Grenada, Antigua and Barbuda announce price increases for citizenship-by-investment programmes

Overview of price increases

In Grenada, for a family of up to four, the National Transformation Fund (NTF) contribution has increased from USD 200,000 to USD 235,000 while the government-approved real estate investment projects option has increased from USD 220,000 to USD 270,000. Industry analysts have warned that a price hike for the real-estate investment option could rise to as high as USD 400,000 in the future, so if you’ve been considering an investment, it’s probably best to act sooner rather than later.

In Antigua and Barbuda, the following price changes have occurred:

• Minimum contribution to the National Development Fund (NDF) – USD 230,000, up from USD 100,000
• Minimum threshold for the contribution to the University of the West Indies (I-NT) Fund – USD 300,000
• Minimum threshold for real estate – USD 325,000

Securing global freedom

Despite the price hikes, both citizenship-by-investment programmes offer an attractive second citizenship solution for investors seeking greater global mobility, enhanced visa-free travel and to reduce their reliance on one sole State.

The Grenada and the Antigua and Barbuda programmes are particularly great choices if you have children or family scattered around the world and want to visit at short notice. They are also ideal if you enjoy frequent travel and need greater global mobility. Both passports grant you six months consecutive stay in the UK per annum, and 90 days out of each 180-day period in the Schengen area, plus visa-free travel to more than 140 other destinations.

Benefits of the Grenada citizenship-by-investment programme

The Grenada citizenship-by-investment programme offers the opportunity for you and your family to obtain second citizenship rights and passports within seven to nine months without leaving your home country.

The programme offers:

• Visa-free travel to 148 countries including the UK, the Schengen Area, China and Singapore 
• No minimum-stay requirement 
• Full residency and working rights across all four Caribbean nations

In addition to its tropical island lifestyle and beautiful white sand beaches, Grenada offers an enticing tax regime with no tax on worldwide income.

Adult children up to the age of 29, parents over the age of 55 and single siblings with no children may also be included in the application.

Grenada price increase details

NTF contribution option

Approved Real Estate Investment Projects option

• Family of up to four has increased from USD 220,000 to USD 270,000
• Government contributions:

Benefits of the Antigua and Barbuda citizenship-by-investment programme

Antigua and Barbuda, with its vibrant tropical environment and beach culture, is well known for its efficient citizenship-by-investment programme which allows applicants to retain their original citizenship.

The programme offers visa-free travel to 154 countries including the Schengen Area, the UK, China, Hong Kong and Singapore.

There is no residency requirement and investors can include a spouse, minor children, financially dependent children up to 30, financially dependent parents and grandparents 55 and older, and financially dependent unmarried siblings.

Tax benefits include no personal income tax, capital gains, inheritance tax, or tax on foreign income.

Antigua and Barbuda price increases

The latest increases announced by Antigua and Barbuda for their citizenship-by-investment programme, subject to parliamentary approval, are as follows:

If you’re interested in hearing more about the Grenada and Antigua & Barbuda citizenship-by-investment programmes, get in touch with our expert Real Estate and Investment Migration team at im@sableinternational.com or call +27 (0) 21 657 1584.