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Overview St Lucia is a real Jewel in the Caribbean and is only 27 miles long and 14 miles wide. Mountainous scenery, crystal clear waters and excellent scuba diving and snorkelling are just some of the things that attract tourists to this island paradise every year. Rodney Bay is one of the largest towns on the island and offers excellent accommodation, restaurants and nightlife. Click the "View Properties" button to view properties in this country. Investor Statistics St Lucia has a fairly well established property market. The purchasing process is similar to that in the UK, however foreign nationals require an "Alien Landholding License" in order to purchase property in St Lucia. Taxation As a foreign national, there is a tax liability at the time of sale of the property of 10% of the property value. This can however be avoided by buying the property through a company. Stamp duty is set at 2% of the purchase price of the property and solicitor fees are around 3% of the property value. Alexander Richards always recommend that you consult a tax specialist regarding your personal circumstances. Financing Mortgages are available to non-residents for up to 60% of the property value. We recommend that you always consult a financial advisor for advice. |
St Lucia
