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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