Description of Seychelles
The good news for investors falling in love with the stunningly beautiful Seychelles is that anyone can buy into the paradise island nation – locals and international buyers alike. However, those not in possession of a Seychelles passport must apply for permission from the government, which despite being easy enough to do means an average waiting time of three months. Still, when you consider the region’s booming property market and year-round demand for short and long-term rental properties alike, it’s safe to say that even twice this time would be worth the wait. Buying costs are on the medium to high side, with stamp duty coming in at 17.5 per cent for non-locals and trade tax is fixed at 1 per cent.