Mention the Caribbean and it evokes idyllic visions of soft
white beaches, brilliant turquoise seas and a luxurious pampered
lifestyle. One of the most popular regions for romantic rendezvous
and sun kissed weddings, the dazzling Caribbean also appears
regularly as the backdrop for various films including James
Bond and The Pirates of the Caribbean. The living is
laid back and easy, the locals are some of the most friendly on the
planet and the climate is coveted by tourists the world over. It is
no wonder then that the Caribbean is the destination of choice for
wealthy holiday makers, celebrities, retirees and affluent
investors, with islands such as Barbados and the Bahamas constantly
in the headlines. Now however, less developed islands are getting
talked about not only for their unspoilt beauty and lifestyle but
for the exceptional investment opportunities they offer.
Recent developments in infrastructure, plus a
diversification in the kind of property on offer means that the
Caribbean has blossomed into a thriving investment market with high
rental returns based on the region’s year round season. English is
widely spoken throughout and accessibility to the most frequented
islands is relatively straightforward. Mortgages of up to 70% loan
to value are available and there are low property and capital gains
taxes on most of the islands. As a result Caribbean property prices
are rising at up to 10% a year.
Still in this Chapter
Is this is good place to Buy?
Which type of Property should you go for?
Hotspots
The Purchase Process
Mortgages
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