Sunday 16 October 2016

Antigua And Barbuda To Attract Investment And Tourism From The Middle East Now

Antigua and Barbuda Citizenship
The Citizenship by Investment program for Antigua and Barbuda is one of the most famous Caribbean Citizenship Programs in the world, granting fast track citizenship and passport with 3-6 months. There is a possibility that Antigua and Barbuda will oversee a substantial hike in investment and travel from the Middle East. An exclusive exposition style conference will be held in October 2016 at Dubai’s Palazzo Versace Hotel, highlighting the islands’ exceptional investor and citizenship benefits.
Over the past years, the twin islands have been successfully attracting foreign funds as a result of their low-tax structure, income tax free investment, capital gains tax, inheritance tax and wealth tax. This country has already witnessed a significant rise in investment from the Middle East, including a recent MOU for $120 million for the construction of a luxury resort in the South of the island. This one-of-a-kind Caribbean resort, Callaloo Cay, is spread over 32 acres of beachfront and is expected to host the best of class, beauty, opulence.
High net worth investors from around the world have obtained Residency For Antigua And Barbuda since the commencement of the Citizenship by Investment Program in 2013. Successful candidate of this program will enjoy visa-free travel to more than 130 countries including the Schengen Zone, Canada, Hong Kong, Singapore, etc. The Antigua and Barbuda passport is ranked as the 25th most powerful passport in the world.
These scenic Islands have welcomed very popular celebrities such as Robert De Niro, Gorgio Armani, Richard Branson, Oprah Winfrey as well as investors such as James Packer. Being the English speaking country of the Leeward Islands, Antigua and Barbuda have become a most frequently visited destination for wealthy tourists, coming from around the world including the US, Canada, Asia and now from the Middle East as well. Keeping this in consideration, it is no surprise that tourism generates approximately 80% of the Islands’ income.
In the coming month of October, Callaloo Cay will be the platinum sponsor at the expo-style conference promoting Antigua and Barbuda as the top destination of choice for both investment and tourism. The invite-only event will draw attention to the striking features of the islands and will be attended by a high profile travel delegation from the twin islands including Prime Minister – Hon. Gaston Browne, Ambassador to the UAE, His Excellency Casroy James, Minister of Foreign Affairs, Hon. Charles Fernandez, and Special Economic Envoy and Hollywood Icon – Robert Deniro.
This coincides with yet another milestone as Antigua and Barbuda gets set to become one of the first organizations of the Eastern Caribbean States (OECS) to open an embassy in UAE.
For more information about the Antigua And Barbuda Citizenship by Investment Program, please feel free to visit our website Lalani & Associates.

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