Antigua and Barbuda Citizenship Cost Rises in 2024

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Don’t say we didn’t tell you about the Caribbean Citizenship by Investment price increases that set a minimum $200,000 threshold. Yet there will be subtle pricing differences across the 5 Organization of Eastern Caribbean States members. For example, we now know that there is to be a grace period for applications and the full range of Antigua and Barbuda citizenship cost rises.

Grace Period for Antigua and Barbuda CBI Applications

Charmaine Donovan is the CEO of the Antigua and Barbuda Citizenship by Investment Unit. She sent out a memo on Wednesday, June 26, 2024 titled Programme Changes and Guidance on File Submission.  This reveals an “agreement to an additional 30 days to conclude” the “implementation of a minimum investment threshold”. 

Donovan goes on to describe the ultimate deadline for investors to secure Antigua and Barbuda citizenship at the current prices. Once their application has been submitted electronically, the required physical documents and initial fees must follow within 21 days. So the maximum grace period could extend to 7 weeks.

Antigua and Barbuda Citizenship Cost Rises in Full

In line with the MOA signed with Dominica, Grenada, St Kitts and Nevis, and St Lucia, you now need to donate at least $230,000 to the country’s National Transformation Fund (NFT) to obtain Antigua and Barbuda Citizenship by Investment for a family of 1 to 4. Antigua and Barbuda will increase the minimum threshold to $245,000 for a family of 5 or more.

For real estate purchases, the minimum threshold rises from $200,000 to $325,000. The University of West Indies family-friendly option goes up to $300,000. For business investment, you will still need to commit at least $1.5 million as before.

The View From Latitude

Our Latitude Caribbean Managing Partner is Christopher Willis. He explains the rationale behind the Antigua and Barbuda citizenship cost variation. As Willis elaborates, “Investors are accustomed to the existence of different packages.”

“There’s no point Antigua and Barbuda pricing the University of West Indies (UWI) option the same as the NFT donation, for instance. Why not? Because UWI is the family bundle, it’s for a larger-sized unit in mind and investors will expect to pay more.”

How to Obtain Antigua and Barbuda Citizenship by Investment in 2024

You have read of the new pricing of investing in Antigua and Barbuda citizenship. To ensure you qualify before the grace period concludes, your next step should be to consult a world-renowned investment migration authority such as Latitude Group. So, don’t delay and contact us today.