Investing in luxury properties for sale in Antigua carries several hidden advantages beyond having a home in a tropical paradise. The island is home to plenty of luxury houses up for grabs, ranging from simple condominiums to fanciful beachfront villas.
There are dozens of things to do in Antigua as a tourist, but the opportunities and fun are nearly endless once you become a resident. If you are eager to learn more, here are the top reasons why investing in Antigua properties is a wise decision:
Obtain Citizenship
The government of Antigua has launched a citizenship-by-investment program, where foreign nationals can easily obtain citizenship in Antigua and Barbuda by simply purchasing property. This is also applicable to future generations, with dependents including your spouse, children over 30 years old, parents up to 55 years old, and unmarried siblings of any age.
To get this, you need to invest a minimum of USD 200,000 into a real-estate project. You can also enjoy dual citizenship without renouncing your original nationality.
Appealing Tax Regime
One of the reasons why it is fantastic to invest in property in Antigua and Barbuda is their favourable tax regime. No taxes are levied on foreign wealth, income, inheritances, capital gains, or gifts. This allows you to create smarter tax strategies and take part in lucrative investment ventures with tax incentives.
Plus, you get to avoid double taxation in countries with which Antigua has tax treaties, including the United Kingdom. Foreign tax credit is applicable to individuals in Antigua and Barbuda who are liable or have paid British Commonwealth income tax.
Visa-Free Travel
If you love visiting countries around the world, investing in property in Antigua and Barbuda will become highly beneficial for your vacations. Antigua boasts visa-free travel to over 140 countries, allowing you to access various locations globally without going through tedious visa approval travel processes.
Strong Rental Market
Antigua's rental market continues to grow exponentially. Because of the growing tourism industry, the demand for luxury rentals is always high. This opens the opportunity for stable passive income from providing rental services.
Antigua: Your New Home in Paradise
Are you looking for beautiful luxury properties in Antigua? Overlooking the Ffryes and Darkwood beaches is Tamarind Hills, a boutique resort selling condominiums, townhouses, and villas for sale on a freehold basis. Visit our website to find out more.