Foreigner's buying property in St. Vincent and the Grenadines are required to apply to the government for what is called an "Alien Land Holding Licence". The Alien Landholding License is a license issued for the purchase of a specific property by a specific owner and is non-transferable.
The Alien Landholders License can only be applied for, once a deposit has been placed on a property. To apply for this licence the foreigner needs to employ a local attorney and will be required to provide the local attorney with the following:
A police certificate
A banker's reference
The attorney then makes the application for a Alien Land Holding Licence. Upon filing this application a fee of EC$ 2,500.00 (US$936) will need to be paid to the St. Vincent Government.