Property Acquisition
Purchasing property in Saint Lucia entails several essential steps, particularly for non-citizens. Here's a concise overview:
Legal Representation: It's imperative to enlist the services of a proficient legal advisor or the lawyer who can navigate you through the process, from negotiating purchase agreements to preparing legal documentation.
Title Search: Prior to any transaction, conducting a title search is crucial to verify the seller's rightful ownership of the property.
Alien Landholding License: Non-citizens must secure an Alien Landholding License to buy, acquire, or lease property, involving a government-led due diligence procedure.
Certificate of Eligibility: In addition to the license, non-citizens are required to obtain a Certificate of Eligibility for the property acquisition.
Investment Routes: Individuals interested in the Citizenship by Investment Program need to identify qualifying real estate options as a pivotal step.
For comprehensive guidance and support throughout the property acquisition process in Saint Lucia, it's advisable to seek assistance from a specialized real estate attorney or firm. They can offer assistance with all legal paperwork, facilitate license applications, and ensure a seamless experience.