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GLOBAL
PROPERTY
GUIDE
Caribbean:
Buying Guide
sponsored by:

GLOBAL PROPERTY GUIDE
The
Caribbean
The Caribbean region was in recovery in 2010. This coming year is expected
to be a good year. Tourism stop-over arrivals grew an average of 3.1% in the
region in 2010. But consumption and investment remained frustratingly
lethargic throughout the region, with rising food and energy prices.
Caribbean residential property tends to retain its value well, because buyers
are often high net worth individuals with plentiful resources. So while some
parts of the US have dropped by a spectacular 50% from the peak, residential
property prices in Caribbean countries have not dropped more than 25% -
and such price-falls have only taken place in some countries.
Several Caribbean countries have actually seen price rises. Elsewhere, the
downturn means bargains for some buyers of Caribbean property.
EDITOR'S FOREWORD
Contents
Caribbean - map of paradise
Opportunities for buyers
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles - Leeward Islands
Lesser Antilles - Windward Islands
Regional comparisons

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Regional Comparisons
Caribbean Countries by Group
Western Caribbean
Belize
Cayman Islands
Atlantic Islands
Bahamas
Bermuda
Turks and Caicos
Greater Antilles
Cuba
Dominican Republic
Haiti
Jamaica
Puerto Rico
Barbados
Grenada
Martinique
Saint Lucia
Saint Vincent and Grenadines
Trinidad and Tobago
Aruba
Former Netherlands Antilles
Anguilla
Antigua and Barbuda
British Virgin Islands
Dominica
Guadeloupe
Montserrat
Saint Kitts and Nevis
Saint Martin
U.S. Virgin Islands
Constituent countries of the Kingdom
of the Netherlands
- Curacao
- Sint Maarten
Autonomous special municipalities
of the Netherlands
- Bonaire
- Saba
- Sint Eustatius
Bermuda
Puerto
Rico
British
Virgin
Islands
U.S.
Virgin
Islands
Bahamas
Cuba
Belize
Aruba
Grenada
St. Lucia
Martinique
Dominica
Montserrat
Anguilla
Saint Martin
Guadeloupe
St. Vincent &
The Grenadines
Antigue &
Barbuda
St. Kitts &
Nevis
Barbados
Netherlands Antilles
Jamaica Haiti Dominican
Republic
Turks & Caicos
Islands
Trinidad &
Tobago
Cayman
Islands
Zoomed areas

Caribbean Map
Opportunities
for buyers
Western Caribbean
Atlantic Islands
Greater Antilles
Some Caribbean countries have been worse hit than others. This is a brief
list of those we believe present special opportunites.
Trinidad and Tobago
Market recovery: Slow
House prices: down 20% (2010)
Opportunities for buyers:
many new developments coming on the market
many upscale properties offered at largely reduced prices
Market recovery: Slow but steady
House prices: US$1.2M avg. (3-bedroom); US$3.5M avg. (5-bedroom)
new developments in Tortola and other islands
available lands to develop
Turks and Caicos
Market recovery: Still down
House prices: down 20% - 30% (2010); US$1M to US$3M selling well
House rents: as much as 50% down
best discounts in the region good selection of properties on
Providenciales Island

Caribbean Map
Opportunities
for buyers
Western Caribbean
Atlantic Islands
Greater Antilles
Jamaica
Market recovery: upper end market to rebound in 2011; lower middle
income market active
House prices: overpriced properties underwent correction
House rents: reduced rates
Large discounts in the upper-end and luxury market
Cayman Islands
House prices: down 15% (2010)
Residential properties: CI$ 676,645 (US$ 823,454) average
Condominiums: CI$294,885 (US$358,865) average
Beachfront properties in prime areas like Seven Mile Beach and
Cayman Caye
US Virgin Islands
Market recovery: Slow but steady
House prices: US$591,904 (St. Thomas and St. John) average ; US$356,954
(St. Croix) average
House rents: US$1,000 to US$1,800/m (1-bedroom apartments); US$3,500
to US$7,000/m (4-bedroom beach houses)
New luxury developments on St. John and St. Thomas
Barbados
House prices: Stable
Construction costs: 20-30% reduction
Opportunity for buyers:
New condominium developments on the South Coast
New luxury residences on the West Coast

Where will you
hang your hammock?
Caribbean real estate is the specialty of our Coldwell Banker affiliated Island Brokers. We
are expert at helping you find your “place in the sun”. If you are searching for a beachfront
vacation rental in Bermuda or land to build your dream island home in the Caymans, we
are there for you. Caribbean and Atlantic Island property--be it vacant land, single family
homes, villas or simply investment property, our affiliated Island Brokers can help. We
cover all of the island countries in the Caribbean basin and Bermuda as well, so your hunt
for a second home, vacation or retirement home ends here.
Phone: +1 561-691-8130 Email: cbisaf@coldwellbanker.com
www.coldwellbankerislands.com
ISLAND AFFILIATES
US $2,700,000
MLS # 09-2053
Amy Land-de Wilde
www.coldwellbankervi.com
St. Croix USVI
US $8,470,000
MLS # 5659
Brian E. Madeiros
www.bermudarealty.com
Bermuda
Starting at: US $279,900
Listing # V-254-TW
Tony Willies
www.ambercoastrealty.com
Dominican
Republic
US $3,450,000
Listing # 5560
James Sarles +1
www.sarlesrealty.com
Grand Bahama
US $1,625,000
MLS # 614
Dick A. Sougé
www.coldwellbanker.aw
Aruba
US $675,000
MLS # 1014582
Graham Canham
www.coldwellbankertci.com
Turks and Caicos

Belize, the only English-speaking Central American nation, has a Caribbean
coastline longer than those of many Caribbean islands. One of the least
densely populated countries in the Western Hemisphere, it is a diving
destination, a tropical rainforest conservation site, and has rich Mayan
archaeology. It is home to the second longest reef in the world - the Belize
Barrier Reef.
Belize is a British Commonwealth member. It has a stable democratic
government.
Tourism and agriculture are the economy's mainstays. Tourism developments
are concentrated in Ambergris Caye, Cayo and Placencia. More than 60% of
international visitors come from the US.
Foreign buyers are mostly middle-class North Americans. In 1999 the Belize
government started attracting more retirees through its Qualified Retired
Persons Incentive Program managed by the Belize Tourist Board. Approvals
generally take three months.
Real estate in Belize is priced in US dollars. The Belize dollar is pegged to the
US dollar at the rate of 2BZD:1USD.
While real estate costs much less in Belize than in the US or the UK, there are
million-dollar houses for sale and some condos can go as high as US$750,000.
Most luxury four-bedroom houses are found on Ambergris Caye.
Beachfront lots do not come cheap. But it is possible to find buildable lots
under US$50,000 - the farther away from the sea, the cheaper. One can also
build a new home for less than $100,000.
Capital: Belmopan
Currency: Belize dollar (BZ$)
Language: English, Spanish, Creole (Kriol)
Belize
Prime areas: Ambergris Caye, Caye Caulker, Placencia
Caribbean Map
Western Caribbean
Belize
Cayman Islands
Atlantic Islands
Greater Antilles

Belize (cont.)
Buying Property
There are very few restrictions on non-nationals purchasing land in Belize.
They can buy land anywhere they want, including beachfront property -
though in some areas there are size limitations for foreigners' buying coastal
property. If they want to buy an entire island, they have to obtain government
approval from the Ministry of Natural Resources.
Property Taxes
Charges that come with buying property include the land title transfer fee
(12% of the property price for foreigners), attorney's fee (2%) and a property
tax (1% of the land's value).
The Government has reduced stamp duty on existing homes from 15% to 5%,
for both Belizeans and foreign nationals. For newly built homes or condos, an
additional 10% GST (General Sales Tax) is owed to the government.
Property Rights
Property rights are protected by the English common law legal system.
Taxes
No income tax on income generated outside Belize
No capital gains tax
No inheritance tax
Buyers will need a reputable lawyer
to perform due diligence and to act
on their behalf. While there are
listings on the internet, not all
properties for sale are advertised. It is
best to spend some time on ground
to see all available properties.
Many properties are for sale by
owner, not brokers. Most expensive
rentals are handled by brokers.
Caribbean Map
Western Caribbean
Belize
Cayman Islands
Atlantic Islands
Greater Antilles

Caribbean Map
Western Caribbean
Belize
Cayman Islands
Atlantic Islands
Greater Antilles
The Cayman Islands, a British Overseas Territory, is among the most prosperous
countries in the Caribbean. It is well known as an offshore financial centre.
There are about 600 banks and trust companies in the territory.
Consisting of three islands - Grand Cayman, Cayman Brac, and Little Cayman-
Cayman Islands has thriving tourism, and offers great diving and snorkeling.
Grand Cayman, the largest island, has the highest per capita income in the
Caribbean. It is very cosmopolitan.
The property market in Cayman Islands is oriented towards offshore businesses
and retirees.
Luxury property developments abound on world-renowned Seven Mile Beach in
George Town. Super exclusive residential communities can also be found at
Dragon Bay. The Ritz-Carlton development on Dragon Bay has a wide range of
residences priced at US$1 million and up.
Buying Property
There are no restrictions on foreign purchase of land. The buying process is
relatively easy. A 10% deposit must be paid upon signing a contract.
Property Taxes
In prime locations such as George Town and West Bay, buyers are required to
pay 7.5% stamp duty within 45 days of closing. In other areas, stamp duty is 4%
for residents, and 6% for foreigners.
Taxes
No direct tax on residents
No property or corporate taxes
No inheritance tax
Capital: George Town
Currency: Cayman Islands Dollar (CI$)
Language: English
Prime areas: Seven Mile Beach, Dragon Bay, West Bay, George Town
Cayman Islands(British West Indies)

