Antigua Delays Price Rise | Act Now
The Antigua and Barbuda Citizenship by Investment Unit (CIU) has issued a crucial memo outlining upcoming changes to the country’s citizenship by investment programme. Signed by the CIU’s Chief Executive, Charmaine Quinland-Donovan, the memo details new proposed investment thresholds and provides guidance on file submission.
One key highlight is the extension of the deadline for the new pricing. Due to an inability to complete the required parliamentary approval process, Antigua has granted an additional 30 days before the new pricing takes effect. Despite this delay, the nation remains committed to implementing a minimum investment threshold of US$200,000 as per the regional agreement outlined in the Memorandum of Agreement (MoA). Initially, the old pricing model of $100,000 was set to end on June 30th. However, due to circumstances beyond the government’s control, they were unable to meet the original deadline and have had to grant an extension.
Urgent Opportunity – Save $130,000
This 30 day extension presents a short window of opportunity for those interested in proceeding with the programme under the current lower pricing. Investors who missed out on applying in other nations, such as Grenada or Dominica, where prices increased on July 1st, may also find Antigua a lower priced option. Although the submission deadline has been extended by 30 days, new applicants would need to begin the process immediately to have any chance of hitting this deadline.
Summary of Antigua Citizenship By Investment Price Changes:
The National Development Fund:
- Single Applicants: Increase from $100,000 to $230,000
- Families of up to 4 Members: Increase from $100,000 to $230,000
- Families of 5 or More: Increase from $125,000 to $245,000
University Of West Indies Fund:
- Families of 6 or more: Increase from $150,000 to $300,000
Real Estate Investment:
- Increase from $200,000 to $325,000
As always, government, application and due diligence fees still apply. If you would like to secure your application before the price change, contact our team immediately for more information and a full quotation.
