Tag Archives: business

From Dominica – Jacoway Inn, Part 3

Overlooking the Gardens below from the top floor balcony.

Overlooking the Gardens below from the top floor balcony.

The Jacoway Inn, Dominica : Storming Back To Business, Part 3

The day before Cat 5 Hurricane Maria hit Dominica on the night of September 17th 2017, views from the lovely gardens of Jacoway Inn were somewhat restricted by the tall hedges of shrubs and trees, providing shade and privacy.

This changed overnight, and now eight months later the property boundaries of bright oranges, yellows and greens of tall crotons are regrown. Before long, overlooking the surrounding banana gardens and the few neighbouring homes will only be possible from the upper floors of the Inn.
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From Dominica : Jacoway Inn, part 2

Jacoway Inn Gazebo

The Gazebo

The Jacoway Inn, Dominica : Storming Back To Business, Part 2

Inland, behind the bayside village of Calibishie resides the main part of a very international community along the several spectacular ridges and valleys which lead down to the beach and bay. New, architecturally designed expensive homes are dotted along the ridge summits amongst banana gardens, grazing cattle, and borderless, family smallholdings, enjoying panoramic views to the village below and the Atlantic beyond.

Up here, the hurricane blasted trees take their time to grow new branches, but on the ground, good husbandry has ensured that all the massive, dead branches have been cleared away and recycled elsewhere. Continue reading

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From Dominica: Jacoway Inn, part 1

Red Rock beach at Calibishie

Red Rock beach at Calibishie

The Jacoway Inn, Dominica : Storming Back To Business

The deep blue Atlantic Ocean gleams under a hot Caribbean sun. The cool, sweet tradewinds blow a cleansing breeze into the beachfront mainstreet of Calibishie adding to the recuperative sense of regeneration found throughout the lower village and the surrounding community in the hills behind.

It is late May, and eight months after catastrophic Category 5 Hurricane Maria dealt a mighty blow to Dominica, and this northern seaside village of Calibishie seems to be showing the rest of the island how to ‘get over it’ and get back to the business!
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5 Costs of Doing Business in the Caribbean

5 Costs of Doing Business in the Caribbean

As we live in a truly global marketplace, it’s fairly common for business owners to at least contemplate branching out into a foreign nation.

The Caribbean is one of the most popular spots for US citizens looking to expand their commercial prospects as it’s nearby, the climate is great and some islands there even speak English as a first language.

There are, however, five principal additional expenses that you will need to consider when setting up your overseas business here so you can then budget properly and cover your costs in an easy manner.  Staffing and cost of hiring is a separate subject not covered here.

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Invest in Montserrat Five Good Reasons

Invest in Montserrat – Five Very Good Reasons

An Active Volcano
Yes! Monserrat has an active volcano! But this is’nt everything there is to know about modern Montserrat. There was a time and a life ‘before’ the volcano, but today daily life is about living and working side-by-side with this powerful potential of construction and destruction.

An internationally manned Observatory, which is well funded, ensures that the volcano is carefully monitored 24 hours a day.

The volcano itself, is still considered to be a danger to the southern part of Montserrat, but not to the northern half with its lush green hills, and beautiful bays.


It has been 18 years since the dormant volcano first roared into life with a huge event that buried the capital city of Plymouth in ash, known as the new Pompeii.

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When Two Business Entities Are Better Than One

Why TWO LLCS are better than one.

Most business owners know that they need to form either a corporation or LLC to protect themselves from the risks associated with running businesses in our modern world. Alas, most don’t think through the process to its logical end when evaluating these risks. As a result, they often don’t realize that they may need two, not one, business entities.

Let’s start with a simple question.

Why do you form a business entity? Yes, there can be tax reasons, but most form them to protect themselves from the risks associated with being in business. These risks include being sued for a ton of money or having creditors come after the company to collect debts. Business entities are great at creating a shield between you, the owner, and these debts. The question is whether that is enough. For many businesses, it is not.

