St Kitts Nevis has recently become Caribbean’s most luxurious and popular destinations. The St Kitts Citizenship by Investment Program is the oldest established in 1984, offering investors an opportunity to apply for citizenship and passport against a minimum real estate investment of $400,000 or more in resorts, hotels, vacation homes and luxury villas. Real estate can only be sold after 5 years of purchase, if you want citizenship.
St Kitts and Nevis a paradise of beautiful sandy beaches with blue tropical waters, reefs, and cool climate enjoyable throughout the year. St. Kitts is a legitimate tax haven, and doesn’t impose income tax, capital gains tax, wealth tax or inheritance tax. St Kitts has direct flight connections to Atlanta, New york, Toronto, Paris, Barcelona and London.
The real estate market in Saint Kitts and Nevis has risen significantly in the island because of more arrival of visitors and new flights to the islands and also because of new real estate developments such as 5 star Park Hyatt hotel, Aman resort, Hilton, Mariott and Four seasons resort in Nevis contributing to the boom. It is possible to buy a fractional limited share in various real estate properties with minimum $400,000 and qualify for citizenship. Over 70% of the real estate sales are linked to the citizenship by investment program. In St Kitts the rental yields range from 4.9% to 5.3% as holiday occupancy rates are very high in summer peaking $2000 a week. The price of 1.5 bedroom condos and houses starts from $420,000, 3 bedroom condo houses $750,000 averaging $3020 per sq.m. Developers oversee rental management and income from rental usually cover all the maintenance costs and insurance tax of property and not passed to investor. To book a property, usually 10% of deposit is required. Applying for citizenship is not a requirement when you purchase a property, however if you decide to apply for citizenship, you are required to pay $50,000 government fee and $7500 due diligence fee per person. You will pay full amount for real estate, only after receiving approval for citizenship from the Government to the developer through the authorized agent.
Many wealthy families, also prefer to take second citizenship from St Kitts and Nevis, when purchasing a holiday or vacation home. The St Kitts passport is recognized in over 132 countries in the world, with greater travel freedom to visit Europe, United Kingdom, Singapore, Hong Kong without visa. Citizens of St Kitts and Nevis are automatically entitled to a passport. The St Kitts passport is ranked as 32nd best passport in the world, with visa free travel freedom to 132 countries in the world, according to a survey by Henley and Partners in 2016.
The following are the real estate developments approved by Citizenship by Investment Unit (CIU) of St Kitts Nevis government qualifying for citizenship.
1. Marriott Residences St Kitts
The Marriott Residences are in a prime beachfront location within the 37-acre St. Kitts Marriott Resort with the advantages of a second home with the amenities and personal service of a luxury resort. The St. Kitts Marriott Resort is in a prime beachfront location in the most popular part of the island known as Frigate Bay in the south east. Owners of marriott residence have access to resort amenities such as royal casino, pool, tennis courts, fitness centre, business center, lounge and restaurants.
Prices start from $465,000 onwards
2. Koi Resort & Residences
Koi Resort & Residences 15-acres of beachfront property, with luxury residences, suites and villas over stunning views of lush vegetation, white sandy beaches, and deep blue sea . Located on 14-acres of pristine beachfront property, the resort is conveniently located just 7 minutes away from the St. Kitts & Nevis International Airport and 10 minutes to the downtown capital city of Basseterre.
3. Kittitian Hill
Kittitian hill is set on a stunning hillside site of 160 hectares (400 acres), a 5 star luxury resort with charming private Guesthouses, 1 & 2 bedroom Suites/Apartments and beautiful Villas, with breathtaking views of the Caribbean Sea and rainforest , with an 18 hole championship golf course, tennis, pools, a luxury wellness centre and more, all based on sustainable principles for arts & culture, economy, society and the environment.
Prices start from US$405,000 – Freehold and Shared ownership.
4. Four Seasons Resort Estates
Four season resort is an exclusive, luxury five-star resort at pinney’s beach, Nevis with complete range of facilities such as tennis courts, water sports, gym and spa, golf course, restaurants and much more. Our 1/10th villa shares are valued at $400,000 (excluding fees), which allows full family to qualify for citizenship of St Kitts & Nevis. Each share also gives you five weeks personal use of the villa every year.
Prices start from $400,000
5. Park Hyatt, St Kitts
Park Hyatt is a ultra-luxury 5 star resort hotel in Banana bay, by Range developments, with world class amenities such as superyacht marina, golf course, and exclusive beach clubset on the picturesque landscape of Banana Bay and within the 2,500-acre Christophe Harbour resort community. The share may be sold to a subsequent investor after 5 years, who may also apply for and benefit from citizenship, using the same investment instrument.
Prices start from $430,000 (limited partnership share in Park Hyatt)
6. Windswept Residency Club
Caribbean luxury living on 2,500 acres of unspoilt landscape in St Kitts at christophie harbour. Custom home sites from $700,000 USD, Luxury residences from $3 million USD, Ocean Grove villas from $865,000 USD, or fractional ownership at Windswept Residence Club from $450,000 USD. Freehold ownership marina berths from $1.5 million USD. All stamp taxes, land tax, and property insurance extra
7. Tamarind Cove Residences
Tamarind Cove offers a luxurious lifestyle in shelter bay, Nevis. Each of the one- to three- bedroom units features spacious living with superb waterfront views from private verandas. The Private Residences will be sold along with fractional ownership of yacht slips.
$400,000 onwards
8. Pelican Bay – Embassy Suites by Hilton
Embassy Suites by Hilton St. Kitts is a 226 room luxurious oasis of condominiums and amenities with panoramic ocean views and lush landscapes.
