Incredible Antiguan Citizenship Investment Opportunities for Dubai Residents
Antigua’s incredible lifestyle is desired the world over; there are its stunning turquoise seas, picturesque beaches, and laid-back living. It’s definitely one of the world’s most relaxed and romantic locations as well. So, it’s no wonder that it’s a firm favorite with Dubai residents looking for the perfect getaway.
But, did you know that Antigua needn’t just be a holiday destination? This Caribbean island nation offers citizenship through investment opportunities to passport holders of many nationalities across the world.
Aside from the island’s beauty, tropical climate and magical atmosphere, there are some really excellent investment options available, too. Citizenship in Antigua is available to business or property investors or by donation to government funds.
Thinking of getting a second home overseas, and a second citizenship? To help you with your decision, here are reasons why Antigua could be the perfect place for a lifestyle relocation, business opportunity, and second citizenship:
Enjoy the Benefits of an Antiguan Passport
With an Antiguan passport, you can easily travel visa-free or get a visa-on-arrival for travel to around 150 jurisdictions globally. This may mean greater freedom to travel for yourself.
As well as this, you can also benefit from your home nation passport too, as an Antiguan passport allows for dual citizenship. Many people enjoy the security that an Antiguan dual citizenship could bring to their family in the event of a change of political situation, for instance, in their home country. Antigua is a stable and democratic nation so it is a sensible choice for those looking for a secure location.
Antiguan citizenship requires just a one-time five-day visit any time in the first five years of citizenship. Other than this, you may come and go as you please as an Antiguan resident.
Citizenship benefits can be extended to your family. As well as your children and spouse, it is possible to include your parents in your application (although minimum and maximum age restrictions apply to dependents).
Invest in Exciting Opportunities
For Dubai residents looking to extend an investment portfolio either in the city or overseas, Antigua makes for an interesting option.
Antigua has been undergoing much modernization over recent years; its new international airport is of particular note as it makes air travel to and from the island much more convenient. In fact, they already have daily direct international flights to major cities including London, New York, Toronto and Miami.
There are some interesting tourism developments and visitor numbers have been increasing as well. It’s an exciting time to be taking up business opportunities on this Caribbean island in a variety of sectors.
The property market offers strong investment opportunities, too. Plenty of construction continues to feed a market buoyant with interest from international investors and developers.
To qualify for citizenship by investment, you need to invest in an approved business or property.
Make a Prudent Choice in Tax Planning
Antigua does not levy worldwide income tax, capital gains tax or inheritance tax. This makes a second citizenship in Antigua a wise choice for those looking for wealth management options.
If you choose to become a full-time resident you are required to spend a minimum of 180 days per year on the islands, and there may be restrictions on the amount of time you can spend in your home country. Keep in mind that it is important to take professional tax advice both in Antigua and in your home country prior to making a switch.
You Could Enjoy an Island Paradise Home
One of the greatest benefits of a second citizenship in Antigua is the island itself; it’s simply a stunning place to call home.
For a start, there are hundreds of beaches, all with pristine sand and warm waters. The island’s coastline also features beautiful lagoons and pretty natural harbors.
It’s also the perfect spot to indulge in your favorite pastimes; sailing, diving, hiking, yoga, rugby, tennis, cricket and golf are all popular pursuits here. The tropical climate makes it easy to get out in the fresh air all year round so that you can enjoy a healthy lifestyle.
There are also ample opportunities to enjoy excellent local cuisine and a vibrant nightlife once the sun goes down.
Take Advantage of a Fast Application Process
Antigua is very welcoming to citizenship applications and has streamlined its process to aid potential investors. Aside from business or property investment, you may also apply by offering a donation to a government fund. All these options are available through the Citizenship By Investment Program, which has been running since 2013.
The application process is straightforward: there are medical and background checks to pass but, despite this, applications are usually processed within three months and rarely require an in-person interview.
From the UAE to the Caribbean
For Dubai residents looking for secure wealth management options and good investment opportunities in a politically stable nation, Antigua makes a great choice.
These benefits, combined with the benefits of an Antiguan passport, offer both security and freedom.
When you consider the island’s incredible natural beauty, too, it certainly equals an amazing citizenship opportunity.
AUTHOR BIO
Kal Kennard is a Partner at Citizens International, a white-glove specialist firm offering private client services necessary for citizenship investment into the Caribbean. Based in the Caribbean for the past 15 years, she is an experienced consultant who works directly with many professional partners and advises clients worldwide.
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