While COVID caused a lot of havoc for many countries and their economies, several sectors and businesses also thrived despite this. As travelers and investors search for more secure and safe locations for their businesses to thrive, Antigua and Barbuda emerges as one of the top destinations business travelers and investors choose.
The country is known for its Nomad Residence program which allows visitors to apply and extend their stay for a maximum of two years. Antigua and Barbuda is also known for its citizenship-by-investment program that enables qualified individuals to best contribute to the country’s economy.
For investors looking to keep up with all the business and investment opportunities in Antigua and Barbuda, the good news is that the country has recently launched its official business hub: AntiguaBarbuda.com. It helps make it easier to find all the information one may need, whether they are looking to invest, apply for citizenship, or move their family to the country.
It’s a useful one-stop shop for those who plan to apply for residency or want to learn more about the benefits of having an Antigua and Barbuda passport.
With all the uncertainty brought upon by COVID-19, Antigua and Barbuda, an island country in the Caribbean, significantly felt an uptick in potential citizens. This magnificent state, known for its 365 beaches including Princess Diana Beach, continues to hold an edge over other countries in the region in attracting many visitors from around the world and would-be residents. Through its Citizenship by Investment Programme (CIP) and Nomad Residency Program, economic activity in the tourist magnet has increased as well.
Increased economic activity
Tourism was one of the most affected sectors by the global pandemic. Unfortunately, Antigua and Barbuda was the most affected by the effects of COVID. However, under the leadership of Prime Minister Gaston Browne, the country was able to re-open its borders.
The state handled the infection amazingly well, with one of the lowest mortality rates in the world. The security protocols were seamlessly integrated with existing tourism policies, allowing Antigua and Barbuda to re-open its borders. Other branches of government, particularly the European Caucus of Antigua and Barbuda Ambassadors, contributed to the recovery efforts of the country.
The Caucus has been able to assist in channeling donations from the international community towards the basic service providers of the country. Ambassador Dario Item, Ambassador to Spain, Monaco, and Liechtenstein, consistently promotes the benefits of investing in the country and visiting it. The tourism department also launched comprehensive advocacy programs and accessible online platforms to further boost tourism recovery. Since reopening its borders in the second quarter of 2020, tourist numbers have gradually increased and are nearing pre-COVID levels.
Antigua and Barbuda also enhanced its advocacy campaign for its Nomad Digital Residency Program (NDR) and Citizenship by Investment Programme (CIP).
Dual citizenship with great perks
There are several countries that offer dual citizenship for international candidates, but Antigua and Barbuda’s program has been attracting more applicants. The country’s CIP offers more advantages to aspiring citizens, both in the near and long term.
In addition to that, it also enables families to have solutions tailored to their needs, enabling high net-worth families to allocate their savings and investments more efficiently. This entices potential citizens to invest in a country that would give them unlimited access to a grand vacation spot, a passport that provides ease of travel, and a potential for investment returns.
A paradise on Earth
The beachfront setting of Antigua and Barbuda is unparalleled. The beauty of its 365 beaches is further enhanced by the strategic placement of amenities and accessibility. With its natural surroundings and accommodating staff, the balance of nature leaves you with a first class travel experience like none other in the world. Taking advantage of the CIP grants you unlimited access to this posh experience.
One of the most valuable passports
Antigua and Barbuda has great international relations. That is one of the reasons its passport holders are privileged to travel to more than 130 countries worldwide, including the United Kingdom and the European Union.
Great timing for investments
The benefits of second citizenship in Antigua and Barbuda are numerous. The tourism industry of the Caribbean island will inevitably reach pre-COVID levels. Infrastructure, telecommunications, and other primary services are currently being improved as well. Potential citizens are poised to benefit from their contribution because of this.
In full operation
The past few months have been exciting for Antigua and Barbuda. Resurgence filled the atmosphere in most of the establishments as tourists and visitors began to wander once again. The nation’s economy is set to pick up momentum as more applicants apply for the NDR and CIP programs.