Last Updated At: 05-Oct-2023
Are you also seeking a perfect nation to get a second passport? A place that can offer a serene atmosphere and an option of safe haven in case of turmoil in your home country?
This is where the Antigua and Barbuda passport comes into the picture.
Initiated in 2013, the Antigua and Barbuda passport has been attracting foreign investment for long and has been quite successful since then. Located in the eastern Caribbean, Antigua and Barbuda passport does open the doors to a fantabulous Caribbean paradise.
Endowed with mesmerizing beaches, scrumptious cuisine, and exquisite natural beauty, obtaining an Antigua and Barbuda passport has many other benefits to enjoy.
Let us walk through the immense benefits of obtaining an Antigua and Barbuda passport over other nations. Get relevant information on this page: Antigua and Barbuda Citizenship by Investment - Antigua Passport.
One of the best advantages of getting an Antigua and Barbuda passport is that it opens doors to visa-free travel to about 150 nations. For example, people with Antigua and Barbuda passports can travel hassle-free to the Schengen area and even stay there for 90 days.
In addition, holding this nation's passport, people can travel to the UK and stay for 180 days and even attend business meetings or receive treatment if required. Thus, an Antigua and Barbuda passport not only opens doors to Caribbean heaven but also gives the chance to travel visa-free to many other important destinations worldwide.
The country's citizenship-by-investment program gives the opportunity to passport holders to visit and stay in the country even if their borders are closed to third-party nations.
This implies that you can travel to Antigua and Barbuda if you are seeking a safe haven or the perfect vacation location. In case of any political emergency in their home country, the passport holders can easily take shelter in Antigua and Barbuda. In addition, the investors can visit the country to access their high-quality education and healthcare system
Also, since Antigua and Barbuda is a member nation of OECS and CARICOM, its citizens can easily travel to any of the associated Caribbean states. The citizens can stay indefinitely in OECS states and for three months in the CARICOM states.
Obtaining an Antigua and Barbuda passport gives investors a provision to rent out their purchased real estate property for additional income. Also, it is not mandatory for the investor to be present physically in the country to do so. A management firm can be given the responsibility of maintaining and presiding over the property's condition.
Investors can quickly get a return of 2 to 5 percent per annum from the rent of the property. Also, the county gives a provision for selling the property after five years.
Since Antigua and Barbuda offers a provision to their citizens of dual citizenship, investors do not need to worry about their home citizenship. They can hold citizenships of both nations if their home country also allows dual citizenship.
As Antigua and Barbuda levies no taxes on capital gains, personal income, or inheritance, it benefits their citizens. In addition, there is no need to pay taxes on interests, royalties, or dividends as long as these are being paid to the tax residents of the country.
Also, business firms have to pay only 8.25 percent of the tax on social contributions and no taxes on the employee salaries being paid.
Antigua and Barbuda citizens get the benefit of availing a 10-year-long visitor visa to the USA for both tourism and business purposes. These citizens are eligible for B-1 or B-2 visas entitled to tourism, doing business, or visiting family or friends in the USA. However, the visa does not permit people to study or work in the country.
With an Antigua and Barbuda passport, it becomes easy for the person to open an EU bank account. For these citizenship holders, the background check for the EU bank is easy and brief compared to standard account applicants.
This implies that the person can quickly get access to a reliable and esteemed bank without the hassles often associated with foreign exchange control.
The Antigua and Barbuda citizenship by investment program offers a provision to add extended family members in addition to close members. The program offers citizenship to members such as investor's spouses, kids who are below the age of 30 years, siblings, and parents.
Another benefit of the Antigua and Barbuda citizenship program is its fast processing process. The time frame for obtaining citizenship in other nations is quite long, which is only about 3 to 6 months.
Antigua and Barbuda are renowned for being a safe haven for people who are seeking a second citizenship. The benefits offered by its passport are immense, and the cost of obtaining it is affordable.
However, the process of getting through the Antigua and Barbuda citizenship-by-investment can be pretty tricky, which can be made easy with the help of consulting firms, such as the Global Residence Index. Happy Acquiring Citizenship.
--- Published By Adotrip
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