Antigua & Barbuda is a tropical island state in the Carribean southeast of Puerto Rico. The islands comprise a total of 442 sqkm and have about 85600 inhabitants. The capital Saint John`s is also home to V.C. Bird International Airport which offers direct flights to North America via San Juan and several flights to Europe (flight time to NYC is about 4 hours; to London 8hours). Antigua & Barbuda is part of the Commonwealth and English is the official language and the Eastern Carribean Dollar which is fixed to the US DOllar the offical currency. The islands are popular with tourists which are attracted by 365 white and pink sand beaches and some of the best diving and snorkeling in the Carribean. Please find more information here.
As with most island economies imported goods are relatively expensive while other goods and services are moderately priced. The rent for a 1br appartment can be about 8000USD a year, purchase prices for a 70sqm appartment start at about 35.000USD. Please find more information here.
The Citizenship by Investment program passed only recently (March 2013). It allows applicants to obtain citizenhship by investment. Upon grant of cititzenship a new passport is issued that allows the applicant to travel Visa free to 115 countries and allows the investor to take advantage of the tax regime. The investment options include:
In all cases there will be added application and due diligence fees of about 57.500USD for every applicant (each dependant needs to pay extra; there is a 50% rebate for Children on the application fee).
Other requirements include (amongst others):
Please contact us for more information about a full list of necessary documents. Also note that the program is new, limited and requires careful planning. The information above is subject to change.