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Antigua and Barbuda Sells Citizenship to Attract Investment

Antigua and Barbuda Sells Citizenship to Attract Investment

The best immigration news regarding Antigua and Barbuda selling citizenship to attract investment can be found on the WorldWay investment immigration official website.

WorldWay Immigration6074 reads

According to a comprehensive report by WorldWay: The Jamaican "Observer" reported that Antigua and Barbuda hopes to sell 1800 citizenships over the next three years to attract 550 million USD in investment.

 

Individuals can obtain Antigua and Barbuda citizenship through a donation of 250,000 USD, a real estate purchase of 400,000 USD, or a business investment of 1.5 million USD. Prime Minister of Antigua and Barbuda, Baldwin Spencer, stated that this revenue will help put the country on a path of sustainable growth and development.

 

Attracting investment by selling citizenship is becoming increasingly popular among Caribbean nations. Saint Kitts and Nevis and Dominica began selling citizenship years ago, and Grenada is also about to launch a similar policy. However, some Caribbean countries oppose the sale of citizenship, arguing that it undermines the integrity of national passports and weakens citizens' national identity.

 

WorldWay Editor

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