Antigua and Barbuda, a thriving Caribbean nation known for its tourism industry and offshore financial services, has become a beacon of opportunity for global investors through its Citizenship by Investment program (CBI). Surrounded by stunning coral reefs, sandy beaches, national parks, and other natural wonders, the program has attracted individuals seeking enhanced opportunities, greater freedom, and unwavering stability.
Launched in 2013, the Antigua and Barbuda CBI program have put this Caribbean nation in the spotlight as a desirable destination. Passport holders not only gain access to visa-free travel to numerous countries but also enjoy political and economic stability, along with an attractive tax regime.
Saint John’s
97,945
440 km²
East Caribbean Dollar
Antigua and Barbuda are home to some of the Caribbean’s most captivating beaches, such as Half Moon Bay, Turner’s Beach, and Darkwood Beach. These pristine shores are complemented by stunning coral reefs, lush rainforests, and a wealth of activities like sailing, diving, and snorkeling. The culture of Antigua and Barbuda is a vibrant blend of influences from West Africa, India, and Europe, evident in its art, religions, music, and cuisine, making it an enticing destination for travelers.
In recent years, the nation’s popularity has surged thanks to its Citizenship by Investment Program (CIP), which invites affluent individuals to obtain citizenship by making direct investments in the economy or through approved real estate projects on these picturesque islands.
Tourism is the backbone of Antigua and Barbuda’s economy, accounting for nearly 60% of its GDP and 40% of investment. While agriculture still plays a role in the domestic market, manufacturing is primarily focused on exporting products like bedding, handicrafts, and electronic components. In recent years, global economic challenges have made it difficult to return to pre-recession levels of growth and stability.
Because of its heavy reliance on tourism, fluctuations in visitor arrivals from the US, Canada, and Europe can significantly impact the country’s economic well-being. The government is banking on the Citizenship by Investment Program to help reduce public debt and stimulate productivity in the nation.
Antigua and Barbuda are a picturesque island nation located in the Caribbean. They are situated in the Leeward Islands and are bordered by neighboring islands such as St. Martin, St. Barts, St. Kitts, Nevis, Montserrat, and Guadaloupe. This nation is made up of three main islands: Antigua, Barbuda, and Redonda, each with its distinct landscape.
Antigua is the largest and most developed of the three, covering an area of 108 square miles. Barbuda, known for its unique wildlife, is flatter and spans 68 square miles. Redonda, although uninhabited, serves as a natural sanctuary. The nation’s capital and largest city, St. John’s, is located on the island of Antigua.
English serves as the official language in Antigua and Barbuda, but local dialects like Antiguan Creole also add flavor to daily conversations. The islands have a population of approximately 97,945 people, representing a delightful mix of ethnicities.
The culture of Antigua and Barbuda is a rich blend of African, European, and indigenous influences, creating a unique fusion of traditional and modern elements. The islands resonate with the rhythms of popular music genres like calypso, steel drum, zouk, reggae, and soca. Folklore is passed down through generations as shared oral histories. The nation’s diverse cuisine delights taste buds by blending local produce with international influences.
Antigua and Barbuda, a Caribbean nation celebrated for its flourishing tourism and financial sectors, beckons investors worldwide with its Citizenship by Investment program. This picturesque paradise, surrounded by coral reefs, pristine beaches, and national parks, offers a compelling opportunity for those seeking a better future.
Established in 2013, the Antigua and Barbuda Citizenship by Investment program has elevated this Caribbean nation to prominence, attracting individuals in pursuit of enhanced opportunities, greater freedom, and unwavering stability.
Holders of Antigua and Barbuda passports enjoy not only extensive global travel options with visa-free access to numerous countries but also benefit from the country’s political and economic stability, enriched by an attractive tax system. It’s a destination where natural beauty meets financial potential.
