Antigua and Barbuda Citizenship by Investment: The Ultimate Guide

What was once one of the cheapest citizenship-by-investment (CBI) programs in the Caribbean has recently seen an increase in minimum investment requirements.

As of August 2024, if you want to gain Antigua and Barbuda citizenship by investment, you must invest a minimum of US$230,000, a large increase compared to the previous minimum of US$100,000.

Antigua and Barbuda wasn’t the only Caribbean nation to increase investment minimums, though.

Earlier in the year, along with Grenada, St Kitts and Nevis, St. Lucia and Dominica, Antigua and Barbuda signed a Memorandum of Agreement (MOA) in which they agreed to raise the minimum investment required to qualify for citizenship to US$200,000 by June 30, 2024. 

Many were waiting to see what the potential knock-on effect would be, but we are glad to confirm that even with the price hikes, the value far outweighs many more ‘famous’ CBI programs and investors are still lining up for a slice of this paradise.

This significant policy shift is part of a broader Caribbean initiative aimed at upgrading regional standards and comes in the wake of international scrutiny and criticism of the security and integrity of some local CBI programs.

The island nations maintain that the program overhaul is another significant step towards enhanced regulatory integration, transparency and the eradication of underselling – a notable concern within the industry.

The agreement addresses issues such as sharing information on CBI applicants, enhancing transparency measures, establishing a regional competent authority, setting common standards of communication and promotion, regulating agents and facilitating joint training programs.

That means greater security and transparency: vetting of CBI applicants will be strengthened and the five island nations will establish a shared digital portal for exchanging information on applications.

We’ll continue to update you with new news on policy shifts in the Caribbean, but things move quickly in this scene, and there’s no guarantee that these prices will stay the same for any set period of time.

So, if you’re currently exploring the option of Caribbean CBI, take time to read our comprehensive guide below and get in touch.

Antigua and Barbuda Citizenship by Investment: Quick Guide 

On the surface, Antigua and Barbuda looks to many travellers like just another pair of hidden Caribbean gems.

But dig a little deeper and you might find there’s more to Antigua and Barbuda than stunning beaches and turquoise seas.

Spend time here. Discover its history, and listen to its people. You might hear stories of freedom and prosperity echoing through the air. You might just discover that the real treasure on these islands is the abundance of opportunities on offer to investors.

Antigua and Barbuda’s citizenship by investment is one such opportunity, offering a visa-free or visa-on-arrival gateway to 142 countries.

Antigua and Barbuda launched its CBI program in 2013, and since then, this initiative hasn’t been about simply keeping up with the competition – it’s been about setting the pace.

While the initial news of the MOA brought up many doubts about the value of these programs, the reality is that Antigua and Barbuda’s citizenship-by-investment program is still hard to beat. It remains an attractive option for those seeking a powerful passport and the benefits that come with it. 

Aside from the practical benefits, there’s one other treasure to be found: massive tax savings. In fact, there are zero taxes on personal income, capital gains or inheritance, making it ideal for tax planning. 

So, while the natural beauty draws many, it’s the economic and travel freedoms that a passport from Antigua and Barbuda secures that attract discerning investors. 

Let’s dive into what makes the Antigua and Barbuda CBI program stand out and find out why it’s not just the most budget-friendly but also the most beneficial among the Caribbean passport programs. 

Do note that if the country doesn’t catch your eye, the region has several other exceptional CBI programs. All you need to do is reach out to us to figure out which works best for you.

Antigua and Barbuda Citizenship by Investment: The Basics

Are you new to the world of buying a second passport or citizenship by investment?

Then let’s take a look at what a citizenship-by-investment program is and what the general requirements for qualifying for a CBI passport are.

Citizenship-by-investment programs are created and run by a national government to attract investors. If the domestic economy is lacking or overly reliant on one industry (such as tourism in the Caribbean), the government will seek foreign investment to diversify the ways they make up the country’s gross national income. 

Antigua and Barbuda is just one of many countries worldwide that offer CBI programs to do just that. Each program has its own individual requirements, but the general procedures include the following: 

• Invest or donate a specified amount of money to the country
• The required investment money must be invested or donated in a way that’s specified by the CBI program legislation
• Citizenship and a passport are granted as a result.

Now that you’re up to speed with the basics of what a citizenship-by-investment program entails, let’s look at what Antigua and Barbuda specifically offers.

