PERFECT HOMES MAGAZINE ( Editor Stan Israel) by Stan Israel | Page 183
Antigua and Barbuda
After years of back and forth, the country’s
parliament has finally passed their controversial
Citizenship-by-Investment
Program
(CIP)
Bill. Similar to that of St. Kitts and Nevis,
the program offers three routes for entry;
$250,000 contribution to the country’s National
Development Fund or a $400,000 real estate
investment in approved developments or a
$1.5 million “business investment” that allows
an applicant to put money into governmentapproved businesses.
An additional $50,000 application fee and a
$7,500 “due diligence fee” exist on top of the
investment amount however once approved
the new citizens will enjoy visa-free access to
nearly 120 countries, which include the United
Kingdom, France and Canada.
Investment opportunity: Tamarind Hills, Antigua
The resort’s distinctive architectural features
and clean interior design combine with an
outstanding location on two of Antigua’s most
beautiful and photographed beaches. Set on
an elevated sunset facing bluff on the west
coast of Antigua, Tamarind Hills is a luxurious
five star development comprising spectacular
23 spectacular villas and 39 apartments set in
12.81 acres.
All properties are being sold on a
freehold basis with some apartments
available as buy-to-lets. An optional rental
programme is available to all owners.
Each owner will have the facilities and services
of a five star hotel, from the comfort and privacy
of their own home. The beach bar will be the
ideal rendezvous for breakfast and lunches;
the sunset bar built out over the water will
be the perfect place to enjoy a sundowner;
and the fine dining restaurant for enjoying
more sophisticated dining whilst enjoying the
sweeping views from its covered terraces.