The Antigua and Barbuda Citizenship by Investment program offers a streamlined application process. Once approved, you can expect to become a full citizen in about 6 weeks, though individual circumstances may vary. Remarkably, you can obtain your Antiguan and Barbudan passport within just 4-6 months, all without the need to visit or reside on the islands. Additionally, Antigua and Barbuda allow dual citizenship, so you can retain your original nationality. It’s a convenient and flexible pathway to citizenship.
As a citizen of Antigua and Barbuda, you’ll have the privilege of visa-free access to over 151 countries, including prominent destinations like the UK, Schengen states, major nations in North America, Latin America, and Asia. This extensive visa-free travel opportunity opens up a world of exploration and business possibilities for you.
The benefits of Antiguan and Barbudan citizenship extend to your entire family, including your spouse, dependent children, and parents. Antigua and Barbuda provide a secure and stable environment that offers you and your family a high quality of life and numerous opportunities for personal and professional growth.
Antigua and Barbuda passport holders enjoy substantial tax advantages, including exemptions from capital gains, estate, or foreign income taxes. The country uses the stable USD currency, which simplifies financial transactions, and it allows for duty-free trading across the Caribbean, promoting economic opportunities.
Acquiring citizenship in Antigua and Barbuda through investment provides not only a valuable passport with visa-free access to over 140 global destinations but also access to an attractive tax regime. As an Antiguan and Barbudan citizen, you have the opportunity to become a tax resident of the country, which comes with various tax benefits.
One of the highly attractive aspects for expatriates in Antigua and Barbuda is the absence of personal income tax. This tax policy, implemented in 2016, makes Antigua and Barbuda a competitive destination within the Caribbean region, designed to draw in foreign investors and high-net-worth individuals. As a result, individuals, regardless of their income level, do not have to pay personal income tax, allowing them to keep their entire income.
Businesses in Antigua and Barbuda are subject to a corporate tax rate of 25%, which applies to resident companies on their worldwide income. Non-resident companies, on the other hand, are only taxed on income generated within Antigua and Barbuda. However, there is a provision for foreign tax relief under certain conditions. For example, relief may be available if a company has already paid taxes in another British Commonwealth country or in a nation with which Antigua and Barbuda has a tax treaty.
Alternatively, if you prefer not to obtain citizenship but still want to enjoy tax benefits in Antigua and Barbuda, you can establish tax residency in the country. To do this, you’ll need to meet certain requirements, which include:
Once you become a tax resident, you’ll be required to pay an annual flat tax of $20,000. In return, you can enjoy several tax benefits, including exemptions from taxes on worldwide income, capital gains, inheritance, and wealth. This option is suitable for individuals who want to take advantage of Antigua and Barbuda’s favorable tax regime without obtaining citizenship.
axes that still apply, including property taxes, transfer taxes, and stamp duty taxes. However, there are strategies you can employ to minimize your tax liability, such as:
Additionally, be prepared for additional levies on goods and services, including imports. These are typically subject to taxes like the Antigua Sales Tax (ABST), which is administered by the Inland Revenue Department but collected by the Customs and Excise Department. Understanding these tax regulations can help you navigate Antigua and Barbuda’s tax landscape effectively.
Preparation
Application Process
Antigua and Barbuda Citizenship
Absolutely, Antigua and Barbuda passport holders enjoy the privilege of visa-free or visa-on-arrival access to numerous destinations worldwide, making international travel more convenient and accessible. However, it’s important to keep in mind that visa requirements and conditions can vary from country to country, so it’s essential to check the specific entry requirements of your intended destination before traveling. Here are a few key points to consider:
Visa-Free Travel: Antigua and Barbuda passport holders can typically enter 150 countries and territories without the need for a visa. This means you can visit these destinations for tourism, business meetings, or other purposes without undergoing a visa application process in advance.
Visa Duration and Purpose: While many countries allow visa-free entry, the conditions may vary. Some countries may grant a specific duration of stay, such as 30 days or 90 days, for tourist or business purposes. It’s important to be aware of these limitations to avoid overstaying your welcome.
