Buying islands.

Buying islands.

The market for buying and selling islands is a rather narrow and expensive market. For large islands with developed infrastructure, especially if they are in popular countries for recreation, the price will be measured in tens or even hundreds of millions of dollars. The whole island can be purchased in Ireland, Croatia, Montenegro, Finland, off the coast of America and Canada, in New Zealand, in exotic island jurisdictions: French Polynesia, Seychelles, Tonga, Fiji. Although the prevailing notion that islands are accessible only to very rich people, is not entirely true. There are offers of the islands, the price of which varies within the cost of the Moscow apartment & # 8211; 100-300 thousand dollars, which is quite affordable for the middle class. It should be noted that for fans of islands and seclusion it is not necessary to purchase an entire island, you can buy a part of the island for a hotel, villa or yacht club.

There are many nuances associated with the peculiarities of the legislation of different countries. In many countries, an agreement on the sale of an island can only take place with the permission of the Ministry of Defense and Agriculture. In a number of countries, there is a restriction on the sale of the coastal line, that is, the beach. In most Asian countries, a foreigner can own only half of the land on an island, and the owner of the remaining 50% must be a citizen of the country. Not some islands are prohibited from building. In some countries, the purchase of the island is forever impossible, but it is possible to lease the island, say, 999 years, which is essentially equivalent to buying.

In any case, one thing is clear: persons who buy islands, always use the services of lawyers and tax advisers to competently draw up a deal for the purchase of the island. Our company has solid relations with the leading real estate and law firms in the Republic of Seychelles. And if you are interested in buying islands in the Seychelles, then we will be happy to help you.

The second citizenship of Cyprus for investors – the new rules 2016.