Important factors to consider in residence planning
The Antigua and Barbuda Citizenship-by-Investment Program requires applicants to make a significant economic contribution to the country. In exchange, and subject to a stringent vetting and due diligence process, including thorough background checks, the applicants and their families are granted citizenship.
To qualify for citizenship, the main applicant must be over 18 years of age, meet the application requirements, and select one of the following three options available:
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1. |
The purchase of real estate with a minimum value of USD 400,000 from an approved real estate project. Two applicants can make a joint investment with each applicant investing a minimum of USD 200,000 in order to qualify. The real estate cannot be disposed of within the five-year period |
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2. |
The direct purchase of an eligible business for a minimum amount of USD 1.5 million as an individual. Alternatively, a joint purchase where each person contributes at least USD 400,000, totaling a minimum of USD 5,000,000 |
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3. |
A contribution to the National Development Fund (NDF) of a minimum non-refundable amount of USD 100,000 |
The NDF is a special fund established under § 42(2) of the Finance Act 2006 for the purpose of funding government-sponsored projects. More details pertaining this route are detailed in the factsheet, which is available for download.
Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.
Henley & Partners Caribbean Ltd
Suite 202, Village Walk Mall
Friars Hill Road
St. John's
Antigua
T +1 268 562 2625