fund

The National Development Fund of Antigua is one of the most popular routes to citizenship in the eastern Caribbean.

NEWS FLASH 21 NOVEMBER 2016 : DE NIRO PROMOTES INVESTMENT INTO ANTIGUA
CLICK HERE

The National Development Fund (NDF) is a non-profit fund that is subject to parliamentary oversight to allow for transparency and accountability. The fund is also audited by an internationally recognised accounting firm and reports on use of funds by the Government of Antigua & Barbuda are published annually.

Legal Basis

It is established under section 42(2) of the Finance Administration Act 2006 for the purpose of funding government sponsored projects, including public-private partnerships and approved charitable investments.

The primary applicant may include spouse, dependent children and dependent parents over 65 years of age within the application with no additional NDF contribution required, although government and due diligence fees will be payable for each individual.

Limited Time Offer

Applications received for the NDF investment option will receive a reduction on the investment contribution from US$250,000, to US$200,000 and the government processing fees will be US$50,000 for principal applicant and spouse respectively and free for up to two dependents. The offer is valid for a family application of up to four persons. Applications with five or more applicants have to donate the full US $250,000 and the government application fees are waived for up to three dependents starting with the youngest.

Application Process

The application process is straightforward and is via a local authorized agent such as Citizens International, whom has been licensed by the Citizenship by Investment Unit (CIU).

Upon submission of your application you will be asked to pay the due diligence fees and 10% of the government processing fee. Upon receipt of a letter of approval you will be asked to pay the balance of the government processing fee and your US$200,000 contribution which will be paid separately to the Citizenship by Investment Unit (CIU) escrow account within a 30 day period and the Passport Fees.

Once received, a certificate of registration of Citizenship will be issued for both the primary applicant and their family members which will be submitted to the passport office with their passport application and any accompanying documentation. Citizens International will forward your Passports and Citizenship Certificate document to you.

On the first occasion that you visit Antigua and Baurbda you can take the oath or affirmation of allegiance or you can visit an Embassy, High Commission or Consular Office of Antigua and Barbuda to fulfil the requirement to take the oath or affirmation of allegiance.

Donation & Citizenship Snapshot

Example Quote for National Development Fund donation  (Main Applicant + Spouse)

COSTS (US$)
Donation*
$ 200,000
Government Application Fees
$ 100,000
Government Due Diligence Fees
$ 15,000
TOTAL
$315,000

* Limited Time Offer: Donation amount reduced from US$250,000 to US$200,000 with reduced accompanying government fees.

Please note: Total price varies depending  on number of applicants. Citizens International Legal Fees are not shown here and are subject to market jurisdiction standards. Escrow Fees (approximately 1%) are not shown and the above is also subject to additional fees and/or changes. Whilst every reasonable effort has been made to verify any statement, description or other comment within this property information, any purchasers must make their own enquiries and satisfy themselves. All information written here is subject to change.