Antigua and Barbuda, a picturesque Caribbean country, is seeing transformative growth in its real estate sector, spurred by strong tourism momentum and an appealing Citizenship by Investment (CBI) program. This landscape offers exciting opportunities for investors aiming to leverage a flourishing market.
Charming Destination
Known for its amazing beaches, rich culture, and welcoming atmosphere, Antigua and Barbuda presents a unique blend of natural beauty and modern conveniences. With a total area of just 108 square miles, the islands attract both tourists and investors alike.
Growing Tourism
Tourism remains vital to Antigua and Barbuda’s economy, generating over 60% of national income. By mid-2024, the number of overnight visitors increased by an impressive 15% compared to the same period in 2023, fueling demand for real estate, particularly in prime areas.
Growing Economy
Antigua and Barbuda’s economy is forecasted to grow by 6.3% in GDP as of the first half of 2024, indicating a strong recovery post-pandemic and underscoring the country’s economic resilience.
Increase in Citizenship Applications
Interest in the CBI program has risen sharply, with 739 applications submitted by mid-2024—a remarkable 205% increase from 2023. This trend underscores robust interest from foreign nationals looking to secure citizenship through real estate investment.
Investment Requirements for the Citizenship Program
For those seeking citizenship via real estate investment, the following criteria must be met:
- Minimum Investment is $325,000
- Investment must be maintained for at least five years
- Properties must be located in government-approved regions across Antigua and Barbuda
Types of Property
Antigua and Barbuda offer a variety of property options, each suitable for different investment strategies:
-Villas and Luxury Homes
- Hotel Shares
Options of Ownership
Investors can choose from multiple ownership types:
- Freehold Ownership: Full property ownership
- Shared Ownership: Co-investment opportunities in larger developments or hotel shares
Reasons to invest in Real Estate in Antigua and Barbuda?
Investing in Antigua and Barbuda’s real estate market offers numerous advantages:
- Strong Economic Growth: A healthy GDP growth rate fosters an attractive investment environment
- Tax Benefits: No personal income, capital gains, or inheritance tax
- Path to Citizenship: The program offers a streamlined route to citizenship for investors and their families
- Potential Rental Yield: Rental yields range are very good especially in tourist-oriented properties
- Diverse Property Options: A variety of properties align with diverse financial objectives
- Stable Market: Limited land availability and growing demand contribute to consistent price appreciation
How We Can Help
Business Magnet offers expert guidance throughout Antigua and Barbuda citizenship by investment process. Our dedicated team supports you at every step starting from selecting the ideal property to ensuring compliance with all legal requirements. With our expertise, you can confidently navigate the application process.
Contact us today and start your journey toward global citizenship.