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Case Studies

Life is Just Beginning at 60: How to Travel to Antigua and Barbuda Visa-Free Countries

Our client Vyacheslav wanted to discover a world full of travel without stress, borders and bureaucracy. Immigrant Invest helped him to obtain a travel passport of Antigua and Barbuda. In the first six months Vyacheslav has already visited the Caribbean, Europe and Asia.

Vyacheslav, 60
owner of construction companies
The name and photo of the client have been changed
Antigua and Barbuda citizenship by investment for visa-free travelling

Client's situation and tasks

When Vyacheslav turned 60, he decided to delegate the management of his companies to his sons. He remained a shareholder but no longer took part in the development of the companies. After retirement, the businessman finally had the opportunity to travel more.

In his youth, Vyacheslav could not afford trips abroad as he had no money or time. Additionally, a good reason was required in order to leave the country during the period of the USSR.

Over the past ten years, Vyacheslav has only traveled to Europe and Asia to meet with partners or speak at conferences.

Traveling around the world has become the main occupation of a retired businessman. Vyacheslav decided that he would finally visit the most beautiful parts of the world and relax in the best resorts. For the first time in his life, he didn't have to think about business meetings or check his work mail.

I want to finally see the world, it’s time to live for myself.

Getting freedom to travel around the world is Vyacheslav's main task

Taking care of his health has become another priority. Vyacheslav wanted to be treated abroad. He needed the opportunity to go to a clinic in Germany or Austria at any time.

Family. In September 2018, Vyacheslav's grandchildren enrolled at a private school in the UK. Previously, the children often stayed at their grandfather's house, therefore, Vyacheslav and his wife missed them a lot. Vyacheslav decided that he would try to visit his grandchildren in England often.

Vyacheslav's plans were overshadowed by the need to obtain visas for each trip abroad. As a citizen of Russia, he had to collect documents and wait for a decision. Moreover, he could receive a visa refusal at any time.

Vyacheslav's friends received citizenship by investment. The second passport freed them from visa restrictions and gave them freedom of travel. Following their example, Vyacheslav decided to obtain a second citizenship.

On the 26th of November, 2018, Vyacheslav turned to Immigrant Invest to choose an investment program.

The Immigrant Invest team that worked with Vyacheslav

Svetlana Gorchakova
Head of the Sales Department
Pavel Reshetnikov
Compliance Anti Money Laundering Officer of Immigrant Invest
Evgeniya Morozova Expert Immigrant Invest
Evgeniya Morozova
Head of the Legal Department

Choosing an investment program

Specialists of Immigrant Invest carefully analyzed the situation before proposing programs to choose from. How it happened:

Expert-analyst of investment programs:
discussed with the client his wishes and tasks;
spoke about the possibilities of different programs
Compliance Anti Money Laundering Officer:
conducted a preliminary Due Diligence check;
pointed out the risks that could affect the decision of the program departments
Lawyer in international and economic law:
made a list of documents that the investor needs to collect;
advised on the issue of tax residency
chose the program;
signed an agreement with Immigrant Invest

Six programs suited the client after a preliminary Due Diligence check. They were the programs of the Caribbean countries and Vanuatu.

Citizens of the Caribbean countries and Vanuatu enter the Schengen area without a visa to spend up to 90 days in any country in the region. Program countries are also part of the Commonwealth of Nations, so their citizens freely travel to the UK for 180 consecutive days.

Antigua and Barbuda
Saint Lucia
St Kitts and Nevis

Caribbean countries offer investors several investment options:

  • a non-refundable contribution to the state fund;
  • buying real estate and government bonds;
  • business investment.

The Vanuatu program has only one option - a contribution to the National Development Fund.

Vyacheslav chose the option with a non-refundable contribution as he was not going to buy shares in Caribbean hotels or open a new business.

We have calculated the cost of participation for the investor and his spouse, taking into account the cost of the contribution, Due Diligence, fees and commissions. Furthermore, Vyacheslav asked to indicate the number of countries with visa-free entry.

Expenses of the investor with his spouse on subsidies

How much does participation in the citizenship by investment programmes cost: the Caribbean countries and Vanuatu
The graph shows that the cost of participation does not always correspond to the opportunities offered by the second passport

Vyacheslav chose the Antigua and Barbuda program as it is the cheapest and opens entry to the maximum number of countries. When the decision was made, the couple entered into an agreement with Immigrant Invest to participate in the state program of citizenship of Antigua and Barbuda.

Solving the problem: the source of income is not suitable for investment

A program participant undergoes Due Diligence in the Department of Antigua and Barbuda. To do this, he provides information about the sources of income and confirms their legality.

Investors typically use business income to cover program costs. Initially, we thought that Vyacheslav would do the same but the Compliance Officer at Immigrant Invest identified a problem.

One of Vyacheslav's companies was a subcontractor for the construction of the Crimean Bridge. Since the beginning of 2018, the company has been on the US and EU sanction lists. Therefore, the investor could not use the income from the business to participate in the program as the risk of being rejected was too high.

If an applicant receives a refusal from any country at least once, one may face future difficulties in obtaining citizenship or a visa. For example, an explanation of the reason for refusal and proof that the situation was not the fault of the applicant.

