St. Kitts Stunning Villa
USD 3,800,550
St. Kitts and Nevis
Property Type: Villa
Bedrooms: 4
Total Area: 654m²
St. Kitts and Nevis is a dual-island Caribbean destination offering pristine beaches and tropical landscapes. Its culture is diverse, with African, British, Carib, and French influences. It is an attractive location for owning a second home in the Caribbean, enjoying good air links to Europe and North America.
Everything you need to know about acquiring premium real estate in St. Kitts and Nevis and linked to the St. Kitts and Nevis Citizenship by Investment Program.
Minimum seven years
USD 325,000
Sole ownership
2–5%
Price
Currency
Total Properties 3
EUR 3,545,600
USD 3,800,550
GBP 2,999,300
St. Kitts and Nevis
Property Type: Villa
Bedrooms: 4
Total Area: 654m²
EUR 1,305,600
USD 1,490,000
GBP 1,100,600
St. Kitts and Nevis
Property Type: Villa
Bedrooms: 3
Total Area: 166m²
EUR 365,000
USD 400,000
GBP 315,000
St. Kitts and Nevis
Property Type: Villa
Bedrooms: 3
Total Area: 334.45m²
No rental properties available
Over the recent years, the real estate market trend in St. Kitts and Nevis has been driven by development projects and real estate sales linked to the St. Kitts and Nevis Citizenship by Investment (CBI) Program. The CBI program has upgraded its real estate offerings and now offers high-quality luxury homes, beachfront apartments, and hotel suites to investors. Some other factors that could be attributed to the flourishing real estate sector include the relative ease of ownership of property in the nation, the generally great value for the price of property as opposed to other countries in the region, and the highly attractive tax incentives. In particular, freedom from income tax, capital gains tax, inheritance tax, and gift tax have positively impacted the real estate sector. In addition, the growing tourism sector provides income-generating potential for property owners who chose to offer their homes up for rental.
Moreover, there are direct international flights to St. Kitts from the USA and the UK, and flights to Nevis via San Juan (Puerto Rico) or St. Maarten, allowing international investors to enjoy world class resorts, golf courses, restaurants, and spas all-year round.
Clients who are keen to proceed with the citizenship path should ensure that the selected property is a government-approved CBI project. If not, they should acquire an alien landholding license before purchasing the desired property. It is always advisable to obtain legal real estate representation, and it is strongly recommended that the clients visit the island where possible.
There are no restrictions provided that the foreign buyers acquire pre-approved property or apply for an alien landholding license before buying property. Additionally, there no restrictions for property located in Frigate Bay. However, an alien landholding license is required for property located in other areas.
Immovable property in the country can be acquired through citizenship by investment or through private sales.
No, the applicant does not have to open an account to purchase property.
Legal fees are around 1–2% of the purchase price, while property taxes are 0.002% per year. Also, escrow agent fees apply, which are generally charged at 1% of the purchase price.
Rental returns may vary. Some examples are given below:
There is zero income tax on the island.
Property taxes are charged per annum by the government. The residential property is charged at 0.2% of its value, and commercial property is 0.3% per year.
Henley & Partners assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation.
Have one of our qualified advisors contact you today.
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