So, What’s Antigua and Barbuda Like?

Antigua and Barbuda is a nation in the West Indies, comprising two large and several small islands. Just take a short, direct flight from North America or a slightly longer one from Europe, and you can experience for yourself all that these islands have to offer a foreign investor. 

As an English-speaking member of the British Commonwealth and a former British colony, Antigua and Barbuda thrives on tourism. 

This industry is responsible for generating 50% of the twin-island nation’s GDP with over a million people – mostly Americans, Canadians and Europeans – visiting each year. 

As you can see, Antigua and Barbuda has successfully capitalised on its beaches, coves‌ and lagoons. Antigua has built some of the most exclusive resorts in the world, while Barbuda continues to attract people with its untouched and raw natural beauty.

These islands embody the quintessential Caribbean spirit, with rum factories, vibrantly coloured villages‌ and welcoming locals. However, their geographic location makes them susceptible to tropical storms. 

It’s in the lap of the gods whether the islands are hit during the annual hurricane season (July to October) and it’s hard to predict whether any damage suffered will be severe or not. But storms do happen, and it’s worth recalling that in 2017, Hurricane Maria basically demolished the smaller island of Barbuda. 

The Antiguan government has taken several steps to diversify its economy and made investment banking and financial services an essential part of its local industry.

Like its neighbouring island states, the country lets foreigners invest and manage their capital at a fraction of the cost in the West.

They’ve also established their citizenship by investment program, which has raised a large sum of money for this tiny country, allowing it to develop and grow. 

You could get an Antiguan passport, enjoy its luscious beaches and luxurious resorts and save a lot of money in the process. 

Let’s see how it works. 

Antigua and Barbuda’s Citizenship-by-Investment Program

Want to make Antigua and Barbuda your home? Perhaps you just care about its passport and the benefits it would bring you and your family? 

In just three to four months, you could have an Antiguan passport in your hands and start enjoying all the benefits that it brings. In return, however, you’ll be expected to contribute economically to the country. 

Although Antigua and Barbuda’s CBI program may not offer any major advantages for solo applicants compared to other Caribbean CBIs, its true value and appeal lies in those with families. 

Under the updated investment requirements, a family of up to four members can apply for citizenship under the same contribution of US$230,000 and a processing fee of US$20,000. 

Due diligence fees will be added for each person, but the principal investment of US$250,000 (contribution processing fee for a four-person family) remains the same.

That’s not very common in the CBI world (at all) and gives Antigua and Barbuda a clear advantage.

The Antigua and Barbuda CBI program is also one of the few that not only allows for adult dependent children aged 18-30 to be included in the main application, but it also allows for parents and parents-in-law of the principal applicant to be added too (financially dependent, 55+ years old). 

Residency Requirement 

Although other Caribbean countries with CBI programs don’t have residency requirements, Antigua and Barbuda does. 

We don’t necessarily see this as a bad thing because it shows that Antigua wants its applicants to take the citizenship process seriously. Plus, this residency requirement is quite simple to meet. 

There is no pre-passport residency required. In fact, you can get an Antiguan passport without ever leaving your home. 

However, as of December 2023, a virtual interview conducted by an approved third-party agent is mandatory for all applicants over 16. This interview incurs an additional fee of US$1,500 per person. 

A post-citizenship residency requirement mandates spending five days over the course of five years in Antigua and Barbuda to maintain citizenship. Failure to meet this requirement may result in a passport renewal denial. 

However, once renewed, the residency requirement no longer applies. Meeting this requirement should pose no difficulty, considering the country’s allure.

Antigua and Barbuda Citizenship by Investment Requirements 

So, what kinds of documents do you need to get Antigua and Barbuda citizenship by investment?

While the Antiguan government offers four investment options, the most common choice (97% of applicants) is contributing to the National Development Fund. 

That’s because it requires the lowest amount of investment, even though you could potentially see a return on your real estate or business investment. 

Ultimately, it’s up to you to choose which route you want to take, but we strongly urge you to consider donating to keep things simple. You can always look for businesses or real estate investments elsewhere – the world is full of opportunities. 

Let’s delve a little further into each of the three investment options and talk about the Antigua passport fees associated with them.

Option A – National Development Fund

Even though it might seem counterintuitive to make a donation rather than invest your money in a tangible asset, there is a reason this route is by far the most popular in Antigua’s CBI program.

