
Antigua and Barbuda Citizenship by Investment in Urdu I Caribbean Second Passport
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In this video we will talk about citizenship by investment options for Antigua and Barbuda.
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 5 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 over 160 countries that includes Hong Kong, Singapore, U.K. and the Schengen Area.
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The Citizenship by Investment Programme (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;
1) A contribution to the National Development Fund (NDF) of a minimum non-refundable amount of US$200,000. Until 31st October 2019, there is a Limited Time Offer (LTO); The threshold for the National Development Fund (NDF) option has been reduced by %50; from US$200,000 to US$100,000 for a family of up to four persons, and from US$250,000 to US$125,000 for a family of five and over.
2) 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. Until 31st October 2019, there is a Limited Time Offer (LTO); Two (2) applications from related parties can make a joint investment, with each applicant investing a minimum of US $200,000 in order to qualify.
3) 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.
To know about the approved projects for real estate investment in Antigua and Barbuda
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