Purchase procedure:

 1. Start now and prepare your documents for Alien Land Holders License (ALHL) which is applied for at the time of agreement of purchase  and is specific to the property.

 2. Appoint a local Lawyer and provide them with your ALHL documentation

 3. Lawyer prepares ALHL application details in readiness.

 4. Find the property you like.

 5. Pre arrange with your bank for placement of a 10% deposit.

 6. Agree to purchase

 7. Sign Agreement of Sale contract and deposit 10% of purchase price in ESCROW account with the lawyer. This is a binding agreement, the only circumstances where you would retrieve the deposit would be if the seller fails to perform (for example if there was not clear title) or if the ALHL is not issued (this is extremely rare).

 8. The lawyer makes the ALHL application and searches to check clear title on the property. 

 9. ALHL is issued.

10.  Complete the purchase (your lawyer and the vendor's lawyer provide deeds of conveyance and you deposit the balance of purchase price).

At this point the property is yours.

Costs and fees total approx 12% purchase price and include the following:

ALHL application fee

ALHL Registration fee

Conveyance registration fee

Legal fees

5% Stamp Duty is paid by the purchaser
( & 5 % by the seller).

Complimentary Services

Real estate fees are borne entirely by the vendor. Purchasers enjoy the complimentary services offered by Grenadine Island Villas. Including provision of assistance through to completion.

We can provide recommendations and much practical support whilst you are viewing and staying on Bequia. www.grenadinevillas.com

We provide complimentary office services for clients on island.

We work closely with architects, lawyers to assist with your purchase decisions.

If you have any Questions regarding the process please email us.