Caribbean and Indian Ocean real estate, which island nations come out on top?
Do you find yourself looking overseas for a new place to call home?
Well, in today’s video we’ll explore 2 regions on opposite sides of the globe offering real estate residency in some of the nations that can be found in each one, and by the end hopefully we can help make your decision on which country you’ll soon be calling home that little bit easier.
To make the most of this opportunity, we’ll look at two principal choices in terms of the countries you have to decide between. Let's see what they are all about in some more depth.
The Caribbean is a world-renowned region for the cuisine, tourism and culture to be found there, popular amongst expats and tourists alike from all corners of the globe.
Though, what most only consider for a holiday is desired for a longer term by those with the required assets to make it a reality.
Our example for today is a tourist hotspot and idyllic island nation, the Bahamas.. Though, beyond what we see on travel shows or on vacation, there is a more permanent lifestyle to be found within their borders.
If you’re looking to relocate to the Caribbean, the Bahamas offer a golden visa pathway which should certainly tempt you in, here are the requirements:
1. The Bahamas have roughly one set price, US$750 thousand, for the investment, and two options for you to decide between regarding where your assets end up.
2. These 2 options are real estate and business, and the former of the two is the focus for today.
Being able to invest in the home you’ll live in within their borders is extremely exciting as your route to relocation is made even faster, while also providing your family with the peace of mind that their home will be waiting for them upon arrival.
Also, it’s important to note you must also be able to prove your funds for living, as well as hold your investment for 10 years in order to apply for citizenship in the Bahamas.
The Indian Ocean is famed for the expensive tourism resorts to be found on a large number of the island nations in the region, as well as the multicultural influence on cuisine, culture and music there. However, there is an increasing number of people looking to the area for permanent residence, and this can be done through real estate.
Our example for today, the Seychelles, an idyllic nation renowned across the globe for having a perfect climate, natural beauty and some of the most desirable holiday resorts anywhere on the planet.
Though, there is more to the island chain than tourism, in fact, they are offering expats a way of life unlike most other places in the world. The education system is based on the British curriculum, healthcare is free, and within cities most places are within a walking distance so the need for a car is limited to those of you who would want to live on a relatively more uninhabited island.
If you’re looking to pursue this option for residency by investment further, these are the requirements:
1. Invest US$400,000 into real estate, including flats, villas or houses
There are, of course, also a number of benefits that you can get access to upon making your investment, they include:
1. Visa-free access to 126 nations, including the UK and EU
2. 5-year permanent residency, for you and your family
3. Full citizenship after 10 years of residency
So, where should I invest in real estate?
Now that we’ve covered both options, it’s certainly a tough decision to make between them. Though, as both are centred around real estate, they’re both also suited to families and expats looking to relocate more for lifestyle than business.
Though, they are also geographically advantageous for different reasons, and if your professional life is still a main focus in your relocation, the Caribbean is proximate with both North and Latin America, providing great access to different developed and emerging markets.
On the other hand, the Indian Ocean, another key player in real estate residency, presents itself as close to Asia and Oceana, different market players in a number of industries which afford you, the investor, rapid access to wider consumer bases.
Both regions are extremely proficient in English and have world-class healthcare and educational facilities, making the geographical location the only massively distinguishing factor between them.
So, if you are interested in finding out more about how to invest in real estate overseas, as well as other opportunities to develop your business, contact us today! Below this article, you will find a link to set up a free fifteen-minute consultation with us to discuss your options further.
Also, if you want to access our other great content, subscribe to our YouTube channel! At Creimerman, our team of professional global citizens would be happy to help you with your personal or professional cross-border ventures and help make them a success.