Friday, November 22, 2024

Antigua CIP university fund option now open for applications

The Government of Antigua announced the fourth  University of West Indies Fund  (UWI fund)  option is currently open for applications effective from Oct 12, 2018.

 

This is the first University to be funded by the citizenship by investment programme of Antigua and will finance university’s fourth campus.  The new university campus is expected to bring economic benefit to the country and  will inspire many youths to pursue tertiary education.

 

In September, The Government of Antigua and Barbuda has introduced a New CIP fund option for $150,000 to fund University of West Indies campus.  PM Browne made this announcement in the parliament while presenting the C.I.P report for January to June in the Parliament.

 

Foreigners can qualify for Antigua citizenship by making $150,000 one  time contribution to the UWI fund.   One member of the family  will be entitled to scholarship for 1 year (tuition only) at the University of the West Indies campus.

 

USD 150,000 for a family of four (4) or more (i.e. minimum number of persons per application is 4).

 

The Government processing fees

  • USD 25,000 for a family of four,
  • USD 15,000 for each additional dependent

 

Due diligence fees

  •  USD 7,500 for the main applicant,
  • USD 7,500 for the spouse, USD 4,000 for dependents above 18, and
  • USD 2,000 for dependent children between 12–17.

Passport fees

USD 300

 

Antigua Government accepts Bitcoin and other cryptocurrencies for its citizenship by investment programme and it should be possible to pay for UWI fund option. Besides Bitcoin Antigua accepts Euro payments..

 

 

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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