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OWN A PIECE OF PARADISE - ST. EUSTATIUS Statia is just now becoming a popular place to set down roots for many expatriates. With its favorable climate, stable economy, widespread use of English, laid-back lifestyle and lack of crushing crowds seen in other Caribbean destinations it's got a lot to offer.
But, there's a lot to consider when contemplating a move abroad. Whether purchasing a permanent residence or a second or third vacation home, there are many things you'll want to research before taking the plunge. Here are some basics about Statia real estate.
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Can I own property in Statia? Statia has very little in the way of resale homes for sale. At only eight square miles, the island is a very small, almost unknown jewel of the Caribbean and as such, development has almost entirely passed over this tiny island. Currently part of the Netherlands Antilles, Statia is poised to change hands in 2008 and will become a municipality of Holland. However until recently, very few homes changed hands and the existing homes were often passed down to family members.
Plans are in the works for new housing developments, some new housing is coming into the market and some parcels of land are available for purchase. The best way to investigate purchasing property in Statia is to contact a realtor on the island directly. Virtually none of the realtors on the island have websites, so you may want to try researching listings on several Caribbean real estate websites that may have Statia real estate links.
Resources to try: the official tourism website (statiatourism.com), the government website (statiagovernment.com) or Caribbean Retirement Property.com.