It’s the lowest amount that can get you an Antiguan passport, and it’s one of the most affordable options for a family of up to four people in the world. 

The National Development Fund was established in 2006 to finance government projects that improve the lives of its populace, such as building roads and investing in education. 

Here’s what it looks like:

Investment Costs: US$230,000 donation to the Antigua National Development Fund for a family of up to four people. For a family of five or more, the cost is US$245,000. 

Government Fees: US$20,000 processing fee for up to four family members. Incremental payments of US$10,000 for each additional dependent.  

Option B – Real Estate Investment

Your second option is to invest in real estate, which is unlikely to appreciate a great deal in Antigua and Barbuda. Moreover, investing in a country that relies only on tourism and foreign investment is risky. 

However, you could potentially recover your funds after the holding period of five years is up. 

Here’s what it requires: 

Investment Costs: US$300,000, or US$300,000 each, if two related parties invest together. The real estate must be held for at least five years before it can be sold. It can be sold to another CBI program applicant, but only once. 

You may only buy real estate that’s pre-approved by The Cabinet, which means that you’ll be looking at the overpriced luxury real estate segment. 

The most up-to-date and official list of approved real estate investment options can be found here on the government website.

Government Fees: US$20,000 for a family of up to four people, with additional payments of US$10,000 for each additional dependent. 

Altogether, the investment in real estate in Antigua and Barbuda comes to US$320,000. If you can wait five full years, it could be an attractive option for those looking to recover all their investment. 

You’ll still be able to keep your citizenship if you sell the real estate after the five years are up. 

Option C – Business Investment

You can also invest in a pre-approved business to obtain your Antiguan passport. Again, this may be done individually or with someone else, in which case you can split the costs. 

Here’s an up-to-date and complete list of approved business investment opportunities if you choose to go this route. 

The two business investment options are:

• Invest at least US$1,500,000 in an approved business as a solo applicant.
• Make a joint investment (with other applicants) in an approved business totalling at least US$5,000,000, with each person contributing at least US$400,000.

Processing Fees: US$20,000 for a family of up to four people, with additional payments of US$10,000 for each additional dependent.

Option D – University Fund (UWI)

Effective May 2020, Antigua and Barbuda introduced a new donation option that is only available to families of six or more.

By donating to the University of the West Indies, you can automatically qualify six applicants for citizenship. Plus, one family member will receive a one-year scholarship to ‌UWI.

Investment Costs: A one-time donation of US$260,000 to the University of West Indies Fund.

Government Fees: All processing fees are included in the US$260,000 donation amount.

Antigua Passport Fees

In addition to the investment and government fees applied to each of the investment options, additional fees are tacked on to each application for good measure. 

So, what are the additional Antiguan passport fees?

Due Diligence Fees: US$8,500 per single applicant, US$5,000 for a spouse, US$2,000 per dependent aged 12-17 (under 12s are free) and US$4,000 per dependent aged 18 or older. 

Passport Fee: Every person in your family who needs a passport will have to pay US$300.

Interview Fees: Since the nation introduced interview requirements, each member of the family who is over 16 will cost an additional US$1,500 for the interview.

Agent Fee: Whatever fee you agree upon with the authorised agent or an agency, you’ll have to add it to the total cost of obtaining an Antiguan passport.

Antigua and Barbuda Citizenship by Investment: Application Process 

Now that you know what the total costs involved might be, we’ll give you a rundown of what the process of applying for an Antiguan passport looks like. 

Please note that only licensed agents can lodge applications on your behalf. Here is a complete list of licensed agents who are permitted to help you with the application process. 

Not a fan of talking to a bunch of agents to figure out the best one? No problem. Get to know our team and let them help you plan your best way forward without you having to lift a finger.

Personal Requirements 

The Antigua and Barbuda citizenship-by-investment program is not a highly restricted CBI program and all of the requirements are fairly standard. 

They are as follows: 

• You are 18 years or older
• You can’t be under sanctions, restrictions or bans to enter EU countries, the United States, the UK or Canada
• You must have no criminal record
• You must be able to confirm that the source of your income is legal and that you have enough money coming in to survive
• You are of good character and health
• You must not be a threat to the integrity and the safety of Antigua and Barbuda.

