Why Invest?

Buccament Bay Beach Resort - Why Invest?

 

St Vincent is a new tourist destination, mostly visited by day trippers from ocean cruisers. It is beautifully unspoilt and underdeveloped and has huge potential for growth, which has been acknowledged and is supported by the government
Currently there are only 400 rooms available in hotels on the island, and no hotel above a 3 Star, so there is excellent rental potential for the Buccament Bay Beach Resort.


Sunny weather all year round makes it an ideal holiday destination at any time


Property prices are currently a quarter of those in Barbados so now is the perfect time for an early investment in this market as prices will rise when the resort opens as the island becomes more popular due to the increase in visitors. The proposed International airport, which will be completed in 2011, will also encourage more visitors to the island


St Vincent operates a favourable taxation regime for international entities which are not subject to tax under the country’s laws. There is no capital gains tax, no inheritance tax and no tax on dividends. Capital and profits may be freely repatriated up to a limit of US$100,000

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