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Wednesday, 16 July 2008 00:00 |
The weak dollar is creating investment opportunities in the Caribbean and 'a cache of property gems'.
That is according to Zoe Dare Hall, writing for the Telegraph, who has picked out a number of islands that she believes are worth investing in.
Ms Dare Hall has said that prices in St Lucia are currently about 65 per cent of comparable properties on Barbados.
With a tropical rainforest running through the middle of the island and bargains to be had, Ms Dare Hall describes it as "the next big real estate market in the Caribbean".
Investors that are interested in providing security for their relatives and who are keen to pass their investments onto the next generation will be pleased to hear that there is no inheritance tax to pay in St Lucia.
Ms Dare Hall, described the island's attractive "winding coastline of small bays and coves".
Saint Lucia is located on the eastern Caribbean Sea on the boundary with the Atlantic Ocean.
Another Caribbean island that Ms Dare Hall recommended because property "prices [are] right" is St Vincent, where Pirates of the Caribbean was filmed.
The island is getting an international airport in 2012. |
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