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ANTIGUA & BARBUDA CBI PROGRAM NOW ACCEPTING SIBLINGS AS ELIGIBLE DEPENDENTS

The Antigua & Barbuda Citizenship by Investment Unit has announced on the 18th of November 2020 new legislation to increase the scope of qualifying dependents under the Citizenship by Investment Program. See program updates below:

EXPANSION DEFINITION OF DEPENDENTS

1. A current spouse of the principal applicant;
2. A child of the principal applicant, or of his or her spouse, who is 0-30 years of age and is financially dependent on the principal applicant;
3. A child of the principal applicant, or of his or her spouse, who is 18 years or older but who is physically or mentally handicapped and who is living with and is fully supported by the principal applicant;
4. A parent or grandparent of the principal applicant, or of his or her spouse, who is fifty-five years of age or older and who is financially dependent on the principal applicant.
5. A sibling of the principal applicant, or of his or her spouse, if unmarried;
6. A future spouse of the principal applicant. A fee of US$50,000 is payable upon application;
7. A future spouse of dependent children where the dependent child is financially dependent on the principal applicant; and
8. A future child of a dependent child. A fee of US$10,000 is to be payable for children under 5 years of age and US$20,000 for children 6 - 17 years of age.

Cabinet also approved the following:

1. The fee to add a child shall be US$10,000 for children under 5 years of age and US$20,000 for children 6 - 17 years.
2. The fees for the addition of adult dependents shall be reduced from US$75,000 to US$50,000.
3. There shall be no time restriction on when a dependent may be added to an application.