Caribbean investment outlook
Caribbean property markets close a strong summer 2017 season with tourism records and investment confidence, even as meteorologists track a potentially catastrophic hurricane approaching the Lesser Antilles. Edition 107 of the Caribbean Property & Investment Review.
Summer 2017 has delivered a robust Caribbean tourism season and a strengthening property market — but as this edition goes to press, forecasters are tracking a rapidly intensifying hurricane that poses a grave threat to the Leeward Islands.
The 2016 Atlantic hurricane season has been quieter than forecast through August, providing relief for Caribbean property and tourism markets. Guyana’s oil investment momentum continues to build post-Payara discovery. Panama Papers regulatory aftershocks continue to reshape Caribbean offshore structures and CBI programmes.
One month into the Panama Papers scandal, the fallout for Caribbean offshore financial centres — particularly the BVI and Cayman Islands — is intensifying. Regulators and governments are under pressure to deliver beneficial ownership transparency, with direct implications for Caribbean property holding structures and citizenship by investment programmes.
Our year-end edition surveys the Caribbean property and investment landscape as 2015 closes: the Paris Agreement sets new climate benchmarks, oil prices collapse toward historic lows, Trinidad & Tobago faces fiscal headwinds, and Caribbean tourism closes out a record year. What does 2016 hold?
The Caribbean hurricane season enters its statistical peak as Trinidad & Tobago prepares for a pivotal general election on 7 September. Guyana’s oil story deepens and Caribbean property markets demonstrate resilience amid global economic uncertainty.
The Caribbean investment landscape continues to shift in the wake of the Guyana Liza oil discovery as the region tracks diplomatic normalisation between the United States and Cuba. The 2015 hurricane season presents ongoing property risk considerations across the archipelago.
Caribbean investment momentum deepens as the region enters its peak summer season. Guyana’s Stabroek Block drilling programme approaches a critical juncture, Jamaica’s IMF programme continues to yield results, and tourism data points to a record year across the archipelago.
Caribbean spring investment momentum builds as T&T’s energy sector adapts to lower oil prices, Jamaica posts IMF programme milestones, and the Dominican Republic’s construction boom reshapes the resort-residential landscape.
2013 closes as a year of recovery and divergence for Caribbean property: the Dominican Republic booms, Trinidad & Tobago posts strong economic performance, Jamaica completes seven demanding months of IMF reform, and the hurricane season delivers its quietest outcome in years. The 2014 Caribbean investment outlook is broadly positive as the region enters the new year.
Caribbean Property & Investment Review surveys the region at year-end 2013: the holiday season is set to deliver the most commercially vital fortnight of the year, Jamaica’s IMF reform programme is demonstrating sustained credibility, Trinidad & Tobago’s economy is among the Caribbean’s strongest, the Dominican Republic is approaching a record tourism year, and the 2014 investment outlook is broadly positive.
Edition 158 assesses the Caribbean investment climate as Jamaica’s IMF programme gets underway, the Atlantic hurricane season opens on 1 June, T&T’s energy sector drives continued commercial property strength, and the Dominican Republic’s tourism machine sustains its record-setting pace.
Edition 159 marks a landmark moment: Jamaica signed its IMF Extended Fund Facility on 1 May 2013, within the coverage period. This edition analyses the EFF’s terms, its property market implications, and what the programme means for Caribbean investment confidence as the hurricane season approaches.
Edition 160 examines Caribbean spring investment in 2013 — the Dominican Republic’s construction boom accelerates, Grenada advances its CBI programme relaunch, and Jamaica’s IMF negotiations approach their final stages ahead of an anticipated programme conclusion in the coming weeks.
Edition 161 reports on Trinidad Carnival 2013 — which took place 11–12 February within the coverage period — its property and tourism market impact, the Caribbean’s spring tourism transition, and Jamaica’s intensifying IMF programme negotiations as the region enters its post-peak season.