luxury locations issue 21

PROPERTY

5. Investment opportunities Another advantage of the CIP programme is the investment opportunities it offers. The financial contribution required to obtain citizenship can be invested in various sectors of the country’s economy, such as real estate, tourism, and infrastructure. Investors can also take advantage of other investment opportunities in the country, such as CIP- approved businesses and real estate projects. 6. Tax benefits Acquiring citizenship from Antigua and Barbuda can also offer tax benefits. The country has no income tax, inheritance tax, or capital gains tax. Investors can benefit from tax incentives and exemptions, which can significantly reduce their tax liabilities. For United States nationals however who have global taxation, there are often less taxation advantages than for other nationalities.

7. Family benefits Acquiring citizenship from Antigua and Barbuda can also benefit an investor’s family. Dependents, such as spouses, children, and parents, can also obtain citizenship and a passport. This can provide family members with the same benefits as the investor, including visa-free travel, access to education and healthcare, and business opportunities. 8. Dual citizenship Investors can also benefit from dual citizenship, which allows them to retain their original citizenship while acquiring a second one. Dual citizenship can provide investors with the best of both worlds, allowing them to enjoy the benefits of two countries. It also provides a safety net in case of political instability, economic turmoil, or other unforeseen events in one country.

Citizenship by investment programmes, such as the one offered by Antigua and Barbuda, can provide investors with several advantages depending on their unique circumstances and future plans. These include visa-free travel, business opportunities, access to education and healthcare, security and stability, investment opportunities, tax benefits, family benefits, and dual citizenship. These factors can significantly enhance an investor’s personal and business life, making citizenship by investment an attractive option. n

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