Life in Antigua Barbuda

The government is also committed to operate as an
e-government and has positioned Antigua to become
a leading Caribbean IT centre. Antigua is host to a
fully certified PCI DSS card processor, Global Processing
Centre (www.gpcantigua.com), which operates
a modern and integrated processing platform for
all card, electronic wallet, mobile wallet, private label
cards, and ecommerce services. It provides processing
services to banks in several Caribbean territories.
Importantly, the processor has also driven the innovation
of an alternative payment service known as
SugaPay that combines the convenience of a local
payment card and mobile transactions which will significantly
reduce the number of daily cash transactions.
These technology driven financial services will
enhance retail and online payments for the government
and business sectors, as well as assist international
remittances.
In today’s global village, geographic focus is less relevant
to clients with an increasingly international perspective,
and the use of modern technology will deliver
a consistently high standard of service for customers to
conduct secure banking business regardless of the proximity
of the bank offices.
Wealth Management and
Your Home Away from Home
Antigua is increasingly attractive to international investors
from Latin America, Europe and the Far East seeking
private banking services and wishing to balance their
portfolios with commodity and foreign exchange trading
services, and who may also be interested in real estate
investment in the jurisdiction.
There are a number of residential developments taking
place in Antigua & Barbuda which would be considered
attractive as vacation and second homes. These investments
may also qualify them for Permanent Residency.
The recent introduction of new legislation now also allows
approved investors to take part in the Citizenship
by Investment Programme (CIP). This provides for citizenship
and an Antigua and Barbuda passport to be
granted on the basis of approved persons and families
who satisfy a high standard of due diligence requirements
and qualify in respect of making personal investments
in Antigua and Barbuda. The jurisdiction has
spent considerable time and research efforts to design
an investment process that could safely award a qualified
applicant with a valued citizenship and passport.
Such programmes already exist in Britain, Canada and
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