So, what is the problem? The problem is most of your valuable and critical assets are actually owned by the corporation. This means they are exposed to the risks of running the business. Consider an example. I own a hosting company for websites. I incorporate it and business goes really well. Everyone knows “Chapo’s Hosting”. I have a trademark, logo and the whole nine yards. My servers get hacked in the first week of December and all the sites of my clients are down for the first 10 days of the month, the busiest on the web. I get sued for millions. While I am not going to be personally liable, I am going to lose all my servers, equipment, trademark and logo to the companies suing me. Once I lose all of those, it is just a matter of time till I can’t meet my personal bills and lose my home, car and so on. We are talking about a nightmare!

Many businesses use a double entity strategy to avoid this. They form one entity to deal with the public and a second one to hold all the valuable assets of the company. This second entity then leases the assets to the first entity. If the assets are put at risk, the leasing entity simply takes them back. The downside of this approach is your costs are all doubled since you have two entities, but the upside is you more or less eliminate the risk of losing everything.

About the Author

Richard A. Chapo is with SanDiegoBusinessLawFirm.com

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Introduction to Commercial Property

Commercial Property Investment in the Caribbean

We are all familiar with the concept of residential property investment, however, commercial property investment is something that most of us do not have much knowledge on. There are number of advantages to this form of investment, and it is performing a lot better than the stock market currently. Don’t be put off by the relatively high cost of commercial property as it is possible for syndicates to buy them now.

Commercial real estate investment has a number of advantages, so here’s an introduction to this topic so that you can keep this in mind when considering your next investment. Let’s start at the beginning…

What are commercial properties?
The following property types are defined as commercial property:

  • Office spaces
  • shopping malls and retail units
  • restaurants
  • warehouses
  • factories
  • any building that is used for commercial purposes including service stations, bakeries, breweries or gyms.

The financial benefits can be good, if you make a sound decision on what to buy, not only will you gain from the capital growth, you will also acquire a very profitable income stream. A return of between 8% and 20% per year.

What to choose
It’s best to choose a property that is in a location of high tenant demand and is in a good state of repair. Taking professional advice on this matter would not go amiss.

Leases for residential properties are usually available for just 6 or 12 months duration. A commercial property has a lease for a much longer period of time, that can be from 5 or even up to 10 or 20 years. A commercial building may take longer to rent out, but when it does you know that you are covered for that many years. Quite often the lease will be for an initial 5 years and then an option for another 5 years.

Less emotional and flexible sellers

Sellers of commercial buildings are not so prone to have emotional attachment to their warehouses or factories and will be more flexible on the sale. It could be that they even work out a finance package for you as the buyer.

Repairs are paid for by tenants
Yes, that’s right! The repairs and maintenance, within reason, are usually paid for by the tenants. Now that’s refreshing news for any landlord to hear.

Selection of tenants
When accepting a tenant, consider that ideally you would want a well established company that is unlikely to fold. You don’t want to end up with a property without income.

Commercial property currently available include this 4.6 acres of land with 57,000 sq foot of office and warehouse space on ther perimeter of Bridgetown, Barbados for 5.65million and a freehold shop for sale offering approx. 330 sq ft of retail space in a good location in Dominica for US$53k.

If you do your homework, all in all, commercial property investment can be a wise decision and can bring you a good return on your finances.

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French West Indies is in Europe

The French West Indies as a Part of Europe

Martinique, Guadeloupe and half of the island of St Martin are all classified as overseas départements of France, and hence part of Europe. This is good news for holders of European passports, as these islands are simply an extension of mainland France from an immigration point of view.

Martinique has an official language of French, uses the Euro as currency, and the local population are full citizens of France with full legal and political rights including holding a French passport. This is also the same for the local populations in both Guadeloupe and St Martin.

St Maarten/St Martin is an island that is half Dutch and half French, hence the two names. The French part is a part of Europe, whereas the Dutch part, Sint Maarten, is a part of the Netherlands Kingdom, but not classified as a part of Europe; this is the same for the other parts of the Netherlands Antilles, including Curacao, Aruba, Saba and Bonaire.

EU citizens can live and work in the 3 islands belonging to the French West Indies, as if they were in any part of Europe. Taxes will need to be paid and contributions towards social care.

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