With year-round sunshine, 365 pristine beaches and, favourable personal tax structures, this twin-island nation appeals. It’s an attractive destination if you’re seeking a powerful second passport. Here’s our guide to property investment in Antigua and Barbuda.
Antigua and Barbuda offers a number of routes to citizenship via its Citizenship-by-Investment Programme (CIP). One of the most popular requires an investment of US$100,000. This rises to U$200,000 if you’re investing in approved real estate.
The property route to citizenship isn’t the most affordable, but it gives applicants the opportunity to enjoy the benefits of living life in the Caribbean – whether it be on holiday or as a permanent resident.
Property investment in Antigua and Barbuda will pay off. The market has been buoyed by the success of the CIP, and rental incomes are high as tourism booms. The country is one of the most easily accessible in the Caribbean, with regular direct flights from the USA, Canada, and Europe.
Property in the islands is varied, from grand colonial villas to beachfront condo developments. Christopher Willis, Latitude’s Managing Director in the Caribbean, has spent the last five years guiding clients through the Antigua and Barbuda CIP application process, finding many property hotspots along the way:
“Antigua is a small but perfectly formed Caribbean island, with countless beautiful spots to purchase property. But if you’re looking for brilliant location, facilities. and atmosphere all rolled into one, you can’t beat Tamarind Hills or Nonsuch Bay.”
Nestled between two stunning beaches, Tamarind Hills sits on a bluff overlooking the clear turquoise waters of the Caribbean. The two beaches are connected by a boardwalk and lead to a private beach club. The luxury development is only a short drive away from the Jolly Harbour marina and its plethora of restaurants, shops, and bars.
From luxury villas with infinity-edge pools and private terraces to one-bedroom boutique suites, there is something for everyone’s taste. All residences have private pools, European-style kitchens and bathrooms, and large outdoor living spaces. They also offer property management services to ensure hassle-free ownership.
A fine example of the living spaces at Tamarind Hills
Surrounded by the ocean on three sides and set against a backdrop of lush green hills, Nonsuch Bay is a stunning location. The peninsula which protects the bay offers breathtaking views over the barrier reef.
Property in Nonsuch Bay includes luxury beachfront condos and beautifully-appointed 3- and 4-bedroom private houses. The surrounding area is quiet, perfect for those wanting privacy and relaxation. If you would prefer to design and build your own dream home, plenty of prime land is still available. They also offer one-bedroom suites tied to the hotel for those looking to earn rental income.
The opportunity to experience the Caribbean lifestyle isn’t the only benefit of acquiring citizenship in Antigua & Barbuda. Additional benefits include:
As an Antigua and Barbuda citizen you can enjoy visa-free travel to the European Schengen Area, the UK, South Africa, Hong Kong, and Singapore.
Antigua and Barbuda operates an attractive personal tax regime with no capital gains or inheritance taxes. They recently abolished personal income taxes, relying instead on corporation and sales tax.
Yous only need to spend five days in Antigua and Barbuda within the first five years of the passport being issued. This gives you the freedom to stay for as long or as little as you desire.
If property investment in Antigua and Barbuda is your to-do list, contact us. We’ll be happy to discuss making your citizenship dreams a reality.
Imagery courtesy of www.tamarind-hills.com