Antigua and Barbuda

Antigua and Barbuda

Amends the real-estate investment option of its Citizenship by Investment Programme

01 Aug 2024

On 1 August 2024, Antigua and Barbuda brought into effect the Citizenship by Investment (Amendment) Regulations 2024.

The amendment raises the minimum capital outlay for government-approved real estate investments under the citizenship by investment programme from $200,000 per co-investor ($400,000 for a single purchaser) to a flat minimum of $300,000, regardless of whether the investment is acquired individually or as a fractional share. The mandatory holding period of five years remains unchanged. The amended regulations further prohibit all forms of discounting, rebates or guaranteed buy-back arrangements across all investment options, including real estate and business investment routes.

The amendment gives effect to the 2024 Citizenship by Investment Memorandum of Agreement of the Organization of Eastern Caribbean States, signed by Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, and Saint Lucia.

 

Type:
  • Promotion and facilitation (Investment incentives)
Industry:
  • Not industry specific
  • Services (Real estate activities)
Inward FDI:
Yes
Outward FDI:
No
Sources: