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ARTICLE · 19 JUNE 2014

Antigua & Barbuda - Financial Alchemy

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"FORBES" enjoys an excellent reputation for investment reporting and forecasting that has earned it respect around the globe.

Antigua and BarbudaWealth Management
Ian Moncrief-Scott
Ian Moncrief-Scott
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"FORBES" enjoys an excellent reputation for investment reporting and forecasting that has earned it respect around the globe.

Consequently, when a contributor like Kenneth Rapoza repeats claims by a senior research analyst from U.S. Trust Bank of America that a country is on the threshold of future prosperity, investors may well rely on such claims.

According to the Forbes article "These Middle Income Countries Are Poised To Become Rich" Ehiwario Efeyina reports that after tracking 215 countries, the World Bank has included the tax haven island state of Antigua & Barbuda in its "new rich list" based on a GDP per capita of just under US $13,000.00.

Apart from the question regarding the basis for the quoted figure, observers must also wonder about the source of this new found wealth.

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