For sale by Coldwell Banker
Cayman Ritz-Carlton Penthouse. (Reduced to US$1,999,500 - MLS: #091593)
Ritz-Carlton Penthouse
Cayman Islands
2,390 sq. ft. (222 sq. metre)
2 - bedroom Penthouse
Price: US$1,999,500
Listed by: JC Calhoun-Broker/Owner
Beautifully decorated interior
Finest of all Ritz resorts
2 golf courses
View of the Caribbean Sea
A stunning 7th floor 2 bedroom, 2 bath Penthouse of 2,390 sq. ft., with a
beautifully decorated interior and a commanding view of the Caribbean Sea.
This property is considered the finest of all Ritz resorts and includes 2 golf
courses, a Nick Bollettieri Tennis facility, Costeau Kids Camp, La Prairie Spa,
4 Gourmet Restaurants and 24/7 Concierge Service. Also excellent income
potential if you wish to rent.
Coldwell Banker Cayman Islands Realty
Grand Cayman, Cayman Islands
(+1) 345-623-4411
jc@cireatly.ky
www.caymanislandsrealty.com

Caribbean Map
Western Caribbean
Atlantic Islands
Bahamas
Bermuda
Turks and Caicos
Greater Antilles
The Bahamas is an archipelago of 700 islands and cays, and 2,300 islets. It is
Famous for its pink and white sand beaches that meet the blue waters of the
Atlantic.
Only about 35 islands are inhabited. The islands of New Providence, home to
Nassau, and Grand Bahama, where Freeport is located, account for most of
the 300,000 residents of the country. The so-called Out Islands, known as the
Family Islands, are sparsely populated.
The Bahamas is a former British colony, and remains a member of the British
Commonwealth. The country is a stable parliamentary democracy. The legal
system is based on English Common Law.
The Bahamian economy relies on tourism and finance. The Bahamas is an
offshore tax haven. Investments in homes, resorts and hotels are highly
encouraged and supported by the government.
Due to its close proximity to the US and direct flights from the UK and many
other locations, the Bahamas has become popular with property investors
and wealthy buyers looking for second homes.
Exclusive property developments have been built not only on the larger
islands, but have reached the outer islands as well. Tax incentives are
granted to commercial development on 32 inhabited islands.
Among the larger islands, the most developed are New Providence, Grand
Bahama. The Abaco Islands are the most developed of the Out Islands.
Homes worth US$1 million and up sell well in Abaco, Nassau, and Paradise
Island. There are many oceanfront lands available for sale in the Bahamas.
Most are much cheaper than in the US.
Capital: Nassau
Currency: Bahamian Dollar (B$)
Language: English, Creole
Bahamas
Prime areas: Nassau (New Providence), Freeport (Grand Bahama), Abaco (Out Islands)

Caribbean Map
Western Caribbean
Atlantic Islands
Bahamas
Bermuda
Turks and Caicos
Greater Antilles
Bahamas (cont.)
Buying Property
A permit from the government is only needed if the property to be bought
is more than five acres or is an undeveloped land. Otherwise, the property
must only be registered with the Investment Board and the Central Bank
after the transaction.
Foreigners are not allowed to work in the country, but anyone who invests
more than US$500,000 is eligible for economic residency. Tax incentives are
given for commercial development in the inhabited islands.
An attorney will be hired by the buyer to determine the validity of the title
and check for encumbrances to the title. A break in the chain of title owners
or missing abstracts will reduce the marketability of subject property. Title
insurance is neither required nor used in the Bahamas.
All non-Bahamian owners of residential property can apply for a Home
Owners Resident Card. This allows the homeowner, homeowner's spouse,
and minor children port entry into the Bahamas, and to stay in the country
until the card expires. This costs US$500 per annum. If residing yearly in the
country is an option, there is the 'Annual Residence Permit', which costs
US$1,000, and US$25 for each dependent.

Caribbean Map
Western Caribbean
Atlantic Islands
Bahamas
Bermuda
Turks and Caicos
Greater Antilles
Bahamas (cont.)
Property taxes
Buyers are required to pay a small registration fee. Stamp duty rates are
as follow:
Properties between $0 and $20,000 - up from 2 to 4%
Properties between $20,000 and $50,000 - up to 6%
Properties higher in value - up to 12%
Legal fees apply (up to 2.5%).
Individual Taxes
No income tax
No value added tax
No inheritance tax
Real estate taxes are around 1% annually.

Ocean Club Residences & Marina(US$2,650,000 - Property ID: #7537). Located
within the exclusive Ocean Club Residences & Marina on Paradise Island offering
3 bedrooms and 3.5 bathrooms with spacious terraces overlooking a private
marina and beautiful Nassau Harbour .
This residence is furnished in a elegant colonial style with limestone and
hardwood flooring.
Private onsite amenities include swimming pools, marina, fitness center and
concierge. Residents are afforded the luxury of membership to a private beach
club, golf course, dining and spa services at One & Only Ocean Club and
amenities of Atlantis resort.
Ocean Club
Residences & Marina
Bahamas
3 - bedroom villa
Price: US$2,650,000
Listed by: Natasha Vythoulkas
Spacious terraces
Overlooking Nassau Harbour
Private beach club
Onsite amenties (pool & gym)
Coldwell Banker Lightbourn Realty
Paradise Island, Bahamas
(+1) 242-393-8630
Natasha@coldwellbankerbahamas.com
www.coldwellbankerbahamas.com

This magnificent beachfront estate (US$5,400,000 - Property ID: #1010)is located
on Princess isle, a private gated beach community on Grand Bahama Island, just
90 miles from Miami. Overlooking a stretch of sandy beach alongside the
turquoise Bahamian sea, this estate on lot # 22 features a 3-car garage and
100 ft dock slip on # 22R with deep water draft to accommodate a yacht and
water toys.
Elegantly designed, this home boasts a living room with 23 foot ceilings,
marble floors, formal dining room, 2 spacious master bedrooms with walk in
closets and modern bathrooms, maid's quarters and 3 luxurious guest bed-
rooms, each with full baths. The sunlit family room with panoramic sunset
and ocean views comes complete with wet bar and media center. The kitchen
features handsome granite counter tops, state of the art appliances and is a
gourmet cook's dream. This captivating home has been created expressly for
the enjoyment of island living and entertaining in a tax-free environment.
Coldwell Banker James Sarles Realty
Princess Isle, Grand Bahama Island
(+1) 242-351-9081
jamessarlesrealty@gmail.com
www.sarlesrealty.com
Princess Isle
Grand Bahama Island
2 - master bedrooms
3 - guest bedrooms
Price: US$5,400,000
Listed by: James Sarles
Gated, Peaceful & Private
100 ft dock slip to
accomodate a yacht
Torquoise Bahamian sea view
Elegantly design

Caribbean Map
Western Caribbean
Atlantic Islands
Bahamas
Bermuda
Turks and Caicos
Greater Antilles
Bermuda is one of the world's leading offshore centres. Its strong financial
and international business sectors remain the biggest contributors to Bermuda's
GDP per capita, one of the highest in the world.
Bermuda's legal system is founded on common law. The country's political
stability has proved beneficial to the economy.
Many newlyweds and vacationers are attracted to Bermuda's long stretches
of pink sand, safe and clean environment, and plush resorts and guesthouses.
The country's tourism and construction sectors were hard hit by the global
financial crisis. Yet Bermuda's real estate market remains active, with house
prices declining only slightly.
The average price of single-family homes in Bermuda is US$1.3 million. For
luxury condominiums and townhouses, the average price is US$800,000.
Cottages with price tags under US$1 million are in high demand in central
parishes such as Warwick.
Non-Bermudians are only allowed to purchase residential properties currently
owned by non-Bermudians.
A house must have a minimum annual rental value (ARV) of $153,000, or
an average selling price of about $2.8 million.
For condominiums, the minimum ARV is $32,400. The ARV is used not
only to determine which properties qualify for sale to foreigners, but also
as a basis for land taxation.
Non-Bermudians may not acquire undeveloped property, unless they are
spouses or children of Bermuda nationals.
Bermuda
Prime areas: Hamilton, Southampton, Sandys, Warwick
Capital: Hamilton
Currency: Bermuda dollar (BD$)
Language: English, Portuguese

Caribbean Map
Western Caribbean
Atlantic Islands
Bahamas
Bermuda
Turks and Caicos
Greater Antilles
Bermuda (cont.)
Buying Property
Generally, a non-Bermudian cannot own more than one residential property.
A non-Bermudian will be permitted to purchase a second property only on
condition that the original property is sold within a year.
Property Taxes
Foreign buyers must obtain an alien license from the Ministry of Labour,
Home Affairs and Public Security. The fee is 25% of the purchase price of a
house, or 18% for a condominium. For fractional units, the fee is 10% on
first-time sale, and 18% on the second.
Stamp duty rates on land sale or property transfer are between 2.5% to 6%.
Individual Taxes
No income tax

The Parapet is a distinctive historic landmark (US$8,470,000 - MLS: #5659) and
represents a phenomenal opportunity for the discerning buyer who is looking
to acquire a private and enchanting estate property in Bermuda.
Situated on almost 9 acres of naturally manicured grounds of unsurpassed
beauty, the main house benefits from sweeping vistas of the surrounding area
and the waters of the Great Sound. The sizeable parcel of land includes a
private waterfront peninsula comprising two deepwater docks and a covered
boathouse. An abundance of additional amenities include two detached
cottages, numerous outbuildings, a tennis court, cultivated fields and fruit
trees. With parts of the estate dating back to the late 18th Century The
Parapet represents an enduring legacy of Bermudian architecture on a
significant parcel of land which is a vanishing opportunity in the Bermuda
luxury home market.
Coldwell Banker Bermuda Realty
Private Estate Property
(+1) 441-292-1793
bmadeiros@brcl.bm
www.bermudarealty.com
The Parapet
Bermuda
9 acres
Price: US$8,470,000
Listed by: Brian E. Madeiros
18th Century estate property
Private waterfront peninsula
Abundance of amenties
Bermudian architecture

