In 1999, St Lucia enacted a modern piece of offshore financial legislation, the International Business Companies Act, and fashioned it in such a way that it provides utmost flexibility and advantages for the client, while at the same time preserving the integrity of the Island's industry. Let’s take a look at those advantages and some changes which are to take place end of June, 2021, which will definitely affect IBC held real estate - whether selling or buying real estate in St. Lucia.
A commercial space with road visbility, accessibility and close proximity to Rodney Bay & IGY Marina.
Over the years, there has been a growing global trend towards the Working From Home (WFH) concept. However, to date this trend has not been widely embraced in St. Lucia or the wider Caribbean. Due to Covid-19, at the end of March, 2020 with little to no notice, companies were all thrust into having to mobilize their teams to work remotely. With the phased reopening of Caribbean economies in June, we thought it would be interesting to have a greater understanding of people’s attitudes towards WFH. As such, over 500 office workers were surveyed across the region - Barbados, Grenada, St. Lucia and Trinidad.
Our agent, Huanna Leon, shares some tips on getting a mortgage!
When it comes to buying or selling a home, there are a few factors that one should always take into consideration as it relates to pricing. The buyer wants a great deal and the seller wants as much as they can get for their property. In the end, both should feel that they got a good and fair deal. To help you (whether you are the buyer or seller or both) make informed decisions and have a realistic approach to the potential current value of a home, we have highlighted some basic characteristics that affect the value of properties.
Like many a sailor in years past, here is your opportunity to “discover” Marigot Bay, a picturesque waterside community on our west coast, between the city of Castries and the town of Soufriere. It has been described by the prolific American novelist James A. Michener as “The Most Beautiful Bay in the Caribbean". Marigot Bay holds a certain allure that is unique in the world, with a mixture of lush green mountains, turquoise reefs and beaches, and a choice of varied accommodations.