Buy Property in St Kitts & Nevis
Please take into consideration the following items as you are searching for the perfect property. You are making an international purchase and our laws and rules probably vary from your home country.
Current government policy limits the amount that can be purchased to one-half acre per person. There are exceptions: existing homes that are more than one-half acre and subdivisions with plots of more than one-half acre.
A foreigner is required to have an Alien Landholder's License to own property in the Federation of St. Kitts and Nevis. The process takes about three months for approval. Our qualified agents will guide you through this process.
ST KITTS AND NEVIS
Part of a twin Island Federation, St. Kitts, also known as St. Christopher, has a land area of approximately 68 square miles and a population of roughly 36,000. Nevis is 36 square miles in area and is circled by a main road that is 21 miles long.There is no personal Income Tax, Capital Gains Tax or Inheritance Tax. Annual Property House Tax ranges from US$800 to US$2,000 per annum. The EC$ is tied to the US$ at a fixed rate of EC$2.70 to US$1.00. You can also have foreign currency accounts at most of the banks, this keeps your funds outside foreign currency controls.
Economic Citizenship Program - Purchasers can qualify for citizenship in St Kitts and Nevis by virtue of investing a minimum of US$400,000 in the Federation in certain areas that are located in an "approved investment project". The cost to obtain St. Kitts-Nevis passports are $35,000 for one spouse, $15,000 for the second spouse, and $15,000 for each other dependent.