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When will Antigua & Barbuda’s CBI program start accepting payments in Chinese RMB?

I read that Antigua & Barbuda’s CBI program will soon start accepting investment in Chinese RMB. When will the change become effective? What are some requirements when using the program with this type of payment?


Answers
  • Caribbean Lifestyle Services
    January 23, 2019

    There have been talks among the policymakers in Antigua about this, but plans have not yet been finalized. As soon as there is something more concrete, we will advise.

  • Citizens International
    January 23, 2019

    We are awaiting information from the Antigua and Barbuda government citizenship-by-investment unit regarding their RMB bank account and when they will begin accepting payments. We understand that RMB payments will be possible from late February 2019, and we will be making an announcement as soon as we have the details including any requirements that may differ from the existing requirements for payments in U.S. dollars.

  • Grant Thornton
    January 23, 2019

    At the moment we are waiting for a detailed advisory from the government’s citizenship-by-investment unit. Until then, it is difficult to forecast when this might become a reality.