ANTIGUA and BARBUDA
ANTIGUA and BARBUDA
To qualify for citizenship, the person must be over 18 years of age, meet the application requirements and select one of the following options available:
• an investment of at least USD 200,000 into one of the approved projects; such investments cannot be disposed of within a five year period or before the proposed development in which the investment has been made has been substantially completed
• a contribution to the National Development Fund (NDF) of a minimum non-refundable amount of USD 100,000 for a family of up to four people
Under each of these options, there are government processing fees of USD 50,000 for the main applicant plus additional government processing fees of USD 50,000 for the spouse, any dependent child of 18 to 25 years of age and any dependant parent over the age of 65 years, as well as USD 25,000 for each dependent child under 18 years of age. However, the Government has announced a “Limited Time Offer” under the NDF option only, whereby for a family of four, the government processing fees will be USD 50,000 for the main applicant, USD 50,000 for the spouse, and the remaining two family members will not need to pay any government processing fees.
There are also due diligence fees of USD 7,500 for the main applicant and USD 7,500 for the spouse, USD 2,000 for any dependent child of 12 to 17 years and USD 4,000 for any dependent child of 18 to 25 years of age as well as any dependent parent over the age of 65 years.
Government processing fees and due diligence fees apply to both options.
The program allows for a dependant between the ages of 18 to 25 years to be included in the application of the main applicant if the dependant is a full time student at a recognized higher learning institution and is financially dependent on the main applicant. The program also allows for parents and grandparents over the age of 65 of the main applicant or his or her spouse to be included in the application as dependants, if the parent/s and grandparent/s are living with and are fully supported by the main applicant.
With an Antigua and Barbuda passport, a citizen can travel visa free to approximately 140 countries in the world, including Hong Kong, Singapore, the UK and Europe.
For detailed information on the advantages and disadvantages of the citizenship schemes available in Antigua & Barbuda and the application process and requirements, please contact us.