Top 7 Benefits of Antigua and Barbuda Citizenship
Antigua and Barbuda provides many benefits to its citizen, which makes the Caribbean country very popular with investors worldwide.
Antigua and Barbuda grants individuals and their families second citizenship in exchange for investment. Simple procedures, a reasonably low amount of assets required, and other benefits have encouraged many applicants to take advantage of this offer.
There is plenty of benefits that Antigua and Barbuda citizenship provides. The most significant ones will be discussed further.
Real estate investment is not only a way to become an Antiguan citizen but an excellent opportunity to make money.
With the modern international airport, this island state has become an important transportation hub that connects the Caribbean Islands to North America and Europe. In addition, the seaport in the capital can accommodate several cruise liners at the same time.
All this, combined with beautiful beaches and warm sea, has turned Antigua and Barbuda into one of the most popular tourist destinations.
So, the owners of luxurious properties can expect a high investment return from the housing provision. In addition, by the Antigua and Barbuda law, the investor can sell the property five years after the purchase.
Antigua and Barbuda is attractive for businesses as it offers entrepreneurs a moderate taxation regime.
In particular, in this Caribbean country, there are no taxes on:
- Personal income
- Capital gains
Quick procedure for obtaining citizenship
According to the expert of Immigrant Invest agency Evgeniya Morozova, Antigua and Barbuda citizenship by investment is the most robust and affordable program in the Caribbean.
The minimum amount of investments to get citizenship for investors and their relatives starts from USD 100,000. The processing time is from 3 to 6 months. In addition, applicants do not need to travel to the country to file documents.
However, one of the requirements for applicants is to reside in the country for a minimum of five days during the first five years of obtaining Antigua and Barbuda citizenship. Therefore, it is necessary to extend the validity of the passport further.
Political stability and low crime rate
Because of its location, this island Caribbean state is not affected by geopolitical crises. Solid democratic institutions, based on the British model, guarantee the sustainable functioning and development of society and political stability. The rule of law and low crime rate make Antigua and Barbuda the safest country in the world and increase the popularity of Antigua and Barbuda passports.
Traveling without a visa around the world
A second passport and Caribbean citizenship allow the investor to visit either visa-free or by gaining a visa on arrival to nearly 150 countries, including:
- Schengen states
- Great Britain
- Hong Kong
Also, there is a chance to obtain a tourist US visa (B-1/B-2). For many applicants, it is one of the essential benefits of Antigua citizenship.
This Caribbean country recognizes dual citizenship. Therefore those who invest in Antiguan citizenship can retain native citizenship and take advantage of a new one enjoying extra opportunities for doing business in different countries.
Beach holiday all year round
Another benefit of Antiguan citizenship is year-round access to more than 300 sandy beaches. Diving and snorkeling, fishing, and sailing — all these activities are always available for every Antiguan citizen.
Every year, Caribbean programs for obtaining citizenship by investment are gaining popularity among business people worldwide. And this is not surprising. An Antigua and Barbuda passport implies new opportunities to profit and travel, as well as living in a safe country far from all the world’s crises and political upheaval.