| St Vincent & The Grenadines Facts & Figures |
Population
110,000
Capital
Kingstown
Area
344 sq km/133 sq miles; 29 km/18 miles long 18 km/11 miles wide
Geography
St Vincent is a volcanic island. The northern third of the island is mountainous (parts of this area are accessible only by boat because roads cannot be built on the terrain). The highest point is La Soufriere volcano - 1,234 metres. Most of the island’s population lives near the southern coast. The island has a total of 84 km of coastline.
The island has 5 administrative parishes – Charlotte, St Andrew, St David, St George, St Patrick
Time Difference
GMT -4
Language
Official language is English
Monetary Unit
Eastern Caribbean dollar - EC$ (fixed to the US dollar); US dollars are widely accepted
Airport
Local airport, E T Joshua Airport, in Kingstown in the south of the island; an international airport is planned for 2011 +
Flight Times
5 major gateways – Barbados (30 mins) Grenada (30 mins) Martinique (45 mins)
St Lucia (20 mins) Puerto Rico (21/4 hrs); 5 x flights daily from Barbados (LIAT)
Climate Tropical climate with little seasonal temperature variation averaging 27°c; average daily sunshine is 8 – 9 hours; seasonal rainfall between May and November
Location
St Vincent is the largest and most populated island of the 32 St Vincent & the Grenadines islands and cays. It is part of the Windward Islands chain in the Southern Caribbean region and lies 100 miles west of Barbados
Government
St Vincent is an ex-British colony and has been an independent state in the Commonwealth since October 1979; Governor General - Sir Frederick Ballantyne; Prime Minister - Ralph Gonsalves
Economy
St Vincent is emerging as a well-governed and regulated financial jurisdiction, the main activities being banking, trusts, insurance and mutual funds. The registration of International Business Companies has also become a strong growth area.
Tourism
St Vincent is a new, unspoilt tourist destination. It is currently visited by ocean cruisers from the UK & US for day trips. High season is January to May. There are @400 rooms on the island, and no hotel is above a 3 Star.
Please contact Sales@garyelliott.co.uk to arrange your visit.
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Earthworks begin on Argyle International Airport Runway [03.02.09]
Just about a month after a symbolic blasting in the hills signalled the groundbreaking of the Argyle International Airport, the Prime Minister operated a bulldozer to commence earthworks for the first kilometre of the runway.
Great Investment Opportunity:
• St Vincent is a new tourist destination, mostly visited by day trippers from ocean cruisers. It is beautifully unspoilt and underdeveloped and has huge potential for growth, which has been acknowledged and is supported by the government
• Sunny weather all year round makes it an ideal holiday destination at any time
• Property prices are currently a quarter of those in Barbados so now is the perfect time for an early investment in this market as prices will rise when the resort opens as the island becomes more popular due to the increase in visitors.
• St Vincent operates a favourable taxation regime for international entities which are not subject to tax under the country’s laws. There is no capital gains tax, no inheritance tax and no tax on dividends. Capital and profits may be freely repatriated up to a limit of US$100,000