With beautiful beaches, magnificent mountains, tropical temperatures and more, St Kitts and Nevis has a great reputation as a holiday hotspot. Not only are more people visiting to kick back and relax, but it’s also becoming widely known for its real estate market. This is prompting more investors from around the world to jump on the hype.
We look at what makes the country’s property sector so popular, and offer guidance for those looking to invest in St Kitts and Nevis real estate themselves.
Pre-2010s, St Kitts and Nevis’s property market was largely defined by its range of three-star and four-star hotels. However, over the last couple of decades, the country’s government has made a concerted effort to revitalise the real estate industry.
Now, the country is home to various five-star resorts, such as Belle Mont Farm and Park Hyatt, in addition to an array of luxurious beachfront villas, yacht marinas, eco-resorts, and more. As well as tourist accommodation, St Kitts and Nevis’s real estate sector also boasts everything from high-class residential properties (including cottages, mansions and farmhouses) to extremely profitable commercial properties like bars, restaurants and offices.
Among the main benefits of investing in St Kitts and Nevis real estate are:
Investors have two options when buying property in St Kitts and Nevis: by obtaining an Alien Landholding License (ALHL), or doing so via the country’s Citizenship by Investment programme.
To purchase a property via the St Kitts and Nevis Citizenship by Investment programme, applicants need to:
It’s important to note that investors are required to hold property bought through the Citizenship by Investment programme for at least seven years.
In addition, maintenance is handled on the applicant’s behalf if they buy a government-approved project property — otherwise, they’ll have to hire someone to carry this out for them.
Purchasing a property via St Kitts and Nevis’s Citizenship by Investment programme offers various benefits for buyers, including:
CS Global Partners assists those who want to obtain St Kitts and Nevis citizenship, offering them guidance and help required to make a successful application. Once our clients have received this, we then ensure they apply for and receive St Kitts and Nevis passports should they wish to.