The Regulations regarding Citizenship by Investment in Antigua and Barbuda are contained in Section 6 of the Citizenship by Investment Act, 2014. These provisions allow the government to operate a programme under which citizenship is granted to persons who qualify under criteria set by parliamentary decision.
The Citizenship by Investment Programme (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;
- A contribution to the National Development Fund (NDF) of a minimum non-refundable amount of US$230,000.
- An investment of at least US$300,000 into one of the approved real estate projects and to be held for a minimum period of 5 years.
- An investment of a minimum of US$1,500,000 directly into an eligible business as a sole investor or a joint investment involving at least 2 persons in an eligible business totalling at least US$5,000,000 and each of those persons individually invests at least US$400,000.
- An investment of a minimum of US$260,000 for the University of the West Indies Five Islands Campus Fund, inclusive of the processing fees.
- All four investment options are subject to government processing and due diligence fees.
Ineligible applicants are as follows:
- Where an applicant has provided false information on his or her application
- Where a medical practitioner states that any of the family members is suffering from a contagious disease and/or serious health problems
- Not having received a free pardon, has at any time previously been convicted in any country of an offence for which the maximum custodial penalty is in excess of six months imprisonment
- Is the subject of a criminal investigation
- Is a potential national security risk to Antigua and Barbuda or to any other country
- Is involved in any activity likely to cause disrepute to Antigua and Barbuda
- Has been denied a visa to a country with which Antigua and Barbuda has visa-free travel and who has not subsequently obtained a visa to the country that issued the denial
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Paul Monamy
2 years agoSo helpful and professional, amazing service, well done all at CIU.
abisogun nurudeen
4 years ago