| Margarita Island
lies just 40km off Venezuela’s northern coast [view
map]. The
island is becoming an investment hotspot due to the
following reasons:
- The buying process is simple for foreign investors. Real estate
prices are competitive and the quality of construction very high.
- An all-year round summer climate
averaging between 26ºC (78ºF) and 31ºC (88ºF).
The island is hurricane free and local conditions make it
a mecca for international sailing and windsurfing communities.
- The island boasts some of the most beautiful and secluded
beaches in the Caribbean.
- The island has been duty free since 1975.
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![[view map]](../reg_sum/reg_sum_images/venezuela/margarita-island-map.gif){kind=link}