Searchlight Logo
special_image

    • News
      • Front Page
      • News
      • Breaking News
      • Press Release
      • Features
      • Special Features
      • From the Courts
      • Sports
      • Regional / World
    • Opinions
      • Editorial
      • Our Readers’ Opinions
      • Bassy – Love Vine
      • Dr. Fraser- Point of View
      • R. Rose – Eye of the Needle
      • On Target
      • Dr Jozelle Miller
      • The World Around Us
      • Random Thoughts
    • Advice
      • Kitchen Corner
      • What’s on Fleek this week
      • Health Wise
      • Physician’s Weekly
      • Business Buzz
      • Hey Rosie!
      • Prime the pump
    • ePaper
    • Obituaries
      • In Memoriam / Acknowledgement
      • Tribute
    • Contact Us
      • Advertise With Us
      • Letters To The Editor
      • General Contact Information
      • Contact our Webmaster
    • About Us
      • Privacy Policy
      • Interactive Media Ltd
      • St. Vincent & the Grenadines
    • Subscribe
    • News
      • Front Page
      • News
      • Breaking News
      • Press Release
      • Features
      • Special Features
      • From the Courts
      • Sports
      • Regional / World
    • Opinions
      • Editorial
      • Our Readers’ Opinions
      • Bassy – Love Vine
      • Dr. Fraser- Point of View
      • R. Rose – Eye of the Needle
      • On Target
      • Dr Jozelle Miller
      • The World Around Us
      • Random Thoughts
    • Advice
      • Kitchen Corner
      • What’s on Fleek this week
      • Health Wise
      • Physician’s Weekly
      • Business Buzz
      • Hey Rosie!
      • Prime the pump
    • ePaper
    • Obituaries
      • In Memoriam / Acknowledgement
      • Tribute
    • Contact Us
      • Advertise With Us
      • Letters To The Editor
      • General Contact Information
      • Contact our Webmaster
    • About Us
      • Privacy Policy
      • Interactive Media Ltd
      • St. Vincent & the Grenadines
    • Subscribe
Occasional Essays
August 25, 2006

Sale of land to foreigners

The other day two friends, both economists for whom I have some respect, rounded on me and said that the ULP Government is not doing enough to facilitate the purchase of land by foreigners in SVG. Europeans are purchasing real estate overseas and the boom this is creating is bypassing SVG. The money from these transactions is percolating through the economies of other islands and helping to boost the level of economic activity there.

I was dumbfounded for I had been anticipating the very opposite criticism. If you believe some people in SVG, we are selling too much land to foreigners. When I had had time to recover from this totally unexpected barrage, I asked my economist friends what the Government has been doing wrong. They said we had this Aliens Landholding Act which regulated the sale of land to foreigners. Many of the other islands did not have this law and in those islands the land was being sold without the public even knowing whether it was foreigners or locals who had bought it.{{more}}

As if this assault had not been enough, the next day a respected lawyer asked if I had not heard of the case of Bess versus Bess. He went on to explain that this was a Vincentian case that had gone all the way to the Privy Council. The woman Bess was shown to be an alien but held land without an aliens’ landholding licence. The Privy Council had however allowed her to continue to hold it on the basis of some technicality. It was not the decision so much as some remarks made during the case which aroused my attention. One of the QCs in the case had pointed out that Vincentians like to go to other peoples’ countries and buy houses yet when other people come to their country they hear all sort of rigmarole about aliens landholding licence.

The Privy Council is of course based in England and I am only too well aware that many Vincentians had gone there, bought houses and years later sold them for a handsome profit. They had then returned to St. Vincent to build their dream house. In fact, such houses are dotted all over SVG.

It is not at all surprising that the land issue should come to the forefront at this time. We are transitioning from a goods to a service economy and this has implications for the man/land relationship. With goods such as bananas we grow them on our own land, pack them in a box and send them to England to sell to foreigners.

With tourism, the main service industry, we cannot pack the sea, sunshine and what have you in a box and send it off. The tourists have to come here to enjoy them and when they come what would you say to them? You can live in a hotel but you cannot build a home or hotel here. We are not yet a big tourist destination and with such an approach we will never become one. Ironically, it is the tourist facilities established by the foreigners that are responsible for most of the tourist dollars we now earn.

I am a bit bemused by the role of the Mitchells in all this. Mrs. Mitchell, herself at one time a foreigner, is protesting at land sales in the Grenadines to foreigners. Yet it is her husband, Sir James who disposed of the largest single bit of land in the Grenadines to a foreigner. This is the 1,229 acres of Canouan which is twice the size of Park in Bequia about which his wife is making such a furore. It is pointless saying he only leased the land. For in a very unusual arrangement the lessee can give freehold titles to the purchasers of property which he holds only on a lease.

In addition to tourism, construction is the other sector which is expected to keep these islands afloat. Here too, the role of the foreigner is critical. Construction is undertaken by locals, the Government and foreigners. Locals will continue to build mainly private homes. This however is but a drop in the ocean.