Forty islands, eight of which are inhabited, make up Turks and Caicos. White
sand beaches, secluded bays, coral reefs and a large flamingo population are
all part of its attractions. Diving and snorkelling are the top activities here.
Home to more than 23,000 locals, the Turks and Caicos is developing as a
high-end tourist destination and attracts numerous celebrities, some of
which have become home owners. This drives real estate prices up.
Providenciales, or Provo, is the most developed of the Islands and has many
popular resorts. Most real estate activities are concentrated here. Due to the
boom in resort and residential construction, land values here have skyrocketed.
Prices are still expected to rise as prime areas are becoming limited.
Properties priced from US$1 million to US$3 million sell well. Upscale
developments and luxury estates dominate Provo's southwest, such as
Ocean Point, Sunset Bay and Harbour Gates. Affordable prices can still be
found on the southeast side, far from the beach. Towards north, beachfront
lands and home sites are for sale.
The majority of resort hotels and condos are found on Grace Bay, also known
as the 'Gold Coast'. Grace Bay has one of the most beautiful beaches in the
world according to international travel magazines.
Upscale beachfront condominiums are being constructed in North Caicos,
which only has about 2,000 residents. There are multi-million dollar villas
here. Land values in North Caicos, also called 'Garden Island', have dramatically
risen over the last several years.
Turks and Caicos
Prime areas: Providenciales, Grace Bay ('Gold Coast'), North Caicos
Capital: Cockburn Town (Grand Turk)
Currency: US Dollar (US$)
Language: English
Caribbean Map
Western Caribbean
Atlantic Islands
Bahamas
Bermuda
Turks and Caicos
Greater Antilles

Caribbean Map
Western Caribbean
Atlantic Islands
Bahamas
Bermuda
Turks and Caicos
Greater Antilles
Turks and Caicos (cont.)
In Grand Turk a lot of beachfront condos are being developed, but only a
few listings are available online.
The exclusive Parrot Cay island resort hosts the vacation homes of stars like
Bruce Willis, Christie Brinkley and Keith Richards. Here three-bedroom villas
start at US$10 million. Two-bedroom beach houses sell at US$5 million.
On the private residential island
of Ambergris Cay in south -
eastern Caicos, prices of home
sites range from US$650,000
to US$6.5 million.
Turks and Caicos has
been under direct UK
rule since August 2009,
following allegations
of corruption of the
former government
Buying Property
There are no restrictions on foreign ownership. Buyers are required to pay
a 10% deposit upon signing a sales agreement. Transaction is expected to
close within 30 days from date of agreement.

Caribbean Map
Western Caribbean
Atlantic Islands
Bahamas
Bermuda
Turks and Caicos
Greater Antilles
Turks and Caicos (cont.)
Property Taxes
Stamp duty rates are as follows:
Taxes
No income tax
No inheritance tax
For Providenciales, Parrot Cay, Pine Cay, Ambergris Cay, Water Cay:
Less than $25,000 no duty
$25,001 - $500,000 4% (one discounted payment of 3.6% or four payments of 1.0%)
$500,000 - $1.5 million 6% (one discounted payment of 5.4% or four Payments of 1.5%)
$1.5 million - $3 million 8% (one discounted payment of 7.2% or four payments of 2%)
Over $3 million 10% (one discounted payment of 9% or four payments of 2.5%)
For Grand Turk, South Caicos, Middle Caicos, North Caicos, East Caicos,
Salt Cay:
Less than $25,000 no duty
$25,001 - $500,000 4% (one discounted payment of 3.6% or four payments of 1.0%)
$500,000 - $1.5 million 6% (one discounted payment of 5.4% or four Payments of 1.5%)
$1.5 million - $3 million 8% (one discounted payment of 7.2% or four payments of 2%)
Over $3 million 10% (one discounted payment of 9% or four payments of 2.5%)

Chalk Sound Waterfront Home (US$950,000 - MLS: #1013214). 4 bedroom
home located on the powder blue waters of the Turks & Caicos Island's Chalk
Sound. Secluded Sapodilla Beach is a short walk away and local restaurant down
rothe ad offers great food and an excellent place to enjoy a quiet drink.
The neighbourhood is home to many attractive rental homes and the airport
is close by. Famous Grace Bay Beach and Provo Golf are only a 15min drive
away. Come visit us and discover why so many people are talking about the
Turks & Caicos Islands.
Coldwell Banker Real Estate, Turks & Caicos
Chalk Sound, Providenciales
(+1) 649-231-4790
grahamcanham@coldwellbankertci.com
www.coldwellbankertci.com
Chalk Sound
Waterfront Home
Turks and Caicos
4 - bedroom home
Price: US$950,000
Listed by: Graham Canham
Airport only 15 minutes
White sand beaches
Nearby restaurants

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Cuba
Dominican Republic
Haiti
Jamaica
Puerto Rico
s
Despite its communist history, Cuba is gradually opening its doors. Once
known as the 'Pearl of the Antilles', the island nation of Cuba has much
potential with its natural beauty, architecture, cuisine, and cultural landscapes.
Earnings from tourism are being used to revitalize the capital city of Havana.
Ecotourism is also being developed.
Many Canadian and European tourists now visit Cuba, and the island nation
seems to be on the verge of opening to property investors.
Cuba
Capital: Havana
Currency: Cuban Peso (CUP / CU$)
Language: Spanish, Creole

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Cuba
Dominican Republic
Haiti
Jamaica
Puerto Rico
s
The second largest Caribbean nation, the Dominican Republic shares the
island of Hispaniola with Haiti, and has suffered from its proximity to that
unhappy country, as well as from relatively low GDP/capita and high crime
rates. Sandy beaches, offshore coral reefs, nature reserves, arts and culture,
fascinating history, and champion golf courses nevertheless attract thousands
of visitors. The Dominican Republic has the highest mountain (Pico Duarte)
and largest lake in the Caribbean.
Tourist-friendly developments are concentrated in the eastern and northern
regions. The Dominican Republic has recently been dramatically placed on
the international yachting circuit, and new real estate developments
including luxury villas and apartments with access to golf courses and yacht
marinas are springing up.
Some of the most desirable residential areas in the country are in tourist
hot spots such as the capital, Santo Domingo, and the areas on the country's
beautiful Atlantic coast, such as the tourist towns of Sosua and Cabarete, the
peninsula of Samaná, and Puerto Plata.
Dominican Republic
Prime areas: Santo Domingo, Atlantic Coast
Capital: Santo Domingo
Currency: Dominican Peso (RD$)
Language: Spanish, English

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Cuba
Dominican Republic
Haiti
Jamaica
Puerto Rico
s
Dominican Republic (cont.)
Buying Property
There are no restrictions on foreigners buying property. Residents and
non - residents enjoy the same rights and obligations.
To purchase a property, the first thing to do is hire a reputable real estate
lawyer. There is much history of fraud by real estate agents in the country,
and little protection is offered to a buyer. Real estate agents tend to offer
higher prices to foreigners, especially when their services are employed
in English.
When this has been done and the buyer is satisfied with the supplied
information, the buyer proceeds to making payments of the remaining
balance. Payments are usually made by depositing to the lawyer's
escrow/trust account. When all has been cleared, the lawyer will transfer
the payment to the seller's account before closing.
Property Taxes
Buyers are required to pay a 3% Transfer Tax and 2% Registry Tax.
A 10% deposit is required to reserve
the property and take it off the market.
Subsequently, the lawyer will conduct
the process of due diligence. This
involves title search, overseeing the
survey, and obtaining important
documents from the seller, including
a photocopy of the title.

Island Dream Home with Private Beach (US$4,800,000). Unique, 1,000 sq. meter
seafront villa located in Rio San Juan, only 7-minutes away from Playa Grande
Golf Course, rated 4th most beautiful course in the world.
And only a 45-minute drive from the Puerto Plata International Airport and
2 hours from the Santo Domingo Airport
This fully furnished, luxurious 6-bedroom, 7-bath villa is situated directly on a
rocky shore in front of the beautiful Caribbean Sea and has a large, white sand
beach directly beside it.
The large master bedroom suite opens through French doors to a sun deck
and sea-side pool.
The villa€s five different terraces take full advantage of the magnificent sea
views and offer visitors quiet retreats to enjoy some solitude.
Coldwell Banker Rio San Juan
Rio San Juan, Dominican Republic
(+1) 829-763-3915
olivier@cbriosanjuan.com
www.cbriosanjuan.com/listing-villa-%27le-cap%27-2.html
Rio San Juan
Dominican Republic
10,764 sq. ft. (1,000 sq. metre)
6 - bedroom Villa
Price: US$4,800,000
Listed by: Olivier Lemoine
Sea-side pool
Magnificent Caribean Sea view
White sand beach
5 different terraces

Las Terrenas, Dominican Rep. Villa Loma Bonita (US$3,350,000 - MLS: #443)
10,000 sq. ft. (929 sq. metre)
8 - bedroom Villa
Price: US$3,350,000
Listed by: Mathias Jambor
Minimalist concept
Entertainment (gym, pool table)
private gated community
Infinite pool with bar
Villa Loma Bonita
Dominican Republic
is a sprawling Mexican Contemporary home designed by renowned French
architect Jacques Brown. The architecture of the home is of a minimalist
concept with very clean lines while featuring the merger of the interior and
exterior space.
Concrete construction makes up the bulk of the living space while being
softened by contrasting organic materials for wood doors and windows along
with 3 central palapa roof features.
The curved infinity pool features a swim up bar with built in under-water
concrete bar stools and is covered by a freestanding palapa covering the outside
entertainment bar making this a perfect exterior lounging area.
Additional interior enjoyment is provided for downstairs and incorporates a
gym, massage room, pool table, ping pong and TV lounge area with a meeting
table facility.
Villa Loma Bonita, located within the private gated community of Loma Bonita,
comfortably sleeps 18 people with a total of 8 bedrooms and 7 ½ bathrooms.
Coldwell Banker Coast to Coast Real Estate
(+1) 809-240-5656
jambor.mathias@gmail.com
www.cblasterrenas.com
Las Terrenas, Dominican Republic

