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St Lucia Real Estate FAQ

Cap Estate • Rodney Bay • Marigot Bay • Soufriere

Question about buying St Lucia Real Estate

Yes, foreigners can purchase property in St. Lucia but must first obtain an Alien Landholding License. The license is specific to each property and takes about 4-6 weeks to process. There are fees associated, including an application fee and a license fee depending on the size of the property​(

Buyers must pay a 2% government stamp duty on the purchase price to register the property. If a mortgage is involved, an additional 1-1.2% stamp duty applies. Legal fees range from 1-1.2% of the purchase price. Sellers, particularly foreign ones, are subject to a 10% Vendor’s Tax on the sale price​
The process typically starts with a 10% deposit upon signing the agreement of sale. Non-nationals must then apply for the Alien Landholding License. Once this is approved, the sale proceeds, and the title is transferred. Legal assistance is essential to navigate the process
Yes, owning property can entitle non-citizens to permission to reside in St. Lucia, and there is no requirement to check in with immigration during the stay.

Mortgages are available through local and international lenders, with varying interest rates. Buyers should evaluate the different financing options and consider the legal and financial aspects carefully

Question about Selling St Lucia Real Estate

Sellers must engage a lawyer to handle legal aspects such as preparing the sales agreement, conducting title searches, and ensuring the sale adheres to local regulations. The legal process includes paying the 5% transfer tax and ensuring that all title documents are up-to-date

The costs include:

  • Real Estate Agent Commission: Typically 5-7% of the sale price.
  • Legal Fees: 1-2% of the sale price.
  • Transfer Tax: 5% of the property’s sale price.
  • Valuation Fees: Vary, depending on property size.
  • Marketing Costs: Professional photography, online listings, and staging
The time frame can range from a few weeks to several months, depending on factors such as the location, condition, and price of the property, as well as market demand. Properties in desirable tourist areas or prime locations may sell faster

Yes, foreign buyers must obtain an Alien Landholding License, which is required to purchase land in St. Lucia. The license application process can take 4-6 weeks and requires several documents​

Factors include location (proximity to popular tourist areas), property size, condition, and the overall real estate market. Areas like Cap Estate and Rodney Bay typically command higher prices due to their desirability

 Please refer to the link for detailed information on all St. Lucia Real Estate Laws.

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