CITIZENS INTERNATIONAL

The Antigua and Barbuda Citizenship by Investment Unit has announced new minimum investment levels and associated fees starting August 1, 2024, under the amended regulations.

• Donation Route: Minimum investment increased from $100,000 to $230,000 USD.
• Real Estate Investment: Minimum investment raised from $200,000 to $300,000 USD.
• UWI Fund: For families of six or more, the minimum investment is now $260,000 USD, including processing fees.

Processing Fees:

• Single Applicant: $10,000 USD
• Family up to 4: $20,000 USD (plus $10,000 USD for each additional person)

Diligence Fees:

• Single Applicant: $8,500 USD
• Spouse: $5,000 USD
• Dependent Child (0-11 years): Free
• Dependent Child (12-17 years): $2,000 USD
• Dependent Child (18+ years): $4,000 USD
• Benefactor: $5,000 USD

Passport Fees:

• Passport: $300 per person
• Renewal Fee: $1,000 per adult, $500 per child under 18 years

New administration fees include $250 USD for each oath certificate, previously free. Dependent definitions have been updated, removing the requirement for financial dependence but maintaining age limits under 30 years. Spouses of dependent children must be under 35 years, and grandchildren can be added if the dependent parent is under 35.

Furthermore, applicants now have the option to nominate an alternative main applicant (who must be over 18 years old) to take over in the case of the primary applicant's unfortunate demise or incapacity. This significant update presents an opportunity for you to designate your adult child as a substitute main applicant, ensuring that your citizenship can be passed down through future generations, extending beyond your grandchildren. We will delve deeper into this provision once the legislation is officially released and accessible for our thorough examination.

The team at Citizens International is here to help you navigate these updates and optimize your investment strategy. Please do not hesitate to set up a free consultation to learn more about the changes or to get advice on time-sensitive decisions for your application.