Question: How can you make a property investment purchase in an emerging market of massive opportunity even more appealing and possibly even more prosperous?



Answer: Buy real estate in a politically stable Caribbean nation where annual GDP growth is in the region of 9%, where there are no closing taxes, no annual property and land taxes, and buy through a legitimate offshore company structure.





If the above scenario sounds too good to be true, the fact of the matter is simple, there is a window of massive opportunity currently open on a stunning Caribbean island where the government is working with private investors to ensure an atmosphere conducive for tourism and where real estate investment is nurtured and enabled. Where one can take advantage of rapidly increasing travel and tourism growth, advancing demand for real estate and genuine tax efficient ownership options.



The island is question is Isla Margarita. It is the largest island in the state of Nueva Esparta in Venezuela, and there are currently excellent property investment opportunities available to local and international buyers seeking a second home, a lifestyle property or a pure property investment asset. Located in a Caribbean paradise, this opportunity is further enhanced because capital appreciation levels are strong, rental yields are guaranteed and because there are specific taxation advantages available to encourage investment.



Because the oil rich economy in Venezuela is rapidly advancing through diversification efforts enabled by the current government, both tourism and real estate are specific sectors of the economy into which concerted governmental money and effort is being focused. As part of the governments efforts to promote and enhance travel and tourism and also the underlying resort style real estate sector specifically on the tourism rich island of Isla Margarita, taxation incentives are in place to encourage investors to buy in. Whats more, certain developers of key resorts on the island are offering further tax efficient purchase options to buyers.



One development called the Caracola Beach and Spa Resort has packaged and laid out the ownership options for would-be buyers and investors in great detail. For example at Caracola buyers can purchase through a Wyoming Limited Liability Company (LLC) for maximum tax efficiency. By buying through such a company, purchasers are advised that they are not liable for local income, land registry or capital gains taxes, and upon the resale of the property held by the company, exchange controls are avoided, remittance abroad of returns from investments are unrestricted, and purchasers are advised that a Wyoming Limited Liability Company is an offshore company and therefore not liable for taxes anywhere in the world.



Of course, taxation rules relating to the owners or directors of the company differ depending on the nationality of the individual and the nation in which they are tax resident, but Wyoming LLCs also provide complete anonymity as they do not have to publish details of ownership, membership or trading activity. Other resorts in Isla Margarita offer similar opportunities to purchasers, and investors are always advised to seek individual taxation advice to ensure their investments are personally taxation enhanced, but the bottom line is, there are significant taxation and financial advantages currently available to investors in real estate in Isla Margarita. Depending on the resort an individual chooses for their investment commitment, these taxation advantages may be more enhanced, and in some resorts such as the Caracola Beach and Spa Resort buyers can benefit from a 7% rental guarantee for 10 years and still have personal vacation time in their property.



As you can therefore see, in a world where there are many opportunities open to those seeking stunning real estate for sale with excellent investment benefits, one location stands head and shoulders above all others. Isla Margarita is not only a Caribbean paradise with palm-fringed beaches and a thriving economy, it is a destination enhanced by luxurious real estate, fabulous tourism amenities and where investors can purchase and profit in a tax efficient and positively booming way.