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Question & Answers

SELLING

Create a free account, then navigate to your dashboard and click 'Add Property'. Fill in your property details, upload photos, and submit for review. Our team typically approves listings within 24 hours.

Requirements vary by country, but generally you'll need proof of ownership (title deed), valid government ID, tax clearance certificate, and any applicable permits. We recommend working with a local attorney to ensure all documentation is in order.

The timeline varies based on location, property type, and pricing. Luxury beachfront properties in popular destinations like Barbados or the Cayman Islands may sell within 3-6 months, while other properties could take 6-12 months. Proper pricing and quality photography significantly speed up the process.

Seller fees vary by jurisdiction but typically include agent commissions (3-6%), legal fees, stamp duty or transfer tax, and capital gains tax where applicable. Some Caribbean nations offer tax incentives for certain property types. Contact a local agent for specific fee breakdowns.

RENTING

Yes, many Caribbean property owners earn rental income through short-term or long-term rentals. Some developments have built-in rental management programs. Check local regulations as some countries require permits for short-term vacation rentals.

Gross rental yields in the Caribbean typically range from 4-10% depending on location and property type. Popular tourist destinations like Aruba, St. Barts, and the Turks and Caicos tend to offer higher yields due to strong vacation rental demand.

While not mandatory, a local property manager is highly recommended, especially for vacation rentals. They handle guest communications, maintenance, cleaning, and key handovers. Most charge 15-25% of rental income for full-service management.

Tenant rights vary significantly across Caribbean nations. Most countries have landlord-tenant legislation covering notice periods, security deposits, and eviction procedures. We recommend familiarizing yourself with local laws before entering a rental agreement.

BUYING

Yes, most Caribbean countries allow foreign property ownership, though some require an Alien Landholding License or similar permit. Countries like the Bahamas, Barbados, and the Cayman Islands are particularly welcoming to foreign buyers. Some nations offer residency through property investment programs.

Several Caribbean nations offer citizenship or residency permits in exchange for qualifying real estate investments. Programs exist in St. Kitts and Nevis, Dominica, Antigua and Barbuda, Grenada, and St. Lucia, with minimum investment thresholds typically starting at $200,000-$400,000 USD.

Financing options include local Caribbean banks (typically requiring 30-40% down payment), international mortgages, developer financing for new builds, or cash purchases. Interest rates in the Caribbean are generally higher than in North America or Europe, so many buyers arrange financing through their home country.

PAYMENTS

Most Caribbean property transactions are denominated in USD or the local currency. Some territories use the Eastern Caribbean Dollar (XCD) pegged to USD. Wire transfers are the standard payment method for property purchases. Always use escrow services for deposit payments.

Yes, closing costs typically range from 5-15% of the purchase price depending on the country. These may include stamp duty, legal fees, registration fees, VAT (where applicable), and agent commissions. Some countries offer reduced rates for first-time buyers or specific property values.

Property taxes in the Caribbean are generally lower than in North America. Annual rates typically range from 0.1-1.5% of assessed property value. Some countries like the Cayman Islands have no property tax at all, while others offer exemptions for primary residences or new construction.

TERMS & CONDITIONS

CaribeScout provides a platform connecting buyers, sellers, and agents. Listings must be accurate and represent real, available properties. We reserve the right to remove listings that violate our terms. All property transactions are conducted between parties and their legal representatives.

All new listings undergo a review process where our team verifies key details including ownership documentation, property photos, and pricing accuracy. Verified agents receive a trust badge on their profile. We encourage buyers to conduct independent due diligence before any purchase.

ACCOUNT

Click the 'Sign Up' button and register with your email address. You can also sign in with your Google account. Once registered, you can save favorite properties, contact agents, and list properties for sale.

Yes, registered users can save search filters and receive email notifications when new properties matching their criteria are listed. Access your saved searches from the dashboard to quickly review new matches and track price changes on properties you're watching.

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