A stunning gem in the Caribbean, Antigua is known for its gorgeous beaches and vibrant island life. But did you know that this breathtaking island is also a fantastic spot for real estate?
Compared to other popular destinations, real estate for sale in Antigua opens a wide variety of amazing opportunities. Whether you are looking for a place to start new beginnings, an idyllic retirement home, or a new investment idea, the island is definitely a great choice.
Here are the top five reasons to start investing in Antigua real estate:
Citizenship Opportunity
One of the top reasons why many people are turning to invest in Antigua real estate is the offered Citizenship by Investment program. By purchasing property in approved developments, you can obtain citizenship, which includes benefits such as visa-free travel to over 150 countries. Not only do you get the right to live and work in Antigua, but you also get to enjoy all the perks of having a second passport, as well as the potential appreciation of your property value.
High Quality of Life
Antigua boasts a stable political climate and a growing economy, providing citizens with a truly beautiful and peaceful place to live and invest. The country offers a relaxed island lifestyle with friendly people, a year-round warm climate, and reliable modern infrastructure. Whether you are looking for a serene getaway or an exciting summer home, Antigua is a perfect choice either way.
Great Tax Benefits
Another benefit of living in Antigua is how favorable the tax system is for residents. The country of Antigua and Barbuda enjoys freedom from personal income tax, capital gains tax, or inheritance tax. And for your first five years of ownership, property taxes will be waived. Afterward, property taxes will only range from 0.1% to 0.5% of the property value, with residential properties usually taxed at only 0.3%.
Strong Rental Market
The island remains a popular destination, with over millions of people visiting and enjoying Antigua luxury resorts each year. Demand for accommodations and rental properties has risen, especially as tourists have begun to prefer vacation rentals over hotels. With this in mind, you can take advantage of this opportunity and rent or sublet your property, giving you a hefty passive income on the side.
Diverse Property Options
Antigua offers an expansive range of property types to suit various budgets, investment goals, and preferences. Options include beachfront villas, townhouses, condominiums, cottages, and even mountain retreats. Most properties are located in secure areas that are near amenities. Additionally, these offer easy access to some of the most beautiful beaches in the world, such as Ffryes Beach and Dickenson Bay.
Secure Your Piece of Caribbean Paradise Today!
Investing in Antigua real estate unlocks a world of opportunity – from second citizenship and a luxurious lifestyle to low taxes and lucrative rental income. With diverse property options to suit any budget, Antigua offers a beautiful escape and a smart financial move.
Find the perfect beachfront property at Tamarind Hills, a luxury boutique resort and approved development project under the Antigua Citizenship by Investment Program. Visit their website here to see their villas, townhouses, and condominiums for sale.