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Antigua and Barbuda named among top 5 CIP countries

18 April 2024 - 06:17

Antigua and Barbuda named among top 5 CIP countries

18 April 2024 - 06:17

Antigua and Barbuda has earned a top position among the world’s top five countries with regards to their Citizenship by Investment Programme (CIP), as revealed by Henley & Partners in the 2024 edition of the Global Citizenship Program Index.

Henley and Partners, recognized as a global leader in residence and citizenship by investment, meticulously evaluates the most crucial citizenship by investment (CIP) programs worldwide.

This evaluation is based on a comprehensive set of criteria including quality of life, visa-free travel, investment prerequisites, compliance standards, residency conditions, relocation flexibility, transparency, and reputation.

Claiming the top position is Malta, celebrated as a premier destination for alternative citizenship.

Malta is followed by Austria in the first place, while Antigua and Barbuda, Grenada, and St. Lucia share the third ranking.

The report emphasizes that “Antigua and Barbuda provides a strategic avenue to international mobility” with “an accessible investment requirement of USD 100,000* for the donation route.”

One important feature of this program mentioned in the report,  is that successful applicants are only mandated to visit the islands for five days during the initial five years of citizenship acquisition.

Moreover, Antigua and Barbuda “offers a favorable tax environment with no taxes applied to capital gains, wealth, or inheritance.”

Furthermore, it highlights that Antigua and Barbuda “unlocks a plethora of international mobility benefits for global business people as its passport holders can travel freely to over 150 destinations around the world.”

It further adds that “investors from countries with a lower passport ranking can therefore leverage Antigua and Barbuda’s citizenship program to gain visa-free access to a larger proportion of the world’s business hubs.”

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About The Author
<a href="https://antigua.news/author/editorial-satff/" target="_self">Editorial Staff</a>

Editorial Staff

The Editorial Staff refers to all reporters employed by Antigua.news. When an article is not an original creation of Antigua.news—such as when it is based on a press release, other media articles, letters to the editor, or court decisions—one of our staff members is responsible for overseeing its publication. Contact: [email protected]

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