St. Kitts Travel Information

Once a sugar producing country St. Kitts has now turned to tourism and providing offshore services to sustains the islands economy. The sugar industry was dismantled in the early 2000 and as a result many persons were out of jobs in the territory. St. Kitts and Nevis have become a popular spot in the Caribbean attracting visitors and retirees. For these reasons real estate has become a lucrative commodity in St. Kitts and Nevis. Investing in real estate on the island is very made easy through progressive policies and legislation.

The government of St. Kitts and Nevis has made it very simple to make real estate investments and gain citizenship of St. Kitts and Nevis at the same. One of the programs which the government has outlined for obtaining St. Kitts citizenship is through the purchase of real estate in the territory. The purchase made must not less than US$400,000. In addition to this amount there are registration fees of US$50,000 for the main applicant and dependents over 18 and US$25,000 for other dependents who apply for citizenship of St. Kitts and Nevis. Due Diligence and processing fees must be paid.Travel St. Kitts & Nevis

The other option for St. Kitts and Nevis citizenship is to make a donation towards the St. Kitts Sugar Industry Diversification Foundation (SIDF). There are options for single applicants as well as for applicants with up to six (6) dependents.

St. Kitts and Nevis is known as an offshore jurisdiction and tax haven. The country has a well development offshore financial centre which is dedicated to incorporating St. Kitts and Nevis offshore company or International Business Company (IBC), offshore banking, the formation of St. Kitts and Nevis exempt trust and multiform foundations among other offshore services. St. Kitts and Nevis is a tax haven and therefore offshore entities registered in the islands will pay no form of local taxation. Offshore business entities which conduct no business on the island are only obligated to play an annual license fee. St. Kitts and Nevis company and other offshore business entities are legal and are recognized around the world.

St. Kitts and Nevis are great islands to visit, do business in and reside. The islands are very peaceful and beautiful. The economy of St. Kitts and Nevis is one of the best in the Caribbean.

 
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