Luxurious oceanfront villa in Cabarete, Domincan Rep. (Price: $3,450,000 -
Property ID: #277-TW). Relax in private, tranquil surroundings, hear the ocean
sound, feel the luxuriant trade wind breezes, awaken to birds songs and fragrant
flowers. This is a 7,200 square foot villa, magnificently set directly on the ocean
in an exclusive gated resort community close to Cabarete which offers a tennis
club, horseback riding, a beach club and small private beaches on its premises.
Four spacious bedrooms with gracefully curved walls, three with king beds and
one with a queen bed. Each bedroom has a bathroom en-suite. All have original
contemporary artwork, decorator wall sconces and hand crafted mahogany art
deco furnishings. Enter into a semicircular great room with curved ceiling to
floor windows showing spectacular ocean views, soaring 20 foot columns and
an open air atrium at its center. Start to unwind amongst a collection of original
artworks, pleasing to the eye, and custom made designer furniture.
A dining room and fully-appointed open kitchen surround the great room. The
media/entertainment room is equipped with a large screen flat panel satellite
TV, DVD
Coldwell Banker Amber Coast Realty
Cabarete, Dominican Republic
(+1) 809-571-3131
tony@ambercoastrealty.com
www.ambercoastrealty.com
7,200 sq. ft. (669 sq. metre)
4 - bedroom Villa
Price: US$,34500,000
Listed by: Tony Willies
Exclusive gated resort
Open air atrium
White sand beaches
Recreational activites
Cabarete
Dominican Republic

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Cuba
Dominican Republic
Haiti
Jamaica
Puerto Rico
Haiti occupies a part of Hispaniola, which it shares with the Dominican
Republic. Haiti is one of the poorest and least developed countries in
the world. It has a long history of political instability and corruption,
environmental problems, health crises, and natural disasters.
Just when Haiti was being poised for tourism growth, a devastating 7.0
earthquake struck the country in January 12, 2010, destroying much of
the capital Port-au-Prince. The death toll was an alarming 316,000.
Plans to reconstruct Haiti's economy are underway, but at the moment
the country relies on humanitarian relief.
Haiti
Capital: Port-au-Prince
Currency: Haitian Gourde (HTG)
Language: Haitian Creole, French

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Cuba
Dominican Republic
Haiti
Jamaica
Puerto Rico
Jamaica, the third largest Caribbean island, is a favourite honeymoon and
cruise destination. Its beauty lies in its mountains, thick jungle, 150 rivers,
cascading waterfalls, and white sand beaches on the north coast, where most
cruise ships dock.
Jamaica is the largest English-speaking Island and one of the most densely
populated nations in the Caribbean.
Property buyers may choose the stunning beach at Montego Bay, or the
Seven Mile white beach at Negril.
Jamaica
Prime areas: Montego Bay, Negril
Capital: Kingston
Currency: Jamaican dollar (JMD)
Language: English
Buying Property
There are no restrictions on foreign
ownership of property. The buyer is
required to pay a deposit of at least
10% once an Agreement for Sale has
been drawn up.
Property Taxes
Buyers are normally required to pay
legal fees up to 4%, stamp duty of
2.75% and a registration fee.
Income Tax
The income tax rate for non-residents is 25%. Property taxes paid, maintenance
costs, interest payments, and depreciation are deductible from the taxable
income.

Golfer's Paradise. (Price: US$2,950,000 - Property ID: #9445) One of The Tryall
Club's premium villas, superbly designed and finished with elegant interiors. All
five bedrooms with en-suite bathrooms have been positioned to maximize the
views of the gardens, pool terrace and the sea beyond.
In addition to the spacious patio that extends the full length of this villa, each
room opens in the rear onto a beautifully landscaped terrace with additional
seating - perfect for quiet times, reading and reflection. The architectural
features are completed by the use of antique brick, porcelain floors and
mahogany hardwood floors and beams. Split system air-conditioning in all
bedrooms with state of the art electronics add to the extreme comfort of this
spectacular 7,300 sq. ft. villa. Enjoy the views from the spacious terraces, large
pool or a panoramic vista from the upstairs patio. Ideally situated on two acres
of lush landscape, the villa offers complete privacy and serenity and two golf
carts make access to all the club's facilities easy.
Coldwell Banker Jamaica Realty
(+1) 876-445-1900
Hanover, Jamaica
ndelapenha@cbjamaica.com
www.cbjamaica.com
Golfer's Pradaise
Jamaica
7,300 sq. ft. (678 sq. metre)
5 - bedroom villa
Price: US$2,950,00
Listed by: Nicola Delapenha
Full length spacious patio
Beautifully landscaped terrace
Elegant interiorss
Views of the gardens,
pool terrace & the sea

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Cuba
Dominican Republic
Haiti
Jamaica
Puerto Rico
The Commonwealth of Puerto Rico is a self-governing, unincorporated
territory of the United States. This means that Americans don't need a
passport to go there, and it has long been one of their favoured holiday
destinations, from cash-strapped college students to luxury travellers. The
government plans to expand resort tourism as Cuba may pose a challenge
once it opens to the US market.
Puerto Rico's beauty lies in diversity - beaches, rivers, hills and mountains. Its
rainforests are home to many exotic animals and endangered species. The
culture is a mix of Caribbean, Latin and American influences.
The country is one of the most densely populated islands in the world, with
almost four million inhabitants. Its economy is fuelled by the manufacturing
sector.
There are numerous properties for rent and sale in the island - houses,
villas, condos, and apartments. Houses priced at US$600,000 and up are
considered luxury properties.
There is an ongoing political debate as to whether Puerto Rico should obtain
full independence, or remain a Commonwealth of the US.
Buying Property
Foreigners can freely buy property in Puerto Rico. To enter into a real estate
transaction, it is important to hire a real estate agent as knowledge in Spanish
is very much needed.
When an agreement has been reached, a deposit of 5% of the purchase price
is usually paid by the buyer. The deposit is non-refundable if the buyer decides
to back out of the transaction. In case the seller backs out, the seller will pay
the buyer twice the amount of the deposit or earnest money provided.
Puerto Rico
Prime areas: Rio Mar, Bahia Beach, San Juan
Capital: San Juan
Language: Spanish, English

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Cuba
Dominican Republic
Haiti
Jamaica
Puerto Rico
Puerto Rico (cont.)
Buying Property
The seller usually pays for the notary's fees, and real estate broker's commission
(unregulated). The buyer, aside from the down payment, also pays for title in -
surance and documentary stamps on the deed. Additional costs may include
appraisal and inspection fees. Property taxes, on the other hand, are prorated.
Since property taxes are usually paid at the end of the year, the buyer and the
seller share the expense according to the number of months each owns the
house during the year of the transaction.
A foreigner can also take the corporate route to acquiring property in Puerto
Rico. Costs for registering a property obtained through a corporation include
US$300 for Corporate Resolution. This is prepared by a notary to authorize
the representatives of the buying corporation to appear in the deed of purchase
and sale. There also are additional costs for Internal Revenue Stamps. The whole
process of registering a property by a corporation can be completed in around
15 days.
Property Taxes
The seller is responsible for the notary fees (2%) whilst the buyer is responsible
for the Registration fees (0.5%) and legal fees (1%).
Capital Gains
Capital gains are taxed at a flat rate of 29%.
All real estate titles are recorded
in the Registry of Property. The
titles are further categorized into
subsections according to the
territory where the property is
located. It is important to file the
title of the property under the
correct section to prevent any
objections from the Registry
officials, who check the title's
legality and requirements.

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Constituent countries of the
Kingdom of the Netherlands
Autonomous special
municipalities of
the Netherlands
Aruba is unique in the Caribbean for its rugged landscape dominated by
cactuses and divi-divi trees. The island also has many white sandy beaches,
which attract many tourists. But while there are many new developments,
the real estate market has been sluggish.
One advantage of Aruba is that it lies outside the Hurricane Belt.
Capital: Oranjestad
Currency: Aruba Florin (AWG)
Language: Dutch, English, Spanish
Aruba
Buying Property:
No license is required to buy
property.
Property Taxes
Buyers must pay a 3% transfer
tax and 1% notary costs.
The Netherlands Antilles was
dissolved in October 10, 2010. Like
Aruba, Curacao and Sint Maarten
are now constituent countries of
the Kingdom of Netherlands. The
Netherlands Antillean guilder will be
replaced by the Caribbean guilder,
a new currency, in 2012. For the time
being, the US dollar is used.

