Antigua Reduces Minimum Real Estate Investment
Antigua and Barbuda's real estate route reached a more accessible threshold. What the change meant for applicants choosing the property route over the donation fund.
The Cabinet of Antigua and Barbuda has announced a Limited Time Offer (LTO) allowing citizenship investment via real estate at USD200,000 per application, provided two related parties make the investment jointly in a real estate asset worth a minimum of USD400,000.
The LTO is effective May 1st to October 31st, 2018. All other Processing and Due Diligence Fees remain unchanged.
Other key changes approved during the Cabinet meeting, which was held on April 11th, 2018 include:
- Removal of the requirement to pay additional due diligence fees at the time of passport renewal after 5 years of holding an Antigua and Barbuda passport.
- Reducing the eligible age for dependent parents from 65 years to 58 years.
- Removing the requirement for dependent children under the age of 18 years to visit Antigua and Barbuda for 5 days during the first 5 years. However, upon attaining the age of 18, the residency requirement must be fulfilled as well as the requirement to swear an oath of allegiance.
If you would like to speak privately about whether a Citizenship by Investment programme fits your circumstances, reach a senior advisor at PassPro.
Note: figures in this article are accurate as of 15 May 2018. Government programme prices and processing times change. For the current authoritative figures see our Citizenship Options page, the official government unit websites, or reach a senior advisor directly.
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