It just got cheaper to buy A&B citizenship

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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. 

 

 

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7 COMMENTS

  1. Wow wow and the people that supported the winning party don’t thing this is wrong. How can our passport be so cheap, I am hurt and disappointed in how our value for our passport is down to the ground. Shame on all of you UPP and ABLP. The ruling party abuse it and now want to kill poor people with the ridiculous bills they are sending around God not sleeping tarl. Teaman don’t care for no dam correct figure it’s totally wrong am😡😡😡😡😡😡

  2. This is an insult not only to Antigua but to the rest of the caricom countries. It sounds like the Antiguan government has an excess inventory of passports that they need to get rid by the end of the year.

  3. No vision what so ever. Please Can the Churches pray in secret for Antigua as all the Noisy prayers and them not working.

Comments are closed.