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Property in Antigua – a home where the sun always shines

Antigua is the sunniest island in the East of the Caribbean Sea, even with the constant threat of hurricanes. And it’s not just the sun in the sky that makes everyone happy there. It is the natural beauty of the islands, its numerous beaches, and, most of all, hospitality of its people.

The government is implementing its policies on construction of residential housing, roads, schools and medical centres. They claim to have one of the lowest inflation rates in the world. Even when the global oil prices go up, the state suffers the loss of revenue to the benefit of the nation.

On the other hand, foreign investors are prepared to take the risk of possible destructive hurricanes and embark on small and large construction projects. One the largest investors, Yida International Investment Group, is developing their mega 1,600-acre resort consisting of hotels, private sector, a business hub and a light industrial area. The whole infrastructure is planned around it, including school, hospital, shopping facilities, marinas, golf courses, horse racing track and a casino.

Foreign nationals also have a chance to become property owners in Antigua and Barbuda under the Citizenship by Investment program and get a passport of that beautiful country. There is still a chance to apply with a 50% discount though buying a property for $200,000. The offer ends on 01 November 2019.

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