Antigua and Barbuda’s National Development Fund, established under Section 42(2) of the Finance Administration Act 2006, is a nonprofit fund set up as part of the country’s Citizenship by Investment Program. The fund is subject to parliamentary oversight by way of a six-monthly report that enables transparency and accountability. As a nonprofit fund, it is used to support government projects, public-private partnerships, and other charitable investments approved by the government.
Under the National Development Fund route, the primary applicant must make a one-time minimum investment of $100,000 into the NDF. In addition, you will need to pay processing fees, due diligence fees, and passport fees. As the primary applicant, you can also include your spouse, dependent children, and dependent parents older than 55 in your application.