Antigua and Barbuda is a sovereign state comprising two islands located in the Caribbean Sea. The nation is widely recognized for its breathtaking beaches and crystal-clear waters, which attract a significant number of tourists each year. The country boasts a unique cultural identity, with influences drawn from various colonial powers, including the British, as well as African and indigenous Taíno cultures. The larger of the two islands, Antigua, has a rich historical background that includes a period of colonial rule and the legacy of slavery, while Barbuda is renowned for its abundant natural beauty, including diverse bird species and popular bonefishing sites. Antigua is synonymous with tropical leisure and relaxation in the Caribbean. Are you a businessman looking for ways to secure your family’s future? If so, you may have heard about the Citizenship by Investment (CBI) program offered in Antigua and Barbuda. The CBI program allows individuals to buy citizenship of Antigua in exchange for investments in real estate or government funds. Here’s a breakdown of how the process works.
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Choose Your Investment Option in Advance
The Citizenship by Investment program offers two investment avenues to interested individuals. The first option involves the investment in real estate, with a minimum value requirement of US$400,000, along with additional fees and taxes that may vary based on the number of applicants included in the application. The second option involves a contribution of US$100,000 to the National Development Fund (NDF), which supports the financing of various infrastructure projects including, but not limited to, roads, schools, hospitals and other community-driven initiatives.
Submit Your Application and Documentation
Once you have chosen your investment option and made the appropriate payment(s), you will need to submit an application along with several supporting documents including passport copies for each applicant, copies of birth certificates, police clearance certificates from each country you have lived for more than six months over the past five years, proof of address history for each applicant, marriage certificate (if applicable), medical examination report(s), etc.
Wait for Approval
Your application will undergo a thorough review by government officials to assess its compliance with the requirements stipulated by the Citizenship by Investment program. The review process typically takes between one to three months to complete, however, any delays in the process may result from an incomplete or inaccurate application. Upon successful review, you will receive official certification confirming your new citizenship status.
Conclusion
Once your application is approved, you can enjoy all benefits associated with being an Antiguan citizen such as visa-free travel to 130+ countries including Canada and all countries within Europe’s Schengen Area. You also benefit from tax relief programs available only to citizens as well as access to banking services in Antigua and Barbuda which could help grow your business even further. For entrepreneurs looking for ways to secure their family’s future while enjoying some great benefits along the way, applying for Citizenship by Investment through Antigua & Barbuda could be just what they need!