Government does a lot of construction. The revenue it collects however just about covers recurrent expenditure. It therefore has to rely on grants and loans to fund new construction. Grants are getting scarcer with only Taiwan and the EU providing any. At the same time the capacity of a government to obtain loans is finite. Already it is being said that some OECS countries are too heavily indebted.

A significant amount of the construction will therefore have to be done by the foreigners. One does not have to be a rocket scientist to see that this is already happening. For years, the Mustique Company has been employing about 500 construction workers. Canouan and Palm Island have been doing their share and look at what is already happening at Buccament.

Direct Foreign Investment (DFI) is the name given by economists to the purchase of land and construction thereon by foreigners. They have pointed out that it is this DFI and export agriculture that has kept these islands afloat for many years. The bottom has fallen out of most of the export agriculture. The Banana Association is stone broke. If we now pull the plug on land sales to foreigners how are we going to get money coming into the country? Through marijuana, remittances and aid? Not only will we be much poorer then, but we will also be contemptuously dismissed as a mendicant and rogue economy.

Indulging in historical revivalism will not help matters. Like the economists I mentioned at the beginning of this article, we have to look at our problems in an analytical way.

We should not stop selling land to foreigners, but our democratically elected Government should keep the entire system under review and control through the Aliens Landholding Act despite the reservations some of my economist friends have about the Act.

  • FacebookComments
  • ALSO IN THE NEWS
    12 left homeless in mid-day fire at Richland Park
    Front Page
    12 left homeless in mid-day fire at Richland Park
    Webmaster 
    September 5, 2025
    A fire that destroyed a multi-family complex in Richland Park over the weekend has left at least 12 people homeless, including a 23-year-old mother of...
    PM responds to US military strike on small boat off Venezuela
    Front Page
    PM responds to US military strike on small boat off Venezuela
    Webmaster 
    September 5, 2025
    Prime Minister, Dr Ralph Gonsalves has responded to reports by the United States administration that its military had carried out the bombing of a boa...
    Building material disappear from the Mary Hutchinson Primary School
    Front Page
    Building material disappear from the Mary Hutchinson Primary School
    Webmaster 
    September 5, 2025
    Police investigators on Union Island are said to be looking into the “disappearance” of building materials that were sent to the Southern Grenadine Is...
    What’s new at Fitz Hughes Government School?
    Front Page
    What’s new at Fitz Hughes Government School?
    Webmaster 
    September 5, 2025
    by Grace Francis After sharing a small space for over a year, children and teachers at the Fitz Hughes Early Childhood Centre went into brand new prem...
    MRI-6 donates over $70,000 for school meals for vulnerable students
    Front Page
    MRI-6 donates over $70,000 for school meals for vulnerable students
    Webmaster 
    September 5, 2025
    Several secondary schools and special needs institutions across St Vincent and the Grenadines (SVG) have received $5,000 donations towards meals for s...
    Minister of Information Technology  emphasises the importance of Cybersecurity
    News
    Minister of Information Technology emphasises the importance of Cybersecurity
    Webmaster 
    September 5, 2025
    Robust cybersecurity must be at the heart of the digital transformation that is currently taking place in St Vincent and the Grenadines (SVG) says Min...
    News
    Minister of Information Technology  emphasises the importance of Cybersecurity
    News
    Minister of Information Technology emphasises the importance of Cybersecurity
    Webmaster 
    September 5, 2025
    Robust cybersecurity must be at the heart of the digital transformation that is currently taking place in St Vincent and the Grenadines (SVG) says Min...
    Entities team up to boost disaster communication capacity
    News
    Entities team up to boost disaster communication capacity
    Webmaster 
    September 5, 2025
    The Climate Change Resilience Network (CCRN) in collaboration with the Youlou Radio Movement (YRM) recently embarked on a disaster preparedness initia...
    Ministry of Health to get more dialysis machines
    News
    Ministry of Health to get more dialysis machines
    Webmaster 
    September 5, 2025
    The Ministry of Health, Wellness and the Environment, is to obtain three more Heamodialysis machines as part of the revolution in the healthcare secto...
    PM Gonsalves heads delegation to Ethiopia
    News
    PM Gonsalves heads delegation to Ethiopia
    Webmaster 
    September 5, 2025
    Prime Minister, Dr Ralph Gonsalves, is leading a delegation to the East African country of Ethiopia; the delegation left the state on Wednesday, Septe...
    New Port to be opened on October 24- PM Gonsalves
    News
    New Port to be opened on October 24- PM Gonsalves
    Webmaster 
    September 5, 2025
    The modern port in Kingstown is expected to be handed over to the government just before this country celebrates its 46th anniversary of political ind...

    E-EDITION
    ePaper
    google_play
    app_store
    Subscribe Now
    • Interactive Media Ltd. • P.O. Box 152 • Kingstown • St. Vincent and the Grenadines • Phone: 784-456-1558 © Copyright Interactive Media Ltd.. All rights reserved.
    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok