Antigua CIP limited offer ends on 31st October

The Antigua and Barbuda Cabinet, on May 14 announced a new Limited Time Offer (LTO) under the real estate for the  CBI program.

Effective 15 May, 2018 and untile 31st Oct 2018, a Limited Time Offer (LTO) was introduced under the Real Estate option. During the LTO, Two (2) applications from related parties can make a joint investment, with each applicant investing a minimum of USD 200,000 in order to qualify. All processing and due diligence fees remain unchanged.

National Development Fund 

The one time contribution to the NTF fund is the cheapest route for families to acquire Antigua citizenship.

 For a single applicant, or a family of 4 or less

•       US$100,000 contribution /    Processing fees: US$25,000

 Family of 5 or more:-

• US$125,000 Contribution / Processing Fees: US$15,000 for each additional dependent

CIP Amendments

The Cabinet also announced several amendments to the Antigua CIP such as waiving the due diligence fee for renewal and lowering the age..

1.  Due Diligence Fee

During the LTO, Due diligence fees was waived at the five (5) year passport renewal. After the LTO the due diligence fee of $7500 applies.

2. Dependents Age Reduction

• Reduce the parental dependents age from sixty-five (65) to fifty-eight (58);
•  Remove the requirement for dependent children under 18 to visit Antigua and Barbuda for five (5) days in the first five (5) years. Upon attaining the age of eighteen (18), the residency requirement must be fulfilled as well as the requirement to swear an oath or pledge allegiance.

Photo credit: Natalia