Antigua and Barbuda have one of the most beautiful and numerous beaches in the world. The Caribbean island passport through investment is sought after because of its advantages. Apart from access to most countries visa-free, you also get to enjoy the attractive nature of the country. The country relies on tourism as the primary driver of the economy. Tourists from all over the world are always streaming in to have a view of the amazing beauty of nature. Antigua and Barbuda passport provides an opportunity to enjoy marine sports at any time. Here are some issues you should understand about the program.
Process of Due Diligence and Verification
The good news is that there are no interviews to acquire citizenship through investment in Antigua. However, the process is rigorous to make sure that applicants have fulfilled all the requirements. The aim is to verify the source of income and also make sure that applicants have a clean criminal record with their native country. The thorough process gives a reputation to the program.
Benefits
The passport program scheme has one of the most numerous benefits to individuals, families, as well as companies. Apart from the freedom to access to over most countries without a visa, the program does not restrict dual citizenship. Therefore, you don’t have to renounce your first citizenship. Your future generations are also entitled to citizenship automatically. The passport is irrevocable, and you are entitled to live and work in the country.
The Procedure
The program has very few and basic requirements. One only needs to be above eighteen years and above, have a clean criminal record, prove the source of income, and have good health. The straightforward requirements are easy to fulfill and there are no further interviews. Dependents and parents below/above 29 and 58 years respectively are also eligible for the citizenship. The whole process should take less than six months after you send enquiry.
Investment Plans
The country has a flexible second citizenship program through investment plan. You can either contribute to the national development fund, invest in real estate or business projects. The plans also accommodate single applicants as well as family applications. For NDF contributions, one should part with around $147,800 or $171,200 for single and family applications respectively. The requirement for investment in real estate is around $300,000 for single and joint applicants (spouse and 2 children below 12).
The Validity of The Passport
After application, your passport through investment is valid for a time of 5 years. After the lapse of the period, the citizenship holder can reapply for a further 10 years. There are no charges for subsequent application and the only requirement is living in the country for a period of 5 days. The easy process of reapplication makes citizenship through investment an easy option compared to other plans like marriage or naturalization.