Trinidad & Tobago
A unique Caribbean paradise. This tiny twin island republic of 1.3 million ethnically diverse people is located just off the tip of Venezuela, Trinidad, the larger and livelier of the islands, is an industrial giant boasting exciting nightlife, a robust energy sector and growing manufacturing industry. One of the wealthiest Caribbean islands.
Capital city: Port of Spain
Language: English, French and Spanish
Religion: Mostly Christian
Currency: Trinidad and Tobago dollar (TT$)
Climate: Tropical
Time zone: GMT - 4.
Getting there: Piarco International Airport (POS) is 25km (16 miles) east of Port of Spain. The national airline is BWIA (BW) Regular schedule and charter flights available.
Buying process: There are active policies to encourage foreign direct investment and there are regulations in place granting foreign owners the same legal rights as their domestic citizens when it comes to their property assets. Stamp Duty is a governmental requirement and is paid on both residential properties greater than $350,000. Anything below that level incurs no tax.
$350,001 and $450,000 - 5%
$450,001 and $550,000 - 7.5%
over $550,000 - 10%
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