Are you looking to expand your business? Create a new home in a different part of the globe? Retire in a piece of paradise?
Why not combine business and leisure in one place? With a second passport — which you can obtain with the right property investment in a place like Antigua and Barbuda — you can achieve just that.
By virtue of a second passport, you can make your Caribbean dreams come true. Simply by applying for a second citizenship in countries like Antigua and Barbuda, Dominica, Grenada, or St. Kitts and Nevis, you can enjoy a host of benefits that will enhance your lifestyle.
According to Investment Migration Insider, up until 2018, there were close to 40,000 economic citizens worldwide who have invested in second passports. These numbers indicate how bullish the citizenship by investment market has become over the years. In Antigua and Barbuda alone, the surge in Antigua citizenship applications led to a 109% increase in 2018 compared to the previous numbers in 2017.
This only shows that many like-minded individuals have a healthy appreciation for the benefits they stand to gain by being a citizen of a Caribbean country.
Aside from making a donation to a government fund or investing in an approved business, one can also gain second citizenship through the purchase of Caribbean real estate. These investments can allow you and your family to enjoy several benefits, such as:
- Opportunity to extend your business network
- Wealth preservation
- Visa-free access to more than 150 jurisdictions
- Personal security
- Access to alternative education
Alluring Antigua & Barbuda
With its year-round tropical climate, warm hospitality, and rich environs, it is no wonder that a mix of international personalities, celebrities, and ultra high net worth individuals have made Antigua and Barbuda their second home. Add to that the promise of not having to pay capital or inheritance tax, or personal income tax should you decide to relocate and become a permanent resident and tax payer in due course, and this island nation can be seen as a true haven.
Here are other excellent benefits of being a citizen of Antigua and Barbuda:
- You get the best value if applying as a family compared with the other Caribbean Citizenship by Investment Programs
- No interview is required
- Dual citizenship is permitted with no need to renounce your current citizenship unless it is required by your home country
- Dependent children (up to 26 years old) and / or dependent parents (58 years old or older) may be included
- Clear and efficient processing in less than six months
- Antigua and Barbuda is the flight hub of the region
- You get excellent investment prospects in a steadily growing economy
As one of the top real estate destinations in the region, Antigua and Barbuda offers high value real estate selections that you can choose from.
Here are some of the best offers that you should seriously consider:
1. Daniel Bay
A gated luxury waterfront community, Daniel Bay offers the height of luxurious living coupled with exclusivity. With only five European-inspired contemporary villas, you are assured of privacy and peace while reveling in the splendor of the Willoughby Bay and the sparkling waters of the Caribbean Sea.
Nestled in the much sought-after southeast coast of Antigua, Daniel Bay is a five-minute drive to the popular English Harbour. You can also charter a plane or helicopter for an exhilarating excursion to the neighboring St. Barth’s. Daniel Bay’s surrounding waters also afford you plenty of opportunities to indulge in your favorite water sports such as kayaking, kite surfing, or wind surfing.
Developed by a premier contemporary design specialist, Blueprint Development, along with a professional team of European architects and construction crew, you can be assured of a home with excellent quality. And with the 24-hour concierge service that can organize an array of services, you can surely look forward to a splendid home here.
2. Tamarind Hills
Tamarind Hills is an absolute gem on our Antiguan shores.
Enjoying an exclusive location on the west coast, this almost-completed resort offers beautiful studios, apartments and townhouses and sits between two of Antigua’s best beaches and minutes from one of the island’s most famous restaurants, one not to be missed, Sheer Rocks.
With breathtaking sunset views looking towards the neighboring islands of Nevis and Montserrat, Tamarind Hills is a spectacular and very popular base from which to enjoy the island. It’s also only a stone’s throw away from several restaurants, beaches, and other amenities.
The resort was designed in a cool contemporary style which is very appealing with floor-to-ceiling windows that afford you an unrivaled view of the ocean and beaches. The beach restaurant and other facilities are due to be completed in 2020. Tamarind Hill homeowners are paid rental returns annually should they wish to include their properties in the rental pool.
3. South Point
An exclusive boutique condominium hotel combining an eclectic mix of local architecture, Feng Shui principles, and Italian interiors, South Point is a modern classic hotel in the heart of English Harbour.
With 23 beautifully appointed beachfront units, each having Italian kitchens and spacious living spaces and terraces, and complemented by modern furnishings, South Point delivers a healthy return on investment to individual owners while giving short-term hotel guests a premium hotel experience.
Within walking distance from the world’s only surviving Georgian dockyard and adjacent to the Yacht Club Marina at Falmouth Harbour, South Point presents numerous advantages to unit owners.
Apartments may be purchased as wholly owned freehold units or through a 50 percent shared ownership. Those who opt to join the Condo Hotel Rental Program may also enjoy 42 personal nights, either for personal use or for their guests per year. A dedicated concierge and property manager will always be on call to assist you with any bookings or services that you may need.
Your unit will be sublet to hotel guests, but will be properly maintained by the South Point hotel team while you are not in residence.
A New Home in Paradise
The superb location, as well as the top-notch amenities and facilities offered by these properties, can make it challenging to choose which one will fit your needs best. However, most buyers know pretty fast which property suits them best once they visit the island and see the locations and properties for themselves.
By investing in a tropical residence designed for sophisticated tastes, you can be sure that you and your family will experience a whole new way of living when spending time in your Antigua home.
Kal Kennard is a Partner at Citizens International, a white-glove specialist firm offering private client services necessary for citizenship investment into the Caribbean. Based in the Caribbean for the past 15 years, she is an experienced consultant who works directly with many professional partners and advises clients worldwide.