Find Property and Real Estate expertise in Antigua and Barbuda
Prices for private property in Antigua and Barbuda remained stagnant from 2008 to 2011, while the gross rental yield accounts for around 4%. The net rental income taxation, which the tenant withholds, comes to 20% (2011). No capital gains or inheritance taxes are collected in the country and there is a top worldwide income tax rate of 25%. Buying costs are relatively high, as 10% of the property’s actual value is payable and 2.5% of it has to be borne by the buyer. Buyers from abroad have to acquire an Alien’s Land Holding License prior to purchasing. Therefore, foreign tenants should be prepared for a lead time of about 4 months and additional costs of about 5% of the property’s value they are interested in. Due to the high popularity of the state as a tourist destination, the real estate market of the nation is dominated by short-term leases of about a week. There are more than 20 real estate agencies based in Antigua & Barbuda including Access Antigua Ltd. and Stanley Estate Agents Ltd. to cater the needs of locals and tourists.
|Property and Real Estate organisations in Antigua and Barbuda|
|Casa Real Estate||
|Gerrys Real Estate||
|Home Planners Realty||