Obtaining An Alien Landholding Licence In St. Lucia

Obtaining An Alien Landholding Licence In St. Lucia

For foreign traders, before you purchase St. Lucia real estate you need to acquire an Alien Landholding License. Are the details of the procedure Here. The beautiful Caribbean island of St. Lucia has, lately, become a popular destination for British retirees to buy property and relax to live out their years in their very own place in the sun. Simple, Streamlined, Welcome to St. Lucia!

I’ve never heard what “buying a house abroad” strike confidence into anyone’s center, but if you’re considering purchasing St. Lucia real property, rest assured that it is actually a fairly straightforward process. The St. Lucian federal government has recognized the worthiness of international investment and have streamlined the procedure of obtaining an Alien Landholding License to be as fast and stress-free as you can.

  • ► August 2009 (1)
  • Financial: Reduced cost of risk & conformity, improved bottom-line, value to stakeholders, etc
  • The property must not be listed for sale at the time of loan software
  • United Overseas Bank or investment company

No matter how easy it is, however, the very first thing you must do is enlist the services of an area-property attorney to help you navigate the mandatory governmental departments. In order to complete the application your attorney will need the following documentation and fees. 10,000 if over an acre or more to 10 acres.

50,000 for properties over 100 acres. Completed Once, the application is sent to the Physical Planning Office of the Ministry of Physical Development, Environment & Housing, from where it is then sent to the Prime Minister’s Office for the last approval. Following granting of the license, it’s returned to the Physical Planning Office and a draft copy is delivered to the Office of the Attorney General. While it is not just a complicated procedure, as in any nationwide country really, I’ve found that working with busy government departments here always takes a certain amount of time.

Even if everything would go to the letter you will have to allow at least 4-6 weeks anyway, and up to 90 days. After the Attorney General’s department has signed the license, your property attorney will lodge it with the Land Registry, which I’ve usually found takes up to fourteen days. The final step is to complete the transfer of the property to your name with a Deed of Sale, which your attorney will prepare. That is also when the money is transferred to the vendor plus they, in turn, sign the Deed of Sale. Once this is lodged with the Land Registry the process is complete.

2 million. The corporation utilizes the percent-of-sales method of financial forecasting. 14 million next year, exactly what will the firm’s investment in inventory be? Assume that Calamar Corp. 450,000. The organization utilizes the percent-of-sales approach to financial forecasting. Year 9 million next, exactly what will the firm’s accounts payable be? 5 million. The organization utilizes the percent-of-sales approach to financial forecasting. 31 million next year, what will the firm’s investment in current resources be?

22.4 million in 2013. The organization utilizes the percent-of-sales approach to financial forecasting. 94 million in 2014, exactly what will the firm’s investment in set possessions be? That some resources do not increase in direct percentage to an increase in sales. The accounts receivable average collection period will remain continuous throughout the forecast period.

The company may get some good “lumpy” assets. Every one of the above. Assume all else remains the same. Which of the next statements is true? The lower the dividend payout, the less a firm will have to reinvest. The bigger the dividend payout, the greater discretionary financing a firm will require.