St Lucia lies at latitude 13 54’ north of the Equator and 60 50’ west. One of the Windward Islands, it is located in the middle of the Eastern Caribbean chain of islands and is approximately 21 miles south of Martinique and 90 miles northwest of Barbados. Castries (population 65,000) is the island’s capital and is situated North-west of the island.

The island is 238 sq. miles (616 sq. km), 27 miles long, 14 miles wide with a combination of high mountains, forests, low lying lands and beaches. A central mountain range runs the length of the island, with peaks ranging between 1000 and 3145 feet. Forests dominate the mountains, while jasmine, scarlet chenille and wild orchids provide splashes of colour to the lush green slopes.

The two towering volcanic cones on the southwest coast, Gros Piton (797m) and Petit Piton (750m) are one of the Caribbean’s most famous landmarks. The volcanic origin of the island provides visitors with an opportunity to visit a “drive-in volcano” and take a dip in the reputedly therapeutic Sulphur springs.

Sunset Harbour is located in the upmarket area of the protected lagoon of Rodney Bay in the North West of the Island around eight miles from Castries and in the middle of an extensive area providing all the necessary requirements for the discerning traveller such as gourmet restaurants, duty free shopping, well stocked supermarkets and overlooking the largest marina on St Lucia.

There will be one space for each apartment.

There will be seventy berths available for lease on a monthly or yearly basis. Priority to be given to owners. Rates to be advised.

Sunset harbour is more of a creation than a development. The community centred concept of the project is in line with contemporary tourism values and places a priority on cultural, as well as financial sustainability.

This sensitivity to the environment and the local community, coupled with the high standards of design and construction, is calculated to ensure the long term desirability of properties. A dream is something that captures your imagination - it's up to you to open your eyes and make it a reality.

The varied range of apartments at Sunset Harbour all face the water and the Western Caribbean sunsets. So, if you've read this far, there's a strong possibility there's a home waiting for you at Sunset Harbour - it isn't a dream, it's realty

If you're coming from the United States, American offers a non-stop daily service from Miami, and US Airways offers a non-stop weekend service from Philadelphia. BWIA flies weekly from Miami and New York. Delta now offers non-stop service running Sundays and Mondays. American Eagle flies daily to and from Puerto Rico into George Charles Airport.

The following airlines fly direct between London and St Lucia.

Virgin Atlantic - 3 days a week, Friday, Sunday and Tuesday
British Airways - 2 days a week Wednesday and Sunday
BWIA - Weekly on a Tuesday
BMI - Weekly on a Monday via Barbados

Air Canada offers a non-stop weekly service from Toronto, Canada.

Air Jamaica offers weekly services to and from New York. Connecting services to at least seven other American destinations are also part of the itinerary. This Carrier also flies to the United Kingdom via its Montego Bay Hub.

During the peak season, between mid-November and mid-March, a number of tour companies operate charters from London, Toronto and various Caribbean destinations.

Regional carriers including Caribbean Star and LIAT offer extensive service for local Caribbean destinations.

There are 2 airports on the island: Hewanorra International Airport at Vieux Fort is located 40 miles south of Castries. George Charles Inter Island Airport is just outside Castries.

• 3½ hours from Miami
• 4 hours from New York
• 5 hours from Toronto
• 8 hours from London

The cost of flights from the UK starts at approximately € 600 per person and from the US approximately starting at US$ 400.

Sunset Harbour will have extensive facilities including a waterfront bar and restaurant, a Port Cochere bar, a Spa and swimming pools, an extensive watersports facility offering sailing, scuba diving, fishing, wind surfing, powerboating, ferry to the beach, kayaking, etc. The facilities will ensure that anyone from the business traveller has all that is needed to keep in contact with the outside world to the family who don’t want to know there is an outside world.

Construction is due to start in May 2007 with the first buildings ready for occupation in November 2008 just in time for the start of the high season.

St. Lucia is very warm all year, it is one of the Windward Islands, and so there is always a cooling, temperate breeze. The dry season is from January to April and September to December, and the rainy season is from May to August.

The St. Lucian currency system is based on the decimal system, with the St. Lucian Dollar made up of 100 cents. The East Caribbean Dollar is pegged to the US Dollar at a rate of US$ 1 = $2.70 East Caribbean Dollars.

