Whether it’s spending your retirement days under the sun or enjoying tax incentives, it is common to seek relocation. Antigua and Barbuda happens to be a superb destination offering a fantastic investor immigration program for people wanting to relocate to its shores. This exclusive program offers investors the opportunity to receive the Antigua and Barbuda passport, along with tax benefits and unlimited access to the country. In this guide, we tell you all there is to know about moving to Antigua and Barbuda from the US.
About Antigua and Barbuda
You’ve probably already heard of Antigua and Barbuda being called the ‘Romantic Island of the Caribbean’. If not, let us give you a bit of context. Antigua and Barbuda is famous for being one of the most luxurious Caribbean destinations. The reason being are its 365 white sandy beaches, turquoise waters, lush vegetation, and luxurious hotels and accommodations.
The country consists of two main islands — Antigua and Barbuda — and several smaller islands. While Antigua is the economic heart of the country with its airport, luxury shopping malls, hospitals, and tourist attractions, Barbuda is less developed and appreciated by nature lovers for its preserved state. For those who enjoy a luxurious lifestyle combined with sporting activities, Antigua and Barbuda is the place to be.
Antigua and Barbuda’s beauty and exclusive lifestyle are not the only reasons international expats invest in the country. Its economic and political stability are extremely valued. The country is part of the Commonwealth, therefore is considered a constitutional monarchy with a parliamentary system resembling the UK. With a very low crime rate, vibrant tourism economy, and high quality of life, the destination is highly appealing.
Moving to Antigua benefits
Costs of living in Antigua and Barbuda compared to the US
In general, the cost of living in Antigua and Barbuda is about 20% cheaper than the cost of living in the US. This is pretty high compared to the rest of the Caribbean islands, but logical considering the fact that Antigua and Barbuda is a luxury tourist island.
Renting in Antigua and Barbuda is cheaper than in the US. You’ll pay around USD$1,000 for a one-bedroom apartment in the city center and around USD$700 if located outside the city center. Utilities cost around the same price in both countries.
If you’d like to keep your budget low, consuming local food and products is a good option. Rice, vegetables, fruits, and local chicken for example are considerably cheaper in Antigua and Barbuda than in the USA.
Retiring in Antigua and Barbuda as an American
As you’ve probably figured out by now, Antigua and Barbuda is a prime destination for those looking for a peaceful, exclusive, and beautiful lifestyle.
If you enjoy outdoor activities, you’ll find plenty to do in Antigua and Barbuda. From hiking, sailing and diving to snorkeling and yacht relaxing, you’ll never get bored in the country.
Antigua and Barbuda does not offer a specific immigration program for retirees, however, its citizenship by investment program is a great option to live in the country. Have a look at the best towns for living in Antigua and Barbuda.
Moving to Antigua – How to get citizenship in Antigua and Barbuda
Launched in 2012, the Antigua and Barbuda Citizenship by Investment Program offers investors and their families the opportunity to become Antigua and Barbuda citizens in exchange for an economic investment. In only five months receive your new citizenship, along with great tax benefits, without having to undergo interviews, education or English-language requirements. With Antigua and Barbuda citizenship, enjoy the right, but not the obligation, to live and work on the island.
Below are the three investment routes to the program:
- Make a $100,000 donation to the government or to an approved charity
- Buy a $400,000 pre-approved property. The investment must be maintained for at least five years
- Invest $1.5 million to establish a business
The Antigua and Barbuda passport
Ranked 29th according to the Passport Index, the Antigua and Barbuda passport is a fantastic asset to have for those seeking global mobility. Enjoy visa-free travel to over 130 countries including the Schengen area, Hong Kong, and Singapore. In addition, dual citizenship is recognized in the country, and the Antigua and Barbuda passport can be passed down to future generations.
Moving to Antigua- Antigua real estate
Purchasing Antigua and Barbuda real estate is one of the best ways to relocate to Antigua and Barbuda and benefit from its citizenship by investment program. The property market is filled with fantastic properties ranging from modern condos and luxury villas to beachfront properties and holiday resorts. In general, prices vary between $255,000 and $12,000,000.
Frequently Asked Questions about moving to Antigua
Can I move to Antigua as an American?
As an American, moving to Antigua is possible. Thanks to the Antigua and Barbuda Citizenship by Investment Program, Americans relocating to Antigua and Barbuda are eligible along with their entire families to receive the Antigua and Barbuda passport in exchange for an economic investment.
Is Antigua and Barbuda a safe place to live as an American?
Antigua and Barbuda is known for its low crime rate. If you decide on moving to Antigua from the US you’ll definitely feel very safe.
Is it cheap to relocate to Antigua and Barbuda from the US?
The cost of living in Antigua and Barbuda is about 20% cheaper than the cost of living in the US. So you’ll definitely be able to spend less by relocating to Antigua and Barbuda. Local groceries and renting are especially cheaper.
Can I retire in Antigua and Barbuda as an American?
American retirees are welcome to relocate to Antigua and Barbuda. The country offers a very relaxed and exclusive lifestyle to retirees, offering plenty of opportunities to enjoy stunning nature and outdoor activities.