Investment in Antigua and Barbuda: Real Estate and Beyond
Antigua & Barbuda The Citizen Issue 5, published in July 2019, focuses on the country’s growing appeal as a premier investment, tourism, and luxury destination. The issue focuses on Investment in Antigua and Barbuda, including the booming real estate market driven by the Citizenship by Investment Programme (CIP), the expansion of the cruise tourism sector, and the islands’ environmental leadership through efforts such as eliminating single-use plastics. The real estate market in Antigua & Barbuda is booming, thanks in part to the Citizenship by Investment Programme (CIP), which has attracted global investors. From high-end developments like Waldorf Astoria to projects backed by international celebrities like Robert De Niro, the real estate sector offers a range of opportunities for both investors and luxury property buyers. With real estate investments starting at $200,000, the CIP allows investors to obtain citizenship in Antigua & Barbuda, granting visa-free access to 150 countries, including the UK and Schengen Area nations. Moreover, the market offers strong returns, with some properties yielding 4-6% annually in rental income. Play It Out: Fighting Plastic Pollution A concert on a tropical island under the stars would be attractive enough under any circumstance. But when this is part of a worldwide campaign in conjunction with the United Nations General Assembly (UNGA) and Norway to eradicate plastic from the environment, the stakes get a bit higher. Play It Out: Fighting Plastic Pollution was hosted by Antigua & Barbuda on June 1st at the Sir Vivian Richards Stadium in St. John’s. The concert aimed to raise awareness of the global plastic pollution crisis. With over 20,000 concertgoers and a global live stream audience, the concert not only brought attention to the issue but also placed Antigua & Barbuda on the international stage as a leader in sustainability. Headlined by Grammy Award-winning singer Ashanti, Trinidad & Tobago’s King of Soca, Machel Montano, and other international stars like Cody Simpson and Robin Schulz, the event united performers from all over the world. Local artists such as Ricardo Drue, Claudette Peters, and cricket legend Sir Richie Richardson also participated, contributing to the evening’s environmental advocacy. The concert wasn’t only about the music. The Antigua & Barbuda Declaration, a commitment to eliminate single-use plastics across the Caribbean, was launched, demonstrating the country’s dedication to leading this initiative. The event itself was certified as a “4-leaf event,” the highest environmental score for such events, thanks to its eco-friendly setup. This event showed that Antigua & Barbuda might be small, but its efforts to fight plastic pollution have significant global influence . Antigua & Barbuda Cruise Industry Thriving Antigua & Barbuda’s cruise industry continues to expand, establishing itself as a premier destination in the Caribbean. The country recently welcomed the inaugural visit of the Disney Fantasy cruise ship, bringing over 3,800 passengers to its shores. This marks a milestone in the islands’ ongoing efforts to increase cruise ship arrivals. The partnership with Royal Caribbean further enhances the country’s cruise tourism sector. This 10-year agreement aims to double cruise visits, with passenger volumes expected to reach 500,000 per year within the next five years. Upon completion of the new fifth berth, which is designed to accommodate the world’s largest cruise vessels, including Oasis-class ships that carry around 6,000 passengers, Antigua & Barbuda will be positioned as a leading hub for cruise ship tourism in the region. TUI Cruises and Norwegian Cruise Lines are also increasing their presence. Mein Schiff 2 will make 13 calls in the upcoming season, bringing over 37,000 passengers. Additionally, Norwegian Cruise Lines will reintroduce visits with ships like the Norwegian Epic, and the inaugural visit of the Norwegian Bliss will happen later this year . Island Living: What It Means to Live in Paradise Island living is about more than just beaches and relaxation – it’s about creating a lifestyle where luxury meets simplicity. Antigua & Barbuda offers an ideal environment for those looking to escape the hustle of everyday life while still enjoying the finer things. Whether it’s barefoot luxury, world-class yachting, or exquisite dining by the sea, the islands allow for unparalleled privacy and serenity. While owning a second home here gives a sense of escape, the islands are far from isolated, boasting excellent connectivity to major cities like New York and London. Many visitors find themselves drawn into the tranquil lifestyle, from watching the sunrise to enjoying a nap in a hammock as the waves lap at the shore. For those looking to retreat from the public eye, Antigua & Barbuda offers unmatched privacy, with a local culture that is unfazed by the presence of celebrities and high-net-worth individuals. The islands are a place where peace and luxury blend seamlessly, creating a personal paradise for every homeowner. Ready to dive into the world of luxury living and sustainable investment? Discover all the exciting things Antigua & Barbuda have to offer. Continue reading Issue 6 to learn more, or check out Issue 5 here!
