With some 365 beaches of clean clear turquoise waters, the lush tropical island of Antigua is an inviting paradise and considered to be one of the most beautiful places in the world. As a result, tourism is the key driver of GDP and generates around 60% of the island’s income, with key target markets being the US, Canada and Europe.
Antigua has experienced a challenging economic environment in recent years. However, the Government has been credited with its implementation of the National Economic and Social Transformation Plan and a debt restructuring effort. One of the initiatives to support the island nation's economy is the introduction of a citizenship-by-investment program, for which Henley & Partners has played a significant role in advising and assisting the Government on the design, implementation and international placement.
The currency is the Eastern Caribbean dollar (ECD), which is pegged to the USD at 2.70 ECD/USD. Antigua is a member of the United Nations (UN), the British Commonwealth, Caricom and the Organisation of American States (OAS), among many other international organizations. Holders of the Antiguan passport enjoy visa free travel to 149 countries, including the UK and the countries of the Schengen area. Holders of this passport, like all Caribbean countries, do require a visa to enter the US as they are not a member of the Visa Waiver Program.
In 2009, the Antigua and Barbuda government signed a visa waiver agreement with the EU which allows an Antigua and Barbuda citizen to visit the Schengen countries without a visa for a period of three months within any six month period following the date of first entry into any EU country.
The Antigua and Barbuda passport is a very good travel document for many international individuals. With an Antigua and Barbuda passport, a citizen can travel to 149 countries in the world, including Hong Kong, Singapore, the UK and Europe with relative ease and without challenging visa requirements.
Full citizenship with passport is granted to the applicant and family, and there are no restrictions whatsoever, not even on voting, subject to meeting the standard voter registration criteria. Antigua and Barbuda is a member of the Commonwealth, which entitles Antigua and Barbuda citizens to certain privileges in the UK and other Commonwealth countries.
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