Alternative Citizenship Made Possible By Investment Program Listed For Russian Nationals

Antigua Second Passport – Previously the “go-to” for many seeking second citizenship, Antigua has been replaced by Vanuatu as the leading citizenship by investment program for those residing in Asian locations such as Phuket, Thailand.

Unlocking a realm of possibilities with multiple citizenship and a second passport can grant individuals unparalleled freedom for global travel, work endeavors, and new residential horizons.

Nestled in the vibrant and captivating realm of the Caribbean, the nation of Antigua and Barbuda presents a joint investment and an exclusive avenue to obtaining a second citizenship and acquiring a second passport through its esteemed Citizenship by Investment Program.

This innovative initiative offers prospective applicants the chance to attain citizenship by substantially contributing to the country’s thriving economy.

This article will explore the advantages, prerequisites, and procedural insights for obtaining an Antigua and Barbuda citizenship and passport.

Important Note for Russian Nationals:

As of now, the Antigua and Baruba Citizenship by Investment Program has ceased to accept applications from Russian nationals.

However, we are excited to introduce an alternative solution through the country of Vanuatu and an investment citizenship system. For further information, either proceed to the end section or continue reading.

 

Why Choose Antigua and Barbuda for a Second Passport?

Antigua and Barbuda has become an attractive destination of the Caribbean community for those seeking citizenship and a second passport.

There are numerous advantages, and here are the key investment program offers:

1. Visa-free travel

With an Antigua and Barbuda passport, individuals can access over 150 countries, including the United Kingdom, European Union member states, and many others, without needing a visa. This privilege of visa free access significantly enhances global mobility, business investment opportunities and real estate investment.

Imagine being able to travel visa free and explore new markets without the hassle of visa applications.

2. Investment opportunities

The Antigua and Barbuda Citizenship by Investment Program offers a variety of investment options, providing individuals with the flexibility to choose an investment that aligns with their financial goals and interests. These options include real estate investment, business investment options, or donating to the National Development Fund NDF.

By investing in Antigua and Barbuda, applicants not only benefit from economic ties and contribute to the country’s economic growth but also have the potential to generate returns on their investments.

3. Family-friendly

One of the most appealing aspects of the Antigua and Barbuda second passport is that it covers family members, including spouses, dependent children, and adult dependents such as parents and grandparents. This means that individuals can secure a brighter future for their loved ones and provide them with better educational and healthcare opportunities.

Imagine the peace of mind that comes with knowing that your family has access to quality education and healthcare in the beautiful Caribbean community.

4. Tax benefits

Antigua and Barbuda does not impose personal income tax on worldwide income, making it an attractive destination for individuals seeking to optimize their tax planning and wealth management strategies.

Individuals can take advantage of the favorable tax regime and potentially reduce their tax burden by obtaining Antigua and Barbuda citizenship. This can lead to significant savings and financial advantages.

Basic Requirements for Citizenship by Investment

To qualify for the Antigua and Barbuda Citizenship by Investment Program, applicants must meet the following basic requirements:

1. Age requirement

The principal applicant must be at least 18 years old. This ensures that individuals who apply for the program are adults and capable of making informed decisions regarding their investment and citizenship.

2. Good health
Applicants must undergo a thorough medical examination to ensure they are in good health. This requirement is in place to protect the well-being of both the applicant and the citizens of Antigua and Barbuda.
It ensures that individuals who become citizens through the program do not pose a health risk to the nation.

3. Clean criminal record
A comprehensive background check ensures applicants have no criminal record or involvement in fraudulent or illegal activities. This is done to maintain the integrity and security of the nation and its citizens.
It ensures that those who become members of this citizenship program are of good character and have a clean record.

4. Investment options
Applicants are required to make a substantial investment in one of the following options:

    • Contribution to the National Development Fund NDF
      A minimum investment contribution of US$100,000 is required for a single applicant or a family of up to four members. Additional contributions are required for larger families.
      By contributing to the National Development Fund, applicants directly contribute to the development and growth of Antigua and Barbuda.
    • Investment in approved real estate
      Applicants must invest in real estate at a minimum of US$400,000 single ownership or a joint purchase by two applicants of US$200,000 each. The real estate cannot be resold until 5 years after the purchase unless purchasing an alternate officially approved real estate property in Antigua and Barbuda.
      This real estate investment benefits the applicant and contributes to the real estate sector of Antigua and Barbuda, creating jobs and stimulating economic growth.
    • Investment in an approved business
      Applicants must make a minimum investment of US$1.5 million in an approved business to qualify for citizenship. Alternatively, a minimum of 2 persons can make a joint investment in an approved business totaling at least US$5,000,000, with each person contributing at least US$400,000 to the joint investment.
      This option allows individuals to actively participate in the economic development of Antigua and Barbuda by creating businesses and generating employment opportunities.
    • Investment to the University of West Indies Fund UWI Fund
      This option is a mechanism for financing UWI’s fourth campus. Applicants are required to make an investment of US$150,000 for a family of six or more.
      Note: These aforementioned investment options come with additional processing fees.

