Business & Real Estate: Why Invest In Saint Lucia?

Posted On Tuesday, April 23, 2019

Investing in real estate - commercial or residential - requires a fine balance of information and chance. Gathering the most accurate and timely background data on the market and individual property is only the start. Being in the right place at the right time to capitalise on a sudden opportunity is perhaps the biggest challenge, so Blue Reef Real Estate can help with our fifteen years of Saint Lucian experience.

Let's say you're an overseas client who is considering buying an investment property in the Caribbean.

Why does Saint Lucia stand out as an excellent option?

 

Invest Saint Lucia, the island's official international investment agency, lists a few good reasons:

  • Strategic Geographical Location in the Eastern Caribbean, proximity to regional CARICOM states and markets of North America, South America, and an 8-hour flight from the UK and Europe.
  • Free and Stable Economic and Political Climate, as one of the consistent economies in the Caribbean, ranking second place with an index of 70% in the 2016 Economic Freedom Index. Politically, the island is considered an historically stable system in its fortieth year of independence from Britain.
  • Modern and Reliable Infrastructure with an efficient telecommunications system, reliable electricity and a stable water supply that is affordable. Modern air and sea port facilities provide a supportive framework for many investment opportunities. Initiatives are in place towards attaining a 35% renewable energy solution by 2020.
  • Access to English-speaking Labour Pool that can be trained to meet the employment needs of businesses, which includes by the wider OECS workforce that can move freely within the the Organisation of Eastern Caribbean States due to Economic Union agreements.
  • Efficient Regulatory Environment with comparative advantages in the areas of regulation, starting a business, market access, incentives, transport infrastructure and quality of life.
  • Intellectual Property and Patents through the Registrar of Companies and Intellectual Properties. 
  • Citizenship by Investment Programme, established in January 2016 under which Saint Lucian citizenship can be obtained following a quantum of investment in one of four (4) of programs. A number of real estate ventures have thus far been announced under this program.

 

CARIBBEAN COUNTRY OF THE FUTURE AND ISLAND ECONOMIES OF THE FUTURE In July 2015, Saint Lucia was ranked as one of the winners of fDi Magazine's Caribbean and Central American Countries of the Future for 2015/16 for FDI Strategy and Cost Effectiveness of Doing BusinessIn 2017, Saint Lucia was also ranked in the top ten Island Economies of the Future Survey for Business Friendliness and Economic Potential, by the same magazine.


With so many opportunities available, why not speak to Blue Reef Real Estate about investing in property on our beautiful island of Saint Lucia?

 

 

 

 

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