Antigua and Barbuda has a long-standing history of providing luxury tourism, attracting over 45,000 visitors by private yacht in 2011. The highly developed tourism industry in Antigua and Barbuda makes the twin-islands a fantastic destination for investors wishing to gain Antigua citizenship through a real estate investment.
Strong global competition has affected the tourism industry and therefore the islands’ economy and has led in part to the creation of the citizenship-by-investment programme.
ICB have an in-depth knowledge of and regularly evaluates the real estate market in order to be able to offer clients the best investment options, for security, resale ability and better value. Property values in Antigua and Barbuda are relatively low and offer a high quality range of options.
The citizenship-by-investment programme offers the option to invest in real estate, and thus recover your funds (after the five year minimum holding period). To qualify for citizenship under the real estate option, the government requires applicants to make an investment in designated, officially approved real estate. In addition, two or more applicants who have executed a binding sale and purchase agreement may apply jointly for citizenship by investment provided that each applicant contributes the minimum investment.
Beneficial ownership of real estate is permissible through a non-profit company provided that the company has issued all of its authorised shares to the applicant(s), is established and is in good standing under the laws of Antigua and Barbuda, is not an exempt or offshore entity and submits irrefutable evidence as to its beneficial ownership, which evidence shall be certified by the Registrar of Companies.
Please speak to one of our advisors who will present the most desirable, and most up to date real estate currently available for purchase in Antigua.