Antigua & Barbuda | THE CITIZEN

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There is no denying that Antigua & Barbuda is one of the most beautiful places on the planet. Often described as paradise or heaven on earth, the twin islands have more beauty than you can shake a stick at with its endless white-sand beaches, azure seas, rich cultural history, and verdant nature. But as another saying goes; it’s much more than just a pretty face. In addition to being a top tourism and honeymoon destination, this small island nation is also forging itself as a health and wellness destination, an innovation hotspot, an attractive investment hub and let’s not forget its status as an international financial centre. As one of the pillars of the economy, the finance sector has grown thanks to the islands’ politically stable and sovereign jurisdiction, and is helped by the fact that the country has enjoyed one of the fastestgrowing economies in the region over the

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THE CITIZEN

past few years. And with the Digital Assets Business Bill 2020 that has just come into law, the islands’ aspiration of becoming a hub for cryptocurrency, digital business, and other digital assets is being shaped. Given that financial service providers are regulated under the Financial Services Regulatory Commission (FSRC), the islands are a safe harbour, not only for the yachts that flock to the world-renowned sailing grounds, but for financial investors looking to protect their wealth and investments. And as the many celebrities and wealthy homeowners and citizens would attest, the islands are also a safe harbour away from the peering eyes and intrusions they encounter elsewhere – where the likes of Robert de Niro, Eric Clapton and Giorgio Armani feel at home and where into the bargain they can have their financial interests taken care of. The icing on the cake is that Antigua & Barbuda has one of the best Citizenship by Investment (CBI) programmes in the Caribbean and is in the top five of the Global Citizenship Programme Index in Henley & Partners’ Global Residence and Citizenship Programmes 2018-2019 report. Citizenship of the islands allows visa-free travel to 165 jurisdictions including Hong Kong, Singapore, the UK and Schengen area.


Articles inside

New Citizen

4min
pages 62-63

Arts & Culture: Kierstyn Werth

1min
pages 72-75

Unearthing the history of Antigua & Barbuda

6min
pages 68-71

Cruising towards a sustainable future

6min
pages 64-67

Interview: Mehmet Kutman, Chairman, Global Ports

7min
pages 53-55

The rhythm of innovation

3min
pages 40-41

What is sustainable finance?

1min
pages 38, 49

Global reach through local investment

1min
pages 39, 48

A safe harbour for financial services

1min
pages 38, 47

The importance of ethical AI in financial services

2min
pages 46-47

A full shake-up: moving from assets under management to assets under intelligence

1min
pages 44-45

The accelerated pace of change

2min
pages 44-45

The case for regular look-backs in the RCBI compliance framework.

4min
pages 36-37

Could the current worldwide economic crisis and uncertainty be an unprecedented opportunity for the RCBI industry?

4min
pages 32-33

The importance of being guided, in earnest.

4min
pages 34-35

Investment migration: an essential asset in the Covid era

6min
pages 28-31

Welcome to Antigua & Barbuda

1min
pages 4-5

Q&A Charmaine Donovan

5min
pages 12-13
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