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Caribbean Investment news

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Adam View Drop Down
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    Posted: 31 May 2008 at 3:45pm

The Caribbean - The most exotic destination in the world with clear unpolluted sea, stunning white beaches and very friendly people. Most of the real estate in the Caribbean is luxurious and expensive but there are still lots of underpriced property to be found in the emerging markets. Most of the Islands are English speaking and a lot of them still hold the English influence. It is considered very safe to invest in the Caribbean and with an all year round warm climate and high rental returns it proves to be the most perfect destination - Most islands have direct flights from the UK....

 
 

Offshore Tax Havens
Offshore tax havens are countries where taxes are levied at a low rate or not at all. Different jurisdictions tend to be havens for different types of taxes, and for different categories of people and/or companies.

There are almost 60 different countries and states that are considered to be offshore tax havens (Click here for List of Offshore Tax Havens).

The Caribbean offers some of the best offshore tax havens, including :-

* Anguilla Offshore companies exempt from taxation
* The Bahamas No personal taxation, capital gains or inheritance tax
* Bermuda Offshore companies exempt from taxation
* British Virgin IslandsOffshore companies exempt from taxation, no personal taxation
* Cayman IslandsOffshore companies exempt from taxation
* Dominica Offshore companies exempt from taxation
* Panama
* St. Kitts & Nevis
* St. Vincent / Grenadines
* Turks and Caicos
* US Virgin Islands 90% exemption from US income tax, plus others

Off all of the above offshore tax havens, the British Virgin Islands have been chosen as the domicile for 41% of the world's offshore companies, making it the largest offshore jurisdiction in the world by volume of incorporations. The British Virgin Islands has also managed to avoid problems and scandals which have tainted other less well regulated offshore jurisdictions.

Besides offering offshore incorporation, Dominica and St. Kitts & Nevis additionally offer an economic citizenship programme that allows foreign nationals to buy citizenship in these countries.

It is estimated that currently some US$1 Trillion dollars in funds are held in offshore bank account within the Caribbean.

70% Caribbean Mortgage

Countries :- Bahamas, Barbados, Belize, British Virgin Islands, Cayman Islands, St. Lucia & Trinidad

o Max 70% LTV
o Max Term 20 Years
o $250,000 Minimum Loan
o Repayment & 5 year Interest only Mortgages
o Interest Rates: Country Base Rate + 3.00%

CURRENCY
US$ - GBP£ - EURO - CAN$
60% Caribbean Mortgage

Countries :- Antigua, Anguilla, Nevis, St. Kitts, St. Vincent and Tobago.

o Max 60% LTV
o Max Term 20 Years
o $250,000 Minimum Loan
o Repayment Mortgages
o Interest Rates: Country Base Rate + 3.00%

CURRENCY
US$ - GBP£ - EURO - CAN$

Documents Required for Employed Applicants

Caribbean mortgage application
Bank account opening application
Copy of passport
2 utility bills
Last three months bank statements
UK Bank reference
3 Years Tax Returns
Employers Letter
Copy of sales & purchase agreement
Proof of Deposit
Administration Fee and Signed Fee Agreement


Documents for Self Employed Applicants

Caribbean mortgage application
Bank account opening application
Copy of passport
2 utility bills
Last six months bank statements
UK Bank reference
3 Years Tax Returns (personal & business)
Accountants Letter
Last three years accounts
Copy of sales & purchase agreement
Proof of Deposit
Administration Fee and Signed Fee Agreement

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