Saturday, October 23, 2010

Indian Billionaires are Buying Caribbean Islands

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Indian Billionaires are Buying Caribbean Islands

The Indian Billionaires are now diverted towards the Caribbean islands. After private jets, yachts and luxurious holiday homes, the Indians are now interested in investing in Caribbean islands.

Islands come as cheap as $2-3 million (Rs 9-13 crore) to as steep as Lisbon Island, which is believed to be the most expensive island property, at around $350 million (approximately Rs 1,550 crore).
Other expensive islands on the block include Rangyai Island ( Thailand) for $160 million (Rs 710 crore) and Cave Cay (Bahamas) for $110 million (Rs 488 crore).

This shows that, now the Indian billionaires are investing their money in the global assets. An Island is the asset which can appreciate in the future and give the excellent returns.

And if not the returns, the private islands can definitely increase the status lifestyle of the Indian Billionaires.

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