Image result for CIP WInn FM

(Antigua Observer) The outgoing Chief Executive Officer of the Citizenship by Investment Unit (CIU), Chisanga Chekwe, said the decision of other countries offering Citizenship by Investment Programmes (CIPs) to lower their fees under the National Development Fund (NDF) option, could turn out to be good for Antigua & Barbuda.

Up until January this year, the qualifying contribution for a single applicant under the NDF was US $200,000 for both St Lucia and Antigua & Barbuda.

But St Lucia has since dropped the cost to half that amount, making it the least expensive CIP of the five countries in the Organisation of Eastern Caribbean States (OECS) that offer the programme.

For Dominica’s CIP, a single applicant also has a US $100,000 price tag and in Deember, the processing fees were lowered by several thousand dollars, while it provides allowances for more dependents at lower rates on real estate applications.

Read more

Author: Sourced InformationEmail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Recent Articles

Add comment


Security code
Refresh

Top Regional News

West Indies News Network (WINN FM 98.9)
Unit C24, The Sands Complex
Newtown Bay Road, Basseterre
St. Kitts, West Indies

Telephone
St. Kitts (Office): 869.466.9586
St. Kitts (Studio-On Air): 869.466.0989
Miami: 1.305.921.4619

New York: 1-718-285-6984
UK : 0333 -344-0065

Copyright © 2016 West Indies News Network. All rights reserved.

Website Design & Development: Genesis Creatives, St. Kitts Nevis