eBizGuides Antigua & Barbuda

ANTIGUA & BARBUDA REAL ESTATE TRANSPORT

FINANCE INDUSTRY

COMMUNICATIONS ENTERTAINTMENT

AGRICULTURE TOURISM

Budget Rent A Car PO Box W587 Sir George Walter Highway Antigua Tel: 1268 561-6399 Tel: 1268 736-6400 info@budgetanu.com

ANTIGUA & BARBUDA

2017

PRODUCTION Publisher: Pascal Belda Regional Director: Manuel Sainz Secretary General: David Hazán Legal Department: Lucía Martí Project Director: François Farne Project Coordinator: María Almódovar Project Associate: Yolanda Moreno Editor-in-Chief: Stan Aron Creative Director: Elena Costa Krämer Deputy Editor: Camila Higueras EDITION Written and edited by eBiz Guides in collaboration with the Government of Antigua & Barbuda, with special thanks to the Hon. Gaston Browne, Prime Minister; and the Hon. Asot Michael, Minister of Tourism, Economic Development, Investment & Energy. Sector overviews were provided in part by The Antigua Observer, Antigua & Barbuda Investment Authority, Citizenship by Investment Unit, and the Government of Antigua & Barbuda. See bibliography for all source material.

Photos were kindly provided by Antigua & Barbuda Media Center, Admiral’s Inn, Al Porto, Blue Waters, Burgess Yachts and Remi Tessier, Carlisle Bay, Catherine’s Café, Cecilia’s, Club Sushi, PCC Highlander, Rowing the Atlantic, South Point – English Harbour, Sugar Ridge, Super Yacht Mariu, Ticchio – St. John’s ACKNOWLEDGEMENTS We sincerely thank the following individuals and companies: The office of the Prime Minister of Antigua & Barbuda, the Hon. Gaston Browne and Ambassador Lionel Hurst for his support; the Ministry of Tourism, Economic Development, Investment and Energy, the Hon. Asot Michael and his assistant, Miss Rozanne Emanuel, who made the production of this guide conceivable and assisted us in every matter.

The Tourism Authority, its CEO, Mr. Colin James for his time and for providing invaluable information and photographs; to all the people working at the Ministry of Education, especially the Hon. Michael Browne, the Minister of Communication, the Hon. Melford Nicholas and the Minister of Agriculture, the Hon. Arthur Nibbs.

Last but not least, we would like to thank Mr. Cameron Fraser, who gave us the chance to enjoy this wonderful island in one of the most beautiful resorts, Nonsuch Bay, which provided excellent service.

We would also like to thank the heads of the following companies and organizations for their sponsorship and support and without whom this eBiz Guides would not have been possible: Anjo Insurances, Antigua & Barbuda Airport Authority, Antigua & Barbuda Investment Authority, Antigua Port Authority, Caribbean Union Bank, Citizenship by Investment Unit, Cort & Cort, Curtain Bluff, Falmouth Harbour Marina, Financial Services Regulatory Commission, Global Bank of Commerce Ltd, Halcyon Cove by Rex Resort, Hertz, Island Provision Group, Kaizen Corp. (Budget), Luxury Locations, Media Observer Ltd., National Parks Authority, Nonsuch Bay, Social Security Board, St. John’s Development Corporation, State Insurance Corporation, and Tamarind Hills.

DISCLAIMER While every effort has been made to ensure the accuracy of the information contained in this publication, this cannot be guaranteed and neither eBiz Guides nor any related entity shall have any liability to any person or entity that relies on the information contained in this publication. This publication is not a substitute for professional advice and it should not be acted on or relied on or used as the basis for any decision or action that may affect you or your business. Any reliance is solely at the user’s risk.

World Investment News Tel: +34 91 787 3870, Fax: +34 91 787 3889 Email: guides.info@ebizguides.com Website: www.ebizguides.com

4

ISBN: 978-84-945268-9-3 Legal deposit: M-00000-000 Printed by: Montegraf Publicidad Gráfica

HOW TO USE THIS GUIDE The goal of eBiz Guides is to offer extensive economic and investment information on a country, with a focus on the top companies, while offering top-notch tourism and entertainment information. In this way, we believe our readers can get fully acquainted with the country before making long-term investments.

This guidebook is comprised of three major sections including a general introduction, business information, as well as entertainment options.

Introduction Background information on the country is presented in order to give the reader a comprehensive starting point from which he or she can begin making business and entertainment decisions.

Business This section of the guidebook contains key business resources to help readers navigate through their everyday business needs. It also has sector overviews and investment tips to give business globetrotters an in-depth look at the investment, legal framework, and trends across all sectors of the country.

Through personal interviews with the most important businessmen and women of the country, we provide our readers with privileged information and sector analyses. All major corporations are represented through the inclusion of their company profiles, which outline their history, business activities, key projects, and investment opportunities.

Entertainment This section puts the “e� in eBiz by providing exclusive entertainment information specially designed for the international businessman and woman. The country’s best spots to visit, essential activities to discover, top hotels, restaurants, and much more can only be found here. www.ebizguides.com

Icons eBiz Recommended These companies were particular favorites of our team during their stays; this stamp is mostly awarded to restaurants and hotels.

eBiz Recommended Partner Our team conducts interviews with the heads of many companies; when they choose to allocate this stamp to a company, it is because they have received reliable service from the company.

CAUTION! This indicates that the information is important and something worth taking notice of when planning your visit.

5

Honourable Gaston Browne M.P Prime Minister & Minister of Finance www.ebizguides.com

My Dear Friends, I am very pleased to take you through this virtual tour of Antigua and Barbuda by way of this eBiz Guides publication. My island-country has the fastest-growing economy in the Caribbean, the lowest crime rate, and the warmest people on earth.

Our primary method for earning incomes is by way of tourism. In 2017, Antigua and Barbuda will welcome nearly 1,000,000 tourists by sea and air. That number is 10 times its population size. The money which the visitors will spend help to improve the living standards of our people. Tourism receipts account for a significant portion of the government’s tax collections. There is no personal income tax here.

Four years ago, the country embarked on a new means for attracting investments and increasing non-tax revenues.

“The prospects of a very bright future looms ahead. We are seeking to make Antigua and Barbuda an economic powerhouse in the Caribbean.”

The Parliament passed into law the Citizenship By Investment Programme.

The legislation allows those who invest more than $400,000 in a real estate project to enjoy the privileges of Antigua and Barbuda citizenship. Those who contribute $200,000 to a National Development Fund can also secure the coveted Antigua and Barbuda passport.

www.ebizguides.com

The Government has lowered significantly the debt-to-GDP ratio, considerably reducing the balance on an IMF loan that the previous administration incurred. My Government rescued the banking system— that is regionally based—threatened by the failure of Antigua and Barbuda’s largest indigenous financial institution; the certainty resulting from our skillful management of that crisis has caused faith in the future of our economic performance.

Our cargo and tourism ports are being expanded to accommodate the largest ships in the world. The airport terminal is the envy of the Caribbean; it is the most modern and the most efficient, opened less than two years ago. Barbuda has been declared a port of entry, and a new runway is being built there that will complement the two new hotel projects valued at US$500 million.

The trajectory for growth is upward, and the prospects of a very bright future looms ahead. We are seeking to make Antigua and Barbuda an economic powerhouse in the Caribbean. All indications are that we are on our way. I invite you, my friends, to join us. Thanks.

Honourable Gaston Browne M.P. Prime Minister & Minister of Finance

7

Hon. Asot Michael Minister of Tourism, Economic Development, Investment and Energy * (*) Until 23 October 2017 www.ebizguides.com

As the Minister of Tourism, Economic Development, Investment and Energy it is my distinct pleasure to welcome you to the first eBiz Investment Guide Booklet on Antigua & Barbuda, a unique go-to source of information for all your investment information.

Our Citizenship by Investment Program (CIP) managed by our Citizen by Investment Unit (CIU) is one of the most attractive in the region—both for individual investors as well as conglomerates. It is ranked #1 in the Caribbean and #4 in the world. The program offers multiple opportunities for investment— from individual condos to major properties to the production of films. We have been able to drive interest and investment by providing attractive and diverse opportunities to potential investors through our Citizenship by Investment Unit.

Our country’s efforts in attracting Foreign Direct Investment are largely driven by the Antigua & Barbuda Investment Authority (ABIA). This is a “One-StopShop” Government investment promotion agency for both local and foreign investors.

This agency guides investors through the procedures and approval necessary for the successful establishment of their business in Antigua & Barbuda—making finding the correct opportunity that will guarantee a return on your investment even easier.

Antigua and Barbuda is a safe and secure country that is rich in historic and national treasures. As well as being home to 365 of the most beautiful beaches in the world, with ideal warm weather year-round attracting visitors from across the globe, we offer you a great quality of life with international same-day direct air connections to many of the major cities of the world. These include London, New York, Miami, Atlanta, Frankfurt, and Milan.

With a well-educated population, Antigua & Barbuda is one of the most prosperous countries in the Eastern Caribbean with tourism, business service outsourcing and the

www.ebizguides.com

financial services as the largest sectors of the economy. Our highly literate labour force us skilled and well-educated particularly in tourism, information technology-enabled services, financial services, and construction.

The business services that our country provides are underpinned by a robust telecommunications and ICT infrastructure.

From a banking perspective, we have a business-friendly currency and foreign exchange environment. Antigua & Barbuda is a member of the Organization of Eastern Caribbean States (OECS) within a common central bank and currency area.

The country also offers generous financial incentives, as a major competitive advantage.

With a low tax regime, residents of Antigua & Barbuda pay no personal income tax.

With a corporate tax rate of 25%, we offer exemption from the payment or reduction in the corporate tax rate depending on the level of capital investment and number of jobs to be created in the new investment proposals.

Further, exemption from or reduction in the rate of import duty on raw materials, components and machinery and equipment can also be granted.

Antigua & Barbuda has a Common Law system based on the UK model and as such our legal code guarantees investor protection.

So we invite you to take advantage of the limitless opportunities for investment, ranging from high-end tourism properties to developing solar and wind energy.

The best part is that all of this comes with the benefit of interacting with our people who are the warmest and most welcoming that you can find anywhere. I welcome you to find out more about the various opportunities for investment in Antigua and Barbuda, and hope to see you soon in our beautiful country.

Sincerely Hon. Asot Michael Minister of Tourism, Economic Development Investment and Energy

9

COLLECTION We publish country guides that help the world’s top decision makers and investors navigate in countries where they have little knowledge or experience.

We are always on the lookout for countries that would make perfect candidates to be included in our ever-growing list of eBiz Guides.

We actively search for those whose industries are ambitious and excited about the prospect of furthering their notoriety and that of their country. The places we have chosen in the past all have one thing in common - a desire to improve their image and spread this new found image to the world’s top decision-makers.

INDEX INTRODUCTION Map & Regional Profile

12

General Information

14

Diplomatic Institutions

27

Did You Know?

Vocabulary

30 aA

33

business Innovators

34

Business Resources

56

Top 100 Companies

70

Citizenship by Investment Program

72

Economy

90

Investment & Legal Framework

98

Finance

118

Energy

144

Trade & Industry

158

Real Estate & Main Developments

168

Transport

186

ICT & Media

206

Agriculture

214

Education & Healthcare

220

Tourism Industry

236

ENTERTAINMENT Introduction

278

What to See & Do

286

Where to Eat?

291

Where to Stay?

297

MAP

620

61030’

Goat Point

BARBUDA ISLAND

Th

e Hi

ghl

Codrington

ands

Palmetto Point

y

Spanish Point

Ba

ve Gra

E R S S L E

17030’

r no

C A R I B B E A N S E A

ANTIGUA ISLAND Boon Point

Dickenson Bay Runaway Bay Deep Bay Five Island Harbour

SAINT JOHN'S

Bolands

Boggy Peak (402 m)

Valley Church Bay

Falmouth Ba y bou ky r h a rd Ha rbo ur

us

62

170

ar

vo

En

s

is

n’

gl

m

oc

ou

o els

l Fa

N

Half Moon Bay i l l Hudson Point oug hby B ay

H

ez

t

nd

D

Re

REDONDA ISLAND

GUIANA ISLAND Long Bay Devil’s Bridge Nonsuch Bay GREEN ISLAND

W

Carliste Bay

170

LONG ISLAND

Parham

A N T I L L E S

A T L A N T I C O C E A N

17030’

0

61030’

Antigua & Barbuda Capital City Major Cities Other Cities

km

12

0

10

20

30

40

50

www.ebizguides.com

COUNTRY REGIONAL PROFILE

Official name: Political System:

Antigua & Barbuda Parliamentary democracy under constitutional monarchy

Capital city:

Saint John’s

Business capital:

Saint John’s

Population: Area: GDP (current US$): Annual GDP Growth: GDP per Capita (current US$): Climate: International airport: Independence: Main religion(s): Official Language(s): National Holliday: Time zone: Currency: Voltage: Internet domain: International dialing code: Income Group:

www.ebizguides.com

100,963.0 (World Bank 2016 est.)

442.6 sq. km. (1708.8 sq. mi.)

1.449 billion (World Bank 2016 est.)

2.7% (World Bank 2016 est.)

24.100 (2016 est.)

Tropical maritime; little seasonal temperature variation V.C. Bird International Airport November 1st 1981 Protestant and Roman Catholic English, Antiguan creole (unofficial) 1st of November UTC- 4h East Caribbean dollar 230V/60hz .ag (+1 268) High income

13

GENERAL INFORMATION

General Information

OVERVIEW With 365 beaches—one for each day of the year— the twin island state of Antigua & Barbuda stands out from the rest of the islands in the Caribbean. It is not just because of its privileged location, being the hub of the Eastern Caribbean, but also because of its culture, diversified population and magnificent landscapes.

Tourism is the main driver of Antigua & Barbuda’s economy. Nevertheless, over the last couple of years, the new government has and is making plenty of efforts to promote the production of wealth in other sectors of the economy such as energy, real estate, and transport.

Considered a high-end luxury destination, investment opportunities in the country are as numerous as they are secure. With the recent abolition of the personal income taxes and its business-friendly environment, the island is now in the limelight of the international community.

The Caribbean sea is full of treasures, and the twinisland state is one of them: it’s an emerging economic powerhouse.

HISTORY In 1493, Christopher Columbus named Antigua in homage to Santa Maria de la Antigua, the miracleworking saint of Seville, Spain. In 1632, Antigua was permanently settled as a British colony.

The arrival of Sir Christopher Codrington began the sugar era for the island with more than 150 caneprocessing windmills. By the end of the 18th century, Antigua had become an important strategic port and valuable commercial colony. Known as the “gateway to the Caribbean,” it is situated in a position that offered control over major sailing routes.

In fact, most of the island’s historical sites, from its many fortifications, to the impeccably-restored architecture of English Harbour, are reminders of colonial efforts made to ensure its safety from invasion.

Horatio Nelson arrived in 1784 to develop the British naval facilities at English Harbour and to enforce stringent commercial shipping laws. The first of these two tasks resulted in the construction of Nelson’s Dockyard. Serving under Nelson at the time

Fort Berkley by the sea.

16

www.ebizguides.com

General Information was the future King William IV, and it was during William’s reign, in 1834, that Britain abolished slavery in the empire.

In 1967, under the leadership of V.C. Bird, with Barbuda and the tiny island of Redonda as dependencies, Antigua became an associated state of the Commonwealth, and it achieved full independent status in 1981.

LOCATION The country of Antigua & Barbuda lies 17º north of the equator, approximately 2,293 km (1,425 miles) south-east of Miami and 6,600 km (4,076 miles) south-west of the United Kingdom. These fine islands, with a combined area of 440 km² (170 sq. miles), form part of the Leeward Islands in the North Eastern Caribbean. They are strategically located in the center of the Caribbean islands, with neighboring islands Montserrat to the southwest, St. Kitts and Nevis to the northwest, St. Maarten to the north and Guadeloupe to the south.

Washed almost exclusively by the Caribbean Sea, Antigua’s 280 km² (108 sq. miles) are encircled by 153 km (95 miles) of indented coastline while Bar-

buda’s 161 km² (62 sq. miles) are surrounded by reefs, with a large lagoon on the northwest side. The islands are best known for their 365 fine white and pink sandy beaches.

The Government Antigua & Barbuda is a politically stable independent country. It is a constitutional monarchy with the British monarch as head of state. It has a strong democratic system of government based on the Westminster model headed by a Prime Minister which includes the legislative, executive and judicial branches. Elections are held every five years.

Airport Centrally located in the heart of the Caribbean, the twin isles of Antigua & Barbuda are a gateway to the Eastern and Southern Caribbean. The country boasts the largest and most modern international airport in the Eastern Caribbean. Antigua is strategically positioned as a hub for international travel via both air and sea. The country is the home-base of

Antigua & Barbuda boasts the largest and most modern international airport in the Eastern Caribbean.

www.ebizguides.com

17

General Information

The population of Antigua & Barbuda is predominantly black or mixed.

States. Another 3% and 1% came from the United Kingdom and Canada, respectively.

GOVERNMENT STRUCTURE Antigua & Barbuda is a constitutional monarchy with a British-style parliamentary system of government.

The reigning British monarch is represented in Antigua by an appointed Governor General as head of state. The government has three branches: executive, legislative and judicial.

Executive Branch

the regional air carrier LIAT, the Caribbean airline which connects to over 21 destinations throughout the Caribbean.

The new V.C. Bird International Airport terminal building is a total area of 23,050 Sq. meters. The ultra-modern facility houses modern security screening systems, four jet-bridges, 13 boarding gates, a first-class departure lounge which can accommodate up to 1,200 passengers, along with several VIP Lounges. The airport will also be equipped with up-to-date passenger processing and monitoring facilities, flight information display systems (FIDS) and genuine duty-free shopping.

DEMOGRAPHICS The population of Antigua & Barbuda is predominantly black or mixed, with 1.9% of the population being white and 0.7% East Indian. There is also a small Amerindian population.

The 2001 census disclosed that 30% of the total population of Antigua & Barbuda reported their place of birth in a foreign country. Over 15,000 of the foreign-born were from other Caribbean states, representing 80% of the total foreign-born population.

The main countries of origin were Guyana, Dominica, and Jamaica.

The largest single group from a country outside the region came from the United States, as approximately 9% of the foreign-born came from the United

18

The executive branch is derived from the legislative branch. As leader of the majority party in the House of Representatives, the Prime Minister appoints other members of Parliament to be his cabinet ministers.

Legislative Branch The bicameral Parliament consists of the seventeenmember House of Representatives, responsible for introducing legislation, and the seventeen-member Senate, which reviews and gives assent to proposed legislation.

Representatives are elected by popular vote in general elections that are constitutionally mandated every five years but which may be called earlier.

Senators are appointed by the Governor-General.

The major figures in Parliament and the government come from the House of Representatives. The Prime Minister is the leader of the party that holds the majority of seats in the House; the opposition leader is the representative, appointed by the Governor General, who appears to have the greatest support of those members opposed to the majority government.

The Prime Minister creates an executive government and advises the Governor General on the appointments of 13 of the 17 seats in the Senate. The leader of the opposition, recognized constitutionally, is responsible for advising the Governor General on the appointment of the remaining four senators to represent the opposition in the Senate. The opposition leader also consults with the Governor General, in conjunction with the Prime Minister, on the composition of other appointed bodies and commissions. As such, the opposition is ensured a voice in government.

www.ebizguides.com

General Information Judicial Branch The Legal System is derived from English common law and statues. The courts administer the laws of Antigua & Barbuda, which consist solely of local legislation.

The judicial branch is relatively independent of the other two branches, although the magistrates are appointed by the Office of the Attorney General in the executive branch.

The judiciary consists of the Magistrate’s Court for minor offenses and the High Court for major offenses. To proceed beyond the High Court, a case must pass to the Eastern Caribbean States Supreme Court, whose members are appointed by the Organisation of Eastern Caribbean States (OECS).

All appointments or dismissals of magistrates of the Supreme Court must meet with the unanimous approval of the heads of government in the OECS system; the Prime Minister of Antigua & Barbuda acts on the recommendation of the Attorney General in making decisions concerning this judicial body.

The Judicial Committee of the Privy Council, located in London, stands as the final court of appeal for Antigua & Barbuda.

The Caribbean Court of Justice (CCJ) is the proposed regional judicial tribunal to be established by the Agreement Establishing the Caribbean Court of Justice.

Political Parties There are two major political parties in Antigua & Barbuda. The Labour Party, which is currently governing, and the United Progressive Party, playing the role of the opposition after governing for 10 years.

The current leader of the Antigua Labour Party (ALP) is Gaston Browne, who serves as the Prime Minister of Antigua & Barbuda. The party had been previously led by Lester Bird, who was chairman of the party since 1971 and became Prime Minister and political leader in 1994. The party was founded by Lester’s father, V.C. Bird. The ALP has traditionally largely been seen as the political arm of the Bird family.

With the exception of five years in the 1970s, the ALP ruled Antigua & Barbuda for over four decades.

It was in opposition from 2004 to 2014, and it has been in power again since 2014, after winning the majority of the seats in the legislature following the 2014 general election.

www.ebizguides.com

Addresses of the Ministries Ministry of Foreign Affairs and Office of the Prime Minister Queen Elizabeth Highway St. John’s, Antigua Local Telephone: (+1 268) 462 4610 / (+1 268) 562 1868 foreignaffairs@ab.gov.ag

Ministry of Information, Broadcasting, Telecommunications, Science, and Technology Coolidge Business Complex Sir George Walter Highway St. John’s, Antigua Local Telephone:(+1 268) 468 4600 / (+1 268) 562 1868 webteam@ab.gov.ag

Ministry of Legal Affairs New Government Office Complex Parliament Drive.

St. John’s, Antigua Local Telephone: (+1 268) 462 0017/19 / (+1 268) 462 0019 legalaffairs@antigua.gov.ag

Ministry of Health, Social Transformation, and Consumer Affairs Popeshead Street.

St. John’s, Antigua Local Telephone: (+1 268) 562 6640 / (+1 268) 562 3637 socialtransformationantigua@gmail.com

Ministry of Finance, The Economy, and Public Administration Parliament Drive St. John’s, Antigua Local Telephone: (+1 268) 462 3438 (+1 268) 462 2922 ps.finance2011@gmail.com

Ministry of National Security and Labour Long and Thames Street St. John’s, Antigua Local Telephone: (+1 268) 562 6141 / (+1 268) 561 6141 mnsanugov@gmail.com

19

General Information

Gardens at Jolly Beach Resort.

Ministry of Trade Industry and Commerce

Ministry of Works and Transport

Old Parham Road.

St. John’s, Antigua

St. John’s, Antigua

Local Telephone: (+1 268) 462 0890 / (+1 268) 462 2953

Local Telephone: (+1 268) 462 1532 / (+1 268) 462 1532 trade@antigua.gov.ag / trade.antiguabarbuda@gmail.com

Ministry of Tourism, Civil Aviation, and Culture Nevis Street.

St. John’s, Antigua

St. John’s Street

publicworks@antigua.gov.ag

Governor General’s Office Church Street St. John’s, Antigua Local Telephone: (+1 268) 462 0003 / (+1 268) 462 0003 governorgeneral@antigua.gov.ag

Local Telephone: (+1 268) 463 9522/23 / (+1 268) 462 0480

Office of the Ombudsman

mililetteambrose@hotmail.com

# 3 Prime Minister’s Drive.

Ministry of Agriculture, Lands, Housing and the Environment Queen Elizabeth Highway - Independence Drive.

St. John’s, Antigua Local Telephone: (+1 268) 462 1007/08 / (+1 268) 462 1213 minagri@antigua.gov.ag

Ministry of Education, Sports, Youth and Gender Affairs New Government Complex - Queen Elizabeth Highway.

St. John’s, Antigua Local Telephone: (+1 268) 462 0192/93 / (+1 268) 462 4959 mineducation.edwards3@gmail.com

20

St. John’s, Antigua Local Telephone: (+1 268) 462 9364 / (+1 268) 462 9364 ombudsman29@antigua.gov.ag

FOREIGN RELATIONS SECURITY Strong economic and political bonds largely determined the country’s foreign relations in the late 1980s.

Antigua & Barbuda’s primary diplomatic relations were with other Caribbean countries, the United States, the United Kingdom, and Canada; and embassies were maintained in each of these countries.

Firmly anti-communist, Antigua & Barbuda was considered in 1987 to be one of the most ardent sup-

www.ebizguides.com

General Information porters of the United States in the Caribbean area.

Various forms of aid from the United States were important to Antigua & Barbuda, as was North American tourism. Of importance to the United States was the fact that Antigua occupied a strategic position and hosted a United States military presence, including air force and naval facilities. After Antigua & Barbuda gained independence, the United States consulate that had been established in 1980 was upgraded to an embassy in 1982, with a staff of eighteen.

As a member of CARICOM, Antigua & Barbuda supported efforts by the United States to implement UN Security Council Resolution 940, designed to facilitate the departure of Haiti’s de facto authorities from power. The country agreed to contribute personnel to the multinational force which restored the democratically elected government of Haiti in October 1994.

In May 1997, Prime Minister Bird joined 14 other Caribbean leaders and President Clinton for the firstever US-regional summit in Bridgetown, Barbados.

The summit strengthened the basis for regional cooperation on justice, counter-narcotics issues, trade, finance, and development.

Antigua & Barbuda is a member of the United Nations, the Commonwealth of Nations, the Organization of American States, the Organization of Eastern Caribbean States, the Bolivarian Alliance for the

Americas, Petrocaribe, and the Eastern Caribbean›s Regional Security System (RSS).

Antigua & Barbuda is also a member of the International Criminal Court with a Bilateral Immunity Agreement of protection for the US-military.

GEOGRAPHY Antigua & Barbuda form an independent state in the Lesser Antilles in the Eastern Caribbean Sea, at the southern end of the Leeward Islands chain. There is one dependency, the small island of Redonda. The capital is St. John’s, located in Antigua.

Antigua & Barbuda lies in the eastern arc of the Leeward Islands of the Lesser Antilles, which separate the Atlantic Ocean from the Caribbean Sea. Antigua is located 650 kilometers southeast of Puerto Rico. Barbuda lies 48 kilometers north of Antigua, and the uninhabited island of Redonda is 56 kilometers southwest of Antigua. The largest island, Antigua, is 21 kilometers across and 281 km2 in area; or about two-thirds the size of New York City.

Barbuda covers 161 km2, while Redonda encompasses 2.6 km2. The capital, St. John’s, is located at St. John’s Harbour on the northwest coast of Antigua. Barbuda’s main city is Codrington, located on Codrington Lagoon.

Antigua & Barbuda are both generally low-lying islands whose terrain has been influenced more by limestone formations than volcanic activity. Antigua is a limestone and coral island recognized for its numerous coves, bays, 365 white sand beaches and clear turquoise-colored waters. The highest point on Antigua, however, is Boggy Peak, the remnant of a volcanic crater rising 399 meters. This mountain is located amid a bulge of hills of volcanic origin in the southwestern part of the island.

Barbuda is a low-lying coral island, known for its untouched pink coral and white sand beaches.

Barbuda’s highest elevation is 44.5 meters, part of the highland plateau east of Codrington. The shorelines of both islands are greatly indented, with beaches, lagoons, and natural harbors. Both islands lack adequate amounts of fresh groundwater.

Territorial organization

Sunset over Jolly Beach Resort.

www.ebizguides.com

Antigua & Barbuda is a island-nation, made up of Antigua, which is divided into six parishes, and several small islands and islets, two of which—Barbuda and Redonda—have a “dependency” status.

21

General Information Weather Antigua & Barbuda has a tropical climate, hot and humid all year round, with a relatively cool and dry season from January to mid-April, and a hot, humid and rainy season from mid-June to mid-November.

In the former period, the northeast trade winds, constant winds typical of tropical climates, blow steadily and with moderate intensity, while in the latter period the winds are more irregular, and may have some breaks, increasing the feeling of sultriness.

Between them, there are two transitional periods: from mid-November to early January (when the northeast wind starts to blow, the temperature decreases slightly, and the weather gets better), and from mid-April to Mid-June (when both the temperature and the frequency of downpours gradually increase).

The average daily temperature is around 25 °C (77 °F) in January and February, while it goes up to around 28 °C (82.5 °F) from June to September.

The parishes of Antigua are: Parish Saint George

Capital

Area (km²)

Population (2001)

Piggotts

24,41

6,673

Saint John

Saint John’s

66,96

45,346

Saint Mary

Bolands

63,55

6,793

Saint Paul

Nelson’s Dockyard

45,27

7,848

Saint Peter

Parham

Saint Philip

Carlisle

32,37

5,439

NATURAL RESOURCES Flora & Fauna Most of the vegetation is scrub, but there is luxuriant tropical growth where fresh water is available. Many varieties of fruits, flowers, and vegetables are grown.

Palmetto and seaside mangrove are indigenous, and about 1,600 hectares (4,000 acres) of red cedar, white cedar, mahogany, whitewood, and acacia forests have been planted.

Barbuda is heavily wooded, with an abundance of deer, wild pigs, guinea fowl, pigeons, and wild ducks.

Pineapple plantations can be found throughout Antigua.

22

On September 6th, 2017, Hurricane Irma, one of the strongest hurricanes ever recorded over the Atlantic Ocean, swept through the Caribbean leaving a trail of devastation. At least 28 people across the region are known to have died, and damage amounts to at least US$ 10.4 billion, making it the most destructive hurricane in the history of the region.

Hurricane Irma has devastated the island of Barbuda, with Prime Minister Gaston Browne calling the damage “heart-breaking and devastating.”

He added that 95% of buildings on the island had been damaged, including the airport, and that “Barbuda is literally rubble.”

Indeed, the expense of rebuilding houses alone is expected to top US$ 67 million.

Packing 185mph winds, the category 5 storm destroyed houses, snapped trees and killed at least one person. With most of Barbuda’s infrastructure obliterated, electricity and water supplies also needed to be re-established following the disaster.

As of Wednesday 20th of September 2017, the island of Barbuda has been completely evacuated in preparation for Hurricane Maria, with the

www.ebizguides.com

General Information exception of abandoned dogs and livestock. For the first time in 300 years, not a single person was living on the island.

The government plans to rebuild the island with the assistance of international humanitarian help, which will take a considerable amount of time given the extent of the damages.

Prominent voices, such as actor Robert de Niro, are urging help for the island. Some wealthy individuals have made donations that add up to around US$ 5 million and countries have come forward with immediate relief. Indeed, Theresa May announced on September 7th that ÂŁ 32 million had been made available to assist the region.

The Red Cross released an initial 120,000 Swiss francs from its Disaster Relief Emergency Fund to Antigua & Barbuda and St. Kitts & Nevis. The World Food Program moved a convoy of contingency food supplies to the north of Haiti.

PEOPLE & CULTURE Population As of 2017, Antigua & Barbuda has a population of 100,963 according to the latest United Nations estimates. Antigua & Barbuda ranks number 201 in the list of countries (and dependencies) by population.

Language English is the spoken language.

Culture The culture of Antigua & Barbuda (local creole pronunciation, Antiga & Barbuda) is a classic example of a Creole culture. It emerged from the mixing of Amerindian (Carib and Arawak), West African, and European (primarily British) cultural traditions.

Religion According to the 2001 census, which has the most reliable figures available, 74 percent of the population of Antigua & Barbuda is Christian. The Anglican

Antigua’s carnival celebrates its 60th anniversary in 2017.

www.ebizguides.com

23

General Information Church is the largest religious denomination, accounting for an estimated 26 percent of the population.

BUSINESS WORKING HOURS Monday to Friday: 8:00 – 16:30

PUBLIC HOLIDAYS & FESTIVALS

Government office hours: Monday to Thursday 8:00 – 16:30, and Friday 8:00 – 15:00.

On public holidays locals like to get together with family and friends and spend the day at the beach as they don’t get to do that on a regular basis. There are often events happening on these days around the island.

NATIONAL SYMBOLS

■ NEW YEAR’S DAY – This is a day of relaxation and for family and friends to get together with each other for the new year.

The flag

■ GOOD FRIDAY – As this is a major religious holiday, most people in Antigua will attend church.

■ EASTER MONDAY – Another day for relaxation often at the beach. A tradition in Antigua, as well as the rest of the Caribbean, is kite flying on Easter Monday, so one will often find kite flying gatherings around the island.

■ LABOUR DAY – The day to celebrate the hard work. Each political party in Antigua organizes a huge bash by one of the many beaches on the island. The party includes lots of food, drink, socializing and evening concerts of local and international artists.

■ PENTECOST / WHIT MONDAY – A day to get together with family and friends and maybe to have a picnic or barbeque on the beach.

■ INDEPENDENCE DAY – 1st of November – Food fairs, sports competitions, dance festivals, art and craft exhibitions and even kite flying contests are held across Antigua during the month-long run-up to Independence Day. Look out for the schools, offices and government buildings festooned in colorful decorations for the occasion and people dressed in the national colors. On Independence Day itself, there is always an official address to the nation by the Prime Minister of the island and a ceremonial gala parade at the Antigua Recreational Ground.

The flag was designed by Mr. Reginald Samuel in 1966. The seven-point Golden Sun symbolizes the dawn of a new era. The red symbolizes the lifeblood of slave forefathers and the dynamism of the people.

The blue symbolizes hope. The black symbolizes the soil and African heritage. The gold, blue, and white symbolize Antigua & Barbuda’s tourist attraction— sun, sea, and sand. The forming “V” states Victory at last!

The flag was adopted on February 27, 1967.

The Coat of Arms

■ NATIONAL HEROES DAY- 9th of December – Day to commemorate the life of the late V.C Bird, first Prime Minister of Antigua & Barbuda and its other national heroes.

■ CHRISTMAS DAY – Christmas is a family holiday, so locals cook and spend the day at home welcoming visitors. For visitors from far away who don’t have family on the island, there is a Champagne Party on Nelson’s Dockyard.

■ BOXING DAY – The beach is the favorite activity on Boxing Day.

24

■ “EACH ENDEAVOURING, ALL ACHIEVING” was composed by Mr. James H. Carrot M.B.E ■ The PINEAPPLE surmounting the arms represents the famous Antigua Black Pineapple.

www.ebizguides.com

General Information ■ The red HIBISCUS flowers are symbolic of the many varieties that bloom in the Nation.

■ The golden SUN and the wavy blue and white bands symbolize the sea, sun, and beaches.

■ The central SUGAR MILL TOWER and the stem of sugar cane echo the historical production of sugar, once the main industry.

■ The Century Plant or DAGGER POLE, with its stem and showy golden yellow flowers, is part of the historic emblem of Antigua and the Leeward Islands.

■ The two rampant DEER depict the only large animal within the Eastern Caribbean, that is unique to Antigua & Barbuda.

■ The SCROLL bears the motto of the Nation.

The National anthem Lyrics by - Novelle Hamilton Richards.

Music by - Walter P. Chambers Fair Antigua and Barbuda We thy sons and daughters stand, Strong and firm in peace or danger To safe guard our native land.

We commit ourselves to building A true nation brave and free.

Ever striving ever seeking Dwell in love and unity.

Raise the standard! Raise it boldly!

Answer now to duty›s call To the service of thy country, Sparing nothing, giving all; Gird your loins and join the battle ‹Gainst fear, hate, and poverty, Each endeavouring, all achieving, Live in peace where man is free.

God of nations let Thy blessings Fall upon this land of ours; Rain and sunshine ever sending, Fill her fields with crops and flowers; We her children do implore Thee, Give us strength, faith, loyalty, Never failing, all enduring To defend her liberty.

www.ebizguides.com

CURRENCY The unit of currency is the Eastern Caribbean dollar (EC$ or XCD) although U.S. dollars are widely accepted on the island. Traveller’s checks and major credit cards are accepted, and ATM’s are available around the island. The exchange rate is fixed at US$ 1 = EC$ 2.70. Most banks are open from 8:00 a.m. to 2:00 p.m. from Mondays to Thursdays and until 4:00 p.m. on Fridays.

ENTRY REQUIREMENTS All visitors to Antigua & Barbuda must be in possession of an onward or round-trip ticket. Visitors require a valid passport with at least six months validity before expiry from arrival date. UK and USA passport holders do not require a visa

HOW TO GET THERE Antigua is served by several major airlines in the United Kingdom, mainland Europe, the United States of America and Canada. Flight times from the UK and Europe range from eight to nine hours; USA flights range from three to four hours, while those from Canada are approximately five hours long.

25

General Information LIAT, Caribbean Airlines, inter-Caribbean, Seaborne, Pawa Dominicana, St. Barth Commuter, Tradewinds Aviation, ABM Air, Fly Montserrat, Winair and Caribbean Helicopters provide inter-island connections. Flights land at the modern V.C. Bird International Airport located in Coolidge.

Cruise ship ports are located in St. John’s Harbour.

Private boaters can enter at St. John’s Harbour, Jolly Harbour, English Harbour, Falmouth Harbour, St. James’s Club, Shell Beach Marina, and North Sound Marina.

GETTING AROUND Renting a car is an ideal way for visitors to discover more of Antigua. A valid driver’s license and an

EC$ 50 fee are required to obtain a permit to drive in Antigua. The rental agency will assist in securing this temporary license, which is valid for 90 days.

Motorists drive on the left.

Taxis are available throughout Antigua. Fares between the airport, harbors, and many hotels and destinations are fixed and can be obtained upon arrival. Taxi drivers are also qualified as tour guides for sightseeing trips. Tour rates can be obtained beforehand through hotels.

For those interested in exploring via public transportation, the West Bus Station and the East Bus Station are located in the capital city of St. John’s.

Buses at the West Bus Station, serve the South and South West side of the island, while the East Bus Station serves the East and North East. Bus fares start from US$ 1.

The Shirley Heights Sunday Sunset Party in Antigua.

26

www.ebizguides.com

DIPLOMATIC INSTITUTIONS

CONSULATES AND EMBASSIES IN ANTIGUA & BARBUDA Australian Consulate Caribseas Building, North Street, St. John’s (+1 268) 462 5915/ 4/ 3 Honorary Consul: Clarvis Joseph

Czech Republic Honorary Consulate Lower Factory Road, West Indies, St. John’s (+1 268) 460 5860/1 saintjohns@honorary.mzv.cz

Austrian Consulate Coconut Beach Club in Five Islands, P.O. Box 1448, St. John’s (+1 268) 463 86 98 consulatanu@luery.com; gabriela.luery@gmail.com Consul: Gabriela Luery

Colombian Consulate Stella Maris, Hodges Bay, Main Road, P.O. Box 734 St. John’s (+1 268) 560 4622 mbritto@hconsulatecol.com luan@hotmail.com Consul: Maria Brito

Barbadian Consulate Goddard Catering Group (Antigua Ltd), P.O. Box 585 St. Johns (+1 268) 462 3122, (+1 268) 727 7433 perdo.corbin@goddardcatering.com Consul: Pedro D. Corbin Brazilian Embassy Price Water House Building, Old Parham Road, St. John’s (+1 268) 562 7532 / 4 / 5 (+1 268) 776 5838 Ambassador: Raul Campos e Castro Chinese Embassy Cedar Valley, P.O. Box 1446 St. John’s (+1 268) 462 1125 chinaemb_ag@mfa.gov.cn http://ag.chineseembassy.org/eng/ Ambassador: Wang Xianmin

www.ebizguides.com

Royal Danish Consulate 54 High Street, St. John’s (+1 268) 462 0183, 462 0183 Consul: Michaell Clement Hall Dominican Republic Consulate Stapleton House, Stapleton Lane, Suite No. 2, St. John’s (+1 268) 562 6570 Consul: Adriano Alberto Herrera Rodríguez Finnish Consulate The Law Office Building Lower Sir Sydney Walling Highway St. John’s (+1 268) 460 5860 johnk@candw.ag Honorary Consul: Kelvin John

27

DIPLOMATIC INSTITUTIONS French Honorary Consulate Long Bay P.O. Box 2086, St. John’s (+1 268) 462 3625 (+1 268) 721 5587 frenchconsulateantigua@hotmail.com Honorary Consul: Christiane Hansen German Honorary Consulate Ocean View, Hodges Bay/Antigua, W.I., 1259 St. John’s (+1 268) 462 3174 bielc@candw.ag Consul: Derek Biel Guayanese Consulate First Avenue, Lower Gambles, P.O. Box 1159 St. John’s (+1 268) 562 5314 /5 rreislpkanu@candw.ag Consul: Robert Edwin Reis Italian Embassy Falmouth Harbour, St. John’s (+1 268) 460 1543 falconec@candw.ag Jamaican Consulate 6 Temple Street, P.O. Box 2372 St. John’s (+1 268) 460 6184 lawrhudd@candw.ag Honorary Consul: Mr Seotimus A. Rhudd Morocco C/o Antigua Insurance Company Limited, Long Street P.O. Box 511 St. John’s (+1 268) 480 9000 anicol@candw.ag Honorary Consul: Salem Khouly Dutch Consulate c/o Kenneth A. Gomez and Sons, High Street, P.O. Box 195 St. John’s (+1 268) 462 0308 kagomez@candw.ag Consul: D. C. Gomez

28

Norwegian Consulate Francis Trading Agency Ltd, Rioa Building, St. John’s (+1 268) 462 4555 http://ab.gov.ag/gov_v4/ Consul: Eustace Bernard Francis Portuguese Consulate Friar’s Hill Road, P.O Box 13 St. John’s (+1 268) 480 3200 / 461 3122 Consul: Anthony Bento Spanish Honorary Consulate Sunset Lane, Paradise View St. John’s (+1 268) 480 3319 / 8 spainconsulanu@gmail.com Honorary Consul: Mitchel A. Hill United States of America 2 Jasmine Court, Friars Hill Rd., St. John’s (+1 268) 463 6531 (+1 268) 726 6531 http://barbados.usembassy.gov/consular_agents2.html Consular Agent: Pamela Arthurton Venezuela Old Parham Road, P.O. Box 1201 St. John’s (+1 268) 462 8923 (+1 268) 462 1574 embaveneantigua@yahoo.es Ambassador: Carlos Amador Pérez

ANTIGUA & BARBUDA’S

EMBASSIES AND CONSULATES ABROAD Consulate in Canada Consulate General of Antigua & Barbuda in Toronto 60 St. Claire Av East, Suite 304 Toronto, Ontario (+1) 416 961 3143 info@antihua-barbuda-ca.com Consul General: Anne-Marie P. Layne

www.ebizguides.com

DIPLOMATIC INSTITUTIONS Embassy in Cuba Suite 132, Santa Clara building, Miramar Trade Center, 3rd Avenue and 78th Havana City (011 537) 207 9756 Ambassador: Peter Benjamin Consulate in Dominican Republic Juan Alejandro Ibarra 124, Ensanche La Fe Santo Domingo (+1 809) 544 3797 (+1 809) 565 4721 Honorary Consul: David Ricardo Koening Embassy in France 43, Avenue de Friedland 75008 Paris (+33) 1 53 96 93 96 Consul: Christiane Hansen Consulate in Germany Mayrhofener Weg 22 , 61352 Bad Homburg v. d. H., Frankfurt (+49) 6172 48 85 00 antigua-barbuda@karibik.org Consul: Werner Ulrich Giersch Consulate in India F-4 (Third Floor)- Anand Niketan, Benito Juarez Marg 110021 New Delhi ramdas.pai@manipal.edu Consul General: Ramdas Madhava Pai Honorary Consulate in Italy Via Santa Maria, Alla Porta 9, 20123 Milan (+39) 0287 79 83 Tourism Sales Representatives of Antigua & Barbuda: Yvonne Fisher Consulate in Japan 3-7-9, Honmachi, Nihonbashi, Chuo-ku, 103-0023 Tokyo (+81) 3 3639 8901 (+81) 3 3779 1343 Consul: Sato Hiroshi Consulate in South Korea 9F Hyunma Building, 238-6 Jongno 6-ga, Jongno-gu, Seoul (+82) 2 742 9770 Consul: Sung-hee Rhee

www.ebizguides.com

Consulate in Sweden Klyvarevgen 17 13142 Nacka (+46) 8 718 1415 Honorary Consul: Joupert Williams Antigua High Commission in the United Kingdom 45 Crawford Place, 2nd Floor W1H4LP London (+44) 2072 580 070 Acting High Commissioner: Althea Allison Vanderpoole Banahene Embassy in the United States OECS Building, 3216 New Mexico Ave. N.W. 20016 Washington, D.C. (+1) 202 362 5122 embantbar@aol.com Ambassador: Deborah Mae Lovell Permanent Mission to the United Nations in New York 305 East 47th Street, 6th Floor 10017 New York (+1) 212 541 4117 unmission@abgov.org www.abconsulate.nyc Ambassador and Permanent Representative: Dr. Walton Alfonso Webson, Consulate General in Miami, United States 25 S.E. 2nd Avenue, Suite 300 Florida 33131 (+1) 305 381 6762 cganubar@bellsouth.net Consul General: Gilbert Boustany, Consulate General in New York, United States 305 East 47th Street, 6th Floor 10017 New York (+1) 646 215 6039 antigua@un.int Honorary Consul General: Emanuel Mc Chesney Permanent Mission in Washington DC, United States O.E.C.S. Building, 3216 New Mexico Avenue 20016 Washington, D.C. (+1) 202 362 5122 embantbar@aol.com His Excellency Sir Ronald Sanders

29

?

DID YOU KNOW?

•

Antigua means “Ancient” in Spanish. The island was named by Christopher Columbus after an icon in Seville Cathedral called Santa Maria de la Antigua.

•

Although the country is made of two major islands, it is also the host of smaller islands including Great Bird, Maiden, Long, Green, Guinea, York Islands, and Redonda.

•

Antigua is also known as “Waladii” or “Wadadii” by the native population.

•

•

Antigua is in the middle of the Leeward Islands in the Eastern Caribbean, where the Caribbean Sea meets the Atlantic Ocean. Antigua is the largest of the English speaking Leeward Islands. However, it remains small at 14x11 miles.

Antigua holds the title of being the sunniest of the Eastern Caribbean Islands. Temperatures average 21º Celsius in the winter and 26º in the summer. The average annual rainfall is 45 inches, and the island experiences constant northeast trade winds, with low humidity all year round.

A cricket game in the recently built Sir Vivian Richards Stadium.

30

www.ebizguides.com

DID YOU KNOW? •

The country is known as the “land with 365 beaches”.

•

English is the official language of the country, but the Antigua Creole is widely spoken.

•

The game of Cricket in Antigua is more of a religion than a mere sport. A day of cricket is a brilliant way to view Antigua culture first hand.

www.ebizguides.com

?

•

Mount Obama is the highest point. Its name was changed from Boggy Peak in 2009 in honor of United States President Barack Obama.

•

Nelson’s Dockyard was named a UNESCO World Heritage Site in 2016.

31

32

www.ebizguides.com

VOCABULARY

aA

ENGLISH CREOLE How are you?

I am fine I am happy Thank you I am sorry My name is What is your name?

Where are you from?

Yes No Goodbye How much is it?

It’s too expensive Lower the Price I cannot speak Do you speak English?

Let’s go Stop

www.ebizguides.com

How you do?

Me good Me happy man Tanks Me sorry Foo me name be Wha foo you name Wey you from Yeh Nuh See you A how much foo dat?

Lard, dat dey expensive Ca dung de Price Me carne tark Ya speak English?

Mek arewe go Tan up

33

INNOVATORS

Innovators

Innovators

Mr. Brian Stuart Young Chief Executive Officer Global Bank of Commerce

36

www.ebizguides.com

Innovators

“Antigua enjoys a growing reputation as an up-market destination that meets the high expectations of visitors and investors seeking worldclass tourism and financial services.”

Where do you see the biggest opportunities for foreign investment in Antigua compared to the other countries in the region?

The main attraction for investment in Antigua & Barbuda is the very positive welcome the investor will receive from both the government and the private sector. We extend the hospitality of our shores to visitors and investors, inviting them to make us a “home away from home.” It is best known for its 365 white-sand beaches, but Antigua enjoys a growing reputation as a trusted Caribbean destination for both tourism and international financial services.

The government is vigorously pursuing programs to enhance and strengthen these two sectors as key pillars of the economy.

Whilst Antigua’s international financial center is relatively small, as a friendly, nonvolatile, politically stable and sovereign jurisdiction it is attractive to clients seeking a safer harbor away from the volatility of larger markets.

Antigua enjoys a growing reputation as an up-market destination that meets the high expectations of visitors and investors seeking world-class tourism and financial services.

Our future building blocks, however, should not only be focused on growing business opportunities related to North-South relationships, which traditionally occupy 90% of our services. It is equally important to develop South-South relationships as these are new markets which expand our business opportunities. www.ebizguides.com

For example, we have had diplomatic relationships with China since 1983 and, today, our friendship has blossomed to include substantial economic cooperation, which is playing a critical and valued role in our national economic infrastructure and development programs. Yet, at this time we have no convenient travel communications between ourselves and, therefore, there are not sufficient incentives to attract the growing tourism market from China.

The same is true in respect of our visitors from our cricketing colleague nations of India, Pakistan, Bangladesh and the Middle East or Africa. It is a fact that tourism helps to encourage a greater exchange in the understanding of cultures and the opportunities for investments.

During his 2016 visit to UAE, Prime Minister Gaston Browne stated that he would like Antigua to become the “Dubai of the Caribbean.” In your opinion, what are Antigua’s main advantages in the financial sector that would reassure the potential investors to come to the country?

As mentioned, in order to attract new tourism markets and investors to Antigua, we need to establish direct travel routes between the regions. It has been discussed that the best hub to interface with Antigua as a hub for the Caribbean would be Dubai, which could act as a direct gateway to Antigua since a 777 could easily travel that route in about 11 hours. If we establish that, it can 37

Innovators

Photo: Global Bank of Commerce: www.globalbank.ag

“In order to better adapt, adopt and tailor our services we needed to be in control of our banking platforms and be able to process electronic financial transactions.” be a gateway for all the nations, and we can expand South-South relationships.

to accept their payment mechanisms such as UnionPay.

So what we want to look forward to in the future is to be able to develop our opportunities not just in the traditional path, but also see tourism as a catalyst for investment. People rarely will come to invest if they haven’t visited, seen our environment, or had the opportunity to investigate business and banking services. So if you unlock some of those doors, then you open the opportunity for a broader school of investment attraction.

Part of what my bank tries to do is to look ahead and, working in collaboration strategic partners, prepare for the role that banking will need to adopt to meet national economic demands and the lifestyles of locals and visitors.

Our bank, Global Bank of Commerce, is already in discussions to have a relationship with a bank in Dubai, and we expect to be able to offer accounts in the currency of Dubai, the Dirham. The Dirham, like the Eastern Caribbean dollar, is fixed to the US, so it’s a very stable currency.

In the case of China, our bank has already established the first bank of the Caribbean to be a principal member of China UnionPay. This is the Chinese equivalent to Visa or MasterCard. If we want to attract visitors and tourists here, then we must also be able 38

The Global Bank of Commerce was the first bank to be licensed in Antigua & Barbuda under its International Business Corporation Act in 1982 and is the grandfather of international financial services operated in the jurisdiction’s financial center. What are the main reasons behind your bank’s ongoing success in the Caribbean?

We feel it is our ability to focus on the attention to the satisfaction of our clientele. We are a small bank, but we have been steadily growing, and I think all of that contributed to our commitment to provide the appropriate technology that offers the security and comfort for persons to do banking with their fingertips, and being able to have the types of products and services that make www.ebizguides.com

Innovators it convenient for them to conduct international business.

One of the main objectives of your bank is to support national development and the government in achieving investment opportunities that will grow the economy. Can you tell us about some of your biggest success stories in the country so far, to which you contributed?

We assisted the government in achieving its first major state acquisition in Antigua which was the purchase of all the shares in the West Indies Oil Company. We assisted them in gaining 100% control and subsequently attract other investors.

The shareholders of Global Bank of Commerce incorporate innovation as one of the pillars of its development and have made other investments in the local financial sector including Caribbean Union Bank, the Global Processing Centre and SugaPay. How are these investments related and what role will they play in modernizing the banking system in Antigua and improve the ease of making payments?

There is a fin-tech revolution impacting banking services today, and banks must meet the demands and lifestyles of the communities they serve. We recognized that in order to better adapt, adopt and tailor our services we needed to be in control of our banking platforms and be able to process electronic financial transactions.

So we first invested in the Global Processes Centre, which processes for Visa and MasterCard, and it has direct connectivity into Shanghai to be able to process China’s UnionPay card and merchant services.

Having established the technical platform to operate from, the next option was to move to creating our own alternative payment system. We see our home-grown SugaPay service as a convenient payment service www.ebizguides.com

equivalent to the PayPal service. The differences between PayPal and our services is that PayPal tends to replace banking services whereas our services are designed to enable rather than replace the bank. Both the processing service and the SugaPay service are bank-neutral, and we are working with banks and credit unions locally and regionally to upgrade their payment services.

This includes support for online payments for government and private business merchants. Since 2016 we initiated online payments for renewing a driver’s license, or to apply for an e-visa for immigration entry. We expect to expand this service to other governments departments, to include the payment of various government taxes, fees, and statutory payments.

What vision do you have for SugaPay regarding its development across the Caribbean?

The financial services sector in the Caribbean will have to follow the world in its move toward a more cashless society. We are in the early stages of service revolution spurred by emerging technology, evolving customer lifestyle habits, and an ever-changing regulatory landscape. SugaPay and Global Processing Centre will play a role in this evolution, serving as enabling channels for the sector to satisfy the regional community.

Global Processing Centre has the potential to become the electronic transaction switch that connects all domestic banks, their merchants, and ATMs, and even the other banks in the Eastern Caribbean Currency Union. And SugaPay has the potential to become a common payment mechanism that can effect card and mobile payments for peer to peer transfers, government and business online and mobile transactions, remittances, and can facilitate integration with the evolving payment technologies including blockchain, distributed ledger mechanisms, and crypto-currencies.

39

Innovators

Photo: Global Bank of Commerce: www.globalbank.ag

40

www.ebizguides.com

Innovators

Photo: Global Bank of Commerce: www.globalbank.ag

I think a home-grown fin-tech product like SugaPay, riding on regional rails driven

by Global Processing Centre, can become a key association to support the development of our regional financial sector.

What final message would you like to say about Antigua & Barbuda that would encourage our investment community worldwide to come to your country to do business?

Antigua & Barbuda is truly a little paradise. It’s a place where you can appreciate its natural beauty, its people, and Caribbean culture, but it also has tremendous potential

as an up-market tourism destination and financial center.

The foundation of democracy and stability is already in place; the infrastructure is improving block by block with the modern airport, the upgrade of our seaport for cargo and cruise ships, roads, academic and technical education, and expanding health and community services. This is an active environment, and it opens new doors for investment and business.

My financial services group is pleased to be a part of it and also to play a role in developing the community of Antigua & Barbuda.

