Frequently Asked Questions

Frequently Asked Questions

Realty St. Lucia agents are happy to answer many of the Frequently Asked Questions potential purchasers have when considering investing in St Lucia real estate. Although we have made this a detailed overview of the fundamental guidelines, if you still have any questions, please e-mail us at [email protected], and we will do our best to assist you.

Questions about selling St Lucia Real Estate

St Lucia Real estate firm Realty St. Lucia offers a broad range of property services. In addition to vacant land, we also sell single-family homes, condominiums, beach front resort properties, office/retail buildings and warehouses.

We are a member of the Realtor’ Association St Lucia Inc and one of the Leading Real Estate Companies St Lucia Caribbean.

Yes. The St Lucia Real Estate Association issues licenses to brokers and sales representatives (RASL). Licensing requirements include passing a written test with Monroe College. The Realtors’ Association St Lucia Inc (RASL) recognized and many of its members possess one or more of the accreditations the Monroe College offers. Several participants also participate in the International Federation (FIABCI). The general public is asked to exclusively seek out and employ RASL members for their real estate needs.
  • Real Estate Commission
  • Vendors Tax

If you are a citizen of St. Lucia or a foreign national, the formular below would help you calculate your Vendors Tax.

  • First $50,000 – Exempt
  • Next $25,000 – 2.5%
  • Next $75,000 – 3.5%
  • Remainder – 5%
    Deed Of Sale/Transfer – Aliens / Non-Citizens Of Saint Lucia

If you are NOT a citizen of Saint Lucia then the Vendors Tax is 10% of the Transaction.

The usual practice in St Lucia Caribbean is for the real estate commission to paid by the VENDOR unless otherwise agreed upon. Legal Fees – Legal fees is regulated in St Lucia and average 3% – 5% of the purchase price. Real estate commissions are on average 5% to 6%. *The real estate commissions are normally paid by the vendor.

Frequently Asked Questions about Buying St Lucia Real Estate

Mortgages are available to St Lucians, permanent residents, and foreign investors through majority of St Lucia banks and mortgage firms. It is best to get in touch with a bank in Saint Lucia as soon as you decide to buy a house. Realty St. Lucia agents can provide you with a list of service providers,
Real estate in St Lucia is often sold freehold. There are a few leasehold property exclusions. The majority of these assets are Crown Land (government-owned) holdings that are leased for farming or development.
You must engage the services of a local attorney when purchasing property in St Lucia. The local attorney who represents the buyer also provides an opinion on the title to the property in addition to confirming that the title paperwork are correctly completed and in excellent condition. The attorney is responsible for searching registering the property at the Land Registry.

Yes. We have man firms selling insurance that are representatives of significant worldwide insurance companies may be found in the St Lucia

Large multi-million villas to small condominiums or residences are among the many types of real estate that draw investors to the St. Lucia. The desire for investment homes with excellent property returns has been fueled by the gorgeous settings of St Lucia properties and a secure investment environment. People are continually drawn back to the St Lucia because of the way of life there. While preserving the laid-back environment renowned to the Caribbean, communities here have grown to include substantial lifestyle, fitness, epicurean, and social possibilities that are of the highest caliber.

Top Caribbean Real Estate Agents