Antigua and Barbuda Citizenship Applications double in FY2018

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In the 2019 ‘Budget Statement’ presented by the Hon. Gaston Browne, Prime Minister of Antigua and Barbuda, the following relevant & encouraging facts relating to Antigua and Barbuda Citizenship Program have been mentioned :

  1. According to the UN Economic Commission for Latin America & Caribbean (ACLAC), Antigua & Barbuda recorded the highest economic growth of 5.3% in 2018 in the CARICOM area, followed by Grenada at 4.9% & St. Kitts & Nevis at 3.7%. This is at a time when world economic growth was 3.7% in 2018
  2. Per Capita growth increased from an average of $36,569 between 2009 – 2013 to $43,268 between 2014 – 2018
  3. A total of 1.1 million tourists visited the country in 2008, the highest ever in a fiscal year
  4. Antigua & Barbuda aims to achieve a 6% growth rate in 2019 by focussing on the following areas :
    1. Enhancing performance in tourism
    2. Promoting investment, including the Citizenship by Investment Program and economic diversification
    3. Encouraging entrepreneurship
    4. Renewing & upgrading critical infrastructure, and
    5. Providing better access to adequate housing
  5. Antigua and Barbuda will take steps to become the regional centre for BLOCKCHAIN & CRYPTOCURRENCY
  6. In 2018, the Antigua and Barbuda Citizenship by Investment Program received 672 applications, a 110% increase over the same period last year, hence helping the government earn much needed non-tax revenue & diversify the economy
  7. The government of Antigua and Barbuda will introduce legislation to facilitate Real Estate Investment Trusts (REIT), in order to encourage investments in income generating real estate

Antigua and Barbuda is a twin-island nation located in the West Indies. With it’s near perfect climate, breath-taking coastline, peace & stability of the government, friendliness of the people & investor friendly government, Antigua & Barbuda is an attractive place to reside & invest.

Contact Us to take advantage of this investment opportunity through the Antigua and Barbuda Citizenship Program.

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