“I think a home-grown fin-tech product like SugaPay, riding on regional rails driven by Global Processing Centre, can become a key association to support the development of our regional financial sector.”

Global Bank of Commerce Global Financial Centre Friar’s Hill Road, P.O. Box W1803 St. John’s, Antigua, West Indies Tel: (+1 268) 480 2240 / Fax: (+1 268) 462 1831 customer.service@gbc.ag www.globalbank.ag

www.ebizguides.com

41

Innovators

Mr. Stanley Smith Chief Executive Officer Antigua & Barbuda Airport Authority (ABAA)

42

www.ebizguides.com

Innovators

“Antigua’s geographical location is ideal for in transit and interregional travel. It is one of the first islands met on the archipelago when traveling from Europe and serves as a transportation hub for European and North American travel passengers.”

The Airport Authority of Antigua & Barbuda is a statutory body established in 2007. Can you tell us about the main functions of your authority and its experience to date?

The Antigua & Barbuda Airport Authority’s primary function is to manage and maintain the faculties that collectively result in the fully functioning V.C. Bird international Airport. The organization is divided into several departments with specialized roles.

We have four main departments: maintenance and operations, finance, airport administration, and safety and security. We also have a commercial department that manages our stakeholders at the airport; concessionaires, airlines offices, etc. Additionally, there is a sector that focuses on the continued development of the airport.

To date, the journey of the ABAA has been a dynamic one with undertaking the responsibility of the new terminal creation, execution, and maintenance. And our new and intensive staff training program has changed www.ebizguides.com

the level of professionalism and service provided by staff at the airport.

Since 2011, the government announced the construction of a new terminal in order to become one of the main competitive airports of the Eastern Caribbean. What has been the main evolution that your airport benefited from through this redevelopment project?

The main benefit of the new facility has been to accommodate the increasing passenger traffic being brought to the port. The new terminal exceeds the size of the old terminal by two and a half times. With state of the art amenities and common use facilities.

Additionally, the renovation of the airport provides an aesthetically pleasing visual for passengers arriving, departing and in transit.

Our commercial activity has increased with several stores being added to the new terminal and is now on par with international airports across the world. The construction of the new terminal has therefore opened up new horizons for Antigua & Barbuda.

43

Innovators With the recent construction of a new airport and the commitment to build a third pier, the Prime Minister’s vision is to transform Antigua & Barbuda into a globally competitive economy and to become the hub of the Caribbean in the coming years. How is the construction of this new terminal going to help achieve this vision?

Antigua’s geographical location is ideal for in transit and interregional travel. It is one of the first islands met on the archipelago when traveling from Europe and serves as a transportation hub for European and North American travel passengers.

Additionally, we accommodate several regional airlines as we are the nexus for travel for the Caribbean. LIAT is one of our regional carriers based in Antigua and travels between the Eastern Caribbean.

Your airport welcomes about 850,000 passengers every year when the building was designed for 1.5 million. How do manage to attract new partners in order to reach your full capacity? Do you have specific routes and region that you are targeting in the future?

The new terminal building is designed to accommodate up to 2.5 million passengers.

However, currently we are processing an average of 850,000 passengers; therefore, we are capable of facilitating three times our average amount.

We have done research on Dubai; we see Emirates as a viable airline for our destination. It is an ongoing process that we are working towards as these arrangements take time to develop.

Do you have other ideas to expand your services?

We are actively expanding our commercial services within the airport terminal. In assessing our markets and passenger counts, we do have growth potential to expand. Currently, we have 12 active concessionaires with plans to add several more in the near future. We are also looking at a food court that will be opening downstairs within the year.

The food court will have several stations, serving a variety of different types of foods.

We are also focused on increasing our non-aeronautical revenue; most of our income presently comes from aeronautical revenue. An increase in non-aeronautical revenue which is derived from concessionaires – stores, etc. – would decrease our dependency on aeronautical revenue. This is revenue that comes from accommodating airlines at the terminal. Our hope is that this decrease would then result in a reduction in airfare prices. Our aim is to increase the commercial activities at V.C. Bird International Airport.

We are in search of new partners in order to reach full capacity. We work closely with the Antigua & Barbuda Tourism Board in order to attract new airlines. We recently went to Routes of Americas, a forum that facilitates networking with different airline carriers.

Security has been one of the main focuses of the aviation industry, especially over the past 15 years, for obvious reasons and Antigua prides in being one of the safest countries in the Caribbean.

How could you reassure the international community that your airport responds to the higher standards in terms of security?

We connected with approximately 60 airlines to discuss the potential of them adding Antigua & Barbuda to their roster of destinations. We are working on diversifying our airline market by having more carriers from South Florida and Europe.

The V.C. Bird International Airport operates under the International Civilization Organization standards and recommended best practices. There are a number of international and regional standards with which we are also compliant.

44

www.ebizguides.com

Innovators

We comply with the TSA’s regulations as well as ensuring that all equipment is TSA certified; as a significant portion of our flights originate from the United States of America.

We also work with the Civil Aviation Authority coming from the United Kingdom to ensure the safety of passengers.

Our terminal design also complies with certain safety standards, creating a safe and welcoming environment to all our passengers and stakeholders.

You were appointed CEO of the Airport Authority in 2012 and have already achieved the opening of the new terminal. What are the main ambitions that you are hoping to achieve in the coming months?

The ABAA is currently working on expanding the airport; connecting the original and the new terminals. We plan to create an airport city to encourage commercial activities. The original terminal would maintain the operational office spaces but also accommodate car rental companies, tour guide ser-

vices, restaurants and other activities.

We also plan to relocate some of the operational activities of the old terminal building to the new terminal building.

What final message would you like to say about Antigua & Barbuda that would encourage our investment community worldwide to come to your country to do business?

The Prime Minister has been advocating making Antigua & Barbuda an economic powerhouse. To make that happen, you have to have an entry facility that can compliment the economy.

My word to investors is that our new facility is accommodative for a greater capacity and ABAA aims to meet the maximum capacity with your ventures. We are consistently working to achieve the ultimate passenger experience. We offer fast and efficient services; we have a luxurious executive lounge service and all the facilities to create a comfortable environment for potential investors coming into Antigua.

V.C Bird International Airport c/o Antigua and Barbuda Airport Authority, P.O Box 1051, Coolidge, St. Georges, Antigua, W.I Tel:Â (+1 268) 484 2300 / Fax:Â (+1 268) 484 2340 info@abairportauthority.com / Site: www.vcbia.com

www.ebizguides.com

45

Innovators

Mr. Henderson Fields Executive Director Antigua & Barbuda Investment Authority (ABIA)

46

www.ebizguides.com

Innovators Where do you see the biggest opportunities for foreign investment in Antigua compared to the other countries in the region?

Tourism development remains the sector that provides the greatest potential for investment attraction, simply due to the fact that the tourism sector contributes at least 50% of our GDP. There are other sectors that have been identified as potential growth sectors, and these sectors are linked to special incentives under the Tourism and Business Special Incentives Act. Apart from tourism, the other sectors identified are manufacturing, agriculture, fisheries and agribusiness, ICT, financial services, health and wellness, creative industries, and renewable energies.

ABIA is a statutory body formed under the Investment Authority Act of 2006. Since its creation, what have been your main objectives?

Our mandate is to promote Antigua & Barbuda as an ideal location for investment attraction, and we are also responsible for building capacity of the local small businesses. We wish to see our SMEs developing and being positioned to benefit from possible linkages that can result from the foreign investors developing major projects.

In which ways would you say the authority help small businesses to develop?

We offer a number of training courses under a program, “Mind Your Business.” This program is designed to build capacity at the various levels of personnel in the business, ultimately resulting in enhanced efficiency and effectiveness in the operation and management of our small businesses.

The MYB program has been in place for approximately seven years, and there is a wide range of courses that we offer, including ICT related courses business plan preparations marketing, costing and pricing, etc.

The objective is to cover all of the essential elements of business operations.

ABIA has launched some recognized program such as the Diaspora Investment Partnership Program and Construct Antigua & Barbuda Initiative. What has been the importance of those initiatives so far, for the development of the country?

The ABIA launched a Diaspora Initiative in 2013 when we visited two major U.S. cities (New York and Miami). With the assistance of consul staff, we were able to meet with the diaspora community, sharing information on investment opportunities in Anti-

“This program, a government led initiative, was launched to make residential home ownership more affordable to residents and citizens.”

www.ebizguides.com

47

Innovators

“The ABIA has been playing a pivotal role in the advocacy for investment climate reforms.”

gua & Barbuda. Unfortunately, the initiative did not evolve as we would have liked due to limited available resources.

CAB-I, on the other hand, has been ongoing since 2012. This program, a government led initiative, was launched to make residential home ownership more affordable to residents and citizens. CAB-I benefits to home owners include waiver of ABST on all building materials and fixtures to be consumed in the home construction. Additionally, benefits are also accessed from supplier’s discounts on purchases, reduced rates from banks, insurance companies, and other professional services.

This initiative has been very successful and has provided a boost to the construction industry and contributed to national economic growth.

During Prime Minister Browne’s recent visit to the UAE, he stated that Antigua’s goal is to become the Dubai of the Caribbean in the coming years with an increased desire to promote the potential of Antigua worldwide. As the executive director of the ABIA, how are you improving Antigua’s international perception to ensure that it does become the ‘Dubai of the Caribbean’?

The ABIA supports the government investment agenda by making readily available, information critical towards investor location 48

decision making. This includes relevant country information, data, and statistics. While the ABIA has not been involved in a lot of major pro-active investment promotion activities, we are seeking to generate leads through our website presence, as well social media tools such as Instagram and Facebook.

We recently launched an online guide to investment in Antigua & Barbuda. This is in our view a very effective investment promotion tool to generate interest and inquiries from potential investors. The web-based tool provides a wide range of comprehensive information, data, and statistics on the nation, within easy reach of all potential investors.

The ABIA has also been playing a pivotal role in the advocacy for investment climate reforms. This process is ongoing and will certainly enhance the nation’s ease of doing business rankings and further position Antigua & Barbuda as an ideal location to attract foreign direct investment.

Having some initiatives in the country like the CIP, how would you say you collaborate with such initiatives?

Initially, the Citizenship by Investment Program was developed out of the ABIA. Sometime in 2011, the government indicated an interest in developing an economic citizenship program and involved the ABIA to conduct the necessary research and feasi-

www.ebizguides.com

Innovators

bility study. A taskforce was established by ABIA senior management and included a wide cross section of professionals towards achieving the government’s objective.

Based on provisions of the CIP Act, the ABIA is required to be consulted in the application process for two investment options, real estate, and business. The ABIA is also involved in the process of facilitating investors’ requests for incentives and concessions to assist in project development.

What final message would you like to say about Antigua & Barbuda that would encourage our investment community worldwide to come to your country to do business?

Antigua & Barbuda is definitely a location open for business and investment. The

country offers a number of comparative advantages for attracting investment. These include location–the natural beauty of our nation–friendly and welcoming people, political stability, safety and security with low rates of crime, well-educated population, skilled population, stable currency and no foreign exchange restrictions on capital repatriation, strong investor protection.

Antigua & Barbuda also offers one of the most attractive incentive packages for investors.

We encourage those investors who are seeking investment opportunities with the potential to generate a good return on their investment based on the generous incentives on offer, to make Antigua & Barbuda their ideal location.

Antigua and Barbuda Investment Authority P.O. Box 80, Sagicor Financial Center, #9 Factory Road, St John’s, Antigua, W.I. Phone: : (+1 268) 481 1000/1/2/3 Fax: (+1 268) 481 1020 info-abia@ab.gov.ag http://investantiguabarbuda.org/

www.ebizguides.com

49

Innovators

Mr. Darwin Telemaque Managing Director Antigua & Barbuda Port Authority

50

www.ebizguides.com

Innovators

“We’ve actually proven that you don’t need to have a shiny car to win the race.”

Where do you personally see the biggest opportunities for foreign investment in Antigua compared to the other countries in the region?

The country that emerges with the most up to date, modern transportation systems would become the leader that would bring in supplies into its own waters but then populate the other locations from that. So, you would have a common spoke arrangement taking place in the OECS, and we want Antigua to be that because it’s the biggest port in OECS. By the end of our extension plan, it’s going to be 10 to 15 acres larger which is 15 acres bigger than most of the ports in the Caribbean. So, if you can add that much and we do have the space to do so, we would have a world class port. The future of logistics in the Caribbean and the OECS and the subregion could be significantly impacted by two things, the air and the sea.

We now have the most modern airport which gives us some type of air superiority, and with the maritime development to put it in place, the combination of air and ocean will now mean that we will be the leader of transportation and logistics within the subregion.

The port of Antigua was named “Caribbean Port of the Year” in June of 2016 by The Port Managers Association of the Caribbean. What are the reasons behind this success?

When you look at the port, it’s certainly not what you’d call the Port of the Year. It’s a www.ebizguides.com

rundown place, but we were able to do something that is interesting in a port’s perspective. When we came back with the trophy, Antiguans didn’t believe it. Yes, we won.

“How could you win with this rundown, old port? You guys have no equipment; you guys have all the bad things in the world happening here. You can’t be the best port in the Caribbean.”

From a physical perspective, we’re not.

In terms of being able to deliver an efficient, high-quality service and transform the outcomes of the port through very difficult circumstances, we exceed everybody by a long shot. So, the methodology, and the management concepts, and the experience that we brought to the table have delivered an outcome that no one can believe.

When we came here in 2013, the port was in real trouble. It was unable to pay its bills. So I started looking into why and what ensued was the reason why we became port of the year. We went from US$ 23 million at the end of 2014, and at the end of 2015; we were US$ 33 million in revenue having closed a US$ 7 million deficit which existed at the end of 2014. And we raised no rates, we increased our throughput marginally, but we decided to take a very hard look at all of the gaps that existed in the port.

I blocked every door and every hole. No one would produce money. We shut down about 80 businesses, and we stopped all the shenanigans. All deals were off, the port kept its money, and at the end, we had a port that 51

Innovators

was much better. So, when we went to the Port Manager’s Association Conference, we started speaking about each port and their performance. We showed the greatest improvement over any port for any year. We grew our revenue by almost US$ 10 million, eliminating our deficit, right sizing, and well getting into a profit margin.

So, what we see now in Antigua is that we’ve actually proven that you don’t need to have a shiny car to win the race. At the end of the day, if what you’re measured by are financial outcomes, efficiencies, productivity, capacity to deliver at a certain level, when we’re measured, no one is better than us, even if we have old cranes, old trucks, and old everything.

52

In December 2014, Prime Minister Gaston Browne announced that the port would be completely transformed and modernized to become the “economic powerhouse of the Caribbean.” Three years after, what have been the results of those initiatives to the development of the country?

We handle all our equipment in TEUs (twenty-foot equivalent unit); all ports measure the units that they handle in TEUs. Remember, we grew between 2013 and 2016 by over US$ 10 million, but the difference in the TEUs was not massive. So, in anteriority, it is not true that volumes drove the results.

It is efficiencies. So, in spite of the old equipment, it was an active management system that engaged to create greater efficiencies at www.ebizguides.com

Innovators the billing and collection stage we were losing money.

port financial management, port marine engineering, mechanical engineering.

So, the exponential growth in our income for 2017 reflects two things, better reporting of measurements, tonnage and cubic feet, as well as the implementation of the lifting charge, which is going to add US$ 3.5 million to our revenue of a year. So, if you are losing US$ 3.5 million per year for 47 years to the max, you can see why the port lost. So, with that 3.5, plus the new measurements, plus the economic growth that’s happening, we’re going to win Port of the Year again.

We now have better-trained people, and so the outcomes should go up as well. Once again, it’s not computers but, and it’s a prime that says if you’re building a new port but you’re going to walk into that new port with the same capacity, you better not build it because you’re going to waste the opportunity, waste the space.

How do you incorporate innovation into your work to maintain this level of performance?

We have secured scholarships for training and development at the Maritime University of Jamaica, and right now we have 21 Antiguans who are there studying. So, part of what we did is, we said, “Okay,” we came in, and we met the port with very limited skill sets, untrained, very limited, almost zero tertiary trained people.

And for our country, this is too much of a vital note to not have some of the brighter people. So, I immediately went on a recruitment drive to try to get a few young, intelligent, pre-university students and we give all of them, 21 of them, full scholarships. Four years scholarships to go here, to learn the technical aspects of the port which would be the marine department, port management,

As a matter of fact, this summer, there’ll be 21 kids from school coming in here. We are mindful of the fact that as technology changes, as globalization and broader economic forces in the world, make demands on us, it better be connected. You better know what’s emerging and what’s evolving around you so that you can stay relevant. That’s why they are where they are. When they come back, they’ll bring with them a new way to do things, but they will also be better connected globally so that Antigua is never going to be disconnected as it was when we arrived here and I think that will lead to better outcomes.

That is in my mind the biggest innovation we will do. We’re going to build a US$ 100 million development, but I’m not excited at the development as much as I am about the students that I have in Jamaica being prepared because that’s the future. People make things work. Without people, it doesn’t work.

So, here’s a new port.

“You better know what’s emerging and what’s evolving around you so that you can stay relevant.”

www.ebizguides.com

53

Innovators

“You can’t do that in any port in the Caribbean. This is a game changer for the Caribbean.”

In your vision to become the center of maritime commerce for the entire OECS region, your plan is to have a “logistics park” providing a dutyfree environment. How important is that logistic park to further create some exportation?

All the ports are encumbered with a warehouse that’s in the middle of the quay, and that was built in the 60’s because, at that time, you had no containers. You had ships that came to your country with pallets, and the pallets had to be rushed into the warehouse.

If the warehouse is far away from the dock, the pallet would be lighter than when it left the ship because between the coming of the ship and going to the warehouse; there would be some pieces missing on the pallet.

So if we build this warehouse right by the dock… This is why this warehouse is right there on the edge; it makes no sense to have a warehouse there, but that’s how it was built to facilitate swift movement.

Now, there were no containers either, so all the cargo in the country went into the warehouse. So they went in and out, in and out, in and out and that’s where the taxes were collected; that was the main revenue generator for the country. For the country, it still is Now, if in 1968, it took three years for something to be obsolete. How long would 54

it take to be obsolete in 2017? That’s not a trick question, it’s true. Maybe in a month, technology just changes. So, building this is something that we have to look and think of very significantly, put some thought into.

The first thing we did is, we’re going to move the warehouse.

Dominica, St. Vincent, Grenada, St. Lucia, they all have this warehouse here that shuts them down. Antigua’s going to be free from it. We’re going to have a beautiful container terminal that can trap new business, give us more space to handle ships, give us the advantage of being able to transship for some other ports, allow us to be able to turn ships around, allow us to build multiple ships at the same time, allow us to have multiple cranes operating at the same time. You can’t do that in any port in the Caribbean. This is a game changer for the Caribbean. This is why this is exciting, and this is starting. This will be done in three years.

Part of your innovation is that you have developed a social program to contribute to the Antiguan economy. Can you tell us more about this initiative?

We have a commitment to the state.

As the state expands its economy and as it grows, we have to be able to meet the needs of Antigua. So, that means by being more efficient in how we deliver, by being able to www.ebizguides.com

Innovators receive all the goods that come in efficiently without any issues.

The first and primary responsibility though is to the ship. Can the ship come in and be worked efficiently and leave? If we can do that, what that does for us is it tells the ship that we are predictable, efficient, and productive, these three factors. If we can deliver that for any ship on a regular basis will lead to a reduction in rates.

The reason why shipping lines charge high rates in the markets is because the cost that they’re exposed to is never understood, never known. It’s so unpredictable that they charge really high to make up for the losses that they think they will incur.

So over a period of time, when we demonstrate that we are constantly efficient and predictable, it will lead to lower freight rates, lower freight rates mean better avenues for investments because if freight rates are high, investors don’t want to come and suck up millions of dollars in paying for freight. So, our phrase that we’ve coined for the port is that we are transforming the inland which is Antigua from the coastline. That’s our phrase. So, we fix the port; we fix the country.

Basically, that’s it.

You have been appointed General Manager of the Port Authority in 2014 after a successful career in the World Bank, and has been appointed again last year. Can you tell us how you incorporated your wealthy experience to this new position?

I’ve been involved in this shipping business for a long time. I worked in the United States with the shipping company. Tropical Shipping and Tropical is the premier transportation company in the Caribbean.

When you go through Tropical ranks, you learn the business very well. I was based first in St. Thomas, and I worked in St. Kitts, Nevis, Anguilla, St. Martin. I did some work in Grenada, Trinidad, St. Croix, Puerto Rico.

I did quite a bit of work, and also the Bahamas, lots of places.

Then the World Bank came looking for me. At that time, they were doing a trade facilitation program for ACP countries, Africa, the Caribbean, and the Pacific, and they brought me on, and we traveled all over doing what was called a port development, port modernization.

So at that point, I started acting as a port modernization expert, we advised governments on what they should do, and one day they said, we’re going to Antigua. We came here, we did the same thing, spent a few days, left, came back, left, came back, and while we were doing some work in Trinidad, my head of mission called me up and said, you just got a call from Antigua, and they want you to come help them.

The Prime Minister back at that time— Hon. Baldwin Spencer—insisted a lot for me to come, I decided to accept the challenge, and so I ended up there. Today, I have a one year and a half left on my three-year contract.

PORT AUTHORITY Deepwater Harbour, P.O. Box 1052, St. Johns, Antigua, West Indies Phone: (+1 268) 484 3400 / Fax: (+1 268) 462 2510 abpa@port.gov.ag http://www.port.gov.ag/

www.ebizguides.com

55

BUSINESS RESOURCES

Business Resources ADVERTISING/ COMMUNICATIONS AGENCIES BB & B Advertising Agency 1 Stapelton Lane, Box 1477, St. John’s, Tel: (+1 268) 462 1918 Daily Observer, The #15 Pavilion Drive, Coolidge P.O. Box 1318 St. John’s Tel 1: (+1 268) 480 1750 editor@antiguaobserver.com https://antiguaobserver.com

LIAT (1974) Ltd V.C. Bird International Airport, P.O. Box 819 Tel: (+1 268) 480 5600 http://www.liatairline.com Virgin Atlantic Airways Coolidge St. George’s Tel: (+1 268) 481 3801 http://www.virgin-atlantic.com

BANKS Antigua & Barbuda Development Bank

Box 2076, St. John’s Tel: (+1 268) 461 1859

27 St. Mary’s St., Box 1279, St. John’s Tel: (+1 268) 462 0838 info@abdbank.com http://abdbank.com

Ripple Marketing Incorporation

Antigua Commercial Bank

E K Advertising Limited

St. Mary’s St., St. John’s Tel: (+1 268) 562 7000 Sun Images Advertising & Public Relations Coolidge, Box 1159, St. John’s Tel: (+1 268) 462 4320 Visage Advertising The Howell Jewelers Building, Temple St., Box 42, St. John’s Tel: (+1 268) 462 0345

AIRLINES American Airlines V.C. Bird International Airport, Coolidge Tel: (+1 268) 481 4650 http://www.aa.com British Airways V.C. Bird International Airport, Coolidge Tel: (+1 268) 562 1478 http://www.britishairways.com Caribbean Airlines V.C. Bird International Airport, Coolidge Tel: (+1 268) 480 2914 http://caribbean-airlines.com

58

St. Mary’s & Thames St., Box 95, St. John’s Tel: (+1 268) 481 4200 acb@acbonline.com http://www.acbonline.com Barclay’s Bank Plc High St., Box 225, St. John’s Tel: (+1 268) 480 5000 CIBC First Caribbean International Bank Old Parham Rd, Cassada Gardens, P.O. Box 28 St. John’s Tel: (+1 268) 480 8500 https://www.cibc.com Caribbean Union Bank Global Financial Centre Friars Hill Road Box W 2010, St. John’s, Tel: (+1 268) 481 8278 customerservice@cub.ag http://www.caribbeanunionbank.com/ Eastern Caribbean Central Bank Mutual Bldg Factory Rd Box 741, St. John’s Tel: (+1 268) 462 2489 info@eccb-centralbank.org https://www.eccb-centralbank.org/

www.ebizguides.com

Business Resources Global Bank of Commerce 4 Woods Centre Box W1803, St. John’s Tel: (+1 268) 480 2240 customer.service@gbc.ag http://www.globalbankofcommerce.com/ Royal Bank Of Canada High & Market St.s, Box 252, St. John’s Tel: (+1 268) 480 1150 http://www.rbcroyalbank.com Scotiabank Hight St Box 342, St. John’s Tel: (+1 268) 480 1500 bns.antigua@scotiabank.com http://antigua.scotiabank.com/ Trium Bank & Trust Suites 21B & 22, Jasmine Court, Friars Hill Road, P.O. Box W84, St. John’s, Tel: (+1 268) 562 6373 headoffice@triumbank.com www.triumbank.com

BUSINESS HOTELS & CONFERENCE FACILITIES Anchorage Inn Hotel Anchorage Inn, Anchorage Road, St. John’s info@antiguaanchorageinn.com Tel: (+1 268) 462 4065 http://antiguaanchorageinn.com Blue Waters Resort P.O. Box 256 Soldier’s Bay, St. John’s res@bluewaters.net Tel: (+1 268) 462 0290 http://www.bluewaters.net/ Carlisle Bay Resort Old Road, St. Mary’s info@carlisle-bay.com Tel: (+1 268) 484 0000 http://www.carlisle-bay.com/

www.ebizguides.com

Copper & Lumber Store Hotel Nelson’s Dockyard, English Harbour clhotel@candw.ag Tel: (+1 268) 460 1160 www.copperandlumberhotel.com Curtain Bluff Old Road, P.O. Box 288 curtainbluff@curtainbluff.com Tel: (+1 268) 462 8400 www.curtainbluff.com Galley Bay Resort & Spa Saint John’s Street, St. John’s reservations@eliteislandresorts.com Tel: (+1 268) 462 0302 www.galleybayresort.com Halcyon Cove by Rex Resort P.O. Box 251, Dickenson Bay enquiries@rexresorts.com Tel: (+1 268) 462 0256 http://www.rexresorts.com/_ caribbean/_antigua/_halcyon_ cove/index.html Hawksbill by Rex Resort Hawksbill Beach, Five Islands enquiries@rexresorts.com Tel: (+1 268) 462 0301 www.rexresorts.com/antigua/hotel-antiguahawksbill-by-rex-resorts.html Heritage Hotel Heritage Quay, St. John’s heritagehotel@candw.ag Tel: (+1 268) 462 1247 www.goheritagehotel.com/anu/ Jolly Beach Resort & Spa Bolans Village, Jolly Harbour reservations@jollybeachresort.com Tel: (+1 268) 462 0061 http://jollybeachresort.com

59

Business Resources Nonsuch Bay Resort Hughes Point, FreeTown reservations@nonsuchbayresort. com Tel: (+1 268) 562 8000 http://www.nonsuchbayresort.com/ Ocean Point Hodges Bay Main Rd, St. John’s info@oceanpointantigua.com Tel: (+1 268) 562 8330 http://www.oceanpointantigua.com South Point St Paul, English Harbour info@southpointantigua.com Tel: (+1 268) 562 9600 http://www.southpointantigua.com St James Club Marmora Bay P.O. Box 63, English Harbour reservations@eliteislands.com Tel: (+1 268) 460 5000 www.stjamesclubantigua.com Sugar Ridge Tottenham Park, St. Mary’s reservations@sugarridgeantigua.com Tel: (+1 268) 562 7700 www.sugarridgeantigua.com Tamarind Hills P.O. Box JH207, Ffryes Beach, St. Mary’s info@tamarind-hills.com Tel: (+1 268) 562 7380 http://tamarind-hills.com/ Trade Winds Hotel Dickenson Bay, P.O. Box 1390, St. John’s info@twhantigua.com Tel: (+1 268) 462 1223 http://www.twhantigua.com The Veranda Resort & Spa Indian Town Rd, Long Bay reservations@eliteislandresorts.com Tel: (+1 268) 562 6848 www.verandahresortandspa.com

60

CAR HIRE ACE Rent A Car Sir George Walter Hwy, Osbourn Tel: (+1 268) 581 8773 Budget Rent a Car P.O. Box W587, Sir George Walter Highway info@budgetanu.com Tel: (+1 268) 561 6399 http://www.budgetanu.com/ Drive-A-Matic Car Rentals Suite 373 Sir George Walter Highway, St. John’s Tel: (+1 268) 562 8900 http://www.antiguarentalcar.com/ Dollar Rent a Car Factory Rd, Piggotts Tel: (+1 268) 462 0362 Hertz Rent-a Car Sir George Walter Hwy, Osbourn Tel: (+1 268) 481 4440 www.hertz.com

Lion’s Car Rental Sir George Walter Hwy, Osbourn Tel: (+1 268) 562 2708

CASINO Casino Riviera Runaway Bay, Box W270, St. John’s Tel: (+1 268) 562 6262 Gold Coin Arcade Corn Alley Box W 298, St. John’s Tel: (+1 268) 462 2077 Golden Chips Casino High St., St. John’s Tel: (+1 268) 481 1606 Jackpot Casino Asot’s Arcade,18 High St., Box 742, St. John’s Tel: (+1 268) 462 2359

www.ebizguides.com

Business Resources Joe Mike’s Hotel Plaza

Big Banana

Nevis St.,Box 136, St. John’s Tel: (+1 268) 462 1142

V C Bird International Airport, Box 665 Tel: (+1 268) 480 6979

Keno Palace

De Diggings Catering Services

Box 1127, St. Mary’s, St. John’s Tel: (+1 268) 462 9777

Sutherland Development, St. John’s Tel: (+1 268) 461 5457

Kings Casino

Evanson’s Catering

Heritage Quay, St. John’s Tel: (+1 268) 462 1727

Upper Gambles, St. John’s Tel: (+1 268) 461 3693

Paradise Casino

Goddard Catering Group

Market St., St. John’s Tel: (+1 268) 562 1728

Collidge Box 585, St. John’s Tel: (+1 268) 462 3121 Lenore’s Catering

CATERING Antigua Catering Services Limited Box 585,Coolidge, St. John’s Tel: (+1 268) 462 3121

www.ebizguides.com

Clarke’s Hill, St. John’s Tel: (+1 268) 463 8923 Sweet Potato Caterers Johnsons Point, St. John’s Tel: (+1 268) 460 5979

61

Business Resources CINEMAS & THEATERS

FITNESS CENTERS

Caribbean Cinemas - Antigua Megaplex 8

B B R Sportive

Friars Hill Road. St. John’s Tel: (+1 268) 562 4000 http://caribbeancinemas.com/location/antigua/ Deluxe Cinemas High St., St. John’s Tel: (+1 268) 462 3664

Jolly Harbour Tel: (+1 268) 462 6260 Fitness Shak The Dickenson Bay, St. John’s Tel: (+1 268) 462 5223 Impak Fitness Centre All Saints Village, St. John’s Tel: (+1 268) 764 3402

COMMUNICATION & PHONE Airtel Cellular & Paging American Rd.,Box 1318, St. John’s Tel: (+1 268) 480 1790 Antigua Public Utilities Authority Head Office Cassada Gdns Box 416, St. John’s Tel: (+1 268) 480 7000 http://www.apua.ag/ Cable & Wireless (WI) Ltd Clare Hall Box 65, St. John’s Tel: (269) 480 4000 Digicel Head Office Friars Hill Road, St. John’s Tel: (+1 268) 736 1000 https://www.digicelgroup.com/ag/en/ Flow Nevis St., St. John’s Tel: (+1 268) 562 1280 https://discoverflow.co/antigua/

CONSULTANCY FIRMS Grant Thornton 11 Old Parham Road, St. John’s gtinfo@ag.gt.com Tel: (+1 268) 462 3000 http://www.grantthornton.ag/

62

National Fitness Centre Box 1004,Campsite, St. John’s Tel: (+1 268) 462 3681 Wood’s Gym Woods Centre, Friar’s Hill Rd., Box W748, St. John’s Tel: (+1 268) 462 9539

FOOD WHOLESALERS Anjo Wholesale American Rd.,Box 104, St. John’s Tel: (+1 268) 480 3080 Island Provision Ltd. Sir George Walter Hwy, Piggotts, St. John’s info@islandprovision.biz Tel: (+1 268) 480 5180 http://www.island-provision.com Joseph Dew-Division Of Dantzler Limited Box 126, 54 Long St., St. John’s Tel: (+1 268) 462 1210 O’Beez Food Store & Wholesale Factory Rd.,Box 834, St. John’s Tel: (+1 268) 462 4660

www.ebizguides.com

Business Resources HARBOURS / MARINAS Falmouth Harbour Falmouth Harbour Marina, P.O. Box W 792 falmar@candw.ag Tel: (+1 268) 460 6054 http://antigua-marina.com Jolly Harbour Marina info@jhmarina.com Tel: (+1 268) 462 6042 http://www.jolly-harbour-marina.com/ Nelson’s Dockyard Marina Nelson’s Dockyard National Parks, P.O. Box 1283, St. John’s info@nelsonsdockyardmarina.com Tel: (+1 268) 481 5021 www.nationalparksantigua.com North Sound Marina Nelson’s Dockyard National Parks, P.O. Box 1283 St. John’s northsoundmarina@candw.ag Tel: (+1 268) 764 2599 www.northsoundmarine.com St. John’s Harbour Deep Water Harbour, P.O. Box 1052, St. John’s anport@candw.ag Tel: (+1 268) 462 1144 www.ab.gov.ag Yacht Club Marina Falmouth Harbour, St. John’s aycmarina@candw.com Tel: (+1 268) 460 1544 https://aycmarinaresort.com/

ABI Insurance Ltd 156 Redcliffe St Box 1679, St. John’s info@abiinsurancecoltd.com Tel: (+1 268) 484 6400 http://www.abiinsurancecoltd.com/ Anjo Insurance Woods Centre Box 104, St. John’s anjo_ins@candw.ag Tel: (+1 268) 480 3050 anjoinsure.com Antigua Insurance Company Limited (ANICOL) Long St.,Box 511, St. John’s anicol@candw.ag Tel: (+1 268) 480 9000 www.anicolinsurance.com British American Insurance Company Limited Redcliffe St.,Box 36, St. John’s Tel: (+1 268) 462 1143 Capital Insurance Limited Long St., Box 3453, St. John’s Tel: (+1 268) 562 0068 Caribbean Alliance Insurance Company Ltd Cnr Long & Temple Box 1609, St. John’s enquiries@caribbeanalliance.com Tel: (+1 268) 484 2900 http://www.caribbeanalliance.com/ First Domestic & Commerce Insurance Co Ltd (FDICIC) Lower Factory Rd Box 990, St. John’s icic@candw.ag Tel: (+1 268) 462 9081 Gomez & Sons Kenneth A

INSURANCE PROVIDERS Anchorage Inn Hotel Anchorage Inn, Anchorage Road, St. John’s info@antiguaanchorageinn.com Tel: (+1 268) 462 4065 http://antiguaanchorageinn.com

www.ebizguides.com

Box 195, High St., St. John’s insurance@kagomez.com Tel: (+1 268) 462 0308 www.kagomez.com

63

Business Resources Sagicor Life Insurance

Sam & Dave Laundry

# 9 Sir Sydney Walling Highway, P.O. Box 666, St. John’s info@sagicor.com Tel: (+1 268) 480 5500 http://www.sagicorlife.com/Pages/Countries/ Countries-Antigua-and-Barbuda.aspx

English Harbour, St. John’s Tel: (+1 268) 460 1266 Snow White Laundry Parham Town Tel: (+1 268) 463 2061

Selkridge Insurance Agency Ltd 7 Woods Centre Friars Hill Rd Box W 306, St. John’s Tel: (+1 268) 462 2042 State Insurance Corporation Redcliffe St., P.O. Box 290, St. John’s info@sicantigua.com Tel: (+1 268) 462 3945 http://www.sicantigua.com/

Sun General Insurance Unit No. 2, Woods Centre, Friar’s Hill Road, St. John’s Antigua@sungeneral.net Tel: (+1 268) 481 2715 http://www.sungeneral.net/contact-us/antiguabarbuda-insurance.html United Insurance Company Limited Long St., Box 104, St. John’s Tel: (+1 268) 480 3050

LEGAL SERVICES Cort & Cort Fitzgerald House, 44 Church Street, P.O. Box 2010, St. John’s legal@cortandcort.com Tel: (+1 268) 462 5232 Messrs. Marshall & Co Ann Rebecca House, Factory Rd, St. John’s mco@hcmlaw.com Tel: (+1 268) 462 3562 http://www.hcmlaw.com/ Roberts & Co Roberts Building, P.O. Box 1301, 60 Nevis Street, St. John’s info@robertscolaw.com Tel: (+1 268) 462 0076 http://robertscolaw.com/ Rhudd & Associates

LAUNDRY & DRY CLEANERS Burtons Laundromat Camacho’s Avenue Tel: (+1 268) 462 4268 Burtons Laundromat Jolly Harbour Tel: (+1 268) 462 7754 O’Beez Laundromat & Cleaners Factory Rd., P.O. Box 834, St. John’s Tel: (+1 268) 462 4661 Reynolds Laundry All Saints & Warren Road Tel: (+1 268) 462 2519

64

Suite No. 4, Weathered Bldg., Redcliffe Street, St. Johns legal@rhuddlawfirm.com Tel: (+1 268) 460 6184 http://rhuddlawfirm.com/ Stapleton Chambers Stapleton Chambers, Suite #2, Stapleton Lane, St. John’s information@stapletonchambers.com Tel: (+1 268) 562 7185 https://www.stapletonchambers.com/

MEDICAL CENTERS Adelin Medical Centre Fort Rd.,Box 1123, St. John’s Tel: (+1 268) 462 0866

www.ebizguides.com

Business Resources Belmont Health Care Center

Bayside Pharmacy

All Saints Rd, St. John’s Tel: (+1 268) 562 1343 http://belmontclinic.com/

Tanner St. & Corner Alley, P.O. Box 1850, St. John’s Tel: (+1 268) 462 2632

Gambles Medical Centre

Nelson’s Dockyard Tel: (+1 268) 460 1150

Corner Friars Hill Road & Gambles Road, St. John’s Tel: (+1 268) 462 3050 Medical Benefit Schemes P.O. Box 424, Nevis St., St. John’s PublicRelations@mbs.gov.ag Tel: (+1 268) 481 6200 http://www.mbs.gov.ag/ Mount St. John’s Medical Center Michael’s Mount, St. John’s info@msjmc.org Tel: (+1 268) 484 2700 http://www.msjmc.org

Belvin Pharmacy

Benjamin’s Pharmacy Ground Floor British American Building Lower Redcliffe Street, P.O. Box 2755, St. John’s Tel: (+1 268) 562 3900 Ceco Pharmacy High St.,Box 1236, St. John’s Tel: (+1 268) 462 4706 City Pharmacy Cnr St. Mary’s & Thames Streets, P.O. Box 1877 St. John’s Tel: (+1 268) 480 3314 Cornerstone Pharmacy

OFFICE SUPPLIES

Upper New Gate St., Tel: (+1 268) 462 7859

Antigua Home & Office Depot

Family Pharmacy & Wholesale

Old Parham Rd.,Box 2836, St. John’s Tel: (+1 268) 462 2403

P.O. Box 994, Lower Market St., St. John’s Tel: (+1 268) 462 1153

Harper’s Office Depot

Medicare Pharmacy

High St.,Box 13, St. John’s copycenter@hapersoffice.com Tel: (+1 268) 462 5562

Lower Nevis St., St. John’s Tel: (+1 268) 562 5769

Island Furniture & Supplies Ltd.

Jardines Court St. Mary’s St., St. John’s Tel: (+1 268) 562 4721

16 Tanner St Box 1837, St. John’s Tel: (+1 268) 462 3936 Paperclip Ltd. #7 Royal Palm Place, Friar’s Hill Road, St. John’s sales@paperclipsantigua.com Tel: (+1 268) 462 5477

Old Nox Pharmacy

People’s Pharmacy Corn Alley, P.O. Box 871, St. John’s Tel: (+1 268) 462 0736 Piper’s Pharmacy All Saints Rd., P.O. Box 265, St. John’s Tel: (+1 268) 462 0736

PHARMACIES

Ramco Pharmacy

Alpha Pharmacy

P.O. Box 1442, Ramco Building, Camacho’s Avenue Tel: (+1 268) 462 2944

Redcliffe St., St. John’s Tel: (+1 268) 462 1112

www.ebizguides.com

65

Business Resources Reliance Pharmacy

Island Living Antigua

Redcliffe St., St. John’s Tel: (+1 268) 462 4646

Suite 201, Village Walk Mall, Friar’s Hill Road, P.O. Box 1275, St. John’s info@islandlivingantigua.com Tel: (+1 268) 562 2626 https://www.islandlivingantigua.com

Shopper’s Pharmacy Ltd High St., P.O. Box 2082, St. John’s Tel: (+1 268) 462 4706 Stevens Pharmacy Market St., St. John’s Tel: (+1 268) 462 2214 Sysco Pharmacy

Luxury Locations Portofino Offices, Jolly Harbour, St. Mary’s info@luxurylocations.com Tel: (+1 268) 562 8174 http://www.luxurylocations.com

Jolly Harbour, P.O. Box 2822, St. John’s Tel: (+1 268) 46 25917 Woods Pharmacy Woods Centre, Friars Hill Rd., P.O. Box W175, St. John’s Tel: (+1 268) 462 9287

POST & MAILING SERVICES DHL

Majestic Realty Ltd. Fitzgerald House, 44 Church Street, St.John’s majesticrealty@candw.ag Tel: (+1 268) 562 1531 www.majesticrealtyantigua.com Paradise Properties

Thames Street, P.O. Box 82, St. John’s Tel: (+1 268) 462 2034 http://www.dhl.com.vc/en.html

Temo Sports, English Harbour, St. John’s info@paradisepropertiesconnection.com Tel: (+1 268) 561 1563 http://www.paradisepropertiesconnection.com

Fedex – Francis Trading co.

Stanley’s Estate Agents

High Street, P.O. Box 194, St. John’s Tel: (+1 268) 462 0854 http://www.fedex.com/ag/

Dockyard Drive, English Harbour info@stanleysestates.com Tel: (+1 268) 562 7599 http://stanleysestates.com

St. John’s Post Office High Street, St. John’s Tel: (+1 268) 562 1929 UPS VC Bird International Airport, P.O. Box 819, Coolidge Tel: (+1 268) 480 5733 https://www.ups.com/content/corp/worldwide/ caribbean/antigua.html

REAL ESTATE AGENCIES

SALONS / HAIRDRESSERS & SPAS Beauty Vibes Cross St., St. John’s Tel: (+1 268) 460 8648 Beradette’s World Of Beauty Corn Alley Box 136, St. John’s Tel: (+1 268) 462 0491

ABI Realty

Cavelle’s Beauty Salon

Cemetry Road, P.O. Box 1733, St. John’s abi@candw.ag Tel: (+1 268) 460 9707 http://www.abirealtors.com

Market St Box 166 St. John’s Tel: (+1 268) 462 1324

66

www.ebizguides.com

Business Resources Chic Beauty Salon, Le

Multipurpose Security

Box 925, St. John’s Tel: (+1 268) 462 4919

New Winthorpes, St. John’s Tel: (+1 268) 561 0440

Cutting Edge, The

People’s Protection Security Sevices

Jasmin Court Friars Hill Rd Box W 1192, St. John’s Tel: (+1 268) 562 1415

Sutherlands Box W 1079, St. John’s Tel: (+1 268) 464 5644

D’Elegance Beauty Salon

Special Security Sevices Ltd

Corner All Saints & Bendals Rds, St. John’s Tel: (+1 268) 562 6298

All Saints Rd Box 2276, St. John’s specsecserv@hotmail.com Tel: (+1 268) 462 2772 www.specsecservanu.com

Dover’s Hairdressing Salon Upr St. John’s St., St. John’s Tel: (+1 268) 462 1361 Glamour 45B Upper St. Mary’s St., Box 1510, Tel: (+1 268) 462 3635 Hairtopia Beauty Salon Lwr Dickenson Bay St., St. John’s, Antigua & Barbuda Tel: (+1 268) 775 8017 Parishia’s Beauty Supply Temple St., St. John’s Tel: (+1 268) 562 2086 Super Poweer Electronics & Beauty Supplies The Corner Thames & Church St., St. John’s Tel: (+1 268) 462 1890 Unlimited Tees Box 524, Propeshead St Tel: (+1 268) 460 8337

SECURITY SERVICES Gridlock Security Sevices Jennings, St. John’s Tel: (+1 268) 561 1971 Guaardian Security Box 23 Woods Centre, St. John’s Tel: (+1 268) 461 4603 Heritage Security Ltd Gambles Medical Centre Friars Hill Rd Box W 1083, St. John’s Tel: (+1 268) 562 7233

www.ebizguides.com

STATUTORY BODIES Airport Authority V.C Bird International Airport, P.O Box 1051, Coolidge, St. Georges info@abairportauthority.com Tel: (+1 268) 484 2300 http://www.vcbia.com/

Citizenship by Investment Unit P.O. Box. W2074, 3rd Floor, ABI Financial Centre, Redcliffe Street, St. John’s info@cip.gov.ag Tel: (+1 268) 481 8400 http://cip.gov.ag Department of Marine Services (ADOMS) Corner of Popeshead and Dickenson Bay Streets, P.O. Box 1394, St. John’s administration@abregistry.ag Tel: (+1 268) 462 1273 http://abregistry.ag Eastern Caribbean Civil Aviation Authority Factory, Road, P.O. Box 1130, St. Johns contact@eccaa.aero Tel: (+1 268) 462 0000 www.eccaa.aero

67

Business Resources Financial Services Regulatory Commission Royal Palm Place, Friars Hill Road, St. John’s info@fsrc.gov.ag Tel: (+1 268) 481 3300 www.fsrc.gov.ag

Investment Authority #9 Factory Road, St. John’s, Antigua, W.I., P.O. Box 80, Sagicor Financial Center info-abia@ab.gov.ag Tel: (+1 268) 481 1000 http://new.investantiguabarbuda.org/

National Parks Authority Nelson’s Dockyard National Parks, P.O. Box 1283, St. John’s info@nationalparksantigua.com Tel: (+1 268) 481-5021 https://nationalparksantigua.com National Solid Waste Authority V.C Bird International Airport, P.O Box 1051, Coolidge, St. Georges info@abairportauthority.com Tel: (+1 268) 484 2300 http://www.vcbia.com/ Pier Group 25 Vendors Mall, P.O. Box 662, St. John’s info@cruiseantiguabarbuda.com Tel: (+1 268) 562 7645 https://cruiseantiguabarbuda.com Port Authority P.O. Box 1052, Deepwater Harbour, St. Johns abpa@port.gov.ag Tel: (+1 268) 484 3400 http://www.port.gov.ag

St. John’s Development Corporation P.O. Box 1473, Thames Street, St. John’s cthomasparker@sjdcanu.com Tel: (+1 268) 481 7501 http://www.heritagequayantigua.com

Social Security Board Long Street, P.O. Box 1125, St. John’s socsec@socialsecurity.gov.ag Tel: (+1 268) 736 3000 http://www.socialsecurity.gov.ag Tourism Authority ACB Financial Centre 4th Floor, High and Temple Streets, St. John’s info@aandbtourism.com Tel: (+1 268) 562 7600 http://www.visitantiguabarbuda.com/

SUPERMARKETS Billy’s Food Mart Friars Hill Rd.,Box 914, St. John’s Tel: (+1 268) 480 2015 Chase Distributors Ltd. Factory Rd, Piggotts, St. John’s Tel: (+1 268) 562 6419 Epicurean, The Friars Hill Rd Box W 509, St. John’s Tel: (+1 268) 481 5400 Epicurean, The Jolly Harbour, St. John’s Tel: (+1 268) 481 5480 First Choice Food Anchorage Roads, St. John’s Tel: (+1 268) 463 3663

Public Utilities Authorities (APUA)

Gourmet Basket

Cassada Gardens, St. John’s info@apua.ag Tel: (+1 268) 480 7000 http://www.apua.ag/

Piggotts, Airport Rd Box 898, St. John’s Tel: (+1 268) 480 5174

68

www.ebizguides.com

Business Resources Shop Smart Superette Armstrong Rd Grays Farm, St. John’s Tel: (+1 268) 463 6385 Wheels Supermarket Wireless Road, St. John’s Tel: (+1 268) 461 1945

TAXIS Antigua Reliable 24 hr Taxi Service West Bus Station, Market St., St. John’s Tel: (+1 268) 460 5353 Big’s Car Rental & Taxi Service English Harbour, St. John’s Tel: (+1 268) 562 4901 Brother’s Taxi Service Lower Long Street, St. John’s Tel: (+1 268) 462 6464 Daylight Taxi Long Street Tel: (+1 268) 462 3015 King’s Casino Taxi Stand Heritage Quay, St. John’s Tel: (+1 268) 462 1729 Life Saver Taxi Stand Lower Tanner Street Tel: (+1 268) 460 9898 St. John’s Heritage Quay Taxi Service Heritage Quay, St. John’s Tel: (+1 268) 460 6855

TRAVEL AGENCIES Carib-World Travel Woods Centre,Box W122, St. John’s Tel: (+1 268) 480 2999 Gateway Travel & Tours St. Mary’s & Temple Street Tel: (+1 268) 463 4929 Global Travel & Tours Limited High Street, St. John’s Tel: (+1 268) 480 1001 Novella’s Travel & Tours Ltd Antigua Yacht Club Marina Box1813, English Harbour, St. John’s Tel: (+1 268) 460 1209 Regal Travel & Tours Upper Redcliffe St Box 1188, St. John’s Tel: (+1 268) 562 0211 Tri Star Travel Ltd Old Parham Road,Box 1538, St. John’s Tel: (+1 268) 481 1702 Tropical Adventure P.O. Box 301, Lower Redcliffe St., St. John’s reservations@tropadantigua.com Tel: (+1 268) 480 1225 http://tropicalad.com/ Wadadli Travel & Tours Limited Box 589,Market Street, St. John’s Tel: (+1 268) 462 2227

West Bus Station Taxi (24) Hour Service West Bus Station, Market Street, St. John’s Tel: (+1 268) 462 5190

www.ebizguides.com

69

TOP 100 COMPANIES CIP

Energy

▶ Citizenship by Investment Unit (CIU), p. 80

▶ Caribbean Water Treatment, p. 155

▶ Henley & Partners, p. 83

▶ PV Energy, p. 155

▶ James & Maginley, p. 83

▶ RUBIS, p. 155

▶ Nonsuch Bay Real Estate, p. 83

▶ West Indies Oil Company, p. 156

▶ South Point Real Estate, p. 86 ▶ Tamarind Hills, p. 87 ▶ TurnKey Antigua, p. 88

I nvestment & Legal Framework ▶ Antigua & Barbuda Customs & Excise Division, p. 108 ▶ A ntigua & Barbuda Inland Revenue Department, p. 108 ▶ A ntigua & Barbuda Investment Authority, p. 108 ▶ Cort & Cort, p. 112 ▶ Fitzgerald Management & Trust Services, p. 114 ▶ Thomas John & Co, p. 114

Finance

Industry & Trade ▶ Antigua Distillery, p. 164 ▶ Hadeed Motors, p. 164 ▶ Harney Motors, p. 165 ▶ Island Provision, p. 166 ▶ Kings Casino, p. 167 ▶ Special Security, p. 167

eal Estate & Main R Developments ▶ Callaloo Cay, p. 177 ▶ Exclusive Concierge, p. 178 ▶ Island Living, p. 179 ▶ L uxury Location, p. 180 ▶ M ajestic Realty, p. 182 ▶ O BMI, p. 183

▶ ABI Insurance Company, p. 124

▶ O range Limited (Pearns Point), p. 183

▶ Anjo Insurances, p. 125

▶ P apaya Hotel & Spa, p. 183

▶ Antigua Commercial Bank (ACB), p. 126

▶ Pleasure Cove, p. 184

▶ Axcel Finance, p. 127

▶ Stanhope Shepherd, p. 184

▶ Brysons Insurance, p. 127

▶ Windward Estate, p. 185

▶ Caribbean Alliance Insurance Company, p. 128

▶ Yida Development, p. 185

▶ Caribbean Union Bank, p. 128 ▶ CIBC First Caribbean International Bank, p. 130 ▶ Eastern Caribbean Amalgamated Bank (ECAB), p. 131 ▶ Financial Services Regulatory Commission (FSRC), p. 131 ▶ Global Bank of Commerce (GBC), p. 133 ▶ Grant Thornton, p. 136 ▶ Sagicor Life Eastern Caribbean, p. 137 ▶ Scotiabank, p. 138 ▶ Social Security Board, p. 138 ▶ State Insurance Corporation, p. 140 ▶ Trium Bank & Trust, p. 142

70

www.ebizguides.com

TOP 100 COMPANIES Transport

Education & Healthcare

▶ A ntigua & Barbuda Airport Authority (ABAA), p. 194

▶ A ntigua & Barbuda Hospitality Training Institute, p. 229

▶ A ntigua & Barbuda Department of Marine Services and Merchant Shipping ADOMS), p. 196

▶ American University of Antigua (AUA), p. 230

▶ A ntigua & Barbuda Port Authority ABPA), p. 196 ▶ American Airlines, p. 199 ▶ Brysons Shipping Agency, p. 199 ▶ Budget, p. 200 ▶ Caribbean Airlines, p. 201 ▶ Cruise Tourism Association, p. 201 ▶ DHL, p. 201 ▶ Fedex, p. 202 ▶ Francis Trading Agency, p. 202

▶ Antigua State College, p. 231 ▶ International Institute of Technology, p. 231 ▶ U niversity of Health Sciences Antigua (UHSA), p. 232 ▶ University West Indies, p. 232 ▶ Belmont Group, p. 233 ▶ Medical Benefit Scheme (MBS), p. 233 ▶ Medical Surgical Associates, p. 234 ▶ Mount St. John’s Hospital, p. 234 ▶ N ational Solid Waste Management Authority, p. 235

▶ Hertz, p. 202 ▶ Jolly Harbour, p. 203 ▶ LIAT, p. 204 ▶ Nelson’s Dockyard Marina, p. 204 ▶ UPS, p. 205 ▶ Yacht Club Marina, p. 205

ICT & Media

Tourism ▶ A ntigua & Barbuda Tourism Authority (ABTA), p. 251 ▶ B lue Waters, p. 251 ▶ C arlisle Bay, p. 251 ▶ C urtain Bluff, p. 252 ▶ Falmouth Harbour, p. 254

▶ A ntigua Public Utilities Authorities (APUA), p. 210

▶ Halcyon Cove (Rex Resorts), p. 256

▶ Digicel, p. 211 ▶ Flow, p. 212

▶ I sland Provision (Best Cellars Wines & Spirits), p. 260

▶ Observer Media, p. 212

▶ Jolly Beach Resort, p. 261

▶ Investment Authority (Tourism), p. 258

▶ National Parks Authority, p. 262 ▶ Nonsuch Bay, p. 264 ▶ Ocean Point, p. 268 ▶ St. James Club (Elite Island Resorts), p. 269 ▶ S t. John’s Development Corporation (SJDC), p. 270 ▶ S outh Point Hotel, p. 271 ▶ S ugar Ridge, p. 272

www.ebizguides.com

71

72

www.ebizguides.com

Citizenship by Investment Program

Citizenship by Investment Program

Charmaine Quinland-Donovan Chief Executive Officer Citizenship by Investment Unit

74

www.ebizguides.com

Citizenship by Investment Program

Foreword Dear Reader, At the time of writing this message, I would be almost three months into my appointment as Chief Executive Officer (CEO), of the Antigua and Barbuda Citizenship by Investment Unit (CIU).

