Dawn of a New Financial Era: Saint Lucia’s Credit Reporting Act
Introduction
The enactment of the Credit Reporting Act No. 13 of 2023 in Saint Lucia on September 1, 2024, marks a pivotal moment in the financial landscape of the Eastern Caribbean Currency Union (ECCU). This legislation is set to revolutionize business operations and consumer credit engagement. Adopted by...
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The Alien Investor Entrance Permit (AIEP) Simplified
Introduction
If you're a foreign real estate purchaser considering Saint Lucia for investment, or you already own property understanding the AIEP is essential. Let's break it down in straightforward terms.
1. What is the AIEP?
The Alien Investor Entrance Permit (AIEP)...
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Saint Lucia Real Estate Law: Insights and Legal Trends
Saint Lucia continues to be an attractive destination for second homeowners and property developers. The real estate market is a dynamic one with ever-growing demand in the second home and luxury home markets.
Post Covid 19 there has been increased volume and velocity in the real estate sector in particular from the US, UK, and Canadian...
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Legacy Planning for Business Owners
A LEGACY PLANNING GUIDE FOR BUSINESS OWNERS
You have put in a lot of hard work, made tough decisions and taken calculated risks to establish and grow your company. Have you thought about what will happen to your business when you are no longer able to run it?...
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Challenges for First Time Property Buyers in Saint Lucia
Click on the following link “Challenges for First-Time Property Buyers in Saint Lucia” to read my article featured in the October 2021 Issue of LAWER MONTHLY Magazine.
Why Hire a Real Estate Lawyer?
Property investment of any kind is one of the biggest financial steps you will take during your lifetime. It is part of the journey to creating a legacy for your future. You may have found your dream home, the perfect parcel of land on which to build or the perfect commercial investment...
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The Case for Making a Will
For many, the idea of making a Will can be new or scary. For some others, they have given some thought to the idea and left it at that, a mere idea. Another subset said: “I have no property so why bother?” The answer is simple. If you own property or have young children...
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Foreign Buyers and the Need for a Licence to Purchase
You've found your little piece of paradise, your Caribbean get away, your home away from home. Perhaps you've found it online or you've found it while on holiday. Regardless, you will need expert guidance on how to make it your own. One of the things which any foreign purchaser buying in Saint...
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