Monday, 3 October 2016

Antigua and Barbuda to Be Potential Investment Hub for Middle East Investors

The nation’s long-term political and economic stability will boost investment and travel from the Middle East

Dubai, United Arab Emirates - Sept. 30, 2016 – (ME NewsWire): Antigua and Barbuda’s long-term political and economic stability will see the nation witness a significant boost in investment and travel from the Middle East. Famed as the ‘Land of 365 Beaches’, the Caribbean paradise is a well-managed business hub with its low-tax structure, offering investment free from personal income tax, capital gains tax, inheritance tax and wealth tax. In addition, the government provides strong economic incentives for foreign investment and is positioning the country for further growth by targeting emerging markets and diversifying its economy.
In an exclusive effort to attract investors from the Middle East and showcase its potential to the UAE, an elite exposition-style conference will take place from 8th-9th October, led by Antigua and Barbuda’s Prime Minister Hon. Gaston Browne, Minister of Foreign Affairs Charles Fernandez, Ambassador to the UAE His Excellency E. Casroy James, and several other prominent officials from the public and private sector.
Commenting on the sidelines of the upcoming event, His Excellency E. Casroy James, said, “The potential benefits to Antigua and Barbuda stemming from this event are numerous. This conference serves as a great opportunity to raise the country’s profile and awareness to the MENA community, increase tourism traffic, attract foreign direct investment, and promote the country’s overall business climate.”
“Antigua and Barbuda will open a new world to individuals who seek luxury, beauty, unexpected opportunities and unique experiences in an exceptional destination. Investors can rest assured that they will have the government’s support, incentives and concessions to start their business seamlessly. As a law abiding nation, we will ensure that the money invested by the investors is well protected,” added His Excellency.
Located in the West Indies region on the eastern edge of the Caribbean, Antigua and Barbuda is a historically important hub on many major sailing routes, and is considered the Gateway to the Caribbean. It is also blessed with one of the sunniest and most temperate climates in the world.
About Antigua and Barbuda
The twin island nation of Antigua and Barbuda is the heart of the Caribbean where the beach signals only a beginning and where investment prospects and adventurous diversions await you. The island is endowed with rich and diverse cultural, culinary, sports and recreational features. The nation encourages enterprise creation and development, providing entrepreneurs with tools to build the foundations for sustainable foreign direct investment.
About the Exposition Conference
Antigua and Barbuda will showcase its investment potential to the UAE through an elite exposition-style conference that will take place from 8th-9th October at Dubai’s Palazzo Versace Hotel. The event will feature high calibre speakers presenting salient aspects of the twin islands in a formal on-stage setting while also providing opportunities to respond to individual queries via a panel discussion and scheduled one-on-one meetings.

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