Thursday, November 14, 2024

Antigua reduces CIP fees for NDF and Real estate

As of Aug 1, Antigua and Barbuda has reduced  the processing fee of NDF and Real estate to make the citizenship by investment program more competitive in the Caribbean region .

  • The processing fee for NDF fund has been lowered to US$25,000 from US$50,000 for family up to 4, and additional members cost US$15,000 per person.
  • The processing fee for the real estate and business investment option for a family of four has been lowered to US$50, 000.

There is no change in investment amounts under NDF($200,000) or Real estate ($400,000)

NDF

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

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

2. Family of 5 or more:-

  • US$250,000 Contribution
  • Processing Fees: US$15,000 for each additional dependent

Real Estate

To qualify for citizenship under the real estate option, the government requires applicants to make an investment in designated, officially approved real estate with a value of at least US$ 400,000 plus the payment of government processing fees and due diligence fees.

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

  • Processing fees: US$50,000

For a family of 5 or more:-

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

In addition, two or more applicants who have executed a binding sale and purchase agreement may apply jointly for citizenship by investment provided that each applicant contributes the minimum investment of US$ 400,000.

Additional Fees

USD*
Government fee – Principal Applicant $50,000
Government fee – Spouse $50,000
Government fee – Dependent child aged 0-11 $25,000
Government fee – Dependent child aged 12-17 $25,000
Government fee – Dependent child aged 18-25 $50,000
Government fee – Dependent parent aged over 65 $50,000
Due diligence fee – Principal Applicant $7,500
Due diligence fee – Spouse $7,500
Due diligence fee – Dependent child aged 0-11 $0
Due diligence fee – Dependent child aged 12-17 $2,000
Due diligence fee – Dependent child aged 18-25 $4,000
Due diligence fee – Dependent parent aged over 65 $4,000
Passport fee – each person $300

 

 

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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