Aruba Oceanfront Villa (US$1,645,000 - Property ID: #405) Great and Unique
Opportunty!. This exceptional villa is located in Malmok, Aruba and gives you
unmatched luxury. The spacious luxury European kitchen is cozy; the dining and
& living room have a STUNNING view over the Ocean. The open, spacious layout
trulty commemorates the Caribbean lifestyle. The villa is fully air-conditioned.
The 3 spacious bedrooms have a beautiful interior and feature an ensuite
European bath and ample closet space. The spacious master bedroom features
a walkout to the ocean front terrace to enjoy the sunrise. The swimming pool is
surrounded by a Tropical garden including Palm Trees and exotic flowers.
Next to the house is a wonderful guest apartment with a kitchen, living room,
master bedroom and bathroom. Plus maidsquarter with bathroom and a
separate laundry room. The plot has 13218 sq ft (1228 m2) and the built area
is 4908 sq ft (456 m2). Own a villa at the most upscale residential area of
Aruba, just a minute drive from the 18 hole Tierra del Sol Golf Course, Unique
ocean living!
Coldwell Banker Aruba Realty
Malmok, Aruba
(+1) 297-588-7781
info@coldwellbanker.aw
www.coldwellbanker.aw
Aruba Ocean Front Villa
Aruba
13,218 sq. ft (1228 sq. metre)
3 - bedroom villa
Price: US$1,645,000
Listed by: Jan Welage
Most upscale residential area
Palm tree surrounded pool
Spectacular sea views
18 hole Tierra del Sol Golf Course

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands
Anguilla is a British Overseas Territory. It is one of the most chic destinations
in the Caribbean, attracting the rich and the famous, including A-list celebrities.
Most visitors come from Europe and North America.
Anguilla's range of attractions includes 33 exceptionally beautiful sandy
beaches, coral reefs and small islands and cays.
Development of high-end tourism began in the 1980s. Yet despite this,
Anguilla has successfully avoided overdevelopment. The small island remains
relatively uncrowded.
Tourism and financial services are the main revenue sources for Anguilla.
The tourist industry is geared at the luxury market, and has world-class
infrastructure and facilities, making it a great investment choice.
The property market is dominated by multimillion dollar properties, luxurious
villas and vacation homes. Villas usually sell for US$3 million to US$4 million.
Smaller homes sell from US$700,000. Most real estate buyers in Anguilla are
Americans and Europeans.
Capital: The Valley
Currency: Eastern Caribbean Dollar (ECD)
Language: English
Anguilla (British West Indies)

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands
Anguilla (cont.)
Buying Property
Foreign buyers are required to obtain an Alien Landholders License from the
government. It is a straightforward process and involves an application, a
personal reference, and a bank reference. The application fee is $400.
Since the country is so small, the government restricts foreign land ownership.
Foreign buyers of undeveloped land are restricted to parcels no bigger than
half an acre, and to rocky coastlines. Construction must be completed within
18 months from the date the license is issued, or penalties are charged or the
land forfeited.
Sandy beachfronts are reserved for tourism and commercial purposes.
Buyers are also required to start construction within 18 months of the
closing date.
Property taxes
Foreign buyers are required to pay a 12.5% percent stamp duty, and 5%
transfer tax.

Antigua and Barbuda is known as a luxury holiday and wedding destination.
It boasts 365 beaches. The world-class regatta, Antigua sailing week, is also
a major tourist draw. The twin nation is now being promoted as a family
oriented vacation spot.
Antigua & Barbuda
Capital: St John's (Antigua) Codrington (Barbuda)
Language: English
Prime areas: Jolly Harbour, Jumby Bay, NonSuch Bay
The twin nation has a stable political
system. Antigua has attracted
celebrities like Oprah Winfrey,
Giorgio Armani, Richard Branson
and Eric Clapton.
Attractive exclusive developments
on the islands include Jolly Harbour,
Jumby Bay, and NonSuch Bay.
On NonSuch Bay, three-bedroom beachfront apartments cost US$475,000 to
US$995,000 and exclusive townhouses go from US$950,000 to US$1,150,000.
Buying Property
Upon paying a deposit, foreign nationals are required to apply for an Alien
Landholders License, which costs 5% of the property's value and is specific
to the property. It usually takes up to four months to be approved.
As the country is small and mountainous, development is restricted and
there is limited number of properties available for purchase. Most properties
are freehold.
Land can be bought or leased from the government, which owns 55% of
land in Antigua, or the private market. Land ownership in Barbuda is prohibited.
Oprah Winfreys' Antigua beach house
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands
Antigua and Barbuda (cont.)
Property Taxes
Buyers are required to pay 2.5%
stamp duty, and legal fees.
Individual taxation
Income of non-residents is taxed
at a flat rate of 25%.
There is no capital gains tax.

The British Virgin Islands is made up of over 50 islands and cays with lush
mountains, white sand beaches, blue waters and coral reefs. Its main islands
are Tortola, Virgin Gorda, Jost Van Dyke and Anegada.
BVI is a British Overseas Territory. It is one of Caribbean's more prosperous
economies, supported by offshore corporations attracted by the territory's
low tax regime.
The BVI has done well in protecting and preserving the natural beauty of the
islands. Developments in the islands are minimal. There are still many un -
spoiled beaches. The islands are renowned for luxury pastimes including
diving, sailing and yachting.
Tortola is the largest and the most populated island in the BVI. The island is
known for its pristine white sand beaches, aquamarine waters and yacht
charters.
Virgin Gorda is secluded and peaceful, making it the choice of the wealthy
who want ultimate privacy.
Prices for luxury villas typically range from US$1.2 million to US$3.5 million.
Properties priced over US$10 million are also available.
The new development Oil Nut Bay offers homes for sale from US$2 million up
to US$25 million. There is also a new development in Anegada.
Most rental villas can be found in Tortola. Rents for three-bedroom villas are
from US$3,000 to US$4,000 per month. For four- to five-bedroom luxury villas,
rent is from US$5,000 to US$6,000 per month.
The average rent for a one-bedroom apartment is US$1,500 per month, and a
two-bedroom apartment rents for around US$2,000 per month.
British Virgin Islands (British West Indies)
Capital: Road Town (Tortola)
Language: English
Prime areas: Tortola, Virgin Gorda
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands
British Virgin Islands (cont.)
Buying Property
Non-residents require a Non-Belonger Land Holding License (NBLHL) which
costs US$800 and takes 1-2 years to obtain. 99% of license applications are
accepted.
Values in the islands held strong in the face of the global recession. Property
prices have continued to grow steadily.
Property taxes
Buyers are required to pay stamp duty of 12% of the property value upon
transfer of title.
An annual Land Tax of $50 must also be paid for any land under a half of an
acre, and $150 for any land over half an acre, plus $50 for each additional acre
House Tax is 1.5% per annum of the assessed rental value.
Individual Taxes
No income tax
No inheritance tax

(US$850,000 -Waterfront townhouses with docks at Nanny Cay Marina BVI.
MLS: # CS339). Nanny Cay Village is Tortola's flagship marina located within a
natural basin on the south side of Tortola in the British Virgin Islands. A thriving
and bustling apartments, tennis courts, a large swimming pool, restaurants and
a spa. And the list is growing...
Thirty-two luxury waterfront townhouses are now being built on a private water-
way with access to Sir Francis Drake Channel. These two and three-bedroom
townhouses blend classic Caribbean architecture with the latest in European
design concepts and standards. Luxury Living This exciting new townhouse
development offers a combination of contemporary living with modern design.
Each townhouse incorporates a stylish interior, together with sleek and modern
appliances.
The townhouses are set over 2 and 3 levels* providing an elegant and spacious
home. In addition, each townhouse will include a private decking area, air
conditioning and a designated mooring space for each owners boat (up to 24',
space guaranteed for larger boats in the marina) You can be assured the
townhouses will offer fresh and exciting designs, within a beautifully landscaped
setting. A dock in the marina for larger boats is guaranteed. Entirely optional
competitive rental program available.
Coldwell Banker BVI Real Estate
Road Town Tortola, British Virgin Islands
(+1) 284 495 3000
chris@coldwellbankerbvi.com
www.coldwellbankerbvi.com
32 waterfornt townhomes
2 and 3 bedrooms available
Price: starting at US$850,000
Listed by: Chris Smith
Marina with berths
for 180 yachts
Full access to hotel facilities
Oceanfront pool and beach
Restaurants and Supermarkets
Waterfront townhouses with
docks at Nanny Cay Marina

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands
Dominica is home to 365 waterfalls, and lush rainforests and black sand
beaches. It has the world's second largest boiling lake.
Dominica's property market is less developed compared to other Caribbean
islands and developments are small-scale.
The government encourages property investments in the island. Through the
Economic Citizenship Programme, buyers investing US$100,000 in approved
property developments can obtain Economic Citizenship, with all its tax
benefits. There is no need to renounce existing citizenship or become a
resident in Dominica.
Dominica
Capital: Rouseau
Language: English, French Creole
Buying Property
Foreign buyers don't need a license to
purchase up to 1 acre of land for residential
purposes or up to 3 acres of land for com -
mercial purposes. Those acquiring more
require an Alien Land Holding License, which
costs 10% of the value of the land.
Property Taxes
Buyers are required to pay 4% stamp duty, 2.5% judicial fees, 1% assurance
fund and 3% legal fees.

and humid western island of Basse-Terre, which is dominated by the La
Soufriere Volcano.
Guadeloupe has many sandy beaches, which are great for bathing - the
biggest draw for tourists, which mostly come from metropolitan France.
There are large upscale beachfront properties, but not as sophisticated as
those in Martinique, another French overseas department.
The island's economy is still largely dependent on France, exporting much
of its agricultural produce to the mother country, and importing machinery.
French taxes apply and French citizenship rights are given in Guadeloupe.
Buying Property
There are no restrictions on foreign ownership of properties in Guadeloupe.
Upon agreeing the price, both parties will be required to sign a preliminary
agreement. This usually takes the form (in the North) of an option (promesse
unilatérale de vente), with a 5% to 10% penalty if the option is not exercised,
usually secured by a deposit held by the notaire. There is a 7-day cooling-off
period, within which the buyer can change his mind.
Guadeloupe is an 'overseas departments of France. It is
an archipelago consisting of two main islands; the flat and
dry eastern island of Grande-Terre, and the mountainous
Guadeloupe
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands
Guadeloupe (cont.)
Property Taxes
There are two types of property taxes in Guadeloupe, as in France: the taxe
d'habitation and the taxe foncière.
Whoever resides in a building is obliged to pay the tax d'habitation. Rental
leases provide that the tenant will reimburse the landlord for the taxe
foncière, which is otherwise payable by the owner of the property. The tax
foncière is a combination of a tax for the building (taxe foncière bâtie) and for
the land (taxe foncière non bâtie).
Rental Income Tax
Net income received by a non-resident is subject to a minimum income
tax rate of 20%, unless the taxpayer can prove that, if he had been resident
in France, his effective rates of taxation (on his worldwide income) would
have been lower than 20% (which is unlikely). This rate applies to both
furnished and unfurnished rentals.
Capital Gains Tax
EU residents and residents of France
pay 16% on the net gain, after
deduction of acquisition (7.5%) and
improvement costs (15%).
For both residents and non-residents,
discounts of 10% a year are allowed
after the fifth year of ownership.
After 15 years no gain is chargeable
to tax.
Owners who are not residents of an EU country pay CGT at a rate of 33.3%,
subject to any applicable double tax treaty. There is no allowance for the
first 5 years of ownership, but every year, from then on, there is 10%
off the capital gain. Property owned for more than 15 years is free of CGT.

