Benefits of Acquiring a Secondary Citizenship in Antigua and Barbuda

Known for its tropical beaches, unique wildlife and laid-back lifestyle, the sunny paradise of Antigua and Barbuda is truly a Caribbean gem. The country consists of two major islands, from which it takes its official name. A series of minor islands complement these two major islands. The country has a population of only over 100,000 people spread across its islands. However, the nation’s government has been making a conscious effort to boost that number. This has been done through a series of incentives intended to encourage foreign investors and perpetual travelers to purse secondary citizenship in the country. But why should you take advantage of such incentives?

True Tropical Charm

Who hasn’t dreamed of fleeing the never-ending madness of their hectic day-to-day schedule and seeking refuge on a tropical island? On Antigua and Barbuda, you can do just that. With the charm of the Caribbean in full effect, summers on Antigua and Barbuda can get as hot as 35 degrees Celsius. Even in the winter, temperatures on its islands rarely drop below 25 degrees.

From an economic standpoint, Antigua and Barbuda boast a GDP of about 18,500 USD per capita. This ranks among the highest GDP rates in the entire Caribbean. In total, the country enjoys a GDP of a staggering USD 1.5 billion.

More than 50% of the country’s economy is centered around tourism. However, efforts have been made to lessen this reliance on the service industry by giving extra attention to the nation’s transport, financial, and manufacturing sectors. For non-natives who work in those fields, this further increases the appeal of Antigua and Barbuda.

How to Acquire Secondary Citizenship

The country’s CBI scheme allows foreign investors to secure a second passport via a donation to the NDF. With a donation of USD 100,000 up to four individuals can reap the benefits of this program. For more than four people, investors will need to contribute a sum of USD 125,000.

Another way to acquire citizenship in the country is to make a USD 5 million investment in any of the country’s businesses. Large parties attempting to obtain the second passport via this route must contribute a minimum of USD 400,000 each. Similarly, an individual can ensure Antigua citizenship by investment that same amount in local real estate.

As convenient as they are, CBI programs are not always easy to navigate, especially if you currently hold a weak passport. If you need to move to Antigua from the UAE, we suggest consulting a second citizenship agency. With professional assistance, you can be virtually certain your application will be successful.

Source: passpro.co