It just got cheaper to buy Antigua and Barbuda citizenship

5
It just got cheaper to buy Antigua and Barbuda citizenship

(ANTIGUA NEWSROOM) – The Citizenship by Investment Unit (CIU) has reduced the processing fees for some Citizenship by Investment Programme (CIP) applicants according to reports.

Citizensinternational.com is reporting that the reduced processing fees took effect on August 1st, 2017.

For donations to the National Development Fund (US $200,000 for up to a family of four):
The processing cost is reduced to US$ 25,000 for up to a family of four.

Each additional dependent (5th applicant onwards) is required to pay a fee of US $15,000. Processing fees for the real estate option have also been reduced according to the publication.

For a minimum investment of US $400,000):
Each additional dependent (5th applicant onwards) is required to pay a fee of US $15,000.)

The CIU’s communications manager could not be reached on her cell phone tonight for a comment.

Antigua News Room (ANR) was told by Acting Prime Minister Steadroy “Cutie” Benjamin that this was a recommendation by the head of the CIU, Charmaine Quinland Donovan.

When Benjamin was asked the reason for the reduction in processing fees, he directed ANR to make contact with the prime minister, who is vacationing in Hawaii or Chief Executive Officer (CEO) Donovan.

Efforts to contact both individuals up to the time of this publication proved futile.

(1)(1)

No posts to display

5 COMMENTS

  1. I need an explaination on this... How is this helping the country given we just lost the trust of the Canadian government as of rescent.
    I will wait to hear why this is such a wiser strategic move in helping the Federation grow collectively.

    (0)(0)

  2. This is so, so sad to see that this region continues to be led by dumb politicians, starting with the first ever GRAND initiative and failure, the demise of the West Indies Federation. These islands, having not fought with blood, and without a fight for real independence, continue to cheapen what was given, which passes as sovereignty. Dumb ass politicians endanger our future. Sadly, there are still too many of them that get to be elected in the region. We need both formal and informal education on such matters. We collectively have to learn, as most Americans and the French have learnt, the elections have consequences.

    (6)(1)

Comments are closed.