Antigua and Barbuda’s Citizenship by Investment Programme (CIP) is projected to contribute over $222.9 million to non-tax revenue in 2025, making it a cornerstone of the nation’s economic strategy. Prime Minister Gaston Browne, during his 2025 Budget presentation, emphasized the program’s critical role in funding key government initiatives and driving national development.
“The CIP continues to be a major contributor to our economic stability,” Browne stated. “Its performance underscores its importance in diversifying our revenue base and supporting the long-term growth and resilience of our economy.”
The 2025 projections build on a strong year in 2024, where CIP receipts surged by 30%, reaching $80.4 million. This growth reflects sustained global demand for Antigua and Barbuda’s citizenship offerings, which provide investment opportunities in real estate, business ventures, and contributions to the National Development Fund.
“The increase in receipts demonstrates the confidence international investors have in Antigua and Barbuda,” Browne noted. “We remain committed to ensuring that this program operates with integrity and transparency, maintaining its appeal to high-value applicants.”
The revenue generated by the CIP has been pivotal in supporting critical national projects and social initiatives. These include:
- Infrastructure Development: Investments in roadworks, housing projects, and the Barbuda International Airport.
- Social Programs: Funding for the increase in Social Security minimum pensions from $350 to $500 per month and subsidies for vulnerable populations.
- Debt Reduction: Contributions toward reducing the national debt, which is projected to drop to 62.3% of GDP by the end of 2024.
Prime Minister Browne emphasized that the program allows the government to address national priorities without imposing additional taxes on citizens. “The CIP provides us with the fiscal space to improve the quality of life for all Antiguans and Barbudans,” he said.
The CIP’s success is a result of strategic marketing efforts and a reputation for strong due diligence and transparency. These factors have positioned Antigua and Barbuda as a preferred destination for global investors seeking a stable and prosperous environment.
The government plans to enhance the program’s appeal by expanding investment options and strengthening partnerships with international stakeholders. “Our CIP is not just about granting citizenship; it’s about fostering sustainable growth and creating opportunities for all,” Browne remarked.
While acknowledging challenges such as increased international scrutiny, the Prime Minister reaffirmed his administration’s commitment to upholding the highest standards of compliance and accountability. This focus on integrity ensures the program’s longevity and continued success in the competitive global market.
As Antigua and Barbuda looks ahead, the Citizenship by Investment Programme remains a cornerstone of its fiscal strategy. The projected $222.9 million in non-tax revenue for 2025 will bolster the government’s ability to fund essential services, infrastructure projects, and social initiatives.
Prime Minister Browne expressed confidence in the program’s future, stating, “The CIP is a vital tool for our nation’s development, enabling us to achieve our goals while maintaining fiscal responsibility. Its continued success is a testament to our strategic vision and our commitment to building a resilient and prosperous Antigua and Barbuda.”
Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Antigua!
We offer fully customizable and flexible digital marketing packages.
Contact us at [email protected]
