Antigua and Barbuda: Citizenship by investment for foreigners
The islands of Antigua and Barbuda find themselves in the Eastern Caribbean Sea, specifically, forming part of the Lesser Antilles and scattered with idyllic beaches and endless boundaries for adventure. It has to be said, it is no surprise that the region is so popular with expats, and therefore the citizenship by investment scheme available there is certainly an enticing opportunity. If you are unfamiliar with investments such as this, some governments in nations across the globe are looking to foreign citizens with disposable capital for cash injections to development projects, creating a mutually beneficial environment from which stable continuous progress is able to take place in parts of the world where it is necessary and investors are able to obtain their passport in return, opening up access to new opportunities for relocation and work.
First of all, the documentation requested by authorities processing applications varies depending on where you are looking to make your investment. It is for this reason that an understanding of eligibility criteria and documentation specific to your chosen citizenship by investment scheme is key. You will find below this information for Antigua and Barbuda:
· Clean criminal record and police clearance
· Passport copy
· Birth and marriage certificates (2 copies of birth certificate)
All of these must be apostilled and before going any further, the countries that are not permitted to apply under the current regulations are: Afghanistan, Iran, North Korea, Somalia, Yemen and Sudan. However, if you are were born in of one of these countries but have lived overseas for more than 10 years and have no remaining links to a prohibited nation, specifically in terms of economic links, you can apply. This is interesting as although it is not entirely open to the whole world to apply, the exclusion criteria is very minimal and the documentation list is short too, making this opportunity even more exciting.
Your options for investment include:
· Real estate: US$200,000
· Purchase of business: US$1.5 million
· Contribution to development fund: US$100,000