I feel extremely privileged to be presenting this message on the Unit’s behalf, as we continue to improve upon the foundation already laid.

This field, which forms a part of the larger migration industry, is dynamic as it is competitive. Even so, despite being a recent entrant into the alternative citizenship space and having four other programmes in the region, the Antigua and Barbuda Citizenship by Investment Programme (CIP) has been ranked by major industry players, as number one in the region and third globally.

The CIP began its journey in April 2013 and the dedicated, professional staff of the CIU has spent the past three and half years building our brand, which has now become synonymous with commitment to transparency, efficiency, professionalism, integrity and adherence to industry best practices.

The Unit is the authority responsible for processing all applications submitted for Citizenship by Investment, issuing all Agent Licenses, as well as approving Authorized Representatives, Projects and Business Investments.

In 2013, our staff compliment was eight.

We have now more than doubled our www.ebizguides.com

numbers in order to deliver an even better quality product. Our staff primarily comprises private sector individuals who, because of their professionalism and efficiency enabled the CIU to be regarded as the most efficient and proactive unit in the region.

Looking ahead, we are focused on accelerating the execution of our growth strategy while continuing to build on the strength of our brand. We play a pivotal role in affording legitimate investors and their families the opportunity of becoming global citizens; facilitating greater security, mobility, access to education, quality of life, stability and protection of wealth.

We hasten to add that as a Small Island Developing State (SIDS), this Programme brings positive socio-economic benefits to our local communities and we take our responsibility of protecting this valuable asset very seriously.

My team and I affirm our commitment to providing exceptional service and to living our core values of Excellence, Integrity and Transparency.

Personally, I am incredibly excited about this journey and truly believe that we have not yet surpassed our best. The best is yet to come!

Sincerely, Charmaine Quinland-Donovan CEO

75

Citizenship by Investment Program

OVERVIEW Like many countries around the world, Antigua & Barbuda’s economy suffered a major setback after the 2008 global economic crisis. With tourism being the main driver of the economy, the government implemented the Citizenship by Investment Program (CIP) as a way to jumpstart the economy, by attracting foreign direct investment (FDI), renewing interest in the real estate market and spurring investment in the general economy.

Established in 2013, Antigua & Barbuda’s Citizenship by Investment Program (CIP), also known as Economic Citizenship, allows eligible investors and their families to be granted the Antiguan citizenship and passport by making a significant economic contribution to the country. Antigua’s economic citizenship program is among the least expensive in the world, and applications are typically approved in as little as 90 days.

To qualify, applicants must be over 18 years of age, submit to a rigorous due diligence process which involves background checks, and select one of the following three investment options: 1. A contribution to the National Development Fund (NDF) of a minimum non-refundable amount of US$ 200,000 2. An investment of at least US$ 400,000 into one of the approved real estate projects and to be held for a minimum period of 5 years 3. An investment of a minimum of US$ 1,500,000 directly into an eligible business as a sole investor or a joint investment involving at least two persons totaling at least US$ 5,000,000 and each of those persons individually invests at least US$ 400,000.

78

Contribution to the National Development Fund The National Development Fund (NDF) is a nonprofit organization subjected to parliamentary oversight, with the purpose of funding government sponsored projects, including public-private partnerships and approved charitable investments.

Acquisition of citizenship under the NDF investment option requires a contribution of a minimum of US$ 200,000 per application, in the form of a one-time payment.

The primary applicant may include spouse, dependent children, and parents over 65 years of age, with no additional NDF contribution required. However, government and due diligence fees will be payable per each individual.

Investment in Real Estate In order to qualify for citizenship under the real estate option, the government requires applicants to make an investment in a designated and officially approved real estate property, with a minimum value of US$ 400,000, in addition to the payment of processing and due diligence fees.

Two or more applicants who have executed a binding sale and purchase agreement may apply jointly for citizenship provided that each applicant contributes the minimum investment required.

Real estate ownership is permissible through a nonprofit company provided that it has issued all of its

www.ebizguides.com

Citizenship by Investment Program authorized shares to the applicants, is not an exempt or offshore entity and submits evidence as to its beneficial ownership, as well as being established in good standing under the laws of the country.

■ A medical practitioner states that any of the members of the family is suffering from a highly contagious disease,

This application procedure can last longer depending on the chosen property, and it cannot be re-sold until five years after the initial purchase unless an alternate approved real estate property is being bought.

■ An applicant is the subject of a criminal investigation, a potential security risk to Antigua & Barbuda, or has been denied a visa to a country with which Antigua has visa-free travel.

Business Investment

An individual can be deprived of citizenship if he doesn’t spend at least five days in Antigua & Barbuda during a period of five calendar years after having obtained it if the registration was obtained by false representation or fraud, or wilful concealment of relevant information about the applicant.

To qualify for citizenship under the business investment, applicants must choose between one of the following options:

■ Not having received a free pardon,

■ Where a person proposes to make an investment in an approved business of at least US$ 1,500,000 on their own behalf,

What are the benefits of Antigua & Barbuda Citizenship?

■ At least two persons propose to make a joint investment in such an approved business totaling at least US$ 5,000,000.

■ Visa free access to 134 countries, including Canada, United Kingdom, and Schengen area, ■ Decision rendered in 60-90 days on most files, ■ No restrictions on dual nationality,

Deprivation of Citizenship An applicant can be deemed ineligible, in situations such as: ■ An applicant has provided false information,

www.ebizguides.com One of many breathtaking villas in Tamarind Hills.

■ Citizenship for life, once residency requirement is met, ■ Straightforward application process, no minimum net worth requirement or previous business experience,

79

Citizenship by Investment Program ■ No tax on worldwide income, inheritance, capital gains or investment returns, ■ History of a stable currency US$ 1 = EC$ 2.70 (XCD) since 1976, ■ Antigua & Barbuda is a stable ‘Westminster’ style democracy, ■ Well-established legal and regulatory framework, supporting civil and commercial relationships, ■ Well-educated workforce, skills, and abilities for modern work place, ■ Active and committed member of the international community.

Aside from allowing the opportunity to reside in one of the top western destination for recreational travel, the benefits of an Antigua & Barbuda citizenship are multiple. Ranked 30th with a score of 136 from the Henley and Partners visa restrictions index-global ranking of 2017, the Antiguan Passport allows visafree travel in over 130 countries, including the U.K., Canada, Hong Kong and some countries of the Schengen area, among others.

The government allows its citizens to hold dual citizenship and does not report its acquisition to other countries. With a remarkably stable and secure banking system and no tax on global income or capital gains, Antigua & Barbuda is the ideal location for a second home.

The Citizenship

by Investment Unit The Citizenship by Investment Unit (CIU) is the entity responsible for processing applications and recommending the approval of real estate and business investment options. It has been very visible in the international community by attending various industry conferences and establishing a strong presence in a number of high-quality publications. This transparency has made industry partners such as Henley & Partners and Arton Capital to brand Antigua & Barbuda’s CIP as the number one program in the region, and third globally.

Recommended Partner Chief Executive Officer of the Citizenship by Investment Unit Ms. Charmaine Quinland-Donovan holds the distinctions of being the first national of Antigua & Barbuda and the first woman to head the country’s Citizenship by Investment Unit (CIU).

Her appointment as Chief Executive Officer (CEO) took effect on March 27th, 2017.

Prior to this recent appointment, Charmaine served in the CIU in three prominent capacities; Chief Compliance Officer, Chief Operating Officer and Acting Chief Executive Officer. She was instrumental in shaping and implementing policies and procedures from the establishment of the Unit and making necessary enhancements in

80

response to changes in the industry.

Charmaine holds a BSc with first class honors from the University of the West Indies. She is also a chartered director and a certified anti-money laundering specialist.

Charmaine’s employment history includes her almost nine-year tenure at the Eastern Caribbean Central Bank, where she served as Bank Examiner, supervised licensed financial institutions in the Eastern Caribbean Currency Union, led examination teams and served the Eastern Caribbean Securities Regulatory Commission. She has also worked at the Bank of Nova Scotia, where she was Senior Manager of Compliance for the Eastern Caribbean Region responsible for AML/CFT and regulatory compliance for nine countries including Barbados and St. Maarten.

www.ebizguides.com

Citizenship by Investment Program

As of December 2016, over 930 applications have been processed, resulting in more than 1,900 new Antiguans acquiring citizenship and more than US$ 200 million inserted into the country’s economy.

Antigua & Barbuda’s biggest source of applicants is China (with 34% of the total applications); followed

by Bangladesh (8%); USA (6%) and Russia (6%).

Citizenship Applications Received Under the Program by Country of Birth—16th June to 31st December 2016

North America & Europe

Sub-Saharan Africa

China India Korea Pakistan Pilippines Russia South Korea Thailand Vietnam Australia Bangladesh Egypt Jordan Kuwait Lebanon Libya Morocco Saudi Arabia Syria Turkey Algeria Germany Switzerland United Kingdom USA Canada Ethiopia Mali Nigeria South Africa Uganda

Middle East & North Africa

Statistics

Egypt

4

Jordan

2

Kuwait

1

Lebanon

3

Libya

3

Morocco

1

Saudi Arabia

1

Syria

5

Turkey

3

Algeria

2

Ethiopia

1

Mali

1

Nigeria

2

South Africa

1

Uganda

1

Germany

1

Switzerland

1

United Kingdom

1

USA

6

Canada

1

An attractive second citizenship 5

Asia-Pacific

0

10

15

20

25

China

34

India

3

Korea

1

Pakistan

3

Pilippines

1

Russia

6

South Korea

1

Thailand

1

Vietnam

1

Australia

1

Bangladesh

8

www.ebizguides.com

30

35

■ Mobility: A second citizenship gives this demographic the opportunity to become a global citizen; an opportunity that should be afforded to every individual by virtue of them being a resident of planet Earth.

■ Security: Individuals can become targets for kidnapping because of their wealth, country of origin or celebrity status. A second citizenship gives this demographic the opportunity to feel secure, particularly when traveling in certain parts of the world.

■ Stability: There are many parts of the world prone to political instability and internal conflicts. A second citizenship allows families in these affected areas to evacuate their loved ones at a moment’s notice ■ Protection of wealth: In this global economic environment, families with considerable fortunes, as part of their tax planning, can utilize citizenship opportunities to limit their tax burden.

81

Citizenship by Investment Program

English Harbour’s dockyard at night.

Economic Benefits of the CIP for Antigua Over the life of the program, Antigua & Barbuda has seen a resurgence in the country’s real estate sector and renewed interest in the hotel sector. This economic boost has allowed for environmentally responsible projects such as solar energy and reverse osmosis to be developed.

The local populace has also benefited from direct contributions to social development schemes. Additionally, the construction boom expected as a result of the program will create more employment opportunities to improve the economic livelihood of normal Antiguans and Barbudans.

Looking to the future, the country anticipates that the revenue flows from CIP will assist in fostering cottage industries such as agro-processing, improve the agricultural sector and support the creation of new industries, thereby, ensuring diversification of the economy.

Dealing with international concerns Assuring citizens that they will not suffer visa restriction from other nations and communicating their plans to those countries, as well as developing clear procedures regarding security and administration is an issue of important domestic political implications for countries that offer these programs.

82

This is why Antigua & Barbuda has implemented a stringent application process, which includes thorough background checks, and claims to have the strictest program in the Caribbean, with laws that require the individual to stay in the country for at least five calendar days in the next five years after they obtain citizenship.

The country has also partnered with Henley & Partners, who have played a significant role in assisting the government in the design, implementation and international placement of the program.

Moreover, the main applicant and his dependents will become ineligible if they have failed to receive a free pardon or have been convicted in any country of an offense for which the maximum custodial penalty is more than six months of imprisonment.

The regulations further establish that a person who has been denied a visa to a country with which Antigua & Barbuda has visa-free travel arrangement, and hasn’t subsequently obtained it, shall not be entitled to apply to this program. A person deemed a potential national security or reputational risk, or is the subject of a criminal investigation will also be denied citizenship.

In addition to this, the country has a 2017 updated list of restricted countries as follows: Afghanistan, Iran, Iraq, North Korea, Somalia, Yemen, and Sudan, in an effort of minimizing the risks of terrorist and criminal applications.

www.ebizguides.com

Citizenship by Investment Program

MAIN ENTITIES Henley & Partners Ms. Gaye Hechme Managing Partner Suite 202, Village Walk Mall, Friars Hill Road, St. John’s, Antigua Tel: (+1 268) 562 2625 Fax: (+1 869) 465 6221 gaye.hechme@henleyglobal.com www.henleyglobal.com Activity: Consulting Date of creation: 1990 Henley & Partners is a global leader in residence and citizenship planning. Hundreds of wealthy individuals and advisors rely on their expertise each year, and their highly qualified professionals are distributed in over 25 offices worldwide.

They created the concept of residence and citizenship planning in the 1990s, and it is now gaining significance among entrepreneurs and investors with the expansion of globalization.

The firm is also involved in strategic consulting, as well as design, set-up, and operation of the world’s most successful residence and citizenship programs (such as Antigua & Barbuda’s CIP), and its government advisory practice raised more than US$ 6 billion in foreign direct investment.

The highly developed tourism industry in Antigua & Barbuda makes the twin-islands a great destination for investors wishing to gain citizenship through a real estate investment.

Henley and Partners was an instrumental part of the design, implementation and international placement of Antigua & Barbuda’s CIP, ensuring its maximum effectiveness.

The firm regularly evaluates the real estate market to offer clients the best investment options, for security, resale ability, and better value. Property values in Antigua & Barbuda are relatively low and offer a high-quality range of options.

The Citizenship by Investment Program offers the option to invest in real estate, and thus recover your funds after the five years minimum holding period.

www.ebizguides.com

James & Maginley Ltd. Ms. Kirthley Maginley Chief Executive Officer & Director Meini Bank Building Long Street & Hardcastle Ave., St. John’s, Antigua Tel: (+1 268) 720 3800 info@jamesandmaginley.com http://jamesandmaginley.com Activity: Consulting Date of creation: 2012 Founded by its two directors Mr. E. Casroy James and Mr. Kirthley C.H. Maginley; James and Maginley Ltd is a locally incorporated and registered company, committed towards the continued development of Antigua & Barbuda.

The realization of this philosophy is enabled through the collective harnessing of the several years of professional experience of its two directors in the areas of international financial services, investment management, banking, finance, real estate and tourism development.

James and Maginley Ltd is committed to enhancing its service deliverability to its clientele through strategic collaborations and partnerships with local and internationally reputable corporations. The company leverages its local knowledge of the business landscape and culture of Antigua & Barbuda to the benefit of its clientele, strategic partners, and affiliates.

It provides consulting and general advisory services in the areas of financial management and real estate, as well as processing of applicants under The Citizenship by Investment Program (CIP), which was recently added to the company’s services portfolio.

Nonsuch Bay Real Estate Mr. Cameron Fraser General Manager Antigua Tel: (+1 268) 562 8000 cwfraser@candw.ag nonsuchbayresort.com

Activity: Hospitality Date of creation: 2013

83

Citizenship by Investment Program

Nonsuch Bay Resort...

One of the Caribbean’s best kept secrets!

84

www.ebizguides.com

Citizenship by Investment Program

Master Plan Legend

www.ebizguides.com

85

Citizenship by Investment Program The resort’s position at the head of the bay affords stunning views of rolling green hills and the azure waters out to sea.

Properties are eligible for CIP and excellent for lifestyle buyers. Nonsuch Bay represents the perfect opportunity to own a fully furnished contemporary living space in an exclusive and tranquil development.

Ranging from one-bedroom Beach Cottages through to 3 bedroom townhouses, Nonsuch Bay has a unique blend of properties available to suit a variety of needs.

For the Lifestyle buyer the apartments and beach cottages on the east side, are nestled in an 8-acre natural amphitheater together with the clubhouse, resort beach, and boat dock. These one, two and three-bedroom units all enjoy fabulous views of the bay.

On the west side, the Ayers Creek Residences are three-bedroom duplex homes, with private plunge pools, close to the mangrove lined water-front of Ayers Creek. On the ridge line between these two areas, three and five-bedroom hilltop villas command stunning elevated aspects across the Bay, the rolling tropical landscape, and the coastline. There are also a limited number of villa land plots available for sale.

Nonsuch Bay is now introducing Marina Residences which are one bedroom suites with private plunge pools, mainly with the CIP market in mind, although that does not discount lifestyle buyers. The 600 square feet suite has been designed with comfort, elegance, and island living in mind.

Each property offers a generously sized interior and exterior living spaces, modern and contemporary living at its best. With large sliding glass doors leading out into decking areas, you are perfectly placed to capture the stunning view from each property.

Whether as a Caribbean residence, a holiday home or pure investment, Nonsuch Bay is unparalleled in the Antigua real estate market.

“As a personal reflection of the last 50 years, I don’t think you can find this sort of bounce of opportunities in many others destinations. This place provides the natural environment that is required. I will encourage people to consider investing here; there are as many opportunities for the next 50 years as there was for the last 50 years.

In the whole world every opportunity, every upside is already consumed. Here there are opportunities in everything.”

Mr. Cameron Fraser General Manager With properties starting from US$ 400,000 Nonsuch Bay consists of 62 apartments, 20 villa blocks (12

86

sold and nine pending to be built), and 15 town houses. Guests vary from homeowners and paying guests who stay at the hotel overnight. Out of the 62 apartments, 42 of them are in the hotel program, which results in 126 bedrooms.

In the main compound, there are still four apartments left to sell, apart from several town houses. There are also eight villa blocks, and we are building onebedroom suite from the western side of the property which is optimized by the CIP. Nonsuch launched 40 of the 198 with permissions to build to the market and sold 26 from the 40 on the last 18-months.

“They know that the direct foreign investment is moving forward and they take credible propositions. They are looking for people that bring ideas and investment here. It’s been ten years that was like that and we didn’t do anything wrong, it just was that CIP and its fellows convert that to this. That can be replicated all over the island.”

Mr. Cameron Fraser General Manager

South Point Real Estate Mr. Jeff Hadeed Managing Director English Harbour, St. Paul, Antigua Tel: (+1 268) 562 9600 info@southpointantigua.com www.southpointantigua.com

Activity: Real Estate/ Hostelry Date of creation: 1990 South Point is a private beachfront property with just a handful of luxury suites and a team of exceptional, dedicated staff, that provide the guests with a unique experience. With its minimalist and modern design, coupled with an Italian-inspired philosophy of ‘la dolce vita,’ South Point has a very distinct style.

From the monochromatic color scheme to the subtle decor and urban chic vibe, South Point was purposefully designed to contrast—yet complement— its tropical beach setting. Surrounded by such beautiful simplicity, it’s easy to appreciate the moments that make life so sweet.

www.ebizguides.com

Citizenship by Investment Program

South Point swimming pool with the view on Yacht Club Marina.

The relaxed ambiance and incredible location – an oasis in the heart of English Harbour – as well as the proximity to numerous restaurants, bars, and cafes; has established South Point as one of the best Antigua hotels for girlfriend getaways and solo travelers.

South Point is one of a few properties approved for the new Antiguan Citizenship by Investment Program. However, long before the CIP was introduced, South Point was established as a condo hotel for holidaymakers who want to own real estate in Antigua, without the hassle of maintenance.

In addition to the rental income generated by the hotel, owners who participate in the Condo Hotel Rental Program enjoy 42 personal nights for personal use per year. Because the property is managed as a hotel, the owners can avoid the usual hassles of international holiday home ownership.

TAMARIND HILLS Mr. Rufus Gobat Director Ffryes Beach, P.O. Box JH207 St. Marys, Antigua Tel: (+1 268) 562 7380 Fax: (+1 268) 562 3780 info@tamarind-hills.com http://tamarind-hills.com/ Activity: Real Estate Date of creation: 2007 Tamarind Hills is a stunning collection of freehold villas, townhouses, and apartments for sale and rental within a five-star beachfront resort on Antigua’s glorious west coast.

Villa Turquoise, available in CIP properties.

www.ebizguides.com

87

Citizenship by Investment Program There is a wide range of properties available for sale and rental from one to six en-suite bedrooms, all with magnificent views of the Caribbean Sea, and most featuring private pools, fully equipped kitchens, and all with concierge services.

Tamarind Hills outstanding resort facilities will offer the ultimate in laid-back, unpretentious luxury. Down on the waterfront, a boardwalk will connect the two beaches and leads to a sophisticated beach club with an informal restaurant and bar built with open air dining.

Relaxation will come easy around the multi-tiered, infinity edged pools with their chic cabanas, day beds and mood setting entertainment. And, of course, it is possible to retire to your luxury villa or apartment any time, letting the butler and concierge services take care of your every wish.

Regarding activities, there will be tennis courts, jogging tracks, a dive shop, non-motorized water sports, a well equipped modern gym and there are great hiking and nature trails nearby. Children can have fun with a playground and professionally supervised kid’s club. The resort’s spa will provide treatments and therapies inspired by the Caribbean, as well as yoga and Pilate’s classes.

The company also works closely with the local Antiguan community by settling amenities for the church groups and the kids or contributing to Carnival for juniors and seniors. Tamarind Hills is very involved with the community and acts as a good corporate citizen.

“This project will operate as a five-star resort, but it will offer inventory from one bedroom to six bedroom villas.”

Mr. Rufus Gobat Director

TurnKey Antigua Fitzgerald House, 44 Church Street, 2nd floor St. John’s, Antigua Tel: (+1 268) 462 5232/31 info@turnkeyantigua.com www.turnkeyantigua.com Activity: Consulting/ Real Estate Date of creation: 2014

Tamarind Hills shopping mall will offer a delicatessen, a convenience store, and an informal coffee shop. It’s the best of all worlds—a luxury Caribbean property with all the facilities of a five-star resort on your doorstep.

“Our biggest advantage is that we have a proven real estate sales track record. The second and maybe equally important is our unique location.”

Mr. Rufus Gobat Director The design of Tamarind Hills is very contemporary and sharp, with inspiration from Miami to Bali. With this unique design, Tamarind Hills respects the desire of the Government of Antigua to become a Green Island by using composite roofing materials, solar energy, and ecological water treatment.

88

TurnKey Antigua is based in St. John’s, Antigua, and specializes in providing professional services in assisting with obtaining an Antigua & Barbuda citizenship through the Antigua & Barbuda Citizenship by Investment Program (CIP).

TurnKey assist its clients throughout all the stages of the application process and has partnerships with legal and real estate professionals that allow a seamless and hassle-free experience for their customers.

www.ebizguides.com

Citizenship by Investment Program

www.ebizguides.com

89

ECONOMY

overview Antigua & Barbuda’s economy is one of the most prosperous in the Caribbean region. While its heavy reliance on tourism makes the country vulnerable to downturns in international markets, its highly successful Citizenship by Investment Program, launched in 2013, has been a much welcome source of economic stability, spurring an economic recovery which quickly brought the country back to its pre2008 levels.

92

Photo by Tamarcus Brown on Unsplash.

Economy

Its GDP, overall and per capita, suffered significantly after the 2008 crisis. GDP fell from 1.35 to 1.13 billion (current US$), and GDP per capita from US$ 15,787 to US$ 12,817 between 2008 and 2010.

Nevertheless, economic growth stabilized in the subsequent years, with its GDP increasing from US$ 1.2 billion to US$ 1.26 billion from 2013 to 2016. A similar evolution can be seen on the country’s GDP per

www.ebizguides.com

Economy capita, with an annual growth of around 3,5% over the past two years. General government revenue as a percentage of fiscal year GDP also increased in the past three years, from 18,6% in 2013 to 25% in 2016.

improve the economic climate. Estimates for 2017 include a GDP (PPP) of Intl$ 2.3 billion, a GDP per capita of US$ 24,000, and a GDP real growth rate of 4,4%.

Today, Antigua’s economy is different than it was during the 17th and 18th centuries. Rather than relying on agriculture, the island’s main source of employment now comes from the tourism and government-service industries. Currently, tourism accounts for 60% of the country’s GDP and 40% of investment. Indeed, the services sector represents 80% of the economy, while agriculture and industry only account for 2,2% and 17,8% respectively.

GDP PPP, Billions US$ Last 5 Years 2,30B

2,20B

2,0B1

Historical Context Shortly after the islands stabilized following their colonization in the 1600s, English settlers began to grow cash crops of cotton, indigo, tobacco, and ginger to be exported as well as to provide food to live on. Over the years, sugarcane cultivation became a booming business in Antigua and dominated the economy for centuries.

2,00B

1,90B

1,80B 2012

2013

2014

2015

2016

Moreover, forecasts of the Antiguan economy expect steady economic growth over the next four years, showing confidence in the government’s efforts to

After slavery was abolished in 1834, laws were imposed keeping former slaves in other forms of servitude; although slaves were technically free, they still had to work for plantation owners.

However, since large plots of land are required for

Antigua has a dynamic yachting sector.

www.ebizguides.com

93

Economy

Exports 100%

80%

60%

40%

Inflation

FDI, net inflows

20%

0%

GDP Per Capita

sugar production, it began to decline in importance after World War II and had nearly faded out of existence by the 1970s.

In the 20th century, tourism took the place of the sugarcane industry as the principal means of income for Antigua’s economy, and it is the main source of employment for those living on the island today.

Even if agriculture remains a part of the Antiguan economy, it can’t stand up to the international competitors. Its primary focus is the domestic market and comprises the production of cotton, fruits, vegetables, bananas, coconuts, cucumbers, mangoes, sugarcane, and livestock.

94

GDP Growth Rate

However, it is still constrained by limited landmass, fresh water supply, and labor force. Approximately 82% of the island’s labor force works in the tourism sector, while only 11% works in agriculture.

Despite dominating Antigua & Barbuda’s economy, the tourism industry has suffered major blows due to natural disasters and downturns in the international markets, like the 2008 financial crisis.

This is why the Antiguan economy has been gradually rebuilding and diversifying, to avoid the vulnerability that comes with being so dependent on the tourism sector. Industries such as transportation and communications are on the rise, as well as financial services and products.

www.ebizguides.com

Economy

Tourism is the main contributor to GDP.

International Trade Imports, Millions US$ Last 5 Years

Being a small island nation, Antigua & Barbuda relies heavily on international trade.

It was ranked 174th in exports worldwide. In 2015, the country exported close to US$ 538 million and imported US$ 657 million, resulting in a negative trade balance of current US$ 119 million. Meanwhile, estimates for exports and imports for 2017 are US$ 619 million and US$ 686.7 million respectively.

As a member of the OECS, Antigua & Barbuda has a foreign exchange system that is fully liberalized. The XCD has been pegged to the US$ at a rate of XCD 2.70 to US$ 1 since 1976. As a result, the Eastern Caribbean Dollar does not fluctuate, which creates a stable currency environment for trade and investment in Antigua & Barbuda.

Antigua & Barbuda’s top three trade partners are the United States, the United Kingdom, and China, and its three top exported goods in 2015 were textile articles, electrical machinery, and ships and boats.

www.ebizguides.com

760M

740M

720M

700M

680M

660M 2012

2013

2014

2015

2016

95

Economy The International Business Corporations Act An International Business Corporation (IBC) is an entity incorporated under the IBC Act to carry on international trade or business. The IBC structure allows for a comprehensive range of business opportunities, including international banking, trust business, insurance, manufacturing, and other international trade activities to persons outside the country within a tax-free environment. An IBC is exempt from the payment of corporate income tax, Antigua & Barbuda sales tax, and withholding tax.

Among the advantages of the Antigua & Barbuda IBC structure we can name the following: ■ Asset protection ■ Confidentiality ■ No minimum capital requirement for non-licensed IBCs ■ No statutory audit requirement for non-licensed IBCs ■ Tax exemption ■E xchange control exemption

The Free Trade and Processing Zone Established by an Act of Parliament in 1994, The Antigua & Barbuda Free Trade and Processing Zone is administered by a Commission, empowered by the Free Trade and Processing Zone Act Nº12 to function as a private enterprise.

The Zone is part of an initiative undertaken by the government to diversify the economy of the country. It is intended to attract investment in the areas deemed as priorities for the economic development of Antigua & Barbuda.

It is located in the northeastern section of the island adjacent to the coastline, and sits on approximately 100 acres of prime real estate and is near St. John’s, the capital city and commercial center of Antigua.

Debt and Inflation Antigua & Barbuda is a member of the Eastern Caribbean Currency Union. Therefore monetary policy is determined by the Eastern Caribbean Central Bank.

The port of St. John’s can welcome four mega-cruise ships simultaneously.

96

www.ebizguides.com

Economy Inflation in Antigua & Barbuda has been moderate since 1993, oscillating between 3% and 4% a year.

However, it has been close to 1% since 2013, going down to 0,97% in 2015, and it is estimated to be at 1,8% in 2017.

Inflation, % Last 5 Years 4,00%

3,00%

With its biggest donor being Japan (84%), Antigua & Barbuda’s AFT inflow was 0.6 million US$ in 2015, with its top three priorities being regional integration, transport infrastructure, and network infrastructure.

The AFT disbursements were distributed in different sectors, with the biggest proportion being agriculture, forestry, and fishing, accounting for nearly US$ 0.5 million in 2015, while the remaining US$ 0.1 million was distributed in equal proportions between tourism, energy generation and supply, and business and other services.

Business Climate According to the World Bank’s 2014 Doing Business report, starting a business in Antigua & Barbuda requires on average eight different procedures, takes 21 days, costs 10.5% of income per capita, and no minimum paid-in capital is needed.

2,00%

1,00%

0,00% 2012

2013

2014

2015

In the medium-term, economic growth is likely to be tied to income growth in industrialized economies, especially the US and the UK, since they are the primary sources of tourists for Antigua & Barbuda.

The country’s public debt in percentage of GDP decreased significantly from 2002 and 2008, going from 127% of GDP to 76.7%. It rose above 100% the next year due to the financial crisis, but dropped back to 92.7% in 2016 (6.36 points lower than in 2015), and is estimated to be at around 90% in 2017.

Globally, the twin-island nation stands at 92 in the ranking of 189 economies regarding the ease of starting a business, which places Antigua above the regional average for Latin America and the Caribbean.

It is also 34th in the strength of investor protection index, which indicates that the country’s regulations offer strong investor protections against self-dealing in different areas; and 21th in dealing with construction permits.

Nowadays, efforts continue to be made by the government to improve the ease of business in the country.

In absolute terms, Antigua & Barbuda’s public debt was at US$ 1,376 million in 2016, 37 million less than the previous year. According to published data, the debt per capita in 2016 was US$ 14,791. In 2015 it was US$ 15,460, which means that the debt per capita diminished by US$ 669.

Economic aid International economic aid averages at around US$ 2 million per year. Indeed, in 2015, the country received US$ 2.7 million Official Development Assistance (ODA) inflows, of which 0.6 million was Aid for Trade (AFT).

www.ebizguides.com

Aerial view of the Boom Restaurant, part of the Admiral’s Inn Hotel.

97

INVESTMENT & LEGAL FRAMEWORK

Investment & Legal Framework

OVERVIEW The government of Antigua & Barbuda is keen on attracting investment in a variety of sectors.

It recognizes the importance of having a competitive investment environment and has therefore pursued an effective mix of measures devised to contribute to the optimization of economic growth. These are summarized in the following: ■ Legal and regulatory framework ■ Promoting public-private partnerships (PPP) ■ Policies to reduce the cost and improve the ease of doing business ■ Infrastructure development

100

Attention: This eBiz guide was published shortly after hurricane Irma passed through the Caribbean in September 2017.

The island of Barbuda was particularly affected and sustained extensive damage to its infrastructure. At the time of publishing, the impact has not been fully assessed and information related to the island in this guide may not be up to date. Investment projects are to be expected to rebuild the island. For more information, see pages 22-23 in the introduction chapter.

www.ebizguides.com

Investment & Legal Framework Why Invest in Antigua & Barbuda?

Commercial and Industrial Protection

Antigua & Barbuda promotes itself as a preferred investment destination based on the following:

The Antigua & Barbuda Intellectual Property & Commerce Office (ABIPCO) is the main administrative mechanism that ensures the registration and compliance of all business names, local companies, external companies, non-profits and friendly societies.

In addition, this office is charged with the responsibility of granting intellectual property rights for applications in trademarks, patents, industrial designs, geographical indications, integrated circuits and new plant varieties.

■ No restrictions on foreign ownership of businesses ■ No restriction on the repatriation of profits or capital gains ■ Exemption from corporate tax for qualifying enterprises ranging from five to 20 years ■ Exemption from import duties for qualifying businesses ■ Diverse and well-regulated offshore financial sector ■ Highly educated labor force ■ Preferential trade agreements with the United States, Canada, the European Union, the Caribbean Single Market and Economy, and the Organization of Eastern Caribbean States (OECS) economic union ■ Excellent telecommunications infrastructure ■ Excellent sea and air links to major markets ■ Legal system modeled on UK Law ■ Economic and political stability

Legal and Regulatory Requirements Antigua & Barbuda bases its legal system on the British Common Law system. The Attorney General, the Chief Justice, Judges, and Magistrates administer justice in the country; while the final court of appeal is the Judicial Committee of the Privy Council in the United Kingdom.

The Caribbean Court of Justice (CCJ) is the regional judicial tribunal, established in 2001 by the agreement establishing the Caribbean Court of Justice.

The CCJ has original jurisdiction to interpret and apply the Revised Treaty of Chaguaramas. In its appellate jurisdiction, the CCJ considers and determines appeals from Member States of CARICOM, which are parties to the agreement establishing the CCJ. Antigua & Barbuda is currently in the preparatory stages of conducting a referendum on formally adopting the CCJ as the final appellate Court.

www.ebizguides.com

ABIPCO also gives general advice on Copyright laws and moved to full automation, and electronic processing for companies’ registration as of January 2016 after an amendment to the Electronic Transaction Act was completed in July 2015.

Antigua & Barbuda is a member of the United Nations World Intellectual Property Organization (WIPO) and has signed several intellectual property agreements such as the Paris Convention for the Protection of Industrial Property, the Patent Cooperation Treaty, and the Berne Convention for the Protection of Literary and Artistic Works, among others.

The Economic Partnership Agreement (EPA) which was signed between the CARIFORUM States and the European Community in 2008 contains the most detailed obligations with respect to intellectual property in any trade agreement to which Antigua & Barbuda is a party.

Repatriation of Funds Companies registered in Antigua & Barbuda have the right to repatriate all capital, royalties, dividends, and profits free of all taxes or any other charges on foreign exchange transactions. One must be on the island for 180 days to be considered a resident.

Antigua & Barbuda has relatively strong investor protection legislation in place. The Constitution prohibits the compulsory acquisition of any investment enterprise or asset of an investor except in rare instances. The island’s Investment Code Incentives Act also protects personal property and permits the acquisition and disposal of all property rights.

Cases falling under the acts of Parliament are heard by the High Court, with appeals to the Eastern Caribbean Supreme Court and in the final instance

101

Investment & Legal Framework the Caribbean Court of Justice. The island is also a member of the International Centre for Settlement of Investment Disputes.

required to consult a local lawyer for the incorporation of a company.

Administrative Requirements

■S tatutory declaration by an attorney-at-law that the applicant fulfills the requirements

There are essentially two types of corporate entities that can be registered in Antigua & Barbuda: Entities conducting business in Antigua & Barbuda (domestic limited liability companies) are registered under the Companies Act. Entities conducting offshore banking, trust, insurance, betting or gaming activities and corporate management and trust services (international business corporations) are registered under the International Business Corporations Act.

The following documents must be submitted for the incorporation of a company:

■ Articles of Incorporation ■N otice of the names of the Directors ■N otice of the address of the Registered Office ■ A Non-Citizen Landholding License if necessary ■R eceipt issued by Cashier of the Registrar for payment of registration fees.

Procedures involved in the incorporation and registration of a new firm in Antigua & Barbuda: 1. Search and reserve company name

Every industry, manufacturer, trade or service business engaging in commercial activity of any kind is classified as businesses and must register under the Business Registration Act of 1995 and with the Inland Revenue Department. All businesses must register with the Social Security Board, the Board of Education and the Medical Benefits Scheme. Special Registration procedures apply to international business corporations, which have to register with the Financial Services Regulatory Commission (FSRC).

2. Retain a lawyer to prepare the incorporation documents

Registering A Company

7. Register for medical benefits

Registration with the Inland Revenue Department for tax purposes is mandatory for companies, and it is

3. Register with the Intellectual Property and Commerce Office and receive the Certificate of Incorporation 4. Make a company seal 5. Apply for a taxpayer identification number 6. Register for VAT and obtain an ABST identification number

8. Register for social security 9. Register for education levy

102

Photo: PCC highlander

Antigua & Barbuda is a famous destination for luxury yachting.

www.ebizguides.com

Photo: PCC highlander

Investment & Legal Framework

Today’s mega yacht offers luxury services as private charters.

TAXATION Antigua & Barbuda Sales Tax (ABST) ABST is an indirect tax and is levied at the rate of 15% on the value of a wide range of goods and services imported or supplied in Antigua & Barbuda by ABST-registered persons. The rate applied with respect to hotel accommodation is 12.5%, while some services including financial services, local transport, the sale of residential land, education, long-term accommodation, and medical and veterinary services, are exempt.

Persons operating under the ABST regime must be registered for it. The threshold for ABST registration is 300,000 East Caribbean dollars in taxable activity per 12-month period. Registered persons may deduct input tax from their output tax: where input tax exceeds output tax, the registrant will be entitled to a refund of ABST. Certain supplies are zero-rated, including exports, basic food items, water, electricity for residential use, sale of new residential property, construction of new residential premises, and fuel.

www.ebizguides.com

Customs Duties Customs duty is levied on a wide range of imported goods at rates from 0% to 70% as specified in the Customs Duties Act. Customs duty is levied on goods based on the cost, insurance, and freight (CIF) values, and rates are determined by the Caribbean Community (CARICOM) Common External Tariff.

The Antigua & Barbuda Revenue Recovery Charge (RRC) is applied at a flat rate of 10% on the CIF value on all goods imported into or produced in Antigua & Barbuda. Exemptions will include entities with which the government has International Assistance Agreements, certain government entities, and most supplies or imports of fuel.

Property taxes Property tax is levied annually at graduated rates on the basis of the market value of real property and its use; and are as follows: ■ Agricultural land: 0.10% ■ Residential land: 0.20% ■ Residential building: 0.30%

103

Investment & Legal Framework The Eastern Caribbean dollar (EC$) is Antigua & Barbuda’s currency.

Life and general insurance premium tax A premium tax of 3% is levied on the premium income (net of agent’s commission) of all life insurance companies and on the premium income, excluding motor business, of all general insurance companies, whether resident or non-resident.

Social security contributions and medical benefits The employer portion of social security contributions is 7% of chargeable income of up to EC$ 6,500 per month, and the portion of medical benefits payments is 3.5% of salary and wages of an employee who is between 16 and 60 years of age.

Corporate Taxation A corporation is deemed to be a resident if it is incorporated in Antigua & Barbuda, if it is registered as an external company doing business in Antigua & Barbuda, or if the central management and control of its business are exercised in Antigua & Barbuda.

■ Buildings classified as other property: 0.50% ■ Land classified as other property: 0.40% ■ Dwelling house allowance of EC$ 150,000 from the taxable value ■ Rebate of 5% for payment of tax on or before the due date ■ New dwelling house will be exempt from tax for the first two years of being habitable ■ Between 25% and 100% tax rebate available for special development property and property for public use; 25% for hotels

Non-citizens undeveloped land tax Undeveloped land tax is levied on the basis of the value of land owned by non-citizens that has not been developed. The tax takes effect from the date of declaration by the government.

Rates of tax are as follows: ■ First year of ownership: 10% ■ Second year of ownership: 15% ■ Third and subsequent years of ownership: 20%

104

Companies domiciled in Antigua & Barbuda pay income taxes on all non-exempt income no matter the source. The rate of tax on profits for resident companies is 25%, and they are assessed based on all income earned during a given calendar year. There is no income tax on capital gains or dividends. There is, however, a property transfer tax of 4.5% of the value of the property sold.

In 2006 Antigua & Barbuda introduced a value-added tax of 15% on the sale of goods and services of 15%. For households, all individuals are allowed a deduction of EC$ 36,000 and are then taxed at 1% on the excess.

Non-resident companies deriving income from Antigua & Barbuda are liable for CIT and should be registered if they have a physical presence in Antigua & Barbuda. Antigua & Barbuda imposes a flat CIT rate of 25%.

INCOME TAXATION ON INDIVIDUALS Personal income tax (PIT) was abolished on 30th June 2016 and replaced by an Unincorporated Business Tax (UBT), which is a tax levied on the net income of an unincorporated business.

www.ebizguides.com

Investment & Legal Framework Social Security

Tax Rates Unincorporated Business Type

Sole Trader

Partnership – Two Partners

Tax Bands (Chargeable Income in XCD)

Rates

$0.00 to $42,000

0%

$42,001 to $186,000

8%

$186,001 and over

25%

$0.00 to $84,000

0%

$84,001 to $228,000

8%

$228,001 and over

25%

$0.00 to $126,000

0%

Partnership – Three Partners

$126,001 to $270,000

8%

$270,001 and over

25%

Partnership – Four Partners

$0.00 to $168,000

0%

$168,001 to $312,000

8%

$312,001 and over

25%

$0.00 to $210,000

0%

$210,001 to $354,000

8%

$354,001 and over

25%

Partnership – Five Partners and Over

Employee portion is 4% of chargeable income, up to EC$ 6,500 per month. Self-employed individuals are required to contribute 10% of chargeable income as declared by the self-employed person.

Education Levy Chargeable income or salaries and wages to calculate the contributions in respect of social security, medical benefits, and the education levy does not include most allowances. There is no deduction on the first EC$ 6,500 of chargeable income per annum; a 2.5% deduction on chargeable income between EC$ 6,500 and EC$ 60,000; and 5% deduction on chargeable income for amounts above EC$ 60,000 per annum.

Investment Authority Act 2006 The Investment Authority Act provides the framework for the promotion of investment opportunities in Antigua & Barbuda by introducing a system of reg-

Blue waters newly built Rock Cottage Villa.

www.ebizguides.com

105

Investment & Legal Framework Carlisle Bay’s private dockyard.

istration of businesses. The available incentives and concessions depend on the investment amount and the number of employees in the proposed business and are the exemption from the payment of customs duty, CIT and WHT; and the reduction of stamp duty.

Tourism and Business (Special Incentives) Act 2013 The Tourism and Business Act provides special incentives in the areas of the tourism industry and other specified business activities for two years unless it is extended by resolution of Parliament. The amount of the incentives and concessions will depend on the amount of the investment in the proposed business, and are as follows: ■ Exemption from the payment of customs duties, ABST, and RRC ■ Exemption from income tax ■ Exemption/Reduction of stamp duty on land transfers and non-citizen licenses ■ Exemption from WHT

106

Small Business Development Act (2007) The Small Business Development Act provides the framework for the growth of the small business sector in Antigua & Barbuda by introducing a system of registration of small businesses and a range of concessions that are available to the business, which are as follows: ■ Concession on customs duty of up to 100% ■ Property tax reduction of up to 75% ■ CIT exemption for a period not exceeding five years ■ CIT exemption after the initial five-year period of up to 10% ■ WHT exemption for a period of up to three years ■ Stamp duty exemption on the registration of a mortgage ■ Stamp duty exemption on the transfer of property and any applicable non-citizen landholding license

www.ebizguides.com

Investment & Legal Framework Foreign tax credit Double taxation is avoided using foreign tax credits where active tax treaties exist and through deduction of foreign income taxes in other cases (the United Kingdom and CARICOM). A foreign tax credit is also available to persons in Antigua & Barbuda who have paid or are liable to pay British Commonwealth income tax.

(ASC); Antigua & Barbuda Hospitality Training Institute (ABHTI); Antigua & Barbuda International Institute of Technology (ABIIT); and The University of the West Indies Open Campus. Plans for the establishment of the fourth Campus of the University of the West Indies in Antigua & Barbuda are at an advanced stage.

Working Conditions and Visas The Fiscal Incentive Ordinance provides manufacturers of an ‘approved product’ with an exemption from taxes for varying periods, up to a maximum of 15 years. After the period of exemption, relief by way of tax credits of up to 50% of CIT paid on profits derived from certain export sales may be obtained.

There are three main pieces of legislation governing industrial relations in Antigua & Barbuda. The Labour Code of 1975 that imposes minimum conditions in the conduct of Industrial relations and establishes a system for compulsory recognition of trade unions by employers; the Industrial Court Act of 1976, and the Civil Service Act of 1984. The current single minimum wage is EC$ 8.20 per hour.

Human Resources

Work Permit

Antigua & Barbuda had an estimated population of 100,963 in 2016. It has a labor force of about 59,000 persons with a literacy rate of approximately 90%.

The law stipulates a minimum working age of 16 years, which corresponds with the provisions of the Education Act.

Any employed or self-employed worker who is not a national of the Organization of Eastern Caribbean States (OECS), nor a resident requires a work permit to be employed or manage a business in Antigua & Barbuda.

Fiscal Incentives Ordinance (1975)

The following are the tertiary level training institutions in Antigua & Barbuda: Antigua State College

Once approved by the Department of Labour, the worker may travel to the country. Once in the country, the employer brings the passport to the Depart-

The Carmichael Pool in Sugar Ridge Resort.

www.ebizguides.com

107

Investment & Legal Framework ment of Immigration, along with a written undertaking to pay the worker’s return ticket, and the passport is endorsed with a work permit of up to a year. The permit is renewable on a yearly basis.

MAIN ENTITIES ANTIGUA & BARBUDA CUSTOMS & EXCISE DIVISION Mr. Raju Boddu Comptroller of the Customs and Excise Director Curch and Long streets, St. John’s, Antigua Tel: (+1 268) 462 0829 Fax: (+1 268) 462 2767 customs@ab.gov.ag www.customs.ab.ag Activity: Tax collection Date of creation: 1914 Customs operations have existed in Antigua & Barbuda since colonial times. With records dating back to 1914, the main focus of the Customs was traditionally collecting the border taxes and controlling border trade.

Its mission is to encourage compliance, collect revenue and protect the borders while facilitating trade and the movement of people through skilled professional workforce in accordance with international law.

Antigua & Barbuda Customs has been at the forefront of economic reforms since 2012, focused on the simplification of procedures, therefore affording the stakeholders a hassle-free trading environment resulting in cost and time savings.

It has recently implemented the latest version of the ASYCUDA (Automated System for Customs Data), the global standard software implemented by the United Nations Conference on Trade Development, funded by both the European Union and the World Bank. With this system, Antigua & Barbuda now occupies the most favorable position in the CARICOM region as a positive investment destination.

108

ANTIGUA & BARBUDA INLAND REVENUE DEPARTMENT Mr. Ralph Warner Commissioner Lauchland Benjamin Dr St. John’s, Antigua Tel: (+1 268) 468 9473 irdinfo@antigua.gov.ag http://www.forms.gov.ag Activity: Tax collection Date of creation: 1977 Responsible for the collection of Antigua & Barbuda’s sales tax and company tax, the Inland Revenue Department has the mission to equitably administer laws and regulations and to achieve increased compliance through education, services, and enforcement.

In April 2016, the Inland Revenue Department removed the personal income tax, as a measure to increase people’s disposable income, allowing them to save and spend more, benefiting the whole island economy. With this move, the government of Antigua wishes to place the country as a competitive location in the Caribbean by attracting company headquarters to create more jobs, and by positioning Antigua & Barbuda a good destination of choice for retirees.

ANTIGUA & BARBUDA INVESTMENT AUTHORITY (ABIA) Mr. Henderson Fields Executive Director Factory Road, 9, Sagicor Financial Center.

P.O. Box 80, St. John’s, Antigua Tel: (+1 268) 481 1000/1/2/3 Fax: (+1 268) 481 1020 info-abia@ab.gov.ag http://investantiguabarbuda.org/

Activity: Investment promotion Date of creation: 2006

www.ebizguides.com

Investment & Legal Framework

www.ebizguides.com

109

Investment & Legal Framework

Courtyard in the historic Copper and Lumber Store Inn in English Harbour.

110

www.ebizguides.com

Investment & Legal Framework The Antigua & Barbuda Investment Authority (ABIA) is the Government’s investment promotion agency for both local and foreign investors. It is a statutory body established under the Investment Authority Act of 2006.

The mission of the Antigua & Barbuda Investment Authority (ABIA) is to deliver superior client service while passionately promoting domestic and foreign investment consistent with the country’s strategic economic development goals. The ABIA fully endorses the government’s vision for Antigua & Barbuda to become a world-class destination for doing business by fostering the creation of innovative and sustainable businesses, creating improved and more fulfilling lives for its people.

Tourism and allied services are the bedrock of the Antigua & Barbuda economy with the sector estimated to provide annual revenues of approximately US$ 750 million and is responsible for 40% of all investments. The sector contributes at least 50% of Antigua & Barbuda’s GDP. Other potential growth sectors identified are manufacturing, agriculture, fisheries & agribusiness, ICT, financial services, health and wellness, creative industries and renewable energy.

With a strong democratic tradition and a Common Law system based on the UK model, Antigua & Barbuda became a very attractive place for international investors politically and socially wise. The literacy rate is over 95%, reflecting a very skilled population.

All this come together with its reputation as one of the most secure countries in the Caribbean. Other conditions that have contributed to the development of a prestigious investment environment have been its modern telecommunications infrastructure, as well as the country’s access to preferential trade agreements with the United States, Canada, the European Union, the Caribbean Single Market, and the Economy and Organization of Eastern Caribbean States (OECS) economic union.

ABIA also provides support to the government investment agenda by providing readily available information critical for investor’s location decision-making.

In this regard, ABIA generates leads through its website presence, as well social media, and an online guide to investing in Antigua & Barbuda.

Due to the relevance that ABIA gives to SMEs, several training courses are offered. These courses, delivered under the rubric “Mind Your Business” aim to provide small business owners with the necessary tools to enhance the operational efficiencies of their businesses.

www.ebizguides.com

Antigua offers many real estate investment opportunities with sea view.

In addition to its investment promotion activities, several other initiatives have been undertaken by the ABIA to boost economic activity. One of the more successful undertakings in this regard is the Construct Antigua & Barbuda Initiative (CAB-I). This program provides benefits to homeowners inclusive of: ■ Waiver of sales tax on all building materials and fixtures to be consumed in the home construction ■ Supplier’s discounts on purchases by at least 15% ■ Reduced rates for banks, insurance companies, and other professional services This initiative has been very successful and has provided a boost to the construction industry and contributed to national economic growth.

The ABIA also played a pivotal role in the development of the Citizenship by Investment Program (CIP). In 2011, the government indicated an interest in developing an Economic Citizenship Program and involved the ABIA in the conduct of the necessary research and feasibility study. The conditions to be eligible for the program are:

111

Investment & Legal Framework ■ Minimum of US$ 400,000 investment in Real Estate ■ An individual investment in an approved business of at least US$ 1,500,000 on their behalf, or ■ A joint investment in such an approved business of at least US$ 5,000,000, where each of the parties individually proposes to contribute at least US$ 400,000 to the joint investment Based on provisions of the CIP Act, the ABIA is required to be consulted in the application process for two investment options, real estate, and business.

The ABIA is also involved in the process of facilitating investors’ requests for incentives and concessions to assist in project development. These incentives and concessions include but are not limited to: ■ Exemption from corporate tax for qualifying enterprises for up to 25 years ■ Exemption from import duties on capital items to be used in the project “We encourage those investors who are seeking investment opportunities with the potential to generate a good return on their investment based on the generous incentives on offer to make Antigua & Barbuda their ideal location.”

Mr. Henderson Fields Executive Director

Cort & Cort Ms. Sharon Cort-Thibou Partner Fitzgerald House, 44 Church Street, P.O. Box 2010 St. John’s, Antigua Tel: (+1 268) 462 5232/33 / (+1 268) 562 1530 Fax: (+1 268) 462 5234 cortast@candw.ag legal@cortandcort.com Activity of the company: Legal Services Date of creation: 1991 “Servitium per excellentiam.”

Established in 1991 by Dr. L. Errol Cort, Ph.D., Cort & Cort is a leading law firm in Antigua & Barbuda that offers a professional and personal approach to its clients and businesses.

112

Cort & Cort has steadily expanded offering not only general, civil, and commercial legal services but a comprehensive portfolio of practice areas. Through its affiliated companies and strategic partners, Fitzgerald Management & Trust Services Inc, Majestic Realty (Caribbean) Ltd and Turnkey (Antigua) Ltd, they offer a multi-disciplinary range of services that include: ■ International Business Incorporations and Corporate Management ■ Bank Formation ■ Trademark and Patent Registration ■ Trust Formation ■ Asset Management ■ Escrow Services ■ Ship & Yacht Registration ■ Citizenship and Immigration Services ■ Real Estate & Lifestyle Management Services With a team of highly qualified attorneys and professionals with over 100 cumulative years of professional experience in corporate & commercial law, banking, and finance, regulatory and financial services and citizenship services, Cort & Cort is a trusted choice among leading law firms in Antigua.

Commercial and Corporate law is their key areas of practice, providing services in relation to all business aspects, from company formation to intellectual property, and advise clients on a wide range of civil matters, from personal disputes to immigration and all civil matters in between.

They also provide an efficient approach for the registration of shipping vessels, bareboat or yachts under the legal and regulatory requirements of the jurisdiction; As well as personal and corporate management services tailored to meet the needs of domestic and international clientele.

Moreover, they assist clients through all stages of the application process of the Citizenship by Investment Program through their Licensed Agent, Sharon Cort-Thibou.

