Owning a second citizenship is turning into something more than just having a second passport. For many wealthy individuals, having a second or even a third passport is a “must” for travel purposes. For some, it is also a status symbol, like investing in a luxury item. But for others, it might represent the possibility to fly away from war or a region in conflict.
The truth is that the reasons to obtain a second passport in the world scenario and the COVID-19 pandemic are numerous nowadays.
What Investors Contemplate First
When applying for citizenship by investment, you need to identify the program that meets your expectations and sufficient funds to make it a reality. It’s vital also that you know from first hand the experience from other successful applicants and the experience they had with their government-approved agent.
Antigua & Barbuda is unquestionably one of the citizenship by investment programs that appeals to investors the most when it comes to citizenship applications for large families. It’s the only Caribbean passport program that allows you to include families of 4 members with a minimum investment of USD 100,000 plus fees.
According to the Economic Commission for Latin America and Caribbean‘s (ECLAC) Preliminary Overview of Latin America and the Caribbean, Antigua & Barbuda was the third-fastest growing economy in the region in 2019 with 6,2% growth. Only the Commonwealth of Dominica and Anguilla had more growth than the twin islands. Antigua & Barbuda is also in the top 3 of fastest-growing economies in the region in 2019.
At Savory & Partners, we have processed an important number of family applications from the Middle East for Antigua & Barbuda Citizenship by Investment Program, so we gathered some of the most frequent questions investors have before submitting their citizenship application:
Why did Antigua and Barbuda create its own citizenship by investment program?
The program was created and introduced to attract real estate development and boost economic growth while increasing foreign direct investment to the twin-island and supporting the development of infrastructure.
What is the processing time to obtain my Antigua & Barbuda passport?
Processing your citizenship application takes from 4 to 6 months.
How many visa-free and visa-on-arrival countries can I travel to as an Antigua and Barbuda passport holder?
You can travel to 165 countries without requiring a visa, including the Schengen States, the UK, Switzerland, Hong Kong, Singapore & most British Commonwealth member countries.
The Antigua & Barbuda passport is also one of the strongest in the organisation of Eastern Caribbean States (OECS) thanks to the recent visa-waiver agreements with nations such as the United Arab Emirates, India and Russia.
Do I have to speak English to be eligible for Antigua and Barbuda citizenship by investment program?
You don’t need to speak English to be eligible and proceed with your citizenship application.
Who can apply for Antigua & Barbuda Citizenship by Investment Program?
To apply for the citizenship by investment program of Antigua and Barbuda, you must be at least 18 of age, be of a good character with no criminal record and have good health.
Who can be included in my citizenship application?
You can add qualified members of your family in the same citizenship application or add them after you have obtained your citizenship for an additional fee. An eligible family member can be a child not older than 18 years, a child up to 28 years old that is currently enrolled in an educational institution, a spouse, and parents above the age of 58.
What happens once my citizenship application has been accepted?
A citizenship certificate and passport are issued in your name. You can pick it up at our offices, or we can forward your passport(s) and citizenship certificate to your residence for your convenience.
How do you conduct the due diligence and vetting of the applicants?
Even though there are no interviews, all applicants undergo strict and rigorous screening before consideration by the citizenship by investment unit. Once we have gathered all the necessary documentation, a detailed background check is conducted before any approval.
Do I need to travel to Antigua & Barbuda to complete the citizenship application process?
You can submit your citizenship application from the convenience of your home. Once your citizenship application has been approved and you have received your passport, you need to travel to Antigua & Barbuda to take your oath or affirmation of allegiance.
Does Antigua & Barbuda recognise dual citizenship?
Yes, it does. There is no need to renounce your current citizenship(s) as there are no restrictions on dual citizenship in Antigua & Barbuda.
For how many years will my passport be valid for?
Your Antigua & Barbuda passport will be valid for a period of 5 years and is renewable for a period of 10 years thereafter, provided that you meet the requirements, which includes spending a minimum of 5 days in the country during this period after becoming a citizen. This requirement could be satisfied all at once or in parts.
With Antigua & Barbuda Citizenship by Investment Program, you can offer your family the privilege of freedom of movement and peace of mind in today’s ever-changing world. Secure your future and the future of the ones you love with a second citizenship and passport.
Please book a free consultation today to speak with one of our authorized agents and learn more about the Citizenship, Residency or Immigrant by Investment program options we have to offer.
We are available on every channel convenient for you.