Antigua and Barbuda, an independent Commonwealth state in the Caribbean, is often referred to as the "Land of 365 Beaches." The island country is well-known for its pristine, untouched beaches.
Prior to independence from British rule, the main industry in Antigua and Barbuda was sugar cane farming. This lasted nearly 200 years. Tourism became a significant industry for the country after it gained independence in 1981.
Antigua and Barbuda now has a thriving tourism industry. Tourism is expected to be the primary driver of Antigua and Barbuda's GDP, accounting for approximately 60% of the island's income.
After tourism, the next largest job-creating sectors are finance and government.
The citizenship by investment program was launched in order to further support the nation's economy.
The citizenship by investment program was launched in 2013 to help the nation's economy even more. Despite the fact that it is one of the newer Caribbean citizenship by investment programs, it is extremely popular among high-net-worth individuals.
BENEFITS
- Visas are not required for travel to 150 countries, including the Schengen area.
- It is a simple procedure, and you can obtain citizenship in three months.
- There is no worldwide income, wealth, or inheritance tax.
- The time spent in residence is minimal.
- Dual citizenship is legal.
- You can include financially dependent children under the age of 30, as well as parents or grandparents over the age of 55.
ELIGIBILITY CRITERIA
- You should have no criminal record
- You should be in excellent health
- Make donations to the National Development Fund Starting from US$100,000
- Real estate investment in a government-approved property
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