New Legislation to Regulate Saint Lucia’s Real Estate Sector

A new piece of legislation has been introduced aimed at establishing comprehensive guidelines for the real estate sector. The Realtors Association has expressed its approval of this proposed legal framework, viewing it as a necessary step to regulate the subsector more effectively. This development comes in response to growing concerns about the issues of fraud within the real estate subsector. The proposed bill was the topic of a panel discussion hosted by the Commerce Ministry on Tuesday.