The English-speaking twin-islandnation of Antigua & Barbuda has hosted the world’s privileged forgenerations, with its laidback elegance, turquoise waters, luxury yachts andcelebrity residents.
The island, independent memberstate of the British Commonwealth, is steeped in history and offers year-roundwarm temperatures, and magnificent nature and wildlife.
Antigua is the hub of luxuryyachting and competitive sailing in the eastern Caribbean, and the winterseason is full of events and celebrations as over 1 million people visit theisland each year.
It also enjoys daily direct airaccess from Europe and North America through the region’s newest internationalairport. Since the advent of the Antigua citizenship investment program in 2014the nation truly has become a cross-roads for the world’s wealthy and elite.
The Permanent Residency Programof Antigua & Barbuda was introduced in 1995 to encourage wealthyindividuals to establish Antigua permanent residency making you a tax resident.As a low tax, offshore jurisdiction free from personal income tax, capitalgains tax, inheritance tax and wealth tax, it offers a wide range ofopportunities as part of a wealth protection strategy.
To become a permanent resident ofAntigua & Barbuda, an individual is required to:
· Maintain a permanent place of abode in Antigua &Barbuda (either leased or purchased)
· Spend a minimum of 30 days per year in Antigua &Barbuda
· Annual income must exceed US$100,000
· Pay annual levy of US$20,000
Successful applicants will beissued a Certificate of Registration of Permanent Residency, and a TaxIdentification Number.
The timelines for Antigua &Barbuda Permanent Residency Program is 1 to 3 months.
In addition to the PermanentResidency, there is even the opportunity to become a citizen of Antigua &Barbuda.
The Advantages of the Antigua& Barbuda Citizenship Program are:
• Visa-freetravel to 134 countries including, the U. K., Switzerland, the European Unioncountries including all 28 Schengen states and most other British Commonwealthcountries
• Dualand lifetime citizenship for you and eligible family members
• Taxadvantages – Antigua & Barbuda has no capital gain or estate taxes; incomegenerated outside of the country is not taxed
• Minimalresidency – one 5-day visit required in the first 5 years after citizenshipgranted. No visit required before or during application.
• Lifestyle– new citizens can spend as much time in Antigua & Barbuda as they wish.The nation offers a stress-free lifestyle in one of the most comfortableclimates in the world
• TheAntigua & Barbuda Program is one of the most highly anticipated for itsflexibility and value but also for the opportunity to become a citizen of oneof the world’s top international destinations.
Investment Opportunities are:
• Donationto the National Development Fund - Wealthy individuals can make anon-refundable charitable donation of at least US$ 100,000 to the NationalDevelopment Fund in order to qualify for citizenship program
• Purchaseof real estate in an Approved Project - The purchase of a min. US$ 400,000approved real estate property will qualify an applicant and their family toapply for citizenship. The investment must be maintained for at least fiveyears, and can be resold thereafter. A share of a property with min. value US$200,000 will qualify
• Businessinvestment - Applicants may invest US$ 1.5 million to establish a business. Twoor more applicants may make a joint business investment with an individualthreshold of at least US$ 400,000 and a total investment of at least US$ 5million.
Source: Citizens International
