Antigua and Barbuda – Citizenship by Investment Program (AB-CIP)
With the recently introduced 2013 Citizenship by Investment Act, Antigua and Barbuda Citizenship by Investment program is the fourth legal citizenship program in its category after St Kitts and Nevis, the Commonwealth of Dominica and Austria.
Applicants to the AB-CIP can choose from any of the following investment offers:
Benefits of Antigua & Barbuda Citizenship
Investment Requirements for Antigua Citizenship by Investment Program
Antigua & Barbuda Citizenship by Investment under the NDF contribution option requires the applicant to make a one-time minimum donation of US$200,000 per application to the National Development Fund.
NDF is a not-for-profit fund established by the Government of Antigua in order to provide funding for public projects, public-private business initiatives as well as approved charitable investments. The NDF operations are monitored regularly by the Parliament and audited by internationally recognized accounting firms.
Another investment option for acquiring an Antigua Citizenship under AB-CIP is to buy a government approved real estate with a minimum purchase price of U$400,000.
The Government of Antigua approves certain areas on the Island for developments as well as projects that would be eligible for Citizenship investments. Currently there are eight areas on Antigua and two areas on Barbuda that are approved for real estate development projects by Citizenship Investors. Nine real estate projects in these designated areas have obtained approval from the Government as eligible real estate projects for Citizenship by Investment program. (This information is slightly confusing, especially the numbers in the last two sentences).
There are two business investment options:
1) Individual investment in an approved business of at least US$1,500,000
2) Joint investment by at least two persons in an approved business totaling at least US$5,000,000, and in which each applicant makes at least US$400,000 investment contribution to the joint business
Applicants wishing to obtain Antigua Citizenship under Business Investment category must first seek the approval of Antigua & Barbuda Investment Authority for their proposed business investment in an existing business or a planned business project.
In all these three investment options, the primary applicant may include spouse, dependent children (children under 18 or children between 18 and 26 who are full time students and depends on their parents) and dependent parents over 65 years in their application.
Applicable Fees for the Antigua Citizenship by Investment Program Applications
In addition to the Investment amounts; applicants will have to pay three types of other fees under the program:
List of Applicable Fees:
Government processing fees
NOTE: 2 dependent children in a family application is free
Government due diligence fees
Other information on the Antigua Citizenship by Investment Program