At Home in Antigua and Barbuda
Possessing a stunning collection of 365 beaches, (one for every day of the year!) Antigua, Barbuda and Redonda collectively make up the independent nation of Antigua and Barbuda. As part of the Commonwealth of Nations and the West Indian Leeward Islands, Antigua and Barbuda’s tropical climate makes it the ideal destination for Caribbean vacations, honeymoons or real estate investment.
Antigua & Barbuda Real Estate, Economy and Infrastructure
Tourism is the mainstay of the economy of Antigua and Barbuda and accounts for more than half of its total GDP. Agricultural production is focused entirely on the domestic market and the only constraint is a limited water supply and a shortage of labor due to higher wages offered within the tourism and construction industries. Manufacturing mainly focuses on assembly for export. The official currency is the Eastern Caribbean dollar with traveler’s checks and all major credit cards being accepted. The Caribbean island of Antigua possesses a number of international banks, trust incorporators, offshore companies, law firms and insurance companies.
Antigua has become very popular for Caribbean real estate investors. Investment in the Antigua real estate market has made it possible for visitors to enjoy year-round access to Caribbean beaches, beautiful landscapes and urban centers. This is one of the islands that offer prime Caribbean real estate opportunities, with all types of properties available, including beachfront, hillside and ocean view properties, as well as forest lots. Whether you want to retire on the Caribbean islands of Antigua and Barbuda, or simply buy a vacation home or commercial space, there is something here for everyone!