Nevis Style Realty

ST. KITTS REAL ESTATE

St. Kitts and Nevis 

Deserted beaches, dormant volcanoes, and the legacy of a once-thriving sugar industry define the landscapes of St Kitts and Nevis. Separated by just two miles of sea known as The Narrows, the sister islands share a government and typical Caribbean obsession with all things cricket – but otherwise are entirely different jewels.

St Kitts is the larger and livelier of the two, evident in everything from the touristic Port Zante in the capital Basseterre where cruise ship passengers’ eye up t-shirts and duty free, to the pumping party strip and high-end glitzy resorts of Frigate Bay.

Nevis is more relaxed, more easy-going, and ultimately more charming. Its capital Charlestown has both Georgian and gingerbread stylings, and luxury hotels are tucked away in former plantation houses that have an easy elegance about them. There are no traffic lights, no fast-food chains, and no touts bearing unwanted sunglasses and souvenirs.

Despite being the smallest sovereign state in the Americas, St Kitts and Nevis have a wealth of hidden gems. Long stretches of undeveloped coastline, jungle trails that wend their way past creepers and soaring trees to crumbling ruins of sugar mills, and world-class golf courses beckoning players onto their greens dotted dramatically with palm and flamboyant trees.

 

Lifestyle

St. Kitts is the larger of the two and one which sees more tourist arrivals due to the international airport and cruise ship terminal. St Kitts has more laid-on activities than quieter, calmer Nevis. On St Kitts there's the scenic railway that wraps itself around the stunning coastline, a zip-line for thrill-seekers, helicopter tours, flyboarding, hoverboarding, powered paragliding – basically, it's possible to see the island from any angle but below (unless you count scuba diving). Mount Liamuiga (formerly called, rather wonderfully, Mount Misery) looms large on the skyline, providing a serious challenge for outdoor enthusiasts.

Nevis is rather more about finding a private corner of a secluded beach, snorkeling in the shallows, using ropes and roots to clamber along jungle paths, and idling from one stunning view to the next. There are programs that anyone can join to help tag and monitor the nesting sea turtle population, and horses to be ridden along beaches at sunset.

Both St. Kitts and Nevis have a wide variety of restaurants to choose from, and it's easy to hop on a water taxi and speed off across the waters to take advantage of the sister island's options. There's everything from local eateries offering traditional goat water, plantain and breadfruit creations to the effortlessly glamorous Salt Plage on St Kitts, and Nevis' Passions Restaurant that is consistently lauded as some of the best West Indian food diners have tried.

Annually, there's the Sugar Mas and Culturama festivals, the St Kitts Music Festival, an international triathlon and the famous Easter swim across The Narrows; the Booby Island Regatta, a Latin Festival – and even a Mango and Food Festival.

 

Resources

The Federation of St Kitts and Nevis provides a perfect environment for business and investment. With a high literacy rate (98%), broadband internet, and tax credits and incentives, it is an attractive prospect for foreign investors.

A stable democracy based on the British parliamentary system; the federation uses the Eastern Caribbean Dollar (which is tied to the US dollar) and boasts St Kitts as the location of the Eastern Caribbean Central Bank's headquarters.

To enhance their appeal to foreign investors the Government has introduced extensive legislation to entice financial services businesses to the islands. The repatriation of profits is guaranteed, and concessions are offered on import duties.

Neither personal income tax nor capital gains tax are collected within the Federation; there are also no inheritance, net wealth, or gift taxes to contend with. Moreover, certain tax holidays are available for corporation tax, and international tax and estate planning vehicles including trusts, foundations, IBCs, LLPs, LLCs and captive insurance companies, thereby ensuring the longevity of international investment.

 

 

Citizenship by Investment

St Kitts and Nevis launched the world's first Citizenship by Investment program in 1984 and has been the platinum standard ever since. All the CBI programs in the Caribbean are closely modelled on the Federation's successful scheme that has been refined and perfected over the decades. It is simple, accessible, and efficient. Comprehensive details can be found here.

The first option is to contribute to the Sustainable Growth Fund (SGF). A single applicant needs to give a non-refundable contribution of US$150,000. An applicant with up to three family members (that is, one spouse and two children) must give US$195,000; additional member of the family cost US$10,000 each. Unmarried dependents who are between 18 and 25 years old can be included for an additional $50,000 per individual. All government fees are included except due diligence fees of $7,500 for the main applicant and $4,000 for each dependent over 16 years.

The second option is to invest in real estate on St. Kitts and Nevis. An approved property with a value of at least US$200,000 per share or US$400,000 for a home, condominium or land can be purchased, in addition to which fees of US$35,00 are added for the main applicant, $20,050 for the spouse and US$10,050 for children no matter their age a child under the age of 18, and $50,047 for all qualified dependents of the main applicant.

Additional fees include the Government Assurance Fund at 0.2% of the purchase price; a licensed surveyor generated survey costing approximately US$1,000; legal fees coming to around 1.5%-2.5% of the purchase price.

The benefits of having citizenship of St Kitts and Nevis are manifold. Dual citizenship is permitted and there is no need to reside within the Federation; readily renewable passports are issued; access is given to visa-free travel to more than 60 countries worldwide including the Schengen Zone countries; tax-free status on foreign income, capital gains, gift, wealth and inheritance tax – and as a citizen of the Commonwealth, preferential treatment is given in the UK. The benefits of the program are evident in the year-on-year increase in passports being issued: in 2005, six were issued and in 2015, there were 2,296 issued. It is a phenomenally successful, popular and valuable program, and with everything from chic beachside apartments to unique converted sugar mills and luxurious Caribbean hideaways with jaw-dropping infinity pools, investing in real estate offers a collection of magical memories as an unofficial reward.

 

St. Kitts Real Estate

Homes for sale in St. Kitts includes condominiums in the popular area of Frigate Bay, beachfront villas at Christophe Harbour and luxury Caribbean homes in Turtle Bay. There are also mountainside parcels, residential lots and beachfront land for sale.

Our experienced sales staff are eager to guide you on your journey to buying your dream home on island of St. Kitts. Contact us today!



FEATURED REAL ESTATE PROPERTIES IN ST. KITTS




St. Kitts and Nevis Real Estate Sales

Buying real estate on St Kitts or Nevis may be an astute investment, a lifestyle choice, or the culmination of a lifelong dream. Whatever your motivation, Nevis Style Realty will find the perfect property for you. In addition to our purchasing and listing services, our real estate expertise ensure that all legal aspects of buying, selling or renting homes are covered. Furthermore, we offer property management, holiday rentals, and car rental services with our sister company, Nevis Auto Rental Ltd.

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