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Antigua and Barbuda Citizenship by Investment Program options

Antigua and Barbuda Citizenship by Investment Program options

antigua-and-barbuda-citizenship-by-investment-program-options

The government of Antigua and Barbuda is committed to enhance the investment environment in the country to attract foreign investors and enhance the amounts of foreign capital in the country.

Since the introduction of this program, the government of Antigua and Barbuda has introduced three investment options to attract investors to make a significant contribution to the country’s economy.

The average processing time to apply under any of these options is from 3-5 months.

Investment options for obtaining the citizenship by investment in Antigua and Barbuda

  1. The National Development fund

This non-profit fund was established under section 42(2) of the Finance Administration Act of the year 2006, to assist in funding the government sponsored projects, this fund is subject to periodic parliamentary review (every 6 months) to ensure the transparency and efficiency of the fund, this investment option requires applicants to contribute a minimum of $100,000 USD in addition to a government processing fee of $25,000 USD. 

The fees of the program are as follows:

Single applicant or a Family of Four or less 

Contribution amount: $100,000 USD

Processing fees: $25,000 USD

For a family of more than 4 persons

Contribution amount: $125,000 USD

Processing fees: $25,000 USD for the first 4 family members, and an incremental payment of $15,000 USD for each additional applicant.

There are additional fees associated with the application including:

Due diligence fees for the main applicant: $7,500 USD

Due diligence fees for the spouse: $7,500 USD

Due diligence fees for dependents, age 18 years old and over: $4,000 USD

Due diligence fees for dependents, age between 12-17 years old: $2,000 USD

  1. Real Estate investment option, where the government requires applicants to invest in a designated approved real estate project with a minimum amount of $400,000, in addition to the government processing fees as well as the due diligence fees. 

Single applicant or a Family of Four or less 

Real estate investment amount: $400,000 USD

Processing fees: $50,000 USD

Family of more than 4 persons

Real estate investment amount: $400,000 USD

Processing fees: $50,000 USD for the first 4 family members and an incremental payment of $15,000 USD for each additional applicant.

 

There are additional fees associated with the application including:

Due diligence fees for the main applicant: $7,500 USD

Due diligence fees for the spouse: $7,500 USD

Due diligence fees for dependents, age 18 years old and over: $4,000 USD

Due diligence fees for dependents, age between 12-17 years old: $2,000 USD

In the real estate investment option, as of October 2018, two applications can make a joint investment with the amount of $200,000 USD each in order to qualify, in addition to the aforementioned processing and due diligence fees (unchanged).

  1. Business Investment option, where applicants can either : 
  • Invest in an approved business of at least $1,500,000 USD.
  • At least two persons propose to make a joint investment by contributing $400,000 USD each, and the total business amount must be totaling at least $5,000,000 USD.

If applicants want to apply for the Business Investment option, they must contact Antigua and Barbuda Investment Authority (ABIA).

There are additional fees as follows:

Processing fees for a family of 4 and less: $50,000 USD

Processing fees for a family of 5 and more: $15,000 USD per additional applicant after the 4th family member.

 

Also the due diligence fees mentioned earlier will apply in this option.

Sources: 

Citizenship by Investment Unit in Antigua and Barbuda