Visa Requirements for Other Purposes: Visa-free travel often applies to tourism and business visits. If you plan to engage in activities like work, study, or long-term residence, you may still need to apply for the appropriate visa or permit in advance.
Entry and Exit Requirements: Even for visa-free travel, countries may have specific entry and exit requirements. This could include having a valid passport with a minimum validity period, proof of sufficient funds for your stay, or a return ticket. Always check these requirements before your trip.
Changes in Visa Policies: Visa policies can change over time due to diplomatic relations, security concerns, or other factors. It’s essential to stay updated on visa policies for your intended destinations, especially if you have travel plans that extend over a more extended period.
Travel Itinerary: When planning international travel, it’s a good practice to have a clear travel itinerary, including your destinations, duration of stay, and any planned activities. This will help you determine whether you need a visa or additional permits for specific parts of your journey.
Consult Official Sources: To get accurate and up-to-date information on visa requirements, consult the official website of the embassy or consulate of the country you plan to visit. They can provide you with the most current visa information and application procedures.
By staying informed about visa requirements and planning your trips accordingly, you can make the most of your Antigua and Barbuda passport’s visa-free travel benefits while ensuring smooth and hassle-free international travel experiences.
Indeed, obtaining a visa on arrival can be a convenient option for Antigua and Barbuda passport holders when traveling to certain countries. Here’s a breakdown of how this process generally works:
Eligibility: Antigua and Barbuda passport holders can typically apply for a visa on arrival at designated entry points in specific countries. However, eligibility may vary depending on the country’s visa policies.
Airport or Border Crossing: Travelers can request a visa on arrival upon arriving at the destination country’s international airport or border crossing point. It’s essential to check in advance whether your destination offers this option.
Application Requirements: Travelers will need to provide the necessary documentation and information at the point of entry. This usually includes a valid passport, a completed visa application form (if required), a recent passport-sized photo, and any fees associated with the visa on arrival.
Visa Fee: There is typically a fee associated with obtaining a visa on arrival. The fee can vary significantly depending on the country and the type of visa (e.g., tourist, business) you are applying for. It’s advisable to carry the fee amount in the local currency or another widely accepted currency, as credit card acceptance may be limited.
Duration of Stay: The duration of stay granted with a visa on arrival also varies from country to country. It’s essential to be aware of the allowed stay duration, as overstaying your visa can lead to fines or other penalties.
Purpose of Travel: Visa on arrival options are often available for tourism and business purposes. If you plan to engage in other activities, such as work or study, it’s essential to check whether additional visas or permits are required.
Entry and Exit Requirements: Be prepared to show proof of your return or onward travel, as well as sufficient funds to cover your stay. Some countries may also require proof of accommodation during your visit.
Updates and Changes: Visa policies can change over time, so it’s crucial to verify the current requirements and conditions for visa on arrival before your trip. You can typically find this information on the official website of the destination country’s embassy or consulate.
Always ensure that you have the necessary documentation and fees ready before arriving at your destination, as visa on arrival processing times can vary. By understanding the visa policies and requirements of the specific country you plan to visit, you can have a smooth and trouble-free entry into that country.
Absolutely, Electronic Travel Authorizations (eTAs) have become a convenient way for visa-exempt travelers to gain entry into certain countries. Here’s a simplified explanation of the process:
Eligibility: Some countries require travelers from visa-exempt countries to obtain an eTA before their trip. Eligibility criteria, such as nationality and travel purpose, may apply. Always check the destination country’s official website for eTA requirements.
Online Application: To obtain an eTA, travelers need to complete an online application form provided by the destination country’s immigration authorities. This form typically requests personal information, passport details, and travel plans.
Passport Photo: Travelers are usually required to upload a recent passport-sized photo as part of the application. Ensure that the photo meets the specific requirements outlined in the application guidelines.
Visa Fee: There is usually a fee associated with applying for an eTA. Travelers will need to make a payment online as part of the application process. Accepted payment methods may include credit cards.
