Saint Lucia

 


Saint Lucia is an island country in the easter Caribbean where the Atlantic Ocean starts.

The island surface is 617 square Kilometers where lives a population of around 180,000 people.

The French were the first European to live and rule on the island till 1663, when England took it over for few years. After that there was a continuous change of power between the two counties, in total there were 14 changes in 150 years.

In 1814, the British gain the definitive control which lasted until the island obtained the independence in 1979.

Nowadays Saint Lucia is a two parties parliamentary democracy part of the Commonwealth real with the Elizabeth II as Queen of Saint Lucia.

Geographically it is a volcanic island, one of the most mountainous of all the Caribbean, with tropical rainforest climate and the consequent two typical seasons: wet from June to December and dry from January to May.

Qualibou is the name of the volcanic area where there are active sulfur springs which are one of the main touristic attractions.

The economy is based mainly on offshore banking and tourism representing together more than 80% of Saint Lucia GDP.

The tourists’ arrivals are divided in two thirds from cruise ships and other one third of stay-over is equally distributed between hotels/resorts and small properties.

Real estate market offers interesting opportunities with a good offer of properties within our project budget and most of them are big houses composed of 3 or 4 apartments. In fact, at the moment Saint Lucia has probably the best hosing opportunity for us so far.

The sea conditions are ideal for diving with great visibility and wonderful sites with abundant and healthy underwater life and in fact scuba diving is an important part the island tourism industry.

Saint Lucia has a citizenship by investment program but also the possibility to obtain a permanent residence permit which would fit perfectly for our needs.

There are a lot of positive aspects which makes Saint Lucia a good candidate for our project but the relatively long rain season and the volcanic activity make the island less attractive and so not a primary choice.

Comments

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