Amazines Free Article Archive
www.amazines.com - Monday, October 14, 2019
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133313)
 Advice (160842)
 Affiliate Programs (34734)
 Art and Culture (73685)
 Automotive (145676)
 Blogs (75042)
 Boating (9840)
 Books (17122)
 Buddhism (4124)
 Business (1328451)
 Business News (426309)
 Business Opportunities (366260)
 Camping (10960)
 Career (72723)
 Christianity (15840)
 Collecting (11637)
 Communication (115054)
 Computers (241950)
 Construction (38995)
 Consumer (49679)
 Cooking (17061)
 Copywriting (6567)
 Crafts (18204)
 Cuisine (7538)
 Current Affairs (20384)
 Dating (45774)
 EBooks (19685)
 E-Commerce (48197)
 Education (185227)
 Electronics (83492)
 Email (6392)
 Entertainment (159829)
 Environment (28934)
 Ezine (3039)
 Ezine Publishing (5446)
 Ezine Sites (1550)
 Family & Parenting (110899)
 Fashion & Cosmetics (196387)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310266)
 Fitness (106047)
 Food & Beverages (62863)
 Free Web Resources (7937)
 Gambling (30224)
 Gardening (25102)
 Government (10512)
 Health (629447)
 Hinduism (2205)
 Hobbies (44033)
 Home Business (91553)
 Home Improvement (251337)
 Home Repair (46124)
 Humor (4819)
 Import - Export (5453)
 Insurance (45130)
 Interior Design (29545)
 International Property (3484)
 Internet (190980)
 Internet Marketing (146326)
 Investment (22824)
 Islam (1167)
 Judaism (1356)
 Law (80475)
 Link Popularity (4591)
 Manufacturing (20842)
 Marketing (98765)
 MLM (14136)
 Motivation (18212)
 Music (27000)
 New to the Internet (9479)
 Non-Profit Organizations (4048)
 Online Shopping (129614)
 Organizing (7803)
 Party Ideas (11855)
 Pets (38081)
 Poetry (2234)
 Press Release (12672)
 Public Speaking (5618)
 Publishing (7523)
 Quotes (2407)
 Real Estate (126613)
 Recreation & Leisure (95263)
 Relationships (87453)
 Research (16158)
 Sales (80317)
 Science & Technology (110203)
 Search Engines (23451)
 Self Improvement (153096)
 Seniors (6231)
 Sexuality (35942)
 Small Business (49283)
 Software (82994)
 Spiritual (23464)
 Sports (116077)
 Tax (7658)
 Telecommuting (34066)
 Travel & Tourism (307299)
 UK Property Investment (3118)
 Video Games (13427)
 Web Traffic (11726)
 Website Design (56812)
 Website Promotion (36563)
 World News (1000+)
 Writing (35764)
Author Spotlight
RAJESH THAPALIYA

I am in Nepalest tourism industery working since 2000 as a trekking porter to the senior tour leader...more
CACEY TAYLOR

Im just a man who likes to be happy and see others happy. Im into home business, sports, family, and...more
SHWETA SINGH

This article has been written by a verified author, Shweta Singh. She has been in the business of wr...more
SHOVON JOARDER

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more
HANVEY HUANG

I'm a Chief Operated Officer from KIMKOO Mattress machinery.The pen is mightier than the sword.so I ...more


Caribbean Islands of the Super Rich by Laura Jeeves





Caribbean Islands of the Super Rich by
Article Posted: 02/23/2016
Article Views: 182
Articles Written: 3842
Word Count: 604
Article Votes: 0
AddThis Social Bookmark Button

Caribbean Islands of the Super Rich


 
Travel & Tourism
The Caribbean. Even as the words roll off the tongue we're conjuring up visions of sun-drenched beaches, luxury villas, and a couple dozen episodes of Lifestyles of the Rich and Famous. And it's all true. While The Caribbean is actually a very accessible and affordable holiday destination, and becoming more popular with expats of even modest means, it certainly attracts more than its fair share of the world's elite so-called 'super rich'.

The Sun Loving Super Rich

In order to qualify for the term 'super rich' an individual's net worth must be valued at least at US$30 million. While the islands of The Caribbean are home (at least on paper) to around 1,155 of the world's super rich demographic, incredibly that represents just 0.55% of the total number spread over the globe. Still, for the size and population of the region it's actually quite a disproportionate number, but there are no secrets when it comes to why the wealthy find this part of the world so appealing.

Why the Wealthy Love The Caribbean

Nearly 70% of the super rich residents of The Caribbean are expats, with those relocating from Canada, America and the UK in the majority. Aside from tax reasons, much of the population growth in terms of high and ultra high net worth residents is attributed to the increase in value of luxury properties throughout the region. Many are attracted to lifestyle investments like The Landings St Lucia, for example, which allow flexible freehold ownership and the opportunity to make money while living the pampered lifestyle of a 5-star luxury resort.

While not back to the dizzy heights of 2008's figures, over the past several years property values have been increasing incrementally, with up to 10% growth in 2014. Whether for a high growth investment like a villa in The Landings St Lucia or a multi-million dollar beachfront mansion in the Bahamas, the super rich love a sunny slice of Caribbean real estate.

Top Destinations Favoured by the Wealthy

Spread over a diverse area, 28 islands in The Caribbean are home to super rich residents, but there are two clear favourites: The Dominican Republic - with 265 ultra rich and a combined net worth of over US$30 billion and Puerto Rico, with over 100 ultra rich and a combined net worth of $US16. (Figures from the 2015 Wealth-X Caribbean Wealth and Investment Report.)

Also with their net worth totalled in the billions, some of the smaller islands, like Montserrat, have a very high proportion in relation to their size. With just 5,000 permanent residents, Montserrat has 10 ultra high net worth individuals, with more US$2 billion of assets between them.

Other islands with a particularly high number of super wealthy residents include Barbados (with 66), Haiti (with 73), and the British Virgin Islands and Cuba (with 46 each).

Lower or non-existent taxes, an easy route to permanent residency or citizenship, and an infrastructure that supports a luxury lifestyle mean that the number of high net worth individuals relocating to The Caribbean has continued to increase over the past few years, despite the effects of the global recession. And, with such a wealth of tropical island paradises to choose from, the trend doesn't look like changing any time soon.

Adam Gobat is a renowned expert on the Caribbean, with a passion for its culture, history, people and places. His in-depth local knowledge and wealth of experience in the luxury property market are key to the marketing and sales of the luxury villas and penthouses in The Landings, St Lucia, a unique freehold opportunity for beachfront property in the Caribbean.

Related Articles - The, Landings, St, Lucia,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
JOANNA MORGAN

Joanna Morgan has a huge passion for making money online from home and enjoys traveling around the w...more
JAMES OLEANDER

James Oleander is a professional writer on business and financial topics. He has published many arti...more
JASON NG

Jason Ng has a huge passion for the health and fitness industry as he strongly believes that having ...more
LANCE CHAPMAN

An experienced, resourceful and highly motivated IT professional, with a proven record of success in...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2019, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license