Antigua and Barbuda is a member of the British Commonwealth and is located in the Caribbean. Its tropical islands and a whopping 365 majestic beaches make it look like a paradise where vacation never ends.
Antigua is offering this paradise to smart investors through their citizen-by-investment program established in 2013. It is one of the newest citizens by investment program in the world and offers exciting benefits to investors.
If you’re looking for a second passport from a new program with very little saturation, Antigua’s passport may just be it.
There’s a reason it is called an inviting paradise and you’ll see why in this article and what this means for you as an investor.
Benefits of Antigua Passport
Here are some of the benefits you’ll enjoy by obtaining Antigua’s passport.
Visa-Free Entry to Over 160 Countries
Antigua’s passport is one of the strongest in the Caribbean as it gives you visa-free entry into over 160 different countries including the UK, Europe’s Schengen, Singapore, and important North American countries.
This allows investors to go about their businesses in different countries without wasting time waiting for visas.
One of the Cheapest
Now, cheap is relative. The $100,000 minimum investment is cheaper when compared to many other countries in the same region offering citizenship by investment.
You do not need to spend a fortune to obtain this passport.
One very attractive addition to the Antigua citizen by investment program that makes it enticing is how you can get passports for a family of up to 4 members on the same $100,000 investment.
Flexible Investment Option
You do not need to own a piece of real estate to get Antigua citizenship. Antigua understands that not every investor would want to own real estate. They have flexible investment options that’ll still get you your Antigua passport.
You can choose to donate a specific amount to the country as directed by the CBI program legislation.
You can choose to buy a company or invest in a company in Antigua and get your second passport.
No Need to Visit the Country during Application Process
Time is of utmost importance to everybody and the Antigua’s citizenship program understands this that is why you do not need to be physically present in the country to complete your application.
Busy people wouldn’t need to disrupt their plans by visiting Antigua for their application.
Beautiful Lifestyle and Save Environment
Home to 365 beaches and pleasant weather, you get to enjoy this serene environment where summer vacation seems never-ending. It is also a safe place to be as the region invests a lot in security since tourism is their major source of income.
If you’re looking for a second home where you can come unwind and live life at a slower pace, Antigua is the place for you.
Loyal Taxation System
Antigua’s favorable tax laws make it a dream for most people as there is no tax for foreign income. This means you get to keep a huge chunk of your wealth unlike in many of the western countries where taxation is high.
Short Residence Requirement
Antigua only requires you to stay in Antigua for 5 days during your passports 5-year validity to be able to renew. This is one of the most attractive conditions to the Antigua passport alongside its luxurious region of course.
What are the Requirements to Enjoy this Paradise?
You may be wondering what makes you eligible to get Antigua citizenship and start living a luxurious life.
Well, here you go:
- Applicants must be 18 years old and meet the application conditions.
- Applicants must choose any of the following four available investment options.
- A non-refundable donation to the University of West Indies of a minimum of $100,000
- A non-refundable donation to the national development fund of a minimum of $100,000
- The purchase of real estate from approved real estate projects with a minimum value of $200,000 and an obligation to hold that property for at least 5 years
- The purchase of an eligible business for a minimum amount of $1.5 million as an individual
Summary
Antigua is a fast-rising second passport destination for investors and with its juicy perks; it is only a matter of time till the biggest investors take notice. Its luxurious environment and beaches make it even more attractive to investors. Antigua’s privacy for the participants of its citizenship by investment program is an annoying development for big western countries but a joy to its participants.
