An investor is an individual or an organization that gives money to another person or organization hoping to see a future profit.
The offer of citizenship by investment by the island nation Antigua and Barbuda is an alluring program. It is an excellent opportunity for investors wishing to leave their country for good to explore the market of this Sunkissed Caribbean country going ballistic.
The CIP Program
The toplined tourists and luxury yachts are the favorite clientele of Antigua and Barbuda. They have always considered this blissful Caribbean nation their preferred port of call. The country is seeing a continuous flow of high-net-worth individuals making a beeline to this island after the well-known CIP got established in 2013. Through this program, the investors get bestowed with second citizenship, which ensures their financial freedom and peace of mind amidst enhanced global uncertainty. And this citizenship program by this Caribbean country is one of the most appealing offerings in this rapidly expanding market, especially for well-to-do individuals.
The approval for this citizenship for investors under the CIP comes within four months. It confers them many benefits like visa-free travel to more than 160 countries, a well-protected base for their families, and residence in a low tax and business-friendly jurisdiction. Additionally, there are no restrictions on dual citizenship and no tax on worldwide income. This country has a high standard of living and a low crime rate.
An Innovative Program
As regards innovation, Antigua and Barbuda was the first Caribbean nation to provide a CIP in approved businesses. And many more jurisdictions have now added this initiative to their respective portfolios. The university of the west indies is the most recent addition to such an investment option. The opportunity proffered through this program entitles one family member to a one-year, tuition-only scholarship at the university. As they are ideally suited to growing families, the national development fund and the UWI option, in particular, have become the market leaders in the sub-region.
Continuing research into the market indicates the recent pandemic has motivated individuals to look for varied investment opportunities. And grabbing such an opportunity provides an alternative option for relocation. In essence, many expansions have come up:
- First, the successful applicants can take the citizenship oath by designating overseas missions and offices in their respective jurisdictions using a local notary public using different audio-visual platforms.
- Second, there is an expansion of what defines a dependent. Accordingly, it allows investors to include an intended spouse, adult children up to 30 years of age, unmarried siblings, intended spouses of adult children, grandchildren, and parents 55 years and older.
- Last, expanding the investment opportunities under the real estate option allows the construction of new property and expansion of the existing high-end properties.
Opportunities Galore
Subsequent to these latest opportunities, there is a growth in the number of citizens. They are investing in real estate and luxury tourism projects. It provides them with attractive potential for capital gain and ROI. There is resilience and flexibility seen to be at the forefront of the CIP Antigua and Barbuda provides. It is thus proving to be the one to look for in the investment migration industry. This program of the island nation is well known for its foresight and innovation. And you can expect this trend to continue well into the foreseeable future too. It is evident the investment threshold provides variation and positions the CIP uniquely in the market. The present offering shows noticeable improvement over time and will continue to evolve with the market and ensure the upholding of its relevance.
A Good Time to Invest
The CIP provided by the Caribbean country, Antigua and Barbuda, is an outstanding choice for individuals to avail of visa-free access to over 160 countries, no restrictions on dual nationality, citizenship for life, no tax on worldwide income, inheritance, capital gains or investment returns, a stable economy and democracy and a safe and secure paradise where citizens can live freely and work remotely.
New citizens can reside in a less densely populated country that has displayed a better ability to manage the pandemic and where they can feel more comfortable and safer. Individuals interested in availing of the CIP from Antigua and Barbuda, a premier choice for second citizenship, should understand that now is the time to invest in their future.
