The Citizenship by Investment Unit of Antigua & Barbuda has announced that after two meetings of the Cabinet of Ministers held on the 11th December 2019 & 26th February 2020, it is implementing a number of amendments aimed at enhancing the programme.
Increase in National Development Fund (NDF) Processing Fees
As of 1st April 2020, the government processing fees under the donation option (NDF) will increase from USD $25,000 to USD $30,000.
Reduction in Processing Fees for Real Estate option
As of 1st April 2020, the government processing fees under the Real Estate investment option will decrease from USD $50,000 to USD $30,000. Such an amendment thus means that government processing fees under both the donation or real estate option is fixed at USD $30,000.
Iraqi Nationals eligible to apply for Antigua & Barbuda Citizenship
Iraqi nationals as from 1st April 2020 are eligible to apply for the Antigua & Barbuda citizenship by Investment Programme. The nationalities restricted from applying are the following: Afghanistan, Iran, N Korea, Somalia, Yemen and Sudan. Nationals of these countries are only eligible to submit an application under the citizenship programme if they had migrated before the age of majority and do not maintain any economic ties with the restricted countries.
The Citizenship by Investment Unit of Antigua & Barbuda has announced that after two meetings of the Cabinet of Ministers held on the 11th December 2019 & 26th February 2020, it is implementing a number of amendments aimed at enhancing the programme.
Increase in National Development Fund (NDF) Processing Fees
As of 1st April 2020, the government processing fees under the donation option (NDF) will increase from USD $25,000 to USD $30,000.
Reduction in Processing Fees for Real Estate option
As of 1st April 2020, the government processing fees under the Real Estate investment option will decrease from USD $50,000 to USD $30,000. Such an amendment thus means that government processing fees under both the donation or real estate option is fixed at USD $30,000.
Iraqi Nationals eligible to apply for Antigua & Barbuda Citizenship
Iraqi nationals as from 1st April 2020 are eligible to apply for the Antigua & Barbuda citizenship by Investment Programme. The nationalities restricted from applying are the following: Afghanistan, Iran, N Korea, Somalia, Yemen and Sudan. Nationals of these countries are only eligible to submit an application under the citizenship programme if they had migrated before the age of majority and do not maintain any economic ties with the restricted countries.