You can select one of the following three options:
1. National Development Fund
A one-time (non-refundable) contribution of US$ 200 000 to the National Development Fund of Antigua and Barbuda is required. This fund was created by the Finance Administration Act of 2006 to fund government sponsored projects, including PPPs and other approved charitable investments. The above mentioned amount covers the applicant’s spouse and dependants.
2. Real Estate Investment
Under this option only approved projects enable applicants to qualify to obtain citizenship. The minimum investment is US$ 400 000 in a designated and approved area. This option allows for two or more applicants who have concluded sale and purchase agreements with the developer and can demonstrate that they possess the financial means to develop the project to qualify. The applicants can also hold the beneficial ownership rights to the real estate through a non-profit company. The applicant should be the shareholder of the company, which is not an offshore entity under the law of Antigua and Barbuda.
Applicants who sell the real estate or the shares in the company owning the real estate will lose their citizenship and be permanently disqualified from future participation in the programme, unless:
- The Cabinet of Ministers provides exemption to the applicant for good and sufficient reason, or
- Where, at the same time as of disposing the real estate or share, they purchase another approved project or beneficial interest in a similar company for at least US$ 400 000, or
- The applicants make another kind of investment i.e. National Development Fund or business investment
3. Business Investment
Only approved projects enable applicants to qualify to obtain citizenship. Before embarking on this option, applicants should consult with the Antigua and Barbuda Investment Authority for approval of the investment. The minimum amount required is US$ 1 500 000 for a single applicant, or where there are at least two persons who propose to make a joint investment the amount should be at least US$ 5 000 000.