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Ambassador Dario Item on Why Antigua and Barbuda Continues to Attract Investors & Business Travelers

  • October 17, 2022
  • 2.9K views
  • 3 minute read
  • Meg Rivera
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​​Year after year, Antigua and Barbuda continues to be one of the top destinations for business travelers from all over the world with its recent tourism numbers increasing by 30%, compared to last year.

According to His Excellency Dr. Dario Item, Antigua and Barbuda’s permanent representative to UNWTO and Ambassador to the Kingdom of Spain, the Principality of Monaco and the Principality of Liechtenstein, the country’s rich history, beautiful landscape, and perfect climate make it an ideal destination for those who want to escape the hustle and bustle of daily life.

There are many reasons why Antigua and Barbuda continue to attract both luxury and business travelers. Here are just a few:

Strategic business location

The island’s strategic location makes it easy to reach from anywhere in the world. Just a short flight from major cities like New York, Miami, or London, Antigua is easily accessible for busy professionals.

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Aerial of English Harbour and Galleon Beach

Perfect climate for business

The climate is perfect for doing business. With an average temperature of 28 degrees Celsius (82 Fahrenheit), there is no need for air conditioning or heating – something that can be a big drain on resources in other parts of the world.

Great infrastructure

The infrastructure is first-rate. Antigua and Barbuda boasts modern facilities that can accommodate large groups, making it ideal for conferences and other events.

Welcoming and friendly people

The people are friendly and welcoming. Antiguans are known for their hospitality, and this makes doing business on the island a pleasurable experience.

No language barrier

There is no language barrier. English is the official language of Antigua and Barbuda, so there is no need to worry about communicating with clients or colleagues.

Political stability and a robust economy

The country has a long history of political stability. This creates an environment that is conducive to business, as investors feel secure knowing that their investments will be safe.

Business-friendly taxes

The tax regime is favorable to businesses. The country offers many tax incentives for businesses, making it an attractive destination for companies looking to optimize their tax liability.

Wide options for relaxation

There are ample opportunities for recreation and relaxation. After a busy day of meetings, business travelers can enjoy the many activities the island has to offer, such as golfing, sailing, or simply relaxing on one of the many beaches.

Stable currency

With the growing global economic turmoil, more and more investors are looking for stable and dependable currency. The dual-island nation’s currency is stable. The Antigua dollar is pegged to the US dollar, so businesses can budget their expenses with confidence.

Low crime rates

Crime rates are low. Antigua and Barbuda has a very low crime rate, making it a safe place to conduct business.

Paired with its natural beauty and being the Romance Capital of the Caribbean, these are just some of the many reasons why Antigua and Barbuda continue to be a popular destination for business travelers from all over the world. With its strategic location, perfect climate, modern infrastructure, and friendly people, Antigua offers everything that businesses need to succeed.

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