In the Caribbean, Antigua & Barbuda Citizenship by
Investment Program is the newest kind of program. This program has been launched
to allure the investors of good character to make a prominent contribution to
the development of this mesmerizing and captivating twin island state.
The Second
Citizenship by Investment in Dubai program of Antigua Citizenship was launched in
2012 and has received approximately 800 applications. Under this program, 40%
of the applicants are from China and 20% are from the East Middle. The main
contributors to the economic growth of Antigua and Barbuda include
construction, communications, banking, and insurance, and wholesale and retail
trade sectors driven by a construction boom in hotels and housing.
After obtaining Caribbean citizenship
there is little or no residency requirement with no taxation on international
income in the island nations of St Kitts and
Nevis, and Antigua and Barbuda. In Antigua, the lifestyle is very idyllic which
includes a mosaic of cultures, turquoise
waters, international restaurants, and yachting community. For both industry
luminaries and celebrity icons, it’s a favourite vacation spot.
Benefits of having this passport:
- On the repatriation of profits and capital, there is no restriction.
- Dual Citizenship is allowed.
- It passes lifetime citizenship from generation to generation.
- There is no tax on worldwide income. No estates, death, inheritance or capital gains tax.
- Off-shore bank accounts, investments, and companies provide unique opportunities for business and tax planning.
- Antigua is the travel hub of the region with direct flights to London, New York, Miami, Toronto, and Montreal.
- Economically, legally and socially stable country part of the British Commonwealth with a democracy based on the British parliamentary system.
- For Canada and USA, there is Pre-electronic Visa approval.
- 150 Visa-free travel countries including UK, Europe, Hong Kong, Singapore and more
- It is one of the independent countries and the most sought-after destination in the Caribbean.
- It is home to the most technologically advanced hospital in the Caribbean and two American medical universities.
- Under the proposed program, namely personal income tax on worldwide income, net worth tax, gift tax, or estate duty tax, there will be no direct taxes in Antigua and Barbuda for citizens approved.
