Lifestyle, Stability, Security, Investment
If you are searching for a sun-drenched paradise with beautiful waters to create your next getaway home, then look to Oil Nut Bay in the British Virgin Islands. In addition to its exceptional physical beauty and gracious living, home ownership at Oil Nut Bay offers a sound investment strategy -- investments that will enhance your lifestyle as well as your portfolio.
Many individuals considering home ownership in the Caribbean are drawn to the BVI because of its stability. This stability is evidenced by the BVI's financial services sector, which is one of the preferred corporate domiciles for international businesses. Additionally, with low unemployment rates (3.3%), one of the highest per capita GDP rates in the region (US$41,000), and extremely low taxation, home owners can feel confident knowing that their property will reap the benefits of an established, stable jurisdiction. Crime statistics demonstrate that the BVI is among the most secure and safe nations within the Caribbean.
Oil Nut Bay enjoys a unique position among the Caribbean's luxury communities due to the stability and financial health of its developer, Victor International.
Each Victor International community is thoughtfully considered, planned and executed with exacting detail, one community at a time. This is by design to ensure that the original vision and resulting community are perfectly aligned. Building and construction continued at Oil Nut Bay throughout the 2008-2009 financial slowdown even as other communities in the Caribbean were shuttered and ceased operation. In 2010, home site sales and construction at Oil Nut Bay are accelerating with construction nearing completion for many facilities and the opening of the Oil Nut Bay Beach Club.
Investing in home ownership in the BVI has historically proven to be financially beneficial. According to BVI real estate organizations, BVI home prices continue to grow steadily between 7-10% per year. Demand for luxury housing has remained strong, without experiencing the highs and lows (booms and busts) found in other property markets throughout the Caribbean. The BVI's limited portfolio of available oceanfront home sites and the BVI government's calculated measures to prevent over development and speculation have helped to ensure increasing property values.