Why Invest in Statia?

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The Windward Islands have a duty-free status with the exception on the import of gasoline. The Island Government is authorized, in cooperation with Director of Taxes, to establish a Free Zone or extend tax-holidays.

Some of the other incentives for investors are:

Government/Private lease land
Joint Venture opportunities
Several economic sectors remain untapped (conference/golf/health)
Multi-ethnic / lingual community
Untapped intra-Caribbean market
Easy access European Common Market

For Potential Investors

St. Eustatius offers potential investors:

Genuinely friendly people
Peace & tranquility
Relatively crime at a low ebb
Close proximity to St.Maarten
Stable government
A multi-ethnic/lingual community

Land Development

Privately owned property can generally be acquired through the private sector with few restrictions.

The Government does not sell land, only long lease for properties used for business purpose. Before approval by the Executive Council a study is carried out on the area that is to be developed and if it is according to the Zoning Ordinance (being worked on) and Hindrance Ordinance of the Island Territory.

There is approximately 30.000m² property available for tourism development on long lease terms at the historical Lower Town area. In addition there are other (beach front) areas which the government has assigned for tourism and agricultural development. Depending the total investment, employment and contribution to the total community the long lease charges are negotiable.

For more information on investment opportunities in St. Eustatius please e-mail us at invest@statiagovernment.com

 

© 2005-2009 St. Eustatius Government and Turquoise Interactive.