The Antigua & Barbuda Citizenship Investment Unit announced Saturday the extension of the Citizenship by Investment Program (CIP) discount period until 31st October 2019. Minimum investment levels, therefore, remain as follows:
Antigua CIP Investment Routes – Limited Time Discount*
Family of up to four US$ 100,000
Family of five or more US$ 125,000
Share of a property US$ 200,000 and up
Whole ownership US$ 400,000 and up
Shareholding US$ 400,000 and up
The discounting of the minimum investment level, while criticized by some industry stakeholders as leading the charge of a ‘race to the bottom’ of the Caribbean CIPs, has proven a successful strategy by the Antigua government to increase awareness and market share.
Also announced today is the new investment route for the Antigua CIP: the Univeristy of the West Indies Antigua Campus Fund (read more about it here).
*additional government and professional fees apply. Discount period extended to 31st October 2019.