citizenship by investment antigua & barbuda...quick facts about antigua & barbuda a favorite...
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Jane Katkova & Associates Global Mobility Solutions
Your Speedy Gateway To The World
Antigua & Barbuda
CITIZENSHIP BY INVESTMENT
Jane Katkova & Associates
presents
Citizenship-by-Investment Program
by the government of
With some 365 beaches of clean turquoise waters, the lush tropical islands of Antigua and Barbuda are an inviting paradise and considered to be one of the most beautiful places in the world. As a result, tourism is the key driver of Gross Domestic Product (GDP) and generates around 60% of the island’s income, with key target markets being the U.S., Canada and Europe.
WHY CHOOSE ANTIGUA & BARBUDA?The Antigua & Barbuda passport is very well regarded and has excellent reputation providing
its holders the following prime benefits:
• Fast processing within 3-4 months;
• Inclusion of dependent children under 25 years of age;
• Inclusion of dependent parents, 65+ years of age;
• No requirements to travel to Antigua & Barbuda during the application process;
• No interview, no education or managerial experience required;
• No physical residency requirements;
• No tax on worldwide income;
• Visa-free travel to over 130 countries, including the UK, Canada, Schengen Zone and Hong
Kong (see Appendix A);
• Antigua & Barbuda recognizes dual citizenship, therefore you can still benefit from your
current citizenship status;
• No language requirement.
Global Mobility Solutions
ANTIGUA & BARBUDA
Jane Katkova & AssociatesGlobal Migration Solutions
Jane Katkova & AssociatesGlobal Mobility Solutions
Contact us for more information at
(416) 661 4487 [email protected]
CITIZENSHIP-BY-DONATION PROGRAM
CONTRIBUTION TO
NATIONAL DEVELOPMENT FUND
Investors who make a non refundable contribution/investment to the National Development Fund established by the Government of Antigua & Barbuda will benefit by obtaining a second citizenship. The NDF is a non-profit foundation established for the purpose of supporting enterprises developing significant innovations through the provision of long term committed share capital, public/private partnerships, specific governmental projects and charitable investments in non-profit organizations which deliver services in healthcare, education, environmental management, youth development or the promotion of sport and culture.
FINANCIAL DETAILS OF THE PROGRAM
• Non-refundable amount of investment $200.000
• The average total fees, including: 1. application
2. due diligence ≈$180.000 *based on the family of four
3. legal• Total average cost of the program ≈$380.000
The passport will be valid for a period of five years and is renewable, provided that the requirements for renewal are met, including the residency requirements.
Deprivation of citizenship may occur if the citizen does not spend at least 5 days in Antigua and Barbuda during the period of five calendar years after having obtained citizenship and they will not be entitled to repayment of any investment, contribution or purchase price made by them in their original application for citizenship.
Jane Katkova & AssociatesGlobal Migration Solutions
Jane Katkova & AssociatesGlobal Mobility Solutions
Contact us for more information at
(416) 661 4487 [email protected]
MOUNT CINNAMON INVESTMENT PROJECT
Antigua and Barbuda has a long-standing history of providing luxury tourism, attracting around 45,000 visitors by private yacht every year.
The highly developed tourism industry in Antigua and Barbuda makes the twin-islands a good destination for investors wishing to gain citizenship through a real estate investment.
The property purchased must equal a minimum of US$ 400,000 in a pre-approved real estate development area. The investment must be maintained for a minimum of 5 years.
CALLALOO CAYLUXURY SUITES
Callaloo Cay is a unique luxury multi-resort project, developed in partnership with the government by an international team of world class developers and investors. This exclusive resort sits on 36 acres of prime beach-front and will offer first class facilities that cater to discerning clients. Under the Redeemable Preferred Share Offer offered by the resort, investors renounce the capital appreciation in exchange for a guaranteed return on investment after the mandatory 5 year “hold” period.
FINANCIAL DETAILS OF THE PROJECT
• Amount of investment $400.000 • The average total fees, including: 1. application 2. due diligence ≈$180.000 *based on the family of four
3. legal• Total average cost of the program ≈$580.000
REAL ESTATE INVESTMENT
Jane Katkova & AssociatesGlobal Migration Solutions
Jane Katkova & AssociatesGlobal Mobility Solutions
Contact us for more information at
(416) 661 4487 [email protected]
MOUNT CINNAMON INVESTMENT PROJECTBUSINESS INVESTMENT PROGRAM
THERE ARE TWO BUSINESS INVESTMENT OPTIONS:
(1) Individual investment in an approved business of at least US$1,500,000
(2) Joint investment by at least two persons in an approved business totaling at least US$5,000,000 where each applicant individually makes at least US$400,000 investment contribution to the joint business.
Applicants wishing to obtain Antigua Citizenship under Business Investment category must first seek the approval of Antigua & Barbuda Investment Authority for their proposed business investment either in an existing business or a planned business project.
