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Frequently asked questions
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Q Is it a different legal system when trying to make a Will?
A No they run under the English Law, so it works the same as over here.
Q Do the villas and apartments have a 10 year guarantee, similar to the British NHBC?
A No, but on completion the villas and apartments have a certificate by a structural engineer against any structural defects.
Q On completion of villa/apartment do you get deeds for the property?
A Yes you do get deeds for your property. | |
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Q At what point in a villa’s purchase can a client sign a contract for a guaranteed rental income?
A When the villa design is chosen, before build begins.
Q How many years can a rental contract be agreed for?
A Usually 2 years, but can be up to 7 years, subject to villa quality and location.
Q What is the capital gains tax situation in Barbados?
A It is the same as in England. | |
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