In a global marketplace, it is vital to protect ones Intellectual Property. At Cort & Cort, their qualified attorneys provide sound advice on matters relating to Trademarks, Patents, and Copyrights. Clients can be assured that the advice given is client-focused and formulated to underpin their commercial goals.

www.ebizguides.com

Investment & Legal Framework

www.ebizguides.com

113

Investment & Legal Framework Fitzgerald Management & Trust Services Ms. Sharon Cort-Thibou Fitzgerald House. #44 Church Street, 2nd Floor St. John’s, Antigua Tel: (+1 268) 462 5232 legal@cortandcort.com

Activity of the company: Management and Trust Services

Thomas John & Co. Mr. Arthur G.B. Thomas Partner Sir Sydney Walling Highway St. John’s, Antigua Tel: (+1 268) 460 5860 thomasa@candw.ag www.thomasjohn.com

Activity of the company: Legal Services Date of creation: 1997 Established in 1997 with Arthur G. B Thomas as founding partner; Thomas John & Co is a full-service law firm specialized in the areas of company incorporation and administration, the establishing and licensing of banks, trust and insurance companies, inbound foreign investment, real estate development and conveyancing. It has fast become one of the leading firms in Antigua & Barbuda.

Fitzgerald Management & Trust Services Inc. is licensed to provide corporate management and trust services. It is incorporated under the laws of Antigua & Barbuda, as well as supervised by the Antigua & Barbuda Financial Services Regulatory Commission. Its goal is to build a client portfolio through service excellence.

It provides corporate services to support the international financial services sector, which includes the incorporation of international businesses corporations, banks, insurance companies, trusts and corporate management, asset management and trust services.

With the growing complexity of the global market and the multi-jurisdictional services required by clientele, they provide individual and corporate management services such as business advisory services, corporate structure solutions, wealth management, and fund administration services tailored to meet the needs of their international clientele.

Their administration services include directorship and secretarial services, as well as general administration.

Their corporate services include corporate management and administration of Special Purpose Vehicles (SPV’s), Investment Structures for mergers, acquisitions, and structured financing arrangements.

114

It has developed a strong international outlook as Antigua & Barbuda continues to grow as an important offshore and investment center; while continuing to meet the needs of local clients with the provision of a wide range of other legal services.

Being a leading real estate transaction firm, it has dealt with many major real estate projects on the island. It is also partner to Stewart Title International, which enables it to expand the nature and type of services that it can offer to international clients.

Additionally, the firm represents leading financial institutions in the island and has the expertise to deal with major financial dealings and finance structuring.

Mission Statement “We are committed to providing a broad array of corporate and legal services specialized to our local, regional, and international clients; through premium teamwork, customer care, and the utilization of technological advances.”

The firm is well appointed in St. John’s, the capital city of Antigua. It is located in the main commercial area of the city, immediately adjacent to the High Court of Justice.

www.ebizguides.com

Investment & Legal Framework

www.ebizguides.com

115

eBiz Africa Review, the premier multilingual magazine portraying a new Africa from a positive point of view.

ebizafricareview

ebizafricarev

www.ebizafricareview.com

Bureh beach (Sierra Leone), a hotspot for surfing in West Africa.

Photo: Alejandro Dorado Nรกjera

#POSITIVEAFRICA

FINANCE

www.ebizguides.com

119

Finance

OVERVIEW Antigua & Barbuda’s international financial sector began with the enactment of the International Business Corporations Act (IBC) in 1982. After seeing this industry grow significantly over the next eight years, the government was encouraged to set as an objective to position the country as a premier international financial center.

Subsequently, the IBC act had a series of major amendments, culminating in the creation of the Financial Services Regulatory Commission (FSRC) in 2002.

community remains untarnished, which is why it has implemented several policies and safeguards to ensure the proper regulation of the offshore banking industry in an effort to prevent illegal financial activities such as money laundering.

This has allowed Antigua & Barbuda to be ranked 98th out of 183 countries for getting credit by the World Bank Ease of Doing Business Index in 2011, and 29th in protecting its investors. By 2016, it was ranked 113 out of 190 in the Doing Business Index.

The Money-Laundering Prevention Act of 2003 and its subsequent amendments, as well as the Financial Services Regulatory Commission Act No.5 of 2013 were also part of their repositioning strategy.

The country is also a member of the Eastern Caribbean Currency Union (ECCU), which aims to maintain the stability of the Eastern Caribbean dollar issued by the Eastern Caribbean Central Bank (ECCB), manage monetary policy and the exchange system for its eight member countries (Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, and Anguilla), as well as facilitate their balanced growth and development.

Indeed, one of the main objectives of Antigua & Barbuda’s government is to ensure that the country’s reputation within the international financial services

Typically, central banks ensure the safeguard of the value of their currency through the conduct of monetary policy aimed at maintaining price stability. Given

This amendment allowed Antigua & Barbuda to be placed in line with the current international trends and helped consolidate the regulation and supervision of financial services under a single regulatory body.

120

www.ebizguides.com

Finance the small size and openness of the member countries, the bank has sought to pursue this objective through a fixed exchange rate with the US dollar at EC$ 2.70 to US$ 1.00, that has been effective since July 1976 and has served the union by delivering a stable environment for investment, growth and low inflation.

Interest rates in the union are set at the discretion of the commercial banks, but the ECCB regulates the minimum rate payable on savings deposits.

As of today, the financial sector in Antigua & Barbuda is extremely well-developed, and offers a variety of services in international banking, trusts, and insurance, in addition to the incorporation of International Business Corporations (IBC). Both depositors and borrowers have access to a diversified range of financial services. Thanks to the cooperative credit unions and the banking sector, a high proportion of the population has access to formal financial services.

Banking Sector Antigua & Barbuda’s banking sector is the second largest in the Eastern Caribbean region, accounting for one fifth of the region’s deposits, assets, and loans. The sector is made up of domestic and inter-

national banks, whose headquarters are mainly in Canada and the Caribbean.

Nearly 20 commercial banks compete in Antigua & Barbuda, including eight offshore banks. Among the domestic banks, we can site the Antigua & Barbuda Investment Bank, Antigua Commercial Bank, Caribbean Union Bank, and Eastern Caribbean Amalgamated Bank.

The Financial Services Regulatory Commission plays a critical role in the oversight of the banking sector. Through the implementation of various regulations and guidelines, and the adoption of international best practices and standards, the commission has ensured the safety and soundness of licensed financial institutions.

For example, the commission played a pivotal role in ensuring the implementation of the Basel II reporting framework in 2016, that placed the jurisdiction of Antigua & Barbuda among the firsts financial centers within the Eastern Caribbean Currency Union to have fully implemented it, enabling the jurisdiction to remain on-par with that of the major international financial sectors.

Another notable reform initiative was the implementation of a risk based supervisory methodology and

Heritage Quay, the business and commercial hub of St. John’s.

www.ebizguides.com

121

Finance

Antigua & Barbuda’s banking sector is the second largest in the Eastern Caribbean region.

the implementation of a stand-alone piece of legislation to regulate and supervise the sector, in which the International Banking Unit played a primary role within the commission.

This supervisory framework facilitates the commission’s proactive and dynamic assessment of licensed financial institutions by enabling it to identify and respond to new and emerging risks through the integration of various perspectives in the assessment of each licensed financial institution. This approach remains consistent with the international recommended framework.

In order to provide a balance between risk, returns, and regulatory requirements, licensees can maintain capital and liquidity levels compliant with the norms.

In the case of offshore banks, a main statutory requirement is that they must maintain a minimum capital of US$ 5 million. Of this amount, US$ 1.5 million must be deposited and kept in a licensed bank in Antigua & Barbuda to ensure a proper balance in their portfolios.

This approach has been proven effective to militate against counterparty, market and liquidity risks. Furthermore, the law prohibits the unauthorized disclosure of certain information relating to the bank’s operations to ensure customer confidentiality.

If one wishes to apply for a bank license, at least one of the directors of the offshore bank must be a citizen and resident of Antigua & Barbuda, and pertinent

122

biographical information on each director, shareholder, and officer of the bank must be submitted.

In 1971, the Antigua & Barbuda Development Bank (ABDB) was established as a statutory development finance institution and started operating in 1974, providing medium and long-term financing to the productive sectors, among other services. Over the years, it also started providing financing for mortgages, student loans, and small companies.

It is associated with the Leo S. Rowe Fund, which is an educational loan program of the Organization of the American States (OAS), dedicated to helping citizens from its member countries to finance their studies or research at accredited universities across the United States by awarding interest-free loans of up to US$ 15,000 for the last two years of studies.

Applicants have to make a direct application to the Rowe Fund and have their sponsor make an application to ABDB for a guarantee of the loan (which is interest-free in itself, but the ABDB charges a 3% guarantee fee).

Stock Exchange Antigua & Barbuda is open to portfolio investment and is a member of the Eastern Caribbean Securities Exchange (ESCE), a regional securities market established by the ECCB and licensed under the Securities Act of 2001. It is a uniform body of legisla-

www.ebizguides.com

Finance tion governing securities market activities to facilitate buying and selling financial products for the eight member countries.

By the year 2000, the islands had 93 online gambling licensees that were turning in around US$ 7 billion in revenue.

The ECSE’s listed securities include government bonds and financial institutions and utility companies partially owned by Eastern Caribbean governments.

However, a crackdown in online gambling from the US in the early nineties quickly decimated the industry. By 2002, without the ability to market to US citizens, the number of operators dropped to 38, and just one year later 80% of those licensees had left.

The Gaming Sector Antigua & Barbuda was the first country to license and regulate online gambling by passing the Free Trade and Processing Act, which allowed licenses to be granted to organizations applying to open online casinos, back when the industry was still in its infancy in 1994. To put that into perspective, the first ever real-money online casino bet wasn’t placed until 1996. The island nation became the world’s first online gambling jurisdiction and is credited for giving the initial park to the industry.

Initially, the Division of Gaming was the regulatory body under the Financial Services Regulatory Commission responsible for the oversight of all aspects of the offshore gaming industry in Antigua & Barbuda. Committed to ensuring that the country is regarded as a Tier 1 jurisdiction of choice, and its regulations and regulatory enforcements remain first rate, it focused on three main pillars: money laundering prevention, player protection, and industry enhancement.

The country then turned to the World Trade Organization (WTO), who determined that the General Agreement on Trade and Services (GATS) had been violated, and ruled in favor of the islands in both 2004 and 2007. To this day, however, the US refuses to acknowledge its debt towards Antigua & Barbuda.

Today, major gambling institutions such as Casino del Rio, Casino Tropez, Millionaire Casino, and VIP Slots Casino, as well as business processing outsourcers (BPO’s) operate in Antigua & Barbuda. This can be attributed to the country’s friendly business environment, well-educated human resources, competitive tax regime, advanced telecommunications infrastructure and the robust regulatory enforcement framework.

These provide both licensees and associated services the necessary tools to establish policies, procedures, and operations that promote and develop their companies, as well as helping enhance the industry as a whole.

Antigua & Barbuda was the first country to license and regulate online gambling.

www.ebizguides.com

123

Finance

An evening view of English Harbour.

Many of the companies that operate in Antigua & Barbuda are publicly traded on various stock exchanges, most notably the London Stock Exchange, since the island meets British regulatory standards and has recently been added to the UK’s “white list”, which allows licensed Antiguan companies to advertise in the UK, which highly benefits Antigua’s licensees, since it is a growing market for online gambling.

There are 296 Antiguan sites that offer gameplay in English and accept wagers in British Pound, East Caribbean Dollar, or US Dollars.

The sector’s development has continued with the introduction of a risk-based regulatory framework that allows the examination and assessment of each licensee based on the risk profile of the business.

This provides the regulator with the ability to provide a better oversight while minimizing costs and increasing effectiveness.

In addition, the sector’s further development requires constant changes and improvements in technology, infrastructure, and payment processes, to ensure that the service is provided in an environment that minimizes risk and the possibility of money laundering or financing of terrorism, as well as ensuring that the necessary social responsibility requirements are being met.

Indeed, the Gambling Act and amendments were

124

passed by the lower and upper houses of parliament in 2016, which mandates the establishment of a new Gambling Authority, encompassing all gambling activity within the country.

MAIN ENTITIES ABI Insurance Company Mr. Romeo Francis General Manager 156 Redcliffe Street, P.O. Box 2386, St. John’s, Antigua Tel: (+1 268) 484 6400 Fax: (+1 268) 562 8238 info@abiinsurancecoltd.com www.abiinsurancecoltd.com Activity of the company: Insurance company Date of creation: 1999 ABI Insurance Company Ltd is an insurance leader, committed to keep up with the ever-changing needs of its customers and anticipating their future needs. There is no stronger testament to its dedica-

www.ebizguides.com

Finance tion to protecting customers from loss than its continued innovation and ability to transform its industry.

ABI Insurance Company Ltd works hard at analyzing information in order to create the best combination of products and services. It works equally hard at customer service as it does at business. It has strived to earn customer’s loyalty through continually improving the response to their needs.

Since it was established in 1999, ABI Insurance Company Ltd has been working tirelessly at minimizing risk, preventing loss and helping its customers prepare for the unknown. Supported by five of the largest re-insurers in the industry, including Hannover Re, QBE International, Allianz, AMLIN, Everest and some of the leading Lloyds syndicates, its company’s products, services, and support give individuals and businesses the security they need.

ABI Insurance Company Ltd is committed to providing insurance solutions to the local and regional markets in a competitive, efficient and ethical manner for the benefit of all.

Its vision is to be the premier insurance provider in the region; delivering innovative solutions to ensure wealth protection and security for all.

www.ebizguides.com

ANJO INSURANCES Mr. John R. Hall General Manager Anjo Insurances, Woods Centre, P.O. Box 104, St. John’s, Antigua Tel: (+1 268) 480 3050 Fax: (+1 268) 480 3064 anjo_ins@candw.ag www.anjoinsure.com

Activity: Insurance Date of creation: 1928

The company was formed in 1928 when Mr. Francis Anjo acknowledged the fact that islands were continuously plagued by hurricanes and earthquakes; so for a business to progress and for the island to develop, it was necessary to provide an insurance service to the business community and residents.

125

Finance tomers with efficient and reliable insurance services.

Anjo Insurances participates in programs to provide assistance and community work to those in need.

“There is a policy performing through which you can see the individual going back on their feet, having their home repaired. There might be a situation where there is a fire, or the house is badly damage, and they can’t live in the house; the policy provides alternative accommodation while the house is being repaired”.

Mr. John R. Hall General Manager

ANTIGUA COMMERCIAL BANK (ACB) It is also the only insurance agency in Antigua & Barbuda with three branches, located in the Woods Centre, Jolly Harbour Commercial Centre and the Hawkins Building on Falmouth Main Road. Operating in 19 territories of the Caribbean, including the Massy group head office located in Barbados, the name of the company is very well known throughout the region.

The company focuses on reliability and service excellence, currently employing 65 people, while offering a full range of 22 types of general and long-term insurance products: ■ Motor Vehicle Insurance ■ Yacht & Pleasure Craft Insurance ■ Homeowner’s Insurance ■ All Risks Insurance ■ Golfer’s Insurance ■ Travel Insurance ■ Goods in Transit (Marine Transit) ■ Burglary Insurance ■ Employer’s Liability Insurance ■ Workmen’s Compensation Insurance ■ Contract Works Insurance ■ Machinery & Equipment Insurance The mission of the company is to provide its cus-

126

Ms. Barbara Hume Bank Manager Thames and St. Mary’s Streets, St. John’s, Antigua Tel: (+1 268) 481 4200/1/2/3 Fax: (+1 268) 481 4229 acb@acbonline.com www.acbonline.com Activity: Consulting Date of creation: 1955 Antigua Commercial Bank (ACB) was established in 1955, with a share capital of EC$ 100,000. It is the first indigenous bank and public company in the country, and it is well known for its role in assisting local entrepreneurs and small business owners.

Its subsidiary, ACB Mortgage and Trust Company Ltd., is the largest indigenous provider of mortgage financing on the island, and ACB aims “to be the leading financial services provider by exceeding our stakeholders’ expectations through exemplary service, innovative products and adapting to an everchanging environment.”

The Bank operates three branches and one agency and has 10 Automated Teller Machines, including a multi-currency ATM at the new terminal of the VC Bird International Airport. ACB has a staff of 110, and is one of the largest indigenous commercial banks in Antigua & Barbuda, with an audited asset base of US$ 373 million as of September 30, 2014.

ACB provides general, personal and corporate banking services, as well as mortgages and trust

www.ebizguides.com

Finance services. It offers sale and purchase of foreign currency, wire transfer, certification of balance, international debit cards, online banking services, ATM services, among others.

Axcel Finance Mr. Samuel Rosenberg Founder and President Corner of Redcliffe & Temple Streets, P.O. Box 2620, St. John’s. Antigua Tel: (+1 268) 562 8222 antigua@axcelfinance.com www.axcelfinance.com Activity of the company: Consulting Date of creation: 2011 Established in 2011 by finance professionals experienced in the Caribbean market, AXCEL Finance Ltd. is an innovative financing organization that provides quick micro-loans to employed individuals and small businesses, with no hassle loans.

AXCEL proudly supports the economic growth and development of the local community and seeks to invest in the economic development and social mobility of the areas in which clients live and work.

They introduce cutting edge and secure financial solutions to serve the customers in the Caribbean while remaining committed to acting responsibly towards their clients and the communities they operate in.

BRYSONS INSURANCE Ms. Marjorie Parchment Chartered Insurance Practitioner GEO. W. Bennet Bryson & Co. Ltd. P.O. Box 162, Friars Hill Road St. Johns, Antigua Tel: (+1 268) 480 1200 Fax: (+1 268) 462 0320 office@brysonsinsurance.com www.brysonsantigua.com

Activity: Insurance Date of creation:1835 Brysons Insurance Agency is a household name in Antigua & Barbuda. Established in 1835, it offers a wide range of insurance and shipping services. The company is also the Lloyds agent for Antigua and Montserrat since 1876, providing surveys on dam-

Antigua’s Commercial Bank’s headquarters in St. John’s.

www.ebizguides.com

127

Finance aged hull and cargo as well as pre-shipment and discharge surveys.

Brysons is recognized as one of the leading insurance and risk management companies in Antigua & Barbuda. Through its team of highly qualified and experienced staff, they are able to satisfy all insurance requirements. Bryson’s Insurance Agency has been appointed to provide insurance coverage for some of the island’s major commercial entities.

Moreover, they have provided contractors all-risk coverage and Airport Contractors Liability coverage for US$ 500m to enable the resurfacing of the runway and the construction of the parallel taxiway at the V.C Bird International Airport. The company also provided insurance coverage including performance bonds for the All Saints to English Harbor Road Construction & Rehabilitation Project and the construction of Jolly Harbor Villas.

Brysons Insurance Agency offers coverage on all classes of insurance through its principal insurance carrier NAGICO, and through a network of insurance providers in the UK and USA. The company holds an excellent record in claims settlement and service and was the only company to open one day after the passage of the disastrous hurricanes in 1995 and 1998.

CARIBBEAN ALLIANCE INSURANCE COMPANY Mr. Ernest Letby CEO Newgate St, St. John’s, Antigua Tel: (+1 268) 484 2900 Fax: (+1 268) 481 2950 enquiries@caribbeanalliance.com www.caribbeanalliance.com

business for over one hundred years. They currently have representatives in 15 territories across the Caribbean: Anguilla, Antigua & Barbuda, Barbados, Cayman Islands, Dominica, Grenada, Montserrat, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Vincent & The Grenadines, the Bahamas, the British Virgin Islands, Turks & Caicos.

A. M. Best Company, the independent rating agency based in the United States, has rated Caribbean Alliance Insurance Co. Ltd., as A (Excellent) Stable; which makes it the only general insurance company in the eastern Caribbean with this rating. Their distinguished rating is attributed to its growing market presence in the eastern Caribbean, regional expertise and their commitment to sound underwriting principles.

Customer service is their strength, and with experienced staff based in Antigua as well as in other agencies, they are able to provide expert knowledge, therefore offering the best professional service.

Quality customer service is proven, above all else, when customers suffer a loss and the company is there to help them recover speedily with minimum inconvenience. This service has been proven to have settled more than 7,500 catastrophe claims for hurricanes and volcanic eruptions at a total cost in excess of EC$ 700 million.

CARIBBEAN UNION BANK Mrs. Karen Harris-Quinland General Manager Friar’s Hill Road, P.O. Box W2010 St. John’s, Antigua Tel: (+1 268) 481 8278 Fax. (+1 268) 481 8290 customerservice@cub.ag www.caribbeanunionbank.com

Activity: Insurance Date of creation: 1988 Caribbean Alliance Insurance Company Limited is the largest general insurance company in Antigua and the only regional insurance company covering the eastern Caribbean with its head office based in St. John’s, Antigua.

As an entity, the company was formed in 1988 from an amalgamation of insurance agencies in Anguilla, St. Kitts, Montserrat, St Lucia, Barbados, St Vincent, Grenada, and Antigua. They have a long history in the region as some of the agencies have been in

128

Activity: Banking Date of creation: 2005 The Caribbean Union Bank (CUB) is an indigenous commercial bank, focusing first and foremost on the delivery of excellent banking and financial services and the creation and maintenance of wealth for all Antiguans and Barbudans. The board of directors

www.ebizguides.com

Finance

www.ebizguides.com

129

Finance and the management of CUB have committed to transforming the bank into a customer centric institution by moving away from the traditional model of banking to an “Engagement Banking “ model.

This Engagement Banking philosophy has three components: ■ First, making the entire customer experience an engagement affair, from the digital or physical onboarding of customers, the education about new products and services, to self-service banking and reporting.

■ Second, customizing information to suit each customer and providing better advice through digital channels.

■ Third, engaging customers by giving them more control over digitalized self-service tools, personalization and reporting.

Engagement Banking embraces the use of cuttingedge technology to deliver a wide range of banking and related services. Its key strength is employing state-of-the-art technology, accompanied by a strong management team, highly knowledgeable and skilled employees, commitment to service excellence, and efficient and effective application of the relationship management concept.

A significant milestone in the journey of CUB has been the investment by the government of Antigua & Barbuda into the indigenous bank. This investment has resulted in a strategic partnership between the government and CUB and has provided the impetus for its capitalization and growth expansion. The government’s decision to invest US$ 30 million in CUB would not only strengthen the financial landscape of the country but would provide the government with a strategic partner in its mandate to significantly increasing the “ease of doing business” in Antigua & Barbuda through a cadre of digital initiatives. CUB is well poised to assist the government in achieving these objectives. Its commitment to CUB is a testimony to the continued active role it has played in preserving the financial stability of the economy.

CUB is therefore on the path to keep innovating and stays true to this concept by expanding products lines and services. The continuous improvement of its processes is carried out by a staff of professionals whose passion for excellence allows them to consistently exceed the expectations of customers. In simple terms, the bank provides a variety of services and products to attract potential investors and new businesses. The CUB team understands

130

how customer’s loyalty and retention is affected by the right mix of superior digital experiences and personal interaction. CUB offers online banking, loans, automated teller machines (ATM), branches, junior saver, safe deposit box, corporate safe deposit box, night deposit, transfer, and self-service. Products include e-statement, merchant services, card services, junior saver, current account, savings account, and fixed deposit.

As such it lives up to its motto: “Banking...the Better Way!”

CIBC FIRST CARIBBEAN INTERNATIONAL BANK Mr. Glenford Smith Country Manager Old Parham Road, P.O. Box 28, St. John’s, Antigua Tel: (+1 268) 484 5114 Fax: (+1 268) 480 5140 care@cibcfcib.com https://www.cibc.com/fcib/about-us/locations/ antigua.html Activity: Consulting Date of creation: 1836 CIBC First Caribbean International Bank offers a full range of market-leading financial services in corporate banking, retail banking, wealth management, credit cards, treasury sales and trading, and investment banking. It is the largest bank in the English and Dutch speaking Caribbean and has over 2,700 staffers, 59 branches, 22 banking centers, and seven offices in 17 regional markets.

CIBC First Caribbean strives to play a key role in the growth and development of the Caribbean. Indeed, as a part of its corporate social agenda, the bank contributes to hundreds of organizations at local, national, and regional levels, and is committed to partnering with communities in the 17 countries in which it operates; dedicating 1% of its profits to these partnerships each year.

CIBC First Caribbean operates two branches and nine instant tellers in Antigua. For the customer’s convenience, three of these instant tellers are located at different commercial businesses, and one is available outside of our Old Parham Road location as a drive-thru facility.

www.ebizguides.com

Finance ECAB’s new headquarters located at the exit of the international airport.

ity to effectively and efficiently manage customer relationships with individual and corporate banking clients.

EACB is owned by a consortium of regional institutions and is an extraordinary symbol of the strength and determination of the Caribbean people. The operations of the bank have been built on the pillars of customer intimacy and excellent service. These pillars aim at distinguishing ECAB as the bank of choice and financial partner for life.

ECAB benefits from its huge network and its numerous shareholders, such as the government of Antigua & Barbuda, Antigua Commercial Bank, Eastern Caribbean Financial Holding Company Limited, National Bank of Dominica, St. Kitts Nevis Anguilla National Bank, Bank of St. Vincent and the Grenadines.

EASTERN CARIBBEAN AMALGAMATED BANK (ECAB) Mr. Michael Spencer General Manager 1000 Airport Boulevard, P.O. Box 315, St. John’s, Antigua Tel : (+1 268) 480 5300 Fax : (+1 268) 480 5433 info@ecabank.com www.ecabank.com

FINANCIAL SERVICES REGULATORY COMMISSION (FSRC) Mrs. Brenda Sheppard Chief Executive Officer Royal Palm Place, Friar’s Hill Road, P.O. Box 2674, St. John’s, Antigua Tel: (+1 268) 481 1179 Fax: (+1 268) 481 1176 brenda.sheppard@fsrc.gov.ag www.fsrc.gov.ag

Activity: Finance Date of creation: 2009 Established in 2009, the Eastern Caribbean Amalgamated Bank Limited (ECAB) is a full service commercial bank located in Antigua & Barbuda offering banking products and services to individual and business clients within Antigua & Barbuda.

ECAB provides service to a broad-based clientele from four convenient branches, strategically located throughout the island. With the largest network of branches operated in the island, its headquarters are located in Coolidge, near the airport, and other branches are located on Redcliffe Street in St. John’s, Woods Centre on Friars Hill Road and Nelson’s Dockyard in English Harbor.

EACB business model is continually reinforced through staff training and development to ensure the delivery of superior customer service and the abil-

www.ebizguides.com

Activity: Financial jurisdiction Date of creation: 2013

The policy proposition of the Financial Services Regulatory Commission is to make Antigua & Barbuda the financial center model in the region by ensuring that the legislative and regulatory framework governing the financial and non-financial sectors support transparency and fair competition.

The Commission supports this objective by ensuring the integrity of the sectors under its purview and that legal entities conduct their business in a prudent manner in accordance with industry standards, best practices, and the law. Their focus is to ensure the most appropriate set of legislation, and that regulations are as advanced as possible and in compliance with international standards.

131

Finance In 2013 the government created the Financial Services Regulatory Commission (“the Commission”) via a stand-alone legislation referred to as The Financial Services Regulatory Commission Act No. 5 of 2013.

The legal mandate of the Commission is to regulate and supervise international business corporations incorporated and licensed under 1982 (“IBCA”). The Commission also regulates and licenses the domestic non-banks financial services sector which includes insurance companies, co-operative societies; money services businesses; corporate management and trust services providers; international insurance, foundations, trust and limited liability entities and international gaming and wagering.

The role of the Commission is to ensure that at all times – no matter what our government is pursuing in terms of policies - we provide the appropriate advice and guidance in terms of what the legislative framework ought to be and ensuring that framework aligns with international standards.

frameworks impacting the sectors under its purview and collaborates with various supervisory authorities with the implementation. At least once a year the Commission meets with the various sectors of the financial services industry to update stakeholders on current events.

For years, Antigua & Barbuda, along with other offshore centers, has been plagued by the myth of being a tax haven. The Commission has played a role in helping dispel that myth by enacting the new International Banking Act of 2016, which levies a moderate tax against profits bringing it in line with other international businesses such as Internet Gaming.

Mrs. Brenda Shepperd Chief Executive Officer

“The Commission has changed over the past year, with a streamlining of operations and changes in all levels of management. We realized we needed to upgrade ourselves and our systems, particularly in the way we provide regulation to the various sectors under our purview.”

In addition to its primary role, the Commission advises the government on the most appropriate policy direction in regards to the various international

Mrs. Brenda Shepperd Chief Executive Officer

132

www.ebizguides.com

Paradise view from Sugar Ridge Resort’s villas.

Finance

GLOBAL BANK OF COMMERCE (GBC) Mr. Brian Stuart-Young Chairman of the Board & Chief Executive Officer Global Financial Centre, Friar’s Hill Road, P.O. Box W1803, St. John’s, Antigua Tel: (+1 268) 480 2240 Fax: (+1 268) 462 1831 customer.service@gbc.ag www.globalbank.ag Activity: Banking Date of creation:1983

www.ebizguides.com

The Global Bank of Commerce Ltd. (GBC) started its operations in 1983 offering attractive financial products to its regional and international customers. It is known as the grandfather of the international financial services operated in the jurisdiction’s financial center in the Caribbean. Since its establishment, the bank has maintained a solid capital base and undergone annual third-party financial audits and AML/

133

Finance

134

www.ebizguides.com

Finance

www.ebizguides.com

135

Finance ATF audits. GBC is also a member of the Caribbean Association of Banks and has professional relationships with other 30 Caribbean banks and credit unions.

As a mark of growing public confidence, they have assisted the government to achieve its first major purchase in Antigua, which was the acquisition of West Indies Oil Company. Encouraged by their assistance, the government gained 100% control and consequently, got other investors in.

For the past 34 years, the bank earned a solid reputation as one to trust and to grow with, becoming the leader in innovation for the making and capturing of payment transactions.

A key distinguishing feature is a first-class Internet Banking Platform, including SugaPay, a revolutionary payment system designed to work in remote; keeping your currency at home; saving on benefits and developing the filter of your region providing payment architecture for the delivery and capture of payment. This new payment system is well supported by the government who has recently taken the majority shareholding of Caribbean Unions bank, affiliated of GBC. «I hope Sugapay will become the switch that connects all the different banks in the Easter Caribbean» Mr. Brian Stuart-Young Chairman of the Board & Chief Executive Officer The location of Global Bank of Commerce is very strategic. Antigua & Barbuda’s stability of services is expanding by taking further steps in the creation of new direct travel routes. With an airport prepared to receive 777 flights, the country will attract investors from several countries such as China, their closest ally in providing support, infrastructure and tourism; and other countries such as India, Pakistan or Bangladesh.

Since 1983, great strides have been made in diplomatic relations with China, among other things, by establishing the first bank of the Caribbean as a principal member of China Union Pay, by enabling a Full Electronic Financial Transaction Processes Center—he Global Processes Center—and it processes for Visa, MasterCard and Union pay, as well as the by establishing a direct connectivity into Shanghai for clearances.

SugaPay is also being launched in Trinidad, with the credit union there, and GBC is establishing processes center in several places, such as Canada, Haiti, among others.

136

In addition, Global Bank of Commerce is in discussion with the National Bank of Dubai to offer accounts in the Dirhams which, like the Easter Caribbean dollar, is fixed to the US, making it a very stable currency.

Its clients, based across Latin America, Europe, and Asia, are provided with attractive interest-bearing accounts for fixed deposits in multiple currencies; private banking services; corporate and trust services; pension and fund management; and credit and debit cards. GBC is also committed to providing appropriate technology that offers the security and comfort to do banking with the fingertips and a full e-commerce processing service of card and EFT services. Furthermore, it offers a corporate and trust services and wealth management services including succession planning, trusts, and IBCs.

GRANT THORNTON Mr. Charles Walwyn Managing Partner 11 Old Parham Road St. John’s, Antigua Tel: (+1 268) 462 3000 Fax: (+1 268) 462 3465 gtinfo@ag.gt.com www.grantthornton.ag Activity: Consulting Date of creation: 2013 Grant Thornton is one of the world’s leading organizations of independent assurance, tax, and advisory firms. The firm helps dynamic organizations to increase their potential for growth through meaningful advice.

Teams led by partners in the firm use their experience and insight to decipher complex issues for privately owned, publicly-listed and public sector clients and help them find solutions.

The company’s office in Antigua is ideally located on Old Parham Road, just outside the capital city of St. John’s. They serve clients that are active in different industries, such as hospitality, financial services, utilities, and retail. The company pride itself in being the firm of choice for persons looking to invest into Antigua.

The key element of its success its deep local knowl-

www.ebizguides.com

Finance

Nelson’s Dockyard became a UNESCO World Heritage Site in 2016.

edge and the quality of its staff. Their professionals have significant expertise in each of their chosen fields and industries.

Grant Thornton is a member firm of Grant Thornton International Ltd (Grant Thornton International), one of the world’s leading organizations of independent assurance, tax, and advisory firms.

Sagicor Life Eastern Caribbean Mr. D. Trevor Vigo Chief Operating Officer and Vice President Sales and Marketing Sagicor Financial Centre, No. 9 Sir Sydney Walling Highway, St. John’s, Antigua Tel: (+1 268) 480 5500 Fax: (+1 268) 480 5505 trevor_vigo@sagicor.com www.sagicorlife.com Activity of the company: Insurance, Financial Products, and Estate Planning Date of creation: 1840

www.ebizguides.com

Sagicor Life has been serving in the Caribbean since the 1840s. Today, they operate in 22 countries in the Caribbean, the US, and Latin America, providing insurance, finance, and banking services.

The company lives to serve its customers, and help them through every situation. It’s that dedication, passion, and care that makes them the company they are today. “Whatever your needs, whatever you’re going through, trust us: We’ve been there.”

Mission: To be a great company, committed to improving the lives of the people in the communities in which the company operates.

Sagicor offers life, health, and pension products to individuals and companies, as well as mortgages.

Through a subsidiary in a few countries, they provide home, motor, and travel insurance.

The company is synonymous with world-class financial service in the Caribbean and offers to the customer reliability, professional and personalized services along with insurance experience. They also have a reputation that is built on financial strength and stability. This has been shown in favorable ratings from international rating agencies such as Standard & Poor’s, Moody’s and A.M. Best Company, Inc.

137

The main insurance companies in Antigua & Barbuda offer pleasure craft insurance.

Finance

SCOTIABANK Mr. Gordon Julien Country Manager Thames and St. Mary’s Streets, P.O. Box 342, St. John’s, Antigua Tel: (+1 268) 480 1500 Fax : (+1 268) 480 1554 acb@acbonline.com bns.antigua@scotiabank.com Activity: Finance Date of creation: 1961 Scotiabank is Canada’s international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. It is dedicated to helping over 23 million customers through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

Scotiabank trades on the Toronto and New York stock exchanges. With a team of more than 88,000 employees and assets of US$ 896 billion (as of October 31, 2016).

Scotiabank has been operating in Antigua for more than 50 years. Today they operate two branches across the country and offer a complete range of retail and commercial banking services - including online banking and offshore banking services.

With both branches strategically placed within the

138

city, Scotiabank continues to offer a complete range of retail and commercial banking, including electronic cash management. The bank now has 75 employees and eight ATMs in Antigua. Moreover, they are a strong supporter of various community initiatives and charitable contributions range from sports programs and education to arts and culture.

SOCIAL SECURITY BOARD Mr. David Matthias Director Long Street, P.O. Box 1125, St. John’s, Antigua Tel.: (+1 268) 736 3000/1/2/3 Fax: (+1 268) 481 3090 socsec@socialsecurity.gov.ag www.socialsecurity.gov.ag

Activity: Social Security Date of establishment: 11th July 1972 The mission of the Board is “to efficiently provide Social Security services through the sustained efforts of strong leadership, robust compliance, a highly motivated and knowledgeable staff and the prudent investment of the Social Security Funds”.

www.ebizguides.com

Finance

Antigua and Barbuda

Social Security Board

More than four decades growing to provide for you Benefits Offered: • Sickness • Maternity • Funeral • Invalidity • Survivors • Age

www.ebizguides.com

Antigua and Barbuda Social Security Board Long street, P.O. Box 1125 St. John’s, Antigua Phone: (268) 736-3000/1/2/3 Fax: (268) 481-3090 139 socsec@socialsecurity.gov.ag www.socialsecurity.gov.ag

Finance In 1965, the ruling Antigua Labour Party Government realized the need for more adequate provisions for the Nation’s indigent population and articulated in its five-year (1966 - 1970) Development Plan its intention to replace the existing Poor Relief System with a National Provident Fund. The Government, then passed the National Provident Fund Act. On 11th July 1972, the Social Security Act was passed; and operations commenced on April 2nd, 1973. This year the Social Security Board is celebrating its 44th anniversary.

The Social Security Act makes provision for the payment of long-term benefits – age benefits, survivors’ benefits, invalidity benefits – and short-term benefits including sickness benefit, maternity benefits, and funeral grants. A non-contributory old-age assistance pension is also provided.

As of 1st February 2017, the contribution rate increased to 12% for the private sector, 5% from employees and 7% from employers. As for the public sector, the contribution rate has increased to 11%, with 4% from employees and 7% from employers.

For the self-employed, the contribution rate is 10%.

The maximum contribution ceiling is EC$ 6,500.

The Antigua & Barbuda Social Security Board is committed to innovation and excellence and intends to incorporate a revolutionary payment system by 2018 in commemoration of its 45th year of service to the people of Antigua & Barbuda.

(ILO). One such convention is the Occupational Safety and Health Convention.

Understanding the importance of providing universal coverage for all workers, the International Labour Organization (ILO) is always seeking to enhance existing coverage for workers in its quest to fulfill its Decent Work Agenda. The country became the 17th ILO member state to ratify Maritime Labour Convention in 2006. The social security system works with the Office of the Prime Minister, in particular with the Antigua & Barbuda Department of Marine Services (ADOMS).

Antigua & Barbuda has one of the largest ship registries in the world, which assures that flagship workers are treated, based on the ILO convention on maritime labor, as citizens of Antigua & Barbuda.

This entails that, by right, those workers should be paying contributions to social security. This is viewed as an expansion of our contributor pool beyond the borders of Antigua & Barbuda.

“My main message to any investor is [that] there is an opportunity for investment in social protection in Antigua & Barbuda. We equally would wish to join with any investor that will look at anything such as renewables.”

Mr. David Matthias Director

Antigua & Barbuda is signatory to many of the conventions of the International Labour Organization STATE INSURANCE CORPORATION Mr. Barry Knight Chairman, General Manager & Secretary of the board Redcliffe Street , P.O. Box 290 St. John’s, Antigua Tel: (+1 268) 481 7800/1/2/3/4 Fax: (+1 268) 481 7860 info@sicantigua.com www.sicantigua.com

Activity: Insurance Date of creation: 1977 On their 40th anniversary, SIC is celebrating their inauguration back in 1997. Born as a Department of Government in the Ministry of Finance, the company

140

www.ebizguides.com

Finance

www.ebizguides.com

141

Finance was created to assist people in Antigua & Barbuda.

A few years later, in 1985, following the State Insurance Corporation Act, a constitution was established, and it acquired the status of State Insurance Corporation.

SIC is on a continuous mission to keep expanding their reach and distribution channels. Therefore, it is opening new satellite offices in the island and overseas. Their vision is simple; they consider the individual client first, providing outstanding and innovating services to their clients. For this reason, State Insurance Corporation is a provider of a wide variety of insurance services to clients in the state of Antigua & Barbuda. They provide all types of insurances by offering affordable plans of motor, property, liability, life and health insurances.

Considered to be the number one company in the indigenous market, their mission is to expand and become number one also in the overseas market.

In 1998, Mr. Smith, the chairman of the company, became the president of the association and for two consecutive terms served as Executive Director on the Board of CARICOM. Since its creation, SIC has implemented training to the members of their association with an array of courses, from general to specialized insurance programs.

“All our clients will continue to give us support, as well as the government and people of Antigua & Barbuda.” Mr. Knight Mr. Barry Knight Chairman, General Manager & Secretary of the board Operating as a private company State Insurance Corporation works with the support of the government locally and with reinsurers internationally. SIC prides itself on the support from other associations and their own internal insurance fund for protection in the event of any adverse situation. In addition, their insurance support is like any international insurance company.

“We have the support of the hotel association, and they can attest our professionalism, technical skills and the lack of governmental interference in our operations. The government, actually, expects us to set our plans by the board of directors.”

Mrs. Francis-Butler General Manager

142

State Insurance Corporation is financially strong and technically capable. It has attained high visibility not only as a result of the very impressive architectural and physical facilities but also due to their support to the island’s infrastructure. They also contribute to the economic development through education, sports, and culture, with projects of the value of over US$ 16 million.

TRIUM BANK & TRUST Ms. Maria Teresa Villanueva-Farrell Office Administrator Jasmine Court, Friar’s Hill Road, Suite 21B & 22 St. John’s, Antigua Tel: (+1 268) 562 6373 Fax: (+1 268) 562 6371 headoffice@triumbank.com www.triumbank.com

Activity: Finance Date of creation: 2006

Established in March 2006, Trium Bank & Trust is an independent, privately owned international bank and trust company that provides dynamic, first class banking services to its clients. Formerly known as Trium Bank Limited, it changed its name to Trium Bank & Trust Ltd. in 2011.

Trium Bank & Trust Ltd. provides a range of banking products and services to corporate and personal clients. It offers investment and private banking services, such as portfolio management, wealth management, structured finance, card services, personal and corporate loans, personal savings accounts, personal and corporate money market accounts, personal and corporate demand deposit accounts, certificates of deposits, internet banking services, and money transfers.

Trium Bank & Trust prides itself to benefit from several competitive advantages on the market: a consistent and personalized service, a transparent business model which prioritizes client needs, a competitive range of products and services, a team of highly skilled professionals and partners, and meticulous attention to strong internal controls.

www.ebizguides.com

Finance

www.ebizguides.com

143

ENERGY

ENERGY

HONORABLE SIR ROBIN YEARWOOD MINISTER OF UTILITIES, CIVIL AVIATION, AND TRANSPORTATION

This strategic endeavor is the driver of activities within the Ministry of Utilities, Civil Aviation, and Transportation which I provide oversight.

ANTIGUA PUBLIC UTILITIES AUTHORITY (APUA)

Foreword The Eastern Caribbean Central Bank reported that the economy of Antigua and Barbuda grew by a healthy 4.3% in 2016 far outpacing the International Monetary Fund report of the global economic growth of 3.1%. Antigua and Barbuda Human Development Index (HDI) value is 0.786 which puts the country in the high human development category positioning it at 62 out of 188 countries and territories. The vision of the Gaston Browne led ABLP Government is to transform Antigua and Barbuda into an economic powerhouse.

146

APUA is a statutory authority that is proudly Antiguan and Barbudan. Its Tagline “Necessary… for Life” symbolizes the role APUA plays in the development of the nation and its citizenry. I give oversight over APUA, the second largest employer in Antigua and Barbuda, second only to the Government. APUA is integral to the sustainability of our nation because it contributes approximately XCD $4 million per month to the local economy through the purchasing of goods and services from local businesses.

The APUA Electricity Business Unit has upgraded its 69Kv transmission ring which will ensure the flexibility in power transmission of energy from the generation site to our customers island wide. Like many island nations, Antigua and Barbuda is almost entirely reliant on imported fossil fuels, leaving it vulnerable to global oil price fluctuations that directly impact the cost of electricity.

To mitigate against the negative impact of a volatile global oil market the Government of Antigua and Barbuda has embarked on utilizing the abundant www.ebizguides.com

ENERGY

resource of renewable energy starting with solar and wind. A 3MW photovoltaic system has being installed at Carlisle, a 4MW photovoltaic system is being installed in Bethesda Village, and 250Kw system will be installed in Barbuda. Finally, two thousand (2,000) solar street lights will be installed in various communities across the country later in 2017.

Under my guidance, these and other future projects will reduce the carbon footprint of the nation by 30% by 2020 and will be mutually beneficial to investors and the nation through the reduction of energy costs and in turn increase Antigua and Barbuda’s overall investment profile.

With expectation of increased Foreign Direct Investment (FDI) through the Antigua and Barbuda Citizen by Investment Program (CIP) and other investment programs, there will not only be a need for increased energy production but the requirement for an increased supply of potable water.

To this end, the APUA Water Business Unit, in June 2017, assumed ownership and operation of a reverse osmosis plant which was formally owned and operated

by Sembcorp Water Antigua Ltd. In 2016 a 400,000 gallon per day capacity reverse osmosis water production plant was installed and commissioned at English Harbour, while by the third quarter of 2017 a 2 million gallon per day capacity reverse osmosis water production plant will be installed and commissioned for use at Barnacle Point. These plants coupled with

www.ebizguides.com

the other water production facilities within the nation will be capable of producing at least 8 million gallons per day of potable water thus providing much needed comfort for APUA’s customers as the nation continues to experience the harshness of a prolonged drought.

“APUA is integral to the sustainability of our nation because it contributes approximately XCD $4 million per month to the local economy.”

The APUA Telecommunications Business Unit relaunched APUA inet in December 2016 to offer Antigua’s best, fastest and most reliable Internet service. In the third quarter of 2017 APUA will be embarking upon a major upgrade to its mobile data services and making additional technological upgrades to assure greater ease of doing business through technology in Antigua and Barbuda.

Honorable Sir Robin Yearwood Minister of Utilities, Civil Aviation, and Transportation

147

Energy Photovoltaic panels at the VC Bird International Airport.

OVERVIEW Like many island states, Antigua & Barbuda relies heavily on imported fossil fuels to meet its energy needs. Indeed, its fuel import cost as a percentage of GDP is among the highest in the Caribbean and the world. In 2012, import costs accounted for 15.1% of the country’s GDP, while the Eastern Caribbean average was 8.6%.

With no production of primary energy, Antigua & Barbuda has to import 100% of its energy; which was a total of 5076 barrels of oil equivalent per day in 2012.

Consumption by sector is distributed between the transportation sector (49%), the commercial sector (26%), and the residential sector (23%). The industrial sector accounts for 2% of consumption.

Oil Import Costs as Share of GDP 30 Antigua & Barbuda

25

Eastern Caribbean Average

20 15 10 5

20 12 20 13 20 14 20 15 20 16 20 17 20 18

19 99 20 00 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11

0

SOURCE: IMF (2013).

Notes: Eastern Caribbean average includes Antigua & Barbuda, Dominica, Grenada, Saint Kitts and Nevis,Saint Lucia, and Saint Vincent and the Grenadines.

148

www.ebizguides.com

Energy

Electricity is provided 24/7 in the main resorts of the island.

Energy Consumption

by Sector, 2012

23% 49% 26%

Truck carrying petrol around the island.

2% Transport

Commercial

Residential

Industry

Other: 0%

SOURCE: EIA (2015); Global Environment CIA Facility (2010); Government of Antigua & Barbuda (2009).

Notes: Estimates based on CO2 emissions per sector

www.ebizguides.com

Despite having achieved near universal access to energy and electricity for its citizens, Antigua & Barbuda faces significant macroeconomic challenges, caused by the abundant energy use and the exclusive reliance on imported fossil fuels. Indeed, the combination of high dependence on imported oil, and the rapidly growing demand and limited financial means to expand capacity, poses a major challenge for the country’s energy security.

While Antigua & Barbuda has on average 268 hours of sunlight per month, off or on-grid solar photovoltaic systems are still limited in use. However, solar energy has a considerable potential, and the sector is expanding.

149

Energy Organization and Functioning of the Energy Sector

Source: Authors’ elaboration based on information from Caribbean News (2015); Gore-Francis (2013); Government of Antigua & Barbuda (2015a); Government of Antigua & Barbuda (2015c); Parliament of Antigua & Barbuda (1973); Parliament of Antigua & Barbuda (1993);Parliament of Antigua & Barbuda (2004); Samuel (2013); Sanguinetti and Gomes (2013)

APUA new headquarters in St. John’s.

Utilities The Antigua Public Utilities Authority (APUA) is a tripartite government statutory agency set up under the Public Utilities Act No. 10 of 1973 and 2004 that controls and regulates telecommunications, electricity and water services. It has a monopoly structure since the APUA holds the exclusive rights for the generation, transmission, distribution, and sale of electricity.

The minister with responsibility for the Public Utilities Authority, currently Sir Robin Yearwood, is a member of the cabinet which is jointly charged with policy formulation and the introduction of any legislation required to successfully fulfill APUA’s mission.

150

www.ebizguides.com

Energy

APUA’s internal and organizational structure is as follows

Source: Authors’ elaboration based on information in Parliament of Antigua & Barbuda (1973);Parliament of Antigua & Barbuda (1993); Parliament of Antigua & Barbuda (2004).

www.ebizguides.com

151

Energy

Oversight of the authority is provided by the Board of Commissioners whose members are appointed by the cabinet. The day-to-day operation of the authority is under the supervision of the general manager, who is assisted by a management team.

With a staff count of almost 800, middle management plays an important role in ensuring that processes run smoothly. APUA’s middle management is made up of controllers, engineers, coordinators, officers, accountants, chemists, superintendents, and supervisors.

Water Tap water is considered safe in Antigua & Barbuda, and there is an ample source of bottled water from a variety of suppliers. Most homes and businesses in the country rely on water catchment as their primary source of fresh, drinkable water.

The Water Division supports the production and delivery of adequate and safe water to the nation. With the country being susceptible to droughts and the overall limited supply of water, it also promotes water conservation among its customers. Indeed, the division has launched a public education outreach

152

program with the title “Don’t Waste the Water” which seeks to change the attitudes of the public as it relates to water consumption.

The authority has transitioned from the reliance on surface water and catchments as the primary source for national supply to a number of desalination plants utilizing reverse osmosis technology strategically placed across the country.

Septic/Sewage Waste management is the responsibility of the citizenry as the government does not operate a public sewage system. The primary method of waste collection and processing is via septic systems individually installed in homes and businesses.

Electricity Apart from a three Megawatt peak (MWp) solar power plant and limited wind systems, electricity in Antigua & Barbuda is supplied entirely by fossil fuels—more specifically diesel generation by the Antigua Power Company Limited (APC), which supplies close to 80% of the power generated in the country, and the APUA which is responsible for

www.ebizguides.com

Energy power generation, transmission, and distribution of electricity and purchases most of the power from APCL through a power purchase agreement (PPA).

Attention:This eBiz guide was published shortly after hurricane Irma passed through the Caribbean in September 2017. The island of Barbuda was particularly affected and sustained extensive damage to its infrastructure. At the time of publishing, the impact has not been fully assessed, and information related to the island in this guide may not be up to date. Construction projects are to be expected to rebuild the island. For more information, see pages 22-23 in the introduction chapter.

Electricity in Antigua is provided by five power plants with an installed capacity of 117.9MW, and an additional 7.2MW owned and operated by the APUA installed in Barbuda. Petroleum is used extensively, mainly for electricity production and transportation.

Antigua & Barbuda’s electricity prices rank among the highest in the world. The government does not provide blanket subsidies for residential, commercial

or industrial consumers; however, it does subsidize electricity for civil servants, public officials, and the elderly. In total, the government provides subsidized utility services to more than 700 citizens, with an annual cost of EC$ 5.2 million in the case of 2012.

Antigua & Barbuda does not have an independent regulatory agency for the electricity sector, which is why the APUA largely regulates itself with marginal oversight from the Cabinet-appointed Board of Commissioners. It is in charge of delivering electricity services safely and reliably, at a reasonable cost to consumers.

Renewable energy APUA has launched a “Green Antigua� initiative which seeks to promote a more environmentally friendly approach to resource management and energy production. In close collaboration with the government, the authority has embarked on the installation of utilityscale installations of solar energy plants and commercial-scale installations on government buildings including public schools. The newly constructed terminal at the V.C. Bird International Airport is partially powered by a 3 MWp solar installation.

Antigua has an average of 268 hours of sunlight per month.

www.ebizguides.com

153

Energy

The Draft Sustainable Energy Action Plan The Draft Sustainable Energy Action Plan (SEAP) was published in March 2013 and aims to serve as a road map for the country’s energy future until 2030.

It contains short, medium and long-term goals, that should enhance the implementation of the National Energy Policy (NEP) as well as reduce institutional and regulatory barriers.

Similar to the NEP, the SEAP calls for the establishment of an independent regulatory agency, and an energy advisory panel. The SEAP’s four strategies to achieve the goals of the NEP are as follows: 1. Overarching reform of the sector: Address institutional and regulatory barriers to foster energy efficiency and renewable energy development, create an independent regulatory agency, a dedicated SEU responsible for the energy sector, and an energy advisory panel to advize the government.

2. Energy conservation and efficiency: Address highenergy intensity and low levels of energy efficiency throughout all sectors by establishing new efficiency standards and building codes.

3. Renewable energy development: Reduce dependency on fossil fuels by increasing the use of renewable energy sources.

4. Education and Awareness: Increase awareness and technical capacity on energy efficiency and renewable energy sources, increase government resources dedicated to the energy sector, involve

154

the financial sector in energy efficiency and renewable energy projects.

The Renewable Energy Act The Renewable Energy Act of 2015 is Antigua & Barbuda’s latest effort to reform the energy sector and create a clear and transparent regulatory framework. Its main objective is to reduce foreign exchange spent on petroleum fuel imports, allow engineers to build expertise in the renewable energy technologies, and for the APUA to become involved in the renewable sector.

It also aims to reduce pollution and CO2 emissions.

According to the proposed Act, the government will develop feed-in tariffs and encourage net billing rather than net metering to not jeopardize other interests in the process.

A key element of the act will be the introduction of electricity wheeling, which allows for privately produced electricity to be consumed at a different location than where it was produced. This will enable private businesses such as hotels to produce electricity from renewable sources off-site and transmit it to their points of consumption.

A fee will be made to the APUA for the service of transmitting the electricity. Under this selling part of the electricity produced by another private entity is allowed. Both the producer and consumer will be required to obtain an interconnection license from the APUA, and the producer needs to obtain a wheeling license from the cabinet.

www.ebizguides.com

Energy

MAIN ENTITIES CARIBBEAN WATER TREATMENT Mr. Mario Bento Chairman Friars Hill, P.O. Box W219, St. John’s, Antigua Tel: (+1 268) 462 6565 Fax: (+1 268) 460 9929 cwt@candw.ag www.cwtltd.net

Activity: Utilities Date of creation:1992 Caribbean Water Treatment Ltd. has been a leading provider of Reverse Osmosis (RO) desalination and wastewater treatment services in the Eastern Caribbean for 20 years. Through exclusive relationships with leading technology providers and their inhouse technical support team, they can deliver complete, reliable and cost-effective solutions tailored for the Caribbean.

Caribbean Water Treatment Ltd. represents XylemWater Equipment Technologies (WET) exclusively in the Eastern Caribbean. WET is a leading manufacturer of brackish and seawater RO desalination plants, providing membrane systems solutions since 1975. RO systems are available from 100 GPD to capacities of several million gallons per day. CWT provides design, installation and operation/maintenance services to commercial and utility customers in the region.

The island has three Reverse Osmosis (RO) desalination plants/systems, the Sembcorp Plant (5.1 million m3/year), the Camp Blizzard Plant (1.0 million m3/year) and the Frye’s Beach Plant (1.0 million m3/ year), with a total desalination capacity of approximately 7.1 million m3/year.

