ANTIGUA & BARBUDA
This country which is a combination of 442 square kms. And has a population of more than 80,000 people makes Antigua and Barbuda the combined size of 442 square kilometers and a population of over 80,000 makes Antigua & Barbuda the ninth-largest country by size in the Caribbean. Because of its economic citizenship program, it is easier to facilitate visa free travels for more than 100 countries as well as more comfortable.
Antigua & Barbuda understands dual citizenship, which has helped prove more advantages for expansions of business and reliefs from tax. There are other benefits which include:
- Application processing takes place in three to four months.
- Children who are under 28 and dependent parents or grandparents over 58.
- There exists no necessity to travel to Antigua & Barbuda during the process of application.
- No interview, education or managerial experience is needed.
- It allows a travel which is visa free to more than 100 countries, including the Schengen zone, the U.K., Hong Kong, Singapore and more.
- There is no tax on income that is worldwide.
Antigua & Barbuda’s Citizenship by Investment Program was established in 2012. In order to qualify for citizenship applicants must fulfill one of the investment options below in addition to meeting the following criteria:
Individuals born in countries on Antigua & Barbuda’s the list of restricted countries (Afghanistan, Iran, Iraq, North Korea, Somalia, Yemen, Sudan) but who had migrated before the age of majority and had been permanent residence Canada, The United Kingdom, The United States of America, Australia, New Zealand, Saudi Arabia and The United Arab Emirates for a period of 10 years minimum and had maintained no economic ties to any of the restricted country are applicable.
The government has adopted the citizenship by investment program in order to promote economic growth, attract developments, increase foreign direct investment to the country, support the development of infrastructure and provide for a sustainable future. As a result, investors can choose from several options to qualify for the program.
Individuals who have a High net worth are eligible to make a monetary contribution of US$100,000 to the National Development Fund or an approved charity.
Applicants can purchase property valued at a minimum of US$400,000 in a preapproved real estate development area. The investment should be maintained for at least of five years. Property registration, processing fees and taxes can be paid in addition to the purchase of property.
Until 31st October 2020, 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.
Callaloo Cay signed a management agreement with Waldorf Astoria Hotels & Resorts, Hilton’s luxury brand of iconic landmark hotels for the brand’s first new-build resort in the Caribbean, Waldorf Astoria Antigua.
The resort’s 95 guest rooms and 25 branded villas, including beachfront suites and hilltop accommodations, has breathtaking views of the bay and calming lush surroundings, provides the ultimate space for a comfortable and exclusive stay. This exclusive resort sits on 36 acres of prime beach-front and offers first-class facilities which please almost every client.
Half Moon Bay Antigua is the first resort and residential community of its kind in the Caribbean. An intimate new area on the island of Antigua, Half Moon Bay redefining ultra-luxury in modern terms which are meaningful to today’s discerning vacation homebuyer.
Situated on 132 acres, the exclusive community is comprised of 10 premier estate parcels that will be joined by a collection of Rosewood Residences and the new 47-suite Rosewood Half Moon Bay Hotel. Architecture for the Rosewood Hotel at Half Moon Bay is a joint project between OBMI, the Caribbean’s preeminent architects, and Studio Piet Boon, an Amsterdam-based design firm with a high profile in the Caribbean ultra-luxury space. The vision is inspired by layering the sensibilities of traditional Caribbean architecture with a modern and distinctly environmental aesthetic.
Applicants can invest US$1.5 million in order to establish a business. Two or more applicants may make a joint business investment with an individual threshold of at least US$400,000 and a total investment of at least US$5 million.
For an investment of US$150,000, a family of six (6) is eligible to apply for citizenship. The investment amount includes processing and government fees, however customary due thoroughness fees do apply for each dependent. Dependents can include children below 30 years