Business For Sale Antigua and Barbuda | Business For Sale Listings
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Get to Know About Antigua and Barbuda
Antigua and Barbuda is a country that is made of two Caribbean islands and is located between the Atlantic Ocean and the Caribbean sea. The backbone of the economy has always been tourism. However, as of now, other industries like financial services, agriculture, construction, and investment banking have also become a vital part of the flourishing economy. Hence, there is a lot of scope of doing business in Antigua and Barbuda.
Literacy rates are very good here, and efforts are being made by the government to improve the transportation facilities also. Steps are being taken to remove corruption in public sector undertakings. The government also has been making improvements in the taxation system.
Investment in Antigua and Barbuda is a good option as the political scenario has been stable here. The country also has a good telecommunications network. The government is very much in favor of free enterprise, and the private sector dominates the economy. The tax system is also very investor-friendly, and businesses can enjoy the benefit of exemptions.
Water supply is scarce here and is a major deterrent for investors here. As higher salaries in the tourism industry attract most of the workforce, other industries like agriculture face the problem of getting adequate skilled labor. There is also the possibility of danger from natural calamities here.