What is Driving the Luxury Caribbean Market?

One segment of the Caribbean market that has been hot for a while now, has been the luxury high end market. Realtors all over the Caribbean tell us that sales have steadily been picking up, specifically in this one segment. There are a number of reasons for this, but here are just a few that we see:

1. The forecast for Caribbean and Central America is projected to see significant growth over the next few years.
2. Large scale investments are under way in many Caribbean destinations, including large hotels and resorts (always the first sign of things to come).
3. Many countries down here are now offering citizenship with investment, making them very appealing for residents of many countries.
4. More direct flights from major cities around North America and Europe.
5. The poor return on investments at home.
6. The strong tax free return on Caribbean investment properties (country dependent).
7. White sand, turquoise water, no end of sunshine.

It is no secret to us why more and more of the world’s elite are choosing the Caribbean. Whether you are looking for a condo, villa or something a little larger scale, there are now financing options to assist you with your purchase.