WHAT WE OFFER

There are several factors which will allow St. Vincent and the Grenadines to make tourism development a viable investment option:

• St. Vincent and the Grenadines has a multi-faceted tourism product which covers sailing, eco-tourism, proposed sports and business tourism, and private island resort development

• St. Vincent and the Grenadines’ tourism product will target high end, luxury development rather than mass tourism

• SVG offers a relatively crime free environment; which is a major consideration for investors and tourists

• The performance of St. Vincent and the Grenadines’ tourism sector has exceeded the Eastern Caribbean Currency Union (ECCU) average in recent years

• The establishment of the St. Vincent and the Grenadines Tourism Authority (SVGTA) and the National Parks, Rivers and Beaches Authority will ensure the proper management of the national tourism product. Implementation of these measures also enhances competitiveness of the sector

CRUISE TOURISM

A modern cruise and ferry complex at Port Kingstown, including deep-water berths and cruise terminal, may accommodate two vessels – while the adjacent ferry terminal has four berths with ro-ro ramps for inter-island vessels. The cruise visitors and visitors from private yachts are considered a vital part of the tourism industry. Port Kingstown continues to be the main port of entry, followed by Union Island and Bequia in the Grenadines.

UPMARKET TOURISM

The further diversification of the tourism industry into upscale and niche markets has led to investment opportunities such as marinas and a professional golf course. Incentives are now being offered to hotel developers interested in facilities in excess of 100 rooms. This sort of development is actively being encouraged in light of the operational completion of the Argyle International Airport, and the exotic appeal of the Grenadine islands.

SPORTS TOURISM

St. Vincent and the Grenadines is an ideal location for Sports Tourism to develop, as the tranquility of the islands contributes toward reducing external distractions – as might be prevalent in other locations. In 2013, St. Vincent and the Grenadines hosted a number of International and First Class Matches during the West Indies regional cricket season at the Arnos Vale Playing Field – which in the past has been judged to be the ‘Third Most Picturesque Grounds In The World’. More recently, the Arnos Vale Playing Field was ranked among the ‘Top 20 Cricket Grounds in the World’. Additionally, the capacity for Sports Tourism will be further enhanced by the expected increase in hotel accommodation.

YACHTING

Within the Marine Tourism sector, yachting has been identified as having the strongest potential for tourism development. The Marine Tourism Policy outlines that “Yachting has unlimited potential for growth based on the country’s well endowed natural resource base, numerous offshore cays, good anchorages, extensive reef, and clear waters for sailing and SCUBA diving”.

ONLINE GAMBLING

Saint Vincent and the Grenadines has joined with CARICOM (Caribbean Community) to support the regulation of online gambling, as opposed to the outright banning of such.