The National Development Fund (NDF) is a non-profit fund that is subject to parliamentary oversight by way of a six monthly report to be presented to Parliament in sufficient detail to allow for transparency and accountability. The fund will also be audited by an internationally recognised accounting firm.
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.
Acquisition of citizenship under the NDF investment option requires a contribution to the National Development Fund in the minimum sum of US$100,000 per application. The contribution is in the form of a one-time payment.
The primary applicant may include spouse, dependent children and dependent parents over 58 years of age within the application with no additional NDF contribution required, although government and due diligence fees will be payable per each individual which are outlined within the fees section.
The application process is fairly straightforward and application forms can be obtained from a local authorized agent, whom has been licensed by the Citizenship by Investment Unit (CIU).
Upon submission of your application you will be asked to pay the full 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 fees, passport fees and your contribution. The fees are paid directly to the Unit and your contribution must be made to the Government Special Fund within a 30 day period.
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. Your authorized agent/representative will forward your Passports and Citizenship Certificate document to you.
On the first occasion that you visit Antigua and Barbuda 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.
Contribution to the National Development Fund
A. For a single applicant, or a family of 4 or less
- US$100,000 contribution
- Processing fees: US$30,000
B. Family of 5 or more:-
- US$125,000 Contribution
- Processing Fees: US$ 30,000 plus an incremental amount of US$15,000 from the 5th dependent onwards.