EU pressure puts Antigua’s citizenship revenue at risk
Business · First reported 29 Oct, 18:46 · Updated 01:24

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
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