St. Lucia, recently voted by Condé Nast Traveller as one of the four most beautiful islands in the world, is enjoying worldwide attention, with a 7% increase in arrivals for the first eight months of 2008over the previous year.
Along with a booming tourism trade, St. Lucia benefits from a stable government and economy. It has a well-established real estate market, where buyers get a lot more for their money compared to more developed islands such as Barbados. Property prices in St. Lucia are currently 35-40% of the price in Barbados, a gap likely to narrow in the next few years.
A World Bank report has ranked St. Lucia, which benefits from good air transportation links, among the Top 30 places in the world in which to do business. Private property is well-protected on the island, where the legal tradition is based on British common law, with the highest court of appeal the Privy Council in London.
St. Lucia also gets top marks for its warm climate, stunning beaches, crystal-clear sea and charming people, making it a leading island destination in the Caribbean for North American, British and European visitors.
![[Post to Twitter]](http://caribbeanpropertyblog.com/blog/wp-content/plugins/tweet-this/icons/tt-twitter.png){kind=icon}