1. Lodge Application (A Few Days)

There are certain documents required to apply and complete the process of obtaining Antiguan citizenship by investment. They include:

• Police certificate
• Copy of your passport
• Marriage certificate (if applicable)
• Birth certificate
• Health and medical documents

All your documents should have an apostille so that they can be legally used in Antigua and Barbuda.

To initiate the process, apply with your advisor or individually via an authorised agent. You will have to pay 10% of the government fee (so US$2,600 if you’re choosing the first donation route) to start the application process.

Real estate investors will need to provide a sale agreement and business investors will need to get their projects approved.

It is also worth noting that the Citizenship by Investment Unit may ask for additional documents and information as required before proceeding.

2. Interview (Virtual)

After you submit your initial documents, interviews are scheduled and conducted virtually for all applicants over the age of 16. It is important to attend this interview on the scheduled date to avoid delays with your application.

These interviews are pretty straightforward, and applicants often receive a list of questions. Typical interviews include questions about your family relationship, why you are seeking citizenship, and any other relevant information tied to your application.

3. Due Diligence Period (3 Months)

It will take approximately three months for the government to look into your application and decide on the outcome.

You will have 30 calendar days from the day the Certificate of Registration of Citizenship is issued to finalise your investment (whether a donation or the balance due on your property investment) and pay all the fees.

4. Receive a Passport (4 Weeks)

All that’s left to do at this point is visit an Antiguan Embassy, High Commission or Consular office to take an oath of Allegiance and physically receive your passport. 

It will then be issued for five years. During that time, you must visit and spend at least five days per year in the country to be able to extend the passport once it expires. 

All subsequent passports are valid for periods of 10 years.

The Pros of Antigua and Barbuda Citizenship by Investment

Although similar to other programs, such as St Lucia or Grenada, Antigua and Barbuda has an edge if you aren’t a solo applicant. 

If you have a spouse and children, Antigua is the cheapest jurisdiction in the world to obtain a second (or subsequent) passport. 

While other programs charge additional fees for every family member, Antigua lets a family of four apply for the same price – that’s a bargain. 

Plus, there are other benefits of Antigua and Barbuda citizenship: 

• Visa-free travel to 142 countries: According to the Nomad Passport Index, an Antigua and Barbuda passport allows you to travel to 142 countries without applying for a visa. These countries include the Schengen area, South Africa, Hong Kong and Brazil.
• Access and privileges in the UK: Since Antigua and Barbuda is part of the Commonwealth, its citizens are entitled to certain privileges in the United Kingdom and its other member states. 
• Dual citizenship for life: You will get to enjoy your citizenship for life, and the same goes for your children. You will obtain the right to live and work in the country. However, you won’t automatically have the right to vote in elections. 
• Quick passport: The total time from submitting your application to receiving your passport is relatively quick, especially compared to European CBI programs.
• No residence requirement: You don’t have to live or even visit Antigua and Barbuda to obtain your passport. Lodge an application, and you will only have to spend five days per year in the country in order to retain your citizenship if you receive a passport. 
• Favourable tax regime: Even though you can’t live tax-free in Antigua and Barbuda if you choose to become a resident, the tax environment as a whole is quite favourable. The country has no capital gains, gift, wealth, inheritance or real estate taxes. Income tax is not charged on income that’s generated outside of the country. 
• An island paradise: There is no negating the fact that Antigua and Barbuda is one of the top holiday destinations in the world. Antigua’s resorts and Barbuda’s unspoiled beaches and nature attract over one million visitors annually. You could have a second home there, with easy air connections to major hubs in North America and Europe.  

Antigua and Barbuda Citizenship by Investment: FAQs

Is Antiguan Citizenship Right for You? 

Antigua and Barbuda is one of several countries offering citizenship-by-investment programs that compete for your investment.  

It is up to you to determine if investing in Antigua and Barbuda is a good choice for your needs or not. However, there are clear benefits to this opportunity. 

Not only would you be able to travel to more than 140 countries visa-free or with visa-on-arrival, including all of the EU, most of Latin America, South Africa and Hong Kong, among others, but Antiguan citizens are also (British) Commonwealth citizens, which in itself has some benefits if you were to go to the UK.

With all that said, if you are still unsure, it’s probably best to reach out and speak to us. 

We have experience helping thousands of clients acquire their second citizenship using no cookie-cutter formula. We deal with you on a personal level and ensure you get what fits your needs best.

Apply to become a client today to start this journey towards your second passport.