High Net Worth Immigration Blog

Why Antigua and Barbuda's CBI Program is Perfect for Large Families

Written by Vicky Katsarova | Oct 28, 2024

For larger families considering Caribbean Citizenship by Investment (CBI) programs, Antigua and Barbuda offers an ideal blend of flexibility, multi-generational inclusivity, and significant family-oriented benefits. Since the program’s introduction in 2013, it has gained popularity due to its low tax structure, high-quality lifestyle, and the Caribbean charm of Antigua and Barbuda. But what truly sets this program apart is its generous policies toward larger families, making it one of the most cost-effective and inclusive options available.

1. Extensive Multi-Generational Benefits

One of the standout features of Antigua and Barbuda's CBI program is the extensive family coverage, allowing multiple generations to benefit. The program enables primary applicants to include not only their immediate family but also extends to:

  • Unmarried children under the age of 31 – irrespective of their financial dependency on the applicant.
  • Parents and grandparents aged 55 or older, who can be added if financially dependent on the main applicant or their spouse.
  • Unmarried siblings of the primary applicant or their spouse – there are no age or financial requirements for this category, allowing siblings of any age to join.

These provisions mean that parents, siblings, children, and even grandchildren can benefit from citizenship under a single application. This flexibility is particularly advantageous for families seeking to secure future stability across generations, enabling access to the same privileges and benefits provided by Antigua and Barbuda's citizenship.

2. Cost-Effective Structure for Larger Families

Antigua and Barbuda’s CBI program is among the most affordable for larger families. With its family-friendly fee structure, families of up to four are covered at a set government contribution, allowing them to maximize the value of their investment. Additionally, the option to add extra family members - such as unmarried siblings or extended family - comes with lower associated costs than many comparable CBI programs, further enhancing its attractiveness to larger family groups.

3. Flexible Investment Options

The Antigua and Barbuda CBI program offers several investment routes, catering to different financial goals and family sizes:

  • National Development Fund (NDF): A non-refundable contribution starting at $230,000 for a family of four. This is an attractive option for families aiming to minimize upfront costs.
  • University of the West Indies (UWI) Contribution: $260,000 (for families of 6 or more, inclusive of government processing fees for the first 6 applicants)
  • Real Estate Investment: A minimum of $300,000 in a government-approved real estate project, which must be held for five years. This option can appeal to families looking for a tangible asset.
  • Business Investment: Starting at $1.5 million, or $5 million for multi-party investors, this option may be ideal for families interested in participating in the local economy.

4. Tax-Free Benefits and High Quality of Life

One of the many advantages of Antigua and Barbuda’s CBI program is its favorable tax structure, which includes:

  • No personal income tax: There is no tax on worldwide income, providing a valuable benefit for high-net-worth families.
  • No inheritance or capital gains tax: Families can plan intergenerational wealth transfers without incurring extra taxes.
  • Business and asset protections: Offshore accounts and investments offer strategic financial flexibility for global families.

Beyond financial perks, Antigua and Barbuda provides an exceptional quality of life, with beautiful beaches, a warm climate, and strong healthcare and educational infrastructure. These benefits make it an appealing destination for both short-term vacations and long-term stays, contributing to its family appeal.

5. Convenient Processing and Fast Timeline

Antigua and Barbuda's CBI application process is streamlined and straightforward, typically completed within eight months. The program does not require physical residency nor language exams, making it accessible to applicants worldwide. Once approved, Antigua and Barbuda passports are couriered internationally, making it easy for families spread across different regions to receive their documents without added travel.

In Conclusion

Antigua and Barbuda’s CBI program stands out as a premier choice for larger families due to its inclusive policies, allowing generations to benefit under a single application and covering family members that other CBI programs may exclude. With its low tax structure, robust investment options, and family-friendly inclusivity, Antigua and Barbuda offers a unique opportunity for families looking to secure their future with the privileges of Caribbean citizenship.

At High Net Worth Immigration, we’re excited to help you and your family unlock the incredible benefits of Antigua and Barbuda citizenship. Take the first step toward a brighter future - contact us today, and let’s embark on this journey together!