We are an authority on investment in Antigua. We have expert knowledge of the use of eminent domain, expropriation, sequestration and forced acquisition. Antigua has expropriated and nationalised, without compensation, Half Moon Bay Resort, a private property, legitimately owned by foreign investors, who are United States, Canada and United Kingdom nationals.
Antigua's interpretation of public purpose, which is internationally accepted for the construction of public utilities, has been used to take property from its legitimate private owners in order to sell it to or joint venture with another more-favoured private party.
Antigua Government officials can claim substantial official finder's fees from the Treasury for actvities involving inward investment.
Anyone considering property investment in Antigua is urged to seek independent legal advice in their country of origin and consult investment rating and business information agencies.
Investment Prospectuses produced by the Government of Antigua and the Government's own investment webpage are seriously mis-leading investors.
Investors with ethical investment policies, foreign aid and international development agencies are encouraged to consult their legal advisers to avoid breaching bi-lateral investment treaties, financial assistance agreements, co-operation arrangements or trade and investment protection/promotion agreements.