Antigua and Barbuda grant passports to foreigners who invest in the country’s economy. In 2020, 366 investors from around the world took advantage of the opportunity. They added 115.7 million Eastern Caribbean dollars, or about US$42.8 million to the country’s budget.
How much and what to invest in. Four investment options are available to investors:
$100,000 - non-refundable contribution to the National Transformation Fund;
from $150,000 - contribution to the University of the West Indies Foundation. The option is only valid for families of six or more people;
from $200,000 - purchase of a share, apartment or villa in a government-approved property;
from $1.5 million - investment in a local business.
Contributing to the National Transformation Fund is the most popular option. It is chosen by around 80% of programme participants. In second place is the purchase of real estate: the annual return on rental properties in Antigua and Barbuda is around 4%. It takes 5 years to own the property and then the property can be sold to recover the investment.
Programme costs: Contribution and purchase of real estate
Duration and procedure for participation in the programme. An Antigua and Barbuda passport can be obtained in three to six months. The Department begins processing the investor’s application as soon as it receives it and copies of the documents electronically. The originals can be sent later, as can the fees and due diligence checks.
We’ve talked about all the latest changes to Antigua and Barbuda’s citizenship programme in the article 'What’s New in the Caribbean'.
The passport of Antigua and Barbuda is a convenient travel document with which you can visit 165 countries of the world without visas. Among them are the Schengen countries, Great Britain, Singapore and Hong Kong. Also, citizens of Antigua and Barbuda can apply for a visa to the United States for 10 years using a simplified procedure that is not available to Russians.
Immigrant Invest is a licensed agent of the Antigua and Barbuda citizenship programme. If you wish to obtain a second passport, seek advice from the investment programme experts.