Antigua – Citizenship by Investment Program

Antigua has announced changes in effect for files submitted on or after April 1, 2020:

The minimum real estate investment amount has been reduced to USD $200,000
The principal applicant’s Government application fee is $30,000 for all investment options
A real estate investment may be resold only one to another Citizenship by Investment applicant
Iraq is no longer a restricted country (so Iraqi citizens may apply for Antigua citizenship)
Applicants from a restricted country must live in anynon-restricted country for 10 years before applying for citizenship (changed from applicants needing to reside in Canada, USA, UK, etc. for 10 years)
Antigua has announced a new investment option in May 2020: The University of the West Indies Fund:

There must be at least 6 people in the family
The investment amount is USD $150,000 for the family of 6 (includes Government fees) and USD $15,000 for each additional dependent
One family member receives free tuition to the University of the West Indies for 1 year
An Antigua passport allows visa-free travel to many countries worldwide, including the U.K, the European Union, Hong Kong, Russia, India, Bolivia, and Kosovo. Antigua is in discussions with the UAE and China to allow visa-free access to those countries as well. Antigua has implemented a simplified passport-renewal process (once passports expire in 5 years).

Iranians are eligible to apply as long as they have permanent residence status in any non-restricted country, have resided outside Iran for at least 10 years, and maintain no economic ties to Iran.

Grenada – Citizenship by Investment Program

Grenada has expanded the definition of a dependent to include the following:

Age 18+ unmarried and childless siblings of the principal applicant and spouse (additional fees apply);
Parents of the principal applicant or spouse, under age 55, who are fully dependent on the principal applicant and spouse (additional fees apply);
Babies born to the principal applicant and spouse within 1 year of citizenship issuance to the principal applicant.
As of April 1, 2019, two investors may share ownership of a unit in a Tourism Accommodation approved project, and invest USD $220,000 each (for a total investment of USD $440,000 in the unit).

Grenada has recently opened a consulate in Dubai, UAE. This consulate will serve the UAE and Middle East region.

Grenada is the only Caribbean country that allows citizenship to be passed along to investors’ future spouses and children. There is no residency, language, education, or interview requirement, and both cash and real estate investment options are available.