Processing Time: After submitting the eTA application and fee, the processing time varies. It can take several days or, in some cases, just minutes to receive a response. It’s advisable to apply well in advance of your travel date to avoid any last-minute issues.
Approval and Linking to Passport: If the eTA is approved, it will be electronically linked to the traveler’s passport. This means that immigration officials can verify the eTA’s status by scanning the passport upon arrival.
Multiple Entries: Depending on the destination country’s policy, an approved eTA often allows multiple entries within a specified period. Be sure to check the eTA’s validity and the allowed duration of stay in the destination country.
Travel Requirements: Always confirm the specific visa requirements and conditions for your destination. While eTAs simplify entry for visa-exempt travelers, they do not guarantee entry if other requirements (e.g., funds, return tickets, accommodation) are not met.
Documentation: Carry a copy of the approved eTA and any supporting documentation (e.g., travel itinerary, proof of funds) with you when traveling. Immigration officials may ask for these documents at the border.
Stay Informed: Keep yourself informed about any changes to eTA requirements and visa policies for your intended destination. Visa rules and regulations can evolve over time.
By following these steps and staying informed, travelers can make the most of eTAs, which streamline entry procedures and enhance the overall travel experience for visa-exempt visitors.
Indeed, staying informed about visa-free travel destinations is essential for passport holders of any country. Here’s a simplified version:
Stay Informed for Hassle-Free Travel
As an Antigua and Barbuda passport holder, it’s important to know that visa-free travel destinations can change. Several factors, like updated visa agreements and travel restrictions, can affect where you can travel without a visa. Here’s how to stay prepared:
Check Visa-Free Destinations: Before traveling, look up which countries you can visit without a visa using your Antigua and Barbuda passport. Remember that this list can change.
Updated Agreements: Keep an eye on news and official government websites for updates on visa agreements. New agreements might grant you visa-free access to more countries.
Temporary Restrictions: Sometimes, countries impose temporary travel restrictions due to various reasons, like public health concerns or political situations. These restrictions can affect your travel plans.
Entry Requirements: Each country has its own entry requirements, even for visa-free travelers. These requirements can include proof of funds, return tickets, or travel insurance. Make sure you meet these requirements to avoid any issues.
Travel Advisories: Check travel advisories issued by your government for your destination. They provide important information about safety, health, and entry requirements.
Travel Documentation: Always carry essential travel documents, including your Antigua and Barbuda passport, proof of funds, return tickets, and any required visas for specific destinations.
Visa Waiver Policies: Understand that visa-free travel often comes with limitations on the duration of your stay or the purpose of your visit. Make sure you comply with these policies.
Consult Authorities: When in doubt, contact the embassy or consulate of your destination country for the most up-to-date information and clarification on entry requirements.
Plan Ahead: It’s wise to plan your trips well in advance to allow time for obtaining any necessary visas or complying with entry requirements.
By staying informed and being proactive about understanding entry requirements and travel policies, you can enjoy hassle-free and smooth travels with your Antigua and Barbuda passport.
The main investment options offered under Antigua & Barbuda’s CIP are investments made to one of several government-approved areas:
National Development Fund (NDF) Contribution
University of the West Indies (UWI) Fund Contribution
Real Estate
Investment
Age Requirement: Applicants must be at least 18 years old.
Clean Criminal Record: They should have no criminal record.
Valid Passport: Possess a valid passport from their country of residence, which should also allow entry into Antigua.
Proof of Investment Funds: Provide evidence of the funds available for investment.
Legitimate Source of Wealth: Demonstrate that their source of wealth is legitimate.
Medical Clearance: Obtain medical clearance certificates if required.
Security Clearance: Prove that they do not pose any risk or threat to national security or public order within the twin-island nation.
Reference Letters: Provide two reference letters from reputable sources who can vouch for their good character.
Fees: Pay all applicable fees associated with the application.
