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Duty Waivers Expanded to $100,000 for Home Construction and Repairs

Duty

The government has expanded duty waivers for homeowners and builders in Antigua and Barbuda.

First, the change allows access to up to $100,000 in tax-free building materials. This helps reduce construction costs and improve housing.

Moreover, Maurice Merchant, Director General of Communications, said the expansion broadens the Construct Antigua and Barbuda Initiative (CABI). Previously, it mainly supported new home construction.

In addition, the programme now covers home renovations. Property owners can use duty-free materials for repairs and upgrades. This includes cement, blocks, and other essential items.

Furthermore, the move aims to reduce financial pressure on households. It also encourages more construction activity across the island. As a result, both new and existing homes benefit.

Meanwhile, officials said the expansion supports low- and middle-income families. It is part of a broader push to improve living conditions. Consequently, homes can be built or repaired faster.

Also, the government emphasized that CABI forms part of a wider housing strategy. The plan, led by Prime Minister Gaston Browne, seeks to make housing more accessible and affordable.

At the same time, officials noted that builders and homeowners must follow programme guidelines. This ensures fair and efficient access to duty-free materials.

Additionally, the initiative is expected to stimulate the construction sector. More projects can start, and materials are more affordable. This supports economic growth while improving housing stock.

Finally, the government encouraged eligible residents to participate. Homeowners and builders can apply for duty-free access immediately. Above all, the programme seeks to strengthen communities through better housing.

In conclusion, the expanded duty waiver programme benefits homeowners, builders, and families. It lowers costs, improves homes, and supports national development.

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