Antigua has two water treatment plants with a total volume of 3.7 million m3, of which Delapps plant accounts for 2.5 million m3 and Bendals plant accounts for 1.2 million m3 (as of 2012).

Harvesting of rainwater by households contributes an important source of safe drinking water provided the collection and storage system is kept in a hygienically good condition. By law, all new houses are supposed to be equipped with rainwater collection

www.ebizguides.com

and storage systems. The average size of this storage is 19 m3 and the number of households is approximately 20,000.

PV Energy Mr. Adrian Häring PV-OMC Chairman 11 Upper Grosvenor Street, Mayfair, London W1k 2ND Tel: +44 20 7629 33 66 (UK) and (+1 268) 725 26 24 (Antigua) sa@pvenergyltd.com www.pvenergyltd.com Activity of the company: Solar energy PV Energy is a joint venture between the Swissbased Meeco Group and B & S Property (UK), to develop, build, operate and sell solar photovoltaic (PV) projects.

Its mission is to serve the world with clean, sustainable and affordable energy. Being on the forefront of creating and developing highly customized solar power generation and storage solutions, they contribute to a greener and cleaner environment.

Products/Services: ■ Strategic consulting: renewable energy policy assessments, solar (pV) program development, etc.

■ Project services: tax and accounting implications, contract and financing structure, etc.

■ Financial advisory: due diligence for project finance, access to debt and equity funds, etc.

■ Asset management: bookkeeping and taxing, electricity sales, insurance, etc.

RUBIS Mr. Mauricio Nicholls Managing Director One Rubis Plaza, BB23027 Welches, St James, Barbados Tel: (+1 246) 417 6300 www.rubis-caribbean.com Activity: Oil and byproducts provision

155

Energy

RUBIS gas stations are around the island of Antigua.

Rubis is an established international brand with over 20 years’ experience. Rubis distributes high-quality products including petroleum and aviation fuels, LPG and lubricants. Their products can be found throughout the Eastern Caribbean including Antigua, Barbados, Dominica, Grenada, Guyana, St Lucia and St Vincent as well as the Western and French Caribbean, Bermuda, Africa and Europe.

Rubis Caribbean’s head office is located in Barbados. Over 200 people are employed across the English-speaking Caribbean, and their various departments include shipping, supply and trading, aviation, finance, sales, marketing, operations and information technology.

Rubis Aviation is a leading supplier of premium aviation fuels in the Caribbean, supplying high-quality jet fuel and aviation gasoline at the 11 Caribbean airports in which they operate. Rubis Shipping, Supply and Trading function is based in Barbados and supports the core business by trading refined fuels.

Their products are shipped to various destinations across the Caribbean, and they pride themselves on being a safe and reliable fuel supplier for many countries in the region.

Their highly qualified teams are strongly motivated

by Rubis’ entrepreneurial approach in which the employees are encouraged to think local and constantly seek opportunities to grow the business. They are always looking to grow their business and create new positions. They have a strong commitment to the local communities in which they operate and

156

have supported various social and charitable organizations in all their markets.

WEST INDIES OIL COMPAN Mr. Gregory F. Georges CEO Friars Hill Road, St. John’s, Antigua Tel: (+1 268) 462 0140 / 464 8485 ggeorges@westindiesoil.com www.westindiesoil.com

Activity: Oil supply Date of creation:1965 Natomas and Amaco International Oil established in 1965 the West Indies Oil Company Ltd to capitalize on a unique business opportunity. First established as an oil refinery and distribution company in Antigua & Barbuda, WIOC then expanded its business reach in 1971 and opened a satellite terminal operation in Canefield, Dominica.

WIOC was sold to the Government of Antigua & Barbuda in 1976 which then sold 75% of its shares to National Petroleum Ltd. of Bermuda in 1980.

Now approaching a half-century of continuous business operations, WIOC has earned a stellar reputation for safety within the international oil and petroleum services industry.

www.ebizguides.com

Energy With this proud legacy of safety and an enterprising inception, WIOC is well-placed to embark on a longterm strategy of business transformation through growth in existing and new markets, and the expansion of its products and services.

Its leadership focuses on Corporate Governance and long-term strategic planning for the next halfcentury of WIOC business sustainability and profitability.

As a leading supplier of petroleum products and services in Antigua & Barbuda and Dominica, WIOC is focused on creating and maximizing value by providing the finest products and services to its customers, partners, and community.

■ Commercial Fuels • Gasoline • Gas Oil • Ultra Low Sulphur Diesel • Jet Fuel • Fuel Oil No.6 ■ Domestic Liquefied Petroleum Gas (LPG) ■ Oils and Lubricants ■ WIOC’s network • Four Marinas • 17 Petroleum Stations (Antigua) • One Station (Barbuda) West Indies is the leading supplier of petrol in Antigua.

www.ebizguides.com

• 10 Stations (Dominica)

157

Trade & Industry

Trade & Industry

OVERVIEW Antigua & Barbuda has been a member of CARICOM since 1974, the Organization of Eastern Caribbean States (OECS) since 1981 and the Eastern Caribbean Currency Union, among others. They allow for the country to have a stable environment for trade and investment, thanks to the foreign exchange system that is fully liberalized. Indeed, the Eastern Caribbean dollar has been pegged to the US$ at a rate of XCD 2.70 to US$ 1 since 1976, and as a result, it does not fluctuate.

Antigua & Barbuda’s limited scope of industry is mainly due to the high cost of labor in the country.

It is among the highest in the region, which causes potential investors to be attracted by the competitive labor costs of neighboring countries. Nevertheless, the government as introduced new legislation since the 1980s such has the Caribbean Basin Initiative, CARICOM, and the Lome Convention, that have given local manufacturers access to markets in the Caribbean, Europe, and the US.

Industry

The primary government agency in charge of obtaining FDI for the sector is the Antigua & Barbuda Investment Authority (ABIA), while the Small Business and Manufacturers Association plays a key part in representing the industry on the national scale.

Accounting for only 1.85% of the GDP, Antigua & Barbuda’s manufacturing sector is small. Light manufacturing sectors such as textiles, distilled liquors, and pottery make up most of the manufacturing industry in the twin islands. The country’s major manufacturing exports are bedding, handicraft and electronic components, the local manufacture of which is encouraged by incentives such a tax and duty-free concessions.

160

The Government has made attempts to diversify the economy and reduce its reliance on the tourism sector. However, tourism continues to be the largest contributor to the economy. Most recently, the Government acquired the majority shares in the West Indies Oil Company—a near monopoly supplier of petroleum products to the country—and has estab-

www.ebizguides.com

Trade & Industry lished bunkering services for the sub-region. The project has shown early signs of success and plans have been announced for expanding the facility.

fined petroleum, cars, planes, helicopters and packaged medicine.

In 2015, the government, in partnership with Chinese investor Yida Zhang, established the Special Economic Zone Act of 2015 to promote and establish self-contained industrial, commercial and financial corporate offices and business centers, with solid infrastructure. The goal is to facilitate public and private sector participation in a competitive and attractive environment for the promotion of economic development and the creation of jobs in Antigua & Barbuda. The project remains in its infancy, and no businesses have established a presence in the zone as of the publication of this guide.

Exports During the last five years, the exports of Antigua & Barbuda have decreased at an annualized rate of 39.1%, or from US$ 2.57 billion in 2010 to US$ 220 million in 2015. The most recent export data is led by passenger and cargo ships, with 54.6% of the total exports, followed by soybean meal at 7.6%.

Most coconuts consumed in the country are produced in Barbuda.

Trade Being a small island nation, Antigua & Barbuda relies on international trade.

It was ranked 174th in exports worldwide. In 2015, the country exported US$ 220 million, and imported US$ 703 million, resulting in a negative trade balance of US$ 482 million.

Meanwhile, estimates for exports and imports for 2017 are US$ 619 million and US$ 686.7 million respectively.

The country’s top exports are passenger and cargo ships, soybean meal, rice, refined petroleum and cold-rolled iron, using the 1992 revision of the Harmonized System classification.

Its top imports are passenger and cargo ships, re-

Export Goods by Category Total: $220M

Passenger and Cargo Ships

Tug Boats

Soybean Meal

Other Vegetable Residues and Waste

Chocolate

0.55%

1.4%

55%

0.35%

Cold- Rolled... Iron...

0.85%

Cars Scrap Vessels

2.5% Raw Iron Bars

2.4%

www.ebizguides.com

Hard Liquor

7.6%

1.5% Hot-Rolled Iron

0.71% Copper Plating Scrap Iron

Rice

Refined Petroleum

4.9%

Petroleum Gas

1.0%

HotRolled Iron Bars

0.85%

2.9% 1.4%

Coffee

Dried Legumes

Broadcasting Accessories

0.28%

0.66% Broadcasting Equipment Drilling Machines

Awnings, Tents, and Sails

2.4%

Nitrogenous Fertilizers

1.9%

NonFillet Frozen...

0.90%

Packaged...

Other Furniture

Glass Bottles

0.59% Mirrors and...

161

Trade & Industry Imports Antigua & Barbuda’s imports amounted to US$ 703 million in 2015, making it the 176th largest importer worldwide. However, they have been decreasing at

an annualized rate of 19.6% since 2010, going from US$ 1.29 billion to US$ 703 million in five years. The most recent import data has been led by passenger and cargo ships with 21% of total imports, followed by refined petroleum at 13.9%.

Import Goods by Category Passenger and Cargo Ships

Total: $703M

Refined Petroleum

Flavored... Beer

1.1% Hard Liquor

0.97% Other Edible Preparations

21% Cars

3.6%

Gas Turbines

Delivery...

Planes, Helicopters, and/or...

1.3%

2.5%

0.92%

14% Recreational Boats

0.79%

1.0% Engine Parts

0.89% Telephones

0.58%

Broadcasting Equipment

0.54%

Baked Wine Animal Food Goods

0.68% 0.56% 0.55%

0.50%

1.5% Cheese

Wheat Flours

0.42% 0.38%

Sauces and...

0.40%

Pasta

Air Pumps Valves Air...

Semiconductor...

Centrifuges

Electric...

Packaged Medicaments

1.5%

0.90%

Ice Cream

Other...

Raw...

Milk

Base Metal Watches

Medical...

0.55%

0.39%

Surveying Equipment

Processed Fish

Concentrated Milk

Sheep...

Plastic Lids

0.47%

X- Ray...

0.35% Plastic...

Plastic Housewares

Other Plastic...

Refrigerators

Awnings, Tents, and Sails

Grapes

Computers

0.48%

Rice

0.50%

0.49%

0.40%

Liquid...

0.64%

Fruit Juice

Poultry Meat Insulated Wire

Raw Iron Structures Iron...

Cleaning...

Perfumes

0.58%

Beauty Products

Pesticides Glaziers...

Nonaqueous Paints

Shaving...

Rubber Tires

Other Seats Furniture 0.34%

0.97%

Light Fixtures

Precious Metal...

Sawn Wood

1.1% Wood...

Jewellery

1.4%

Toilet Paper

0.46% Brochures Glazed Ceramics

View of St. John’s Harbour.

162

www.ebizguides.com

Trade & Industry Trade Balance In 2015 Antigua & Barbuda had a negative trade balance of US$ 482 million in net imports.

Trade Balance

Trade in US$

Imports

Exports

4.5B 4B 3.5B 3B 2.5B 2B 1.5B 1B 500M 0 1995

1996

1997

1998

1999

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015 2016

Source: http://atlas.media.mit.edu/en/profile/country/atg/

Trade Balance from 1995 to 2015 In 2015, the top export destinations of Antigua & Barbuda were Poland (US$ 116 million), Cameroon (US$ 18.8 million), Ireland (US$ 13.1 million), Senegal (US$ 10.8 million) and the United Kingdom (US$ 9.4 million).

France UK

55%

6%

24% UK

8% 11%

6% 7% 8%

Destinations

6%

Origins

South Korea Poland USA

Senegal

69%

Ireland Cameroon Poland

Antigua & Barbuda’s Product Space Thanks to its dense product space, Antigua & Barbuda has a revealed comparative advantage in the production and/or exportation of 60 goods.

The top import origins of Antigua & Barbuda that same year were the United States (US$ 251 million), Poland (US$ 110 million), South Korea (US$ 36.3 million), the United Kingdom (US$ 30 million) and France (US$ 27.8 million).

www.ebizguides.com

For example, the processes involved in making piston engine parts are useful for the production of other goods such as other vehicle parts and accessories. This means Antigua & Barbuda’s share of global exports is larger than what would be expected considering the size of its economy.

163

Trade & Industry

MAIN ENTITIES ANTIGUA DISTILLERY Mr. Anthony Bento General Manager Friars Hill Road, P.O. Box 149, St. John’s, Antigua Tel: (+1 268) 480 3200 Fax: (+1 268) 480 3215 www.antiguadistillery.com Activity: Distillery Date of creation:1932 In 1929, a group of eight local businessmen came together to buy molasses in bulk and control the distillation process for their rums. All but one of the group were successful rum shop owners. The members of the group were John R. Anjo, Joseph de Freitas, Manuel Dias, Emanuel C. Farara, Quin Farara, Emanuel Gomes, C.F. Joaquim and John A. Vieira.

They raised £2,500 as capital, and in 1932 they formed a company which they named Antigua Distillery Limited (ADL). The directors of ADL established their rum distillery in 1933, on leased land on Rat Island in St. John’s harbor. In the early days of this venture, Rat Island was reached by a causeway running out from lower St. John’s, but in later years extensive landfill linked the little island to the mainland.

For a number of years after their first still was made operational the company bought molasses from the government-controlled Antigua Sugar Factory, and from the smaller, independently owned Montpelier sugar factory, which they later bought.

The first rum produced by ADL was unaged rum in casks to local rum merchants by allotment and aged or matured rum known as Caballero Rum. Each merchant blended and bottled the rum under a distinctive private label for sale in his rum shop. Some of the old rum labels were Red Cock, Silver Leaf, White House, Black Cock, and Bolanda. The only private label that has survived is Bolanda, which is still sold at Bushy’s Rum Shop in Bolans.

In 1947, ADL introduced its own label, Cavalier Muscovado Rum, and a lighter version of this rum, using a faster fermentation process, is still marketed today as Cavalier Antigua Rum. The company replaced its first still in 1991. The new

164

still is a three-column pure copper still from John Dore & Co. in England, modified on site to simulate five columns. The choice of copper rather than stainless steel is important, as the interaction between alcohol and copper contributes to the flavor of the finished rum, and mellows it as it ages. The ADL still is the only column still in the Caribbean to which other metals have not been added. All maintenance and repair work is done with copper to preserve the integrity of the still.

With the new still in place, ADL has expanded its product mix.

English Harbour Rum was introduced in 1994 and named for Antigua’s historic naval tradition at English Harbour in the south of the island, and with a bow to the Royal naval tradition of distributing a daily tot of rum to each sailor on board its ships.

HADEED MOTORS Mr. Francis Hadeed Director General Old Parham Rd, Cassada Gardens, Antigua Tel: (+1 268) 481 2500 Fax: (+1 268) 481 2547 admin@hmotors.com.ag www.hadeedmotors.com Activity: Transport Date of creation: 1972 When Hadeed Motors Ltd. started operations in 1972, under the watchful eye of Senator Aziz Hadeed, it did so with a simple corporate philosophy; “Putting the ownership of a motor car within reach of the average family in Antigua & Barbuda.”

Hadeed Motors started out with the Nissan dealership (Datsun at the time), and expanded its base to include Daihatsu in 1992, Suzuki in 1995 and most recently, Infiniti.

Several local car rental companies speak highly of the assistance they received from Hadeed Motors, which enabled them to become major players in the rental industry today. Some of the people with whom Hadeed Motors Ltd. has established excellent working relationships include the Gregory brothers (Conroy and Caswald), Sonny Francis, Eugene Matthew, Oakland Richards, Allan Gomes and Steadman “Stead” Colbourne.

www.ebizguides.com

Trade & Industry It is with the support of these and many others that Hadeed Motors Ltd. has been able to expand and grow to the position it has achieved today; Antigua’s premier motor vehicle dealership.

chanic and entrepreneur, Ewart Harney, following a great deal of research, commissioned and received his initial order of 10 units of Toyota vehicles on December 12th, 1970.

The Hadeed Group always aims at giving its customers superior value; its employees, business partners and the community equity in their success; and its shareholders fair and attractive returns on their investments.

Harney Motors attributes its longevity to several factors; one of which is the strong, solid relationship between HML and the various manufacturers they represent. The company has created a reputation in Antigua & Barbuda based on dependability, customer care, and continuous improvement. Coupled with this, there is an ethos of strong philanthropic spirit and commitment to the development of their Antiguan community. The solid family-like culture and dedication of the employees, some with as much as 45 years of service, has also attributed to HML’s progress and survival.

Hadeed Motors Ltd. is committed to being good corporate citizens by actively initiating and assisting developmental efforts in the communities in which they operate. It is further committed to taking prudent risks to achieve sustainable long-term corporate growth while maintaining the highest ethical standards in conducting all its business.

HARNEY MOTORS Mrs. Dyna Harney Barnes General Manager/Director Factory & American Roads, P.O. Box 158, St. John’s, Antigua Tel: (+1 268) 462 1062 Fax: (+1 268) 462 1024 Harneymo@candw.com www.harneymotorsltd.com Activity: Transportation Date of creation:1970 Ewart Harney, trading as Harney Motors Ltd. (HML) became the first importer of Japanese vehicles into Antigua & Barbuda 46 years ago. As a young me-

www.ebizguides.com

Success usually accompanies following one’s heart and Ewart Harney’s love and drive for vehicles is a key factor to his success. One way his intense passion for automobiles is evident is through his compulsion to name his three daughters after vehicles – Carina, Dyna, and Niva. Dyna Harney-Barnes, the second daughter and General Manager of 19 years, completes the final dynamic. Dyna, who holds a Bachelors of Science in Finance and International Business and a Masters Degree in Business Administration, perpetuates the same energy, determination, and love for the Harney Motors world. She fully embraces the HML ethos of 100% commitment to customer satisfaction.

With great appreciation for their customers’ continued loyalty, both Ewart Harney and Dyna HarneyBarnes anticipate building on former successes employing the same time-honored principles to steer HML through decades of future growth and prosperity.

165

Trade & Industry ISLAND PROVISION Mr. Terry C. Brown Managing Director Sir George H. Walter Highway, P.O. Box 898, Antigua Tel: (+1 268) 480 5183 / 5180 info@islandprovision.biz www.island-provision.com Activity: Trading Date of creation: 1981 Since its inception in 1981, Island Provision has proudly supplied the island with a full range of imported and local, fresh and frozen produce, meat, poultry, dairy, and beverages. Their vision is simple: to provide the finest quality products at a reasonable price and the firm commitment to customer satisfaction and service.

& Barbuda. Island Provision Food Distribution’s aim is to bring excellence by providing first class fresh and frozen meat and fish, and a huge stock list of items daily. It is also the only licensed Certified Angus Beef distributor in Antigua, and the exclusive importer for Pepsi Cola, Sobe Adrenalin Rush, Tropicana and Pine Hill juices.

Best Cellars Wines and Spirits is the quintessential source of fine wines and spirits in Antigua & Barbuda. At Best Cellars Wines & Spirits, it is all about the fine wines of the world. From the best terroirs in France, Italy, and Spain, throughout North and South America ‘s best wineries, and all the other fine wine regions of the world, they are proud to carry no less than 600 different wine labels! They have wines to please every palate and enhance every meal. Their mission is to bring to you the greatest wines of this World! They travel to all continents to trade shows.

“We prudentially target the high-end market with foods and beverages, with some retail. We represent also quite a few brands in the process.

The company has grown steadily through 35 years and now employs around 100 employees among their different services.

We support the hospitality industry and help them with solutions for their clients.”

Island Provision Food Distribution responds to the daily and increasing demand of provisions in Antigua

Mr. Terry Brown Managing Director

166

www.ebizguides.com

Trade & Industry with a US$ 50,000 prize, it towers over the competition.

Their recently updated Big Spin Jackpot continues to make their players happy. It is a multi-game progressive, linking many of their most popular games together to create so many opportunities to win. With so many machines connected to the progressive, it grows (and hits) quickly, making for many winners.

Kings Casino offers the latest in gaming entertainment and is one of the most popular casinos in beautiful Antigua. You can find some of the casino games online in case you can’t make it to the casino.

Whether you enjoy playing slots, roulette, blackjack or other gambling games there are similar options both online and live.

SPECIAL SECURITY

KINGS CASINO Mr. Emilio Fagalde Manager Heritage Quay St. John’s, Antigua Tel: (+1 268) 462 1727 admin@kingscasino.com www.kingscasino.com

Activity: Gaming Date of creation:1988 Located in the heart of St. John’s, Antigua, just off the cruise ship pier is King’s Casino. Since 1988, King’s Casino has been Antigua’s #1 entertainment destination; with state-of-the-art slot machines, all the best table games, a live-action sports book, bar and more, it’s easy to see why.

With over 350 slot machines, you’re sure to find your favorite game at King’s Casino. They have covered all the bases, from a penny to dollar, reel games and video slots, and video poker and keno! They are always adding something new and interesting, so find your winning machine at King’s.

King’s Casino is the home of the world’s largest slot machine, named Colossus. Standing over 15 feet tall

www.ebizguides.com

Mr. Wilburg Purcell CEO Lower All Saints Road, St. John’s, Antigua Tel: (+1 268) 462 2772/ (+1 268) 562 2272 specsecserv@hotmail.com www.specsecservanu.com Activity: Security services Special Security Services is a duly registered company in Antigua & Barbuda.

Security services are all about making customers feel safe. They do this by tailoring their solutions to protect and safeguard the property and people who work or visit their customers. Special Security knows how crucial a feeling of security is for business and people, and that’s why they make sure to provide that feeling all the time, every day.

Over 20 years of operations in Antigua & Barbuda has made them experts on security matters within the state.

Their services are well sought after by both commercial businesses and residential properties alike; all because of the quality of their services. What makes them special is their relentless drive for service excellence. Special Security has developed knowledge and processes over the years to fine-tune every single aspect of this area. They are also focused on training their people to perform in a superior way, while also creating new technology and systems to reach excellence day in, day out.

167

Citizens International Office Antigua

Real Estate & Main Developments

Real Estate & Main Developments

OVERVIEW Real Estate Antigua & Barbuda offers prime real estate opportunities, with a variety of properties including beachfront, hillside and ocean view homes and villas, as well as property lots for building and development.

Indeed, Antigua & Barbuda’s varied geography makes real estate properties highly sought-after, offering something for everyone, whether that is retirement, investment, or simply vacation-home seekers.

Aside from real estate agency fees, there are government transfer fees on the sale and purchase of the property. In the case of local transactions, they amount to 2.5% for the buyer and 7.5% for the seller.

Non-citizens are required to apply for a license that

170

amounts to an additional 5% of the purchase price, while the local fees still apply.

Rates and property taxes on investment or income properties are based on market and rental value.

Withholding taxes on net rental income are 25% for non-residents. In addition, several other fees may apply including insurance, property management, and commissions. Legal costs associated with property transfers are typically between 1% and 2% but vary depending on the value of the property.

The majority of the properties are fee simple or freehold. Leaseholds are available but rare in Antigua and are usually held by the Crown. In Barbuda, however, the only form of land possession is lease holding.

www.ebizguides.com

Real Estate & Main Developments Government utilities are not guaranteed in every area, which is why builders are advised to plan ahead the installation of water cisterns, septic tanks, and generators since they have to assume all the costs and it can be very expensive.

Falmouth Harbour Many of Antigua’s most sought-after properties are in Falmouth Harbour, thanks to its luxury yacht marina.

Falmouth Harbour is in pristine condition and regularly upgraded, their main facilities are container storage, dockage facilities, concierge services, and nearby accommodation.

Located on the English Harbour main road, Falmouth Harbour Marina has been specifically designed and built to cater for mega yachts, with unparalleled dockage facilities in the region.

Boats of up to 330’ with a draft of up to 20’ both stern

to and alongside can be accommodated.

In addition, Falmouth Harbour Marina is the only Marina in the English Harbour area where your service containers can be kept within the secured premises, making it the perfect base for campaigning yachts through the season.

Other facilities include wide drive-on docks for easy access by VIP guests and convenient provisioning; the supply of ultra-low sulfur diesel anywhere on the dock; electricity, water; garbage disposal & recycling; round the clock security; parking; and a container park; providing a complete service for the yachting industry.

Set in the heart of Falmouth Harbour, shops, bars and a variety of restaurants along with extensive marine services are within walking distance. Falmouth Harbour Marina is also located within two minutes from historical Nelson’s Dockyard, which is a World Heritage Site.

Falmouth Harbour from the sky—the most developed facilities for mega yachts.

www.ebizguides.com

171

Real Estate & Main Developments

The new terminal of VC Bird International airport in 2015 meets the latest international standards.

Main Developments Thanks to Antigua & Barbuda’s recovery after the 2008 financial crisis and its steady growth since then, many large-scale projects have either recently completed or are in the development phase.

Antigua’s Airport Expansion The V.C. Bird International Airport is located on the Island of Antigua and is the newest and most modern international airport in the Eastern Caribbean.

Since its establishment in 1949, the airport has come a long way in its advancements.

The transformation of V.C Bird International Airport in Antigua into a spacious and modern facility is designed to meet the needs and exceed the expectations of both passengers and investors. The new terminal was completed in mid-2015, and the project was supported by two different partners, financed by The People’s Republic of China, and constructed by The China Civil Engineering Construction Corporation.

The main benefit of this new airport facility has been to accommodate the increasing passenger traffic being brought to the port, with state-of-the-art amenities and common use facilities, as well as a more aesthetically pleasing view for passengers. The extension of the new facility has seen significant developments in technical and infrastructural areas, supported as follows: ■ Footprint of 23,000 m2 or 247,570 sq. ft ■ Four passenger loading bridges ■ Modern security screening facilities ■ Up-to-date passenger processing and monitoring facilities

172

The new terminal building is designed to accommodate up to 2.5 million passengers, almost two and a half times the capacity of the old terminal. However, it is currently processing an average of 850,000 passengers, which means that it is operating at full capacity. Due to this expansion of the airport’s structure, ABAA is on the look for new business partners in order to achieve full capacity, which is why ABAA has established correspondent relationships with the Jamaica Tourism board, among others, to attract new airlines.

“There has been a marked increase in demand for the destination following the strong growth in visitor arrivals particularly from the US market in 2016. […]. These high-potential airline prospects will be vigorously followed-up.”

Mr. Colin C. James CEO of the Tourism Authority Commercial activity has also increased due to the several stores added to the new terminal. Indeed, one of the main ABAA objectives within the development of the airport infrastructure is to improve commercial services, in part by connecting the original and new terminals in order to create an “Airport City” to encourage commercial activities. The original terminal would maintain the operational office spaces but also accommodate car rental companies, tour guide services, restaurants and other activities.

Also, they plan to reassure the balance between concessionaires and passengers to maintain a broad profit margin, and so the airlines will be in a better position to lower ticket prices and attract a higher number of visitors provided that ABAA manages to increase non-aeronautical revenue through commercial activities.

Safety is another important objective. Indeed, the V. C. Bird International Airport operates under the International Civilization Organization standards and recommended best practices, and complies with the TSA’s regulations as well as ensuring that all equipment is TSA certified. They also work with the Civil Aviation Authority coming from the United Kingdom to ensure the safety of passengers.

“Our main function is to ensure that on a day-to-day basis the airport is operating efficiently. Additionally, we also have our strategic arm that focuses on the development of the airport.”

Mr. Stanley Smith CEO of Airport Authority

www.ebizguides.com

Real Estate & Main Developments

www.ebizguides.com

173

Real Estate & Main Developments International fashion shops are found in Heritage Quay in St. John’s.

St. John’s Renovation Project The St. John’s Development Corporation is the statutory body responsible for the development of the main commercial center in Antigua & Barbuda, the city of St. John’s, through the renovation of port facilities, heritage sites, land-based facilities, shopping, transportation services, and taxi services.

The first successful project of the corporation was the completion of Heritage Quay and represented the first phase of the revitalization of St. John’s. The second successful project was the Antigua & Barbuda Exhibition & Cultural Center located in Perry Bay, which was completed with the assistance of The People’s Republic of China.

Heritage Quay is a trendy place for the young generation to gather.

174

Since then, St. John’s Development Corporation has continued with the rejuvenation of the city with the construction of the Vendors Mall. In addition, it has and continues to make positive contributions to the development of the island, such as placing street signs, helping with sidewalk maintenance, and being the catalyst in the “Keep Antigua Clean” campaign.

www.ebizguides.com

Real Estate & Main Developments Paradise Found Resort

Attention:This eBiz guide was published shortly after hurricane Irma passed through the Caribbean in September 2017.

The island of Barbuda was particularly affected and sustained extensive damage to its infrastructure. At the time of publishing, the impact has not been fully assessed, and information related to the island in this guide may not be up to date. Construction projects are to be expected to rebuild the island. For more information, see pages 22-23 in the introduction chapter.

In an interview following the hurricane, Robert De Niro stated: “I feel a responsibility to help everyone and to get everything up and running [...] As devastating as it is, and as terrible as it is, it will come back, you know, that’s not going to be stopped. And we want to be a part of that.»

A new luxury eco-friendly resort conceived by Australian Billionaire James Packer and movie star Robert De Niro was approved on the Caribbean island of Barbuda. The Paradise Found project amounting to US$ 250 million will redevelop the former K Club resort, which famously hosted Princess Diana and closed more than a decade ago.

When the project was first announced in 2014, Robert De Niro was named a special economic envoy for the twin-island nation.

The new site will incorporate the old club along with an area of 555 acres of beachfront land. The main resort will also have 50 cottages with private pools and a boutique eco-lodge with six overwater villas, as well as extensive hotel facilities.

In addition, the plans include the construction of a private airstrip to service small charters and helicopters that can transfer hotel guests from the V.C. Bird International airport; so guests can enjoy a private helicopter ride to Paradise Found, as well as having

Princess Diana beach in Barbuda is considered as one of the most beautiful in the world.

www.ebizguides.com

175

Real Estate & Main Developments Pineapple beach in Antigua is ideal to enjoy a fresh coconut juice in the pristine water.

the option to use the VIP lounge and fast track service and the recently-redeveloped Antigua airport.

A new airport will be constructed in the near future.

The site has already been established, and the ground breaking has already begun.

Other projects in Barbuda

Also on the horizon is the construction of a new pier, that will have offices for immigration and customs.

The Ocean-view Barbuda is a project focusing mainly on Spa and salon treatments. This resort will start with 25 cottages.

A green space is being built to accommodate both visitors and locals in the area that once housed the Codrington castle. It is a historical attraction associated with the history of the Codrington family.

Finally, a Donkey Sanctuary is also in the making, as an added tourist attraction on the island.

Cruise Master Plan In 2016, the government of Antigua & Barbuda started a cruise facilities and downtown development program. To this day, over US$ 50 million has already been spent on the harbor and both lengthening and strengthening the Heritage Pier in order to allow the berthing of larger ships.

Blue Waters recently hosted Prince Harry in one of its villa during his last official trip.

176

This plan calls for further dredging of the approach channel and turning area, the creation of a fifth berth, and land reclamation to help improve pedestrian and vehicle flows, as well as town aesthetics, tour operations, and shopping.

www.ebizguides.com

Real Estate & Main Developments

MAIN ENTITIES CALLALOO CAY Mr. Dawood Shah Vice President Morris Bay Beach, Old Road, Antigua Tel: (+1 268) 788 1898 dawood@callaloocay.com http://www.callaloocay.com/ Activity: Real Estate Nestled in a sheltered cove along the southeastern coast of the island, a mere 20 minutes from the airport, stands the prime location for the Callaloo Cay luxury development.

Nothing short of island utopia, Callaloo Cay will comprise of a five-star hotel, private villas, a world-class spa, a trendsetting beach club and several waterside-dining concepts.

Affording a vista of mesmerizing sunrises over a horizon of sandy beaches and azure waters, the exclusive resort will occupy a sprawling 32 acres of prime beachfront. An additional five acres will be developed into a National Park for the enjoyment of residents and guests.

Stylishly designed to embrace the distinctive characteristics of the island’s landscape, the property will be operated by globally recognized Waldorf Astoria Hotels and Resorts, Hiltons luxury brand of iconic landmark hotels, upholding an assurance of superior quality standards. Situated at Morris Bay Beach, a tranquil beachfront setting, Callaloo Cay’s integrated design combines the vitality of a luxury beachfront resort with secluded hideaways fashioned around vitalizing waterways. The resort will be developed in phases with groundbreaking planned for end 2016 and estimated site completion in 2020. Callaloo Cay strives to achieve sustainability through sound preservation principles, green building design, and engagement with the local community.

In a unique partnership with the government of Antigua & Barbuda, Callaloo Cay offers one of the most attractive citizenship by investment programs in the world. The program offers flexibility through a range of investment options, including redeemable shares,

www.ebizguides.com

Antigua is well-known for having wonderful sunsets all year long.

fractional ownership, and private villa ownership.

An investment of minimum US$ 400,000 in the Callaloo Cay development will result in an entitlement for investors for a citizenship of Antigua, along with a range of benefits.

The fast-tracked processing of the application takes approximately three to four months, and once granted will allow investors visa-free access to more than 134 countries, including the Schengen countries, the United Kingdom and Canada.

Dual citizenship is allowed, and family members can join the citizenship program. This also includes dependent children under 26 years of age and dependent parents/grandparents of over 65 years of age.

There is no requirement to travel to Antigua & Barbuda during the application process, and there are just five days of mandatory residence for within five years.

177

Real Estate & Main Developments

Antigua has recently announced the expansion of its main pier in St. John’s.

EXCLUSIVE CONCIERGE Mr. Kevin Hosam CEO Ocean Height, Hodges’s Bay, P.O. Box W834, St. John’s, Antigua Tel: (+1 268)-788 1234 info@conciergeantiguabarbuda.com www.conciergeantiguabarbuda.com

Activity: Real Estate Exclusive Concierge Antigua Barbuda, a professional, reliable gateway to citizenship. A locally registered and owned company geared towards making your immigration and investment needs hassle-free, fast, and convenient. At Exclusive Concierge Antigua Barbuda, the commitment is evident in its attention to all the client’s needs and expectations.

At Exclusive Concierge Antigua Barbuda, a professional service is always expected by our clients. The team consists of highly trained professionals in the fields of real estate, law, investment and immigration consultancy, all well connected with a wealth of experience and local knowledge. It is their motiva-

178

tion for their client’s success and progress in their endeavors whether it is buying property, investment or obtaining dual citizenship here in their beautiful island.

The founder of Exclusive Concierge Antigua Barbuda is Kevin Hosam who is a licensed and processing agent for individuals wishing to become citizens of Antigua & Barbuda. Exclusive Concierge’s reach is beyond the country’s beautiful shores, with an affiliate office in St. Kitts and Nevis offering similar hassle-free citizenship by investment services.

It is through determination and a broad imagination that they encompass all of their client’s needs under one umbrella providing solutions, high-quality service, and excellent results.

Citizenship by Investment Exclusive Concierge Antigua Barbuda takes the time to walk you through all of your citizenship needs whether it’s a single applicant or a large family. The company makes the process easier for you with a step by step informative approach from the start of the application process through to approval. As a licensed agent and representative, their guarantee to you is a fast, reliable service on their behalf. They will help guide you through the available options for obtaining Citizenship by Investment.

www.ebizguides.com

Real Estate & Main Developments Real Estate Investment Exclusive Concierge recognizes that good real estate makes for a great investment. Let their highly qualified, experienced agents share their in-depth real estate portfolio with you. Whether it be a large parcel of land for investment, commercial property, residential property, or if you’re interested in approved Citizenship by Investment condominium units just let them know and they will direct you accordingly.

Concierge Services in Antigua & Barbuda Consider Exclusive Concierge Antigua Barbuda your gateway to paradise. Come and get to know the island you want to call “home,” just book your dates and leave the rest to them. The company provides consultancy and offer services to accommodate your needs, from hotel arrangements that suit your trip, 24-hour SUV transport from their recommended driver service, or let the company deal with arranging your appointments. Let Exclusive Concierge transform your business trip into a tropical vacation for you while in paradise.

They have a wide portfolio of properties available across the islands which you will find listed on this website. Island Living also has a number of both residential and commercial properties which are not listed due to the sensitivity of the sellers wishing to openly declare their desire to sell. Once they start working with you to find your property, they will be able to discuss such properties with you should they think that they will deliver to your requirements so please be sure to give them as much information as possible about your desired investment.

The company has an excellent selection of rental properties to suit most needs and budgets, both short and long-term. Island Living will work with other property owners and managers to find a property that will provide what you need to have a wonderful vacation in Antigua and are also able to assist in relocation advice for people seeking to move to Antigua either temporarily or permanently.

The team provides up to date, accurate information about investing in Antigua & Barbuda. They provide the necessary information and support to prospective investors during the decision-making process.

This includes: ■ Coordinating with government agencies

ISLAND LIVING Ms. Gaye Hechme Managing Director Island Living Antigua, Suite 201, Village Walk Mall, Friar’s Hill Road, P.O. Box 1275 St. John’s, Antigua Tel: (+1 268) 562 8474 Fax: (+1 268) 562 8473 info@islandlivingantigua.com www.islandlivingantigua.com

■ Identifying property sites and buildings ■ Hosting corporate and consultant visit ■ Compiling state and local incentives ■ Securing varied professional services ■ Business registration ■ Immigration and work permit services

Activity: Real Estate Island Living is comprised of a team of professionals with experience at both local and international levels, providing unparalleled and in-depth knowledge needed when applying for Citizenship by Investment in Antigua & Barbuda.

With strong ethical and moral principles at the core of their mandate, Island Living is grounded by international standards with an inherent Caribbean flare, making it the premier representative for the Citizenship by Investment Program (CIP) in Antigua & Barbuda.

www.ebizguides.com

Beach at Galley Bay.

179

Real Estate & Main Developments

180

www.ebizguides.com

Real Estate & Main Developments

www.ebizguides.com

181

Real Estate & Main Developments Majestic Realty Ms. Kathleen McDonald Director of Client Services Fitzgerald House, 44 Church Street, P.O Box 2010, St. John’s. Antigua Tel: (+1 268) 562 1531 Fax: (+1 268) 462 5234 kaye.mcdonald@majesticrealtycaribbean.com www.majesticrealtycaribbean.com Activity: Real Estate

Majestic Real-Estate Services ■ Real estate for Antigua & Barbuda Citizenship by Investment ■ Sales: Residential & Commercial ■ Rentals Long & Short Term ■ Property Management ■ Valuations ■ Property Surveys ■ Property Auctions ■ Luxury holiday rentals ■ Concierge Services

Majestic Concierge Services

Majestic Realty Caribbean Majestic Realty makes owning property in Antigua easy. The cumulative knowledge and experience of the team means they can answer all of your questions and provide all of the services to ensure that the acquisition of your real estate investment is an enjoyable experience. Through their unsurpassed client service and their core principles of honesty and integrity, they simply earn your trust.

Majestic Realty Caribbean Ltd, has been serving Antigua & Barbuda real estate market for almost a decade. The company prides itself on having the knowledge and the experience to meet the clients’ needs, whether it is a discerning real estate investor looking for an exclusive beachfront property or a first-time homeowner. They solidify their client relationships by providing a broad spectrum of personal & corporate concierge services making their clients’ business experience “hassle-free” while enjoying life and their most coveted possession: time.

Their clients have full access to their group of services and network of service providers 24/7. The company aims to keep their client services personalized while assuring utmost discretion and confidentiality.

Concierge Services ■ Personalized VIP airport clearance & expedited hotel check-in ■ Party management ■ Reservations for private villas and hotels ■ Customized excursions and island adventures ■ Private staffing (private chef & housekeeping) ■ Personal & Corporate hospitality services ■ Charters (land, sea & air) Virgin land in Antigua for real estate development plans.

182

■ Villa pre-stocking ■ Car and chauffeur services

www.ebizguides.com

Real Estate & Main Developments OBMI Ms. Kathleen McDonald Director of Client Services Fitzgerald House, 44 Church Street, P.O. Box 2010, St. John’s, Antigua Tel: (+1 268) 562 1531 Fax: (+1 268) 462 5234 kaye.mcdonald@majesticrealtycaribbean.com www.majesticrealtycaribbean.com

Activity of the company: Architectural Design Date of creation: 1936 (worldwide) OBMI is a global leader in architectural design with an experienced team of professionals who are passionate about the creation of successful places.

In 1936 Wilfred Onions and Valmer Bouchard, two ambitious architects from McGill University, teamed up to fulfill an epic vision: To turn their dreams into a living, enduring history in Bermuda. They realized their vision over the next 20 years defining the internationally acclaimed Bermuda design style, instituting a “sense of place” driven a culture that would set the foundation for OBMI today.

At OBMI, they believe that architectural design and planning is a privilege and an opportunity for greatness. Like its founders, it enters every project with a great respect for its site, understanding that only with the utmost sensitivity to its natural environment, culture and history will a site become a place with a story and a soul. Its multicultural mix of professionals live for the creation of successful places and share the highest standards of excellence within their disciplines.

OBMI’s mission is to meet every new challenge with OBMI’s founding ideals — helping its clients fulfill their dreams while reaching their financial goals.

Its vision is the constant pursuit of excellence in collaboration with its clients, resulting in design solutions.

Celebrating 80 years of passion for their profession, with offices located throughout the world, and an extensive portfolio of professional services, OBM International has positioned itself as a highly prestigious design-consulting firm.

www.ebizguides.com

ORANGE LIMITED (PEARNS POINT) Mr. Wim Berends CEO Jolly Harbour, Antigua Tel: (+1 268) 726 2628 ahartman@orangelimited.com www.orangelimited.com / www.pearnspoint.com www.marina-residences-antigua.com Activity: Real Estate Date of creation: 2000 Orange Limited is a luxury property development company based in Antigua & Barbuda. Established in 2000, it focuses mainly on the development of the Pearns Point peninsula and the Jolly Harbour area, located on the beautiful west coast of Antigua.

Orange Limited prides itself on its company values, such as respect for the community and the environment, sustainability and renewable energy, honest entrepreneurship and dedication to excellence. The company has actively sponsored Antigua’s Sailing Week, the Antigua Rotary Club, the Friends of the Care project, a local football club and the national Police Week. Orange Limited will fulfill its promise to dedicate 1% of all gross sales to local charities.

Orange Limited possesses various real state developments all around the country. The Marina Residences is a luxury real estate development of 32 premium condominiums set against the iconic backdrop of Antigua’s Jolly Harbour. Pearns Point is the main development and is often featured as one of the top real estate developments in the Caribbean by esteemed international property press. Recently, Orange Limited proudly announced a partnership with the Setai Hotel and Resort in Miami to build a five-star resort and fully serviced suites and cottages.

Papaya Hotel & Spa Papaya Sales Office Upper Floor, Dockyard Drive, Falmouth Harbour Marina English Harbour, Antigua Tel: (+ 1 268) 562 8586 info@papayaantigua.com www.papayaantigua.com Activity of the company: Hospitality Date of creation: 2017

183

Real Estate & Main Developments Developer Brian Dobbin and his team have planned and executed projects in North and South America as well as the Caribbean, including Humber Valley in Canada, which has twice won the prestigious Bentley International Homes award for Best International Development.

The Rendezvous Bay development vision dictates great care be taken to blend the homes, hotel, and infrastructure into the natural environment to preserve the organic experience of the location. To help protect the over 360 wildlife species that include rare birds, plants, and sea turtles, the development is low density and will preserve a minimum of 85% of the Rendezvous Bay landholding in its natural state.

Papaya Hotel & Spa, a 70-room boutique hotel, is to be the centerpiece of Antigua’s newest residential community Rendezvous Bay. Located on the spine of land that bisects the two beaches, the Papaya’s one and two-bedroom villas will afford guests spectacular views of the ocean and beaches as well as the expansive Nature Park on the valley floor. The Papaya Hotel & Spa villas are the first opportunity for property ownership at Rendezvous Bay and are approved under the Antigua & Barbuda citizenship program.

PLEASURE COVE Mr. Jason George-John Founder & Managing Director P.O. Box 536, St. John’s, Antigua Tel: (+1 268) 464 7272 Fax: (+1 268) 462 1711 jason365@hotmail.com www.pleasurecoveresorts.com Activity of the company: Real Estate The Pleasure Cove Resort & Spa project has been approved under the laws of Antigua & Barbuda as part of the Citizenship by Investment Program (CIP). It will be constructed as a 47-unit condominium-hotel.

Pleasure Cove›s leaders have three objectives that have shaped their vision: 1. Create a viable and sustainable business for investors while driving local economic growth and prosperity.

2. Preserve the natural environment.

3. Share the warmth of Antiguan culture with all guests of Pleasure Cove.

184

Pleasure Cove is located on Runaway Beach, one of the prime beachfront real estate locations on the north coast of the beautiful island of Antigua.

The highly experienced Pleasure Cove management team will provide owners with first-class management, and maintenance services, ensuring a self-sustaining and viable business. Unit owners will participate in a revenue pool, where they will earn a percentage of the rental income. The property will be maintained to the highest standards so that investors can enjoy hassle-free property ownership.

STANHOPE SHEPHERD Mr. Adam Barret Managing Director Commercial Building, Jolly Harbour St. Mary’s, Antigua Tel: (+1 268) 788 1106 info@stanhopeshepherd.com www.stanhopeshepherd.com Activity: Real Estate Date of creation: 2011 Stanhope Shepherd Limited (SSL) is a company incorporated in 2011 under the Companies Act 1995 (and subsequent amendments) of Antigua & Barbuda. The principal purpose of SSL is the development of residential tourism products across the Caribbean, with their primary focus on the twin island state of Antigua & Barbuda.

The government of Antigua & Barbuda has seen the potential of Stanhope Shepherd and their developments. As a result, it has received SSL’s strong support for projects.

Currently, Stanhope Shepherd is developing a prestigious property known as Harbour Island Residences (HIR). HIR will consist of multiple residences located on a 33-acre island in the center of Jolly Harbour. In addition, the company is also exploring opportunities in Barbuda and Dominica.

Managing Director Adam Barrett has been in the real estate development and marketing of Antigua real estate for 10 years. Adam has an intimate knowledge of the Antigua real estate market as well as the surrounding region.

The principal purpose of Stanhope Shepherd is the development of residential tourism real estate

www.ebizguides.com

Real Estate & Main Developments products across the Caribbean, with a primary focus on the twin island state of Antigua & Barbuda.

They are a citizenship by investment developer which means that buyers of properties at Harbour Island Residence can qualify for a passport under the Citizenship by Investment Program in Antigua & Barbuda.

WINDWARD ESTATE Ms. Katia Fattarelli Manager Antigua Estates, Commercial Centre, Jolly Harbour, Antigua.

Tel (+1 268) 562 5622 / (+1 268) 462 6266 info@windwardantigua.com windwardantigua.com

Activity: Real Estate Date of creation: 2013 Windward Estate is located between Pigeon Beach and Windward Bay, two of the most beautiful beaches of the island, just behind the renowned sailing world’s premier port of Nelson’s Dockyard in English Harbor on the south-east coast of the Caribbean island of Antigua. The location is about 30-minute drive from the capital of St. John’s and the V.C. Bird International Airport.

The project includes an area of approximately 93 acres of waterfront, prime land. This idyllic seaside location radiates a tranquil ambiance yet is only a few minutes from English Harbor which offers fine dining, shopping, yachting, clubs, and recreational pursuits. Sited on the highest elevation, this development will exceed the expectations of the most sophisticated property owner, offering exceptional panoramic ocean views.

The full project started in April 2013, includes 32 luxury waterfront villas (seven of which are already completed and sold) developed on plots of approximately 1.6 acres and four waterfront villas on plots measuring approximately 0,5 acres. The project is divided into three distinct phases; the first one has been already completed.

In order to preserve continuity and elegance each villa is built using standard guidelines in respect of the natural beauty and serenity of the location.

www.ebizguides.com

The 24-hour guard-gated community is considered one of the most prestigious of the island. Windward Bay Estate will be only accessible to property owners and guests, enhancing the privacy of this most idyllic setting.

YIDA DEVELOPMENT H.E. Johann L Hesse Ambassador to the African Union / Director at LJ Group Ltd., P.O. Box W 1402, Long Street, St. John’s, Antigua antigua@yidainvest.com http://www.yidainvest.com/en-us/yida/business/

Activity: Real Estate Date of creation: 2011 Founded in 2011, Yida International Investment Group (Yida Group) defines itself as a diversified international investment company focusing on a diversity of industries and sectors. Its investment platform includes residential and commercial real estate, horse industry, metal and mining and others.

Yida International Investment Group has trained its focus on industrial investment via its strong capital advantage and internationalized network.

Yida Group’s investments cover many sectors such as residential real estate, which is closely related to urban development; and renewable energy, which is closely connected with the urban environment.

In 2015, a special groundbreaking ceremony took place in Antigua & Barbuda for the Antigua Special Economic Zone. The ceremony took place during the 48th Antigua Sailing Week, of which Yida International Investment Group is the Diamond Sponsor.

Yida International Investment Group proudly announced with Hard Rock International that the Hard Rock Hotel & Casino Antigua would be the first international hotel project within its Antigua Special Economic Zone development. The project has an estimated investment of US$ 740 million, according to the government. IT is slated to include two fivestar hotels, 1,300 residential units, a casino and conference center, a 27-hole golf course and a marina, among other features.

185

TRANSPORT

TRANSPORT

HONORABLE SIR ROBIN YEARWOOD MINISTER OF UTILITIES, CIVIL AVIATION, AND TRANSPORTATION

188

www.ebizguides.com

TRANSPORT

Foreword The Eastern Caribbean Central Bank reported that the economy of Antigua and Barbuda grew by a healthy 4.3% in 2016 far outpacing the International Monetary Fund report of the global economic growth of 3.1%. Antigua and Barbuda Human Development Index (HDI) value is 0.786 which puts the country in the high human development category positioning it at 62 out of 188 countries and territories. The vision of the Gaston Browne led ABLP Government is to transform Antigua and Barbuda into an economic powerhouse.

This strategic endeavor is the driver of activities within the Ministry of Utilities, Civil Aviation, and Transportation which I provide oversight.

Aviation V.C. Bird International Airport is one of the most important national assets of Antigua and Barbuda. It is vitally necessary to the tourism industry and my government because it is the only gateway to and from our shores for hundreds of thousands of aviation users.

The opening of the state-of-the-art XCD $97 million airport terminal in summer of 2015 raised the profile of Antigua and Barbuda and increased the nation’s value proposition as a leading destination in the Caribbean tourism market. This is evidenced in statistics which indicate a 6.5% increase in the year-to-date December 2016 period when compared to the same period of 2015. Overall, the aviation sector contributes XCD $90

www.ebizguides.com

million to the economy (8.0% of GDP) and supports approximately 2,300 jobs in Antigua and Barbuda.

Transportation Annually, the Antigua and Barbuda Transport Authority (ABTA) contributes XCD $27 million in gross revenue to the local economy. Under my continued oversight the ABTA and the other agencies I lead will continue to achieve the following: 1. Long-term and integrated planning 2. Adaptable and responsive to change 3. Leadership and corporate governance Antigua and Barbuda is ripe for investment. All the enabling services and systems have been put in place to foster the seamless and unimpeded operation of bona fide foreign direct investment. As the Minister of Utilities, Civil Aviation, and Transportation I continue to be relentless in the pursuit of excellence in product quality and service delivery.

Finally, I encourage all prospective investors to make Antigua and Barbuda the only stop in the Caribbean Region for dependable investment partnership and wealth creation.

Honorable Sir Robin Yearwood Minister of Utilities, Civil Aviation, and Transportation

189

Photo: ANTIGUA AND BARBUDA AIRPORT AUTHORITY

Transport

190

Antigua has the latest air & sea infrastructure.

www.ebizguides.com

Transport its ideal location and two main ports of entry, the V.C. Bird International Airport and the St. John’s Deep Water Harbour, Antigua has the greatest capacity for transportation services in the region.

On the one hand, Antigua & Barbuda’s recentlyconstructed airport terminal, covering 23,000m² (247,570 sq ft), became operational on August 26, 2015. It is the newest in the region and is equipped with four jet bridges, modern security screening facilities, up-to-date passenger processing and monitoring facilities, and a state-of-the-art security system.

There are 46 check-in counters and 15 self-check in kiosks in the departures area while the arrivals area contains five baggage carousels. Like most international airports, the operations include a mini food court, multiple VIP lounges, banks, retail stores, restaurants, and other facilities. Other improvements include a newly constructed car park, airport offices, and meeting rooms.

The country is home to the regional airline LIAT Ltd. (Leeward Island Air Transport), founded in 1974, and has served as the hub of regional air travel for several decades. LIAT’s main base of operations is the V.C. Bird International Airport with an additional base in Barbados.

With its 3,068m runway, the V.C. Bird International Airport is the only international port of entry for all flights into Antigua & Barbuda including cargo. Barbuda Codrington Airport is a local airport serving the sister island and has a relatively short runway of approximately 500m.

The government has released plans for the construction of a new airport and terminal on Barbuda which will accommodate international arrivals and cater mainly to private jets and larger regional aircraft. The project is to be financed through a partnership between the government and the private sector.

OVERVIEW Antigua & Barbuda is located on the cusp of the Eastern Caribbean island chain and represents a significant transportation hub for the Organization of Eastern Caribbean States (OECS) sub-region. With

www.ebizguides.com

On the other hand, the country’s main sea port is the St. John’s Deep Water Harbour, located on the western side of the island at the edge of the nation’s capital St. John’s, facilitates cruise ships at its Heritage Quay and Nevis Street piers. In 2016, the cruise ship berths at the Heritage Quay pier were upgraded and dredged to accommodate the Quantum class cruise ships (the second largest class of passenger ships behind only the Oasis class).

The government has announced that further upgrades will be completed shortly to include a third cruise ship pier that will allow berthing of the Oasis calls passenger ships. These upgrades are part of a port revitalization project that is estimated to cost around US$ 200 million.

191

Transport

Photo: ANTIGUA AND BARBUDA AIRPORT AUTHORITY

Falmouth Harbour Marina welcomes world class Mega-Yachts every year.

Antigua & Barbuda has direct flights to and from the United States, the United Kingdom, Canada, Germany, and Italy and keeps.

Another master plan for St. John’s calls for the construction of two marinas, a marine village, two hotels and several entertainment attractions in the heart of St. John’s and surrounding the port. It includes plans to convert the lower portions of the city to a pedestrian only area, and transportation will be supplemented by tramcars or trains that will connect all areas of the development and downtown shopping districts.

