Saturday, May 4, 2024

Antigua citizenship for $1.5m investment in Film production

Film industry veterans have teamed up with the government of Antigua to make Antigua and Barbuda – ‘The Hollywood of the Caribbean’ for movie production.

Started in 2015, Golden Island Filmworks is an approved business investment project under Antigua Citizenship by investment program and the film production company will be funded by Antigua CIP scheme.

The film company is expected to raise initial $250m and the first five feature films are budgeted between $20m and $85m injecting millions into Antigua economy and creating jobs.

Finance and production company Golden Island Filmworks comprises The Hurricane producer Rudy Langlais, Caribbean social entrepreneur and founder of Kittitian hill Valmiki Kempadoo, Toronto-based producer Don Allan and veteran executive Neil Sacker.

The films to be produced through this arrangement range from “Rebels,” a journey through the life a of Bob Marley featuring never before revealed stories and music, to “Nick Carter: Killmaster,” based on the long-running espionage franchise.

According to Antigua CIP regulations, investors under business investor qualify for citizenship upon investing $1.5 million as single applicant or a joint investment fund  $5 million in film projects. Small investors buying $400,000 share in fund, also qualify for citizenship with family.

Robert de Niro is a film actor and two time Oscar winner, is building multi million dollar luxury resort in Barbuda.

Pirates of Caribbean (2003)  filmed the scene in Half moon bay, where Captain Jack and Elizabeth are marooned and Elizabeth burns all of the rum.

The following movies were filmed in the Antigua and Barbuda.

  • Diablesse (2005)
  • Hooked (2009)
  • No Seed (2002)
  • Once in an Island (2009)
  • Redemption of Paradise (2010)
  • The Skin (2011)
  • The Sweetest Mango (2001)
  • Working Girl (2011)
  • The Island (1980)

Source: screendaily.com

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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