Saturday, November 23, 2024

Antigua CIP discount period extended until 31st October 2019

by Port Nansen

 

On October 12, 2018, the authorities of Antigua and Barbuda announced the extension of the special offer for citizenship through investment , which was submitted a year ago.  

 

Investors will still be able to obtain citizenship through a charitable contribution to the National Development Fund (NDF) in the amount of USD 100,000 for the applicant and up to three dependent family members and USD 125,000 for a family of 5 or more people. Prior to this, the amount was significantly higher – from USD 200,000.

 

The deadline for the special offer was moved from October 31, 2018 to October 31, 2019.

 

The Antigua and Barbuda Citizenship Unit has also extended the possibility of obtaining citizenship through joint real estate investments.

 

From May 1, 2018, two investors can jointly invest USD 400,000 in real estate (that is, USD 200,000 per investor). The option will be valid until October 31, 2019.

 

The CIP minimum investment remains the same

 

NDF Donation

Family of up to four              US$ 100,000
Family of five or more          US$ 125,000

Real estate

Share of a property              US$ 200,000 
Full ownership                 US$ 400,000 

Business investment            US$ 400,000 

 

 

Antigua also announced recently new option of University fund option for $150,000 which qualifies for citizenship by investment.

 

The official website of Antigua and Barbuda Citizenship Unit is available here: http://cip.gov.ag

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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