This Act provides rules relative to the holding of land in Antigua and Barbuda by a person who is not a citizen of Antigua and Barbuda.“Non-citizen” is defined by the Act. No land or mortgage on land shall be held by unlicensed non-citizens but land may be acquired under a lease not exceeding more than five years. Licences to hold land or a mortgage in land shall be granted by the Governor-General. Land that is held in an unlawful manner shall be forfeited. The Act also places restrictions on licences to be granted to companies controlled by non-citizens and trusts in favour of non-citizens. Non-citizens shall pay a tax on the disposal of land held by them.
Amended by: Small Business Development Act, 2007 (No. 24 of 2007). (2007-11-16)
Autores y editores
The tropical islands of Antigua and Barbuda are located in the heart of the Caribbean about a thousand miles to the east of Jamaica and half that distance from Trinidad on the coast of South America. We are at 17- N latitude, about the same as the Cape Verde Islands and Bombay and 61- W longitude.
The island of Antigua was born out of the sea by a volcano about 30 million years ago. A young island in geologic time. On the northern flank of this volcano, reefs were formed, hence the greater part of Antigua is low lying and is composed of limestone rock.