Antigua & Barbuda
Investment Programmes in Caribbean & EU Countries Second Citizenship
Obtaining a work permit in the United Arab Emirates (UAE) involves several steps, requirements, and understanding the associated fees and benefits. Here’s a detailed overview:
01
Requirements
- Eligibility:
- Must be at least 18 years old.
- No criminal record.
- Pass a due diligence check.
- Good health condition.
- Investment Options:
- National Development Fund (NDF) Contribution:
A minimum contribution of $100,000 USD for a single applicant or a family of up to four members. - Real Estate Investment:
A minimum investment of $400,000 USD in an approved real estate project, held for at least 5 years. - Business Investment:
A minimum investment of $1.5 million USD in an eligible business as a sole investor or a joint investment of $5 million USD with each investor contributing at least $400,000 USD.
- National Development Fund (NDF) Contribution:
- Dependents:
- Spouse, children under 28, and parents or grandparents over 58 can be included in the application.
02
Benefits
Citizenship:
- Full citizenship for life, including for family members.
- Dual citizenship is allowed.
Visa-Free Travel:
- Visa-free or visa-on-arrival access to over 150 countries, including the UK, Schengen Area, Hong Kong, and Singapore.
Tax Benefits:
- No personal income tax, wealth tax, or inheritance tax.
Business Opportunities:
- Access to business opportunities within the CARICOM (Caribbean Community) region.
Lifestyle:
- Right to live, work, and study in Antigua & Barbuda.
- Enjoy a peaceful and stable environment with a high standard of living.
03
Fees:
Application Fee
- $25,000 USD for a family of up to 4 members.
- Additional fees apply for each extra dependent.
Due Diligence Fee
- $7,500 USD for the main applicant.
- $4,000 USD for each dependent aged 16 or over.
Government Processing Fees
- Varies depending on the investment option chosen.
Legal and Other Fees
Additional costs for legal representation, document processing, and other administrative fees.
03
Processing Time
- The entire process typically takes 3-4 months from the submission of a complete application to the granting of citizenship.