Antigua & Barbuda Citizenship by Investment

Antigua & Barbuda Citizenship by Investment

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Antigua and Barbuda is an independent Commonwealth state in the Eastern Caribbean. With some 365 beaches of clean turquoise waters, the lush tropical islands of Antigua and Barbuda are an inviting paradise and considered to be one of the most beautiful places in the world. As a result, tourism is the key driver of Gross Domestic Product (GDP) and generates around 60% of the island’s income, with key target markets being the U.S., the U.K., and Europe.

Antigua and Barbuda is a member of the United Nations, the British Commonwealth, Caricom and the Organisation of American States (OAS) among many other international organisations. Holders of the Antigua and Barbuda passport enjoy visa free travel to approximately 150 countries, including the U.K. and the countries of the Schengen area.

The Citizenship by Investment Unit (CIU) was established by the Honourable Prime Minister of Antigua and Barbuda and is the Government authority responsible for processing all applications for Agent’s Licenses, and all applications for Citizenship by Investment by applicants and their family.

Website: www.cip.gov.ag

1. NFD(National Development Fund):

A. For a single applicant, or a family of 4 or less

  • US$100,000 Contribution and processing fees of:-
  • Main applicant US$50,000
  • Spouse US$50,000
  • Up to two dependents pay no processing fees

B. A family of 5 or more:

  • US$250,000 Contribution and processing fees of
  • Main applicant US$50,000
  • Spouse US$50,000
  • Up to three dependents pay no processing fees

2. Real Estate-Approved Areas:

  1. Regulation 6 of the [Citizenship by Investment Act 2013] sets out the process by which real estate projects are approved for investment by applicants to the CIP.  The Government will from time to time identify approved development areas. (R6.1) It will then approve specific projects within these areas. Approved projects are then eligible for investment by applicants to the Citizenship by Investment Program.  (R6.2)

The list is approved areas for investment are:

 

ANTIGUA

 

  • 1. Fort James to Blue Waters
  • 2. Pillar Rock to Five Islands
  • 3. Pearn’s Point to Johnson’s Point
  • 4. Falmouth Harbour to Galleon Bay
  • 5. Willoughby Bay to Half Moon Bay
  • 6. Nonsuch bay area
  • 7. Guiana Island and its environs to Crabbs Peninsula to Indian Point
  • 8. Blackman’s Estate (Blackman’s Point)
  • 9. Marble Hill

 

BARBUDA

 1. Low Bay to Palmetto Point and Coco Point

  • 2. Coco Point

 

APPROVED AREAS (MAP)

3. Business Investment:

The Citizenship by Investment Unit (CIU) shall after consultation with the Antigua and Barbuda Investment Authority (ABIA) approve businesses, whether existing or proposed, for the purposes of investment in business under the Citizenship by Investment Program.

 

The two business investment options are:

  • Where a person proposes to make an investment in an approved business of at least US$ 1,500,000 on their own behalf.
  • At least two persons propose to make a joint investment in such an approved business totaling at least US$ 5,000,000, and each of those persons individually proposes to contribute at least US$400,000 to the joint investment an application or application for Citizenship by Investment may be submitted on his, her or their behalf through an agent

Any potential applicant(s) under this investment option is/are advised to make contact with the ABIA to discuss their proposal(s).