{"id":242210,"date":"2025-07-03T12:00:18","date_gmt":"2025-07-03T16:00:18","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=242210"},"modified":"2025-07-03T12:00:19","modified_gmt":"2025-07-03T16:00:19","slug":"cbi-draft-legislation-set-for-july-parliament-sitting","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/cbi-draft-legislation-set-for-july-parliament-sitting\/","title":{"rendered":"CBI Draft Legislation Set for July Parliament Sitting"},"content":{"rendered":"
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CBI Draft Legislation Set for July Parliament Sitting<\/strong><\/p>\n\n\n\n

The government of Antigua and Barbuda is preparing to table new draft legislation on its Citizenship by Investment (CBI<\/a><\/strong>) programme during the next sitting of Parliament, expected before the end of July.<\/p>

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Director General in the Office of the Prime Minister, Maurice Merchant, confirmed the move during this week\u2019s post-Cabinet media briefing, noting that while the legislation was not discussed in detail during Wednesday\u2019s session, it remains a priority for the administration.<\/p>

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The draft bill is part of a coordinated effort among Eastern Caribbean states with active CBI programmes and is intended to address long-standing concerns raised by the European Union and the United States over programme integrity and due diligence.<\/p>\n\n\n\n

Merchant said the legislation is designed to \u201ctighten up or further secure the programme\u201d to maintain its high standards, particularly in relation to the scrutiny of applicants.<\/p>

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The proposed changes come amid increasing international pressure on CBI <\/a><\/strong>jurisdictions to harmonise regulations and enhance transparency, particularly in light of recent global discussions around migration, border security and financial compliance.<\/p>\n\n\n\n

Antigua and Barbuda, along with other OECS territories, has agreed to adopt a set of common standards for the operation of their CBI programmes. The bill\u2019s passage will be a significant step in fulfilling those commitments.<\/p>

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The government has yet to release the full text of the proposed legislation, but officials say it will be placed on the order paper at the upcoming parliamentary sitting.<\/p>

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CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP CBI Draft Legislation Set for July Parliament Sitting The government of Antigua and Barbuda is preparing to table new draft legislation on its Citizenship by Investment (CBI) programme during the next sitting of Parliament, expected before the end of July. Director General in the Office of the […]<\/p>\n","protected":false},"author":3,"featured_media":8177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-242210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nCBI Draft Legislation Set for July Parliament Sitting - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Antigua and Barbuda's CBI draft legislation is set for Parliament. 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