Property Buying Guide for Antigua and Barbuda

Interested in buying a property in Antigua? Check out this quick guide to the costs and process involved.

Please note you are strongly recommended to take proper advice from a Lawyer and Real Estate Agency. This is just a guide and E&OE.

Buyers

Non Antigua and Barbuda citizens must apply for a non-citizen landholder licence.

The time taken to get the licence can be a few months and the cost is roughly 5% of the prospective property price.

Other costs to a purchaser are a 2.5% transfer fee levied by the Antigua government.

 

Sellers

The seller has a 7.5%fee.

Both buyers and sellers will need a lawyer and this is dependent on the purchase price can be from 1-2% if a loan is required the Antiguan tax is 3% on that.

This is a general overview and there are specifics to be aware of for example more charges for those buying a not yet built house will require regular payments while building is in progress. There could be a time before these taxes start ie You want to buy land and there is a given time that the property being built on this land has before taxation starts.

It is for these reasons that you should consult with a real estate agent and lawyer before you do anything. We recommend the services of the following Antigua Real Estate Agents.

recommended best

antigua estates

Antigua Real Estate

For help on the following but not limited to: Location, Cost, Valuation, Survey, Financing, Contracts, Government Transfer Tax, Lawyer’s Fees, Legal Advice, Landholders License, Land Registry. They are your complete Real Estate Agents.