Antigua And Arbuda Citizenship
Introduction
Antigua and Arbuda citizenship by investment Program allows high-net-worth individuals and their families to obtain citizenship in exchange for a significant economic contribution to the country. This program is designed to stimulate economic growth and development while providing a fast-track path to citizenship for qualified applicants.
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Antigua and Barbude An Overview
This country has a succulent and tropical climate, crystal blue beaches that have got numerous sparkling turquoise beaches and an affectionate atmosphere-two major islands in composition-that form this eastern Caribbean island. Since it is comprised of 365 beaches as a nation, there has high tourism in this particular country. Boasted for such views, among prosperous countries of the world there lies two nations of, that are Antigua and Barbuda.
It also appears among the most gorgeous locations worldwide. The tourism industry thrives and remains one of the largest revenue-generating industries in GDP and a growing economy. Tourism makes up 60% of the revenue of the island. The island measures 14 miles long and 11 miles wide. The flat-topography of the land made it a good place to farm its first crops of cotton, ginger, and tobacco. Its main industry was that of sugar cane farming for more than 200 years.
Today, tourism and related services are the main industry of Antigua and Barbuda. Government and finance services are the next largest source of employment. The country recently faced some economic issues. However, the government had put in place the National Economic and Social Transformation Plan.
Step for applying for citizenship by invesment
Investment Program
An appropriate investment route has to be chosen first. You can then select real estate or an investment in business, making a gift to the national development fund, or the University of the West Indies Fund. Each of the investment choices has a particular requirement and benefit.
Collect some evidences through documentation.
Gather all the necessary documents. Among these are a birth certificate, a valid passport, a clean criminal record, and proof of investment. Make sure that all your documents are updated and contain correct information.
Application Submission
After you have made your investment and prepared your documents, you can now submit an application. Your paperwork must be in order.
Due Diligence
It takes a few months to six months after the submission of your application, where the application will be checked for due diligence. This is one of the major steps in the process. Your investment and background will all be carefully verified.
Approval of Application and Citizenship
You shall be notified if your application has been approved. From that time, you are to do the transaction required. Thereafter, you can take your certificate of registration as a citizen.
Passport and Residency in Antigua and Barbuda
The last step is to be issued your Antigua and Barbuda passport. You must spend at least five days in the country during the first five years from the date of obtaining citizenship.
FAQ
To be eligible, you must be over 18 years old, of good character, and have no criminal record. You must also meet the required investment threshold and pass due diligence checks.
The typical processing time for Antigua and Barbuda Citizenship by Investment is three to six months.
Antigua and Barbuda has a favorable tax system with no personal income tax, capital gains tax, inheritance tax, or wealth tax.