Permanent Resident in Antigua and Barbuda: Citizenship through Investment in the Country

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forum244
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Permanent Resident in Antigua and Barbuda: Citizenship through Investment in the Country

Post by forum244 » Thu Oct 12, 2023 8:46 am

Antigua and Barbuda are exotic islands with clear, turquoise waters in the tropical Caribbean Sea. This state is an attractive place for foreigners due to natural beauty, many beautiful beaches and a calm, measured life.

That's why yacht lovers and those who enjoy comfortable leisure activities often spend time here.

Permanent stay in Antigua and Barbuda
Since 2022, the State has been spam data offering an investment-based citizenship program. And the best part is that this is possible without having to visit the islands themselves.

To obtain citizenship, the candidate must meet the following requirements:

Be over 18 years of age.
Have a clean criminal record;
The legality of the origin of the funds used for investments.
If a five-day stay on the islands in the last five years was previously mandatory, this point has been removed for an indefinite period.

To participate in the Citizenship by Investment program, the money must be invested in the country's economy. However, citizens of the following countries cannot participate in this program

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Excluded are people who were born in these countries, but who emigrated before reaching the age of majority and/or who were permanent residents of Canada, the United Kingdom, the United States of America, Australia or New Zealand for a period not exceeding 10 years prior to their arrival. application and who do not have economic relations with a country with restrictions.

There are three ways to deposit money:

Buy a property worth more than $400,000;
Donate more than 200,000 dollars to the government fund;
Invest in an existing or new business on the islands up to $1.5 million.
The last point about investing in a business is for one person. For two or more investors, the minimum amount is 5 million dollars.

You must also pay an additional government tax:

- $50,000 for the candidate;

- 50,000 for the spouse, children aged 18 to 25 and financially dependent parents over 65;

- 25,000 USD for children under 18 years of age.

A mandatory step is the payment of a legal examination which is conducted to confirm the reliability of the candidates. The cost of this exam:

- 7.5 thousand dollars for the applicant and his or her spouse;

- 4 thousand dollars for each family member between 18 and 25 years old and over 65 years old;

- 2,000 for a child between the ages of 12 and 18.



Citizenship by investment for large families: six or more people
This lucrative offer, introduced during the pandemic, allows you to obtain citizenship by donating $150,000 (USD) to the university foundation.

This amount includes government fees for one investor and five dependent family members. If the number of people is more, additional fees apply for the rest.

Procedures such as due diligence and passport issuance are not included in this amount.



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