{"id":22217,"date":"2018-10-18T00:45:35","date_gmt":"2018-10-18T04:45:35","guid":{"rendered":"http:\/\/www.escapeartist.com\/?p=22217"},"modified":"2020-09-21T06:45:49","modified_gmt":"2020-09-21T11:45:49","slug":"antigua-and-barbuda-citizenship%e2%80%8a-%e2%80%8anew-university-fund-option","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/antigua-and-barbuda-citizenship-new-university-fund-option\/","title":{"rendered":"Antigua and Barbuda Citizenship\u200a\u2014\u200aNew University Fund\u00a0Option"},"content":{"rendered":"<h2><strong>Antigua and Barbuda Citizenship\u200a\u2014\u200aNew University Fund\u00a0Option<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">On 11 October 2018, the citizenship-by-investment unit of Antigua and Barbuda announced a new qualifying investment option under the citizenship-by-investment program of Antigua and Barbuda. This new option shall be the fourth investment option under this citizenship program and will not replace the existing three option (donation, real estate and business investments); rather it will complement the existing options.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The announcement follows the Cabinet\u2019s decision of September 6th, 2018. The new option termed the \u2018University of the West Indies Fund\u2019 option will be a mechanism for financing UWI\u2019s fourth landed campus.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Under this unique option, which also opens doors to (free one-year) study in the future for one of the family members at the planned University of West Indies (UWI), Antigua and Barbuda shall maintain its position as the most cost-effective program for a family of four even after the expiration of its limited-time NDF (donation) option.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The government will begin receiving applications under this option with immediate effect. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Features of this option are:<\/span><\/p>\n<ul>\n<li><i><span style=\"font-weight: 400;\">Applicants to the Citizenship by Investment Program who choose this option will be required to make an investment of USD 150,000 for a family of four (4) or more (i.e. minimum number of persons per application is 4).<\/span><\/i><\/li>\n<li><i><span style=\"font-weight: 400;\"> Participation in the option will entitle one member of the family to a one year, tuition only, scholarship at the University of the West Indies.<\/span><\/i><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Government processing fees, under this option, shall be USD 25,000 for a family of four, with incremental payment of USD 15,000 for each additional dependent.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Standard due diligence and passport fees also apply. <\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">This unique option will not only entitle the investors to qualify for citizenship of this beautiful country, with a well-regarded passport, but will also make them contributors to a great cause &#8211; that is education. In addition, one of the family members will also be entitled to free tuition at the planned university.<\/span><\/i><\/p>\n<p><a href=\"https:\/\/drive.google.com\/file\/d\/1NOdttxEQ1WmVsiyy0rUJHJ7AOsLYUSk-\/view\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><span style=\"font-weight: 400;\">Antigua-Barbuda Visa-free Destinations.pdf<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Edit descriptiondrive.google.com<\/span><\/a><\/p>\n<p><i><span style=\"font-weight: 400;\">Become citizens today by investing in leaders of tomorrow \u00a9.<\/span><\/i><\/p>\n<h2><b>About the University of West\u00a0Indies:<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The University of the West Indies (UWI) is a dynamic international institution, serving primarily the countries of the Commonwealth Caribbean, and also boasts a number of international students from around the world\u200a\u2014\u200awith the total number of graduates crossing 100,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The university was founded in 1948, on the recommendation of the Asquith Commission formed by the Vice Chancellors of the UK universities, through its sub-committee on the West Indies chaired by Sir James Irvine. The Asquith Commission had been established in 1943 to review the provision of higher education in the British colonies. Initially in a special relationship with the University of London, the then University College of the West Indies (UCWI) was seated at Mona, about five miles from Kingston, Jamaica, which was acquired at the historic Gibraltar World War II Camp at a cost of \u00a312,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The University, as of now, boosts three physical campuses (Mona, Jamaica; Cave Hill, Barbados; St. Augustine, Trinidad and Tobago). In addition, there\u2019s an Open Campus. The New University Fund Option will, thus, be the fourth physical (landed) campus.