Montserrat is a British Overseas Territory. The eruption of Soufrière Hill
Volcano in 2003 devastated most of the island.
The real estate market is almost non-existent as most of the island is un -
inhabitable due to continuous volcanic activity. There are a few buildings
available for short- or long-term rent. Brades is the temporary capital, while
a new town is being built at Little Bay in the north of the island.
Buying Property
An Alien Landholding License must be secured from government authorities.
A sales contract is always conditional upon the application and approval of
this License. Approval can take between four to eight weeks. Upon signature
of contract, 10% of the agreed price as down payment must be paid. The
balance of the purchase price is payable usually within 30 days upon approval
of the License. The seller then signs a memorandum of transfer in your favor.
Your lawyer, in turn, will have the title transferred to your name.
Individual Taxes
Montserrat
Capital: Plymouth / Brades
Currency: East Caribbean Dollar (ECD)
Language: English
Income Tax
Non-residents earning rental income in
Montserrat are taxed at a flat rate of 10%.
Property Tax
Property taxes are levied on the annual
market value of the land as determined
by the valuation officer (tax authorities).
For residential properties, these taxes are
levied at 1.65% land tax on the market
value of land, and 0.3% house tax on the
market value of the building structure.
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands

St Kitts and Nevis combines old world charm with natural unspoilt beauty.
The islands' beaches are largely unspoilt. Mountains, rivers and rainforests
fill St Kitts, interiors. The islands also boast a vibrant culture.
The islands are politically and economically stable.
Many buyers are encouraged by the Economic Citizenship Programme. This
programme allows foreign nationals to become citizens for an investment of
US$400,000 (of which US$350,000 is to be invested in government
approved real estate and the remainder a non-refundable payment to the
government).
Prices here have been steadily rising, but the islands are still one of the
most affordable to invest in the Caribbean.
Capital: Basseterre (St Kitts), Charlestown (Nevis)
Language: English
Buying Property
Foreigners interested in buying property
here must obtain an Alien Landholders
License. This is property-specific and
non-transferable. The cost of license
is 10% of the purchase price of the
property.
Property taxes
Required to cover 2% legal fees.
Taxes
No tax on foreign income
No inheritance tax
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands

Nevis Mountain Retreat (US$2,200,000 - MLS: #129). Magnificant, luxury villa
situated in the old Zetland's Plantation on 1.4 acres. At 1,000 feet above sea
level, this villa has the most splendid 360 degree views of the Caribbean Sea
and Mount Nevis.
With over 10,000 sq. ft. of indoor and outdoor living space, this villa is designed
for the utmost privacy. There are two separate master suites overlooking the
circular pool and gazebo, both with lavish marble baths, dressing room and
spacious closets. The pool, with a cold water spa, has an outdoor bathroom,
kitchen and bar that opens onto the terrace for casual outdoor dining in the
covered pavilion. From the pool area up a large circular stairway there is a third
separate bedroom with marble bath and sitting room/office.
This home is luxuriously appointed with a combination of West Indian and
Plantation-style mahogany/cane furniture. Gourmet kitchen and an open,
spacious living/dining area with French doors opening on three sides to the
sea views.
Coldwell Banker St. Kitts-Nevis Realty
Nevis
(+1) 869-469-9403
info@coldwellbankernevis.com
www.coldwellbankernevis.com
Nevis Mountain Retreat
Nevis
2 - master suites
Price: US$2,200,000
Listed by: Rosalind Borg
1.4 acres
spread over 10,000 sq. ft.
1 bedroom and office
5 bathrooms

St Martin, an overseas collectivity of France, shares the small island of Saint
Martin with the Dutch Sint Maarten, now an independent country.
The sophisticated St Martin is renowned for its nude beaches, first-class
resorts, luxury properties, shopping, and restaurants. The island is served by
large jets carrying tourists on a daily basis. About a million tourists visit the
island annually.
Saint Martin (French West Indies)
Capital: Marigot
Currency: Euro (EU)
Language: French, English
Buying Property
There are no restrictions on foreign
ownership of properties in St Martin.
A 10% deposit is paid into an escrow
account. A notary will take care of
legal matters.
The notary handles the real estate
transaction and ensures the title
transfer; the buyer does not need
to retain the services of an attorney.
Property Taxes
There is a 7.5% transfer tax and registration tax, plus an annual property
tax and an annual living tax.
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands

The US Virgin Islands consist of the four main islands of St Thomas, St John,
St Croix and Water Island, with many smaller islands. The islands were
purchased in 1917 by the USA from Denmark.
St Thomas is mostly mountainous. Luxury gated communities have been going
up here. It has the most visited port in the Caribbean, attracting nearly
2 million tourists.
St. John is the wealthiest and most expensive of the US Virgin Islands. Real
estate developments are restricted. Thus much of its natural beauty has been
preserved. St John is home to a National Park which has some of the best
beaches and coral reefs in the world.
Some condominium developments on St. John offer full ownership while
others operate as timeshares or run on fractional ownership. Most of these
residential projects are located in Cruz Bay. In Ditleff Point on St. John's South
Shore, prices ranging from US$895,000 to US$2.4 million.
St Croix is the largest island in the US Virgin Islands, and has white-sand
beaches. Three new resort-casinos are being developed here.
There is limited supply of long-term private rental properties in US Virgin
Islands. Most are located in St Thomas and St Croix, but St John has the most
expensive rentals.
One-bedroom apartments rent for about US$1,000 to US$1,800 per month.
In the upper-end market, three to four-bedroom beach houses cost from
US$3,500 to US$7,000 per month.
U.S. Virgin Islands
Capital: Charlotte Amalie (St Thomas)
Currency: US dollar (US$)
Language: English, Spanish, French, Creole
Prime areas: St Thomas, St John, St Croix
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Aruba
Anguilla
Antigua and Barbuda
Dominica
Guadeloupe
Montserrat
Saint Martin
U.S. Virgin Islands
Autonomous special
municipalities of
the Netherlands
US. Virgin Islands (cont.)
Buying Property
There are no restrictions on foreign property ownership in the USVI.
The rest of the process will be handled by the lawyer. A title search is
recommended. It is also an option to hire a professional inspector to check if
the property is in good condition.
Closing usually involves meeting with the seller when the final payment is
made and the deed transferred to your name. Deeds are recorded and filed at
the Recorder of Deeds. Ownership of property in the US Virgin Islands has the
same guarantees and constitutional protections as any other state within the
United States.
Ownership of property in the US Virgin Islands has the same guarantees and
protections as in any state within the United States.
When the property has been decided
on and negotiated, hire a lawyer to
graft the purchase contract. This states
the price, deposit, and terms of
transaction. Upon signing, an earnest
money deposit of US$1,000 is paid,
which is then raised to 10% - 25% of
the property value within ten days.
Property Taxes
Buyers are required to pay a small
recording fee plus legal fees (2%).
Capital gains tax
Capital gains on real property held for
more than one year are generally taxed at
a maximum rate of 15%. Capital gains
received by taxpayers within the 10% and
15% tax brackets are taxed at a flat rate of 10% as of 01 January 2011. For all
other taxpayers, capital gains are taxed at a flat rate of 20%.

Water Point - Best priced villa in the best community on St Thomas!
(US$1,950,000 - MLS: #11-207). Beautiful 2-bedroom, 2-bath villa with
2-bedroom, 2-bath apartment below.
Amazing pool and pool deck with covered terrace situated to maximize
the gorgeous views of the Caribbean Sea and the islands beyond. Open
concept dining, great room and modern kitchen. Great entertaining areas
for small & large parties!
Must be Seen. Also additional space where you can enlarge your living area
or office space. Entrance to Water Point Gated Community next to the
famous Ritz Carlton Resort.
Coldwell Banker Stout Realty
Estate Nazareth, St. Thomas, USVI
(+1) 340-776-7653
Jeyan@ColdwellBankerSTT.com
www.ColdwellBankerSTT.com
Water Point
Saint Thomas
2 - bedroom villa
2 - bedroom apartment
Price: US$1,950,000
Listed by: Jeyan Stout
Gated community
Spacious pool area
Spectacular Caribbean Sea view
Lush surroundings

Solitude Beach. (US$2,795,018 - MLS: #11-442) Situated on over one acre of
coconut palms and on a rare private white sand beach the main house benefits
from sweeping vistas of turquoise Solitude Bay and pristine Buck Island.
The open floor plan is accentuated by a covered gallery running the length of the
house affording delightful shaded, and breezy relaxation areas. The abundance
of amenities include a solid concrete pavilion located on the beach that is
perfect for tropical parties. Fully air conditioned and gated including the care
takers cottage Solitude Shores offers ideal island living under the American flag
in St. Croix, US Virgin Islands.
Coldwell Banker Land-de Wilde Realty
(+1) 340-718-7000
St. Croix, U.S. Virgin Islands
amydewilde@att.net
www.coldwellbankervi.com
Solitude Shores
St. Croix
4 - bedroom villa
Price: US$2,795,018
Listed by: Amy Land-de Wilde
1 bedroom guest house
Sandy private beach
20 x 12' seaside pool
Concrete beach bar pavilion

