Heading to St. Croix to buy an old house.
Believe it or not, I saw a property online, knew it was perfect for me, and am now on the island about to see it in person for the first time...
That probably sounds "crazy", unrealistic, complicated or just plain impossible. I'm here to assure you however, that with a little determination and a willingness to learn, you can make amazing things happen.
How do you buy a property on a Carribbean island? Well that depends on which one and where you're from. In my case, I'm a Canadian citizen and it took several phone calls and emails with strangers, lots of research and the willingness to hear "NO" over and over. Don't get left behind because your imagination is limited or you don't like rejection. Dream big and don't stop working towards your vision... Sooner or later, a pathway will make itself available and you'll be ready to forge ahead.
My advice to anyone who would like to buy foreign property is to keep your options open.
Perhaps one country won't allow you to purchase anything as a foreigner... Don't let that discourage you. Instead, figure out what you like most about that place and consider where else in the world can offer you your favorite things. I didn't start out dreaming about buying property in the U.S. Virgin Islands, but after extensive travel and research, it turned out to be the best option for me. Some of the things I discovered that made this an excellent option include; no sales tax, minimal property taxes, the ability to spend up to 6 months a year on the island without a visa, and the fact that real estate prices are still very reasonable despite the dream-like setting.
Today, I'm having tea with someone I found in a youtube video, talking about the historical architecture on the island. He is a board member of the preservation commission and since the property I'm interested in is protected by this group, Gerville is someone I would love to team up with.
Side Note: One of the great things about networking on a small island is that everyone knows each other and is happy to help. When I emailed Gerville and introduced myself as a Canadian woman who had just watched his presentation about the VIHPC (Virgin Islands Historic Preservation Commission) and that I wanted to meet him, he actually replied and said he would be happy to welcome me to the island and tell me more about the commission and what he does. If I'm lucky, Gerville will come and view the property with me and give me his thoughts on the restoration process he would recommend.
Wish me Luck.