Increasingly, expatriates are taking advantage of the excellent investment options, largely real estate, that are available in Small Island Developing States (SIDS). Of course there is local ownership of some of the more spectacular properties on islands, but have you ever considered the percentage of locals to expats who invest in islands? Is the average islander able to afford a range of investment opportunities? Absolutely!
As Islanders we often do not consider that investing in our island is doable and can be the ultimate pension and retirement plan. Imagine living the island dream, spending your retirement in a world that is your own, but experienced at a whole different level.
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| Beachfront home |
For example, a beach front property is an investment that is always an attractive choice for more reasons than one. As an islander you are already aware of the vulnerabilities and can prepare yourself for any natural disasters that may occur.
What about investing in a cay? The Caribbean for example offers excellent options in owning cays. Even outside of being excellent vacation retreats or retirement enclaves, your private island can be transformed into functional and income earning investments once a proper business plan is in place.
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| Cay in the Caribbean |
But going beyond the natural beauty of the islands, one of my Martin Luther King dreams is to own a little piece of island heritage. I am on the hunt for a Great House that I hope to make into a functional space for locals and overseas visitors alike to experience the diverse history of my island home.
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| Chattel House as a business place |
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| Get creative with stunning windmills |
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| Historic structures can be multifunctional. |
Do the research as to what your investment option could be. Real estate and other viable economic activity within islands, is an entrepreneurial plus, as islanders why shouldn't we be among those enjoying and reaping the benefits of a slice of paradise?
Island 'steals' can also be for you, an Islander!
