Discover Trinidad & Tobago 2017 (#28)

Buying your place in
the sun
There are several options for investing in
property here: buying a timeshare or into
a development (averaging US$500,000–
$1 million); buying land and building yourself (land
averages US$60,000–$200,000); or purchasing
traditional single-family homes (averaging
US$160,000 to upward of US$4 million). The
market in recent years has seen falling prices,
so there are deals to be had. Foreign buyers are
required to obtain a licence, which allows for
purchasing up to an acre in certain locations.
Property taxes were reintroduced in 2016,
and there is a 5–10% stamp duty on most real
estate transactions, plus applicable legal fees.
Agencies like the well-established Abraham
Tobago Realty and Caribbean Estates,
Lands & Villas can help you buy your piece of
paradise.
courtesy Caribbean estates, lands and villas
Getting married
With a variety of stunning backdrops
to choose from, Tobago
has become a popular wedding
destination. Several resorts (some
with breath-taking grounds, views,
or access to beautiful beaches)
and wedding service providers will
guide you through the process.
Many offer custom packages to
make your special day (and honeymoon!)
absolutely perfect. For
more: visittobago.gov.tt
courtesy yaisa tangwell
Wooden path through the mangroves at Tobago Plantations
104 discovertnt.com