192

Local Transportation Local transportation in Antigua & Barbuda consists primarily of private vehicles, taxis, buses, and rentals, and is not provided by the government. Indeed, public transportation is provided by a fleet of independently run buses that operate on routes that are regulated by the Transport Board. The buses range

www.ebizguides.com

Transport from large van-sized and 15-seaters to much larger vehicles. While most of Antigua is covered by the various bus routes, schedules are not posted, and service to some areas is not consistent throughout the day. Buses do not operate in Barbuda.

The routes originate at two public bus stations on the eastern and western side of St. John’s capital.

The East Bus Station is located near the famed Antigua Recreation Grounds at the “top of town” as described by the locals, while the West Bus Station is located near the busy public market on the water’s edge of the St. John’s harbor. Bus fares range from US$ 1 to US$ 3 for a one-way trip.

The bus system is designed for the needs of locals and typically run between villages to and from St. John’s during the busy daylight hours since there is little to no bus services at night. Taxis and rental cars are considered a more convenient means of transportation for tourists and visitors who wish to get to specific tourist attractions, locations, and hotels.

Nevertheless, one of the most useful and popular routes is number 22, which travels from the West Bus Station, at Market Place, down along the west coast via Jolly Harbour to the village of Old Road, and takes in the lovely west coast chain of beaches—a great cheap alternative for getting down to these, especially for those staying in the resorts from Jolly Beach and south.

Renting a car is an easy and relatively affordable way of getting around Antigua & Barbuda. There are a large variety of rental car agencies including wellknown American brands, but visitors are required to have a valid driver’s license from their country of residence or an international driver’s license to rent one.

In addition, a temporary driver’s license is required, which allows the renter to drive for up to three months while visiting. The cost of this driver’s license is about US$ 20 and is available from any police station or the rental agency. The process is simple and does not take much time.

Depending on the vehicle request, renting a small, affordable car costs about US$ 40-50 per day. It is important to note that Antigua & Barbuda follow the British driving standards and drive on the left side of the road, as well as following British standards for route signs. It is wise to obtain a good map or up-todate electronic maps on your device.

Taxis are abundant and easily accessible in Antigua.

There are well-established fares that are published by the Taxi Association, but it would be wise to negotiate fares ahead of any trip as they can vary considerably depending on route and number of passengers. There is a dispatch area at the airport and taxis can be easily found at Heritage Quay in downtown St. John’s, but hotels can also easily arrange for a taxi.

Amazing rainbow caught on the edge of the Falmouth Harbour Marina.

www.ebizguides.com

193

Transport

MAIN ENTITIES ANTIGUA & BARBUDA AIRPORT AUTHORITY (ABAA) Mr. Stanley E. Smith Chief Executive Officer V.C Bird International Airport c/o Antigua & Barbuda Airport Authority, P.O. Box 1051, Coolidge, St. Georges, Antigua Tel: (+1 268) 484 2300 Fax: (+1 268) 484 2340 info@abairportauthority.com www.abairportauthority.com Activity: Airports Date of creation: 1952

less movement of passengers and cargo to and from the other islands.

The Antigua & Barbuda Airport Authority (ABAA) established in 2007, manages the operations of the V. C. Bird International Airport located in Antigua and the Codrington Airport located on the island of Barbuda. Over the years, V.C Bird International Airport has received flights from PanAm, Eastern Airlines, Air Canada, Air France, American Airlines, BWIA, British Airways, Lufthansa and LIAT with services to the Caribbean, North America, and Europe.

The ABBA’s mission is to operate and maintain modern, environmentally friendly facilities; to promote economic development through competent human resources, functional leadership, a culture of safety and security; as well as to deliver exceptional customer service.

“The new terminal building is ideal for facilitating the transfer of passengers, not only from Europe but also from North America. We have four regional carriers in the Caribbean region which use Antigua as a connecting port, the airport is therefore poised to be the hub of the Eastern Caribbean.”

Mr. Stanley Smith CEO of Airport Authority

V.C. Bird International Airport, one of the newest and most modern airport hubs in the Eastern Caribbean, has a rather interesting history.

In 1942, the United States army built an aerodrome base in Antigua for military use. However, in 1949 the government of Antigua & Barbuda earmarked the facility for civilian use. The runway and apron were expanded in the 1960s and 1970s through a grant by the Canadian government. In 1985, after further construction and improvements, the thencalled Coolidge Airport was renamed in honor of the country’s first Premier, the Honourable Dr. Sir Vere Cornwall Bird. Recent improvements have aimed at positioning V.C Bird International Airport (VCBIA) as the gateway of choice to the Eastern Caribbean and beyond.

The location of Antigua & Barbuda’s airports offers several competitive advantages. It is on the cusp of the islands that form the Eastern Caribbean and, as such, is one of the first islands one reaches on flights originating from Europe & North America. With the Leeward Islands Air Transport (LIAT) being Antigua’s hub carrier, this strategic location facilitates seam-

194

In a year, the airport accommodates 850,000 passengers and renders service to 10 airlines with direct flights to and from Antigua and the rest of the world.

With a runway length of 3068 meters and other standardize supporting airside facilities, VCBIA is positioned as the largest Leeward island’s airport.

Importantly, the V. C. Bird International Airport and Codrington Airport operate under the International Civilization Organization (ICAO) rules, regulations and recommended practices. It is also engaged with USA’s Transportation Security Administration as well as with the UK’s Civil Aviation Authority. In terms of the terminal design, the building also complies with safety standards, by ensuring that security equipment and x-ray machines—including cargo—have explosive detectors. ABAA also ensures that everything is 100% screened.

“The modernization of our new terminal is what we consider to be of first-world standard. We have considered people with limited mobility, pet zones for dogs; and a pet lavatory inside the terminal.

It is a terminal that was designed for all types of passengers who may come to our island.”

Ms. Geneva George Commercial Manager

www.ebizguides.com

Transport

www.ebizguides.com

195

Transport ANTIGUA & BARBUDA DEPARTMENT OF MARINE SERVICES AND MERCHANT SHIPPING (ADOM) Mr. Dwight C. R. Gardiner Director/Registrar General Corner of Popeshead and Dickenson Bay Streets, P.O. Box 1394 St. John’s, Antigua Tel: (+1 268) 462 1273 Fax: (+1 268) 462 4358 technical@abregistry.ag administration@abregistry.ag www.abregistry.ag

Activity: Marine services Date of creation: 1986 Antigua & Barbuda is one of the principal yachting and sailing centers of the Caribbean. The economy derives considerable income from the yachting industry, and the trickle-down effect of this income is felt across several sectors of the community.

The Department of Marine Services and Merchant Shipping (ADOMS) is the maritime administration of Antigua & Barbuda and operates a quality registry for a demanding clientele competing in an internationally competitive and dynamic industry.

Coupled with its customer service focus, it applies the most modern standards of safety with competitive fiscal and other incentives to meet the needs of ship and yacht owners seeking an effective registry option. Antigua & Barbuda has modern national legislation, covering all aspects of safety, security and the requirements for cleaner oceans.

Established in its modern form in 1986, with the designated Port of Registry, St. John’s, ADOMS currently has three offices.

The headquarters, located in St. John’s, host the International Maritime Organization representation and manage the ship registry, general and technical policy, the overall strategy, the supervision of yachts and Caribbean trading ships, and the issuing of convention and statutory certificates such as those relating to the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers.

ADOMS mission is to be recognized as the preferred global supplier of high-quality services, while ensuring compliance with international maritime conventions for maritime safety, security, environmental protection and the welfare of seafarers.

196

ADOMS is committed to high standards and to maintaining its international reputation. The organization is certified to the ISO 9001:2008 standard and recently completed the Voluntary IMO Member State Audit (VIMSAS) process in all three offices. ADOMS plays a leading role in the wider Caribbean area as its Director has been appointed as chairman of the Caribbean MOU on Port State Control.

Fees for registry and other services are competitive and simple and are regularly reviewed to ensure that they reflect real value for the services offered.

As a general proposition, registration fees for are inclusive of the provision of essential documents, exemptions, and certificates. The intention is an easily understood and predictable scale of fees that is fully inclusive so that owners can be assured that once the annual fees are paid, there will be no more charges for certificates or documents relating to the ship. Whenever the fees are amended, the changes will be outlined on their website.

ANTIGUA & BARBUDA PORT AUTHORITY (ABPA) Mr. Darwin Telemaque Port Manager Deepwater Harbour, P.O. Box 1052, St. Johns, Antigua Tel: (+1 268) 484 3400 Fax: (+1 268) 462 2510 abpa@port.gov.ag http://www.port.gov.ag/

Activity: Transportation Date of creation: 1969

The Port Authority of Antigua & Barbuda is an institution supported by the government but managed privately which oversees the maritime ports.

In December 2014, the port began its rebuilding project with a US$ 225 million investment from the China Civil Engineering Construction Corporation (CCECC) providing funding, manpower, and technical expertise. In addition, the new port terminal is being designed to attract private businesses to replace some of the services now provided by the Port Authority.

www.ebizguides.com

Transport

www.ebizguides.com

197

Transport

Antigua’s beauty starts in the sky.

“In terms of being able to deliver an efficient, highquality service and to transform the performance of the port through very difficult circumstances, we surpass everybody by a long shot. The methodology, managerial concepts, and the experience that we brought to the table have delivered an outcome that no one can believe.

What we see now in Antigua is that we’ve actually proven that you don’t need to have a shiny car to win the race. At the end of the day, if what you’re measured by are financial outcomes, efficiency, productivity, capacity to deliver, no one is better than us, even if we don’t have the latest machinery.”

all three categories and claimed the award for the most improved port.

Mr. Darwin Telemaque Port’s Manager

“Your port is not an essential service just because you want to prescribe it as such. It is the only thing that feeds you. It’s the only thing that clothes you.

It’s the only thing that shelters you because most things can only arrive by ship. There are no roads and planes are too small to carry all the products we need. Therefore, your entire life is hinged on transportation. So, I say that as water is essential to life, as blood must flow through your arteries to keep you alive, transportation is an absolute necessity for existence in our country.”

The master plan calls for further dredging of the approach channel and turning area, the creation of a fifth berth, and land reclamation to facilitate major improvements to pedestrian and vehicle flow, town aesthetics, tour operations, and shopping.

In 2016, each of the 24 members of the Caribbean Ports submitted their 2015 year-end results. The main categories on review were operational productivity, efficiency, financial performance, and innovation. The Antigua Port Authority was superior in

198

Darwin Telemaque, the current CEO of the Port Authority, is in the second year of his two-year appointment. Once his expansion plan is finalized, the port will be 10 to 15 acres larger, which is 15 acres bigger than most of the ports in the Caribbean. The future of logistics in the Caribbean, the OECS, and the sub-region could be significantly impacted by these developments, coupled with those in air transportation. Antigua will be the leader of transportation and logistics within the sub-region.

Mr. Darwin Telemaque Port’s Manager

www.ebizguides.com

Transport AMERICAN AIRLINES Mrs. Cathy Ann Edwards Joseph Country Manager V. C. Bird International Airport, High Street, P.O. Box 668 St. Johns, Antigua Tel: (+1 268) 481 4699 anutsc@aa.com https://www.aa.com.br/

Activity: Transport Date of creation: 1971 American Airlines has served the Caribbean for more than three decades. Over the years, American has worked closely with the government, hoteliers and tourism authorities to promote travel and tourism to the Caribbean, The Bahamas, and Bermuda in the Atlantic.

American first inaugurated service to the Caribbean in March 1971, flying between New York/Kennedy (JFK) and five Caribbean destinations—Puerto Rico, Aruba, Curacao, the U.S. Virgin Islands and Haiti.

Today, American flies from 11 North American cities to 34 destinations in the Caribbean, the Bahamas and Bermuda in the Atlantic.

American has steadily upgraded and expanded its facilities throughout the Caribbean, and it has invested in its three major airports that serve the region: Miami, San Juan, Puerto Rico, and New York/JFK. American began flying to five Caribbean destinations from JFK in 1971 after acquiring Trans Caribbean Airlines. American developed its hub in Miami in 1989 when it purchased Eastern Airlines route system to the Caribbean with its base in Miami.

Today from Miami American serves 21 cities in the Caribbean and Bermuda.

In addition to its extensive Caribbean route system from Miami, San Juan and JFK American flies to the region from Dallas/Fort Worth; Tampa, Florida; Chicago/O’Hare; Los Angeles; Philadelphia, Hartford, Connecticut; Baltimore and Boston. American added a Miami–Antigua direct service in September 2008.

BRYSONS SHIPPING AGENCY Mr. Nathan Dundas General Manager Friars Hill Road, PO Box 162 St. Johns, Antigua Tel: (+1 268) 480 1200 Fax: (+1 268) 462 0320 bryship@brysonsshipping.com www.brysonsantigua.com

Activity: Shipping and Insurance Date of creation: 1835 Geo W. Bennett, Bryson & Co. Ltd. provides customers with the best services for all their Shipping needs. For over 170 years they have been providing their customers with excellent on-time shipping which has enabled them to establish solid, mutually trusting relationships with their customers. Geo W. Bennett, Bryson & Co. Ltd. represent some of the Caribbean and the world’s leading Shipping companies.

The company strives persistently for excellence in serving you at their agency. It is an urgent commitment that they take special pride in fulfilling.

They offer you the total commitment of their resources —their people, their products, their expertise. Shipping Brysons alerts you to the full spectrum of options

St. John’s Harbour welcomes cruise ships on a daily basis during the high season.

www.ebizguides.com

199

Transport available to you. They advise you on the right coverage or combination of coverages for your property, personal or commercial. And brings you prompt and efficient claims service at the time of loss.

BUDGET Mr. Larry Gregory President Sir George Walter Highway, PO Box W587, Antigua Tel: (+1 268) 561 6399 info@budgetanu.com www.budgetanu.com

Activity: Car rental Date of creation: 1958 (worldwide) Budget Rent a Car is Antigua’s leading car rental company offering the highest level of service on the island. The company is located at the VC Bird International Airport terminal, with the main office conveniently located just minutes away on the Sir George Walter highway.

200

Budget takes pride in understanding the need of their clients and make it their business to offer personalized attention to provide the right car. Whether traveling on vacation or for business they can customize a package that fits any budget. Their fleet ranges from economy cars to SUV’S, all low mileage and well maintained.

Budget understands traveling can be stressful at times, and renting a car shouldn’t be a worry. Budget will take the stress away with their friendly, hasslefree service. Their rates are highly competitive and offer free hotel pickup and delivery.

Budget offers optional items that may be essential to your visit to Antigua & Barbuda: ■F ree Pickup and Delivery (Hotel Only) ■L DW (Loss Damage Waiver) US$ 12.00 per day (recommended) ■S LI (Supplemental Liability Insurance) US$ 7.00 per day (recommended) ■ Temporary Drivers License US$ 20.00 (Mandatory) provided at time of rental ■B ooster Seats US$ 5.00 per day ■B aby Seats US$ 5.00 per day ■G PS US$ 9.95 per day

www.ebizguides.com

Transport CARIBBEAN AIRLINES Mrs. Ann François Country Manager V.C. Bird Int’l Airport Antigua, Antigua Tel: (+1 268) 480 2945 Fax:(+1 268) 480 2940 mail@caribbean-airlines.com www.caribbean-airlines.com Activity: Transportation Date of creation: 2006 Caribbean Airlines Limited is the state-owned airline and flag carrier of Trinidad and Tobago. Headquartered in Iere House in Piarco, the airline operates flights to the Caribbean, North America, Central America and South America from its base at Piarco International Airport. Caribbean Airlines employs more than 1,700 people and is the largest airline in the Caribbean.

Upon the airline’s launch in January 2006, the airline retained the in-flight magazine, Caribbean Beat, and in-flight video, Caribbean Essence, of its predecessor BWIA. Caribbean Beat has been published since 1991

by Media and Editorial Projects Limited out of Trinidad and Tobago, and Caribbean Essence is produced by JCD & Associates, also out of Trinidad & Tobago.

Additionally, Caribbean Airlines continues to market itself as one of the few airlines still offering complimentary meals and refreshments. A movie is also shown on long-haul flights. In December 2014, Caribbean Airlines became the first airline to remove its fuel surcharge due to the reduction in jet fuel prices.

The airline’s frequent-flyer program is called Caribbean Miles. This program offers many benefits to its members, and there is no joining fee. The three tiers of the program are called Silver, Gold, and Executive Gold.

CRUISE TOURISM ASSOCIATION Mr. Nathan Dundas President P.O. Box 2088 St. John’s, Antigua Tel: (+1 268) 562 1746 Fax: (+1 268) 562 2858 abcta@candw.ag Activity: Transport Date of creation:1997

www.ebizguides.com

As manager of Bryson’s Shipping and president of the Antigua & Barbuda Cruise Tourism Association (ABCTA), Nathan Dundas has played an integral role in Antigua & Barbuda’s cruise and shipping industry for over a decade. The ABCTA was formed in 1997 by private sector individuals and businesses with a direct interest in cruise tourism. The objective was to create a lobby group to speak unitedly when addressing cruise lines and the government. The association has approximately 32 members, including tour operators, merchants, shipping agents and statutory bodies.

Mr. Dundas is also director of Caribbean Shipping Association, holding a position of chairman of Group A, made up of Shipping Agents and Stevedoring contractors in the Caribbean.

In a series of high-level one-on-one meetings, the Antigua & Barbuda delegation made power-point presentations showing the improvements that are already on the way at Port St. John’s, Antigua. The presentations shared details of the already commenced construction, as well as plans to construct two additional berths to accommodate the largest ships currently in operation, and a passenger terminal to support home-porting.

Future phases of the project include environmentally friendly landside public spaces and 130,000 square feet of retail space to accommodate high-end anchor brands shops, as well as a light railway tram to transport cruise passengers between the two transportation hubs at the northern and southern ends of the harbor.

The entire architecture of the new landside facilities will be done in vintage Antiguan Colonial facades to bring back the charm and character of old St. John’s which is a major attraction for cruise passengers.

DHL Thames Street P.O. Box 82 St. John’s, Antigua Tel: (+1 268) 462 2034 (+1 268) 464 8533 (+1 268) 764 2041 Fax: 462-2035 Outside: Tel: (+1 268) 462 2034 (+1 268) 464 8533 (+1 268) 764 2041 dhlanu@candw.ag Activity: Shipping

201

Transport DHL is present in over 220 countries and territories across the globe, making it the most international company in the world. With a workforce exceeding 350,000 employees, we provide solutions for an almost infinite number of logistics needs.

DHL is part of the world’s leading postal and logistics company Deutsche Post DHL Group and encompasses the business units DHL Express, DHL Parcel, DHL eCommerce, DHL Global Forwarding, DHL Freight and DHL Supply Chain.

The location of the office from where DHL activities in Antigua are controlled is the Vernon G. Edwards building. Certain commodities need to be accompanied by an invoice and, in some cases, additional customs documentation. Other commodities are considered as ‘Documents’ and only require a DHL Airwaybill to be completed.

FedEx Mr. Bernard Francis General Manager High Street, R.I.O.A Building, 3rd floor.

Antigua Tel: (+1 268) 462 0854 ebf@francistrading.com

Activity: Shipping Date of creation: 2015 FedEx is represented in Antigua & Barbuda by nominated service contractors.

In a connected world, the power of technology, transportation, information, and ideas compounds and multiplies. Businesses big and small create jobs that lift their communities. For people who are hungry for the education, goods, services, and jobs that can improve their lives, a connected world is a better world.

At FedEx Express, it is their goal to provide you with fast, reliable, worldwide express delivery service for your time-sensitive documents and packages.

As of December 2015; FedEx’s new Global Service Participant in Antigua & Barbuda will be Francis Trading Agency Limited.

With several years in the market, Francis Trading Agency Limited is ranked among the region’s toprated companies. As a FedEx Global Service Partici-

202

pant, they will bring a wealth of experience to their express shipping business in Antigua & Barbuda.

FRANCIS TRADING AGENCY Sir Eustace Francis Managing Director High Street, P.O. Box 194 St. John’s, Antigua Tel: (+1 268) 462 4555 Fax: (+1 268) 462 0849 fta@francistrading.com

Activity of the company: Shipping Agent Date of creation: 1984 The company is one of the few shipping lines in the world still offering as standard the 10ft container, ideal for smaller loads and personal effects with modern facilities at loading ports as well as destination ports.

The company offers to ship from the UK to Antigua & Barbuda. In detail, they include all cargo types, including dry, reefer, special equipment, LCL chilled as well as all types of break bulk including out of gauge cargoes.

HERTZ Mrs. Joan Phillip-Gregory Operations Manager St. Johns - V.C Bird International Airport, Antigua Tel: (+1 268) 481 4440 Fax: (+1 268) 481 4460 hertz@candw.ag https://www.hertz.co.uk/p/car-hire/antigua-barbuda

Activity: Car rental The Hertz Corporation, a subsidiary of Hertz Global Holdings Inc. is an American car rental company with international locations in 150 countries worldwide. In April 2010, Hertz and DollarThrifty Automotive Group announced an agreement under which Hertz was to acquire Dollar-Thrifty for a purchase price of US$ 41 per share, concluded in November 2012 and resulted in a combined 10,400 locations. On May 7, 2013, it was announced that

www.ebizguides.com

Transport The most beautiful boats are competing during the annual sailing week.

Hertz would relocate its corporate headquarters to Estero, just outside Fort Myers in Southwest Florida. Hertz is the largest U.S. car rental company by sales and has been able to establish itself as a quality company internationally and within Antigua.

Car hires can be organized from V C Bird International Airport. With a wide range of travelers passing through their locations every day, Hertz has a wide range of vehicles on offer to suit everyone’s needs - from smart executive saloons to compact family hatchbacks.

■ Hertz offers convenient advantages that enhance the quality of their services: ■ Best price guarantee; in the unlikely event you find a lower Hertz price, they’ll refund the difference ■ No cancellation or amendment fees (check terms and conditions) ■ No hidden extras to pay; theft and damage cover included ■ No credit card fees ■ Free delivery and pickup to the FBO, hotels, etc ■ Free unlimited mileage ■ Accept all major credit cards ■ Baby/Child & Booster Seat Hertz has been in operation in Antigua for the past 25 years and is one of the major car rental providing services in getting around the island.

www.ebizguides.com

Hertz leads the way with Quality Services with a personal touch from their efficient and dependable staff.

JOLLY HARBOUR Mr. Jo Lucas General Manager Jolly Harbour Marina Antigua Tel: (+1 268) 462 6042 Fax: (+1 268) 462 7703 www.jolly-harbour-marina.com Activity: Marina and Hospitality Jolly Harbor gave a big boom to Antigua’s tourism by reclaiming swamp land in the community just outside Bolans village. It was designed as the only gated community and marina in Antigua. As a fullservice marina with a boatyard, travel lift, long term storage, superyacht terminal, and workshops, it is now a major tourism hub and sailing destination for the island.

The services to the marine community form an almost soloed revenue to the tourism industry. It offers the very best in services, facilities, infrastructure, and communication as it also has shops, restaurants, holiday villas, private houses and a golf-course.

203

Transport

A classic boat anchored in Nelson’s Dockyard Marina.

LIAT ANTIGUA Ms. Carolyn Tongue Manager V.C. Bird International Airport P.O. Box 819 Coolidge, Antigua Tel: (+1 268) 480 5601/5602 Fax: (+1 268) 480 5625 corporatecommunications@liat.com www.liat.com Activity: Transport Date of creation:1974 LIAT, operating as Leeward Islands Air Transport, is an airline headquartered on the grounds of V. C. Bird International Airport in Antigua. LIAT Airlines provides service in the Eastern Caribbean region from Santo Domingo, the Dominican Republic in the north to Georgetown, Guyana in the South.

The airline’s main base is VC Bird International Airport, Antigua & Barbuda, with bases at Grantley Adams International Airport, Barbados and Piarco International Airport, Trinidad, and Tobago. LIAT purchased Caribbean Star Airlines on the 24 October 2007. The airline is owned by seven Caribbean governments, with three being the major shareholders (73.4%).

It operates high-frequency inter-island scheduled services serving 17 destinations in the Caribbean. These destinations include Dominican Republic, Puerto Rico, St. Thomas, Tortola, St. Croix, Curacao, Antigua, Bar-

204

bados, Trinidad, St. Kitts and Nevis, St. Maarten, Anguilla, Guadeloupe, Dominica, Martinique, St. Lucia, St. Vincent, Grenada, and Trinidad.

LIAT Airlines has partnership alliances with Virgin Atlantic and JetBlue Airways as well as former agreements with Carib Aviation and BWIA West Indies Airways. LIAT Airlines’ fleet consists of ATR 42-600, ATR 72-600 and Bombardier Dash 8 300. In January 2016, LIAT Airlines signed a bespoke charter agreement with Caribbean Helicopters, based in Antigua and Barbados, whereby the company will provide LIAT with charter flights into specific markets in the region.

Nelson’s Dockyard Marina Ms. Jolene Jacobs Office Manager Nelson’s Dockyard National Parks, PO Box 1283, St. John’s, Antigua Tel: (+1 268) 481 5021 info@nelsonsdockyardmarina.com www.nationalparksantigua.com Activity: Maritime Services & Hospitality Located in English Harbour, Nelson’s Dockyard is a former British Navy base; it displays restored 18th and 19th-century buildings and other historical artifacts from the colonial period of the dockyard, especially from the time it was commanded by Hora-

www.ebizguides.com

Transport tio Nelson. Nelson’s Dockyard Marina is within the Nelson’s Dockyard National Park in Antigua and is the only working Georgian dockyard in the world. The dockyard is hurricane-proof for ships and has been standing for over 500 years with ships from across the region choosing to base themselves there if need be.

UPS offers value-added services such as pickup and delivery options, delivery notification, and special handling to meet your shipping needs. UPS in Antigua belongs to Liat cargo services which is reporting a significant boost in its cargo business since introducing in 2010 a dedicated plane for freight services.

Despite its beautiful historic surroundings, Nelson’s Dockyard Marina has all the modern facilities that you need including the following:

The bulk of cargo is still moved on the airline’s regular passenger service. At present, for every one pound of cargo moved on the dedicated freight service, the airline moves 1.5 lbs on passenger planes.

■ 54 slips ■ Bow moorings ■ Immigration & customs ■ Three phase electricity

The growth in LIAT’s cargo’s business took place despite hurricane damage in St Lucia and St Vincent, two of the airline’s major markets for cargo.

■ Water ■ 24-hour security ■ Internet ■ Cable television ■ Restaurants, stores & tours within easy reach ■ Waste oil disposal ■ Restrooms ■ Showers & Laundry ■ There are also businesses that offer a marine service either within the dockyard or only a few minutes away.

Nelson’s Dockyard offers accommodation in two charming and atmospheric hotels, and they are The Admiral’s Inn & The Copper & Lumber Store Hotel.

It is also the host of every major regatta & show in the Antiguan yachting calendar making it the ideal place to moor.

UPS Mr. Troy R. Bailey Managing Director Liat Antigua, V. C. Bird International Airport, P.O. Box 819 Coolidge, Antigua Tel: (+1 268) 480 5733 Fax: (+1 268) 480 574 baileyt@liat.com www.ups.com

Activity: Shipping

www.ebizguides.com

Yacht Club Marina Mr. Carlo Falcone Owner, General Manager Falmouth Harbour, St. John’s, Antigua Tel: (+1 268) 460 1544 aycmarina@candw.com https://aycmarinaresort.com/ Activity: Maritime Services & Hospitality Situated in Falmouth Harbour, the Antigua Yacht Club Marina is ideally located among shops, boutiques, and restaurants. The historic Nelson’s Dockyard is just a few minutes walk away as well as the beautiful “Pigeon” beach.

Boats drawing up to 25 feet can be accommodated stern to/alongside, and all berths have water and electricity (110, 220, 380 Volts up to 400 amps).

The AYC Marina features an exclusive on the water complex which includes a gourmet Restaurant, a Travel agent, chandlery, two cafes, supermarket and liquor store, three boutiques, a bookshop and much more. The AYC Marina offers duty-free fuel facilities and a new system of delivering fuel that allows you to pump directly to your slip at up to 250 liters per minute.

Wireless internet connection is available all over the AYC Marina area.

The AYC Marina hosts the Antigua Classic Yacht Regatta in April followed by the Antigua Sailing Week.

205

ICT & MeDIA

ICT & Media

OVERVIEW The telecommunication sector in Antigua & Barbuda experienced steady growth throughout the second decade of the 21st century, due in part to the government’s decision to liberalize the sector. Indeed, there was a dramatic growth of mobile phone subscriptions, with a cumulative growth of 95.8% from 2005 to 2010.

The largest telecommunications provider is the stateowned Antigua Public Utilities Authority (APUA), which is responsible for providing 50% of all phone connections in the islands. They also have a mobile phone service, as do Cable & Wireless and Digicel.

As part of the liberalization of the sector in 2012, the government of Antigua & Barbuda signed a declaration of partnership in telecommunications with the

208

Eastern Caribbean Telecommunications Authority (ECTEL), an external body that oversees the telecommunication sector in many Caribbean countries.

In 2006, APUA’s board and management decided to have all communications and technology services handled by one division, which resulted in the merger of the telephone, inet and information systems departments. PCS (renamed imobile) was later added to the division in 2007.

This newly formed division, the Telecommunications Division of the Government of Antigua & Barbuda, is the main regulatory body for telecommunications within the state and is responsible for all telecommunication laws and policies in the country, as well as providing licensing and making yearly and monthly

www.ebizguides.com

ICT & Media Wireless/Mobile Providers

reports. It has several departments with separate responsibilities as follows: ■ The Central Office

Three wireless operators offering a variety of wireless and mobile voice and data services:

■ The Outside Plant ■ The PABX/CPE Department

■ APUA imobile – local GSM operator with plans for LTE

■ The Civil Department ■ The Commercial Services Department

■ Digicel – regional mobile operator offering GSM, LTE, and wireless leased line services.

■ The Operations Department ■ The Information Systems Department

■ FLOW – regional mobile operator offering GSM, LTE, and wireless leased line services.

■ inet ■ immobile

■ Antigua Computing Technology (ACT) – data WiFi network with limited nomadic capabilities.

Envisioning future trends, APUA invested heavily in an underground fiber optic network serving as the backbone of the nation’s telecommunications infrastructure. This technology offers resilience to natural or man-made disasters, and also serves as the gateway for easy and reliable access to all the facilities and capabilities of modern telecommunications. The Telecoms Business Unit of APUA has ensured that sufficient capacity is available to meet “features on demand” well into this new century.

Roaming services are available at a premium rate.

Visitors are advised to contact their home provider for rates. Pre-paid service and visitor sims are available for purchase at retail outlets and the airport.

All telecommunication providers offer international services in one form or another. FLOW (formerly Cable & Wireless Caribbean) and Digicel operate the only two submarine fiber optic cables to the island and provide wholesale and retail products to competitors and consumers.

While APUA maintains a monopoly on terrestrial wireline services, the wireless, mobile, and international services have been liberalized.

Antigua & Barbuda’s government is heavily involved in promoting ICT in education. The Connect Antigua & Barbuda Initiative (CABI) was founded to assist in the country’s development by providing ICT access to all citizens of the country.

Infrastructures in the country Public phones are many around Antigua & Barbuda and are operated by Cable & Wireless, so it should always be easy to find one. Most of the public phones accept credit cards as payment as well as prepaid phone cards. Coins, however, are not usually accepted.

Two of the main initiatives set up by CABI are the Technology for Early Childhood Education (TECE) initiative, which aims to provide public and private preschools with computers, broadband internet access, software, and ICT training for the staff; and the Technology for Communication, Education & Empowerment (TCEE) initiative, which is in the process of setting up Community Access Centers (CAC) that offer free ICT lessons and instruction manuals throughout the country.

International calling cards are hard to find, but there is a supermarket called “Shoppers Paradise” in the capital city of St. John’s which usually has a good supply. Calls can be rather expensive as no call charges are indicated.

Telephone lines in Antigua & Barbuda

Total Subscriptions

Fixed Lines

Mobile Lines

12,000

126,000

Subscriptions per 100 Inhabitants

13

136

Country comparison to the world

173

189

www.ebizguides.com

209

ICT & Media Broadcast media the State-controlled Antigua & Barbuda Broadcasting Service (ABS) operates one TV station and one radio station, while multi-channel cable TV subscription services are available, and over 36,000 radios are present on the island with six different ratio stations: four AM and two FM stations.

Internet country code .ag The Barbuda Internet and Technology Centre opened the first internet cafe on the Island, where not only can you get access online they also offer adult training classes on such things as PowerPoint, Excel, and Word. A variety of services ranging from burning photos onto CDs to home insurance are also available.

Internet Users Total

65,000

percent of the population

65.2%

country comparison to the world

174

Antigua has a reliable postal service with four post offices; one each at the airport and Nelson’s Dockyard and two in the capital city of St. John’s, one on Long Street and the main sorting office on the High Street. Courier services are available from companies such as Federal Express (FedEx) and DHL.

MAIN ENTITIES ANTIGUA PUBLIC UTILITIES AUTHORITIES (APUA) Mr. Esworth Martin General Manager Cassada Gardens St. John’s, Antigua Tel: (+1 268) 480 7000 support@apuainet.ag http://www.apua.ag/

Activity: Utilities Date of creation: 1973 APUA came about after the merger of the Electricity, Water and Telephone Department in 1973. It was then incorporated under the Public Utility Act which gave the company the right to carry out the following activities in Antigua & Barbuda: ■ The generation, distribution, supply and sale of electricity ■ The provision of telephone services for calls originating and ending within the State ■ The supply, distribution, maintenance, and sale of water services and any incidental services relative to the above APUA exists to nurture the sustainable economic, environmental and social development of the nation by providing affordable and reliable electrical power, telecommunications and water services.

APUA is the best-operating national public company, as it is a highly engaged and responsive company with a knowledge and respected workforce anticipating, meeting and exceeding the utility needs of customers.

210

www.ebizguides.com

ICT & Media

Digicel is the leader in telecommunications in Antigua & Barbuda.

DIGICEL Mrs. Janice Sutherland Chief Executive Officer Digicel Corporate Office, Hills Park, Friar’s Hill Road St. John’s, Antigua Tel: (+1 268) 736 1041 https://www.digicelgroup.com/en.html

Activity: Telecommunications Date of creation: 2001

www.ebizguides.com

Since its launch in Jamaica in 2001, Digicel has expanded rapidly and now spans across 31 markets in the Caribbean, Central America, and Asia-Pacific.

In each market, their mission is to deliver the best network, the best service and the best value to their customers and to give back to their communities.

Their job is to keep customers connected wherever they are. It’s this commitment to providing the best network, the best service, and the best value, which translates into affordable devices and plans, generous promotional offers, 4G and LTE networks and award-winning customer care.

Today, Digicel is proud to serve consumers and business customers’ alike and to offer the worlds

211

ICT & Media of mobile communications, business solutions, media, and entertainment. They have invested over US$ 5 billion in the Digicel business worldwide and continue to invest in bringing leading-edge technologies to the markets in which they operate.

In Antigua, Digicel keeps developing their services to meet the needs of the customers and is proud to have appointed a new CEO last year—Mrs. Sutherland—who is the first female CEO in the history of Antigua & Barbuda’s telecoms sector.

FLOW Mr. Joe Martinson Chief Executive Officer Flow Woods Branch, Woods Center, St. John’s, Antigua Tel: (+1 268) 562 1280 shand.merchant@lime.com https://discoverflow.co/antigua/ Activity: Telecommunication Date of creation: 2004

They were the first to connect the Caribbean people, governments and businesses with best in class telecoms networks across broadband, fixed and mobile services. Today they remain a telecom tour de force, unmatched in every market they serve in the Caribbean as the sole full-service ‘go to’ provider.

They value every moment invested in serving their valued customers across each of the thirteen markets in the region. They serve Antigua & Barbuda, Anguilla, Barbados, British Virgin Islands, Cayman, Dominica, Grenada, Jamaica, Montserrat, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines and Turks & Caicos Islands.

Their mission is to understand and deliver the best to their governments, businesses, and families; and their vision is to keep working to improve life in the Caribbean.

Flow has special services for business and enterprise customers; they provide fully tailored communication solutions which help solve real business issues—from cost reduction to customer acquisition —and enable them to develop.

Observer Media Group Mr. Darren Derrick Chief Executive Officer 15 Pavilion Drive, Coolidge, St. John’s, Antigua Tel: (+1 268) 480 1750 Darren.derrick@antiguaobserver.com https://antiguaobserver.com

Photo: PCC highlander

Activity: Multimedia News Date of creation: 1994

“Let there be light.”

The Daily Observer began publishing in January 1994 and is the flagship company of the Observer Media Group. It is not just the elder newspaper in Antigua; it is the only one left standing in a country where continuity is a major issue. The newspaper provides the latest news and information about travel, entertainment, sports, jobs, lifestyles, business, and much more.

Mega yacht with the latest telecommunication technology.

212

OMG also encompasses Observer Radio 91.1 FM, hitz.fm, antiguaobserver.com, and Observer Publications.

www.ebizguides.com

https://antiguaobserver.com

ICT & Media

Let There Be Light

PO Box 1318 St. John’s, Antigua Tel 1: (+1 268) 480 1750 Tel 2: (+1 268) 480 1755 Fax: (+1 268) 480 1757

editor@antiguaobserver.com www.ebizguides.com

213

AGRICULTURE & FISHERIES

Agriculture & Fisheries

OVERVIEW Agriculture The agricultural sector in Antigua & Barbuda accounts for 2.2% of GDP. With only 443 km², the country has a limited landmass, and it is also constrained by a limited water supply and labor force, stemming from the lure of higher wages in the tourism and construction sectors. Indeed, agriculture workers accounts for less than 3% of the total labor force in the country.

In total, only 18% of the island’s surface area is used for agriculture, and the main crops are cotton, bananas, coconuts, cucumbers, mangoes, sugarcane and livestock. But this production is almost exclusively focused on the domestic market, since Antigua & Barbuda has had a long tradition of subsistence farming known as “kitchen” gardens, which are used to grow food for the family and friends or neighbors.

However, even though horticulture is now the dominant agricultural activity, in 2008 it barely met more than a quarter of local demand. The country’s bill for imported fruit and vegetables rose from US$ 4 million in 2000 to US$ 12.8 million in 2008.

Additionally, the impact of food price inflation and

216

2008’s Hurricane Omar in that same year underscored the vulnerability of Antigua & Barbuda’s food system to external shocks. In order to strengthen the country’s food producing capacity, the Ministry of Agriculture, Lands, Housing and the Environment launched a National Food Production Plan in 2009, with the assistance of the Food and Agriculture Organization (FAO) of the United Nations.

This initiative has grown into the National Backyard Gardening Program, which is managed by the Ministry’s Agricultural Extension Division, and is now active in all districts including rural areas, with over 2,500 registered households participating and over 7,500 people benefiting from it.

Support includes advice from technical officers and community facilitators, as well as the supply of vegetable seeds, seedlings, fruit trees and inputs, free of charge or at minimal cost. It has also helped with the introduction of modern, productivity-enhancing technologies such as drip irrigation, shade houses, micro-gardening, and vermicomposting.

Backyard gardening became so popular that the government designated April 21st as the official National Backyard Garden Day. Continued government

www.ebizguides.com

Photo: http://agriculture.gov.ag/

Agriculture & Fisheries

One can’t stay in Antigua without trying the outside barbecues.

support is crucial, since funds are necessary to increase the supply of material inputs and irrigation systems and new technologies.

Antigua’s black pineapple is said to be one of the tastiest in the world.

Photo: http://agriculture.gov.ag/

Attention:This eBiz guide was published shortly after hurricane Irma passed through the Caribbean in September 2017.

The island of Barbuda was particularly affected, and sustained extensive damage to its infrastructure. At the time of publishing, the impact has not been fully assessed and information related to the island in this guide may not be up to date. For more information, see pages 22-23 in the introduction chapter.

The Survey and Mapping Division The Ministry of Agriculture’s Survey and Mapping Division has the mission to provide citizens, ministries and agencies with precise mapping and geospatial data, as well as services in an efficient and timely manner. Their objective is to progressively provide and manage quality datasets in order to enhance sustainable development in Antigua & Barbuda.

Aerial photographs, topographic maps, GPS consultation, drafting, land information, cartography and land surveying are some of the products and services they offer, which help to increase effectiveness and efficiency among decision makers.

www.ebizguides.com

Fisheries Antigua & Barbuda has a continental shelf of 3,568 km², and a territorial sea of 19.3 km. Fisheries mostly target marine species and are characterized by their smaller scale and commercial nature. Currently, there is no commercial exploitation of inland fisheries resources, but a subsistence or recreational harvest of some freshwater and estuarine species exists.

217

Agriculture & Fisheries

The most consumed fish in Antigua are the red snapper, the mahi-mahi, and the wahoo.

Indeed, in 2011 a total of 1849 people were reported to engage in fishing, with 96% of them being men.

The fishing fleet in 2014 was composed of 338 motorized vessels of less than 18 meters in length.

Regarding capture production, it involves mostly small fishing units targeting demersal or reef-based resources mainly through lines, trap nets and

gillnets, with trap fishing being the most commonly used method.

With a rather stable capture production around 3,000 tons between 2005 and 2014 (with the exception of 2012 due to external shocks), the main species targeted are the Caribbean spiny lobster, conch, groupers, grunts, and snappers.

Total Capture and aquaculture production (metric tons) 7,000.00 6,000.00 5,000.00 4,000.00 3,000.00 2,000.00 1,000.00

1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

0.00

218

www.ebizguides.com

Antigua is an active player against illegal fishing and has a regulated production.

Photo: http://asacip.com/

Photo: http://asacip.com/

Agriculture & Fisheries

Over several decades, there have been many failed attempts to conduct aquaculture on a range of products in Antigua. They mainly consisted of land-based operations, and most were unsuccessful due to the high operational costs and limited freshwater supply.

Nevertheless, seaweed farming has seen some success in Antigua, although it remains very limited.

In 2015, total exports of fish and fishery products amounted to US$ 20,000, and imports were US$ 6.8 million. The direct contribution of the sector to the overall GDP was estimated at around 0.8% while the consumption per capita was estimated at 55.1 kg in 2013.

Antigua & Barbuda has signed and is a member of numerous conventions that touch upon different issues such as biodiversity, climate change, desertification, law of the sea, marine dumping, ship pollution, whaling, among many others.

Total Imports and Exports of fishery products (US$ 1,000) 10,000.00

Import Export

8,000.00

6,000.00

4,000.00

2,000.00

1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

0,00

www.ebizguides.com

219

EDUCATION & HEALTHCARE

E D U C AT I O N

Michael S. Browne Minister of Education, Science and Technology

222

www.ebizguides.com

E D U C AT I O N

Foreword The Government of Antigua and Barbuda believes that the development of the human capital is key to national development and regards access, equity, and quality as the standards that guide the provision of education to the people.

In our twin-island nation, every child, regardless of colour, race, socio-economic status, creed or any other diversity, has the right to an education experience that is compatible with his/her aptitude, ability, and the needs of society. Therefore, basic education is provided for all and continuous learning through life-long education programmes is a hallmark of the education system. The goal is to properly equip each citizen and resident with the knowledge, skills, aptitudes and appropriate attitude to ensure a bright future for the individual and country.

Schooling for the country’s young citizens and residents is compulsory and free for the age group five to sixteen years.

However, government is cognisant that a dynamic and productive education system is born out of a strong and effective early childhood programme and is attentive to the development of a pre-school education programme that will become the foundation for a first-rate education system. Opportunities for the sixteen-plus learners to pursue continuing education in order to remain an active participant in the process of learning are provided.

of the educational system of Antigua and Barbuda. This Act confers power on the Minister of Education to promote the education system of the nation by the establishment of institutions devoted to the development of the human resources of the community. The Minister is enjoined to provide such number of public schools as is necessary to secure a place for all students in the compulsory school age group.

The Board of Education Act, 1994, provides for the establishment of a Board to support the implementation of Government education policies and to raise moneys required for the execution of such policies.

The Government of Antigua and Barbuda aims to offer the highest quality education possible to our children and young people, from pre-school to post graduate level and continues to work with various stakeholders in the society to improve and strengthen our education institutions, to develop productive citizens, who can learn and work independently and cooperatively to contribute to national, regional and global communities.

Michael S. Browne Minister of Education, Science and Technology

The Education Act, 2008, of the Laws of Antigua and Barbuda, is the primary legislation underpinning the operation

www.ebizguides.com

223

Education & Healthcare

Education Overview The philosophical underpinning guiding education in Antigua & Barbuda is captured in the 1988 policy statement from the Ministry of Education, which states that the educational system is expected to develop creative, innovative and adaptable men and women, as well as nurture and cultivate each child’s capability, aptitude, skills, and strengths.

The education system seeks to promote the provision of equity of educational opportunities so that its children can develop the skills and knowledge that will make them productive members of their society.

In this process, its people will have a deepening knowledge of their national heritage and learn to appreciate the cultures of other societies.

Hence, from a history of colonial machinations has emerged an education system which seeks to pro-

224

vide for all its people rights of access with attention to the fundamental issues of quality and relevance.

There are four main stages of education, with increasing governmental provision, namely pre-primary, primary, secondary and post-secondary/tertiary.

Compulsory Education Education is compulsory with provision for free access over the stages of primary and secondary, between the ages of five and 16. Antigua & Barbuda formally began providing universal secondary education in 2013 as part of its commitment to fulfilling this Millennium Development Goal.

In an effort to address the post-2015 global agenda, there is now a focus on education at the two ends

www.ebizguides.com

Education & Healthcare of the spectrum. That is, providing universal access to pre-primary education as well as providing full access to on-island tertiary education via the establishment of the University College of Antigua & Barbuda (UCAB), an affiliate of the University of the West Indies.

There are a number of social programs to promote student access to education, namely a heavily subsidized school transportation system, free school meals at the primary level (for government schools only), a free uniform grant system, a text book loan scheme operated and managed by the Board of Education, as well as a financial arm of the Ministry of Education.

These programs had a significant impact on net enrolment rates over the last 10 years, going from 92% and 72% at primary and secondary levels to 96% and 87% respectively in 2015. However, actual enrolment in schools has declined over the past 10 years, much of this accounted for by a decline in the school-age population, due to lower birth rates.

Early Childhood Education Formal Early Childhood Education (ECE) began in Antigua & Barbuda in 1915 and has been predominantly driven by the private sector. There are two cohorts here, the 0 – 2 age group in day care centers, and the 3 – 4+ age group in pre-schools. Participation in both these cohorts has grown, with pre-school enrolment going from 39% of the age cohort in 2001 to 83% in 2015.

In an effort to provide the right environment for children to learn, the sector has adopted the HIGH/ SCOPE curriculum with assistance from the Educational Foundation in Ypsilanti, Michigan for use in the pre-schools. The government has also provided three model ECE facilities that cater for parents who are unable to afford private services tuition so that a higher percentage of children can have access to the minimum necessary education.

Expansion of access in this sector is currently one of the priority areas of the education system, with plans to establish similar model centers at strategic locations across the country.

Enrolment in Compulsory Education 20,000 19,500 19,000

Number of students

18,500 18,000 17,500 17,000 2005-06

2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

2013-14

2014-15

2015-16

Antigua & Barbuda began providing universal secondary education in 2013.

www.ebizguides.com

225

Education & Healthcare

Enrolment in Primary Schools by Gender 6,300 6,100 5,900 5,700

Number of students

5,500 5,300 5,100 4,900 4,700 4,500 2005-06

2006-07

2007-08

2008-09

F

2009-10 M

School participation remains high, from approximately 73% of the age cohort at the pre-primary level to 96% at the primary level.

2010-11

2011-12

2012-13

Lineal (F)

2013-14

2014-15

2015-16 Lineal (M)

ticipating institutions of the UNICEF-sponsored Child-Friendly School (CFS) initiative and therefore promote among other things, ideas of positive behavior management, student councils, and parental involvement in their child’s school life.

There are three key assessment stages during this cycle, at the end of grades two, four and six. They are intended to be informative markers of the child’s progress, highlighting their strengths and weaknesses, so that schools can provide the necessary assistance to facilitate progress. Ultimately, the student is to be prepared for the next cycle of education, the secondary level, where the knowledge harnessed during the primary stage is used to further learning and critical thinking.

Primary Level

Secondary Level

Although enrolment has declined at the primary level over the past 10 years, participation remains high, going from approximately 73% of the age cohort at the pre-primary level to 96% at the primary level.

Students attend secondary school between the ages of 11 to 16. Every public school and assisted private school follows the same core curricula in keeping with the Education Act of 2008.

At the primary level, children attend school from five to 11 years old and are exposed to core areas of the curriculum (mathematics, language arts, science and social studies) as well as other subjects that are contributory to the holistic development of the child.

These subjects are physical education, performing arts, visual arts, Spanish, health and family life education and home economics.

The enrolment rates at the secondary level, contrary to the trend seen at the primary level, have been increasing over the past ten years. This is part of a deliberate government policy to make education at this level a right as opposed to a privilege, that is part of the national development strategies. Interestingly, the main beneficiaries of this policy have been boys, with some enrolments growth of 1200 from 2003 to 2016, whereas female enrolment only went up by 500.

The government’s primary schools are all par-

226

www.ebizguides.com

Education & Healthcare

Enrolment in Secondary Education by Gender 4,400 4,200 4,000 3,800 3,600 3,400

Number of students

3,200 3,000 2,800 2,600 2,400 2,200 2,000 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 F

M

Antigua & Barbuda is one of the territories in the Caribbean that has recognized the value of Technical and Vocational Education and Training (TVET) in preparing its citizens for the global market. In addition to this, the curricula, as well as the teaching and learning experiences employed in the classrooms, are designed to expose students to 21st-century skills such as critical thinking and decision making.

The integration of technology into the teaching and learning process also plays a pivotal role in preparing students. The Ministry of Education in conjunction with the Board of Education has recently invested in an e-textbook initiative which will allow students to have their textbooks on tablets. This move broadens the scope of learning and teaching methodologies, providing students with more interactive content and ultimately the responsibility to learn at their own pace.

At the end of the secondary cycle, students go through the Caribbean Examinations Council (CXC) certifying examinations (The Secondary Education Certificate or CSEC); and it is expected that in short order the education system will also be able to offer the CXC’s Caribbean Vocational Qualifications (CVQ) as a school-leaving certifying examination.

Lineal (F)

Lineal (M)

Technology (ABIT) and the Antigua & Barbuda Hospitality Training Institute (ABHTI).

Students may also pursue degree level courses with the University of the West Indies (UWI) Open Campus (in an online form). Two offshore medical schools, the American University of Antigua (AUA) and the University of Health Sciences Antigua (UHSA) also offer some opportunities for local students.

There are plans in advanced stages to establish the University College of Antigua & Barbuda (UCAB), a landed campus of the UWI, with a formal opening targeted for September 2018. UCAB is expected to open with the Faculty of Education and the Faculty of Nursing, offering full Bachelor’s degrees, with plans to build up its capacity and offerings progressively.

Currently, through the ASC students can do up to two years of UWI courses on-island in some areas, only needing to complete one year overseas at one of the other three UWI campuses.

The litteracy rate in Antigua & Barbuda is 99%.

Post-Secondary and Tertiary Levels The Antigua & Barbuda Institute of Continuing Education (ABICE) offers post-secondary/non-tertiary courses for adult learners. Tertiary-level courses, up to an Associate’s Degree are offered at the Antigua State College (ASC), Antigua & Barbuda Institute of

www.ebizguides.com

227

Education & Healthcare

Healthcare Overview Healthcare services in Antigua & Barbuda are provided through a network of 26 community health clinics, one public hospital in Antigua, and an eightbed medical facility in Barbuda. It is mainly financed through allocations from the Ministry of Finance and government expenditure on health was 5.5% of GDP in 2015.

There is currently a National Strategic Plan for health being developed, on top of the already existing policies in the areas of mental health, non-communicable diseases, aging, and health information systems.

Moreover, new legislation for tobacco control and food safety has been drafted.

The government is well aware of the issues that come with chronic non-communicable diseases

228

such as diabetes, cardiovascular diseases, cancer and chronic respiratory disease; which is why it has provided medication, medical supplies, and medical services for free to sufferers of these conditions through the Medical Benefits Scheme. However, the scheme has now included a prevention program that focuses on obesity, diet, exercise, and reduction in tobacco use, since they’re all heavily linked to the previously named diseases, and it is more cost effective.

The Ministry of Health established a public and private sector health task force, that seeks to improve the relationship between the two sectors, in order to enhance collaborations on patient referrals, information and data sharing, and shared services.

www.ebizguides.com

Education & Healthcare Public Health Antigua & Barbuda scores very high on the World Health Organization index of public health. More than 98% of all children are vaccinated against childhood diseases. Only a small number of adults have contracted HIV, and they receive anti-retroviral medicines free of charge.

The average lifespan of the Antiguan population reaches those of New York City; with an average of 79 years for women and 71 for men. Chikungunya was almost eradicated; the only two cases of infection were both caused by traveling to countries where the disease was still present.

Infrastructure and Access to Health Services Twelve polyclinics are distributed along population circles in the island-country, allowing those who require routine examinations and medicines to appear before a doctor twice per week and to have routine services applied daily. Pharmacies are also located in proximity to most of the clinics.

remains the best hospital in the state. A helipad has allowed patients to be airlifted in or out when the need arises.

MAIN ENTITIES Education ANTIGUA & BARBUDA HOSPITALITY TRAINING INSTITUTE Ms. Violet Lake Executive Director Hospitality Drive, Dutchman’s Bay, P.O. Box 434, St. John’s, Antigua Tel: (+1 268) 462 3066 Fax: (+1 268) 462 8782 info@abhti.com www.abhti.com Activity: Education

Maternity and Child Mortality

Date of creation: 1977

Antigua & Barbuda’s health system reflects an improved delivery of services to pregnant and lactating mothers. Indeed, there were as little as two maternal deaths and an infant mortality of nine per 1000 live births.

Best Hospital The Mount St. John Medical Centre, owned and operated by the Government of Antigua & Barbuda,

The Antigua & Barbuda Hospitality Training Institute (ABHTI) is a statutory body of the Ministry of Tourism, Economic Development, Investment and Energy run by a board of directors. ABHTI was formerly known as the Hotel Training Center which began in 1977 as a unit of the Antigua State College at Golden Grove. At that time, the Golden Grove Technical College included a Hotel and Catering Department which was started through British sponsorship.

MSJMC Hospital is equipped with the latest medical material.

www.ebizguides.com

229

Education & Healthcare In 1981, the Hotel and Catering Department moved to a larger space and was renamed the Hotel Training Center. The Center operated as a department of the Ministry of Tourism with a mandate to educate and train human resources of Antigua & Barbuda to meet the needs of the tourism and hospitality industry. The Hotel Training Center offered basic training in front desk operations, housekeeping, restaurant and bar service, and food preparation.

