Marigot Bay real estate - the exotic place to buy
Re-sale apartments at Discovery are available for as little as US$725,000. Each and every year you are entitled to six to seven weeks stay in your apartment absolutely free, whilst for the remainder of the year your property is incorporated into the hotel rental programme. Periodically one and two bedroom apartments become available at the adjoining Marina Village, where you are free to occupy your property all year around. If you are looking to buy property in St. Lucia as a second home, or for investment purposes, whether in Marigot Bay or elsewhere, Doubloon Real Estate has been set up with you in mind. Specialising in new upscale international developments in St. Lucia and offering a friendly, reliable and helpful service, Doubloon Real Estate offers a wide selection of properties. When purchasing properties forming part of a new development, the developing company would put in place an escrow account for owners to make their deposits into, so that the money is totally safe. The development stage payments is typically as follows:10% deposit, 20% On completion of foundations, 30% On completion of structure, 20% On completion of roof and exterior, 20% On completion of building. When selling property in St Lucia, vendor's tax needs to be paid at a flat rate of 10% for non-citizens. If the property is owned by a local company and the property sale is effected through a share transfer then 2% is payable instead of the 10% vendor's tax, St Lucian citizens pay vendors tax by the following breakdown: Nothing on the first EC$50,000.00, 2.5% on the next EC$25,000.00, 3.5% on the next EC$75,000.00, 5% on the balance. You can avoid the Alien's Landholding License by becoming a citizen of St Lucia. If you are not resident in St Lucia you can qualify for citizenship if you fit into one of the following categories: You or your parents were born in St Lucia. You are married to a St Lucian citizen. If you don't fit into one of the above categories, owing property on the Island is one of the main qualifications when applying for citizenship. The Land and House Tax Act was amendment in parliament on the 12th Oct 2006 to be effective 1st April 2006. Exemption from property tax is granted where an owner occupied residential property, the owner of which has attained the age of sixty years or more and who uses the residential property exclusively for providing accommodation for himself or herself and members of his or her family.
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Marigot Bay Vacations site
Our company is running one of the largest pc and mobile travel website networks, covering top hotel, vacation package, airline ticket, beach, cruise, all inclusive and honeymoon destinations worldwide.
We will also run a travel blog portal which centralises the blogs posted by our visitors on all of our websites and which represents one of the world's best travel information resources, totally build by people such as yourself.
In the link section, you can check more links to our travel website network as well as to other third party specialized websites as lastminute.com or orbitz.com which we suggest you to visit if are you planning a trip to Marigot Bay Saint Lucia.
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