Antigua & Barbuda Ranked as Having Caribbean’s Top Citizenship by Investment Programme
CITIZENSHIP REDUCED TO $100,000 USD
Antigua-Barbuda citizenship reduced to US$100,000
NEW CITIZENSHIP BY INVESTMENT OPTION
Antigua and Barbuda Citizenship by Investment
Investment-Based Immigration Opportunities
Antigua & Barbuda becomes latest Caribbean country to sell citizenship to international investors
Antigua and Barbuda Launches Citizenship Program
Antigua and Barbuda launches ‘Citizenship by Investment’
Antigua & Barbuda launches Citizenship by Investment Program
Following less than four hours of debate from both sides of the Upper House on a motion to send the Citizenship by Investment Programme (CIP) Bill to committee stage, the contentious bill was passed yesterday following a walkout by the opposition.
The Lower House of Parliament acted to return the controversial Citizenship by Investment Programme Bill to the Senate on Monday.
The CIP Bill was returned to the Upper House by approval of a resolution tabled by Prime Minister Baldwin Spencer.
Prime Minister the Hon. W. Baldwin Spencer will on Monday during a sitting of the House of Representatives move a motion for the House to adopt a Resolution to return the Antigua and Barbuda Citizenship by Investment Act, 2013 back to Senate.
Even though collecting $32 million this year is doubtful, the minister of finance has said the Citizen by Investment Programme is still beneficial to the country.
In his first interview since the Bill failed to pass through the Senate on February 13, Harold Lovell said much focus is being placed on government’s immediate projections and not the end goal.
The Citizenship by Investment bill will be re-introduced to the House of Representatives in two weeks, more than 14 days after it was rejected by the Senate.
It is not clear what changes have been made to it, if any, after the bill was snubbed by four Government-appointed senators, leading to a fall-out within the ruling administration.
A parliamentary caucus just might be the way to get the citizenship by investment legislation back on track.
Attorney General Justin Simon said a “thorough” discussion between government members of parliament and senators should be organised before the Citizenship by Investment Programme (CIP) Bill makes its way back to the Lower House for debate.
Prime Minister of Antigua and Barbuda the Hon. W. Baldwin Spencer will on Wednesday present Antigua and Barbuda’s Citizenship by Investment Programme at the 6th Global Residence and Citizenship Conference at the Madinat Jumeriah Mina A’Salam Hotel here, which is being attended by hundreds of advisors, tax lawyers, immigration specialists, family offices and trust companies who advise wealthy families internationally on new developments in residence and citizenship planning. Read more
ST JOHN’S, Antigua – Much has been made of the impact of economic citizenship on Antigua & Barbuda, however, an equally pertinent question is: “Would the region’s move towards the initiative complicate the OECS free-movement mandate?” Read more
Antigua and Barbuda has begun a series of consultations on a proposed Citizenship by Investment programme in the country.
The first of four consultations took place at the end of last week at Antigua’s Multipurpose Cultural and Exhibition Centre.
ST JOHN’S, Antigua, Thursday, October 11, 2012 – Antigua and Barbuda could join Dominica and St Kitts and Nevis as the only Caribbean nations to offer wealthy investors citizenship in exchange for them pumping significant capital into the economy.