Antigua and Barbuda’s Citizenship by Investment (CBI) program offers an enticing array of benefits for investors, including a prized passport, visa-free access to over 140 countries, and favorable tax advantages. Here’s a more detailed breakdown:
Antiguan and Barbudan Citizenship: By participating in the CBI program, investors and their families can obtain citizenship in Antigua and Barbuda. This citizenship grants them the same rights and privileges as native-born citizens.
Visa-Free Travel: Antigua and Barbuda passport holders can enjoy visa-free or visa-on-arrival access to over 140 countries and territories worldwide. This includes key destinations in Europe, the United Kingdom, and many other regions, making it easier to travel internationally for business or leisure.
Tax Benefits: One of the significant advantages of becoming an Antiguan and Barbudan citizen through investment is the favorable tax regime. Antigua and Barbuda offers various tax incentives and benefits, including:
Tax Residency: Citizenship in Antigua and Barbuda allows individuals to become tax residents of the country. As a tax resident, you may be eligible for tax benefits, such as reduced or exempted income tax on worldwide income, capital gains, and inheritance tax.
No Wealth or Income Tax: Antigua and Barbuda do not levy wealth taxes or income taxes on worldwide income, which can be especially appealing for high-net-worth individuals seeking tax-efficient financial planning.
Double Taxation Treaties: While Antigua and Barbuda do not have an extensive network of double taxation treaties, it is essential to explore the existing agreements and their implications for your specific financial situation.
Investment Opportunities: Antigua and Barbuda offer investment opportunities in various sectors, including real estate, tourism, and renewable energy. These investments can provide additional financial benefits.
Estate Planning: The absence of inheritance tax can be advantageous for estate planning, allowing you to pass on your wealth to the next generation with fewer tax burdens.
It’s important to consult with financial and legal advisors to understand how Antigua and Barbuda’s tax regime aligns with your specific financial goals and circumstances. While the country offers attractive tax benefits, individual situations may vary, and professional guidance can help you make informed decisions.
Spouse: The spouse of the main applicant.
Children: Children under 26 years of age.
Parents: Parents of the main applicant.
Grandparents: Grandparents aged 55 and over.
Siblings: Unmarried dependent siblings under 26 years of age with no children, allowing for multiple generations to benefit from the investment.
Citizenship by Descent: Future generations can also obtain citizenship by descent.
You can become a citizen of Antigua and Barbuda through the CIP, which requires an approved economic contribution to be made either by investing in pre-approved real estate options, the University of West Indies Fund, Business Investments or contributing towards the National Development Fund (NDF).
After this contribution has been made, applicants must go through rigorous due diligence checks before being granted Approval in Principle from Government authorities. Following approval from all relevant stakeholders, including background checks, passports will be issued within six months of payment of your investment amount to the Government fund.
It usually takes 3-6 months for payment to be received by the Government’s fund, although this may vary depending on individual circumstances such as nationality, age or if additional documents are required during due diligence. The processing time could be extended if there are any discrepancies found during background checks or other unforeseen issues with the documentation submitted.
Therefore, it is advisable that investors apply early before their planned travel dates in order to allow sufficient time for these processes. This will enable them to travel abroad again with an updated passport/citizenship status.
Obtaining an Antigua & Barbuda passport is one of the most cost-effective options when considering second residency across Caribbean nations through its Citizenship By Investment Program (CIP). Through this program, an economic contribution must be made either via investing in pre-approved real estate projects or donating to the National Development Fund (NDF).
This initial entry requirement begins at only USD 100,000 for a single applicant and USD 150k plus fees for a family of up to four people. In contrast, other islands such as St Kitts & Nevis require minimum investments starting from USD 200k+.
A 2nd citizenship offers a wide range of benefits, including tax and travel advantages, enhanced access to business prospects and top-tier education, and an elevated quality of life. At Rozière, we stand ready to lead you through the journey of choosing and attaining the perfect second citizenship, ensuring a smooth and expertly-managed process. Connect with us now to arrange a consultation with our specialists and commence your path towards a secure future.
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