Obtaining second citizenship to start a new life
A number of nations now offer citizenship through Government approved property investment. International Property & Travel magazine has launched International Property Citizenship Services and teamed up with the experts to highlight what countries are offering people this opportunity. In this issue we explore the delights of Antigua and what is on offer.
The idea of gaining citizenship in another country is not new and the number of countries offering second citizenship is growing every year. These government approved programmes give people the chance to relocate to a part of the world that offers them a new life in a country with political stability, better personal security and the opportunity to enjoy a more peaceful existence.
This service offered by the magazine provides free advice from experienced international professionals throughout the entire process of obtaining a Caribbean second citizenship through a Citizenship Investment Program (CIP). We have also linked with professionals based in Asia, Europe, and the Americas who are available for a free consultation and to guide investors through the procedures involved.
The team working with International Property Citizenship Services has processed over 300 clients in countries around the world through citizenship programs in the Caribbean, and also North America and Europe. With a fully staffed office of international professionals based in Antigua and representatives in the other Caribbean CIP islands, International Property Citizenship Services provides the Licensed Agents and Authorized Representatives required by the West Indies governments for the citizenship investment promotion and processing.
Named as one of the top billionaire playgrounds by Forbes magazine, Antigua, one of the Leeward Islands located in the West Indies, is home to numerous celebrities, captains of industry and a favourite of elite travellers. The island, a 9 × 12-mile stretch of hills with a jagged coastline, claims famous residents and visitors such as Eric Clapton and Oprah Winfrey and is known for multi-millionaire manors like the Mellon estate at the exclusive Mill Reef Club.
Benefits and requirements:
Antigua and Barbuda’s Citizenship by Investment Program entitles investors to
a second passport. This offers visa-free travel to more than 130 countries including the UK, EU Schengen zone, Hong Kong
and Switzerland via the following investment options:
• $100,000 in the National Development Fund (NDF). This is the most popular route to citizenship. For a family of five, the minimum investment is $125,000. This donation amount is due to almost double on October 31st 2018 to $200,000.
• $400,000 in a real estate project approved by the government. Applicants need to own the property for a minimum of five years to retain their Antiguan nationality.
• $1.5 million in a business project approved by the government. There is also an opportunity for collective investments from $5 million, provided that each investor participates with at least $400,000.
There are fees associated with each program – $25,000 when investing in the NDF and $50,000 when investing in businesses or real estate. Another $15,000 is payable for the fifth and each subsequent family member.
Investors must visit the country for five days after receiving citizenship to renew their passports after five years.
For further information on current Caribbean Citizenship by Investment programs please contact the International Property Citizenship Services department at International Property & Travel magazine.
Call +44 (0)1245 250 981 or email [email protected]