Antigua is perhaps the island that best embodies the modern vision of a small Caribbean destination. With few other natural resources, tourism dominates the local economy of the two islands. Beautiful white sand beaches abound, and Antigua has no shortage of upscale resorts. Barbuda still has the beaches, but little tourist infrastructure.
Investment banking and financial services are also an important part of the economy, with many large foreign banks taking advantage of the country’s liberal banking laws. However, all that could change following the 2009 arrest of Antigua-based Texas billionaire Allen Stanford, who is accused of committing a massive fraud that may have deprived investors of some $8 billion.
Cricket is a very popular sport here and this small nation has produced some truly great players of all time. Cricket fans will certainly not lack for local contacts.
Antigua and Barbuda is nicknamed “the land of 365 beaches” because of the beaches that surround the two islands.
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