Antigua and Barbuda offers an inviting opportunity for digital nomads, expats, and location-independent workers to establish tax residency. This guide will walk you through the essential steps needed to obtain tax residency in this paradisiacal Caribbean nation.
Step 1: Understand the Criteria for Tax Residency
To be considered a tax resident, you must spend at least 183 days in Antigua and Barbuda within a calendar year. This is the primary criterion for establishing tax residency in the country.
Step 2: Obtain a Long-Stay Visa or Nomad Digital Residence Visa
Apply for a visa that permits you to stay in Antigua and Barbuda for an extended period. The Nomad Digital Residence (NDR) Visa is particularly suited for digital nomads and remote workers. This visa allows you to reside in the country for up to two years.
Step 3: Register Your Presence
Upon arrival, register your presence with the Immigration Department of Antigua and Barbuda. This involves filling out necessary paperwork and providing documents like your passport, visa, and proof of accommodation.
Step 4: Secure a Local Address
You must have a permanent address in Antigua and Barbuda. This could be a rented apartment, a house, or any other form of long-term accommodation. Ensure that you have a lease agreement or proof of property ownership.
Step 5: Open a Local Bank Account
Open a bank account in Antigua and Barbuda. Banks will require identification documents, proof of address, and possibly a reference from your current bank. Having a local bank account helps in demonstrating your financial ties to the country.
Step 6: File a Declaration of Tax Residency
Submit a formal declaration to the Inland Revenue Department stating that you have met the criteria for tax residency. This declaration should include your personal details, period of stay, and local address.
Step 7: Maintain Detailed Records
Keep detailed records of your stay, including travel documents, accommodation receipts, and bank statements. These records will be essential if you need to prove your tax residency status to the authorities.
Legal References
- Income Tax Act, Cap 212
- Immigration and Passport Act, Cap 208
- Banking Act, Cap 40
Useful Links
- Antigua and Barbuda Inland Revenue Department
- Antigua and Barbuda Citizenship by Investment Unit
- Government of Antigua and Barbuda
