Antigua Passport: What are the few benefits of obtaining this document?

Antigua and Barbuda is a twin island, which is strategically located and easily accessible from Europe and North America. In fact it is very well connected with all major regions across the world.

The Caribbean state implemented British style parliamentary system to establish its government. Like other countries of this region; economy of this country is primarily based on travel and tourism services. A major percentage of its GDP is obtained from tourism and finance industry.

With an aim to improve infrastructure and debts, State Government took a very bold initiative. They started selling Antigua and Barbuda passport to foreigners. The best thing about their residency programs is that it welcomes everyone without making any discrimination on the basis of race, color, religion and existing nationality.

As long as a person has crime free background and has funds to purchase the passport, he becomes eligible to gain this document. Interested candidates can obtain native rights either after investing specific amount in government funds or purchasing real estate property in a government authorized project.

Why people are becoming too interested to obtain a second nationality?

Dual nationality offer several benefits to individuals. Benefits get doubled if it’s a European country. When it comes to obtaining second residency, candidates look for the flexible options that don’t put restrictions like completing residency requirements, mandatory visits and stay in the territory. People are showing great interest, as they wanted to enjoy dual nationality status and visa free travel in maximum number of countries. Before these residency programs, people with birth rights and ancestral relationship with the territory were only eligible to gain citizenship of foreign country.

 What are the benefits of obtaining Antigua and Barbuda passport? 

Key benefit of applying for the passport of this Caribbean state is its flexibility to offer citizenship for everyone without asking them to show birthright and sort of blood relationship from the applicants.

Visa free travel

Passport of this island state is considered as the best choice for frequent travelers. Irrespective of the existing nationality, candidates become eligible for visa-free travel to more than 130 countries including important countries like UK, Canada, Hong Kong, Schengen Zone and Singapore. Moreover, USA issue visa with 10 years validity for the residents.

Almost no restrictions

Unlike to other territories offering residencies to foreigners, Antigua doesn’t put any restriction to live and cast a vote. All it asks is to stay for 5 days in an year during first five years of residency.

Renunciation is not required

Irrespective of the country you belong, you don’t need to renounce the existing nationality to gain lawful citizenship rights of state; it allows double nationality and allocates native rights to foreigners.

Principle applicant is allowed to include dependents

Residency program allows principle candidates to include not only the dependent children under the age of 26 years but also parents and grandparents of older than 65 years in same application form.

No taxes on worldwide income

Despite becoming the native resident, individuals will not face any additional taxes on capital gains and real estate property purchases. Though, they will need to pay 25% income taxes if they relocate Antigua to live and work.

Endnote: Antigua and Barbuda passport have become the favorite choice among second home seekers and professional businessmen looking for diversify their nationality status.