ANTIGUA & BARBUDA
Citizenship by Investment
The largest of the English-speaking Leeward Islands attracts visitors with its mesmerizing beaches of the finest white sand and azure waters. Join the celebrities who have chosen the island as a place for winter homes and neighbor with Oprah Winfrey, Eric Clapton, and many more.
WHY CHOOSE ANTIGUA & BARBUDA?
The combined size of 442 square kilometers and a population of over 80,000 make Antigua & Barbuda the ninth-largest country by size in the Caribbean. The country’s economic citizenship program facilitates the comfort of visa-free travel to more than 100 countries.
Antigua & Barbuda recognizes dual citizenship, which can prove advantageous for business expansion and tax relief. Other benefits include the following:
Application processing within three to four months.
Inclusion of dependent children under 28 and dependent parents or grandparents over 58.
No requirement to travel to Antigua & Barbuda during the application process.
No interview, education or managerial experience required.
Visa-free travel to more than 100 countries, including the Schengen zone, the U.K., Hong Kong, Singapore and more.
No tax on worldwide income.
Antigua & Barbuda’s Citizenship by Investment Program was established in 2012. To qualify for citizenship applicants must fulfill one of the investment options below in addition to meeting the following criteria:
Be of outstanding character.
Hold no criminal record.
Have excellent health.
Have a high personal net worth.
Reside with the family members who are included in the application in the country for a minimum of 5 days within a period of five years.
Individuals born in countries on Antigua & Barbuda’s restricted countries’ list (Afghanistan, Iran, Iraq, North Korea, Somalia,Yemen, Sudan) but who have migrated before the age of majority and/or have maintained permanent residence in Canada, The United Kingdom, The United States of America, Australia, New Zealand, Saudi Arabia and The United Arab Emirates for a period of not less than 10 years and maintain no economic ties to any restricted country may qualify for application.
ANTIGUA AND BARBUDA INVESTMENT OPTIONS
The government adopted the citizenship by investment program as one of the mechanisms to promote economic growth, attract developments, increase foreign direct investment to the country, support the development of infrastructure and provide for a sustainable future. As a result, investors can choose from several options to qualify for the program.
1. National Development Fund Contribution or Charitable Donation
High net worth individuals may choose to make a monetary contribution of US$100,000 to the National Development Fund or an approved charity.
2. Real Estate Investment
Applicants may purchase property valued at a minimum of US$400,000 in a preapproved real estate development area. The investment must be maintained for a minimum of five years. Property registration, processing fees and taxes may be paid in addition to the property purchase.
Until 31st October 2020, there is a Limited Time Offer (LTO); Two (2) applications from related parties can make a joint investment, with each applicant investing a minimum of US $200,000 in order to qualify.
Callaloo Cay (Waldorf Astoria Antigua)
Callaloo Cay has signed a management agreement with Waldorf Astoria Hotels & Resorts, Hilton’s luxury brand of iconic landmark hotels for the brand’s first new-build resort in the Caribbean, Waldorf Astoria Antigua.
The resort’s 95 guest rooms and 25 branded villas, including beachfront suites and hilltop accommodations, will boast breathtaking views of the bay and calming lush surroundings, providing the ideal space for a comfortable and exclusive stay. This exclusive resort sits on 36 acres of prime beach-front and offers first-class facilities that cater to discerning clients.
Half Moon Bay (Rosewood)
Half Moon Bay Antigua is the first resort and residential community of its kind in the Caribbean. An intimate new enclave on the island of Antigua, Half Moon Bay will redefine ultra-luxury in modern terms that are meaningful to today’s discerning vacation homebuyer.
Situated on 132 acres, the exclusive community is comprised of 10 premier estate parcels that will be joined by a collection of Rosewood Residences and the new 47-suite Rosewood Half Moon Bay Hotel. Architecture for the Rosewood Hotel at Half Moon Bay is a collaboration between OBMI, the Caribbean’s preeminent architects, and Studio Piet Boon, an Amsterdam-based design firm with a high profile in the Caribbean ultra-luxury space. The vision is inspired by layering the sensibilities of traditional Caribbean architecture with a modern and distinctly environmental aesthetic.
Additional properties and financing options are available upon request.
3. Business Establishment
Applicants may invest US$1.5 million to establish a business. Two or more applicants may make a joint business investment with an individual threshold of at least US$400,000 and a total investment of at least US$5 million.
4. University of West Indies Fund
For an investment of US$150,000, a family of six (6) is eligible to apply for citizenship. The investment amount includes processing and government fees, however customary due diligence fees do apply for each dependent.
Dependents can include children below 30 years old and dependent parents over 58 years old. In addition, one member of the family is entitled to a 1-year scholarship at the University of West Indies.
Black women have closed the racial high school completion gap and the share of Black women with a college degree continues to rise. Despite this significant progress, the share with a college degree remains 60% lower for Black women relative to white women.
Factors contributing to this educational attainment gap include underinvestment in early childhood education, disparities in school funding, school quality, and economic resources, as well as bias faced by Black girls at school.
We estimate that closing the education gap for Black girls and women would narrow the earnings gap with white women by one-third.
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