Why Trinidad and Tobago Property Investments?
Trinidad and Tobago property investment can be a lucrative way to make the most out of your savings with more people now seeking advice on getting into property investment abroad.
There are a number of things to consider when thinking about how to start investing in property in Trinidad and Tobago, like where you are going to invest, what type of property investment you want to purchase and what are the tax implications of your investment.
About Trinidad and Tobago
Trinidad and Tobago obtained independence in 1962, becoming a republic in 1976 and has a population of 1,363,985 (July 2019).
The Republic of Trinidad and Tobago is the southernmost island country in the Caribbean consisting of the main islands Trinidad and Tobago with numerous much smaller islands including Chacachacare, Monos, Huevos, Gaspar Grande, Little Tobago and Saint Giles Island.
Islands and countries in close proximity include;
It has the 3rd highest GDP per capita based on PPP (purchasing power parity) in the Americas after the United States and Canada and is recognised by the World Bank as a high-income economy.
Whereby most Caribbean nations and territories rely heavily on tourism, the Trinidad and Tobago economy is primarily industrial with an emphasis on petroleum and petrochemicals.
Trinidad and Tobago has a maritime tropical climate with the dry season between January – May and the rainy season the remainder of the year. Unlike many Caribbean islands, Trinidad and Tobago lie outside the main hurricane alleys.
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