REAL ESTATE INVESTMENT
The Citizenship by Investment Program will allow the purchase of residences valued at a minimum of US$400,000.00 in an approved development within a zoned area as approved by the cabinet of Antigua and Barbuda. The country has an inventory of units as well as projects under construction. With respect to developments under construction these will be listed as off-plan purchases and require an escrow arrangement to protect the applicant. It is anticipated that the escrow arrangements will be monitored by the Citizenship by Investment Unit in order to maintain the integrity of the program.
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The retention of the current minimum investment amount of US$400,000 modified by the permanent inclusion of a co-application option at minimum US$200,000;
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The resale, at the end of the five (5) year renewal period, of real estate units and shares, previously purchased by applicants under the programme, to subsequent applicants as eligible investments. Property and/or shares may only be resold once under the Citizenship by Investment Programme.
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Creation of a third pathway for applying under the real estate option where the full purchase price of a unit shall be no less than US$200,000 (EC$540,000); Effective 1st April 2020.
- Developers with existing inventory which may be sold at this price may utilize this pathway.
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New developments where units are to be priced for this pathway may apply for designation as an approved real estate development.