Antigua citizenship by Investment in Dubai | PR and Citizenship

Antigua Citizenship by Investment in Dubai

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Antigua & Barbuda is a state consisting of two main sister islands as well as several smaller islands located in the Eastern Caribbean, in the midst of the Leeward Islands. The English settled on the two islands before they achieved Commonwealth status, and thus, English remains the official language. Elizabeth II of England is recognized as the Queen of Antigua & Barbuda, and is represented by a Governor-General, although the Prime Minister is the head of the state government. Antigua has a total area of 108 square miles and Barbuda, 68 square miles. The islands are the sunniest in the East Caribbean, with average temperatures that range from the mid-eighties during summer and the mid-seventies in winter. Their shorelines feature natural harbors, beaches and lagoons, as well as being rimmed by shoals and reefs. A third uninhabited island, Redonda, measures just 0.6 square miles and currently used as a nature preserve. Mahandru Associates is the top-rated agency which provides Antigua citizenship by investment in Dubai.

Why choose Antigua Citizenship

Antigua and Barbuda is an independent Commonwealth state in the Eastern Caribbean. With some 365 beaches of clean turquoise waters, the lush tropical islands of Antigua and Barbuda are an inviting paradise and considered to be one of the most beautiful places in the world.

Antigua and Barbuda is a member of the United Nations, the British Commonwealth, and Organization of American States (OAS) among many other international organizations. Holders of the Antigua and Barbuda passport enjoy visa free travel to approximately 132 countries, includes Hong Kong, Singapore, U.K. and the Schengen Area.

The Citizenship by Investment Unit (CIU) was established by the Honorable Prime Minister of Antigua and Barbuda and is the Government authority responsible for processing all applications for Agent’s Licenses, and all applications for Citizenship by Investment by applicants and their family.

Antigua & Barbuda Fact Sheet

Location: Caribbean, islands between the Caribbean Sea and the North Atlantic Ocean, east-southeast of Puerto Rico.
Capital: Saint John’s
Time Zone: UTC -4
Area: 442.6 km2
Language: English (official), local dialects
Religion: Protestant – 68.3%, Roman Catholic – 8.2%, Other Christians – 12.2%, Other Religions – 11.3%
Govt. Type: Constitutional monarchy with a parliamentary system of government and Commonwealth realm
Currency East Caribbean dollars (XCD)
Exchange Rate USD = 2.7 XCD (2015)
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I and my family are delighted to get a new passport and nationality, that would be helpful for my usual travel around the world and for higher education of the kids. Mahandru Associates has done an outstanding job in completing the application process. Even when it was taking a little bit longer than expected, they took it upon themselves to constantly follow up and update me on the progress. As the procedure involves a significant investment and a lot of paperwork, I really recommend a consultant like Mahandru Associates to take on the responsibility of getting the job done and in an efficient manner as well. I am very much grateful!

Mr. Samer El Debes
CEO, Travel Industry

APPLICATION PROCEDURE

Step 1

Application preparation and pre-approval by Mahandru Associates.

Step 2

Submission of Citizenship Application to Citizenship by Investment Unit (CBIU).

Step 3

Government processing of the application and due diligence checks, taking up to 2-3 months for completion.

Step 4

Past successful Due Diligence Govt. will issue an “Approval in Principle”.

Step 5

If your application was approved in principle, the letter issued by the CBIU will also instruct you to make the contribution payment (for the National Development Fund – NDF option) or to complete the payment of the real estate property.

Step 6

Certificate of Naturalization / Citizenship Certificate Issuance.

Step 7

Issuance of Passport Book

To qualify for the Antigua & Barbuda Economic Citizenship Program, applicants need to:

  • Be of outstanding character
  • Hold no criminal record
  • Be in excellent health
  • Have a basic knowledge of English
  • Make an investment in a government-approved real estate development or make a monetary donation
  • Minimum 18 Years of Age
  • Be able to provide Personal, Business and Bank’s Reference Letter
  • Must pass strict Due Diligence checks in regard to Past Criminal Records & Source of Funds
  • Be in Good Health
  • All Identity Documents Attested & Notarized
  • Fast processing within as short as 4-month time period.
  • Dual citizenship is recognized under the program.
  • There are no residency or personal visit requirements to gain citizenship.
  • Non-residents who gain citizenship under the program are not charged any tax.
  • Lifetime citizenship is irrevocable once granted.
  • Family Inclusion
  • Minimal taxation – no wealth, gift, inheritance, foreign income, or capital gains tax.
  • Citizens can travel to 132 countries, including the UK, without a visa.
  • The ability to hold multiple citizenships.
  • There is no restriction on the repatriation of profits and imported capital.

