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Chinese Account for Half of Antigua CIP Applicants – Program Interest up 27% on Year

Chinese Account for Half of Antigua CIP Applicants – Program Interest up 27% on Year

In the first half of 2017, Antigua & Barbuda’s Citizenship by Investment Programme received 27% more applications – 187 compared to 147 – than in the first half of 2016, shows the Citizenship by Investment Unit’s 6-month report, published today.

The set of figures released covers the period preceding last year’s dreadful hurricane season which, beyond wreaking havoc and costing lives, became the pretext for a series of price cuts among Caribbean CIPs. In October last year, Antigua & Barbuda lowered its NDF contribution requirement from US$ 200,000 to US$ 100,000, citing a collapse in interest in its program due to discounts among its competitors. 

By Courtesy of imidaily.com

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