When it comes to choosing a second home, it takes a lot of consideration. And when you want a home that is located in another country, that needs even closer consideration.

Renowned for its pink beaches, colorful buildings, and bustling markets, the Antigua and Barbuda citizenship program is gaining recognition globally as an attractive destination for global citizens looking to diversify their lifestyles and investments.

It is said that Antigua and Barbuda citizenship offers many privileges to its citizens. Let us delve deeper into what citizenship has to offer and how you can avail those privileges.

Antigua and Barbuda Citizenship Program and The Global Residence Index

Launched in 2013, the Antigua and Barbuda citizenship program aimed to promote growth, attract development, increase foreign direct investment, and support the development of infrastructure.

Anyone who makes a qualifying investment towards the country’s national Development Fund invests in approved real estate projects, establishes a business enterprise, or supports the University of West Indies will be entitled to the one and many benefits offered under the citizenship.

The Global Residence Index is a valuable tool that evaluates countries based on factors to determine their appeal as a place to work, live, and invest. These factors include the ease of obtaining residency or citizenship, political stability, tax benefits, and the overall business environment.

Benefits of Antigua and Barbuda Citizenship

The benefits of Antigua and Barbuda extend beyond the warm climate, friendly people, and beautiful beaches. Access to over 151 countries, attractive tax benefits, quick process, and much more.

Here’s a detailed list of privileges that you’ll be able to enjoy under the Antigua and Barbuda citizenship.

Visa Free Travel

The holders of Antigua and Barbuda passports, which is considered the 28th strongest passport in the world, enjoy visa-free travel to over 151 countries which include the United Kingdom, the European Union, Singapore, Hong Kong, and Russia.

Economic Advantages

The country provides significant tax advantages such as no capital gains tax, no inheritance tax, and no tax on the income earned worldwide. It also does not levy any tax on dividends, interests, or royalties from around the world.

Quality of Life

The islands of Antigua and Barbuda boast a rich cultural heritage with a blend of African, European, and Indigenous influences, thus offering a life that is synonymous with Caribbean living.

The country also has quality education and healthcare facilities, which also makes it a suitable option for parents looking for a bright future for their kids.

A Land of Opportunities

Antigua and Barbuda has a stable and growing economy which makes it an attractive option for business. Also, a relaxed tax regime, free trade zones, and simplified business registration processes give way to business opportunities for entrepreneurs and investors in the country.

Natural Beauty and Climate

Antigau and Barbuda is a picturesque heaven boasting 365 beaches, each for a day. It has a tropical climate, with sun gracing the islands most of the year, complementing the azure waters and pristine sandy beaches.

In addition to the natural beauty and peacefulness, Antigua and Barbuda enjoy a high standard of living. Thus, the citizens can enjoy a relaxed and peaceful life while still having access to modern amenities and healthcare facilities.

Eligibility Criteria for Antigua and Barbuda Citizenship

Listed below are the eligibility criteria for the Antigua and Barbuda citizenship program:

The applicant should be at least 18 years of age
The applicant should be of good character
The applicant shall hold no criminal record
The applicants should be able to make a qualifying investment
The applicant should spend a minimum of five days in Antigua and Barbuda within five calendar years of registering as a citizen.
The applicant must be willing to take the oath of allegiance. This can be done in Antigua and Barbuda itself or any Embassy, High Commission, or consulate of Antigua and Barbuda.

The main applicant can also include other members of the family, such as their spouse and children under 18 years of age.

Investment Options

Open to citizens worldwide, the Antigua and Barbuda citizenship program has four investment options, and here’s a detailed explanation of each.

The National Development Fund

This option requires you to make a non-refundable investment in the county’s development initiatives. The minimum investment under this segment is $100,000, and it increases with the number of applicants.

For a Single Applicant or a family of four, the minimum amount is $100,000, and for a family of 5 or more, it is $125,000.

Real Estate Investment

This investment program is best suited for those seeking an asset as well as global mobility. The applicant is required to make a minimum investment of $200,000 towards approved real estate properties. However, the investor can resell the property after five years.

Contribution to the University

This investment option is best suited for a family of six or more and also comes with a bonus. You will be required to pay $150,000 to the university’s fund and an additional amount of $15,000 per person, starting with the 7th person.

Business Investment

This investment option is for those looking forward to expanding their business in the global markets. The minimum investment in this segment is $1.5 million, or you can opt for a joint investment of at least two people where the investment amount totals up to $5 million.

However, the investment costs mentioned here are exclusive of the Due Diligence fees, processing fees, passport, and interview fees. To see the detailed and final investment cost, visit https://globalresidenceindex.com/antigua-barbuda-citzenship-investment/.

Conclusion

Antigua and Barbuda is a citizenship program that is attracting citizens from all over the world. The tax regime, quality of life, education, and healthcare facilities, along with a serene and peaceful environment and beautiful and friendly people, make it an ideal place to reside in.

However, one must remember that the citizenship laws and the investment costs and fees are subject to changes, and you must refer to the recent changes while making any decision. Also, ensure that you choose a reliable source like the Golden Residence Index to obtain residency in any country.