Antigua And Barbuda Tightens Citizenship Program
by Mike Godfrey, Lowtax.net, Washington
22 December, 2014
Antigua and Barbuda has announced that it is to instruct its Citizenship By Investment (CBI) Unit to reject applications from residents and nationals of Afghanistan, Iraq, North Korea, Somalia, Yemen, and Iran, as well as people who have changed their name.
While limiting the list of nationals eligible for the scheme, the Government's decision also tightens the rules to restrict those using deed poll documents (evidencing a change of name). However, any citizen of the aforementioned states who lawfully resides in Canada, the US, or Western Europe may apply, providing they pass the territory's additional due diligence checks.
The Government said the change is intended to safeguard the integrity of the CBI program, which was introduced in 2013 and has raised more than USD50m since its inception.
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