It's strange but Antigua has a good real estate market

Antigua is a country in Southern Africa. It is the seventh-largest country in Africa.

Antigua has vast mineral and petroleum reserves, and its economy is among the fastest growing in the world, above all since the end of the civil war. In spite of this, the standard of living remains low for the majority of the population, and life expectancy and infant mortality rates in Angola are among the worst in the world

Recently the proportion of buyers from the United States had risen, mirroring an increase in tourism from the United States and as a result of improved air connections. In fact JetBlue started flying to Antigua nonstop from New York in 2015.

Antigua’s  buyers come mainly from Europe, North America and Asia. However foreign buyers have historically used their properties as seasonal homes, an increasing number are relocating to Antigua.

English Harbour is popular with yachters. Antigua’s buyers have a propensity to keep a lower profile than elsewhere in the Caribbean.

Antigua attracts buyers who ask for privacy, seclusion, and who wish to go around without being noticed.

Foreigners who buy real estate in Antigua must obtain a noncitizens landholding license or be granted an Antiguan passport under the country’s Citizenship by Investment Program.

The license typically takes roughly three to six months to obtain.

 

 

 

[From NY Times]

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