LEGAL BASIS

The Antigua & Barbuda Citizenship by Investment Programme has been enacted since 2014. 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 program under which citizenship is granted to persons who qualify under criteria set by parliamentary decision.

INVESTMENT OPTIONS

An applicant for Antigua & Barbuda Citizenship by Investment may opt for any of the below 2 Investment Options;

To qualify for citizenship of Antigua & Citizenship under the real estate option of the Citizenship by Investment Programme, you must purchase authorized real estate to the minimum value of USD 400,000.

Antigua & Barbuda  (Real Estate Investment)  Single Applicant  Applicant & Spouse Family (2 Adults & 2 Children)
Investment $400,000 $400,000 $400,000
Govt. fee $50,000 $50,000 $50,000
Due Diligence $7,500 $15,000 $15,000
Passport $300 $600 $1,200

*Fee are variable based on the age of each dependent & are subject to change at any time.

**Local Agent Fee and Mahandru Associates Fee is not included in aforementioned details.

An applicant for Antigua & Barbuda Citizenship by Investment may opt for any of the below 2 Investment Options;

  1. Donation in Government National Development Fund (NDF)
  2. Investment in Real Estate

National Development Fund (NDF)

The National Development Fund (NDF) is a non-profit fund that is subject to parliamentary oversight by way of a six-monthly report to be presented to Parliament in sufficient detail to allow for transparency and accountability. The fund will also be audited by an internationally recognized accounting firm.

It is established under section 42(2) of the Finance Administration Act 2006 for the purpose of funding government sponsored projects, including public-private partnerships and approved charitable investments.

Acquisition of citizenship under the NDF investment option requires a contribution to the National Development Fund in the minimum sum of US$200,000 per application. The contribution is in the form of a one-time payment.

The primary applicant may include spouse, dependent children and dependent parents over 65 years of age within the application with no additional NDF contribution required, although government and due diligence fees will be payable per each individual which is outlined within the separate excel sheet provided.

REDUCTION IN NDF

The government of Antigua and Barbuda on Thursday October 12, 2017 announced its intention to reduce the investment threshold for National Development fund (NDF) by 50% from USD 200,000 to USD 100,000 for a family of up to 4 persons and from USD 250,000 to USD 125,000 for a family of 5 and over. The aforementioned policy adjustment has been taken after an extensive market research and an overall assessment of the program’s market share in the industry and will come in effect on Wednesday November 1, 2017. All the previous processing and due diligence fees will remain unchanged.

Antigua & Barbuda (Govt Funds) Single Applicant Applicant & Spouse Family (2 Adults & 2 Children)
Contribution $100,000 $10,000 $100,000
Processing Fee $25,000 $25,000 $25,000
Due Diligence $7,500 $15,000 $15,000
Passport $300 $600 $1,200

WHY CHOOSE ANTIGUA & BARBUDA  

  • No physical residency requirements
  • Inclusion of dependent children up to 25 years old
  • Inclusion of unmarried daughters under 25 living with and fully supported by the main applicant
  • Inclusion of dependent parents/grandparents over with and fully supported by the main applicant
  • Inclusion of dependent parents/grandparents over 65 years old
  • No minimum level of education required
  • No management experience required

Case Studies

I have wanted to invest my money and start a business in a beautiful Caribbean island, and I chose Antigua. Mahandru Associates assisted me with the whole process and I am extremely grateful to them. – Nicole

Me and my family got the citizenship of Antigua thanks to Mahandru Associates. We now run a small business in the country and plan to spend our retired life in peace and quiet. – Asha

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