Antigua Reduces Citizenship Investment for a Family of Four
Antigua and Barbuda's family contribution levels make it one of the most accessible programmes for principals applying with spouse and children. The specifics of the family-of-four pricing structure.
The Government of Antigua and Barbuda has stated its intention to reduce the investment threshold for the National Development Fund option of its Citizenship by Investment Program by 50% to USD 100,000 for a family of up to 4 persons (from USD 200,000) and USD125,000 for a family of 5 or more (from USD 250,000).
There will be no change to processing fees and due diligence fees.
The legislative amendments required for this change to officially take place are expected to take approximately 4 weeks to complete - the date on which this change will come into effect will be announced once all legalities are fulfilled.
The CBI Unit has since announced that it will start accepting applications under the new investment structure starting November 1, 2017.
The announcement, which was made late last week by Prime Minister Gaston Browne, stated that the proposed new investment structure was the result of extensive research undertaken to ensure that Antigua and Barbuda citizenship by investment maintains its market share by staying competitive and flexible to evolving demands.
The prime minister said the policy adjustment was necessary to earn essential revenue to rebuild Barbuda, which was devastated during the intense hurricanes that struck the twin-island nation last month.
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 18 October 2017. 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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