Story
Trending

EU pressure puts Antigua’s citizenship revenue at risk

Business · First reported 29 Oct, 18:46 · Updated 01:24

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

Antigua and Barbuda is likely to phase out its citizenship-by-investment program under EU pressure, putting government revenue and projects funded by passport sales at risk.

  • Prime Minister Gaston Browne said Antigua would “very likely” commit to phasing out the program after the EU set a November 12 deadline for five Eastern Caribbean nations to agree to close their schemes by June 1, 2028.
  • Antigua collected about $58 million from citizenship sales in 2025 and budgeted $44.4 million for 2026; an analyst estimated ending the program would erase more than half of this year’s projected primary surplus.
  • The EU says the programs create security risks and could lead to suspension of visa-free access to the Schengen area; analysts say losing that access could also affect projects financed through passport sales.
Summary written by Lux AI from 2 articles

Key facts

Antigua 2025 citizenship-sale revenue
About $58 million
Antigua 2026 budgeted program revenue
$44.4 million
EU deadline for agreement
November 12
Proposed scheme closure date
June 1, 2028

Source spectrum

Far left
Left
Lean left
Centre
Lean right
Right
Far right

Left 0 · Centre 2 · Right 0 of 2 rated sources

All coverage

Coverage over time

0121820220002
LeftCentreRight

Articles per hour since first reported, by side.

Ownership

  • Non-profit 50% (1)
  • Corporation 50% (1)

Share of the 2 sources by owner type.