Following the devastation of Hurricane Irma, the Antigua & Barbuda Government introduced a 50% reduced real estate investment specifically to raise funds to assist in the redevelopment of Barbuda.
Effective 1st May, 2018, a Limited Time Offer (LTD) which expires on 31st October 2018 under the Real Estate Option, whereby two (2) parties can make a joint investment, with each applicant investing a minimum of US$200,000 in order to qualify.
The Amavi Beach Resort and Spa a member of the Marriott’s Autograph Collection are inviting investors wishing to participate in the program to do so starting at just $200,000 USD. The Amavi Resort is located in the North West of the Island near the capital of St Johns, will cover a land area of 5 acres with 180 meters of pristine beach coastline. Situated behind the resort are beautiful walkways leading to a calm, serene, lake giving visitors the opportunity to really see the island natural beauty. The resort will be developed as a luxury boutique hotel operated by a professional resort operator.
LWP has received approval from the government of Antigua and Barbuda that New Coconut Beach Club Resort is entitled to offer a select group of investors the opportunity to participate in the CBI Programme.
- Visa Free access to over 130 countries (including UK, Europe, Hong Kong and Singapore)
- Citizenship for life, not only for the applicant and their dependents up to the age of 29 or over the age of 65 years.
- Acceptance of Dual Citizenship
- No Taxes on global income, inheritance, capital gains, wealth or gifts
- A minimal requirement of spending a total of five (5) days in the country over a five (5) year period
Visa free access
Antigua and Barbuda has visa-free access to 150 countries. The Ministry of Legal Affairs is in the process vetting an imminent visa-waiver agreement with Russia which would then grant nationals of Antigua and Barbuda visa-free access to 151 countries.
Eligible Dependents
Reduction of the parental dependents age from sixty-five (65) to fifty-eight (58)
Five Year Renewal
Investors are no longer required to pay due diligence fees at the five (5) year passport renewal point in time.
Source: http://www.lwpresorts.com