Tag: tourism

The 19th Issue published on May 2024 of Antigua & Barbuda The Citizen covers a broad range of topics including Antigua investment opportunities showcasing the twin-island nation’s continued progress, innovation, and global leadership. The issue highlights the Citizenship by Investment Programme (CIP), which plays a pivotal role in the country’s economic growth by attracting high-net-worth investors. Barbuda & Antigua Overview Diminutive but dynamic certainly describes the twin-island nation of Antigua & Barbuda. Forever surprising and consistently innovating, this tiny nation of just under 100,000 has always dared to dream big. And with a slew of projects on the horizon, Antigua & Barbuda continues to defy expectations and shake things up. Whether it’s projects like developing the cargo and cruise ports to upgrade the maritime offer in the twin islands, or whether it’s on land, establishing a world-class center of cricket and sport at the Coolidge Cricket Ground, the projects are varied and well and truly game-changing. The expansion of the University of the West Indies’ Five Islands Campus clearly demonstrates the country’s ongoing commitment to improving its educational offer – the cornerstone of any developing nation and the foundation of sustained economic growth. And the new state-of-the-art conference center at the American University of Antigua (AUA) will not only be one of the largest in the region but will also transform Antigua & Barbuda into a key player in the global meetings and conferences circuit. This is undoubtedly another game-changing project in the islands. The first event to be held in the new conference center is, in turn, a game-changing one. The upcoming 4th International Conference on Small Island Developing States is expected to host several thousand delegates from across the globe and will pave the way for other future world-class events. And who would want to turn down the opportunity to come to Antigua & Barbuda for a conference, holiday, business trip, or even visit as a new citizen of the twin-island nation? Its perfect climate, incredible beaches with iridescent turquoise waters and historical marvels such as the UNESCO Heritage Site of Nelson’s Dockyard make Antigua & Barbuda one of the most beautiful places on the planet. With daily flights to major business centers in North America and London, reliable communications and infrastructure, a wide range of accommodations to suit all holidaymakers and conference goers, and fabulous restaurants to boot, the islands have it all. With so much going on in Antigua & Barbuda, it is no wonder that many would like to make it their permanent home. And for those choosing to become citizens in paradise, the island offers excellent education, good healthcare, a stable political situation, and fantastic real estate developments across both islands. Antigua & Barbuda Citizenship by Investment Programme is ranked amongst the top three in the 2024 Henley Passport Index. Citizenship to the islands grants individuals a myriad of benefits, offering freedom, mobility and security against all of life’s uncertainties. Citizenship by Investment Programme Information What happens once my application has been accepted? A certificate of registration of citizenship will be issued and submitted to the passport office. Your authorized agent/representative will forward your passports and Citizenship Certificate to you. Do I need to travel to Antigua & Barbuda to complete the process? The application process can be made from your country of residence. Once your application is successful and you have received your passport, you must take your oath or affirmation of allegiance. You are entitled to take up full-time residence in Antigua & Barbuda at any time you wish. Does Antigua & Barbuda recognise dual citizenship? There are no restrictions on dual citizenship in Antigua & Barbuda. For how many years will my passport be valid? The passport will be valid for a period of 5 years and is renewable for a period of 10 years thereafter, provided that the requirements are met, which includes spending a minimum of five days in the country during this period after becoming a citizen. Can I invest with my Bitcoins or other cryptocurrencies? This is in the pipeline but has not yet been established. In addition to the citizenship by investment programme does Antigua & Barbuda have a tax residency programme? Antigua & Barbuda does not currently offer a tax residency programme. Why does Antigua & Barbuda have a citizenship by investment programme? The programme was introduced to promote economic growth, attract real estate development, increase foreign direct investment to the country, support the development of infrastructure and provide for a sustainable future. What is the processing time? Processing your application should take from 3 to 6 months. Who can apply for citizenship? To apply for the citizenship programme in Antigua & Barbuda, you must be at least 18 years of age, be of a good character with no criminal record, and have good health. Do I need to speak English to apply for citizenship? You don’t need to speak English to be an applicant. Who can be included on the application? Your dependent children under 30 and dependent parents over 55 can be included within the application. How do you conduct the due diligence and vetting of applicants? All applicants have to undergo an interview and rigorous screening prior to consideration by the Citizenship by Investment Unit. Complete applications will be forwarded to an international, unbiased third-party due diligence service provider who will conduct detailed background checks on all applicants before the application is approved. INVESTMENT IN REAL ESTATE  You and your family can obtain citizenship by purchasing a property in Antigua & Barbuda. You may also benefit from rental revenue with this investment. To qualify for citizenship under this option, you must invest US$ 400,000 or more in a designated, officially approved real estate development, undertake a joint investment of US$ 200,000 each between two (2) related parties/applications, or US$ 200,000 for a fractional share in an approved property. You must own the property for a minimum of five years before selling it. At this time, owners may resell their units or