Investing in Antigua and Barbuda | About Antigua & Barbuda
14
page-template,page-template-full_width,page-template-full_width-php,page,page-id-14,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-8.0,wpb-js-composer js-comp-ver-4.4.3,vc_responsive
 

About Antigua & Barbuda

Why Invest in Antigua and Barbuda

Antigua and Barbuda, two islands that give the country its name, lie between the Atlantic Ocean and the Caribbean Sea. Several uninhabited small islands, including Redonda, also belong to this nation, which gained its independence from the United Kingdom in 1981.

With its temperate climate, its many beaches, its well established transportationnetwork, and its favorable attitude toward new citizens, Antigua and Barbuda have much to offer investors and their families. Here are a few points to consider:

  • Low crime rate
  • High level of education and skills among residents
  • Political stability
  • Business friendly banking
  • Financial incentives
  • Investor protection
  • Dual citizenship, which makes it possible to retain citizenship with the country of origin after becoming a citizen of the nation of Antigua and Barbuda
  • Two international primary/secondary schools
  • Modern schools of higher learning, including two highly respected medical schools
  • Technologically advanced hospitals
  • Excellent television and radio media, plus a daily newspaper, the Daily Observer
  • Easy availability of sports activities, including cricket, football, snorkeling, scuba diving, surfing and boat racing
  • Many cultural events
  • Popular tourist destination
  • Licensed agents and government-approved service providers able to guide you every step of the way while safeguarding your information and protecting you from becoming a victim of fraud

Fascinating Details About the Twin-Island Nation of Antigua and Barbuda

Located in the Caribbean Sea and named after the country’s two largest islands, the territory of Antigua and Barbuda became an independent nation in 1981. Colonized and ruled by the British in the 1600s, the territory joined the West Indies Federation in 1958. In 1967, after dissolution of the federation, Antigua and Barbuda became one of the West Indies Associated States and governed its own internal affairs.┬áIt gained full independence on November 1, 1981. Every year, the nation’s citizens commemorate Independence Day with a joyous week of celebration.

Governance and Alliances

Antigua and Barbuda’s national capital is Saint John’s, located on the island of Antigua. The country is governed by a constitutional monarchy comprised of a prime minister and cabinet, a governor-general, and members of parliament.

Besides being a member of the Eastern Caribbean Regional Security System, the country is a member of the Commonwealth of Nations, the United Nations, the World Trade Organization, the Organization of Eastern Caribbean States, the Caribbean Community, the Organization of American States and the Bolivarian Alliance for the Americas.

Attitude Toward Investors

Antigua and Barbuda welcomes investors from other countries. Several statutes are in place to protect investor assets, provide tax incentives and tax holidays, and attract businesses that will provide employment for residents and bring in foreign exchange currency.

The current Citizenship by Investment program provides a strong incentive for residents of other nations to buy property or invest in certain markets such as tourism, higher education, construction, light manufacturing, international financial services or medical research facilities.

Geography and Climate

Temperate weather dominates Antigua and Barbuda. The Atlantic Ocean lies on one side, the Caribbean Sea on the other. Sunny weather interspersed with rain makes vegetation green year-round. Rarely does the thermometer climb above 85 or below 70 degrees Fahrenheit.

Edging the two islands are so many beaches that a person could visit a different beach every day for almost a full year. On the Atlantic side, spectacular waves sometimes are seen, and the beaches are full of seashells and driftwood. The calmer waters of the Caribbean Sea, on the other hand, are perfect for water sports.

The 62 square miles that make up the island of Barbuda is mostly flat. Inland, dense brush provides the perfect habitat for many kinds of wildlife seldom seen on other Caribbean islands.

The hilly surface area of Antigua, the larger of the two islands, totals 171 square miles. Its coastline is very irregular. More developed than Barbuda, Antigua offers many tourist attractions and has a network of parks, nature preserves and historical sites.

Population and Culture

In 2014, the total population of Antigua and Barbuda was 90,903. The nation’s capital, Saint John’s, has a population of approximately 31,000. The next largest city, about one tenth the size of Saint John’s, is All Saints. Codrington, the only city in Barbuda, is smaller yet.

A blend of British and West African cultures provides a unique mix in the cultural atmosphere of Antigua and Barbuda. The majority of the nation’s residents are descendants of sugarcane plantation slaves. Slavery was abolished in 1834, and a national carnival, held every year in August, commemorates the date.

Because more than 4,500 American citizens live in Antigua and Barbuda, American fashions and culture have made their mark. United States television broadcasts air regularly, and football has become popular. Cricket, however, is the national sport.

The hilly surface area of Antigua, the larger of the two islands, totals 171 square miles. Its coastline is very irregular. More developed than Barbuda, Antigua offers many tourist attractions and has a network of parks, nature preserves and historical sites.

Activity Highlights

Antigua and Barbuda offers a wealth of things to see and do, both for residents and for visitors. Here are a few highlights:

  • Tour Fort James, in Saint John’s, via your own rented Segway.
  • Travel with your tour guide to Bird Island, then go snorkeling and kayaking in the Caribbean Sea.
  • Go for a horseback ride along the seacoast, and enjoy a warm-water swim with your horse.
  • Travel above the treetops on a zip line to view the Antigua rain forest.