Caribbean

The Caribbean is everyone's dream destination whether this is to go on holiday, or take the plunge and live permanently in any one of a multitude of fabulous tropical islands. Choose from Barbados, St Vincent and The Grenadines and Dominican Republic. In fact wherever you are thinking about buying property in the Caribbean you are guaranteed glorious sandy beaches, stunning scenery and of course months of never ending sunshine. This coupled with a relaxed and laid back lifestyle a world away from that experienced in the UK mean that the appeal and fascination of the Caribbean can only increase.

Sub tropical, mild and humid with abundant sunshine and in some areas there can be strong gale force winds and tornados in the winter.

St Vincent is a stunningly beautiful Caribbean country that has remained largely unspoilt from the ravages of tourism. Up until recently, there has not been a major international airport on the island and country has been able to remain an exclusive and relatively undiscovered jewel of the Caribbean.
A new International airport, which is scheduled for completion in 2011, and the English Cricket team playing their warmup games on the island during the 2007 Caribbean World cup, have fuelled an interest in St Vincent and as such the government have spearheaded this ambitious and remarkable project.
The Western coast of St Vincent is no stranger to having its beauty portrayed on film, the Disney film 'Pirates of the Caribbean' was shot in the next bay along from Buccament Bay and the two sequels are currently being shot on the island. Both films are due for release later this year. St Vincent will undoubtedly benefit form a greater public awareness with these major releases.
Due to St Vincent being a volcanic island, it currently has darker volcanic sands but the finest white sand is being imported form Guyana to replace the existing beach.

Barbados is the leading island destination in the Southern Caribbean for British, North American and European tourists. It is known for its well-trained, industrious people, its stable government, a wide range of accommodations and attractions and its fine coral-sand beaches.
Barbados is a mature Caribbean tourism destination. Large-scale tourism development dates back to the late 50's and early 60's but colonial ties to Britain has made Barbados a popular destination for wealthy British nationals for many years before World War II.
The tourism product in Barbados is diverse and includes varied accommodation - hotel rooms, villas and guest houses, scores of restaurants and other food and beverage facilities, nature attractions including caves and marine parks, historic sites, festivals, golf courses and a range of other activities.
By the end of 2003, the island had hosted over 1 million tourists, of whom 531,211 were stay-over visitors and 559,000 were cruise ship visitors. Accommodation for tourists is targeted to increase from approximately 7,250 rooms in 2003 to approximately 9,500 rooms by 2010.
Over 70% of the country's foreign exchange is earned by the tourism sector. It was anticipated that by the end of 2003 tourism contribution to real Gross Domestic Product (GDP) would have been in the region of 11.8%.

The Dominican republic has undergone a huge reform process and the island is currently undergoing government investment in infrastructure which has provided an excellent climate for investment. In recent years the number of tourists has risen to such an extend that the country is now seen as a major tourist attraction in the Caribbean. Tourism accounts for more than 1 billion US$ in annual earnings. Free trade Zone earnings and tourism are fastest growing export sectors. The establishment of free zones has succeeded in attracting much foreign investment, creating employment and spurring growth.
President Leonel Fernandez presented a decree (2543-45) in 1998 eliminating restrictions to real estate ownership by foreigners, thus recognising that the former law was a barrier for foreign investment. prior to the new decree, a real estate purchase by a foreigner was a lengthy procedure, had to be processed by local attorneys and required the special authorisation. Under decree 2543-45, real estate investors will enjoy the same rights as Dominicans.
Property in the Dominican Republic is very reasonable priced and proving popular with buyers for various reasons. Some look to purchase a piece of paradise for their retirement years and with Domincan Republic property prices more favourable than almost all other similar destinations it is an obvious first choice. With prices so competitive and the perpetual increase in the areas popularity with tourists, investors see property in the Dominican Republic as a safe investment with prices only set to rise and rental potential drastically increasing in line with its popularity.

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