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Curacao
Sint Maarten
Autonomous special
municipalities of
the Netherlands
Curacao, the most populous island among the former Netherlands Antilles
group, is renowned for its distinctive culture, lively casinos, and duty-free
shopping.
Curacao has one of the highest standards of living in the Caribbean. The
island owes its considerable income to tourism, oil refining, financial services,
shipping and international trade.
Architecturally, Curacao is an important island as many of its historic Dutch
buildings have been preserved, and converted into hotels, shops and
restaurants.
The island's most popular beaches, including Blauwbaii (Blue Bay), are on
the southern coast. There are several upscale resorts and residential
developments that offer luxury villas and apartments.
Buying Property in Curasao, Bonaire, Saba and Sint Eustatius
There are no restrictions on foreigners buying property in the Dutch islands,
of Curasao, Bonaire, Saba and Sint Eustatius. An alien's license is not required.
Foreign buyers need to pay a deposit of 10% of the purchase price within three
to five days upon price agreement. In Bonaire and Curacao, the deposit must be
paid within seven days.
Curacao
Capital: Oranjestad
Currency: US dollar (US$) - Caribbean guilder by 2012 (CMg)
Language: Papiamentu, Dutch, English, Spanish
Prime areas: Blauwbaai/Blue Bay, Willemstad

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Curacao
Sint Maarten
Autonomous special
municipalities of
the Netherlands
Curacao (cont.)
Buying Property in Curasao, Bonaire, Saba and Sint Eustatius
In purchasing property it is best to appoint a real estate agent, but there is no
need to hire a lawyer. The notaris in the Island will take care of due diligence
and all legal matters, and are mandated by law to serve both parties.
The procedure for registering property takes up to 32 days.
Property Taxes
Buyers must pay a transfer tax of 3% and notary fees of 1%.
Bonaire and Curacao charge 0.3% ground tax. In addition to that, a 15%
municipal surcharge is levied on the amount payable in Curacao.
There are no property taxes in Sint Maarten, Saba, and Sint Eustatius.

This home (US$3,500,000 - Property ID: #356) is located in the Santa Barbara
Plantation Resort in Curacao island. This resort is destined to become the finest
year-round resort community in the Caribbean. Residents and guests will enjoy
wind surfing, scuba diving, snorkeling, sailing, biking and jogging. There is a
challenging Pete Dye Golf Course and the beautiful new Hyatt Regency Curacao
Golf Resort, Spa and Marina with an array of attractive residences designed for
vacationing or year-round living all on the same plantation.
Immediately upon entering what strikes you is the pool area, complete with
waterfalls and spacious pooldeck. This home consists of a very roomy covered
porch, living, dining, a large master bedroom with en-suite large bathroom and
walk-in closet. Open kitchen has granite counter -tops and a separate pantry.
This floor also has a guest powder room. By means of an elevator or stairs the
lower level/basement can be reached. Here you will find 4 more bedrooms that
are currently being used as a TV room, an office space, a gym and a guest bed -
room with bathroom. The home has a covered garage for 2 cars. This home has
a back up generator and beautifull tropical landscaping.
Coldwell Banker Curacao Real Estate
Curacao, Dutch Caribbean
(+1) 5999-461-6558
info@coldwellbankercur.com
www.coldwellbankercur.com
Santa Barbara
Plantation Resort
Curacao
Price: US$3,500,000
Listed by: Soraida Knoop
1,500 acres of hillside,
beaches and bay front
Beautiful tropical landscape
Numerous watersports to enjoy
Challenging Pete Dye Golf Course

Sint Maarten, once an island territory of the Netherlands Antilles, is now a
constituent country of the Netherlands. It covers the southern half of
Saint Martin Island.
Sint Maarten has a thriving and very lively tourism industry, thanks to its s
cenic beaches and a few historic sites. This southern part of the small island
of Saint Martin, which it shares with the French St Martin, is also renowned
for its cruise ports, nightlife, casinos, and rum-based exotic drinks.
Real estate developments are scattered around the island. Cole Bay and
Cay Bay offer condominiums, vacation homes and bay-front villas which are
near snorkelling spots. High-rise condominiums tower on Cupecoy Bay,
which has a beautiful white sand beach and cliffs.
Pelican Key is an upscale residential area consisting of luxury condominiums,
timeshare complexes, elegant resorts, and villas. It is one of the most
developed residential and resort locations on Sint Maarten. The starting
price of villa properties for sale here is US$350,000.
Buying Property
There are few restrictions on buying property in Sint Maarten. It has no
annual property tax and no personal capital gains tax. The civil law notary
handles the real estate transaction; since the notary is also an attorney, it is
not necessary for the buyer to retain one.
Sint Maarten
Capital: Philipsburg
Currency: US dollar (US$) - Caribbean guilder by 2012 (CMg)
Language: Dutch, English
Prime areas: Philipsburg, Cupecoy Bay, Pelican Key, Cole Bay/Cay
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Curacao
Sint Maarten
Autonomous special
municipalities of
the Netherlands

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Autonomous special
municipalities of
the Netherlands
Bonaire
Saba
Sint Eustatius
Bonaire
Capital: Kralendijk
Currency: US Dollar (US$) as of January 1st, 2011
Language: Papiamentu, Dutch, English
Prime areas: Kralendijk, Belnem, Punt Vierkant, Sabadeco
Most visitors come for Bonaire's spectacular dive sites. Like Curacao, Bonaire
is arid - half is hilly, and the other is flat, where the beaches, bays and reefs
are found.
Like Aruba and Curacao, Bonaire lies outside the Hurricane belt.
Buying Property
Foreigners are welcome to purchase property, though if they plan on living
there year round they should apply for residency.
Upmarket areas in Bonaire include Belnem and Punt Vierkant.
When the buyer makes a preliminary purchase agreement on a home, he
places 10% to 15% of the purchase price in escrow with a notary within seven
days of signing the agreement. The deed is notarized and the property will be
registered. The notary will handle the transaction, ensure the title transfer and
represent both parties, so it is not necessary for the buyer to have a lawyer for
the procedure.
Costs involved in buying property include notary costs (which depend on the
property price), transfer taxes (5% of the purchase price), a settlement property
tax (from US$200 to S1400 annually depending on the value of the estate). The
total amount of the closing costs is approximately 6.5% of the property price.
There is not much development in Bonaire and
it remains mostly unspoiled and quiet. The is -
land is very open to tourism but residents fight
for the protection of the natural environment.
Properties in Bonaire range from oceanfront
villas and beach apartments in Kralendijk, to
upscale townhouses in Sabadeco. There are
many small-scale residential developments
around the island.

Saba
Capital: The Bottom
Prime areas: The Bottom, Windwardside
Saba, the smallest island in the former Netherlands Antilles group, has no
beaches. But it is famous for its ecotourism - hiking trails, rugged terrains,
and spectacular scuba diving spots of coral reefs, volcanic walls and abundant
marine life.
The island lacks commercial development and is quite isolated, making it a
favourite honeymoon destination.
Buying Property
There are no restrictions on foreigners buying property in the Dutch islands. An
alien's license is not required. Foreign buyers need to pay a deposit of 10% of
the purchase price within three to five days upon price agreement. For further
details see our coverage of Curasao.
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Autonomous special
municipalities of
the Netherlands
Bonaire
Saba
Sint Eustatius

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Leeward Islands
Autonomous special
municipalities of
the Netherlands
Bonaire
Saba
Sint Eustatius
Sint Eustatius
Capital: Oranjestad
Prime areas: Oranjestad, Concordia
Sint Eustatius, also called Statia, has rugged coasts and black sand beaches.
There are two dormant volcanoes on the island. Like Bonaire and Saba, it is a
favourite diving destination. Tourism is the island's major industry.
Buying Property
There are no restrictions on foreigners buying property in the islands. An
alien's license is not required. Foreign buyers need to pay a deposit of 10% of
the purchase price within three to five days upon price agreement. In Bonaire
and Curacao, the deposit must be paid within seven days.
In purchasing property it is best to appoint a real estate agent, but there is no
need to hire a lawyer. The notaris in the Island will take care of due diligence
and all legal matters, and are mandated by law to serve both parties.
The procedure for registering property takes up to 32 days.
Property Taxes
Buyers must pay a transfer tax of 3% and notary fees of 1%.
Bonaire and Curacao charge 0.3% ground tax. In addition to that, a 15%
municipal surcharge is levied on the amount payable in Curacao.
There are no property taxes in Sint Maarten, Saba, and Sint Eustatius.

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -Leeward Islands
Lesser Antilles -
Windward Islands
Barbados
Grenada
Martinique
Saint Lucia
Trinidad and Tobago
Barbados
Capital: Bridgetown
Currency: Barbadian Dollar (BB$)
Language: English
Prime areas: West Coast (Platinum Coast), St James
Barbados has the most expensive luxury properties in the Caribbean, with
prices ranging from US$4 million to US$40 million. For the extremely wealthy,
there are houses that come with US$75 million price tags.
Luxury houses and villas still dominate the market, but apartments and
condominium units priced between US$145,000 and US$1 million are now
common.
Many billionaires own homes on the Platinum Coast, which is the West Coast
of St. James. Here villas go for US$3 million and townhouses for a little less
than US$1 million.
The major luxury development Apes Hill on St. James offers plots of land
between US$4 million and US$8 million. New developments are also coming
to the North, particularly in Schooner Bay and St. Peter's Bay. Luxury homes
sell from US$2.1 million to US$3.4 million.
As a former British colony, Barbados' legal system is very similar to the UK.
Buying Property
There are no restrictions on non-Barbadians buying and selling property in
Barbados. Nonresidents must obtain permission from Barbados' Central Bank,
which is pro forma, but failing to do so will void your purchase.
The Central Bank of Barbados requires registration of all money brought into
the country. It is best to hire a lawyer to help with the Central Bank and
purchase transaction.

