Trade and Investment in St Lucia
There are few places in the world right now that are taking off like St Lucia. With its combination of unspoiled beauty, crystal clear waters, golden sand beaches and of course those world renowned landmarks: the Pitons, it has always been a mecca for holiday makers in the know looking for a slice of paradise in an exclusive, luxurious environment. Now the rest of the world is waking up to what a fantastic destination St Lucia is, and the island is now attracting a great deal of media attention and overseas investment.
An exclusive destination
Several of the world’s most renowned luxury hotel brands have spotted St Lucia’s potential and are flocking to the island, which over the next few years will boast the opening of several five star resorts, signature golf courses, and luxury marinas. But St Lucia still retains its air of mystique and exclusivity: with much of the island protected as a world heritage site or national trust, St Lucia will always retain its unspoiled charm and natural beauty.
All the perfect conditions for investment
The government of St Lucia are extremely committed to St Lucia’s continuing growth as a luxury destination, and have invested heavily in the island’s infrastructure to make sure that the island is in the very best position to support the development taking place and to continue to attract overseas investment. There is an increasing amount of airlift coming into the island, with regular (daily) direct flights from the UK, USA and Canada and great air links with the rest of the region. The government has also granted favourable tax incentives to overseas investors, meaning in many cases that any income derived from renting a property can be tax free for up to 15 years. With a stable currency pegged to the US dollar, and a stable government belonging to the British Commonwealth, purchasing property in St Lucia is a fantastic investment, where you can expect to see not just healthy returns on investment but great capital appreciation over the coming years.