How long does it take to purchase private islands?
Purchasing private islands and private beaches takes between 3 and 12 months typically. The duration depends on the following factors.
Type of Investment
Simple purchase of beaches and land areas is normally done with simpler corporate structures and involving less land titles, making the process quicker. Whole, and multi island investments require more complicated corporate structures, have a lot more sellers involved, sometimes require multiple contracts and generally take longer to complete.
Purchase Conditions
Onerous conditions put on contracts (by either the buyer or seller) will typically slow things down, especially when conditions are out of the stakeholders direct control.
The Type and Location of the sellers
When purchasing private island investments from companies there will be additional considerations whereby shareholders may have to vote on any contracts or clauses, which can slow down the process. Sellers not resident in the country of the development also tend to extend the buying process.
Further information on the investment process, transaction costs and corporate establishment processes can be found below.
- Corporate Establishment for private island purchasing
- Private island investment process
- Private island purchasing costs
Check out the video below for a deep dive into private island investment due diligence.