We can assist you in arranging your non-resident mortgage in Saint Lucia.

The Caribbean is synonymous with luxury. It is many people's dream to holiday in these exquisite islands - to be able to buy your very own piece of such tropical paradise is often pure fantasy.

Experts tend to agree that the Caribbean offers great investment potential. As an established tourist market, not to mention a Mecca for holiday-homers and retirees alike, the attraction of these islands is unlikely to diminish. As a result, rental returns tend to be good - especially considering that this is a year-round market.

The Buying Process
Generally, when buying an off-plan property, you will be required to make stage payments. This will usually consist of an initial ten per cent deposit, but payments of the remainder of the balance will depend on the development in question. Even though you are purchasing a new-build home, your solicitor will still need to search for the Register of Title, so it is best to use an independent lawyer rather than one recommended by the developer.

If you are buying a resale property, you will need to acquire a solicitor as soon as a price has been agreed - just as you would in the UK. The good news is that generally, throughout the Caribbean, the red tape seems to be far less than we are used to, but the major difference is that you will be required to pay a ten per cent deposit on signing the purchase agreement. This money is then held in the vendor's lawyer's escrow account until you pay the balance on completion and it is all transferred to the seller. The buying process for a resale property should take around three months.


The general lending criteria for St Lucia, is as follows:

Maximum 70% Loan to Value, or financing for construction up to 50% of cost.
Term 5-20 Years
Max Age 65
Rates linked to US Libor + margin (subject to status).

The mortgages are Full Status, therefore Proof of Income: required in all cases. What will I be expected to provide to get the mortgage?

• Lenders are looking for 3-6 months pay slips (employed)
• Most lenders will require P60's (annual tax statement)
• or 2-3 years audited accounts (self employed) and copies of tax returns
• 3-6 months bank statements
• Be a home owner or if renting proof of rental contract
• Full anti-money laundering compliance, Current passport certified by a lawyer, current driving licence, 2 utility bills dated within the last 3 months excluding mobile phone bills. You will need to demonstrate your previous credit history and compliance to Anti-Money Laundering rules.