Antigua & Barbuda Citizenship
by Investment Program
Introduction Antigua & Barbuda is an archipelago country located in the place where the Atlantic Ocean and Caribbean Sea meet. The country has 2 big islands and many smaller islands attached. The country introduced its Antigua and Barbuda Passport by Investment program to provide funding for the internal development projects of the country. This program requires the interested investor to contribute actively to the country to qualify for the citizenship program. It also requires that the investor goes through a secured registered immigration agent to submit application. One such firm is XIPHIAS Immigration.
The investor along with immediate family can obtain the country’s citizenship and the future generations will obtain the same through naturalization unless the individual decides otherwise. It doesn’t require the investor to live in Antigua & Barbuda at any given point of time. The tax regime of the country is very beneficial for the investor. There is limited to no taxes levied on the various incomes. The country has less pollution and has amazing weather all through the year. The country is a breather as it has healthy marine animal life and is place for some amazing rare flora and fauna. The country is healthy to live and provides great facilities for the citizens here. The investor will have to be of 18 years age and above and should be a person of sound character with no criminal background. The investor should provide medical certificate showing that the investor has sound health. time.
The investor to qualify for the program is provided with three paths wherein he/she can choose what best suits their requirement. One of the pathways is investment in purchase of pre-approved real estate of the country. This requires the investor to invest a minimum of USD $200,000 in the property chosen. Now the investor can partner with another investor for the same property. However, each of the investor will be contributing a USD $200,000 and more and each of their application will be processed separately. This property should be held on by the investor for a minimum of 5 years period. An additional fee of USD $30,000 will be charged for processing for a family of 4 and below. For every additional dependent an additional fee of USD $15,000 will be charged.
XIPHIAS Immigration apart from being a registered immigration agent with the country is also a partner with many real estate houses there and thus can provide the right options available for the investor to choose from. The Citizenship by Investment Unit handles the processing. The process is delicately handled just as the St.Kitts and Nevis Second Citizenship Program. The other option for the investor is to invest in the direct business of Antigua and Barbuda which requires a minimum investment of USD $1.5million. However, joint partners can choose to buy a business, where each partner investor invests a minimum of USD $400,000. And this should total to a minimum of USD $5 million. Alternatively, the investor can make a contribution to the National Development Fund (NDF) a sum of USD $100,000. This is specially made to fund Government projects for the development of the country.
Why XIPHIAS? XIPHIAS Immigration can take care of all the documentation as required by the Antigua & Barbuda immigration authorities as we experts in international investments where we address citizenship by investment and investor visa needs. While at that, XIPHIAS has also successfully made its mark in the field of skilled migration program across the globe. Partnering with us would only provide the investor more insight about the opportunities available world-wide. SOURCE: http://www.apsense.com/article/antiguabarbuda-citizenship-by-investmentprogram.html
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