Grenadines Investments, specializes in finding you great Real Estate Investment deals across St. Vincent and the Grenadines. This guide is intended to provide you with an introduction to Investing in St. Vincent and the Grenadines real estate market. Contact us with any questions or inquiry!
"The Gem of the Antilles"
St. Vincent and the Grenadines known as the "The Gem of the Antilles" or "The Breadfruit Isle" or "Land of the Blessed" is an island country in the Lesser Antilles Island arc, in the southern portion of the Windward Island, which lie at the southern end of the eastern border of the Caribbean Sea where the latter meets the Atlantic Ocean. According to wiki "Its 389 km2 (150 sq mi) territory consists of the main island of Saint Vincent and the northern two-thirds of the Grenadines, which are a chain of smaller islands stretching south from Saint Vincent Island to Grenada".
The main island of Saint Vincent measures 26 km (16 mi) long, 15 km (9.3 mi) in width and 344 km2 (133 sq mi) in area. From the most northern to the most southern points, the Grenadine islands belonging to Saint Vincent span 60.4 km (37.5 mi) with a combined area of 45 km2 (17 sq mi).To the north of Saint Vincent lies Saint Lucia, to the east Barbados. Saint Vincent and the Grenadines is a densely populated country with lush tropical rainforest full of eco-adventure, to the idyllic beaches, coral reefs and turquoise lagoons of The Grenadines, SVG is a tropical paradise for yachting, scuba diving, enjoying nature, and relaxing in luxurious hideaways. Escape a hectic lifestyle. Live your dreams in St. Vincent & The Grenadines.
Where are the best places to invest in real estate in St Vincent and the Grenadines?
The Grenadines is one of the most exclusive real estate markets in the Caribbean. Bequia, the second largest island in the Grenadines, is one of the most popular for real estate investment. While Bequia is renowned for “barefoot chic” laidback luxury, the private island of Mustique is famous for offering some of the world’s finest and distinctive properties. There are also a number of private islands for sale in the Grenadines.
Can foreign buyers acquire property in St Vincent and the Grenadines?
There are no restrictions on foreign nationals purchasing real estate in St Vincent and the Grenadines.
What is the process for buying property in St Vincent and the Grenadines?
Prior to purchasing a property in the Grenadines (except for Canouan and Mustique), non-nationals are required to apply for an Alien Land Holding License, which costs from EC $10,000 to $105,000, depending on the property value. You will need to pay a deposit of 10% upon exchanging contracts, and the balance of the payment once the License has been awarded.
How high are real estate taxes in St Vincent and the Grenadines?
Buyers are required to pay 5% stamp duty, plus legal fees which typically amount to 1-2% of the purchase price. There is also a low annual property tax.
Can foreign real estate investors get residency / citizenship in St Vincent and the Grenadines?
Non-residents can apply for permanent residency.
How can I get to St Vincent and the Grenadines? Are there direct flights?
Argyle International Airport is now open, which makes St Vincent and the Grenadines more accessible than ever. We have direct flights from North America. From Europe, fly to Antigua, Barbados, Grenada, San Juan or St Lucia and transfer to St Vincent, Bequia, Mustique, Canouan or Union Island via regional carriers LIAT, SVG Air or Mustique Airways.