According to the news from Antigua observer, Antigua has sold over 800 passports, with Prime Minister of Antigua & Barbuda, announcing limited update on sale of passports until 2015 . The NDF fund deposits estimated to have EC$ 100 million for that year.”
Further the report says, the Government has received 194 citizenship applications from 34 countries with Chinese, Syrians and Indians topping the list.
In an article published in the Antigua CIP website, “Antigua & Barbuda is ranked 1st in the Caribbean with an active Citizenship by Investment Program and 25th most powerful passport in the world, with a visa-free score of 122.”
Antigua offers instant passport within 3 months against $200,000 non-refundable NDF contribution or $400,000 real estate investment. There are fees such as Due diligence, Government fee and agent fee (charged by authorized agents) on top of this.
Antigua passport holders can travel to 134 countries without applying for visa including Canada, United Kingdom and EU schengen states for tourism and business purpose for maximum 6 months period. A separate visa needed to travel USA, Australia, China, New Zealand, Russia.
Antigua citizenship-by-investment program is open to all country nationals. As per latest updates available from Antigua Citizenship by Investment Unit, the following countries are placed under restricted list (cannot apply for CIP)
- Iran
- Afghanistan
- Iraq
- North Korea
- Somalia
- Yemen
As an exception, nationals of the above-mentioned countries who are lawful permanent residents of Canada, the United States of America or the United Kingdom, will be allowed to make application providing that their status as lawful residents is established.
All investors applying for Antigua CIP, must pass due diligence and background checks, conducted by the Government. Once the passport is granted, no requirement to live in Antigua. No taxes apply.
The Government website also reports that the famous Hollywood star, 2 time Oscar winner, Robert de Niro, investing in multi-million dollar real estate projects in the Islands.
If you are prospective client, interested in applying for Antigua CIP, please contact us for private consultation and free quote.
