Above: Antigua’s Parliament

By the Caribbean Journal staff

Antigua and Barbuda’s government has officially opened its new Citizenship Investment Unit.

The unit, which will be led by Canadian Don Myatt, will be housed in the ABI Financial Centre. It will work to implement the country’s Citizenship by Investment programme, which offers citizenship in return for varied levels of monetary investment in the country.

The lowest level of investment required is a $250,000 investment in Antigua’s country’s National Development Fund.

Myatt will be supported in the Unit by an operations compliance officer, project development officer, financial comptroller, compliance officer, operations clerk and secretary, the government said.

Antigua launched the new programme in 2012 and passed it in 2013, the latest country to do so in the Caribbean.