Property purchase costs in British Virgin Is. compared to Caribbean

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Click name of country for detailed information
Grenada 37.50%
Bermuda 32.15%
St Kitts and Nevis 29.70%
Dominica 28.45%
St Lucia 23.25%
Anguilla 23.01%
Antigua 22.50%
St Vincent 20.50%
Jamaica 19.41%
Bahamas 17.30%
Cayman Is. 17.00%
BVI 16.50%
Martinique 16.30%
Guadeloupe 16.30%
Turks & C. Is. 16.10%
Belize 16.00%
Barbados 12.91%
Dom. Rep. 12.43%
Neth. Antilles 12.16%
Trinidad & T. 11.41%
US Virgin Is. 10.00%
Montserrat 9.85%
St Martin 9.00%
Aruba 9.00%
Puerto Rico 8.33%

British Virgin Is.: Round trip transaction costs (%).

The total cost of buying and then re-selling a residential property, including all costs (except the sale price itself), expressed as percentage of the property value.


  • The property is purchased by a non-resident foreigner in the country where he/she is buying
  • The property is worth US$250,000 (250,000 for Europe)
  • The property is paid in cash
  • The property is a condominium located in a major city
  • The property is not newly-built
  • The property is bought from an individual and not a developer or real estate holding company.

Transaction costs can be broken down into four major cost areas:

  • Registration costs
  • Real estate agent fees
  • Legal fees
  • Sales and transfer taxes

Other incidental costs (survey fees, residency permit cost, or company setup costs), are not included in our calculations. In most cases value added tax (VAT) is not included, because our figures reflect the purchase of old, not new, properties.

Costs paid by buyers and sellers vary widely. Agents and lawyers costs are often negotiable. Buyers of expensive properties often pay proportionately lower agents fees. For the full spectrum of possible transaction costs see the Country | Buying Guide.

For fuller details see the Data FAQ.

Source: Global Property Guide Research

The British Virgin Is does not publish official house price statistics. General economics statistics are from the Development Planning Unit of the British Virgin Islands.