There are four options for those interested in seeking a second citizenship via the Elevay Antigua and Barbuda Citizenship by Investment Programme. It is worth noting that in August 2014, significant amendments were made to the Antigua CIP Act and Regulations. Such changes include the fact that the residency requirement was conveniently reduced from 35 days to 5 days within 5 years of procuring citizenship. Additionally, amendments were made with regard to contribution fees and processing fees.
The first option with this programme requires a non-refundable payment to NDF (National Development Fund) of $200,000 USD. The second option requires a non-refundable payment to CF (Charitable Fund) of $250,000 USD. The third option involves owning real estate in Antigua and Barbuda. The fourth and final option involves making a business investment in Antigua.
This programme is attractive to investors as there is no initial landing requirement and processing time is approximately three to six months.