Antigua and Barbuda, a beautiful island nation located in the Caribbean Sea. Since 2013, the country has launched the Citizenship by Investment Program, which provides a fast-track path to citizenship for global investors.
Recently, Antigua and Barbuda released the latest data report for the Citizenship by Investment Program for the first half of 2024.
01
Overview of application data
The report shows that Antigua and Barbuda's Citizenship by Investment Program for the first half of 2024 has had an outstanding year.
In just six months, the program has received 739 applications, a figure that has already surpassed the annual total for any previous year and represents an 8% increase over the full year of 2023.
Going back to 2023, the scheme has seen 685 applications, a 40% increase on the 489 applications received in 2022, which further highlights that the scheme's popularity is increasing year on year.
The scheme consists of two investment avenues: donations to the NDF and real estate investments.
In the first half of 2024, 82.68% of applicants opted for NDF donations, while the remaining 14.61% chose real estate investments.
In addition, since the program's inception, the cumulative number of applicants who chose the NDF has reached 4,023, or 77.32% of the total number of applicants, compared to the percentage of applicants who chose real estate investment, which has remained stable at 14.72%, or a total of 766 applicants.
02
Chinese remain the largest applicant group
Chinese investors continue to dominate the applicant pool.
In the first half of 2024, Chinese investors topped the application list with 12%, followed by US investors with 11%, followed by Nigerian investors with 9%.
From the program's inception to date, Chinese investors accounted for a whopping 21.47% of applications, far outpacing other countries such as Nigeria (9.53%), Lebanon (6.57%) and the United States (6.67%).
03
Antigua Passport Program Advantages
Antigua and Barbuda's investment and naturalization program is a convenient way for investors to obtain a Commonwealth passport quickly.
According to the bill, the applicant is 18 years of age, and contribute to the National Development Fund of 230,000 U.S. dollars (plus a government fee of 30,000 U.S. dollars, for a family of up to four people) or invest in real estate valued at 325,000 U.S. dollars (plus a government fee of 30,000 U.S. dollars, and can not be sold within five years), can be obtained full citizenship, including a passport and the right to permanent residence in Antigua & Barbuda, as well as the right to work.
Advantages of the program include:
★ Low application threshold: no language, education, source of funds requirements, and no residency requirements, no need to land declared.
★ Cost-effective: first approved and then invested, after approval, the whole family can get a Commonwealth passport in one step.
★ High passport content: visa-free for more than 160 countries and regions, including Commonwealth countries, European Schengen countries and other countries and regions.
★ Asset allocation: Antigua and Barbuda is not a global tax, no personal income tax, no capital gains tax, no inheritance tax and gift tax, which is conducive to wealth planning and diversification of asset portfolio.
★ Educational advantages: children can enjoy free British education, receive internationalized education, low scores in key domestic colleges and universities.
★ Vacation paradise: selected as one of the world's top ten tourist destinations, is the European and American politicians and celebrities vacation resort.
In summary, Antigua and Barbuda's investment citizenship program has become the choice of more and more investors with its unique advantages.
If you are interested in applying for this program, welcome to contact Nebula Sea International, we will provide you with customized and exclusive services.
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