In this globalised era, citizenship planning and acquisition of dual & multiple citizenship is becoming more important than ever. We, with our global team of specialists, ensure that you & your family are presented with the citizenship programs that best suit your individual, business & family circumstances.
We advise investors on acquisition of luxury & investment real-estate in different Caribbean, Mediterranean & European countries. This also includes advise on tax-related aspects of the property. We also advise developers on the acquisition of land and subsequent development of luxury resorts in countries with a citizenship or residence by investment program.
Our group comprises of citizenship specialists, international lawyers, property advisers, developers, and we work in close co-ordination to advise our clients on the right citizenship or residence program and the real-estate investment that best suits their needs.
Antigua & Barbuda
St. Kitts & Nevis
United States of America
Antigua & Barbuda
Overview: Antigua and Barbuda is an independent Commonwealth twin-island state in the Eastern Caribbean, 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.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.
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.
The currency is Eastern Caribbean Dollar which is pegged to the US Dollar at the rate of EC$2.70 to US$1.
It is a constitutional monarchy with a British-style parliamentary system. English is the official language.
Tourism dominates the national economy and is the most important source of foreign exchange and foreign direct investment in Antigua & Barbuda.
Investment banking and financial services also make up an important part of the economy.
The literacy rate is over 95% reflecting a consistent focus on investment in education.
Residents of Antigua and Barbuda benefit from no capital gains tax or estate taxes. Antigua & Barbuda has a Common Law system based on the UK model.
Holders of the Antigua and Barbuda passport enjoy visa free travel to approximately 130 countries, including Singapore, Hong Kong, the U.K. and the countries of the Schengen area.
Citizenship by Investment Program:
The Citizenship by Investment Program (CIP) was established in April 2013.
The Citizenship by Investment Unit (CIU) is the government agency responsible for handling all applications related to the citizenship by investment program.
These provisions allow the government to operate a program under which citizenship is granted to persons who qualify under criteria set by parliamentary decision.
The Citizenship by Investment Program (CIP) requires a person to make a significant economic contribution to the Country. In exchange, and subject to stringent application procedures, including thorough background checks, the applicants and their families are granted citizenship. To qualify for citizenship, the primary applicant must be over 18 years of age, meet the application requirements and select one of the following three investment options;
All the three investment options are subject to government processing and due diligence fees.
The program allows for a dependent child between the ages of 18 to 25 years to be included in the same application if the dependent is a full time student at a recognised higher learning institution and is financially dependent on the main applicant.
The program also allows for parents and grandparents over the age of 65 of the main applicant or his or her spouse to be included in the same application, if the parent/s and grandparent/s are living with and are fully supported by the main applicant.
Under each of these options, there are government processing fees of USD 50,000 for the main applicant plus additional government processing fees of USD 50,000 for the spouse, any dependent child of 18 to 25 years of age and any dependant parent over the age of 65 years, as well as USD 25,000 for each dependent child under 18 years of age.
Due Diligence Fees: All applications are subject to rigorous due diligence to ensure that only meritorious applicants are granted citizenship of Antigua and Barbuda.
The due diligence fee is charged for each family member above the age of 11 years.
Due diligence fees for the principal applicant and spouse is USD 7,500. For dependent children aged 12-17, the fees is USD 2,000 per child and for dependent children aged 18-25, the fees is USD 4,000. Due Diligence fees for the dependent parent, above the age of 65, is USD 4,000.
Passport Fee: Each applicant is required to pay a passport fee of USD 300.
All the approved applicants are required to spend a minimum of 5 days during the first five calendar years after having obtained citizenship.
For complete details about the citizenship by investment program of Antigua & Barbuda, the official website of the CIU may be accessed via this link http://cip.gov.ag/