Antigua Citizenship By Investment Program – Changes
By Marwa Badra | August 14, 2017
The Cabinet of Antigua and Barbuda has approved the following changes to the program:
Government Processing Fees
The processing fees are being reduced accordingly:
– NDF Option: US$25,000 for a family of up to four persons, plus US$15,000 for each additional dependent.
– Real Estate or Business Investment: US$50,000 for a family of up to four persons, plus US$15,000 for each additional dependent.
**These changes are effective as of August 1st 2017. All applications submitted to the CIU from the stated date will qualify if processing has not yet finalized**
Individuals born in one of the restricted countries (listed below) may apply to the Antigua and Barbuda CIP if they migrated before the age of majority and/or have maintained permanent residence for at least 10 years in Canada, UK, USA, Australia, New Zealand, Saudi Arabia, or UAE and maintain no economic ties to any restricted country:
- North Korea
Please note that Cabinet has also agreed that these changes will be reviewed within the next six months therefore we urge you and your clients to move forward with your applications as soon as possible to take advantage of this great price reduction.
Lastly, Antigua and Barbuda CIU processing times continue to remain within the 90-day target date.
If you have any questions about the Antigua program, please contact us.