US$100,000 contribution
Antigua and Barbuda is a twin-island state located between the Caribbean Sea and the Atlantic Ocean. It consists of two major inhabited islands, Antigua and Barbuda, and a number of smaller islands.
Government: Federal monarchy, Parliamentary system
Capital: St. John’s
Dialing code: 268
Area: 443 km²
Currency: East Caribbean dollar
Official language: English
Antigua and Barbuda is an independent Commonwealth
state in the Eastern Caribbean.
The Antigua and Barbuda citizenship program by investment is one of the newest
in the Caribbean and was launched in 2013. To be able to apply for this program you
should be at least 18 years of age, in good health, and without a criminal record.
Unlike other Caribbean programs, as a future citizen of Antigua and Barbuda, you are
required to reside at least 5 days within the first 5 years to retain your
citizenship. Within this visit, you and any dependents above 18 years are also
required to complete the oath of allegiance ceremony.
Additionally, you are required to make a non-refundable donation to the
National Development Fund or make an investment in government-approved real estate
projects.
The National Development Fund (NDF) is a non-profit fund that was established under section 42(2) of the Finance Administration Act 2006 for the purpose of funding government sponsored projects, including public-private partnerships and approved charitable investments. Acquisition of citizenship under the NDF investment option requires a contribution to the National Development Fund in the minimum sum of US$100,000 per application. The contribution is in the form of a one-time payment.
Contribution to the National Development Fund
A. For a single applicant, or a family of 4 or less:
US$100,000 contribution
Processing fees: US$30,000
B. Family of 5 or more:
US$125,000 Contribution
Processing Fees: US$ 30,000 plus an incremental amount of US$15,000 from the 5th dependent onwards.
Single | Family of 4 person | Family of five or more | |
---|---|---|---|
Processing fees | $100,000 | $30,000 for a family of up to 4 persons | $30,000 for a family of up to 4 persons with incremental payments of $15,000 for each additional dependent. |
Contribution | $30,000 | $100,000 | $125,000 |
Due Diligence | $7,500 | $7,500 + $7,500 for spouse, $2,000 per dependent 12-17, $4,000 per dependent 18 and over |
$7,500 + $7,500 for spouse, $2,000 per dependent 12-17, $4,000 per dependent 18 and over |
There are different approved real estate projects in Antigua and Barbuda. The minimum value of purchase must be $200,000 to qualify for Antigua/Barbuda passport. You must hold the real estate for 5 years after which you can sell it in the market and still keep the citizenship.
Processing fees | $100,000 | $30,000 for a family of up to 4 persons | $30,000 for a family of up to 4 persons with incremental payments of $15,000 for each additional dependent. |
Option 1 | $400,000.00 | $400,000.00 | $400,000.00 |
Option 2 - Single | $200,000.00 | $200,000.00 | $200,000.00 |
Due Diligence | $7,500 | $7,500 + $7,500 for spouse, $2,000 per dependent 12-17, $4,000 per dependent 18 and over |
$7,500 + $7,500 for spouse, $2,000 per dependent 12-17, $4,000 per dependent 18 and over |
Other fees payable include passport fees. These fees are subject to change.
All fees quoted are in US dollars
Two or more applicants who have executed a binding sale and purchase agreement may apply jointly for citizenship by investment provided that each applicant contributes the minimum investment of US$ 400,000
USD | |
---|---|
Principal applicant | $7,500 |
Spouse | $7,500 |
Dependent child aged 0-11 | $0 |
Dependent child aged 12-17 | $2,000 |
Dependent aged 18-25 | $4,000 |
Dependent parent aged 58 and over | $4,000 |
Passport fee – each person | $300 |
USD | |
---|---|
Spouse | $50,000 |
Dependent child aged 0-5 | $10,000 |
Dependent child aged 6-17 | $20,000 |
Dependent Parent aged 18 and over | $50,000 |
The new CIP legislation expands scope of dependants, makes it possible for investors to add more family members
A current spouse of the principal applicant;
A child of the principal applicant, or of his or her spouse, who is 0 – 30 years of age and is financially dependent on the principal applicant;
A child of the principal applicant, or of his or her spouse, who is 18 years or older but who is physically or mentally handicapped and who is living with and is fully supported by the principal applicant;
A parent or grandparent of the principal applicant, or of his or her spouse, who is fifty-five years of age or older and who is financially dependent on the principal applicant. (e) A sibling of the principal applicant, or of his or her spouse, if unmarried;
With the different investment options available in helping you acquire citizenship and a second passport, Our team provides free consultation, pre-screening and assessment to allow you to choose the option that best matches your portfolio.
For further information about how we can help you acquire your second citizenship, feel free to give us a call at +2349150846333. You can also contact us through email at info@penvistalimited.com or fill in our online contact form, and we will reply as soon as possible.