The Antigua Programme Fee Change and Family Impact

The Antigua Citizenship by Investment Unit (CIU) announced a reduction in its processing fees that was expected to make the Antigua Citizenship by Investment Programme more attractive to larger families.

What Changed

According to an official announcement made by Charmaine Donovan, then-Chief Executive Officer of the CIU, the processing fees across all investment options were reduced to increase the programme’s competitiveness against other regional programmes.

The fee reductions, which came into effect on 1 August 2017, lowered processing fees from USD 50,000 to USD 25,000 for the National Development Fund (NDF) option for a family of four, with a USD 15,000 incremental addition for each dependent after that.

The processing fee for the real estate and business investment option for a family of four was lowered to USD 50,000, and similar to the NDF option, each additional dependent after that pays USD 15,000.

The minimum investment amount did not change — for the NDF option, it remained at USD 200,000 for a family of four, real estate remained at USD 400,000, and business investment continued to start at USD 1.5 million.

Why Antigua Continues to Attract Families

The Antigua Citizenship by Investment Programme is one of the region’s most sought-after, offering a number of key benefits to citizens:

• The program takes only 3-6 months to complete.
• Citizens can travel to 132 countries via visa on arrival including key business hubs such as the UK, Schengen Zone Hong Kong and Singapore.
• Spouse, dependent children up to 25 years and parents above 65 years can be included within the same application.
• No personal income tax, inheritance tax or capital gains tax.
• No tax on global income for non-residents.
• Highly respected higher educational facilities including the American University of Antigua College of Medicine that can open the door to opportunities in the USA.
• Program’s Restricted Countries list guarantees a high level of integrity and international respect for the program.
• The country is the best connected among the Eastern Caribbean states with direct flights from the UK, USA and Europe.
• Antigua and Barbuda is one of the world’s most desirable tourism destinations with a 5-star luxury sailing and resort offering.
• Dual citizenship is allowed.

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 24 August 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.