The Regent Bay Oceanside Villa Community is located in the north-western part of the Antigua and Barbuda Special Economic Zone and is presently in its first phase of development. Set to be a world-class gated community and beach club, the development will include a welcome center, meeting facility, business center, pool club and bar, two signature restaurants, main pool with cabanas, children's pool and playground, fitness center, wedding pavilion and other amenities.Under CIP, potential villa owners and their families can apply to own no less than 0.15 acres (around 620 sqm) of free-hold oceanside villa land in Regent Bay, in addition to a 150 sqm villa comprising of 4 bedrooms, 4 bathrooms, living room, dining room and kitchen, with all basic fixtures and fittings. A unique combination of land and villa positions Regent Bay as one of the most financially attractive investment products in the Caribbean. Owners shall automatically be enrolled in the Regent Bay Rental Pool Program (RPP), operated by a professional property management firm to manage, maintain and lease to visitors. Owners shall subscribe to the basic furniture and pool plan, which guarantees an attractive annual return on investment. This is achieved by driving higher rental revenues with a quality product, optimizing occupancy and lowering expenses through cost efficiencies. Owned by Yida International Investment Antigua Limited, Regent Bay homeowners will enjoy the breath-taking sea views and enthralling leisure that come with being located on the north eastern end of the island, which also boasts picturesque views of the world-famous Jumby Bay and Guiana Island. Wedding pavilion and other amenities.About the Citizenship by Investment Program (CIP)The Antigua and Barbuda CIP initiative has quickly become an attraction for international investors. Through luxury, investment grade and free-hold property purchases, applicants and their families can receive citizenship and begin to enjoy the added benefits on their investments. Successful CIP applicants are required to make full payment on their property investment in addition to all processing fees before receiving their citizenship. Once payment is received, applicants take the oath of allegiance and are advised of the procedure to obtain their Antigua and Barbuda passports.CIP passport holders are required to spend at least five (5) days in Antigua and Barbuda during a five (5) year period. Passports are valid for five (5) years and will be renewed provided the holders spend the minimum required time in Antigua and Barbuda.The property purchased shall also be held for a minimum period of five (5) years, after which the citizenship becomes permanent and the property can be sold.