship by investment program which requires the investors to invest in real estate – purchasing a property.
Under this method the government requires an investor to make an investment in a n officially approved property with a value of at least US$ 4,00,000. Payment of government processing fees and due diligence fees is extra. The processing fees for a family of four is US$ 50,000 and and for every additional member the processing fees is US$ 15,000.
Investors can also make an investment jointly provided each of them makes an investment of US$ 200,000. Under the citizenship by investment program the government has applied a condition according to which the owner of the property cannot resell it until 5 years.
Advantages of Antigua & Barbuda Citizenship by Investment Program
- Free Travel : Passport holders of Antigua and Barbuda enjoy the facility of visa-free travel to almost 151 countries, including the U.K., Canada, Hong Kong, Singapore, Europe and other countries of the Schengen area.
- Lifetime Citizenship : Antigua and Barbuda government offers a lifetime citizenship to the investor.
- Financial Benefits : Zero taxes on global income, wealth, gifts or capital gains.
- No Restriction of Requirements : Under the Antigua and Barbuda citizenship program there is no requirement for an interview and in fact there is no need to travel to the country to complete the application.
- No Stay Requirements : There is a requirement to reside in Antigua for a minimum period of 5 days during the first five years when the investment must be maintained.