Make an investment and get a 2nd passport of Barbuda and Antigua (CBI). It will allow accessing a wide range of wonderful opportunities. In particular, Antigua and Barbuda citizenship is beneficial for business owners who wish to take advantage of a local favorable taxation system. Learn more helpful information on this topic by reading this article.
The Initial Information on the Citizenship by Investment Program
Wealthy people can opt for Antigua and Barbuda passports by investment. This means that they need to invest some of their money in the development of the local economy. The investment must be made strictly according to the requirements.
The experts of Immigrant Invest have given some historical background on this program (follow the link), so check it out if you are interested.
How to Get Antigua and Barbuda Passport
Making a required passport investment is a core condition. There are different types of investment that you can consider, such as:
- Donation
- Buying property
- Investment in business
Each of those options comes with certain requirements, and they are different in the amounts required. For example, those willing to invest in the local business will need to expect to spend at least $430,000. It can be a profitable option, so, in essence, it does not mean that applicants will just need to give their money away.
The citizenship by investment program also includes an option to make a non-profitable contribution. It depends on the type of donation. For example, those who are willing to donate to the state fund will need to make it in the amount of at least $130,000. It is the cheapest option provided under this program.
Buying property is also a good option because it allows possessing the funds that you actually spend. Among the essential conditions applied to this option is the prohibition on selling the purchased objects within the next five years.
The full information on the costs of the program, including processing fees, has been provided by the specialists of Immigrant Invest – https://immigrantinvest.com/blog/antigua-and-barbuda-cost-of-passport-en/.
Amazing Antigua and Barbuda Passport Benefits
There are multiple benefits that people can enjoy thanks to applying to the passport program. The core ones include:
- A quick application procedure that lasts for up to four months.
- An opportunity to include dependent family members, such as children and parents.
- No need to visit the location during the application procedure.
- No special requirement for education or work.
- A possibility to travel to over 130 countries, such as Singapore, the UK, Hong Kong, and others.
- The absence of taxes on worldwide income.
- Each applicant needs to consider the benefits of investment citizenship based on the individual situation. Specialists will be able to provide the necessary help for making the right decision.
Additional Requirements
The program that allows obtaining Antigua and Barbuda passport by investment also comes with other essential requirements. Among others, they include:
- Having a clean criminal record
- Possessing a good character
Conclusion
Getting a passport of Antigua and Barbuda provides multiple opportunities for its holders. In particular, they can take advantage of a favorable taxation system, enjoy great travel opportunities, and more. While it is possible to read clear instructions, it is highly recommended to opt for professional help. Specialists would help in making the right decision to avoid any hassle and mistakes during the application process.
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