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">From Emmy Award to Nobel Prize winners, CEOs to entrepreneurs, academics to artists, leaders of nations to leaders across all sectors, UWI\u2019s network of alumni is impacting the globe. The institution\u2019s distinguished list of Honorary Graduands boasts the likes of Usain Bolt, Brian Lara, Rt. Rev Bishop Desmond Tutu, His Imperial Majesty Haile Selassie I, Her Majesty Queen Elizabeth The Queen Mother.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">23 current or former Caribbean Heads of Government are UWI Graduates<\/span><span style=\"font-weight: 400;\">, including at least three incumbent Prime Ministers namely Dr. the Rt. Hon.\u00a0<\/span><b>Timothy Harris<\/b><span style=\"font-weight: 400;\">, Prime Minister of St. Kitts and Nevis; Dr. the Rt. Hon.\u00a0<\/span><b>Keith Mitchell,\u00a0<\/b><span style=\"font-weight: 400;\">Prime Minister of Grenada; Dr. the Hon.\u00a0<\/span><b>Ralph Gonsalves<\/b><span style=\"font-weight: 400;\">\u00a0(the longest continuously serving head of government since St. Vincent and the Grenadines became independent in 1979).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Contact us to learn more about this exciting new investment option\u200a\u2014\u200aand open new horizons for yourself and your families.<\/span><\/p>\n<h2><b><i>About the Author:<\/i><\/b><\/h2>\n<p><i><span style=\"font-weight: 400;\">The article is written by Dr. Hussain Farooq who is the President of HF Corporation, a citizenship and investment advisory firm.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">HF Corporation on one side advises the high net worth individuals on acquisition of second citizenship and residence, by way of citizenship-by-investment; while on the other hand it runs a government-advisory practice that liaises with different governments to build up strategies for bolstering foreign direct investment, in their respective countries, through (re) structuring and promotion of such programs. <\/span><\/p>\n<p><span style=\"text-decoration: underline;\">Want more information about investing abroad in Antigua and Barbuda? <a title=\"Contact us HERE\" href=\"https:\/\/www.escapeartist.com\/contact\/\" target=\"_blank\" rel=\"noopener noreferrer\">Contact us HERE<\/a><\/span><\/p>\n<p><strong>I hope you got value from this article: Antigua and Barbuda Citizenship ~ New University Fund Option<\/strong><\/p>\n<p><strong>Here are a few additional articles that I know you&#8217;ll love reading:<\/strong><\/p>\n<p><strong><a class=\"LinkSuggestion__Link-sc-1mdih4x-2 jZPuuT\" title=\"Becoming a Citizen Expat in Antigua\" href=\"https:\/\/www.escapeartist.com\/blog\/becoming-citizen-expat-antigua\" target=\"_blank\" rel=\"noopener noreferrer\">Becoming a Citizen Expat in Antigua<\/a><\/strong><\/p>\n<p><strong><a class=\"LinkSuggestion__Link-sc-1mdih4x-2 jZPuuT\" title=\"Antigua and Barbuda offer a great citizenship by investment program\" href=\"https:\/\/www.escapeartist.com\/blog\/antigua-barbuda-offer-great-citizenship-investment-program\" target=\"_blank\" rel=\"noopener noreferrer\">Antigua and Barbuda offer a great citizenship by investment program<\/a><\/strong><\/p>\n<p><strong><a class=\"LinkSuggestion__Link-sc-1mdih4x-2 jZPuuT\" title=\"Working in Antigua\" href=\"https:\/\/www.escapeartist.com\/blog\/working-in-antigua\/\" target=\"_blank\" rel=\"noopener noreferrer\">Working in Antigua<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Antigua and Barbuda Citizenship\u200a\u2014\u200aNew University Fund\u00a0Option On 11 October 2018, the citizenship-by-investment unit of Antigua and Barbuda announced a new qualifying investment option under the citizenship-by-investment program of Antigua and Barbuda. This new option shall be the fourth investment option under this citizenship program and will not replace the existing three option (donation, real estate [&hellip;]<\/p>\n","protected":false},"author":308,"featured_media":22218,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1399],"tags":[49,71,127,235,442,451],"yst_prominent_words":[3619,3618,22126,25451,2660,2732,14491,4247,24917,24919,5435,13271,24918,24920,14487,14485,14490,14488,14486,14489],"acf":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.escapeartist.com\/wp-content\/uploads\/2018\/10\/image1-1.png","_links":{"self":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/22217"}],"collection":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/users\/308"}],"replies":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/comments?post=22217"}],"version-history":[{"count":9,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/22217\/revisions"}],"predecessor-version":[{"id":42089,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/22217\/revisions\/42089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/media\/22218"}],"wp:attachment":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/media?parent=22217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/categories?post=22217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/tags?post=22217"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/yst_prominent_words?post=22217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}