$445,000 onwards
9. Hillsboro Sunset Suites
10. Beacon Heights
Beacon Heights Development is a residential and commercial development initiative by the St. Kitts and Nevis Social Security Board. Homes exclusively designed for your ultimate comfort in a tranquil, serene atmosphere with spectacular, panoramic view of the Caribbean Sea. Beacon Heights is an approved project of the Citizenship by Investment Programme of the Federation of St. Kitts and Nevis established in 1984.
Starts from $400,000
11. Butlers Estate Resort Residences
Butlers estate is a first class property development will be built on 98 acres of prime coastal land and will comprise exclusive condominium suites, townhomes and villas stunning ocean views.
$400,000 onwards
12. Sundance Ridge
The development 15 luxury villas built over 15 acres of land. Each of 15 villas in the development enjoy expansive views of the sea, the neighboring island of Nevis and the hills of St. Kitts. Each villa includes a private pool and ample exterior verandas.
Please inquire for price.
13. Cliff Dwellers
Villas and condominiums over 11 acres of spectacular waterfront over Nevis. 2 bedroom and 4 bedroom houses are available for sale. The developer provides maintenance and management services to make home ownership as carefree as possible.
$400,000 fractional share price.
14. Fishermans Cabanas
5 Star Hotel & Resort development with 87 hotel rooms and suite located on the west coast with beautiful views of sea over Caribbean sea.
$400,000 onwards
15. Golden rise villas
The Golden Rise Villas and Spa Development is located in the verdant foothills of Nevis Peak, in the historical and exclusive area of Golden Rock Estate, Gingerland, Nevis, overlooking the historical and world famous Golden Rock Plantation Inn. 6 three bedroom villas and an ultra-modern Spa and would be perched on the highest point with unobstructed views from top of the mountain. Investors can opt for rentals managed by a management company and would allow the owners to obtain an income from their property when not occupied .
$400,000 (1/10th of fractional share)
16. University Gardens
University Gardens offers 56 fully furnished housing units with an infinity pool, pool house and a full size tennis court. Located in West Farm, the development is nestled on two acres on the tropical island, and offers views of the pristine Caribbean Sea at its south, and the lush green of the island’s mountain ridge in the north.
17. The Hamilton Beach villas & spa
Located 6 Acres of prime beach front property in Nevis, with glorious views of the Caribbean Sea. The villas are comprised of one bedroom, two bedroom and four bedroom for luxury living tropical escape.
$400,000 onwards
18. Hermitage Hotel
Hotel in Nevis, for a perfect vacation with rooms and cottages are scattered over three acres. The Economic Citizenship Programme entitles anyone who invests in the Hermitage Plantation Inn to qualify for citizenship in Nevis.
$400,000 onwards
19. Ocean Grove Villas
Collection of bunglow villas at backdrop of Sandy Bank Bay, Christophie Harbour, St Kitts Nevis. Each whole ownership villa has 2 ensuite bedrooms, generous outdoor living space, and a choice of furnishing options.
Prices start from $925,000 (whole ownership)
20. Golden Rock Commercial Park
Golden Rock Commercial Park is located about 500m from airport terminal just east of the Robert L Bradshaw International Airport. This business park will consist of five (5) buildings of corporate buildings, supermarket, meeting rooms, restaurant, food court etc. Investors can purchase either residential or commercial unit in any of the over 200 units in the development. A total of 261 units have been planned for sale, 133 commercial and 128 residential units.
Prices start from $415,000
21. Rendezvous Hill Residences
40 unit prestigious one bedroom condominium development, all capturing the stunning views of the Atlantic Ocean, Caribbean Sea and The Royal St. Kitts Golf Course in one breathtaking glance. All units offer lavish fixtures and furnishings uniquely pairing traditional Caribbean décor on close proximity with beaches, restaurants and shops.
$400,000 onwards
22. Oceans Edge
A unique luxury resort nestled on 40 pristine acres with poolside, beachfront and hill side apartments in St Kitts. 15 units of apartments spread over three floors, all with generous outdoor terraces, offering stunning views.
$400,000 onwards
23. Paradise Palms
Private residences on the beautiful island of Nevis with elegant homes and exclusive amenities. Paradise Palms is situated on 35 acres of a gently sloping former coconut plantation, and has some of the most breathtaking views on Nevis. Rentals can be arranged with the developer for the full 5-year period; in turn the developer pays all of your management fees and costs, including insurance and property tax, and pays you a 50% share of the profits earned from the rental of your property. Buyers are entitled to four weeks use during the months of August and September.
$400,000 onwards
24. Pirates Nest
The Pirate’s Nest is an exquisite project developed by T-Loft. The Pirate’s Nest is located in Frigate Bay of Basseterre, the capital of St. Kitts and Nevis with an area of 311,550 square feet, overlooking the Caribbean Sea. 34 blocks 282 suites are planned to be developed with surrounding facilities such as business clubs, leisure centers, gyms, canteens, tennis courts and other facilities.
$400,000 onwards
25. Royal St Kitts Hotel & Casino
The Royal St. Kitts Hotel, a family-run business, formally known as Jack Tar Village, was the first major hotel on the island of St. Kitts and has been in business since 1983. he hotel offers a resort style layout with approximately 30 two-story buildings strategically built on 18 acres of lush land and a private lake with scenic views of the beautiful Royal St. Kitts Golf Course. This hotel is approved for economic citizenship by St Kitts government.
$400,000 onwards
The map of St kitts and nevis will help you with the real estate locations.
