Important changes to Antigua & Barbuda CBI program
Antigua & Barbuda has announced important changes to its Citizenship by Investment Program. The new changes are aimed at making the program more attractive to clients.
Below are the key changes introduced by Antigua & Barbuda Government and effective from 1 April 2020.
- The National Development Fund (NDF) option becomes slightly more expensive for families of 4 people or more. The Government Processing fee for the NDF option is currently set at $25,000 for a family of up to four people. This fee will become $30,000 for a family of up to four people effective from 1 April 2020. Therefore there will be a fee increase of $5,000.
- The Real Estate Investment option becomes more affordable. The current Government Processing Fee for the Real Estate Investment option is $50,000 for a family of up to four persons. The fee will be cut to $30,000 making this option more attractive for foreign investors.
- Ban on Iraqi citizens is lifted. Effective 1 April 2020, Antigua and Barbuda lifts ban on Iraqi citizens, which means that citizens of Iraq irrespective of where they live, will be able to apply for Antigua and Barbuda citizenship by investment.
Antigua remains the most affordable citizenship by investment program for family applications among all the Caribbean countries.
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