Whether you want to simply find yourself a home in an island paradise or you want to purchase a small island just for your own personal desires, it can be done. Of course, purchasing an entire island may not be in the budget for everyone, but there is no reason why you can’t have some of your own property in Antigua in the Caribbean.

What You Can Expect

Since they are not making land the way God used to, it?s about time you get a piece of God?s earth to call your own. On any piece of land in Antigua, you get magnificent views of God?s creation stretching from one end to another.

And nature is not just the only beautiful part as the entire culture itself is one of wonder. Events such as the Antigua Carnival will be a prime example of that.

What You Can Expect To Pay

Just like any property in the world there are going to be some additional fees and costs associated with the purchase process that is above and beyond the actual sale price. It is important to know what those are.

You will have to first purchase the Alien Landholding License which is around 5 percent of the value of the property. Then there is the Stamp Duty which is around 2.5 percent. And the Legal Fees which could be anywhere from 1 to 2 percent of the value of the property.

Once it is all calculated together you will be looking at spending up to an additional quarter of a percent of the property value, on top of the purchase price of the property. If you are shopping on a tight budget, that is something that you will want to take into consideration. And remember, paradise does not usually come cheap.

What You Need To Do

Investing in island property is relatively easy especially as the Antiguan government is keen on foreign investments pouring into their coffers. Antigua is also a tax haven so you need not worry too much about your property becoming another white elephant on your tax forms.

Even though the Antiguan government welcomes foreigners to purchase land, there is no way to get around the Alien Land Holding License before you can finish out the purchase process. Since it normally takes around three months for this part of the process, you might want to think about getting that license before doing anything else. You could also use that time to really get to know the area.

While some people think that Barbuda would be a great place to purchase instead of Antigua, think about. The Barbuda government prohibits such sales.

Also, keep in mind that government being as it is anywhere in the world, the laws on buying real estate can be confounding to the average investor. You are better off hiring a property management service company that will handle the details and documents of the purchase.

Once you have the deeds to the house and the land it is time to consider what your next step is. Is it to redecorate the house or to landscape the yard? No, it is to simply enjoy your newly purchased island paradise and relax some.

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