Antigua & Barbuda
Antigua and Barbuda is an independent Commonwealth state in the Eastern Caribbean. Antigua was first discovered by Christopher Columbus in 1493 and later became a British settlement. Under Lord Nelson, it became Britain’s main naval base from which it patrolled the West Indies.
Antigua and its flatland topography were well suited to produce its early crops of tobacco, cotton and ginger. The main industry, however, developed into sugar cane farming which lasted for over 200 years. Today Antigua’s key industry is tourism and related service industries. The next largest employer is the financial services industry.
Antigua and Barbuda is a constitutional monarchy with a British style Parliamentary system of Government. The Queen has a representative, an appointed Governor-General, representing the Queen as the Head of State. The High Court and Court of Appeal are the Eastern Caribbean Supreme Court and the Privy Council in London, UK.
Residents Antigua and Barbuda are not subject to personal income, capital gains, wealth or inheritance taxes and there is no tax on income generated outside the country. While there is a moderate corporate tax on local companies there is no personal income tax. There is also no citizenship-based taxation for those Antiguans resident abroad. The currency is the Eastern Caribbean dollar (ECD), which is pegged to the USD at 2.70 ECD/USD since its inception.
Antigua and Barbuda is a member of the United Nations (UN), the British Commonwealth, the Caribbean Community (CARICOM), the Organisation of East Caribbean States (OECS) among many other international organizations.
Option for Citizenship-by-Investment
Donation - USD 100’000 - Donation for a family of four for the National Development Fund.
Donation - USD 150’000 - Donation for a family of six or more to the University of the West Indies (UWI) fund.
Real estate - USD 200’000 - The minimum investment into an approved real estate project with a holding period of no less than 5 years.
There is an additional government processing fee of USD 30’000 for up to 4 persons on an application, which is applicable for all investment options excluding the UWI Fund option. Due diligence fees are USD 7’500 for the Principal Applicant, USD 7,500 for the spouse, USD 4’000 per dependent above the age of 18, and USD 2’000 per dependent ages 12 to 17.
Program Features
Processing time of approximately 3-4 months
Inclusion of dependent children 30 and under, and dependent parents 55 years and above, Siblings of the Principal Applicant and/or spouse of any age once single and childless (dependency not required)
Spouses, dependent children, parents and siblings can be added after approval
Benefits
Visa-free travel to 150 countries, including UK, Schengen Area, Singapore, Hong Kong, South Korea, Russia, and Qatar
Settlement right in all OECS (Organization of Eastern Caribbean States) member states
Minimal physical presence required (5 days within the first five years)
Daily direct flights from London, New York, Miami and Toronto
Key facts
Capital City : St John’s
Languages : Local Language, English
Currency : East Caribbean dollar (XCD)
Population : 99,337
Time Zone : UTC -4
Area : 440 km2
