Buying property in St Lucia
If you are not a St Lucian citizen in order to buy property in St. Lucia you will need an Alien’s Landholding Licence. The application for this can be undertaken by a local lawyer. The licence is granted for a specific property or piece of land and costs EC$5,000 (US$1,800). Applications can take up to three to four months.
You will need to supply:
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Passport and citizenship details, profession or employment status, current bankers reference. |
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Police certificate of good character from country of origin or current residence (for UK citizens this takes a minimum of 42 working days) |
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Four passport sized colour photographs for each purchaser, one copy to be certified by a Notary. |
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Full finger prints of every purchaser. |
Stamp duty is 2% of the purchase price.
Lawyers fees can be between 3% and 5%, but we can normally recommend lawyers who will undertake to do the work for considerably less and a fee of between US$12,500 and US$15,000.
Should the property you are buying not include a furnishing package we can recommend Interior Designers who can attend to your every need.. |
