from: Wall Street Journal

“In a bid to feed the growing appetite for second homes among U.S. residents, a number of major developers are building luxury projects on far-flung Caribbean islands. Americans have been buying vacation or retirement places for years on well-known Caribbean islands like St. Thomas, Barbados and St. Croix. But the latest wave of building involves real estate that doesn’t register on most people’s radar – islands with names like Great Exuma, Roatan and Scrub -and is geared toward everyone from small-time investors looking for a bargain to wealthy executives seeking a tax haven.”