Barbados (cont.)
Buying Property
Once agreement about the price has been reached, the purchaser and vendor
sign a contract prepared by the vendor's attorney. At this time a 10% deposit
is paid by the purchaser which the vendor's lawyer will hold in escrow until
completion, when the balance of the purchase price is paid and the title passes
to the purchaser by way of the conveyance.
In Barbados property passes by conveyance of title. A purchaser will need a
registered Barbadian attorney to search the register and establish title to the
property prior to the completion of a sale.
Between the time of executing the contract and the completion of the sale, the
legal representative of the purchaser will search the title, and ensure that there
are no encumbrances, charges, encroachments, or other impediments to the
sale. This normally takes two to three months.
The final step is for the vendor to pay for the transfer taxes and the government
stamp duty.
Income Tax
Rental income
Rental income from residential property is taxed at a special flat rate of 15%.
Capital Gains Tax
Property Taxes
There are no property or transfer
taxes for the purchase of property,
but 1-2% legal fees for the transaction.
Individual Taxation
Non-residents are liable to tax on
their Barbadian-sourced income.
Married couples are taxed separately.
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Windward Islands
Barbados
Grenada
Martinique
Saint Lucia
Trinidad and Tobago

St. james, Barbados (US$2,950,000 - Property ID: #173). The large wrap around
covered terrace provides fabulous entertaining space suitable for watching the
sunset and intimate dining.
The large sun terrace and big negative edge pool make this villa ideal for low
key enjoyment of Barbados's year round sunshine.
With 3 large double bedrooms with ensuite bathrooms and a spacious master
suite occupying the whole of the top floor, this villa is a true family gem.
The master suite has great views of the sea from the balcony and bedroom, a
huge walk in dressing room and a master bathroom combining double vanities
expansive shower and freestanding bath.
Greentails is a successful luxury development that sits alongside the
established and high end residential areas of Sion Hill, Mahogany Park and
Turtle Back Ridge, offering a peaceful and private location. In comparison to
some other development areas, owners benefit from quiet enjoyment and
low community charges.
Coldwell Banker The Real Estate Company
St. James, Barbados
(+1) 246 230-2642
draizman@coldwellbankerbarbados.com
www.coldwellbankerbarbados.com
4,917 sq. ft (457 sq. metre)
4 - bedroom villa
Price: US$2,950,000
Listed by: David Raizman
Gated, Peaceful & Private
Ideal holiday or a second home
Spectacular sea views
5 mins drive from shops, bars &
exclusive beach front restaurants
Luxury villa
Barbados

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Windward Islands
Barbados
Grenada
Martinique
Saint Lucia
Trinidad and Tobago
Grenada
Capital: St Georges
Language: English, French Patois
Prime areas: Grand Anse
Grenada is one of the best diving spots in the Caribbean. The island, known
as the 'Isle of Spice' for its abundant nutmeg and cinnamon production, boasts
lush rainforests and beautiful coasts.
Grenada's property market is small, but poised for growth. Properties available
for sale are two- to three-bedroom villas and residential lots.
Buying Property
Foreigners who buy property must
apply for an Alien Land Holding License.
Once the license is granted, 10% of the
property's price is paid to the govern-
ment as Alien Land Holding Tax. A bank
reference and home country police
clearance are required. The buyer also
must pay 1% stamp duty. Legal fees are
about 2% of the property price.
Property Taxes
Buyers are required to pay a 3% Transfer Tax and 2% Registry Tax.

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Windward Islands
Barbados
Grenada
Martinique
Saint Lucia
Trinidad and Tobago
Martinique (French West Indies)
Capital: Fort-de-France, Lamentin
Currency: Euro (EU)
Language: French
Martinique is a flourishing tourist destination that caters mostly to the French
market. It is an 'overseas department' (DOM) of France, and thus almost all
housing is subsidized under the Loi Girardin, which allows 40% of a DOM -
located property purchase cost to be written off against future tax payments.
Such incentives have spurred an entire industry of financial consultants advising
on 'defiscalisation'.
Property prices have greatly risen in the last few years, typically to over
€150 per sq. m (US$204) in Martinique. Land has become very scarce in
Fort de France and Lamentin, Matinique's main business areas, and in
Trois Islets and Point du Bourg, the tourist areas.
Taxes
Rental Income
The net income received by a nonresident is subject to a minimum income
tax rate of 20%, unless the taxpayer can prove that, if he had been resident
in France, his effective rates of taxation (on his worldwide income) would
have been lower than 20% (which is unlikely). This rate applies to both
furnished and unfurnished rentals.
Buying Property
As it is part of France, French property laws apply in Martinique. Non-EU
residents face more restrictions when buying property than locals and EU
residents do. Foreigners are advised to enlist the services of an attorney for
real estate transactions on the island, and will have to deal with a notary
public to draw up contracts and to comply with local regulations.

Saint Lucia
Capital: Castries
Language: English (official), French patois
Prime areas: Castries, Savannes Bay
St. Lucia is world renowned as an eco-tourism destination. The twin peaks of
the Piton Mountains, the Diamond Falls, and the beautiful coves and beaches,
lure droves of tourists to the island each year.
The island is fast becoming a first class holiday destination. What also attracts
visitors is ease of access - St Lucia has direct flights from the UK, London,
New York, Toronto and Miami.
St. Lucia is an independent country and a member of the Commonwealth. It
enjoys a stable economic and political climate, and has a low crime rate. The
island has a well-developed leisure industry and infrastructure. These make
investment attractive.
The property market is still in its infancy though it has grown in recent years.
There are new developments being planned. But St Lucia is a volcanic island
with lots of mountains and jungles, which means development is limited and
there is no danger of the island being overdeveloped.
In fact St. Lucia is less developed than most Caribbean islands. The market will
not have an oversupply of properties and values will hold up well in the
long-term.
St. Lucia is very popular with foreign buyers. Properties available to foreign
buyers range from secluded private villas to luxury apartments. Three- to
four-bedroom houses start at US$550,000
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Windward Islands
Barbados
Grenada
Martinique
Saint Lucia
Trinidad and Tobago

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Windward Islands
Barbados
Grenada
Martinique
Saint Lucia
Trinidad and Tobago
Saint Lucia (cont.)
Buying property
For foreign buyers an Alien Landholders License is required to purchase
property. It costs from ECD $5,000 to $50,000 (US$1,850 to US$18,500).
Buyers are required to pay stamp duty of 2% of property value and legal fees
of up to 5%.
Most people set up a company through which to purchase the property as this
reduces the tax when you sell, from 10% to 0.5%. The cost for this is about
US$1,800. Your home is then registered with the Land Registry.
Tax
No inheritance tax
Purchasing property in St Lucia is
fairly easy for non-nationals. Saint
Lucian law is based on English law
so the buyer is well protected.
Some lawyers charge a percentage
of purchase price which is negotiable.

Saint Vincent and the Grenadines
Capital: Kingstown (St Vincent)
Language: English, French patois
Prime areas: Mustique, Palm Island, Union Island
St. Vincent and the Grenadines, which is made up of 32 islands, is an
independent member of the British Commonwealth. Its wealth of natural
beauty includes lush rainforests, an active volcano (La Soufriêre), black sand
beaches and turquoise water. Many of its islands are known for diving and
yachting, and some have become popular resorts of the rich and famous,
like Palm Island and Union Island.
The average price for properties in the islands is US$2,300 per square
metre (sq. m.), according to Global Property Guide research.
The islands lie within the Hurricane Belt.
Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Windward Islands
Barbados
Grenada
Martinique
Saint Lucia
Trinidad and Tobago
Prices vary from island to island,
ranging from affordable, to
multi-million dollar luxury villas
in Mustique.
This 1,400 acre world-class private
island is operated by the Mustique
Company which comprises of
shareholders and villa owners.

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Windward Islands
Barbados
Grenada
Martinique
Saint Lucia
Trinidad and Tobago
Saint Vincent and the Grenadines (cont.)
Buying property
Buyers are required to obtain an Alien Land Holding License, which usually
takes up to 14 weeks. The license is property specific and non-transferable.
It costs from ECD $10,000 to $105,000 depending on the value of the property.
A 10% deposit should also be paid. Property owners are qualified to apply for
residency.
Property Tax
Stamp duty on registration is 10%, evenly split between buyer and seller.
Income Tax
Rental Income
Non-resident individuals earning rental income in St. Vincent and the
Grenadines are liable to pay withholding tax at a rate of 10% on their gross rent.
Capital Gains

Caribbean Map
Western Caribbean
Atlantic Islands
Greater Antilles
Lesser Antilles -
Windward Islands
Barbados
Grenada
Martinique
Saint Lucia
Trinidad and Tobago
Trinidad and Tobago
Capital: Port of Spain (Trinidad)
Currency: Trinidad and Tobago dollar (TTD)
Language: English, Hindi, French, Spanish
Prime areas: Port of Spain, West region
Trinidad and Tobago is an economic powerhouse thanks to Trinidad's vast
quantities of oil and gas, particularly ammonia, methanol and LNG. The
twin-island nation does not heavily depend on tourism, but the island of
Trinidad is world-famous for the Trinidad Carnival.
The smaller island Tobago benefits from Trinidad's prosperity, but it has its
own wealth of secluded white beaches, blue waters and lush rainforests that
attract many property investors.
In the highly desirable West region near Port of Spain, upscale properties sell
from TT$2 million to TT$8 million (US$312,500 to US$1,250,000). Westmoorings
and Goodwood Park are two attractive locations to rent or buy in Trinidad.
Residential rents for the expat market range from US$1,500 to US$10,000 for
an apartment, per month, depending on location.
Many developments are still coming on to the market, despite the pause in
new construction. It will take a year or two before all the available upscale
properties are absorbed. Choices of properties available include private
houses, luxury apartments, townhouses, and gated communities.
As the economy has grown rapidly, so
has the property market. Trinidad
experienced a construction boom from
1991 to 2006, with house prices rising
over 400% during this period. Much
new private housing was built in Port of
Spain, in the northwest region, and the
area around Point Lisas Industrial
Estate, the centre of Trinidad and
Tobago's petrochemical industry.

Antilles Real Estate Properties | Sint Maarten, Saint Martin, SXM | Buy, Lease, Rent, for Sale a Condo, House, Land, Villa, Home

Antilles Real Estate Properties | Sint Maarten, Saint Martin, SXM | Buy, Lease, Rent, for Sale a Condo, House, Land, Villa, Home

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