Surprising Advantages of Second Citizenship in Antigua and Barbuda
If you have the money, then why not invest it in a programme that will secure you the rights of living in one of the most beautiful places on this planet?
Yes, with the Antigua citizenship program, you can make significant investments in the real estate, bonds, and other assets of the economy and obtain their citizenship. Apart from the pristine skies and sparkling oceans, second citizenship of Antigua and Barbuda has a lot of benefits to offer, some of which are listed below.
- Proximity to Nature
If you are tired of spending your life struggling with heavy traffics and ungrateful people, you can make your way into Antigua and Barbuda, one of the most beautiful islands on Earth. It is “the land of 365 beaches”, so that, you have a beach to explore every day of the year. Also, the rich culture of the land will make you more grateful for life.
- Highest GDPs per capita in the Caribbean
The Antigua and Barbuda islands have generous governments which have left no stones unturned to award citizenships and incentives to Foreign Direct Investors. This is to facilitate the economic development of the country.
Well, their Antigua citizenship by investment program seems to be working well because the FDI has now made Antigua and Barbuda leaders in GDPs per capita growth in Caribbean.
- Great Quality of Life
If you are a citizen of a country where the political and economic instability is making your children’s development difficult, you can think about obtaining Antigua and Barbuda’s citizenship. Here, your children will get all the comforts of world-class healthcare and educational services.
Also, by living here, you will experience better quality of life, greater security, stability, and wealth protection.
The Citizenship by Investment Programme (CIP)
The CIP is a programme initiated by the Antigua and Barbuda government to award citizenship to individuals who make significant contributions to the National Development Fund (NDF).
NDF is regulated by the parliament itself to make sure that the funds collected are used for infrastructural and socio-economic development of the nation and its citizens.
If you are single applicant or have a family of 4, the CIP requires you to make a contribution of $100,000 (€87,800). Along with that, you have to pay a processing fee of $25,000. However, if yours is a family with five or more member, the contribution, excluding the charges, will amount to $125,000 (€109,750). These figures are after a 50% reduction in the standard investment, which will only be applicable till 31st October, 2019.
Apart from making contributions to the NDF, individuals can also make investments in the real estate of the nation. An investment worth $400,000 (€351,200) is required along with the retention of ownership for at least 5 years.
Also, Antigua and Barbuda are spoiling aspirants for choices because they can also make investments in businesses or make contributions to the University of West Indies Fund.
The four investment options offered by CIP do sound quick-fixes for obtaining second citizenship here. However, the programme also focuses on fostering healthy human relationships between individuals and holds the rights to penalise anyone who fails to do so.