5. Due diligence fees

Applicants are required to pay due diligence fees, which cover the costs of conducting background checks and processing the application.

These government processing fees ensure that the citizenship application process is thorough and that only qualified individuals are granted citizenship.

The Process of Obtaining an Antigua Second Passport

Obtaining Antigua and Barbuda citizenship and a second passport involves several steps, ensuring that the process is transparent and follows legal requirements. The steps include:

1. Engaging a reputable agent

It is advisable to engage the services of a licensed and experienced agent specializing in an Antigua and Barbuda citizenship by investment program.

A reputable agent will guide applicants through the process, ensuring compliance with all requirements and regulations for obtaining citizenship.

They will provide expert advice and assistance to make the journey towards obtaining an Antigua and Barbuda second passport smoother and more efficient.

2. Application submission

Once applicants have selected their agent, the agent will assist them in preparing and submitting the necessary documents. These documents include a completed application form, supporting identification documents, investment details, and proof of funds.

By providing accurate and complete documentation, applicants increase their chances of a successful citizenship application.

3. Background checks and due diligence

The government of Antigua and Barbuda conducts comprehensive background checks on all applicants to ensure they meet the program’s requirements.

This includes verifying applicants’ personal and financial histories.

The due diligence process is in place to maintain the integrity and security of the nation and its citizens.

4. Investment confirmation

Once the due diligence process is completed successfully, applicants will receive an investment confirmation letter from the Citizenship by Investment Unit.

This letter indicates that their application has been approved, and they can proceed with the chosen investment option.

The investment confirmation letter provides peace of mind and confirmation that the applicant’s Antigua and Barbuda citizenship program journey is progressing positively.

5. Oath of Allegiance

After the investment is made, applicants are required to take the Oath of Allegiance. This can be done in Antigua and Barbuda or at an embassy or consulate.

The Oath of Allegiance signifies the commitment to Antigua and Barbuda and its values.

It is a symbolic and essential step in obtaining Antigua and Barbuda citizenship.

6. Passport issuance

Upon completing all necessary steps and paying the required fees, applicants will receive their Antigua and Barbuda passport.
The passport provides them all the privileges and benefits of citizenship, including visa free travel, investment opportunities, and tax benefits.

It opens doors to a world of possibilities and opportunities.

Antigua second passportTemporary Suspension of Antigua & Barbuda Citizenship by Investment Program for Russian and Belarussian Nationals: Recent Developments and Commitment to Transparency

Antigua & Barbuda’s Citizenship by Investment Program Update

In a recent communication disseminated to authorized agents by the Citizenship by Investment Unit of Antigua & Barbuda, a significant development was unveiled. Effective from July 28, 2022, a decision was made to suspend the acceptance and processing of applications from Russian and Belarussian nationals under the Antigua & Barbuda Citizenship by Investment Program. This decision stands, despite the prior policy adjustment by the citizenship unit that had led to the re-opening of the program subsequent to its initial suspension on July 8, 2022.

The statement released by the Citizenship by Investment Unit emphasizes the unwavering commitment to upholding the citizenship program’s principles of transparency and integrity while honoring international obligations.

Constraints for Russian Nationals

Currently, the opportunity for Russian nationals to seek citizenship in Antigua & Barbuda remains constrained due to the challenge of conducting thorough due diligence investigations on potential applicants.

Exploring a Superior Alternative: Vanuatu as the Prime Choice for a Second Passport

As the landscape of citizenship opportunities evolves, an exceptional alternative beckons – Vanuatu, the prime contender for those seeking a new realm of global possibilities.

With recent developments impacting the Antigua & Barbuda Citizenship by Investment Program, Vanuatu emerges as the optimal choice for securing a second passport.

Vanuatu’s Citizenship by Investment Program offers a seamless avenue to acquire a second passport, unfettered by the recent constraints witnessed elsewhere.

Boasting a streamlined process and a commitment to ensuring applicants’ needs are met, Vanuatu’s program stands out as an exemplar of efficiency and accessibility.

This commitment to excellence extends to the program’s dedication to transparency, security, and international obligations.

With a track record of due diligence investigations that inspire confidence, Vanuatu provides a secure path to acquiring citizenship.

Seize the opportunity presented by Vanuatu’s Citizenship by Investment Program – a gateway to a world of unparalleled advantages, unhindered by recent limitations.

Embark on a journey towards dual citizenship and a second passport that embodies transparency, security, and boundless potential.

To learn more about the process and requirements, click here.

 

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Category / Vanuatu Citizenship

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