Antigua and Barbuda Citizenship by Investment Program
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1 Antigua and Barbuda Citizenship by Investment Program About Antigua & Barbuda Area: 172 sq. mi. (445 km2) Population: 92, 295 (as of January 1, 2016) Capital: St. John s Government: Constitutional Monarchy Languages: English (official); Antiguan Creole Time zone: AST (UTC-4) Religion: Protestant Currency: East Caribbean Dollar Exchange Rate: USD 1 : XCD Climate: Tropical Exports: Sugar, cotton, rum, and light industry Antigua and Barbuda is the 9th largest country in the Eastern Caribbean Antigua and Barbuda is a country encompassing its 2 namesake islands and several smaller islands. Positioned where the Atlantic and Caribbean meet, it's known for reef-lined beaches, rainforests and resorts. Former British colonies and as an independent Commonwealth state in the Eastern Caribbean, Antigua and Barbuda boast some of the most ravishing beaches in the world. With a population of over 90,000 people and 365 beaches of white sand and clean turquoise waters, this pair of islands is popular for tranquility and picturesque landscapes. Antigua proudly proclaims it has "a beach for everyday of the year," and Barbuda, Antigua's sleepy sister island, is also blessed with some pristine stretches of pink-tinged sand sprinkled with chic resorts. The islands of Antigua and Barbuda are renowned for their beauty and laid back attitude, friendly people and of course Carnival, Cricket and Rum. The islands had warm, steady winds, a complex coastline of safe harbors, and as an inviting paradise, these islands considered to be one of the most beautiful places in the world.. It would really make a perfect place to hide a fleet.
2 Investors Paradise Enjoy the Benefits of Antigua & Barbuda Passport The passport is internationally recognized With an Antigua and Barbuda passport, a citizen can travel to approximately 131 countries, including the U.K., Hong Kong, Canada, Singapore and the countries of the Schengen area No taxes on worldwide income, capital gains, dividends, gift, wealth and inheritance Permanent lifetime citizenship Dual nationality allowed Outstanding lifestyle with a safe environment Processing time 6-9 months Limited number of documents to be submitted The program is based on the law & is guaranteed by the government since 2013 Why Antigua and Barbuda? Antigua & Barbuda is ranked 1 st in the Caribbean with an active Citizenship by Investment Program and 25 th most powerful passport in the world. Ranks the 5 th most welcoming country in the Caribbean region. A member of the United Nations, the British Commonwealth, Caricom and the Organization of American States (OAS) among many other international organizations. 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., Canada and Europe.
3 The Citizenship-by-Investment program of Antigua and Barbuda, grants immediate passport to investors who make a significant economic contribution to the country under the 3 Investment Options as follows: 1. National Development Fund (NDF) Donation Option Citizenship by means of contribution to the NDF will require applicants to make a minimum and non-refundable amount of US$200,000. The contribution is in the form of a one-time payment. 2. Real Estate Investment This option allows two or more applicants purchasing property in government approved real estate to procure citizenship via the Citizenship by Investment Program. The minimum investment requirement in order to be eligible for the CIP under this option is US$400,000. Property must not be re-sold for a period of 5 years unless an alternate government approved property in Antigua and Barbuda is purchased. The applicant can choose from a list of approved property developers or may elect to choose the property. Best option for those seeking to retain a residence or simply looking to invest into the country. 3. Business Investment Individual to invest in the amount of US$1,500,000 in an approved business. As a group investing a minimum amount of investment of US$5,000,000 for two or more persons where each person were to contribute at least US$400,000 is required.
4 Antigua and Barbuda Passport Valid for an initial period of five years Renewable subject to the recipient having spent a total of 5 days in Antigua and Barbuda, since gaining citizenship, within the 5 year period. Additional Fees payable by each family member in addition to the selected investment option: Government Processing Fee 10% of the government fee is payable (and non-refundable) upon submission of the application with the balance due following receipt of an approval letter sent to Real 21 LLC who submitted the application. A government fee is charged for each family member. Due Diligence Fee All applications for citizenship by investment are subject to due diligence background check. Each family member above 11 years of age is charged for due diligence fee. This fee is payable upon submission of the application by the appointed agent and is non-refundable.
5 Schedule of Fees: Category Government Fee Due Diligence Fee Principal Applicant US$ 50,000 US$ 7,500 Spouse US$ 50,000 US$ 7,500 Dependent child aged 0-11 US$ 25,000 US$ 0 Dependent child aged US$ 25,000 US$ 2,000 Dependent child aged US$ 50,000 US$ 4,000 Dependent parent aged over 65 US$ 50,000 US$ 4,000 Other Fees: Passport fee for each person - US$ 300 Application Fees - minor fees such as Official Government Citizenship Application Form, Citizenship Certificate and expedited passport fees are additional subject to change. **Principal Applicant US$ 50,000, Spouse US$ 50,000 and two (2) dependents free until 1 st May, 2016 (applies to the NDF investment option only). * Processing times may vary depending on each individual case and the Government policy.
6 The grant of citizenship is at the sole discretion of the Government of Antigua and Barbuda. Ineligible applicants are as follows: Provide false statements in the application forms Applicant submitted false documents Applicant is subject to a criminal investigation Where a medical practitioner states that any of the family members is suffering from a contagious disease and/or serious health problems Applicant is involved in any activity likely to cause disrepute to Antigua and Barbuda How to apply for Antigua and Barbuda Citizenship: Step I Submission of Application for Antigua and Barbuda Citizenship Real 21 LLC will determine the Applicant s eligibility to apply for citizenship. Professional service fee, due diligence fees and 10% of the government processing fee are due at this step. For Real Estate Investment: Reservation Agreement will be executed Applicant will pay property of 10% reservation deposit that is secured in escrow account which is refundable based on the outcome of the citizenship application Applicant will sign Agreement of Purchase and Sale with the developer of an approved project * Application procedure under real estate investment option will lengthen the processing time depending on the chosen property.
7 Step II Due Diligence is conducted through Background Check Antigua & Barbuda Citizenship Investment Unit (CIU) shall notify Real 21 LLC in writing on the applications status i.e. approved, denied or delayed for cause or if still being processed. Step III Approval of the Application Applicant will pay the balance of the government processing fee upon receipt of the letter of approval Applicant will make the contribution to the NDF which will be paid separately to the Citizenship by Investment Unit (CIU) escrow account within a 30 day period Passport Fees is payable at this stage Property purchase closes Applicant will pay all sums due to the developer under the sale and purchase agreement to enable title to be registered in his/her name Step IV Passports and Citizenship Certificate Approximately. within 15 working days from receipt of payment of the government fees and investment, the Government will issue a certificate of registration of Citizenship. Applicant s passport will be processed within 5 working days. Real 21 LLC will deliver the passport and citizenship package to the applicants.
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