Foreign investment in Antigua and Barbuda is welcomed and provides
a hospitable environment and generous incentives to encourage such
investment.
The government is keen to assure investors that their investments
are secure and well protected. Therefore, Investment Protection
Agreements have been signed with the Federal Republic of Germany
(For the text of the Treaty with Germany, click
here.), and with the United Kingdom (For the text of the Agreement
with the UK, click
here).
 In a world of coups and crises
Antigua and Barbuda is a paradise for the businessman. It has both
a pleasantly tropical climate throughout the year and a long tradition
of political stability based on parliamentary democracy.
While the Government intervenes in the economy as a regulator in some instances,
the private sector is the dominant force in the economy. The government and
the ruling Antigua Labour Party are committed to upholding the principle of
free enterprise and this pledge is shared by the main political parties. Successive
governments have respected the agreements and commitments made between previous
administrations and investors.
No investor has ever had assets nationalised or been forced to
leave the island. Under the island's constitution, property can
only be nationalised in exceptional circumstances and even in such
cases the country's constitution demands that fair compensation
must be determined by an independent authority and must be paid
promptly. This constitutional requirement is unusual in developing
countries and casts Antigua and Barbuda in a very attractive light
for investment. |
