Description of St Vincent and Grenadines
There’s a reason the world’s rich and famous choose not to share St Vincent and Grenadines with the rest – you’ll understand the moment you see the place. It’s a bewilderingly beautiful corner of the world that caters to people fitting the same description – high-end tourism and luxury living redefined. From an investment point of view, buying into the region isn’t all that difficult, although foreigners will need to apply for an Alien Land Holders License.
Short-term vacations rental yields can be unsurprisingly generous, but longer term it’s rare to see anything higher than 4 per cent, even in the most desirable coastal areas. Buying costs are notoriously high, but taxes are attractively low – income tax, for example, is set at a fixed 10 per cent.