Real Estate for sale
home >> caribbean >> caribbean
CARIBBEAN - real estate
The A.Y.C is one of the prime investment properties in The Grenadines
The A.Y.C. is also the base for most 'day tour' operators serving day tour visitors who fly in from Barbados, St. Lucia, Martinique to 'sail and visit the Grenadines' for one day.
The company is the General Sales Agent for small charter aircraft and airlines. Up until 1993 the hotel operated the only airport on the island, (a concession which has been returned to the Government who has expanded the facility)
Given the privileged location of the island below the Caribbean hurricane belt, the AYC offers a unique and natural investment and development opportunity, with enough land and sea front reserves for expansion (11 acres). As mentioned before, the Grenadines is a high income resort area, in which rooms and services sell at premium rates.
The democratic Government of St. Vincent has reaffirmed its friendly position towards foreign investors with very generous tax incentives packages to attract foreign capitals and know-how in the hotel industry and in the case of major investments with great flexibility to negotiate extraordinary tax conditions. Saint Vincent allows Casino Hotels on its territory.
The original tax holiday of the Andre Beaufrand and Company (1983) Ltd. expired in October of 1990, but the construction of additional capacity, would automatically reinstate a 10-20 years tax holiday period depending on the project size.
As of 1997, Saint Vincent and the Grenadines has acquired the status of an "off-shore" banking state.
Click on dropdown to visit the islands of the Caribbean and the lands of the Americas.
Home | Site Map | Terms and Conditions | Contact | Request Form
|Copyright © 2004 www.caribzones.com. All rights reserved. Advertise I I Contact I Disclaimer|