Economic Citizenship Program Antigua and Barbuda
Economic Citizenship Program Antigua and Barbuda | GCI. We are the world's leading experts in advising foreign investors on Citizenship & Residency by Investment. Antigua and Barbuda Economic Citizenship Program. Get Antigua and Barbuda citizenship and passport in 3-4 months. Read more on how to apply to Economic Citizenship Program Antigua and Barbuda
The tropical islands of Antigua and Barbuda located in the heart of the Caribbean are the perfect idyllic place rich in vegetation, beautiful beaches, lagoons and abundant vegetation, with a very pleasant and cool weather around the year. Antigua and Barbuda is an independent Commonwealth state in the Eastern Caribbean with some 365 beaches of clean turquoise waters, the lush tropical islands are an inviting paradise and considered to be one of the most beautiful places in the world. Antigua and Barbuda are located in the middle of the Leeward Islands in the Eastern Caribbean, roughly 17 degrees north of the equator. To the south are the islands of Montserrat and Guadaloupe, and to the north and west are Nevis, St. Kitts, St. Barts, and St. Martin.
Temperatures generally range from the mid-seventies in the winter to the mid-eighties in the summer. Annual rainfall averages only 45 inches, making it the sunniest of the Eastern Caribbean Islands, and the northeast trade winds are nearly constant, flagging only in September. Low humidity year-round.
To apply for the Economic Citizenship Program Antigua and Barbuda the applicant has to make a significant economic contribution to the country. The first option is to make a investment of minimum 100,000 USD to the National Development Fund. Second option is a designated investment in officially approved Real Estate with total value of a minimum of 400,000 USD. The investment must be kept for a minimum of five years and might be the case that investors have to pay some additional taxes and fees. Third Option is to make a business investment for Independent Investors or Joint Venture Investors starting with a minimum investment of at least 1,500,000 USD. We will guide you through the whole submitting process for the Economic Citizenship Program Antigua and Barbuda.
Antigua and Barbuda Citizenship by Investment Options
Antigua and Barbuda Citizenship by Investment Options: The investor and family can immediately obtain their passports once their application is approved and the documents are valid for an initial period of five years with the possibility to renew indefinitely. It is not required to permanently reside in the country. Deprivation of citizenship may occur if the citizen does not spend at least 5 days in Antigua and Barbuda during the period of five calendar years after having obtained citizenship and they will not be entitled to repayment of any investment, contribution or purchase price made by them in their original application for citizenship. Furthermore, deprivation of citizenship will occur where such registration as a citizen was obtained by false representation or fraud or wilful concealment of material facts or the person has been convicted in Antigua and Barbuda of an act of treason or sedition.
How to apply for citizenship in Antigua and Barbuda?
To apply for Economic Citizenship Program Antigua and Barbuda applicants must be at least 18 years of age, be of a good character with no criminal record, and have good health. An applicant may apply together with his or her spouse and dependent children, and, in some cases, dependant elderly parents or grandparents.
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.
The process may be simplified into the following steps:
- Application preparation and pre-approval by GCI - Global Citizenship Investment
- Submission of the application to the Government of Antigua and Barbuda
- Government processing of the application and due diligence checks, taking between 4 and 6 months for completion.
- Approval in principle.
- Investment in a business, purchase of real estate, or donation to the NDF.
- Citizenship certificate issued.
- Passport application and issuance.
The documentation that you require is as follows:
- Form AB1 – Citizenship by Investment Application
- Form AB2 – Photograph and Signature Certificate
- Form AB3 – Medical Certificate
- Form AB4 – Investment Confirmation Form
- Form AB5 – Agent Form
- Passport Application Forms – (These are available from us)
Furthermore our consultants will guide you through the whole submitting process for the Economic Citizenship Program Antigua and Barbuda.
Why become a citizen of Antigua and Barbuda?
We suggest the Economic Citizenship Program Antigua and Barbuda will offer our customers a lot of benefits.
- Citizenship for life, with the right to live and work in the country
- The time frame of precessing application is within 3-4 months.
- Visa-free travel to 150 countries and territories, including the Schengen Area (EU), the United Kingdom, Hong Kong, and Singapore
- No interview and no mandatory travel is required during application process
- Tax free on worldwide income
- Dual citizenship is permitted
- No restriction on the repatriation of profits and imported capital
- Life in an economically, legally, and socially stable country that belongs to the Commonwealth of Nations, and whose political system is based on the British parliamentary system
- Life in a tropical paradise, with appealing lifestyle and retirement options
- Low residency requirement
- No minimum level of English requirement
- No previous education or management experience requirement
Tourism continues to dominate Antigua and Barbuda's economy, accounting for nearly 60% of GDP and 40% of investment. The dual-island nation's agricultural production is focused on the domestic market and constrained by a limited water supply and a labor shortage stemming from the lure of higher wages in tourism and construction. Manufacturing comprises enclave-type assembly for export with major products being bedding, handicrafts, and electronic components.
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. Antigua has not yet returned to its pre-crisis growth levels.
Prospects for economic growth in the medium term will continue to depend on tourist arrivals from the US, Canada, and Europe and could be disrupted by potential damage from natural disasters. The new government, elected in 2014 and led by Prime Minister Gaston Browne, continues to face significant fiscal challenges. The government places some hope in a new Citizenship by Investment Program to both reduce public debt levels and spur growth.
Antigua and Barbuda Passport
Antigua and Barbuda passport is issued to citizens of Antigua and Barbuda for international travel. The passport is a Caricom passport as Antigua and Barbuda is a member of the Caribbean Community. In 2016, Antigua and Barbuda passport holders enjoyed visa-free access, or visa-on-arrival, to 150 countries and territories, ranking as the 27th best passport in the world. Passport holders may travel to Hong Kong, Singapore, the UK and Europe, among others, with relative ease and without challenging visa requirements. As of June 27, 2017, citizens of Antigua and Barbuda will need a visa to visit Canada. From that date, any existing electronic Travel Authorization (eTA) issued to a citizen of Antigua and Barbuda will become null and void, and affected individuals who had previously been issued an eTA will no longer be able to use that eTA for the purposes of travel to Canada.