The international architecture and interior design magazine Architectural Digest has noted that Caribbean properties are becoming more sought-after on the international market. The magazine’s editors have compiled a list of the most beautiful homes in the Caribbean. You can view the editors’ choices on the magazine’s website.
Told about real estate prices and how to get a second citizenship in the Caribbean
Experts at Immigrant Invest have confirmed that demand for Caribbean property has started to increase since the start of the coronavirus pandemic. Investors are buying properties to obtain a second citizenship. Some investors are buying properties outside the program. For example, in the summer of 2021, a foreign investor paid $7.1 million for the residence of two villas at Secret Bay Resort in Dominica.
The growing popularity of the buy-to-let option is due to the fact that it is a more lucrative option. Rental yields for properties in Caribbean resorts are 3一5% a year, with high season yields of up to 10%. After five years, the property can be sold and the money invested can be fully recovered.
Top 5 most beautiful and stylish villas in the Caribbean
Villa on the coast of Antigua and Barbuda
Cost – from $1.8 million
Income – up to 4%
The residential complex is located in the modern arearnof Falmouth Harbor, close to the country’s main harbor, English Harbor. Each villa has a swimming pool and terraces.
Investors have the freedom to design their own space, with fu ishings and decorations that can be altered by the designers.
Villa on the coast of Grenada
Cost – from $870,915
Income – up to 5% p.a.
The cottage complex is located in the tranquil Petite Calivigny arearnin the south of Grenada. Investors buy two-bedroom apartments or three-bedroom villas.
The complex features a gym, restaurant, and wellness center. There are picturesque views of the ocean and the tropical nature of the island.
Saint George’s, the capital of Grenada, is a 15-minute drive away and Grenada International Airport is 12 km from the complex. Restaurants, local markets and beaches are close by.
Villa in the Secret Bay Hotel Complex in Dominica
Cost – from $208,000
Income – up to 3%
Secret Bay 一 the only hotel on the island to be Green Globe-certified. It recognizes the respect for nature and the use of eco-friendly materials in its construction.
The hotel has been awarded the best hotel in Dominica by the World Travel Awards. And Condé Nast Traveler magazine ranked it 11th among the top 40 resorts in the Caribbean.
The villas are located 50 meters from the ocean. There are three secluded guest beaches and a swimming pool, a spa and fitness center, an open-air restaurant, and an art gallery. There are hiking trails in the tropics near the hotel, and a searncave is open for excursions.
Villa with pool at a resort in St Kitts and Nevis
Cost – $2,575,000
Income – up to 3% p.a.
This four-bedroom villa is located at Christophe Harbour Resort. The resort has been designed with the tropical nature of the island in mind. Each house has its own swimming pool and beautiful garden.
The resort occupies 2,500 acres of the island. The developer plans to build residential homes, a marina, five-star hotels, a golf course, a spa, a yacht club, and restaurants. Several villas are already finished and inhabited.
Villa in a five-star resort in Antigua and Barbuda
Cost – from $400,000
Income – up to 5%
The villa resort is located in the district of St Philip and surrounded by 10 hectares of tropical nature. Each villa has modern fu ishings and is equipped with a swimming pool and landscaped garden.
Nearby there are towns and villages with shopping centers, restaurants, tennis clubs, and cinemas. And within 50 km of the villas is the Atlantic Ocean.
What an investor gets when they buy a villa in the Caribbean
Caribbean citizenship for the whole family. Five Caribbean countries have citizenship programs by investment. To obtain a passport, an investor invests money in the economy. There is a choice of investments in real estate, businesses, national foundations, or a university.
Along with the investor, the investor’s family can participate in the program: spouse, children, parents, grandparents, and siblings.
Caribbean countries with investment programs
Free travel to more than 140 countries. Caribbean passports allow travel to Schengen countries, the UK, and Singapore. It is also possible to enter China for 30 days with a Grenada passport. Russians must obtain a visa to travel to these countries.
The opportunity to educate children in the best British universities. All five countries are members of the Commonwealth of Nations, so their citizens can study at British universities on preferential terms.
A tourist visa to the US for 10 years. Citizens of Saint Kitts and Nevis, Grenada, Antigua and Barbuda, Dominica, and Saint Lucia receive tourist visas to the USA for 10 years under the simplified procedure. By comparison, Russians receive a tourist visa to the US for a maximum of 3 years.
Grenada citizenship allows an investor to obtain an E-2 business visa to the USA. It is a non-immigrant visa, but it can be used to enter the states, study, and conduct business freely.
Additional income. Caribbean property is a liquid asset. Prices for properties in the region rise by 1一3% a year. Therefore, in 5 years, investors can sell a share, an apartment, or a villa and recover the money invested. During this time, the investor has the right to rent out the property and earn up to 10% per annum.