The cost of living in St. Lucia is much cheaper than in the UK or USA.

The official language is English, although a local Creole Patois is widely spoken.

Yes, St. Lucia is 238sq miles. The main roads are good and you can travel by hire car, taxi, bus, boat or helicopter.

• Local 12 seater mini buses run frequently all over the island.
• Taxis are available at the airport as well as in most Hotels and Towns. The Taxi Association sets fixed rates for most routes.
• Car Hire Companies have a wide assortment of vehicles. A local driving permit must be purchased for US $20 and is valid for 3 months

Yes, but your employer would need to obtain a work permit for you which takes time and is expensive.

You do not need a permanent residence to visit St. Lucia for up to seven weeks per year, but anyone can apply for a permanent residence permit.

Purchasers do not need to make a will in St. Lucia. Their will from their country of domicle would be recognised in St. Lucia.

The Head of State in St. Lucia is Queen Elizabeth II, represented by her appointed Governor General. The Head of Government is the Prime Minister who appoints his/her cabinet.

There is no political or social upheaval and there are no strikes.

St. Lucia is much safer and more drug free than most cities in Europe and the USA. The police are very vigilant and the government, as part of its drive to promote tourism, is clamping down on such crime as does occur. Crime targeted at tourists is very rare.

There is a brand new private hospital in Castries and the existing large public hospital has been recently renovated. There are many private Dentists, Opticians and other Specialists.

New Years Day	1st January
New Years holiday	2nd January
Independence Day	22nd February
Good Friday	6th April
Easter Monday	9th April
Labour Day	1st May
Labour Day	27th May
Whit Monday	28th May
Corpus Christi	7th June
Emancipation	1st August
Thanksgiving Day	1st October
National Day	13th December
Christmas Day	25th December
Boxing Day	26th December

Foreigners wishing to purchase land in Saint Lucia must first acquire an Alien's Landholding Licence.

The Lawyer who does the conveyancing will also apply for the Aliens' Landholding Licence on your behalf. To obtain a Licence you will need from your police station a certificate that you are free from criminal prosecution, fingerprints and bank reference. The cost is approx US$1,860. Only non-nationals require an Aliens' Landholding Licence.

If the property is to be purchased jointly by two or more persons, then one Alien Licence will suffice and the names of all the purchasers must be inserted on the application. The licence will then be issued jointly to all the applicants and one Alien Landholding Licence Fee (US$1,860) will be charged.

USA standards - The building structure will be mass concrete with steel reinforcing. The roof structure will be timber clad, steel and timber framing. All building structures will be designed, tested and installed to latest internationally agreed hurricane, seismic and general building standards and codes.

All units can be placed into a rental pool.

Yes, building codes will conform to the US building codes, there has however not been a hurricane in St. Lucia since 1981, and the vast majority of hurricanes pass to the North.

May 2007

Until 2009

Yes

Yes - Please click here for more information

No structural changes will be allowed.

All construction companies are fully bonded.

Yes.

24 hour security on site and details for individual properties is yet to be decided.

General parking on site but not necessarily individual parking per property will be available.

Yes

Yes - 70 percent mortgages available on completion using Caribbean banks.

Please see separate price sheet

US$10,000 refundable booking deposit, balance of 30% (Less deposit) on signing contract, balance on completion.

Legal fees: 3 - 5% of purchase price
Stamp duty: 2% of purchase price

Yes, annual property tax is charged at 5% of rental income.

Yes through the rental pool or management companies.

Government of St Lucia have granted a concession waiver of no tax on rental income for fifteen years.

All legal advice should be sort from a local solicitor and we recommend:
Natalie E. G. Augustin
Financial & Corporate Services Ltd.
Bourbon House, Bourbon Street
P.O. Box 1695, Castries, St. Lucia
Tel: 758-451-6355 Fax: 758-451-6377
Email:fincos@candw.lc Website: www.stluciafinance.com

English.

No.

These are agreed once a build contract is signed and will stay fixed until the property is built.

Yes - Stamp duty is 2%

It is more tax efficient to purchase your property in a company name as the vendors tax due is as follows: 0.5% if selling as a company and 10% if selling as an individual.

US$1,500 initial set up cost
US$1,000 annually to do tax returns