Pavel Reshetnikov
Compliance Anti Money Laundering Officer in Immigrant Invest

Vyacheslav did not want to use the income from the second company as all the profit was invested in business development and he did not plan to withdraw money for personal purposes.

Vyacheslav's savings would have been enough for an investment but he wanted to spend this money on travel.

Immigrant Invest lawyers compiled a list of the investor's assets in order to find another option. The businessman had a three-room apartment in Moscow and a house in the suburbs. Vyacheslav consulted with his wife and decided to sell the house. The couple were going to buy a bigger cottage in the future.

Vyacheslav entered into a sale and purchase agreement and received $200,000. This was just enough for the couple to participate in the program and eliminate the risk of refusal.

From the sale of real estate went on the costs of the program

Preparation of documents and verification in the Department of Antigua and Barbuda

Lawyers prepared all documents for the application submission to the programs department in three weeks. In the wealth history, we listed all sources of income: dividends from two construction companies, savings and sale of a house. To confirm the source of income for the investment, we attached a copy of the sales contract.

Collection of documents for participation in the program

Provided by the investorPrepared by Immigrant Invest lawyers
  • Copies of passports
  • Medical insurance
  • Certificate of no criminal record
  • Copy of the apartment sale and purchase agreement
  • Payment receipts of state duty and payment of due diligence
  • Compiled a history of the investor's welfare
  • Translated documents into English
  • Certified and apostilled copies of certificates, passports and contracts
  • Filled in government forms and questionnaires
  • Checked that all the necessary documents were collected
2 minutes
spent by the client to transfer the documents to the courier
3 weeks
spent by lawyers to prepare documents for filing an application

The Due Diligence took four and a half months: Vyacheslav's candidacy was approved. Vyacheslav transferred the remaining amount of the investment to the department's account and began to prepare for a trip to the Caribbean.

Despite the fact that the investor’s company is on the sanctions lists, the verification was successful; a quick process without clarifying requests from the department. This is because the client found out about the risks on time and we helped to avoid them fast. We selected an alternative source of income and competently compiled a history of welfare.

Evgeniya Morozova Expert Immigrant Invest
Evgeniya Morozova
Head of the Legal Department

Oath in Antigua and Barbuda

Under the terms of the program, the investor comes to Antigua and Barbuda to take the oath. A new citizen is also required to spend at least five days in the country within five years after receiving a passport.

Vyacheslav decided to fulfill these conditions and relax with his wife at the resort at the same time.

On the 27th of June, 2019, the couple took the oath in the program department. In a solemn atmosphere, they received certificates of naturalization and second passports.

November 26th, 2018
Vyacheslav applied to Immigrant Invest
December 4th, 2018
Vyacheslav signed an agreement with Immigrant Invest
January 9th, 2019
Immigrant Invest lawyers submitted an application to the program department
May 23rd, 2019
Vyacheslav received approval from the program department
June 6th, 2019
The program department confirmed the investment
June 27th, 2019
Vyacheslav took the oath and received a second passport

World of free travel for Vyacheslav

Antigua and Barbuda Citizenship to travel visa-free to 151 countries

About 250 cruise liners will come to St James and Falmouth ports in Antigua and Barbuda in 2021

Antigua and Barbuda Citizenship to travel visa-free to Spain and the Schengen countries

About 250 cruise liners will come to St James and Falmouth ports in Antigua and Barbuda in 2021

Antigua and Barbuda Citizenship to obtain a 10-year visa to the USA

Citizens of Antigua and Barbuda can get a tourist visa to the United States for ten years and see the Grand Canyon

Vyacheslav did not only limit himself to Antigua and Barbuda. Over the next six months, the investor and his wife visited 13 countries. The second passport allowed them to forget about visas and bureaucracy.

The couple explored cruises and after the Caribbean countries, they embarked on a sea voyage across the Mediterranean. During the stops, Vyacheslav and Marina walked along the charming streets of Crete, enjoyed the romance of the canals in Venice and dined in the best restaurants in Barcelona.

The couple spent August 2019 in the UK with their grandchildren. Then when their studies began, Vyacheslav and Marina went on excursions to Scotland and Ireland.

In the fall, Vyacheslav had to return to continental Europe as his back problems worsened. After a course of treatment in Baden-Baden, the couple decided to not return back to Russia. For the winter, they flew to Asia and settled in Indonesia and Thailand.

Only in February 2020, the couple returned to Moscow due to the pandemic. Even with closed borders, they still have the opportunity to travel. As citizens of Antigua and Barbuda, Vyacheslav and Marina have the right to come to the islands at any time. Therefore, the summer vacation took place on a Caribbean beach.

Vyacheslav plans to get a visa to the United States when the pandemic ends as he has always dreamed of seeing the Grand Canyon.

You can learn about all the opportunities that a passport of Antigua and Barbuda offers from the material "Citizenship of Antigua and Barbuda guide for an investor".

Immigrant Invest is a licensed agent for government programs in the European Union and the Caribbean.

Schedule a meeting

Let’s discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

Zlata Erlach
Caribbean Investment Program Expert
Schedule a meeting
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