Antigua & Barbuda: CBI Guide

Posted by Engr Yaseen January 30, 2025

Antigua and Barbuda, a twin-island nation in the Caribbean, is known for its stunning beaches, vibrant culture, and relaxed island lifestyle. Beyond its appeal as a travel destination, this tropical paradise offers a highly sought-after Citizenship by Investment (CBI) program. Launched in 2013, the program has become one of the most popular routes for high-net-worth individuals seeking a second passport, thanks to its competitive pricing, straightforward process, and numerous benefits.

Why Choose Antigua and Barbuda Citizenship by Investment?

Citizenship by investment programs are increasingly attractive to those looking for enhanced mobility, financial opportunities, or a secure backup plan. Antigua and Barbuda’s CBI program offers a range of advantages that make it stand out:

  1. Visa-Free Travel: With an Antigua and Barbuda passport, you gain visa-free or visa-on-arrival access to over 150 countries, including the United Kingdom, the Schengen Area, Hong Kong, and Singapore. This is particularly beneficial for frequent travelers and global entrepreneurs.
  2. Tax Benefits: Antigua and Barbuda is a tax-friendly jurisdiction with no capital gains tax, inheritance tax, or global income tax. This makes it an appealing choice for those seeking financial privacy and reduced tax obligations.
  3. Dual Citizenship Allowed: The country permits dual citizenship, allowing you to retain your original nationality while enjoying the benefits of an Antiguan passport.
  4. Family Inclusion: The program allows applicants to include their spouse, dependent children, and even dependent parents or grandparents. This makes it a family-friendly option for those looking to secure a better future for their loved ones.
  5. Fast Processing Time: Citizenship can be obtained in as little as three to six months, making it one of the fastest CBI programs available.
  6. Investment Options: Antigua and Barbuda’s CBI program offers flexibility with multiple investment routes, catering to different financial capacities and preferences.

Investment Options

Applicants must make a qualifying investment to obtain citizenship. The Antigua and Barbuda CBI program offers three main options:

  1. National Development Fund (NDF):
    1. This is the most affordable option for single applicants.
    1. Contribution Amount:
      1. $100,000 for a single applicant or a family of up to four.
      1. $125,000 for a family of five or more.
    1. The NDF is a government fund used to finance various national projects, and the contribution is non-refundable.
  2. Real Estate Investment:
    1. Applicants can invest in government-approved real estate projects.
    1. Minimum Investment: $200,000 (joint investment options available for two applicants investing $200,000 each).
    1. The investment must be held for at least five years, after which the property can be sold.
    1. This option is ideal for those looking for a tangible asset and potential returns.
  3. Business Investment:
    1. Investment in an approved business venture is another route to citizenship.
    1. Minimum Investment: $1.5 million for a single investor or $400,000 as part of a joint investment totaling at least $5 million.
    1. This option is suitable for entrepreneurs looking to expand or start a business in the Caribbean.
  4. University of the West Indies (UWI) Fund:
    1. Contribution Amount: $150,000 for a family of six or more.
    1. This option includes a one-year scholarship for one family member to the University of the West Indies.
    1. It’s a unique option for families prioritizing education.

Eligibility Requirements

To qualify for the Antigua and Barbuda CBI program, applicants must meet the following criteria:

  • Be at least 18 years old.
  • Have no criminal record.
  • Pass a thorough background check.
  • Demonstrate the source of investment funds.
  • Fulfill the required investment amount.
  • Spend a minimum of five days in Antigua and Barbuda within the first five years of citizenship.

The physical presence requirement is minimal compared to other programs, making it convenient for busy individuals.

Application Process

The application process for Antigua and Barbuda’s CBI program is straightforward and efficient:

  1. Select an Authorized Agent: Applications must be submitted through a licensed agent authorized by the government. They will guide you through the process and ensure all documentation is complete.
  2. Prepare Documentation: Gather required documents, including a valid passport, birth certificate, police clearance, medical certificate, and proof of funds. Your agent will provide a comprehensive checklist.
  3. Submit Application: Your agent will submit the completed application to the Citizenship by Investment Unit (CIU) for review. A non-refundable due diligence fee must be paid at this stage:
    1. $7,500 for the main applicant.
    1. $4,000 for dependents over 18.
    1. $2,000 for dependents aged 12-17.
  4. Approval in Principle: Once the CIU reviews your application and performs background checks, you’ll receive approval in principle.
  5. Make the Investment: After receiving approval, you must complete your chosen investment within the specified timeframe.
  6. Receive Citizenship: Upon verification of your investment, you will receive a Certificate of Registration. This is followed by the issuance of your Antiguan passport.

Advantages of Antigua and Barbuda Citizenship

Antigua and Barbuda’s CBI program provides numerous advantages beyond the obvious benefits of visa-free travel and tax efficiency:

  • Strategic Location: The islands are well-connected to major cities in North America and Europe, making it a convenient hub for global business and leisure travel.
  • Stable Political Environment: Antigua and Barbuda is a member of the Commonwealth, offering political stability and strong international relations.
  • Quality of Life: With its pristine beaches, pleasant climate, and laid-back lifestyle, the islands are an excellent place for relaxation or retirement.
  • Global Business Opportunities: The country’s offshore banking sector and business-friendly environment attract investors worldwide.

Considerations Before Applying

While the Antigua and Barbuda CBI program offers numerous benefits, there are some factors to keep in mind:

  • Non-Refundable Contributions: Contributions to the NDF and UWI Fund are non-refundable, so applicants should evaluate their financial situation carefully.
  • Ongoing Fees: There are additional costs, including processing fees, due diligence fees, and passport renewal fees.
  • Travel Requirement: Although minimal, the five-day stay requirement within the first five years must be fulfilled to maintain citizenship.

Conclusion

Antigua and Barbuda’s Citizenship by Investment program is a gateway to global mobility, financial freedom, and a luxurious Caribbean lifestyle. Its affordability, fast processing, and family-friendly options make it a top choice among CBI programs worldwide.

Whether you’re seeking a second passport to enhance your travel freedom, diversify your investments, or secure a future in a tropical paradise, Antigua and Barbuda’s program offers unparalleled value. By partnering with a trusted agent and carefully evaluating the investment options, you can embark on a seamless journey to obtaining citizenship in this Caribbean gem.