The service sector in Antigua & Barbuda holds large potential for growth, especially in the areas of tourism, medical tourism, off shore education and business process outsourcing. Additional sectors which have room for growth include financial services, information technology, education manufacturing and logistics. Currently, tourism and the financial service sector are the largest sectors of the economy.
FINANCIAL DETAILS OF THE PROJECT
• Amount of investment $1.500.000 • The average total fees, including: 1. application 2. due diligence ≈$200.000 *based on the family of four
3. legal• Total average cost of the program ≈$1.700.000
Jane Katkova & AssociatesGlobal Migration Solutions
Jane Katkova & AssociatesGlobal Mobility Solutions
Contact us for more information at
(416) 661 4487 [email protected]
STEPS AND TIMELINE
The summarized timeline presented below is based on the
required process that needs to be followed by all applicants for
the Citizenship-by-Investment Program in Antigua & Barbuda. The table breaks down the process into three basic steps.
TO QUALIFY
for citizenship in Antigua & Barbuda, applicants need to fulfill one of the investment requirements outlined in the “Investment Options” section, in addition to the following criteria:
• Be of outstanding character;
• Hold no criminal record;
• Have excellent health;
• Have a high personal net worth;
• Reside with your family members included in the application in the country for 5
days minimum within period of 5 years after being granted citizenship.
STEP 1
STEP 2
STEP 3
1 monthFile preparation stage. Jane Katkova & Associate issues pre-approval letter. Due diligence and advisory fees are due at this step.
1 monthSubmission of Citizenship Application.
1 month
Submission of Passport Application. Issuance of passport.
“Approved in Principle” letter is issued by the Government’s Citizenship-by-Investment Unit 1 month
STEP 4
STEP 5
STEP 6
Investing in the selected option. Payment of government fees, if applicable.
Naturalization certificate is issued.
Jane Katkova & AssociatesGlobal Migration Solutions
Jane Katkova & AssociatesGlobal Mobility Solutions
Contact us for more information at
(416) 661 4487 [email protected]
APPENDIX A
QUICK FACTS ABOUT ANTIGUA & BARBUDA
A favorite of European royalty, the English-speaking twin-island nation of Antigua & Barbuda has hosted the world’s
privileged for generations, with its laid-back elegance, turquoise waters, luxury yachts and celebrity residents.
• Excellent capital growth potential;
• A member of the OECS Countries and part of the wider Caribbean;
• Vastly unexplored;
• Provides numerous investment opportunities;
• 98 % literacy rate;
• Popular tourist destination.
SCHENGEN TERRITORIES Anguilla Guyana Saint Kitts and Nevis1. Austria Aruba Haiti St Lucia2. Belgium Armenia* Honduras Saint Vincent & the
Grenadines3. Czech Republic Austria Hong KongSaint Vincent & the Grenadines
4. Denmark Azerbaijan* Hungary Samoa*5. Estonia Bahamas Iceland Sao Tome and Principe*6. Finland Bangladesh* Iraq* Seychelles*7. France Barbados Ireland Singapore8. Germany Belarus* Jamaica Solomon Islands*9. Greece Belize Jordan* South Africa10. Hungary Bermuda Kenya* South Korea11. Iceland Botswana Kiribati Suriname12. Italy British Virgin Islands Kosovo Tanzania*13. Latvia Bulgaria Laos* Togo*14. Lithuania Cambodia* Lebanon* Trinidad and Tobago15. Luxembourg Canada Lesotho Tunisia16. Malta Cayman Islands Liechtenstein Turkey*17. Netherlands Chile Lithuania Turks and Caicos Islands18. Norway Colombia Macau* Tuvalu*19. Poland Comoros* Madagascar* Uganda20. Portugal Cook Islands Malawi United Kingdom21. Slovakia Costa Rica Malaysia Vanuatu22. Slovenia Cuba Maldives Vatican City23. Spain Czech Republic Malta Venezuela24. Sweden Denmark Mauritius Zambia25. Switzerland Djibouti* Micronesia Zimbabwe26. Liechtenstein Dominican Republic Monaco
* - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.
East Timor* Montserrat* - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.
Ecuador Mozambique* * - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.
Egypt* Nauru*
* - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.
El Salvador Nepal*
* - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.
Estonia Netherlands Antilles
* - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.
Fiji Nicaragua
* - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.
Finland Niue
* - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.
Georgia Palau*
* - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.Gibraltar Panama
* - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.
Grenada Peru
* - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.
Guatemala Philippines
* - Countries that require visa stamped on arrival
The list of countries is subject to variations depending on each
government’s policy and so is access to these countries.
Jane Katkova & AssociatesGlobal Migration Solutions
Jane Katkova & AssociatesGlobal Mobility Solutions
Contact us for more information at
(416) 661 4487 [email protected]
Jane Katkova & Associates Global Mobility Solutions