The growth of the tourism industry led to the upgrade of the Center to meet the needs of the industry. The Government of Antigua & Barbuda with the assistance of the European Union, through its European Development Fund (E.D.F.), closed the Center in 1998 for refurbishment and expansion of the facilities.

In October 2003, the upgrading of the facilities was completed and the Center reopened with a new name and improvements which included additional lecture classrooms, demonstration laboratories, state-of-the-art kitchen, refurbished main building with expanded restaurant and bar, and a meeting room and a new administrative block with library, computer rooms, and faculty room.

The vision of ABHTI is to be the premier Hospitality and Tourism Training Institute in the Organization of Eastern Caribbean States (OECS) and wider Caribbean, and its mission is to produce a quality skilled workforce and professionals for the hospitality and tourism industry, as well as to provide training and education with a commitment to excellence and professionalism.

AMERICAN UNIVERSITY OF ANTIGUA (AUA) Mr. Neil Simon President University Park, Jabberwock Beach Road, P.O. Box 1451, Coolidge, Antigua Tel: (+1 268) 484 8900 admissions@auamed.org www.auamed.org Activity: Education Date of creation: 2004 The American University of Antigua (AUA) College of Medicine is an institution dedicated to creating future generations of physicians that serve the communities they represent. Founded in 2004, AUA has accomplished more than some schools have in decades.

The American University of Antigua (AUA) College of Medicine is an innovative medical school dedicated to providing a learner-centric education of the highest quality, granting opportunities to underrepresented minorities, fostering a diverse academic community, and ensuring that its graduates develop the skills and attitudes of lifelong learning, compassion, and professionalism. AUA was founded with the commitment to support underserved communities and address the impending physician shortage with an emphasis on primary care, family medicine, and internal medicine. As such, the University recognizes its social responsibility to advance the field of

The American University of Antigua trains students from all around the world.

230

www.ebizguides.com

Education & Healthcare medicine, and lead the next generation of physicians and healthcare professionals to respond to global healthcare needs.

AUA is approved, recognized and accredited by the U.S. Department of Education, the New York State Education Department, the Medical Board of California, the Florida Department of Education, and the Caribbean Accreditation Authority for Education in Medicine and other Health Sciences. AUA is one of only three Caribbean medical schools with these distinctions.

The American University of Antigua College of Medicine is the first and only hospital-integrated USmodeled medical program in the Caribbean where clinical experience starts in the first semester. AUA College of Medicine graduated physicians will have acquired the necessary skills and knowledge needed to be able to tackle the complex challenges faced by healthcare globally.

ANTIGUA STATE COLLEGE Mr. Hyram Forde Principal Golden Grove, P.O. Box 193, St. John’s, Antigua Tel: (+1 268) 462 0413 info@asc.edu.ag www.asc.edu.ag Activity: Education Date of creation: 1977 In April 1977, the Antigua State College was established through the merger of two pre-existing colleges. The first of these, the Leeward Islands Teachers Training College, had been in operation for around 18 years prior to the merger. The college served students from the Turks and Caicos Islands in the north to Barbados in the south; and contributed extensively to the educational development of these islands as it was the premier regional institution for the training of their teachers. The Golden Grove Technical College was the second educational institution involved in the merger and was launched in 1972 with three departments: Hotel and Catering, Commercial and Engineering. In 1978, the Advanced Level Department became the college’s fifth department when all Sixth Forms in the secondary schools were brought together at the State College.

Today the Antigua State College exists as the pre-

www.ebizguides.com

mier tertiary level institution in the country. It continues to grow, offering a wider variety of courses to the students within its six departments. Associate degrees are being offered in the Department of Teacher Education, the Department of Business and the Advanced Level Department. By providing training relevant to the specific needs of their society, the College continues to play its part in the development of their nation.

The Antigua State College, in collaboration with its stakeholders, is committed to providing the academic, technical, vocational and paraprofessional needs of the country, through the delivery of its programs in all of the practical and modern technology methods, while providing continuing education to satisfy the human development requirements of all its citizens with ongoing quality assurance.

The vision of the Antigua State College is to become a degree granting institution providing the citizens of Antigua & Barbuda and the Caribbean region with greater opportunities to access tertiary level education and training by creating the environment for quality instruction. In addition, the college will develop a student friendly environment designed to enhance human potential and promote lifelong learning.

INTERNATIONAL INSTITUTE OF TECHNOLOGY Mrs. Danelle Martin Dean Sir George Walter Highway and Jabberwock Rd. P.O. Box 736, St. George’s, Antigua Tel: (+1 268) 480 2400 info@abiit.edu.ag/ helpdesk@abiit.edu.ag www.abiit.edu.ag/ Activity: Education Date of creation: 1997 The Free Zone Institute of Training and Technology (FZITT) opened its doors in 1997 and was a stateof-the-art training facility. Created by the government of Antigua & Barbuda, the mandate of the institute at that time was to bring about 100 percent computer literacy to the island’s labor force within a five-year period. Within ten weeks of the Institute opening its doors, its mandate of island-wide computer literacy was on the way to being realized. During this time, over two thousand persons received training in six to ten-week sessions covering Microsoft Desktop

231

Education & Healthcare Applications–Word, Excel, PowerPoint, Access and the Internet.

The success of FZIIT in bridging the digital divide in Antigua & Barbuda and the increased demand for IT training and tertiary level education created the need for a new institution and a larger physical facility. A decision was made to build a new physical plant, and so the Antigua & Barbuda International Institute of Technology (ABIIT) was born.

Construction for the new 31,000 square-foot building to house the ABIIT broke ground in March 2000.

This modern facility has central air conditioning, elevator, handicapped accessible bathrooms, library/ learning center, cafeteria and other modern amenities to make the learning environment as conducive to learning as possible. To compliment the modern physical plant, the institute has twelve fully equipped computer classrooms with LCD projectors and whiteboards. In addition, students and faculty enjoyed campus wide wireless access. Starting in September 2008, the Institute has begun offering courses fully online and is planning to offer at least one associate degree program fully online in September 2010.

The vision of ABIIT is to be the pace setter for tertiary level education in the Eastern Caribbean by providing programs relevant to the global market place.

The institute will do this by providing their students with opportunities for life-long learning in a supportive and professional environment.

ABIIT is committed to fostering academic access, scholarship and excellence as it builds a cadre of human resources with the skills, knowledge, and attitudes that are current and relevant for the global job market and for continuing studies.

UNIVERSITY OF HEALTH SCIENCES ANTIGUA (UHSA) Dr. Deborah Robinson-Akande Chairman, Board of Trustees Dowhill Campus, Piccadilly, P.O. Box 510, St. John’s, Antigua Tel:(+1 268) 460 1391 housing@uhsa.edu.ag www.uhsa.ag

Activity: Education Date of creation: 1982

232

Founded in 1982, the University of Health Sciences Antigua (UHSA) located in Dowhill, Piccadilly, is an outstanding academic institution dedicated to educating exemplary physicians, nurses, postgraduates and researchers in accordance with the highest professional standards who will integrate clinical, biomedical and behavioral knowledge to promote the health and well-being of patients and communities.

The University is committed to educating physicians and health care professionals who will address national and international challenges in medicine with an emphasis on primary care. We strive for our professionals to show excellence in practice, service, compassion, collegiality and scientific curiosity while demonstrating sensitivity to the diverse cultural environments in which medical care is delivered.

Since 1982, UHSA has graduated students from over 21 countries and 45 states within the U.S. Their students are represented in just about every specialty including, surgery, obstetrics and gynecology, internal medicine, and pediatrics. UHSA students have also gone on to prominent positions such as Heads of Hospitals, Department Heads, Faculty, Chief residents, popular lecturers, etc.

UHSA is listed in the Avicenna Directory of Medical Schools, formerly the World Health Organization (WHO). UHSA is also recognized by the Education Commission for Foreign Medical Graduates (ECFMG), the Antigua & Barbuda National Accreditation Board (ABNAB), and listed in the International Medical Education Directory (IMED). This recognition confers eligibility for the medical graduates of the University to take the United States Medical Licensing Examinations (USMLE) and is one of the requirements of the Professional and Linguistic Assessments Board (PLAB) in the U.K.

UNIVERSITY OF WEST INDIES Mr. Ian H. Benn Head of site Factory Road, P.O. Box 142, St. John’s, Antigua Tel: (+1 268) 462 1355 Fax: (+1 268) 462 2968 antigua@open.uwi.edu www.open.uwi.edu/antigua_barbuda

Activity: Education Date of creation: 1948

www.ebizguides.com

Education & Healthcare The University of the West Indies (UWI) Open Campus is one of the four campuses that make up the pillars of the UWI, which was established in 1948. It was specifically crafted to better respond to the need for available, accessible, affordable and applicable tertiary educational services to the traditionally underserved UWI-twelve anglophone contributing countries.

The company offers total care that includes diagnostic imaging, physician care, surgical and intensive care suites, health information technology, and the on-premises Belmont Pharmacy & Department Store, a 10,000 square foot retail operation for filling any prescription and providing any health product that visitors could possibly require.

The Open Campus has developed a unique approach in the Caribbean region to enhancing the student experience in innovative professional education and in undergraduate, postgraduate and continuing education study programs and courses by distance, blended, online and face-to-face learning modes.

A center that offers a wide range of products and services for their clients at the same location. Belmont Clinic, in St. John’s, is a well-located, highquality health care facility, with extensive facilities and technological implements that rival any mainland operation.

The vision of the University is to be globally recognized as a regionally integrated, innovative, internationally competitive university, deeply rooted in all aspects of Caribbean development and committed to serving the diverse people of the region and beyond. To do so, the UWI continues to work through the Tertiary Level Institutions Unit (TLIU) to serve other regional educational institutions.

UWIOC Antigua & Barbuda is always eager to present a veritable potpourri of academic, entertaining, informational and learning presentations to the students, alumni, supporters and friends of the UWI residing in or visiting Antigua & Barbuda.

MAIN ENTITIES HEALTHCARE BELMONT GROUP Mr. Ronnie Samuel General Manager and Technology Director All Saints Road, St. John’s, Antigua Tel: (+1 268) 562 1343 info@belmontclinic.com www.belmontclinic.com Activity of the company: Medical Center / Pharmacy Date of creation: 2001 With such extensive infrastructure devoted to serving such a huge amount of tourists, it is important that all essential services are available to both visitors and residents of Antigua.

www.ebizguides.com

MEDICAL BENEFITS SCHEME P.O. Box 424, Nevis Street, St. John’s, Antigua Tel: (+1 268) 481 6200 PublicRelations@mbs.gov.ag www.mbs.gov.ag Activity of the company: Medical Center / Pharmacy Date of creation: 1998 The Medical Benefit Scheme (MBS) operates to provide financial and other assistance towards the cost of medical services in Antigua & Barbuda. Established under the Act, Cap 271, of the Laws of Antigua & Barbuda, MBS was originally designed to assist beneficiaries, particularly those suffering from certain chronic diseases. In 1998, the Act was amended to expand the scope of MBS, and in 2010 a new Medical Benefits Act was passed by the Parliament. The following year, the Medical Benefits Regulation came into effect.

The vision of the company is to be a model organization which is customer-oriented and renowned for its service excellence, integrity, accountability, and fairness. Its mission is to contribute to the improvement of the quality of life in Antigua & Barbuda through medical service and pharmaceutical products.

These are some of the services the company offers: provide beneficiaries of the scheme with access to health care services; promote public awareness of the importance of adopting healthy lifestyles; and provide financial support for the construction and maintenance of healthcare facilities and infrastructure.

Some of their products include: Medication for 11 noncommunicable diseases, membership, immigration/ labor, and status letters, and reimbursement checks.

233

Education & Healthcare The success of the company can be explained because of a good combination of healthcare services and products that facilitate convenience for any patient and customer.

MEDICAL SURGICAL ASSOCIATES Mr. Joseph John Surgeon Woods Centre, Friar’s Hill Road St. John’s, Antigua Tel: (+1 268) 481 5200/1/2/3/4/6/7 or (+1 268) 481 5210 Fax: (+1 268) 481 5205 msa@candw.ag Activity: Medical services Date of creation:1998

With a workforce of nearly 500 and a medical staff of over 200, Mount St. John’s Medical Centre is one of the island’s largest employers. It is a 185-bed hospital offering a full range of services, from primary care to advanced critical care.

Clinicians are highly skilled and techniques and technologies are state-of-the-art, which is expected from a modern medical center. However, at MSJMC they believe that while having the very latest technology is vital for any modern acute hospital, it is the people who care for patients and provide support services who really make a difference. Teamwork and individual skills and commitment to their patients are what makes MSJMC a success.

Mount St. John Medical Centre provides the following services: ■H ealth Promotion and Prevention Programs: Hypertension, Diabetes, Antenatal Care

Medical Surgical Associates specialize in laparoscopic surgery, bariatric surgery, general surgery, vascular surgery, breast surgery, trauma surgery, endoscopy, dermatology, neurology, oncology, general medicine, anesthesia, ENT surgery, neuro-surgery, orthopedics, plastic surgery, and radiology.

■O utpatient clinic

Dr. John earned his MD degree from Columbia University in NYC and completed his surgical residency at Montefiore/Albert Einstein College of Medicine in 1991. He is a diplomat of the American Board of Surgery and a Fellow of the American College of Surgeons. He is also a member of numerous professional organizations in the United States including the American Society for Metabolic and Bariatric Surgery. Among his many accomplishments, he is credited with pioneering and advancing the fields of laparoscopic and bariatric surgery in the Englishspeaking Caribbean.

■C T scan (16 slice)

■ I CU ■N ICU ■R adiology with world class digital technology ■M RI ■F luoroscopy ■M ammography ■R outine X-rays ■U ltrasound ■M obile X-ray ■P harmacy ■C linical laboratory and pathology ■B lood bank ■S urgery ■ I n-patient services

MOUNT St. John’s HOSPITAL Mr. Gary Thomas CEO Mount St. John’s Medical Centre, Michael’s Mount St. John’s, Antigua Tel: (+1 268) 484 2700 Fax: (+1 268) 484 2955 info@msjmc.org http://msjmc.org/

■E mergency services ■D ialysis ■N ephrology ■P hysiotherapy and rehabilitation ■O ncology ■O rthopedics ■N on-invasive cardiology ■E ndocrinology ■O phthalmology

Activity: Medical services Date of creation: 2009

234

■ Telemedicine ■R econstructive surgery

www.ebizguides.com

Education & Healthcare

MSJMC has successfully achieved its first kidney transplant in 2017.

NATIONAL SOLID WASTE MANAGEMENT AUTHORITY Danielle Benjamin Director of Administration P.O. Box 2224 Saint John, Antigua Tel: (+1 268) 562 1347/8/9 or 562 2021 danielle.benjamin@solidwaste.gov.ag http://www.solidwaste.gov.ag/

■ Provide collection and storage facilities at ports, harbors, and anchorages for the reception of shipgenerated solid waste ■ Train its staff in those aspects of waste management for which they are responsible ■ Design, implement and maintain a program of public education on waste management.

Services:

Activity: Waste Management Date of creation:1995

■ Collection of stored household wastes throughout Antigua

The National Solid Waste Management Authority (NSWMA) was established by the Solid Waste Management Act of 1995 (revised in 2005). This Act sets up the NSWMA as a Statutory Corporation within the Ministry of Health and governed by a board of directors. The National Solid Waste Management Authority provides all residents with an integrated, cost-effective solid waste management system that follows the guidelines of environmentally sound principles.

■ Collection of wastes from government offices and institutions—such as schools, prisons, mental home, schools, police stations, Mount St. John hospital, vegetable market

The Act gives main responsibilities for: ■ The management of solid waste including shipgenerated solid waste in Antigua & Barbuda ■ Own, operate or contract facilities and equipment for the collection, treatment or processing, reusing, and disposal of solid waste, non-hazardous; quarantine waste, and liquid waste

www.ebizguides.com

■ Management of wastes at ports of entry and harbors ■ Collection, treatment and disposal of stored biomedical and hazardous wastes ■ Collection of stored wastes from beaches and highways ■ Waste diversion and recycling ■ Disposal of wastes in an environmentally safe manner at their state of the art cooks sanitary landfill.

235

TOURISM

Tourism

OVERVIEW Antigua & Barbuda lies approximately 260 miles east of Puerto Rico, 1,425 miles south-east of Miami, and 4,076 miles south-west of the United Kingdom. The twin-island nation has a combined area of 440 km² (170 sq. miles), making it the largest country within the Leeward Islands sub region. The destination pivots like a keystone in the Caribbean chain, making it an ideal hub for airlines and yachtsmen, which also earned the destination the title of ‘The Heart of the Caribbean.’

The country is accessible from most corners of the world with regular services being provided on a weekly basis from American Airlines, Delta Airlines,

238

Air Canada, British Airways, Caribbean Airlines, LIAT Airline (daily flights), WinAir in a codeshare agreement with KLM, among others.

With beaches of clean turquoise waters, the tropical islands of Antigua & Barbuda are an inviting paradise and are considered to be one of the most beautiful places in the world. As a result, tourism is the key driver of the country’s economy, accounting for nearly nearly 60% of the country’s GDP and 40% of investment; with key target markets being the U.S., Canada, and Europe, since the country’s main sources of tourists are the U.S. (38%), the U.K. (31%), other Caribbean countries (12%), and Canada (9%).

www.ebizguides.com

Tourism

Antigua was voted the most romantic island of the Caribbean.

www.ebizguides.com

239

Tourism During the high season, St. John’s welcomes thousands of cruise passengers.

Main Sources of Tourism USA

31%

Other Canada

38%

12% 10%

9%

Caribbean UK

3%

Rest of the World Other Europe

7%

2015

Stay-Over Visitor Arrivals

by Air 27,000

However, too much reliance on tourism makes the country vulnerable to downturns in the world market, which is why the Antiguan government is making efforts to diversify its economy. A big example of this is the significant drop in the country’s inbound tourists (by air) in the two years after the 2008 crisis, as shown in the chart seen left.

26,000

25,000

24,000

23,000

22,000

2006

240

2008

2010

2012

2014

2016

www.ebizguides.com

Tourism Sailing is Antigua’s main sea activity.

Carnival is a must-see event in Antigua each year.

Water sports are possible all around the island.

Carl Michael restaurant’s magnificent view in Sugar Ridge Resort.

www.ebizguides.com

241

Tourism

A pristine beach in the island of Barbuda.

Over the subsequent years, the country has returned to its pre-crisis levels. Indeed, the sector has been growing steadily since the crisis, with its biggest leap in 2016, in which over 265,000 inbound tourists flew to Antigua, almost 16,000 more than its previous year.

With choices such as Mount Obama, Shirley Heights and Monks Hill, Barbuda’s 160 km² (62 sq. miles) are encircled by reefs, which laid claim to many shipwrecks from as far back as the 1600s. Its sparse population has positioned the island as the perfect get away for those in seek of complete solitude.

Two islands, Two experiences

Labeled as an eco-paradise, the rich flora and fauna along with the abundance of land gave rise to the proliferation of the majestic frigatebird colony. This colony is the most thriving nesting site for these birds in the Western Hemisphere and is located in the Codrington Lagoon.

Bounded by the Caribbean Sea and the Atlantic Ocean, Antigua’s 280 km² (108 sq. miles) of landmass presents 153 km (95 miles) of spectacular coastline, brimmed with glistening bays and sheltered coves. The population of over 90,000 makes Antigua the more bustling of the two islands, with an array of activities, sites, restaurants, and hotels to choose from.

Attention:This eBiz guide was published shortly after hurricane Irma passed through the Caribbean in September 2017.

The island of Barbuda was particularly affected, and sustained extensive damage to its infrastructure. At the time of publishing, the impact has not been fully assessed and information related to the island in this guide may not be up to date. For more information, see pages 22-23 in the introduction chapter.

The undulating landscape of Barbuda presents an opportunity to take on many different hiking trails.

242

Weddings and Honeymoons The picturesque twin-islands are known to host the most weddings per capita in the world—an average of 1200 per year. The country has numerous hotels which cater to the weddings and honeymoons market by providing a variety of services needed to ensure couples can tie the knot and celebrate their nuptials in style.

Antigua & Barbuda is the Caribbean’s “Most Romantic Destination” as voted in 2015 and 2016, by the World Travel Awards. There is no residency requirement for couples waiting to get married, and the destination offers hassle-free marriages.

Fees are nominal, which makes it affordable to host a destination wedding: the special marriage license is US$ 150, registration fees are US$ 40, civil marriage officer fee is US$ 100, and the copies of the marriage certificate are US$ 10

www.ebizguides.com

Tourism

Wedding in Nelson’s Dockyard National Park.

www.ebizguides.com

243

Tourism

Antigua’s sailing week gathers international crews every year.

244

www.ebizguides.com

Tourism

Beaches in Antigua.

Sailing Antigua & Barbuda’s geographic attributes lend to a spectacular coastline and steady trade winds, making it world-renowned for its yachting and sailing. In fact, the destination is branded as the sailing capital of the Caribbean, as it boasts the Caribbean’s oldest and most prestigious yachting regatta—the Antigua Sailing Week.

The Ministry of Tourism partners with organizers of sailing regattas to invest in the hosting of the events

to attract more visitors to the destination and extend Antigua & Barbuda’s sailing calendar.

Beaches and Islands Many of Antigua’s famed beaches rest inside the calm, protected waters of the Caribbean Sea, and are all open to the public.

Northwest Coast: The island’s developed northwest coast is home to the popular Dickenson Bay

Sky View of Antigua.

www.ebizguides.com

245

Tourism

View of the beach of Cocobay Resort.

and Runaway Bay, which provide a fully-loaded resort beach experience. Or, for those who want a beach close to St. John’s, Fort James, a locally popular public beach, and Deep Bay are excellent choices.

Southwest and South Coast: The beaches of the hilly southwest corner of Antigua are less developed than those around St. John’s. Winding along the coast are Darkwood Beach and Johnson’s Point.

Rendezvous Bay and especially Doigs Beach, both located on the central southern coast, are quiet beaches, only accessible by four-wheel drive or footpaths.

East Coast: Half Moon Bay was voted one of the world’s best beaches and is now a national park. Long Bay, on the easternmost point of the island, is another good choice for families as it is completely protected by its reef. Located at the extreme eastern point of the island, on the road to Long Bay, is Indian Town.

Attention: See our note on Barbuda, page 22-23.

Beaches of Barbuda: The best-kept secret of the Caribbean is the smooth coastline edged with alternating pink and white sand beaches, protected by barrier reefs on the island of Barbuda. The nearly

246

deserted beaches have a rich marine life environment, offering tourists the opportunity to enjoy excellent diving, snorkeling, fishing, and bird watching.

Though most of Barbuda’s beaches are composed of fine white sand, a few are noticeably different.

These are the striking pink “sand” beaches created from the tiniest of pink shells, the color of cotton candy, that are washed ashore in various coves.

Conference and Business Tourism Antigua & Barbuda has a variety of accommodation options available to host conferences. All Antigua & Barbuda’s hotels offer professional services for successful meetings and incentive trips.

More hotels with conference facilities are presently under construction. They will allow the country to promote the destination as one that can attract business from the lucrative “meeting, incentives and conference events” (MICE) market.

The Ministry of Tourism envisions the country hosting local, regional and international conferences within the next two years, capitalizing on the opportunity for business travelers to vacation with their families. The country, however, continues to be primarily a leisure destination.

www.ebizguides.com

Tourism

250,000

Why Visitors Come to the Islands Purpose of Visit

200,000 150,000 100,000 50,000 2 2015

Vacation 196,950

Business 6,969

V.F.R. 32,757

Study 2,176

Other 11,598

2014

198,738

6,474

29,880

2,360

11,864

Eco-Tourism Antigua & Barbuda has adopted a strategy with objectives and an action agenda to ensure that Antigua has a completely sustainable tourism program and that Barbuda remains the ‘greenest’ island in the region.

Antigua’s smaller sister island, Barbuda, which is just 15 minutes away from Antigua by plane, is one of the few Caribbean islands that maintain a Robinson Crusoe charm.

Barbuda is already one of the most environmentally healthy islands in the region and is being developed as a totally “green” destination.

In Antigua, the island’s south-western quadrant has been declared a “Green Corridor.” With many hotels along Antigua’s south west coast, Antigua’s Green Corridor will stretch from Sugar Ridge Resort and

Spa, going through Fig Tree Drive with views of Antigua’s highest peak and Antigua’s Rainforest Canopy tours, and end in the village of John Hughes.

Major Tourist Attraction in Antigua & Barbuda Antigua offers a wealth of activities and attractions for visitors interested in exploring beyond the island’s beautiful beaches. With its relatively flat landscape, the island’s 365 picturesque beaches, attractions, and activities are no further than a 45-minute taxiride. Some of the major tourist attractions include: Dockyard Museum: The Nelson’s Dockyard Museum is laid out within the Naval Clerk’s House in the Centre of Nelson’s Dockyard, highlighting its history and serving as a center for archaeological environmental and historical research in Antigua.

One of Antigua’s many hummingbirds.

www.ebizguides.com

247

Tourism

Nelson’s Dockyard is considered Britain’s best colonial Caribbean legacy.

Shirley Heights, English Harbor: This array of gun emplacements and military buildings is best known today for the breathtaking views that it offers.

St. John’s Anglican Cathedral: Visible from around the capital, it is regarded as one of Antigua’s national monuments.

Museum of Antigua & Barbuda: Originally opened in 1985 in the old St. John’s courthouse, the Museum of Antigua & Barbuda holds exhibits which tell Antigua’s story from its geological origins to its political independence.

Betty’s Hope: It was the first large sugar plantation on Antigua, and its success led to the island’s rapid development of large-scale sugar production. The twin towers at Betty’s Hope are the only twin towers on the island, which has about a hundred stone windmill towers dotting the landscape.

Devil’s Bridge: Located at the eastern tip of the island in Indian Town National Park, where Atlantic breakers have carved out a natural limestone arch, Devil’s Bridge, offers one of the most spectacular sights on the island. Guided tours of the site are available.

For nature lovers: Barbuda is home to the largest Frigate Bird Sanctuary in the world, where you can

St. John’s cathedral was built in 1845.

248

www.ebizguides.com

Tourism

The Devil’s bridge is a natural wonder worth visiting in the east coast of Antigua.

Betty’s Hope sugar plantation is more than 300 years old.

watch these colorful birds in their natural habitat.

Turtle watching is also possible, during nesting season between June and October.

Cruise Tourism In 2015, 73% of visitors arrived by sea, accounting for the 16% increase in the number of visitors from the previous year, while the remaining 27% was by air, which shows the importance of cruise tourism for the Antiguan economy.

Total Number of Inbound Tourists (arrivals by air and by sea) 1000 800 600 Total Sea Air

400 200

2010

2011

2012

2013

2014

2010 2011 2012 2013 2014 2015

www.ebizguides.com

2015

% change 2014-2015

Air

229,943 241,331 246,926 243,219 249,316 250,450

0%

Sea

583,521 650,840 600,213 550,645 540,264 662,848

23%

Total 813,464 892,171 847,139 793,864 789,580 913,298

16%

249

Tourism Fort James is was built in 1739 to guard St. John’s harbor.

Fort Berkeley, English Harbor, Antigua.

Fort Berkeley, English Harbor, Antigua.

Project of the future cruise terminal in St. John’s harbor.

The cruise industry within Antigua & Barbuda has received a rejuvenated focus, as the government has made it a key part of its destination strategy to position Antigua & Barbuda as the marquee destination within the Eastern Caribbean for cruise visitors across all cruise-line partners.

250

Antigua & Barbuda is actively pursuing opportunities to be a home port with several European-based cruise lines, to diversify its cruise ship offerings.

www.ebizguides.com

Tourism

MAIN ENTITIES Antigua & Barbuda Tourism Authority (ABTA) Mr. Colin James Chief Executive Officer High Street St. John’s, Antigua Tel. (+1 268) 562 7600 info@aandbtourism.com www.visitantiguabarbuda.com Activity of the company: Tourism The Antigua & Barbuda Tourism Authority (ABTA) comprises several offices located in key source markets. The ABTA head office is located in St. John’s, Antigua while there are offices in New York, Canada, and London.

The ABTA plays an essential role in the marketing of the twin-island paradise of Antigua & Barbuda. The ABTA is responsible for the marketing and promotion of the destination, as well as the advancement and development of additional air and sea lift to drive the tourism industry of Antigua & Barbuda.

One of the main objectives of the ABTA is to identify and work to meet the needs of all of its industry stakeholders. ABTA’s mission is the consistent delivery of a superior marketing effort to improve visitor arrivals that are defined against a backdrop of a firstclass visitor experience.

BLUE WATERS Mr. Alistair Forrest General Manager Soldier’s Bay, P.O. Box 256, St. John’s Antigua Tel: (+ 44) 870 360 1245 / (+1 800) 557 6536 alistair@bluewaters.net www.bluewaters.net Activity of the company: Hospitality Date of creation: 1960 The Blue Waters Beach Hotel opened its doors in 1960, making them one of the longest established resorts on the island. At that time, it was owned and

www.ebizguides.com

operated by Mr. Osmond Kelsick, who had the distinction of being the only Antiguan squadron leader in the Royal Air Force during World War II. By 1984, Blue Waters had grown to 45 rooms, and it was sold to Englishman Mr. Ronald Randall, who had fallen in love with the property while vacationing with his family. Today, Mr. Randall and his family work closely with the management team to ensure Blue Waters maintains its welcoming atmosphere that can only be achieved in a family owned property.

Blue Waters is the idyllic tropical paradise every person dreams about. Over the years, Blue Waters Resort has earned an enviable reputation as being one of the Caribbean’s finest resorts and prides itself on delivering a first-class service to its guests.

With several freshwater pools, secluded beach coves and 17 acres of stunning tropical gardens, Blue Waters is at the forefront of luxury living.

Over the years Blue Waters has won multiple awards, including the World Travel Award for the Leading Hotel in Antigua & Barbuda, and Queen’s Diamond Jubilee Award for its contribution to the island.

Of the many repeat guests that return to Blue Waters year after year, most would agree that while many improvements have been made at the resort, Blue Waters still retains the same charm it had over 50 years ago.

CARLISLE BAY Mr. John Rogers General Manager Carlisle Bay, Old Road, St. Mary’s, Antigua Tel: (+1 268) 484 0000 Fax: (+1 268) 484 0001 info@carlisle-bay.com carlisle-bay.com

Activity: Hospitality Date of creation: 2004 Carlisle Bay is a luxury resort looking out over white sand, palm trees and turquoise water, with a backdrop of emerald green rainforest. Sophisticated and contemporary in style, this modern Caribbean classic on Antigua’s south coast is instilled with genuine West Indian conviviality.

251

Tourism The accommodation is designed to welcome both families and couples to a holiday in peace. Both kinds of travelers have a dedicated end of the resort, which allows for everyone to enjoy the tranquility of the spectacular beach.

The resort is made up of 82 contemporary suites, all with ocean views. Some suites work best for couples; others are for families, with a relaxed contemporary design retained throughout.

The architecture is in the Caribbean vernacular with plantation shutters painted a cool gray against which the palms, lawns, and forest appear all the greener.

Hammocks hang from the trees.

By day, every room is filled with the sunshine from seafacing, floor-to-ceiling windows opening onto private terraces. Many rooms lead directly onto the beach.

Others have a lawn and far-reaching ocean views.

■ All our suites include the following: ■ Garden suites ■ Ocean suites ■ Bay suites ■ Beach balcony suites ■ Beach terrace suites ■ Carlisle suites ■ Day bed on every balcony and terrace ■ Individually controlled air conditioning ■ Ceiling fans ■ Telephone with direct international dial ■ Full HD LCD TV with satellite channels ■ Docking station, DVD and CD players ■ Complimentary WiFi ■ In-room safe ■ Daily fresh fruit ■ Complimentary bottled water ■ Fully stocked mini bar ■ Espresso machine ■ Hairdryer and bathrobes ■ Green Park by Molton Brown luxury bathroom products ■ Turndown service ■ 24-hour room service ■ Express overnight laundry and dry cleaning ■ Yoga mat

252

CURTAIN BLUFF Mr. Rob Sherman General Manager Old Road, P.O. Box 288 Antigua Tel: (+1 268) 462 8400 curtainbluff@curtainbluff.com http://curtainbluff.com Activity of the company: Hospitality Date of creation: 1962

A place like Curtain Bluff doesn’t happen overnight.

It takes time, careful growth and, most of all, personal devotion.

In the late 50s, Howard Hulford began looking for a perfect piece of land in the Caribbean on which to build a quiet sanctuary for his family and friends.

He finally found it on the south coast of Antigua and, in 1962, opened a 22-room resort, naming it after the bluff (rocky promontory) that separates its two beaches. Since then, Curtain Bluff has grown, constantly improving, adding rooms and facilities to become the world-class resort it is today.

But the resort has never lost its original intimacy and charm. Howard lived there until his death in 2009, and his wife Chelle still lives in Bluff House, greeting guests like old friends and hosting the resort’s weekly cocktail party at her home. Rob Sherman has managed the resort for the last 25 years. The other 211 members of staff, mostly from the village of Old Road just outside the resort’s gates, are an extended family.

A similar loyalty can be found among the resort’s guests, many of who are “repeaters,” returning year after year and thinking of Curtain Bluff, not as a resort, but as their island home. Young couples come here to start their married life together, planning their ceremony with the help of our wedding coordinator or choosing Curtain Bluff as the perfect place to honeymoon. Families love the resort for its mix of friendly staff, manageable scale, and everythingincluded affordability.

To understand Curtain Bluff’s unbeatable value just look at what’s included in the room rate. Guests get everything they could want in an outstanding vacation and, from arrival to departure, there is no need to pay a penny extra.

www.ebizguides.com

Tourism

www.ebizguides.com

253

Tourism

View of English Harbour and its marinas from the sky.

Included in the room rate: ■ Accommodations ■ All meals and drinks, including room service and mini-bar items

■ All water sports facilities and activities including swimming pool, twice daily snorkeling trips to Cades Reef, scuba diving (for certified divers only), waterskiing, wakeboarding, kayaking, windsurfing, hobie-cats ■ All land-based activities including tennis, squash, bocce, shuffleboard, basketball, golf (putting green) ■ Beach lounges, sun chaises, hammocks and sun floats ■ Exercise facilities fully equipped exercise room ■ Aerobics classes, yoga and pilates ■ Golf Putting Green and equipment ■ Concierge service

Falmouth Harbour Mr. Robert Reis General Manager Falmouth Harbour Marina P.O. Box W 792 English Harbour, Antigua Tel: (+1 268) 460 6054 Fax: (+1 268) 460 6055 falmar@candw.ag www.antigua-marina.com Activity: Marina services Antigua’s Premier Mega Yacht Marina.

254

In pristine condition and regularly upgraded, their main facilities are container storage, dockage facilities, concierge services, and nearby accommodation.

Located on the English Harbour main road, Falmouth Harbour Marina has been specifically designed and built to cater for mega yachts, with unparalleled dockage facilities in the region, Boats of up to 330’ with a draft of up to 20’ both stern to and alongside can be accommodated.

In addition, Falmouth Harbour marina is the only Marina in the English Harbour area where your service containers can be kept withing the secured premises, making it the perfect base for campaigning yachts through the season.

Other facilities include wide drive-on docks for easy access by VIP guests and convenient provisioning; the supply of ultra-low sulfur diesel anywhere on the dock; electricity, water; garbage disposal & recycling; round the clock security; parking; and a container park; providing a complete service for the yachting industry.

Set in the heart of Falmouth Harbour, shops, bars and a variety of restaurants along with extensive marine services are at walking distance. Falmouth Harbour Marina is also located within two minutes from historical Nelson’s Dockyard, which is a World Heritage Site.

Personalized service is the hallmark of Falmouth Harbour Marina.

www.ebizguides.com

Tourism

www.ebizguides.com

255

Tourism HALCYON COVE BY REX RESORTS Mr. Riaan Thiart General Manager Dickeson Bay, St. John’s, Antigua Tel: (+1 268) 462 0256 reservations@hch.rexresorts.travel http://rexresorts.com/antigua/halcyon-cove/ Activity: Hotel Date of creation: 1960 Every Rex resort is located directly on a fabulous beach, and the uniquely fascinating Halycon Cove is no exception. It is, in so many ways, the dream Antigua vacation hotel, offering you the perfect opportunity to enjoy a refreshing swim before breakfast or a romantic stroll along the shore by night, all at an affordable price.

Protected by a mile-long coral reef, the spectacular beach at Dickenson Bay is one of the best in Antigua. Boasting a lively, but the laid-back ambiance, this family friendly hotel is set within beautifully tended gardens opening directly on to the stunning sandy beach.

The resort has two Garden Rooms suitable for guests with mobility disabilities which are located on the ground floor.

256

Among its range of services, the resort offers: ■ Rexplorers: available for 4 to 12 years old, Monday to Friday from 10.15 to 12.30, and 14.15 to 16.00 (except public holidays), by request only.

■ Babies & Toddlers: high chairs and cots, and assistance to prepare food and milk.

■ Babysitting: babysitting services can be arranged.

These are paid for locally, and 24-hours-notice is required.

All-Inclusive Enjoy the all-inclusive option, offering buffet breakfast, lunch, afternoon tea & dinner. Cocktails, house wines, local beers & soft drinks served until late.

Entertainment Relax & unwind with the regular entertainment, live steel pan, local bands as well as karaoke evenings.

Restaurants The Arawak Terrace is an informal restaurant serving buffet breakfasts.

The Beach BBQ is an open air relaxed dining area offering fresh grills & buffet style lunch by the sea.

The Warri Pier Restaurant extends into the Caribbean Sea offering diners a unique experience, watch the fish swim while enjoying fine dining à la carte.

The Carib Bar opens throughout the day, and late into the evening serves up refreshing drinks by the beach.

Palm trees are the best spot to find shade on a hot day at the beach.

www.ebizguides.com

Tourism

www.ebizguides.com

257

Tourism INVESTMENT AUTHORITY (TOURISM) Antigua & Barbuda Investment Authority P.O. Box 80, Sagicor Financial Center, #9 Factory Road, St. John’s, Antigua Tel: (+1 268) 481 1000/1/2/3 Fax: (+1 268) 481 1020 info-abia@ab.gov.ag http://investantiguabarbuda.org/ investment-opportunities/ diversified-tourism/ Activity: Investment promotion Date of creation: 2006 Antigua & Barbuda is aiming to build on its traditional strengths with, for example, an immediate investment opportunity for a new five-star ‘non-resort’ luxury business hotel. Under the country’s Tourism Development Strategy a wide variety of specific business opportunities have been identified across the islands. A sampling of some of these business opportunities are: ■ Sailing/yachting ■ Health and wellness tourism ■ Ecotourism and nature tourism ■ Cultural and heritage tourism

Aerial view of St. James club.

In addition, new opportunities are opening up for increased investment in more diversified activities related to tourism such as:

Fort James The business opportunity arises from the fact that the site is ideally suited for the development of a Day Time Resort to serve the local population, cruise passengers, and both business and tourist hotel guests. It also offers good potential for residential units on site as well as for a new marina.

Fort St. James’ wonderful view at sunset.

258

www.ebizguides.com

Tourism St. John’s Harbor A privately-owned (Ryan Property) water-front site of two acres (0.8 hectares) located adjacent to the Cruise ship terminal offers good potential for a branded business hotel with conference facilities as part of the redevelopment strategy for the urban core and cruise ship port.

Deep Bay Deep Bay is a backbone project of the country’s Tourism Development Strategy, integrating several key themes. This aims to combine both government and private properties, to create an integrated development, with Marina facilities, associated mixed-use marina village, and the Fort restoration connected to a local Park & Day Beach. A further business opportunity exists to complement these amenities with a new branded 5-star Hotel, with branded and non-branded villas located along the beach, lagoon, and hillside.

Mount Obama National Park Located amid a bulge of hills in the less developed southwest coast area of Antigua, Mt Obama National Park covers 2,500 acres (1,000 hectares). A good business opportunity exists for investment in a

www.ebizguides.com

boutique hotel to accommodate visitors to the Park.

Mt Obama is envisioned as the premier Ecotourism destination on the island, and the key to diversifying Antigua’s identity.

Galleon Beach Galleon Beach is a magnificent property shaped like a natural amphitheater, with spectacular views over Freeman’s Bay and the anchored yachts. It is considered a key site within the Tourism Strategy to further develop the best of Antigua’s high- end tourism, and to provide much-needed lodging in English Harbor. The business opportunity is for the development of a high-end boutique hotel with a residential component to form a ‘one-of-a-kind’ high-end resort.

Islands Paradise Resorts The Tourism Development Strategy seeks to position the islands as a sustainable development destination that will serve to protect, enhance and manage the rich natural resources in the area. The business opportunity is for a low-density golf and yachting community, with luxury boutique hotel, villas, and estates, planned with sustainable development criteria.

259 St. John’s harbor welcomes the biggest cruise ship of the market.

Tourism ISLAND PROVISION: BEST CELLARS WINES & SPIRITS Mr. Terry C. Brown Managing Director Sir George H. Walter Highway, P.O. Box 898 Antigua Tel: (+1 268) 480 5183

Island Provision Food Distribution responds to the daily and increasing demand of provisions in Antigua & Barbuda. Island Provision Food Distribution’s aim is to bring excellence by providing first class fresh and frozen meat and fish, and a huge stock list of items daily. It is also the only licensed, certified Angus beef distributor in Antigua, and the exclusive importer for Pepsi Cola, Sobe Adrenalin Rush, Tropicana and Pine Hill juices.

info@islandprovision.biz www.island-provision.com

Activity: Trade Date of creation: 1981 The company has grown steadily through 35 years and now employs around 100 employees among their different services:

Best Cellars Wines and Spirits is the quintessential source of fine wines and spirits in Antigua & Barbuda. At Best Cellars Wines & Spirits, it is all about the fine wines of the world. From the best terroirs in France, Italy, and Spain, throughout North and South America ‘s best wineries, and all the other fine wine regions of the world, they are proud to carry no less than 600 different wine labels! They have wines to please every palate and enhance every meal. Their mission is to bring to you the greatest wines of this

Delicious cocktail to enjoy after a swim at Jolly beach.

260

www.ebizguides.com

Tourism

Jolly Beach all-inclusive resort is among the biggest of the island.

World! They travel to all continents to trade shows.

Gourmet Basket Supermarket offers a tantalizing array of the finest quality of fruits, vegetables, black Angus beef, frozen fish and seafood, local meats, as well as a great range of hard-to-get items such as gourmet sauces and spices. Gourmet Basket Supermarket is stocked with premium products from around the world and has become the favorite of many shoppers. Gourmet Basket can also provide you with lovely gift baskets filled with your favorite wine, or sparkling cider, chocolates, fresh fruits and more.

“We have world-class food & beverages experience. We have anything you are looking for, or we can get it for you within a reasonable time.

“One of the things that is going to make a difference in Antigua is the yachting sector and we are looking heavily into that.”

Mr. Terry Brown Managing Director

www.ebizguides.com

JOLLY BEACH RESORT Antoine Brown General Manager Bolans Village Antigua Tel: (+1 268) 462 0061 reservations@jollybeachresort.com www.jollybeachresort.com

Activity: Hospitality Set among 40 acres of lush tropical gardens, Jolly Beach Resort & Spa is Antigua’s largest all-inclusive resort with 464-rooms with private balconies and stunning views where to enjoy the warm sun and the Caribbean Sea breeze—a quintessential part of a tropical island experience.

261

Tourism Jolly Beach Resort & Spa has six different all-inclusive accommodation options, ideal for everyone from budget travelers to honeymooners and families.

All-inclusive packages are the perfect solution for a fully relaxing and stress-free holiday on the beautiful island of Antigua.

It offers five restaurants serving delicious dishes from Italian classics and authentic Indian to grilled catch-of-the-day and jerk chicken. In addition to the buffet and la carte restaurants, there is the Courtyard for Afternoon Tea every day at 4:30 p.m., a scrumptious pick-me-up and an opportunity to catch up with family friends and socialize with guests from all over the world.

and numerous historic ruins. An estimated 125,000 individuals and 3,600 yachts visit the park annually.

The regulation of the sector is a necessary step that allows streamlining the development of the sector.

Under the provision of the National Parks Act, a number of clauses were designed to provide a lasting legal framework for a park system in Antigua & Barbuda. It has several key sections that include: ■ The Park Boundary, ■ Economic Development and Tourism, ■ The Future Land Use Framework, ■ Interpretation Plan, ■ Investment Programme.

National Parks Authority Mrs. Ann Marie Martin Parks Commissioner Officer’s Quarters, Nelson’s Dockyard English Harbour, Antigua Tel: (+1 268) 481 5021/22/28 Fax: (+1 268) 481 5030 info@nationalparksantigua.com www.nationalparksantigua.com

Activity: Tourism Date of creation:1984 In Antigua & Barbuda, the National Parks Authority (NPA) is responsible for the preservation, protection, and restoration of the special features that make the twin-island stand out from all others in the region. It was created in 1984 as a ‘self-financing Crown Agency to operate and manage national parks in Antigua & Barbuda.’ National parks of Antigua & Barbuda have received over 100, 000 visitors who come to enjoy the fauna, beautiful beaches, historic sites, high-end restaurants and bars and shopping. NPA has successfully navigated the tumultuous economic conditions with revenues of approximately EC$ 11.5 million in 2014 while keeping expenditures in line with revenue.

The core of the National parks is Nelson’s Dockyard dating from the 17th-century naval dockyard.

This Park has an extension of 15 square miles including the Great Fort George, military cemeteries,

262

Added to its natural value, it hosts some of the finest yacht charters shows in the world and also the world’s largest fast net race, Caribbean 600. Additionally, the annual Antigua Sailing Week, the Antigua Classic Regatta, Nelson’s Pursuit and the Super Yacht Challenge place Antigua & Barbuda at the head of the sailing panorama of the whole Caribbean.

The two main competitive advantages the NPA is offering are the creation of a Sustainable Development Plan and a self-sufficient entity that would play a key role in creating the necessary synergies. Commercial activity is authorized by the Act with approximately 120 registered businesses within the area that contribute to the economic development of the park and the national economy. Section 12(1) of the Act authorizes the authority in: ■ The provision of working capital; ■ The fulfilling of the functions of the authority under the Act; ■ The provision of capital for the expansion of and addition of fixed assets; ■ The redemption of any debenture or debenture stock or other security that the Authority is required or entitled to redeem; Any other expenditure is properly chargeable to capital account.

The Antigua & Barbuda Department of Marine Services is providing NPA with the technical assistance for the plan, such as an updated satellite imaginary of both harbors, while NPA provides the financial resources and accommodation as its contribution to the plan.

www.ebizguides.com

Tourism

www.ebizguides.com

263

Tourism NONSUCH BAY Mr. Cameron Fraser General Manager East Coast, Antigua Tel: (+1 268) 562 8000 cwfraser@candw.ag www.nonsuchbayresort.com Activity: Hospitality Date of creation: 2010

Located on the secluded, unspoiled Nonsuch Bay in Antigua is one of the most luxurious and modern allinclusive Caribbean resorts. The resort caters both to couples and families and is the perfect destination to relax and unwind or to have an exciting vacation with active water sports and adventurous boat trips to pristine neighboring islands.

Nonsuch Bay Resort consists of forty spacious, wellappointed suites and beach front cottages with large shaded balconies offering lovely views of the tropical coastline and beautiful turquoise sea. Their single

room deluxe suites and premium beach suites are ideal for couples and honeymooners on a romantic getaway. Their two and three-bedroom suites and Premium beach front cottages are suitable for families and larger groups. Three Luxury Caribbean Villas are also available for those looking for a lavish accommodation for a very special occasion. All rooms include air conditioning, free high-speed Internet, wide-screen television with cable channels and very plush furnishings and bedding.

The resort boasts a private on-site beach as well as five deserted beaches on nearby Green Island which is a short boat ride offshore. A wide variety of beach activities is offered including a fleet of elite dinghies, keelboats, hobie cat sailing, kayaking, and snorkeling. Kite surfing and windsurfing are also available.

There is also the option to simply lounge the day away under a beach parasol, soaking up some sun and enjoying our exotic tropical cocktails.

At the bay is the on-site restaurant which serves buffet breakfast, lunch, and a la carte dinner daily. The cuisine is varied and international with an excellent selection of local seafood and other dishes.

Book Nonsuch Bay Antigua today and escape to one of the best all-inclusive Caribbean resorts for couples, families and water sports lovers.

Nonsuch Bay Restaurant proposes a daily gastronomic “A la carte� dinner.

264

www.ebizguides.com

Tourism

Antigua has been voted “Caribbean’s most romantic destination of 2016” by World Travel Awards.

www.ebizguides.com

265

Tourism

266

www.ebizguides.com

Tourism

www.ebizguides.com

267

Tourism OCEAN POINT Mrs. Elena Morini Owner Hodges Bay Main Road St. John’s, Antigua Tel: (+1 268) 562 8330 info@oceanpointantigua.com www.oceanpointantigua.com Activity: Hospitality Ocean Point Resort and Spa, built in Mediterranean style, is located in the Hodge’s Bay area, just a 10 minutes-drive from St.John’s, five minutes from the golf course of the Cedar Valley and seven minutes from the V.C. Bird International Airport..

Ocean Point Resort and Spa is ideal for travelers who want to discover the island and its 365 beaches, and for business travelers.

It offers a large outdoor pool, a massage center facing the ocean, two nice beaches, a jetty for mooring boats, free internet access and free parking.

The rooms are decorated in Mediterranean style —very bright—and they are all equipped with a 32inch flat screen TV, a private verandah or balcony, a fridge, kettle and tea/coffee facilities. The rooms are for a maximum of two people with a double bed or two single beds.

Laundry facilities available on site as extra service.

Sottovento Beach Club is an enchanting beachfront restaurant & bar just a few steps away from the sea.

Beach on Ocean Point Resort & Spa.

268

www.ebizguides.com

Tourism The restaurant is buffet style and is open every day for breakfast, lunch, and dinner while Sottovento Beach Club à La Carte Restaurant is open for lunch and dinner, and reservation is suggested.

The menu is an Italian medley with Mediterranean influences, and the dishes have a seasonal flavor prepared using local fresh products, fish, seafood, vegetables, fruits, and salads.

At the bar, you can enjoy cocktails, soft drinks and a very good selection of wines and beers: the atmosphere is cozy and informal.

Sottovento Beach Club Restaurant & Bar may be reached by boat with dock mooring available to guests.

The resort is for adults only (minimum guest age 16 years old).

Swimming pool and sea view from Ocean Point Resort & Spa.

St. James Club Mr. Antoine Browne General Manager Mamora Bay, St. Paul’s, Antigua Tel: (+1 268) 460 5000 gm@sicantigua.com http://www.stjamesclubantigua.com/index.html

Activity of the company: Hospitality St. James’s Club Resort & Villas invites couples, families, and groups to enjoy quality time together in a fun, laid-back Caribbean setting. Lushly landscaped grounds sweep down to two beautiful whitesand beaches: Mamora Bay Beach, and Coco Beach on the aquamarine Atlantic.

All accommodations provide a sense of privacy and oneness with nature, whether you opt for a villa in “The Village” area, which tumbles down a gently sloping hillside towards the beach, or a room in “The Club,” near the resort’s restaurants and activities. Accommodation choices include spacious villas, suites and hotel-style rooms with stunning water views or serene garden settings.

Four restaurants range from casual waterside dining to romantic settings with panoramic views and eclectic menu offerings to please every palate. Wind down with a cocktail and listen to a live band; take in lively entertainment.

St. James’s Club & Villas is set in one of Antigua’s posh areas, yet the ambiance is low-key and comfortably casual. Here, it’s easy to disappear from the world or to fill your days with outdoor-oriented activities, including tennis, water sports, deep-sea fishing or joining in the games for kids of all ages.

Car rental is available to explore the island’s sightseeing historical sites. Savor the local Caribbean cuisine or shop in historic St. John’s all only 30 minutes from the resort by car, as is Antigua’s international airport.

www.ebizguides.com

269

Tourism ST. JOHN’S DEVELOPMENT CORPORATION (SJDC) Mr. Bernard Percival Chairman Mrs. Carolyn Thomas-Parker City Manager Lower St. John’s, P.O. Box 1473, Perry Bay St. John’s, Antigua Tel: (+1 268) 481 7515 Fax: (+1 268) 481 7551 cthomasparker@hotmail.com stjohnsdevelopment.com

Activity: Development Date of creation: 1986 For over thirty years, the St. John’s Development Corporation has been the catalyst to stimulate business activity for the modern development of the city of St. John’s. St. John’s Development Corporation was established as a statutory body by an act of parliament in 1986 and was given the mandate to enhance the infrastructure, particu-

larly the tourism infrastructure within the designated area.

With the development of Heritage Quay in 1988 St. John’s Development Corporation caused a revolution in the shopping as SJDC produced a plethora of shops of various brand names offering products and services which are second to none. Lester Bird saw the need to develop a facility to grow the cruise tourism sector as well as develop St. John’s city as a brand. Heritage Quay consists of approximately 68 duty-free shops, a hotel casino, and restaurant, bar, and sports bar. The development of Heritage Quay Dockside shops in 2005 has indeed improved the quality of the shopping experience in Heritage Quay as well as the recent addition of shops in the Downtown Development Section of Heritage Quay.

The establishment of St. Mary’s street as a pedestrian mall is another vision of the corporation to be brought alive for their twenty-fifth year. This entails Victorian street lights as well as kiosks and landscape to create a festive and Caribbean environment.

The construction of the Antigua & Barbuda Exhibition and Cultural Center (ABECC), another major project of the corporation built in 1996 through a grant from

Heritage Quay Antigua & Barbuda

Shopping in Paradise P. O. Box 1473, Thames Street, St. John’s Antigua Phone: 481-7501 / Fax: 481-7525 cthomasparker@sjdcanu.com

www.heritagequayantigua.com

270

DUTY FREE

Overlooking St. John’s Harbour, this duty free shopping area offers virtually everything you desire from fine cigars and spirits to fragrances, artwork, leather goods, china, crystal and designer labels including watches and elegant Jewellery.

The complex also houses a hotel, restaurants, a world-class casino, and numerous bars.

Heritage Quay comes alive when cruise ships are docked at the finger piers of the harbour. Enjoy steelband and other local entertainment while you browse through some of the best duty-free shops in the Caribbean. www.ebizguides.com

Tourism

Some of the most famous luxury brands in the world have stores in Heritage Quay.

the People’s Republic of China, has also effected change in the city. This complex provides services for conferences, seminars, meetings, weddings, parties and has been a major venue for every event of significance to Antigua & Barbuda. The ABECC has been host to functions such as the regional meeting of CARICOM heads of Government, ABIB Career Affair and ACB College fair as well as the ICT Fest.

