Listen up, potential Antiguan property owners - it's time to talk taxes! The amount of property tax you'll owe in Antigua depends on the value of your property. If your property is worth less than EC$ 250,000, you're off the hook - no taxes for you! But if you've got a fancy place worth over EC$ 500,000, get ready to pay up at a rate of 0.5%. And if you're living like a celebrity in a property worth over EC$ 1,000,000, your tax rate is at a maximum of 0.75%. So, before you start planning your Caribbean getaway, make sure to factor in the cost of property taxes. But hey, at least you can take solace in the fact that your tax dollars are going towards maintaining the beautiful island paradise you get to call home! Easily view these values in other popular currencies right here!
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For more information about properties in Antigua and Barbuda, contact the real estate specialists at Park Lane!