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Buying

BUYING

At Doubloon Real Estate we are dedicated to providing personalized guidance throughout the entire purchasing process, from initial enquiries to finding your perfect property.

Below is a summary of how we operate

Contact and Consultation: We offer various communication options, such as phone, email, WhatsApp and Facetime, to address any questions and provide advice regarding property purchases. This ensures that a buyer can easily reach out and receive personalized assistance. We will discuss with you your specific check list of must have features. To include but not limited to: bedroom numbers, layout of property, pool, garden and ideal location and most importantly budget.

Area Selection: With over 20 years of living in Saint Lucia we have vast experience of which area would best suit your requirements.

Property Selection: Based on discussion and communication prior to arrival, a buyer can then select their favorite properties from our website and from our selection we would send to you. This step allows us to narrow down preferences and focus on specific options that align with your needs and also saves time.

Viewing Arrangements: Our team takes care of arranging viewings for the selected properties. We will meet you at your accommodation in Saint Lucia and take you to pre-arranged appointments.

Finding the Perfect Home: With a range of viewings, buyers have the opportunity to explore properties until they find the one that best suits their requirements. This process ensures that buyers can make an informed decision about their new home.

Personalized service and a client-centric approach to property purchasing: By offering multiple channels of communication, in-person meetings, and on-site property visits, our team aims to guide buyers through a smooth and well-informed journey to finding their ideal property in Saint Lucia. This level of support can be especially valuable for individuals who are new to the area, or the real estate process.

Cost of Buying

(i) Alien’s Landholding Licence (ALL)

If you are not from a CARICOM country, in order to acquire property in St Lucia you will need an ALL. The application for this will be undertaken by a local lawyer who we will introduce you to. The licence is granted for a specific plot of land or property. This is non-transferable. In the first instance you will need to acquire a Certificate of Eligibility.  This will be handled by your lawyer and will cost US$3,000. The documents required for this are as follows:

  • Proof of Payment
  • Birth Certificate
  • 2 Certified colour passport photos taken within the last 6 months
  • Certified copy of bio- date page of passport
  • Proof of residential address (valid within the last 3 months) e.g. Utility bill, Bank Statement – must have full name and address
  • Bank reference letter – issued within last 6 months
  • Police Certificate of Good Character from country of nationality

Once received the Certificate of Eligibility will allow your lawyer to apply for an Alien Landholding Licence which will be property specific and will cost US$2,500.

This conveys residency and allows the applicant and dependents to stay on the island without restrictions. A Work Permit is only required if the purchaser intends to work in Saint Lucia

(ii) Stamp Duty in St Lucia is 2% of the purchase price.

(iii) Lawyers’ Fees. Fees depend on the cost of the property and are subject to a quote. We would be able to give a guide. We can recommend lawyers who will undertake to do the work.

property for sale in st lucia

property for sale in st lucia

property for sale in st lucia

Additional Resources

Access

St Lucia is serviced regularly from the UK by British Airways. Virgin Atlantic are currently offering seasonal flights from Heathrow. Flights from the US are provided by American Airlines, Delta and additionally JetBlue. Condor flies weekly from Germany and Canadian carriers Air Canada and WestJet fly seasonally. Hence investors in the buy-to-let market are sure to earn a good return on property purchased. The island sees a steady stream of guests all year-round.  Due to the above airlift it’s easy to see why property for sale in St Lucia has become one of the most attractive investment opportunities.

Banking

As with any jurisdiction, investors looking for property for sale in St Lucia need to be sure that adequate banking services are readily accessible. St Lucia has featured prominently within the World Bank’s list of top places in the world for doing business. Part of the reason for this ranking is the island’s strong financial sector. Regular on-shore banking services are available from a multitude of institutions, including Bank of St. Lucia, CIBC FirstCaribbean Bank, 1st National Bank and Republic Bank. Lastly offshore services are also catered for by Bank of St. Lucia International.

Interior Designers

Doubloon Real Estate Ltd. is happy to recommend interior designers to assist with all your design needs.

Lawyers

Saint Lucia has an efficient legal system based on British common law. There are a number of options for legal representation when it comes to buying property in St Lucia, ranging from small specialist practitioners to large family law firms. We are always happy to recommend a suitable firm for your individual needs. One such highly professional company is Athena Law

Mortgage Providers

We recommend that where possible you raise funds in the country of your origin against assets in your country of origin. There is the possibility of sourcing a mortgage in Saint Lucia but it will be a time consuming exercise!

If you require information about Citizenship by investment please click here

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