The corporation has been able to provide opportunities for wealth creation through the support of young entrepreneurs to manage and own their own business. In 2001, the St. John’s Development Corporation moved in more than 150 vendors to the Vendors Mall adjacent to Heritage Quay. The facility also comprises twenty-three duty-free shops as well as a food court.

The corporation implemented the development of roads and sidewalks, a repainting project and the upgrading of the cityscape with the installation of the street and directional signs. It has worked closely with the Public Works Department and Central Board of Health to maintain the cleanliness of the city and the public amenities. In 2007, they delivered the first public toilet facility at St. John’s Development car park located on Church Street, and the ABECC car park. The corporation also intends to introduce in the very near future short-term parking through a parking meter system on designated streets to assist in the flow and control of traffic in the city.

Recently, they implemented the Fort James Development located in St. John’s. The site totals approximately 24.45 acres and is characterized by mainly

www.ebizguides.com

flat topography, beautiful panoramic views of the city of St. John’s to the south, and a historic fort.

The implication of the corporation in the development of Antigua also includes community projects.

The St. John’s Development Corporation partnered with the government of Antigua & Barbuda and the Un-Habitat Participatory Slum Programme (PSUP) to identify and agree upon the urban development needs, as well as the capacity building interventions for the city of St. John’s.

SOUTH POINT HOTEL Mr. Jeff Hadid CEO English Harbour, St. Paul, Antigua Tel: (+1 268) 562 9600 info@southpointantigua.com www.southpointantigua.com Activity: Hospitality Like many Antigua hotels, South Point is a privatelyowned, beachfront property with just a handful of luxury suites and a team of exceptional, dedicated staff. Though they share these similar attributes with their peers, their guests enjoy a truly unique experience; a minimalist, modern design coupled with an Italian-inspired philosophy of ‘la dolce vita’ contribute to South Point’s very distinct style. From the monochromatic color scheme to the subtle decor

271

Tourism

Tie up your boat directly to South Point restaurant.

and urban chic vibe, South Point was purposefully designed to contrast—yet complement—its tropical beach setting. Surrounded by such beautiful simplicity, it’s easy to appreciate the moments that make life so sweet.

The relaxed ambiance and incredible location—an oasis in the heart of English Harbour—has established South Point as one of the best Antigua hotels for girlfriend getaways, solo travelers, and those who don’t want to be confined to their hotel. The numerous restaurants, bars, and cafes in the area offer an added element of South Point being the ‘just right’ of Antigua hotels—it puts their guests within reach of the island’s most popular nightlife and entertainment spots, but far enough so those seeking a respite can unwind in peace.

The hotel also caters to families and friends traveling together given their spacious condo-style suites, kitchen facilities, and the ability to interconnect rooms and retract the balcony dividers when a shared balcony is preferred.

Whereas most Antigua hotels are either family-focused resorts or intimate couples-only hotels, their clientele is a mix of leisure and business travelers.

And though the hotel has their own amazing restaurant, they do not restrict their guests to an allinclusive plan.

272

Staying at South Point also means that you are not restricted to just one of Antigua’s beautiful beaches.

Their own small, private beach is a fine option for those who prefer to stay close to home, but for those seeking one of the quintessential Antigua beaches, Pigeon Beach—once named one of the sexiest beaches in the world—is a 5-minute walk from the hotel. It is also easily accessible by paddle board or kayak. Galleon Beach, though 5-minutes away by car, is another must-visit. This picturesque beach is known for its proximity to the Pillars of Hercules, turtle sightings, snorkeling, and darker blue, but crystal clear, waters. Not many Antigua hotels can match the unique attributes of South Point.

SUGAR RIDGE Mr. Vernon A.Jeffers Snr. General Manager Tottenham Park, St. Mary’s, Antigua Tel: (+1 268) 562 7700 Fax: (+1 268) 562 7701 vernon.jeffers@sugarridgeantigua.com www.sugarridgeantigua.com

Activity: Hospitality

www.ebizguides.com

Tourism Sugar Ridge is Antigua’s newest 4-star luxury boutique resort. All 60 well-appointed rooms wrap around an exotic tropical hillside providing undisturbed seclusion. Soak in your own plunge pool boasting views of the Caribbean Sea and the property’s 43 acres of lush indigenous flora and fauna.

First class service and luxurious amenities define every experience at Sugar Ridge. The $ 50 million resort includes two restaurants and lounges, and three pools. Their 2500 sq. ft. Aveda Concept Spa— the only on Antigua—and their 2000 sq. ft. Cybex fitness center are your path to personal wellness and holistic health.

Escape to the white sands of Turner’s beach or Valley Church beach, both secluded oasis with attentive Sugar Ridge staff on hand and just minutes away with the free shuttle.

From its elevated position, Sugar Ridge dominates the Jolly Harbour area and has stunning 360º vistas over the Caribbean Sea, palm lined beaches and the headlands to Five Islands Bay. On the horizon lay Montserrat, Redonda, Nevis and St. Kitts like jewels flung upon the sea.

The development has been master planned by leading Caribbean architects OBM to allow residents privacy, peace of mind and a range of on-site facilities, which are found in `The Village.′ Sugar Ridge also offers 54 fully serviced home sites from 0.33 to 0.84 acres, all with stunning sea views.

These Sugar Ridge homes are of “classic Caribbean” design, mostly of single story construction to blend in with the natural landscape, with high ceilings to take advantage of the tropical breezes and large terraces for year-round outdoor living. Alternatively, you can design and build your own Caribbean dream home.

Sugar Ridge villas can be purchased through the CIP or rented for short stays.

www.ebizguides.com

273

A home away from home‌

OCEAN POINT Resort & Spa

St. John’s, Antigua Tel: (+1 268) 562 8330 info@oceanpointantigua.com / www.oceanpointantigua.com

1

·~

ENTERTAINMENT

Entertainment

INTRODUCTION Antigua is known as a high-luxury tourism destination, and as such, it has a lot more to offer than heavenly beaches and sunsets reminiscent of Monet paintings: leisure is on top of its main attractions.

One can take on deep diving in its crystalline sea, learn how to sail, and do it all around the island with the aim of discovering new secrets places. Inside the island, a hike to discover the country’s highest peaks is well worth the effort, simply to appreciate its beauty.

The delicious gastronomy is another way to discover Antigua and experience the Caribbean culture.

With a sprightly and jaunty nightlife, the island becomes a party spot for people from all around the world. Having one of the most famous and lively carnivals and hosting its annual “Sailing week,” boats from all over the world come to the country with the aim of getting to know the truly Caribbean party spirit.

Antigua’s investment and business opportunities are numerous, but its entertainment options are infinite.

The country and its people are the perfect examples of the Caribbean’s way of life, and they will provide an invaluable lesson: The ability to appreciate and enjoy life to the fullest.

CULTURE Identification Antigua & Barbuda’s culture comes from the Creole culture by the mixing of West African, European and

278

Amerindian. Historically, inhabitants from Antigua came as slaves from Africa for British colonies to work in the fields. A recent study on the population has shown that 96% of the locals come from African ancestors. This variety of culture makes people very open and friendly all around the island.

Independence Antigua & Barbuda reached its independence from Britain on November the 1st, 1981. This was achieved through a progressive constitutional decolonization since 1950 lead by iconic leaders such as Hon. V.C. Bird Sr, from the Antigua Labour Party. Considered as the father of the Nation, Hon. V.C. Bird Sr was the first prime minister. The twin-island belongs to the Commonwealth of Nations, under the Queen Elizabeth II.

Religious Beliefs Christianity is the main religion in the country. In 1991, 32% of the population was Anglican, as the result of the English colonialism, 12% was Moravian, 10% was Catholic, and 9% Methodist. Spread all over the island, you can see many beautiful colonial churches perfectly preserved.

Sports Antigua’s sports heritage is the same as in Britain.

The national sport is cricket, and the government has recently built an international class stadium named after one of its best players, Sir Viv Richards. Cricket is played everywhere on the island, by the younger and

www.ebizguides.com

Entertainment the older, and the country has been training some of the best cricket players of the century, such as Andy Roberts and Richie Richardson.

In addition to this sport, Antigua inherited from the other popular British sport such as soccer and sailing. The sailing week in Antigua is one of the biggest in the world and people from the five continents can compete in different boat’s categories.

Etiquette & Customs Antigua & Barbuda’s citizens are hospitable, and it is considered polite to greet people you meet with the appropriate salutation for the time of day, whether morning, afternoon, evening or night, before beginning conversation.

Clothing For business purposes, the typical western “suit and tie” is not well recognized in Antigua. The Caribbean culture and the warm weather welcome you to a more casual but smart outfit where the tie and the jacket might not be necessary, even when you meet the most influential people of the country (CEOs and even some politicians).

Outside of work, Antigua remains a high-end destination, and it is common if you go to some hotels and airconditioned restaurants to wear a casual but classy outfit. Shorts and swimsuits are not recommended in restaurants apart from the beach bars that you can find in different places of the island.

to live music, wear costumes and more importantly, to dance!

Antigua’s carnival, The Caribbean’s Greatest Summer Festival, takes place on the streets of St. John’s City and at the Antigua Recreation Grounds (ARG), known as “Carnival City” during the celebrations.

At Carnival City, you will find thousands of revelers every evening. Tickets can be purchased at the ticketing booths at the ARG or from stores in the city, before the event. Alongside carnival city, a carnival village emerges, where you can purchase food prepared on the spot, including BBQ chicken, fish, and burgers, as well as other local treats and drinks.

The history of the carnival dates back to August 1st, 1834, when slavery was abolished. People started celebrating their freedom on the streets, expressing their joy and happiness, but it wasn’t until 1957 when Antigua had its first official carnival celebration.

Antigua’s Carnival is held every summer, always between the last week of July and the first week of August, and has been highly anticipated by both residents and visitors since its inception in 1957. In comparison to other islands, Antigua’s Carnival is unique and recognized worldwide for its display of arts, culture, music, revelry, and much more.

Creole local music has been replaced by reggae concerts and beach bands to please the new generation.

Tipping Usually, a tip of 10 to 15% is customary depending on the level of service, although some restaurants and hotels will automatically add a 10% gratuity. If in doubt, just ask.

MUSIC & DANCE Antiguans and Barbudans, as well as the other inhabitants of the Caribbean, are well known to be huge music and dance fans. Today, the Creole local music, such as Calypso and Steel drums, has been replaced by reggae concerts and beach bands to please the new generation of local as well as the foreigner willing for such experiences. It is frequent for some iconic places of the island—Valley Church Beach or Fort St James Beach—to be turned into a gigantic scene welcoming thousands of people wishing to dance to reggae, drum, and bass or rock n’ roll.

The biggest events of the year in Antigua, besides the sailing week, is the Summer Carnival. For this event, people from all different backgrounds gather to listen

www.ebizguides.com

279

Entertainment

Catamaran cruises are available around Antigua.

LITERATURE Antigua is the birthplace of some well-known fiction writers. Among the most famous are Jamaica Kincaid, Elaine Olaoye, Dorbrene Omard and Ralf Prince with internationally recognized novella such as “Annie John,” “The autobiography of my mother,” and more recently “See now then.”

PAINTING Antigua & Barbuda has also emerged as one of the newest hot spots for visual arts in the Caribbean. Artlovers traveling to Antigua & Barbuda will be able to take part in exhibits that reflect the richness of the island’s culture during their stay. St. John’s City, Fig Tree Drive, and English Harbour all have art galleries.

SHOPPING Despite its size, there is a lot of shopping to do in Antigua, since the island has plenty of shops and boutiques to satisfy every need. From the duty-free area of Heritage Quay in St Johns to the Marina of Jolly Harbor, the shopping spots on the island are numerous and with a variety of products and services.

The Heritage complex in St Johns is Antigua’s principal shopping spot. Apart from a wide range of duty and tax-free merchandising, you can also choose between several sports bars and restaurants to enjoy a Piña Colada or a cold beer after an exhausting day

280

of shopping, all without missing the wonderful view of St. John’s Harbour, with giants cruise ships docked at the pier.

English and Jolly Harbour count with several little and charming boutiques as well, all sound rounded by nice and cozy restaurants to have a coffee or grab a bite while enjoying the view of the sea.

Most shops are open Monday through Saturday from 9 am to 5 pm. On Friday and Saturday mornings, the St. John’s Public Market on the southern edge of the city has folk crafts, colorful tropical fruits, and vegetables, fresh fish and meats as well as a buzzing crowd that make for a lively morning.

Along the Friar’s Hill Road on the northern side of the island, visitors will also find a growing commercial district, where they will find restaurants, banks, telecommunication services and other businesses.

IMPORTANT EVENTS/ HOLIDAYS Antigua Sailing Week The Antigua Sailing Week is the premier sailing event on Antigua’s sailing calendar and in the Caribbean.

The event is held annually in Nelson’s Dockyard, beginning on the last Saturday in April, and with a host of parties and food festivals taking place around English Harbour.

The Antigua Sailing week started in 1968 and had become a classic in the region. Today, the sailing week

www.ebizguides.com

Entertainment

Antigua is well known for hosting numerous regattas all along the year.

www.ebizguides.com

281

Entertainment welcomes over 100 yachts annually. Visitors from all over the world wish to race or to take part of the numerous activities proposed during the week, from beach parties to spectacular concerts. This year, the team managed to organize a concert with the internationally recognized Damian Marley singer, gathering thousands of people for the night.

Upcoming dates: 2018 – April 28th – May 4th 2019 – April 27th – May 3rd 2020 – April 25th – May 1st

Antigua Classic Yacht Regatta Held annually in April, the Antigua Classic Yacht Regatta has seen close to 60 classic yachts converge in Nelson’s Dockyard for this event. The four days event is well-established on the Antigua yachting calendar and is internationally recognized.

Barbuda Carnival The island’s carnival always runs over the Whit weekend and includes five days full of pageantry, dance, calypso, and fun.

Antigua Carnival The highlight of Antigua’s musical year has to be carnival which runs for 10 days from the end of July until the first Tuesday in August. The colorful mix of shows, music, parades, and parties are part of this annual celebration marking the end of slavery on the island. There are numerous events including a chil-

dren’s carnival, calypso, steel pan and soca monarch competitions.

Most of the activity takes place around the capital, St. John’s and the streets come alive on Carnival Monday when hundreds of people fill the streets early in the morning with masqueraders, sometimes covered in mud and paint, jamming to an iron band and the music of popular soca artistes. On the afternoon of Carnival Monday and then on Carnival Tuesday, they return dressed in extravagant costumes and parade along the streets.

Antigua & Barbuda Independence Celebrations Antiguans and Barbudans celebrate their independence on November 1st each year. The weeks leading up to Independence day is the best time of year to experience the culture of the country, with a range of traditional food on sale at street fairs, dramatic performances, and musical events and ceremonial parades taking place throughout the island.

Public holidays ■ NEW YEAR’S DAY – This is a day of relaxation and for family and friends to get together wish each other well for the new year.

■ GOOD FRIDAY – As this is a major religious holiday, most people in Antigua will attend church.

■E ASTER MONDAY – Another day for relaxation often at the beach. A tradition in Antigua, as well as the rest of the Caribbean, is kite flying on Easter Monday, so you will often find kite flying gatherings around the island.

■ LABOUR DAY – The day to celebrate all our hard work. Each political party in Antigua organizes a huge bash by one of the many beaches on the island. The party includes lots of food, drink, socializing and evening concerts of local and international artists.

■ PENTECOST/WHIT MONDAY – A day to get together with family and friends and maybe bring a picnic or barbeque on the beach.

■ INDEPENDENCE DAY – Food fairs, sports competitions, dance festivals, art and craft exhibitions and even kite flying contests take place across Antigua during the month-long run-up to Independence Day. Look out for the schools, offices and government buildings festooned in colorful decorations for the occasion and people dressed in the national colors.

On Independence Day itself, there is always an official address to the nation by the Prime Minister of the island and a ceremonial gala parade at the Antigua Recreational Ground.

There are numerous events in St. John’s,

including a children’s carnival.

282

www.ebizguides.com

Entertainment

Costumes are a big part of the Carnival party.

www.ebizguides.com

283

Entertainment ■ NATIONAL HEROES DAY – Day to commemorate the life of the late V.C Bird, first Prime Minister of Antigua & Barbuda and its other national heroes.

■ CHRISTMAS DAY – Christmas is a family holiday, so locals cook and spend the day at home welcoming visitors. For visitors from far away who don’t have family on the island, there is a Champagne Party on Nelson’s Dockyard.

■ BOXING DAY – The beach is a favorite activity on Boxing Day. ■ SEASONAL EVENTS ● Cricket Season: January – July ● Netball Season: January – July ● Volleyball Season: January – December ● Horseracing Season: January - December ● Basketball Season: February – July ● Cycling Season: February – November ● Turtle Watching Season: July – October ● Football Season: August – February ● New Exhibitions at the Museum of Antigua & Barbuda: May – December

GASTRONOMY With a simple agriculture based on cotton, bananas, coconuts, cucumbers, mangoes, sugarcane and livestock, Antigua imports most of its food. Even the simplest dishes such as jerk chicken with rice that you can find in every corner of the island are not cooked with

domestic products. Chicken is mostly imported from Brazil and the rice from different parts of the world.

Independent restaurants offer an authentic island cuisine. Get off the beaten track to sample national favorites, savory ‘salt-fish’(codfish) and sweet ‘ducuna’ (a blend of sweet potato and coconut) or fungee (cornmeal based) and pepperpot (with spinach, aubergine, and okra).

In addition to this local creole cuisine, some American fast food restaurants have begun to appear in recent years, such as Kentucky Fried Chicken.

More importantly, Antigua & Barbuda is well known to be a nation of conviviality, where the inhabitants gather around a barbeque during their day off. In such occasions, Antiguans bring all the necessary equipment (drinks, tables, tents, prepared food, etc.) to different areas (can be a beach or alongside a road) to spend the day cooking jerk chicken and corn on the grill and to welcome anyone willing to share a good piece of food in exchange for a few Caribbean dollars and the pleasure to discuss with a smiling group.

On the other hand, well known to be a high luxury location, Antigua is proud to have an international cuisine all over the island with high-end imported products directly from the best countries of the world such as Italy and France. From various independent sea view restaurants to the tens of restaurants within the resort, it is easy—though not affordable for all—to experience some of the best international gastronomy in the region.

Chefs infuse their specialty dishes with home-grown flavors such as, the sweet Antigua Black Pineapple,

There is no party, without a big plate of food.

284

www.ebizguides.com

Antigua Pepperpot, at Sheer Rocks.

local English Harbour Rum or Susie’s Hot Sauce, to create a unique and distinct taste of the islands.

Salt and pepper to taste

Some examples of local eating habits

Small pieces of garlic

■ Antiguan Goat Water: A rich, savory soup made from goat meat simmered with onions, peppers, garlic, celery, thyme and cloves and thickened with a slurry of flour and water. Enjoy it with fresh, woodoven bread, golden-fried Johnny cakes or even over steamed, white rice. This Antiguan mainstay is available from numerous St. John’s street vendors.

■ Conch or Seafood Water (Chowder) is another hearty soup made from tender conch or mixed seafood with a variety of aromatics like onions, peppers, and garlic. Antiguan wood-oven bread or Johnny cakes go great with it.

■ A local Antigua & Barbuda breakfast includes: boiled eggs, salt-fish stewed with a tomato base, fried plantain, Johhny cakes, chop-up/salad.

■ Antigua’s Popular Beer is the Wadadli Beer; a new beer crafted in Antigua is also the Lazy Bones beer; Rum – English Harbour Rum or Antigua Cavalier Rum.

LOCAL RECIPES Antigua Pepperpot ■ I ngredients 4 green (fresh) eddo leaves 1 lb. antrobers, few ochro buds 1 lb. ochroes ½ lb. pumpkin 11b salt beef 11b pig snout 1 lb. green papaw: 1 lb. pumpkin 3 table squash

www.ebizguides.com

4 cloves 2 onions 4 tbsps. margarine 4 tbsps. ketchup or tomato paste Chives and thyme 11b spinach 2 cups fresh green peas Any chopped leftover meats or skins and bones of meat.

Oil to fry.

■M ethod Wash all leaves and vegetables in salted water. Peel vegetables and cut into pieces. Cut up eggplant, squash, and leaves with a sharp knife. Soak, wash and cut salted meat into meat pieces. Cook meats in water without salt. Remove and drain. Heat oil. Add salt meats. Fry. Add onion and fresh meats. Fry. Add all vegetables except peas. Stir. Add just enough water to cover and cook vegetables until tender. When vegetables and meat are cooked, add peas. Season to taste.

Fungee ■ I ngredients 2 cups cornmeal 3 cups water Salt to taste 3 ochros (okra), cut into pieces 2 tbs butter (or ¼ cup cooking oil) ■M ethod Bring water to boil with the ochros until they are cooked. Soak the cornmeal in a separate bowl. Remove two cups of water and add the cornmeal to the

285

Entertainment

WHAT TO SEE & DO

A frigate bird at the Frigate Bird Sanctuary.

BEACHES Half Moon Bay Located at about a five-minute drive from Freetown village on the southeast coast of Antigua, during the weekdays you will find this to be the picture of serenity as you descend from the hilltop down to white sands and translucent waters.

Photo: ABTA

Rendezvous Bay

remaining boiling water. Allow the cornmeal to cook slightly (until bubbles are seen).

Using a “turn-stick” or wooden spoon, mix the cornmeal and press to the side of the pot to remove lumps.

Add the oil or butter and remaining water as required.

When the mixture leaves the sides and bottom of the pan, remove from the fire.

Place a teaspoon of butter in a small bowl, place a large spoonful of fungee in the bowl, and roll into a ball. Serve hot.

Sweet Potato Pudding ■ I ngredients 2 cups grated sweet potatoes 1 cup grated coconut 2 cups flour 2 tbsp. margarine Milk to moisten 1 tsp. cinnamon 1 tsp. nutmeg ¼ tsp. cloves ½ tsp. salt 1½ cups sugar (or sugar to taste) ■ M ethod Mix all the ingredients in a bowl. Beat well. Pour into a greased dish. Dot with margarine. Bake test as for cake. Serve with cream or meringue to which guava jelly is added.

286

On Antigua’s coveted south coast is where you’ll discover Rendezvous Bay. Privately held for over 80 years and one of the most spectacular places in the Caribbean, this secret beach is not easily accessible by car: you are in for a 30 to 40min walk. As one of the most stunning and magical beaches in Antigua, It is definitely worth the long walk.

Valley Church Beach Located on the west coast just south of Jolly Harbour, set along a stretching white sandy canvas, Valley Church is a must visit for sun worshippers.

The sea nestles along the beach, offering some wondrous marine life to go and explore while snorkeling amongst relative solitude in peaceful surroundings in one of the lesser crowded coastal fronts.

Ffryes Beach Ffryes Beach is located on the south-western coast.

Comprised of Big Ffryes Beach and Little Ffryes Beach, this picturesque beach features powder white sand and turquoise water a great view of Montserrat on an extremely clear day. Dennis and Sheer Rocks restaurants are located nearby for when you want to take a break from the sun and sand. This area offers accommodations as well.

Deep Bay Deep Bay is located on the western end of Antigua and plays host to one of the finest stretch of beaches in Antigua.

The turquoise bay is surrounded by beautiful undulating slopes and the iconic Fort Barrington, which can be accessed by a short 10min trail. It is also home to a popular diving spot: the ‘Andes Shipwreck,′ located at the entrance of the bay.

Dickenson Bay Dickenson Bay is located on the north coast of Anti-

www.ebizguides.com

Entertainment

Galley Bay Beach boasts white sand beaches and crystal clear blue waters.

gua. It is probably the most developed beach on the island, with hotels restaurants and water sports facilities. It is a popular meeting place. The shallow, calm waters and white sand provide a perfect setting for an active day.

Fort James Fort James Beach located at Fort Bay on the northwest coast of Antigua. It is a popular spot for cruise ship visitors, as it’s only a 5-10 minutes drive from the St. John’s cruise ship dock.

Long Bay Located about five minutes from the village of Willikies at Long Bay on the east coast, Long Bay Beach offers fine white sand and crystal blue waters, making it a great place for snorkeling or just relaxing in the sun.

Darkwood Beach Located on the south-west coast, about five-minutedrive south of Jolly Harbour, Darkwood offers some of the most iridescent seas and white beaches on the is-

Nelson Dockyard’s crowd welcoming a Rowing the Atlantic crew. www.ebizguides.com

287

Entertainment land. Set on a backdrop of hilltops and tropical forestry, the views are both panoramic and spectacular, providing a breath-taking view of Monserrat on clear days.

Jabberwock Beach Located on the north-eastern coast, this beach a more rugged aesthetic feel, as it has suffered the effects of hurricanes in the past.

With the help of concerned visitors, it has been revitalized over the years and is now the perfect location for both body and windsurfing. Laden with palm trees and picnic tables, on the weekends, it is a great place for everyone to enjoy.

Pigeon Beach Located about a 5min drive from English Harbour on the southeast coast of Antigua, Pigeon’s Point beach is a favorite spot for both locals and visitors, and it’s a fun place for snorkeling.

Runaway Bay Runaway beach is a seemingly endless white sand beach on the northwest coast of Antigua. Home to many popular resorts, restaurants, and bars, it is a fun place to discover on your Antigua holiday.

Pigeon Beach in English Harbour.

288

Galleon Beach Galleon beach has some of the characteristic most associated with Antigua: white, powdery sand and surrounded by turquoise sea.

Being one of the trickiest beaches to get to, it can only be accessed by car from English Harbour, or more exotically, via water taxi. Galleon beach is one of the quieter beaches on the island, the best place to relax before exploring the nearby hub of activities and the popular Nelsons Dockyard.

Galley Bay Located near Five Islands Village on the northwest coast, Galley Bay Beach boasts white sand beaches and crystal clear blue waters. If you are fortunate during your visit, you may even witness the hatching of sea turtles which sometimes use the beach as their nesting place.

Morris Bay Beach Morris Bay is located in Old Road Village down the south coast a short way from Turners, right alongside the plush Curtain Bluff hotel.

www.ebizguides.com

Entertainment

Nonsuch bay is considered the best spot for water sports on the island.

Simply pull off the road into the grove of coconut palms at the back of the beach, and you’ll probably find some friendly animals grazing there. The water on this side is often a little cooler if you’re in the mood for a more refreshing dip.

ACTIVITIES Barbuda Spending a day in the sister island of Barbuda is just as magical as spending a day in Antigua. From Barbuda’s Pink Sand Beaches to the Frigate Bird Sanctuary, Barbuda is perfect for visitors in need of the ultimate escape. With a population of around 2000, It is the perfect place to relax, meditate and let go.

Bay has the equipment, people, and environment that will meet your every need.

Conditions at the Resort are ideal for small boat sailing and kitesurfing. The bay, a two square mile area of enclosed water, is protected from the open sea by a barrier reef and is graced by consistently gentle trade winds year-round. Their first-class facilities and equipment include an extensive fleet of sailing dinghies, catamarans and keelboats, a boat dock, kayaks and safety boats.

Their sailing school, 40 knots kitesurfing and windsurfing school, operates from Nonsuch Bay Resort Kitesurfing is widely practiced all around the island.

Sailing, Kitesurfing & Windsurfing With the ability to cruise around on the ocean with nothing but the wind behind you and launch jumps up to thirty feet in the air, you can understand the attraction for so many outdoor enthusiasts.

There are some different genres in kiteboarding, and whichever category you choose to be a part of, whether wakeboarding style, boosting big airs or riding in the surf, Antigua offers conditions for all these, as well as all levels of kite riding, from beginner stages to advanced.

Nonsuch Bay resort is a popular spot on the island for those who love sailing, kitesurfing, windsurfing and all other forms of active water sports. Whether you are an expert sailor or surfer, just a hobbyist or an amateur seeking to learn and gain more experience, Nonsuch

www.ebizguides.com

289

Entertainment Dockyard for various yachts and ships throughout the year. The buildings on the site have been fully restored and are used to house amenities such as shops, hotels and marina businesses.

The site has hiking trails that allow visitors to view the park’s beautiful scenery. There are several activities for guests to enjoy including the Dockyard Museum, which provides information and holds artifacts relevant to the history of Nelson’s Dockyard.

Shirley Heights Nonsuch Bay resort has one of the best sailing schools on the island.

and offers kiteboarding, stand up paddle board and windsurfing instruction and equipment rental. 40knots also supports kite surfing for independent riders with lifts across the bay to the designated launch beach on Green Island and the perfect kitesurfing conditions just inside the barrier reef.

Betty’s Hope This is a sugar plantation site where one of the two sugar mill towers has been fully restored. With a small interpretation center, this heritage landmark is well worth a visit. Betty’s Hope was one of the earliest sugar plantations, dating back to 1651, with restoration work beginning in 1990 and continuing to this day.

The Bettys Hope Trust works with visiting schools of archaeology during the summer, to complete research on the estate.

Like other large plantations, Betty’s Hope was an agricultural and industrial enterprise, home to a large number of people. Supervised by a handful of European managers, hundreds of people of African origin lived out their lives on this and similar plantations, first as slaves, then as laborers after their emancipation in 1834. The people of Betty’s Hope were especially skilled, and the Estates reputation for excellence lasts to this day.

Throughout its 300 years history, Betty’s Hope played a prominent role in Antigua & Barbuda’s history and influenced the lives of many generations of Antiguans.

Today about 112 sugar mill towers still dot the countryside of this independent nation, reminding us of the days of slavery under King Sugar. A map of the remaining mills can be seen at the Interpretation Centre.

Nelson’s Dockyard National Park Nelson’s Dockyard and the surrounding archaeological sites became a UNESCO World Heritage Site in 2016. It is the only continuously working Georgian Dockyard in the world, and it’s used as a working

290

Shirley Heights is a restored military lookout and gun battery. This high point (about 490 ft.) allows for a superb view of English and Falmouth Harbour, one of the more spectacular views in Antigua, especially at sunset and early evening when all of English Harbour is lit up.

A visit to Shirley Heights is considered one of the must-do events in Antigua. The buildings have been adapted to function as a restaurant and bar and its famous Sunday evening party is always a hit.

This old military complex was named after Sir Thomas Shirley, Governor of the Leeward Islands, who strengthened Antigua’s defenses in 1781. Back then, Britain had lost all her West Indian colonies except for Antigua & Barbuda and Barbados. Much effort was therefore put into the island’s defenses, mainly because of their sugar producing value and the important Dockyard.

Frigate Bird Sanctuary Barbuda is known for its beautiful pristine beaches, particularly its Pink Sand, which is a treasure to many, but there is more to this treasure box than sparkling sands and emerald sea.

The island is home to the largest Frigate Bird Colony in the western hemisphere. This Colony is located in the capital of Barbuda, at the Codrington Lagoon, and is only accessible by a short boat trip with a knowledgeable tour guide.

These magnificent birds travel between the Caribbean and the Galapagos islands during the varying mating seasons. The Barbuda Frigate Bird sanctuary has an estimated population of 100,000 birds, a natural treasure for bird watching lovers.

Antigua’s Donkey Sanctuary Located near the village of Bethesda on the eastern side of the island, Antigua’s Donkey Sanctuary offers visitors the opportunity to take a break from the sea and sand and enjoy another aspect of Antiguan life.

The Donkey Sanctuary is open Monday to Saturday from 10 a.m. to 4 p.m. and admission is free. Donkeys love to receive visitors and enjoy being brushed and

www.ebizguides.com

Entertainment petted. They are also happy to pose for as many photographs as visitors want to take, and you can always ask about their “Adopt an Antiguan Donkey” program.

Devil’s Bridge

tion of the stadium is being sponsored by the People Republic of China.

Museum Antigua & Barbuda

Devil’s Bridge, located at the North Eastern point of the island known as Indian Town Point. It’s a good example of sea water erosion where a bridge was created when the limestone ledges of the Antigua formation were eroded away by the water from the tides over several centuries. According to Antiguan legend, Devil’s Bridge was a known location for slave suicides.

Learn all about how the islands were formed, who the natives were and discover all about the effect the Arawaks and Caribs had on the island. Lively displays include ancient tools and artifacts, shells, various flora and fauna and the island’s naval and slavery history. The gift shop includes marvelous color prints and etchings of 18th and 19th century Antigua, locally handmade pottery, handicrafts, and books.

Public Market

St. John’s Cathedral

The market in St. John’s provides an extensive and attractive covered outlet for the abundance of Caribbean fruit and vegetables. The market is easily identified by the imposing sculpture of V.C. Bird, the founder of the nation, at the intersection of all roads leading to the market at the edge of St. John’s.

Martello Tower The Martello Tower is situated on the south coast of Barbuda. It was built in the early 1800’s as a defense base for the British, to stand guard over the river landing, the island’s original quay. Its name was derived from a tower in Corsica that the British had difficulty in taking in 1974.

The current fort was erected on the site of a pre-existing fort, presumed to have been built by the Spanish in 1745. The 32ft tall tower commands great views over most of the island.

Sir Vivian Richards Stadium The Sir Viv. Richards Cricket Ground was built to host the ICC World Cup in 2007. It is one of the ultramodern cricket grounds and possesses all the modern amenities. The stadium can approximately hold 10,000 spectators at a time, and it is easily accessible from the airport as well as the main city. The construc-

The St. John’s Cathedral was built of freestone in the mid-19th century. It was designed by architect Mr. J. Fuller of Bath, England, and it has been described as a “church within a church” as the interior is encased in pitch pine intending to secure the building from potential damage through earthquake and hurricane. The building’s distinct design has earned it a reputation in modern times by architects as the most imposing of all Cathedrals of the West Indian Province.”

WHERE TO EAT Antigua & Barbuda was voted the ‘Caribbean’s Most Romantic Destination’ at the 23rd Annual World Travel Awards. To go along with this award, the twin-island state counts with a wide choice of restaurants not just for couples but also for families, friends and business people who appreciate the value of a good meal and enjoy the Caribbean gastronomy. The options are endless, from the most authentic local food to Italian or Spanish cuisine. This country will not allow you to be hungry.

The list below shows some of Antigua’s best spots to experience its food scene.

Nonsuch Bay restaurants are open for lunch and dinner to non-guests.

www.ebizguides.com

291

Entertainment

Nonsuch Bay restaurant Nonsuch Bay Resort Tel: (+1 268) 562 8000 reservations@nonsuchbayresort.com If you are planning a romantic dinner, Nonsuch Bay restaurant will be one of the best options from which to choose.

Located on a bluff overlooking the tropical waters of Nonsuch Bay and carefully designed to make the most of the dramatic scenery, the place gets the best out of it.

With an a la carte menu that changes every two days, created by award-winning Chef Mitchell Husbands, the restaurant allows you to experience the finest cuisines of the world, as well as extremely delicious desserts.

Standing out for its excellent service, the restaurant is one of the classiest dinner spots in Antigua. A dinner place not to be missed if you are visiting the island.

SHEER ROCKS Cocobay Resort, Valley Church Tel: (+1 268) 562 4510 reservations@sheer-rocks.com Sheerocks is one of the most beautiful and must-visit dining spots in Antigua.

Founded in 2010 by its young British owners Kate Taylor and Alex Grimley, Sheer Rocks has come to represent young and innovative thinking thanks to its fresh ingredients, local produce and discreet yet friendly service.

With one of the best panoramas in the island, the restaurant became famous for its tapas Menu, day beds and plunge pool; sybaritic for daytime lounging.

At night, the location is a dates place. You can enjoy

292

its wide choice of the finest wines and international menu while listening to the waves crashing gently below your table.

Sheerocks is a place to fall in love. Fall in love with Antigua’s scene, food, and lifestyle.

SUNRA Falmouth Main Road, Antigua Tel: (+1 268) 720 3826 or 562 6581 sunrantigua@gmail.com Located right next to Falmouth Harbor Marina, Sunra is one of the best restaurants in the twin-island State.

With a private and cozy atmosphere, the restaurant allows you to enjoy dinner over to the sea while appreciating the marina’s impressive view.

Its menu is as simple as it is good. It changes daily to accommodate local fresh ingredients, such as lobster salad, hot fish trio or seafood linguine. Every single dish is fresh and made daily, including the bread.

A visit to Sunra will guarantee you desire to come back. The scene is as unforgettable as the taste of its food.

South Point Restaurant English Harbour, St. Paul Tel: (+1 268) 562 9600

South Point is the definition of island chic – understated and easy-going. Both the lounge and restaurant welcome non-hotel guests to enjoy the casual, cafestyle vibes. As a testament to this, the restaurant deck, is easily accessible by water and equipped for tying up dinghies and paddle boards Inspired by Asian, Mediterranean and Middle Eastern cuisine, the restaurant offers an eclectic mix of au-

www.ebizguides.com

Entertainment

Incanto restaurant.

thentic flavors with one thing in common: fresh, highquality ingredients. The menu includes simple, yet skilfully prepared dishes that allow diners to indulge and savor according to taste.

INCANTO RESTAURANT Antigua Slipway, English Harbour | Saint Paul Parish, Antigua.

Tel: (+1 268) 562 9130 info@incantoantigua.com Incanto is one of the newest lunch and dinner restaurants in the island. Honoring its italian name, the place stands out for its charming and intimate location.

Sitting on the water’s edge of Antigua Slipway facing Nelson’s Dockyard, It provides you with the scene of an authentic Italian cuisine.

The menu is simple, including the most typical Italian dishes made from ingredients shipped directly from Italy and combined with a popular Italian wine list selection. They have the best pesto gnocchi in the island.

The owners, Milano natives Andrea Signorelli and his mother, Rosella, will guarantee you an excellent service and a lovely dining experience that will exceed your expectations.

Andrea, who has plenty of years in the hospitality industry, it’s a professional cocktail maker as well- don’t leave without trying one of its creations. He has transformed this little corner in the island into an explosive cocktail combining elegance, sophistication, and quality. Making Incanto restaurant the up and coming place to be and eat in Antigua.

Le Bistro restaurant Hodges Bay, St Johns Tel: (+1 268) 462 3881 lebistroantigua@gmail.com A French signature restaurant in Antigua & Barbuda.

Le Bistro was Antigua’s first authentic French Restaurant established 30 years ago.

Its Chef, Patrick Gauducheau, was chosen by the Discovery Channel’s “Great Chefs of the World.” The menu is made up of classical French dishes, some with an added Caribbean flair.

The restaurant is well known in Antigua’s high society, and it is frequently visited by its politicians. Le Bistro’s deserved reputation goes in accordance with the quality of its food.

Incanto restaurant. www.ebizguides.com

293

Entertainment The Larder Royal Palms Place, Friar’s Hill Road, St. John’s, Antigua.

Tel: (+1 268) 562 7880 info@thelarderantigua.com The Larder is a unique gourmet deli-cafe popular with both locals and visitors in search of great food and service. Renowned as Antigua’s best sushi bar and deli-cafe, The Larder also offers upscale takeaway and catering.

Being one of Antigua’s business people most frequent lunch place, the restaurant has the best salads in the island. Changing its ingredients every day, they are always the safe choice on the daily menu.

One stone Ital Shack Opp. Country Pond Independence Drive, St. John’s, Antigua Tel: (+1 268) 785 6065 As Antigua’s veteran Ital eatery, One Stone is a place not to be missed for those who want to experience real Caribbean food.

It is worth the visit not just for the taste of its multiple vegan and healthy lunch options, but for its affordable prices.

The restaurant opens every day from 11.00 am to 16.00 pm, and it is enjoyed by both locals and tourists.

Papa Zouk Hilda Davis Drive, Dickenson Bay St., St. John’s Tel: (+1 268) 464 0795 Antigua’s number one fish and rum spot will be your Monday’s favorite dinner place.

Papa Zouk is one of the most authentic local restaurants on the island. Famous for its fried or grilled fish and seafood specialties, the restaurant is particularly crowded on Mondays. So make sure to book a table if you are planning to go because part of its charming is its reduced space.

Outstanding service and Caribbean ambiance are both signatures of this place.

294

Abracadabra restaurant.

Dockyard Drive, English Harbour.

Tel: (+1 268) 460 2701 Abracadabra was opened in 1984 and has continuously striven to balance the importance of high-quality cuisine with an open and friendly atmosphere.

Abracadabra fuses a passion for food and drink, with the Italian traditions of family, to create an authentic Southern Italian Restaurant, in the heart of the Caribbean.

CASTAWAYS South Beach, Jolly Harbour Tel: (+1 268) 785 1595 castawaysglows@gmail.com An iconic beach bar and restaurant nestled on the creamy white sands of Jolly Beach. The azure Caribbean Sea is just stepped away, beckoning you.

It is the perfect rustic setting on a white sand beach, with a laid-back Riviera-type vide, that features unique Caribbean and Indian cuisine.

MAURO’S PIZZA So Cobbs Cross, St. John’s, Antigua Tel: (+1 268) 460 1318

Without a doubt, the best pizza in Antigua.

Standing out for its traditional wood-burning brick oven, the owner, Mauro, provides plenty of visual drama to the restaurant, with his impressive antics and mandatory flips with pizza dough.

It is arguably the most authentic Italian experience in the island.

THE GARDEN GRILL Dutchman’s Bay, St. John’s Tel: (+1 268) 464 0207

The Sunday’s Antigua brunch place by choice.

The place is well known for its excellent services and succulent food on a daily basis. However, it stands out for its specialty: Brunches.

www.ebizguides.com

Entertainment

Cecilia’s restaurant is located near the airport.

Their spicy avocado and egg benedict’s toast are worth the way there on a Sunday morning, but make sure to have a reservation under your name otherwise you will end up going back home with an empty stomach.

Cecilia’s high point cafe Dutchman’s Bay Antigua, St. John’s Tel: (+1 268) 562 7070 cecilias@highpointantigua.com Located on the water’s edge with fabulous ocean views and easy access to the beach, the cafe is just five minutes away from the airport, what makes it the perfect place to enjoy the last meal in paradise if you are flying out of the country.

Chill & Jazz music playing in the background, produce a lovely ambiance at this location owned by a Swedish model. The place offers Caribbean and European cuisines, as well as desserts.

Catherine’s cafe Plage Pigeon Point Beach, English Harbour Tel: (+1 268) 460 5050 catherinescafeantigua@gmail.com Placed in one of Antigua’s most famous beaches, Pigeon beach, the cafe has always been a favorite lunch

www.ebizguides.com

location for French cuisine and wine enthusiasts.

The restaurant is a beautiful fully open Caribbean beach house with comfortable lounges and private sunbeds right on the beach. Simple, always fresh and tasty with a French touch, the Catherine’s Cafe Plage remains a typical bistro specialized in local seafood.

Carmichael’s Sugar Ridge St. Mary’s Tel: (+1 268) 484 3703 hotel@sugarridgeantigua.com Due to its location, Carmichael’s offers one of the most breath-taking views of the sunset on the island. The restaurant sits on top of Sugar Ridge, overlooking the whole of Jolly Harbour Marina and the palm-fringed beaches out towards the neighboring islands of Nevis, St Kitts and Redonda on the horizon.

Its Chef, Gregory Williams, has been with Sugar Ridge since 2009 and has created a menu focusing on fresh seafood and local ingredients with a Caribbean flair.

Ana’s on the beach Dickenson Bay Tel: (+1 268) 562 8562 Ana’s on the beach is famous for their special events, in accordance with the island’s season calendar.

295

Entertainment Placed on Dickenson Bay, its special Sundays are meant to entice the beach connoisseurs and boat enthusiasts with entertainment and lounging options.

Whether you choose to visit for lunch, tapas or dinner, your senses will explore the taste of the Mediterranean and the Caribbean. All ingredients are fresh and locally sourced.

Jaqui O’s beach bar & restaurant Crab Hill Beach Tel: (+1 268) 562 2218 lovebeachantigua@gmail.com Located on one of Antigua’s most beautiful beaches, overlooking the Caribbean Sea to the emerald isle of Montserrat, Jacqui O’s is a secluded beachfront haven.

The restaurant provides a great dining experience.

The Spanish chef, Miguel Alfaro, uses fresh seasonal products from Antigua’s farmers and fishermen to provide the community with some of the best food, and drinks on the island. The menu changes frequently and offers options to snack, share a plate or settle in for a long lunch.

Hemingways St. Mary’s Street St. John’s Tel: (+1 268) 462 2763 hem_ways@hotmail.com Fun by day, Hemingways is a great place to relax for a cool tropical thirst quencher and offers a lunch menu of soups salads, sandwiches and Caribbean island seafood specialties including lobster.

By night, Hemingways transforms into the perfect venue for an intimate dinner for two, or a friendly get together with friends, featuring the best Creole cuisine, fresh Caribbean seafood dishes, and choice U.S. Steaks.

Big banana Tel: (+1 268) 480 6985 info@bigbanana-antigua.com With two different locations, downtown St. John’s in the old rum warehouse at Redcliffe Quay, and in the old and new terminal at V.C. Bird International, The Big Banana is not only rightly recognized for serving some of the best pizzas in the Caribbean but is also renowned for its great food featuring international favorites and local specialties.

296

Trappas Dockyard Drive, English Harbour, Antigua Tel: (+1 268) 562 3534 In the heart of the yachting paradise that is English Harbour, Trappas Bar and restaurant broke the mold and put English Harbour on the map year round.

With a large international menu, The vibe in the bar and restaurant is exciting and attracts a large crowd of locals and ex-pats, so is a great hunt while on vacation in Antigua.

Coconut grove Dickenson Bay Tel: (+1 268) 462 1538 info@coconutgroveantigua.com Coconut Grove is set in an idyllic location right on the beach at Dickenson Bay, Antigua. The bar and restaurant are equally popular with the island’s many visitors and local Antiguans alike. The atmosphere is the perfect combination of tranquility, vibrancy, fun, and romance.

Their menu has something to suit every taste, from their famous lobster thermidor to watermelon and feta salad, from sirloin steak to a burger and fries.

With a spectacular view of the Caribbean sunset every night, Coconut Grove is a place for a sundowner at the bar followed by a good dinner.

BAYHOUSE Trade Winds Hotel overlooking Dickenson Bay. Tel: (+1 268) 462 1223 info@twhantigua.com Recognized as one of Antigua’s “top-tables,” it offers an elegant yet informal dining experience with carefully selected dishes featuring local and international cuisine.

The restaurant will provide you with an impressive view of Dickeson Bay, making breakfast, lunch or dinner and enjoyable experience and allowing you to appreciate the beauty of the island.

LA BUSOLA Dutchman’s Bay, Saint John.

Tel: (+1 268) 785 5436 labussolantigua@hotmail.com

www.ebizguides.com

Entertainment Relocated on the beachfront in Dutchman’s Bay, La Bussola is family-run by two brothers, chef Omar and host Cristian Tagliaventi who grew up in Umbria.

Both the lunch and dinner menu reflect the philosophy of this Italian restaurant to keep it close to the tradition, implementing the local freshest seafood and vegetables, quality meats and homemade sauces, bread, and pasta.

Beach Limerz Fort James Beach, St. John’s Tel: (+1 268) 562 8574 info@beachlimerz.com BeachLimerZ is a local, family owned and operated bistro-bar located on Antigua’s Historic Fort James Beach, one of the Caribbean’s most stunningly beautiful beaches.

This bar features a stylish yet informal rustic setting, using local wood for the bar and the furniture, together with hand-made copper light fixtures fashioned by an island artisan.

The breezy beachside ambiance and the owners’ obvious commitment to the musical heritage and culinary culture of the island ensure an authentic Caribbean experience which will create memories that the language of travel books can never quite capture.

WHERE TO STAY Antigua & Barbuda has an array of accommodation options, many of which are located near the country’s beautiful beaches. There are a total of 3,800 hotel rooms accommodations, in establishments that range from modest and informal guest houses to luxurious resorts and exclusive hideaways.

Although no official classification exists, there is a spectrum of category 3 to 5-star hotels. Almost all hotels and apartments are of international standard, the majority of them offering an extensive range of sporting and entertainment facilities, as well as airconditioned rooms, or furnished ones with ceiling fans.

Some of the best hotels in the island are:

ADMIRAL’S INN Nelson’s Dockyard, English Harbour, Antigua Tel: (+1 268) 460 1027/1153 Fax: (+1 268) 460 1534 info@AdmiralsInnAntigua.com www.admiralsantigua.com

Carliste Bay.

www.ebizguides.com

297

Entertainment ANTIGUA YACHT CLUB MARINA RESORT

COCOBAY

Falmouth Harbour, Antigua Tel: (+1 268) 562 3030 info@aycmresort.com www.aycmarinaresort.com

Valley Church, Antigua Tel: (+1 268) 562 2400 Fax: (+1 268) 562 2424 www.cocobayresort.com

BLUE WATERS St. John’s Antigua & Barbuda Tel: (+1 866) 599 6674 res@bluewaters.net www.bluewaters.net

BUCCANEER BEACH CLUB Dickenson Bay, P.O. Box 327, St. John’s, Antigua Tel: (+1 268) 562 6785 Fax: (+1 268) 562 6784 www.buccaneerbeach.com

CARLISLE BAY Carlisle Bay, Old Road, St. Mary’s, Antigua Tel: (+1 268) 484 0000 / (+1 268) 484 0002 Fax: (+1 268) 484 0001 info@carlisle-bay.com reservations@carlisle-bay.com www.carlisle-bay.com

CATAMARAN HOTEL Falmouth Harbour, Antigua & Barbuda Tel: (+1 268) 460 1036 catclub@candw.ag www.catamaranantigua.com

COCOS Valley Church, Antigua Tel: (+1 268) 562 3444 www.cocoshotel.com

COPPER AND LUMBER HOTEL Nelson’s Dockyard, English Harbour, Antigua Tel: (+1 268) 460 1160/1159 clhotel@candw.ag www.copperandlumberhotel.com

CURTAIN BLUFF HOTEL P.O. Box 288 Old Road, Antigua Tel: (+1 268) 462 8400 curtainbluff@curtainbluff.com www.curtainbluff.com

GALLEON BEACH CLUB Freeman’s Bay, English Harbour, Antigua Tel: (+1 268) 562 7814 galleonbeach@candw.ag www.galleon-beach-antigua.com

Nonsuch Bay.

298

www.ebizguides.com

Entertainment GALLEY BAY

SANDALS GRANDE ANTIGUA

Saint John’s Street, St. John’s, Antigua Tel: (+1) 954 949 2142 press@eliteislandresorts.com http://www.galleybayresort.com/index.htm

P.O. Box 147, Dickenson Bay, St. John’s, Antigua Tel : (+1 268) 484 0100 Fax : (+1 268) 462 4135 www.sandals.com

PINEAPPLE BEACH RESORT

SIBONEY BEACH CLUB

Long Bay, St. Phillips North, Antigua Tel: (+44) 124 545 9906 www.pineappleabeachclub.com

Dickenson Bay, St. John’s, Antigua Tel: (+1 268) 462 0806 www.siboneybeachclub.com

ST. JAMES’S CLUB HALCYON COVE BY REX RESORTS Dickenson Bay, St. John’s Parish, Antigua Tel: (+44) 208 741 5333 (UK) (+1 785) 717 5633 (USA) enquiries@rexresorts.com www.rexresorts.com

HAWKSBILL BY REX RESORTS P.O. Box 108, Hawksbill Beach, Five Islands, Antigua Tel: (+44) 208 741 5333 (UK) (+1 785) 717 5633 (USA) enquiries@rexresorts.com www.rexresorts.com

HERMITAGE BAY P.O. Box 60, St. John’s, Antigua Tel: (+1 268) 562 5500/8080(reservations) info@hermitagebay.com www.hermitagebay.com

JOLLY BEACH RESORT & SPA Bolans Village, Antigua & Barbuda Tel: (+1 855) 744 8371 reservations@jollybeachresort.com www.jollybeachresort.com

JUMBY BAY RESORT Jumby Bay Island, P.O. Box 243, St. John’s, Antigua Tel: (+1 268) 484 6072 NONSUCH BAY RESORT Hughes Point, Freetown, Antigua & Barbuda Tel: (+1 268) 562 8000 www.nonsuchbayresort.com

www.ebizguides.com

Tel: (+1 954) 949 2142 press@eliteislandresorts.com www.stjamesclubantigua.com

SUGAR RIDGE Tottenham Park, St. Mary’s, Antigua & Barbuda Tel: (+1 268) 562 7700 reservations@sugarridgeantigua.com www.sugarridgeantigua.com

THE INN AT ENGLISH HARBOUR P.O. Box 187, St. John’s, Antigua Tel: (+1 268) 460 1014 Fax: (+1 268) 460 1603 www.theinnantigua.com

TRANQUILITY BAY Jolly Harbour, Bolans, St. Mary’s, Antigua Tel: (+1 268) 562 5183 www.jollybeachvacations.com

THE VERANDAH RESORT AND SPA Unnamed Road, Antigua & Barbuda Tel: (+44) 1245 45 9906 www.verandahresortandspa.com

VILLAS AT SUNSET LANE Sunset Lane, Paradise view, McKinnons, St. John’s, Antigua Tel: (+1 268) 562 7791 Jacqueline@villasatsunsetlane.com www.villasatsunsetlane.com

TRADEWINDS HOTEL Dickson Bay, P.O. Box 1390, St. John’s, Antigua Tel: (+1 268) 462 1223 Fax: (+1 268) 462 5007 info@twhantigua.com www.twhantigua.com

299

BIBLIOGRAPHY IMF: http://www.imf.org/en/Data World Bank: https://data.worldbank.org The Observatory of Economic Complexity: http://atlas.media.mit.edu/en/ Caribbean Telecomunications Union: http://www.ctu.int/member-states/antigua-and-barbuda/ Eastern Caribbean Central Bank: https://www.eccb-centralbank.org OECS: http://www.oecs.org Government Website: http://www.ab.gov.ag http://caribya.com/antigua/culture/ http://www.everyculture.com/A-Bo/Antigua-And-Barbuda.html http://www.antiguanice.com/ http://caribbean-beat.com/ http://www.theintegrationistcaribbean.org/recipes/recipes-from-antigua/

http://aandbtourism.fotoseeker.com https://gratisography.com/ https://pixabay.com/ https://unsplash.com/

available AFRICA Angola Burkina Faso Cabo Verde Cameroon Democratic Republic of the Congo Egypt Equatorial Guinea Ethiopia Ghana

Guinea Guinea-Bissau Ivory Coast Katanga Kenya Libya Mauritius Morocco Mozambique Namibia Nigeria

Republic of the Congo Rwanda Sierra Leone Sudan Tanzania The Gambia Togo Zambia

www.ebizguides.com

CITY GUIDES Abuja Lagos

MIDDLE EAST Iraqi Kurdistan Region Syria

THE AMERICAS Antigua & Barbuda Colombia Chile Ecuador El Salvador Honduras Panama

EUROPE Georgia Slovakia