Citizenship by Investment 2014

With some 365 beaches of clean clear turquoise
waters, the lush tropical island of Antigua is an
inviting paradise and considered to be one of the
most beautiful places in the world.
The Citizenship by Investment Program (CIP) was established following
parliamentary assent to the Antigua and Barbuda Citizenship by
Investment Act, 2013.
The Regulations regarding Citizenship by Investment in Antigua and
Barbuda are contained in Section 6 of the Citizenship by Investment
Act, 2013. These provisions allow the government to operate a program
under which citizenship is granted to persons who qualify under criteria
set by parliamentary decision.
Requirements and Procedures
The Citizenship by Investment Program (CIP) requires a person to
make a significant economic contribution to the Country. In exchange,
and subject to stringent application procedures, including thorough
background checks, the applicants and their families are granted
citizenship. To qualify for citizenship, the primary applicant must be over
18 years of age, meet the application requirements and select one of the
following three investment options;
n A contribution to the National Development Fund (NDF) of a
minimum non-refundable amount of US$250,000.**
n
n
An investment of at least US$400,000 into one of the approved real
estate projects and to be held for a minimum period of 5 years.
An investment of a minimum of US$1,500,000 directly into an eligible
business as a sole investor or a joint investment involving at least 2
persons in an eligible business totalling at least US$5,000,000 and
each of those persons individually invests at least US$400,000.
All three investment options are subject to government processing and
due diligence fees.
Ineligible applicants are as follows;
n Where an applicant has provided false information on his or her
application
n
n
n
n
n
n
Where a medical practitioner states that any of the family members is
suffering from a contagious disease and/or serious health problems
Not having received a free pardon, has at any time previously been
convicted in any country of an offence for which the maximum
custodial penalty is in excess of six months imprisonment
Is the subject of a criminal investigation
Is a potential national security risk to Antigua and Barbuda or to any
other country
Is involved in any activity likely to cause disrepute to Antigua and
Barbuda
Has been denied a visa to a country with which Antigua and Barbuda
has visa-free travel and who has not subsequently obtained a visa to
the country that issued the denial
Deprivation of citizenship may occur if the citizen does not spend at
least 35 days in Antigua and Barbuda during the period of five calendar
years after having obtained citizenship and they will not be entitled to
repayment of any investment, contribution or purchase price made by
them in their original application for citizenship.
Deprivation of citizenship will occur where such registration as a citizen
was obtained by false representation or fraud or wilful concealment of
material facts or the person has been convicted in Antigua and Barbuda
of an act of treason or sedition.
Dependants
Family applications will be considered to include the following family
members;
n A spouse of the main applicant
n A child of the main applicant or his or her spouse who is less than 18
years of age
n A child of the main applicant or his or her spouse who is at least 18
years and less than 26 years of age and who is in full time attendance
at a recognised institution of higher learning and fully supported by
the main applicant
n
n
A child of the main applicant or of the spouse of the main applicant
who is at least 18 years of age, who is physically or mentally challenged,
and who is living with and fully supported by the main applicant
Parents or grandparents of the main applicant or his or her spouse
above the age of 65 years living with and fully supported by the main
applicant.
For the purposes of the Antigua and Barbuda Citizenship by Investment
Program ‘child’ means a biological or legally adopted child of the main
applicant, or of the spouse of the main applicant.
Benefits
Antigua and Barbuda Passport
The passport will be valid for a period of 5 years and will be considered
for renewal subject to the recipient having spent a total of 35 days in
Antigua and Barbuda, since gaining citizenship, within the 5 year period.
The passport does not afford automatic voting rights and persons would
need to qualify as outlined in the Representation of the People Act.
The passport will afford the holder visa free travel to 131 countries that
includes Canada, Hong Kong, Singapore, U.K. and the European Union.
How to Proceed
The documentation that you require is as follows
n Citizenship by Investment Application Form AB1
n Photograph and Signature Certificate Form AB2
n Medical Certificate Form AB3
n Investment Confirmation Form AB4
n Agent Form Form AB5
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