- BY Book Antigua Agent
- September 21, 2024 7:37 pm
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Antigua and Barbuda Tourism & Investment Opportunities
This issue 6 of Antigua & Barbuda The Citizen published in November 2019 takes an in-depth look at Antigua and Barbuda tourism, the rising investment opportunities in wellness-related industries, and the significant role of hospitality and skilled professionals in supporting the twin islands’ growing tourism industry. A Wellness Destination Antigua & Barbuda are positioning themselves as the first wellness destination in the region. Wellness experts Anne Dimon and Tricia Greenaway provide an overview of the twin islands’ attractions in this field. The emerging investment opportunities in the stem cell and medical marijuana industries also promise to enhance the wellness offerings in the country. The Wellness Attractions Antigua & Barbuda offer a wide range of wellness activities, from yoga retreats and spa treatments to nature hikes in the awe-inspiring and healing landscapes. The islands’ commitment to wellness tourism is further supported by innovative regenerative and rejuvenating treatments available to visitors. Investment Opportunities The country’s burgeoning wellness sector presents exciting investment opportunities, particularly in the medical marijuana and stem cell treatment industries. These fields are set to revolutionize the islands’ wellness offerings, attracting a global audience seeking advanced health and wellness solutions. As Antigua & Barbuda continue to develop as a premier wellness destination, the combination of natural beauty, advanced medical treatments, and robust investment opportunities ensures a bright future for the twin islands’ wellness tourism sector. Building a Skilled Workforce With any luxury tourism destination, the product is only as good as the people working in the sector. The Hospitality Training Institute ensures a steady stream of qualified professionals for Antigua & Barbuda. Director Ruthlyn Matthias shares insights into what makes the institute an integral part of the country’s tourism sector. The Institute’s Role The Hospitality Training Institute plays a crucial role in maintaining the high standards of Antigua & Barbuda’s tourism industry. By providing comprehensive training programs, the institute equips locals with the skills needed to excel in hospitality roles, ensuring that visitors receive world-class service. Programs and Impact The institute offers a range of programs, from culinary arts to hotel management, tailored to meet the needs of the tourism sector. Graduates of the institute are highly sought after, contributing to the islands’ reputation as a top-tier destination for luxury tourism. The Hospitality Training Institute is essential to the success of Antigua & Barbuda’s tourism industry. By fostering a skilled workforce, the institute helps maintain the high standards that make the twin islands a preferred destination for discerning travelers. The Rise of Female Philanthropy Our recurring feature on philanthropy explores the rise of female philanthropy in a field traditionally dominated by men. This article highlights the contributions and impact of women in philanthropic activities. Women in Philanthropy Female philanthropists are increasingly taking the lead in charitable initiatives, using their resources and influence to drive positive change. Their contributions span various sectors, including education, healthcare, and social justice, reflecting a commitment to creating a more equitable society. Impact and Future Directions The rise of female philanthropy is reshaping the landscape of charitable giving. By focusing on collaboration and community-based approaches, women are making significant strides in addressing global challenges and empowering underserved populations. Female philanthropy is a powerful force for change, demonstrating the importance of diverse perspectives in driving social progress. As more women engage in philanthropic efforts, their impact will continue to grow, fostering a more inclusive and compassionate world. A Round of Golf with Sir Vivian Richards We joined national icon and sporting hero Sir Vivian Richards for a round of golf. He shares his love for his home nation and discusses what makes Antigua & Barbuda special to him. Golfing with a Legend Playing golf with Sir Vivian Richards offers a unique insight into his life and passions. His love for Antigua & Barbuda is evident as he speaks about the islands’ natural beauty, vibrant culture, and welcoming community. Reflections on Home Sir Vivian Richards reflects on the significance of his homeland, emphasizing the importance of preserving its heritage and promoting its attractions to the world. His dedication to Antigua & Barbuda extends beyond sports, highlighting his role as a cultural ambassador. A round of golf with Sir Vivian Richards is more than just a game; it’s an opportunity to connect with a national hero who embodies the spirit of Antigua & Barbuda. His passion for his country inspires pride and appreciation for the twin islands. Addressing Climate Emergency Citizenship experts discuss the impact of the climate emergency and the need for global and multilateral solutions for migration. This article delves into how climate change is shaping the future of the CBI industry. Climate Change and Migration The increasing frequency of extreme weather events and rising sea levels are driving migration patterns, making climate resilience a critical factor in citizenship programs. Experts emphasize the need for policies that address the environmental challenges faced by vulnerable populations. Multilateral Solutions Collaboration between nations and organizations is essential to developing effective strategies for climate-induced migration. By working together, countries can create frameworks that support sustainable development and provide safe havens for those displaced by climate change. Addressing the climate emergency requires a concerted effort from the global community. The CBI industry has a role to play in fostering resilience and offering solutions that protect both people and the planet. Discover why Antigua & Barbuda is becoming the Caribbean’s premier wellness destination and a hotspot for investment. Continue reading Issue 7 to explore more opportunities, or dive into Issue 6 here!
- BY Book Antigua Agent
- September 21, 2024 7:13 pm
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