A memo was signed and issued by the Antigua and Barbuda Citizenship by Investment Unit (CIU) to stakeholders on 26th June, 2024. It outlined the upcoming changes to the country鈥檚 citizenship by investment program, signed and issued by CIU鈥檚 Chief Executive, Charmaine Quinland-Donovan. It includes the details of the new proposed investment thresholds and provides guidance on file submission.
The aim of the Memorandum of Agreement (MoA) is to implement a minimum investment threshold of US$200,000 by June 30th.
First, it was aimed at July 1st to cutoff the old pricing model which is US$100,000. However, after ther request of Antigua & Barbuda, an extra 30 days was added.
After the new threshold is implemented at the new expected date, on 30 July as expected, the investment threshold options will be as follows:
- $230,000 for a family of 1-4 (The National Development Fund)
- $245,000 for five individuals (The National Development Fund)
- $300,000 (inclusive of processing fees) for a family of 6 under the UWI Investment option
- $325,000 now marks the minimum investment threshold for real estate.
Based on the MoA, you can apply for Antigua & Barbuda citizenship by investment program with unchanged prices until July 30th, 2024. The new prices, as you can see above, are expected to be effective as of 1st August 2024.
If the price increase becomes effective on July 1st, it would mean that the submitted files on or before June 30th would be locked into the current price. If you aim to be considered as locked in, you need to apply one requirement. You need to upload your e-files and pay the CIU fees. Furthermore, you need to deliver the original documents to the CIU soon after.
If you want to learn more, you can discover our Antigua & Barbuda Citizenship by Investment Program Guide.