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Citizenship by Investment

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Citizenship by Investment

In an age of the increasing need for mobility, becoming a global citizen has never been more desirable.  In response to this market demand, Antigua and Barbuda’s Citizenship by Investment program(CIP) is already proving very popular with investors. Speedy processing and the quality of real estate offerings give the program a serious competitive advantage.

With tourism being the main driver of the economy, the government, in considering various options to jumpstart the economy, saw the CIP as the most effective way to re-attract foreign direct investments, renew interest in the real estate market and spur investment in the general economy.

The Antigua and Barbuda CIP Act was passed in April 2013. The Citizenship by Investment Unit (CIU), a creature of the legislation, was staffed on August 26, 2013, and opened for business on October 10, 2013. The CIU is responsible for processing applications and for recommending the approval of real estate and business investment options. The first application was received in November of that year with the first citizenship granted in February 2014.

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