Can foreigners buy property in St Kitts?

2020-01-15 by No Comments

Can foreigners buy property in St Kitts?

Buying Process, Fees & Taxes Yes, foreigners can buy property in St Kitts & Nevis and the Government of St Kitts & Nevis welcomes investment from overseas buyers.

How much does a house in St Kitts cost?

St Kitts & Nevis property fully serviced lots cost from US$80,000 to US$250,000 depending on the size and location. Construction costs vary. US$110 per square foot of roofed area depending on location, design and quality of finish. A 2,000 square foot house takes about 10 months to build.

Why is St Kitts so expensive?

It is more expensive to live in St Kitts and Nevis than in most of the Caribbean islands due to the fact that the country has to import many of its products. However, the favorable tax system makes up for the extra spendings.

Can you buy property in St Kitts?

There are two ways to buy St Kitts and Nevis real estate as a foreigner: Apply for the Alien Landholding Licence – required for all non-nationals wishing to buy property. Buy property as a single applicant, where an investment of at least $400,000 needs to be made. You can only resell the property after 5 years.

Can you own property in St Kitts?

St Kitts and Nevis property prices Citizenship by Investment (CBI) investors can choose to purchase real estate properties approved by the government. The properties can be bought individually (minimum $400,000) or in joint ownership (minimum $200,000).

Is healthcare free in St Kitts?

Primary healthcare services in the country can be accessed at 11 health centers in Saint Kitts and 6 in Nevis. Services offered, free of charge at the point of delivery for local citizens, including maternal and child health, chronic disease management, and general medical care services.

How safe is St Kitts?

St Kitts, and especially Nevis, are by and large safe and welcoming and most visits are trouble-free. Theft is a possibility, so safeguard your valuables. Violent crimes are rare and almost never directed toward tourists.

How much does land cost in St Kitts?

Fully serviced real estate land lots in St. Kitts start from US$80,000, depending on the size and location. Real estate construction costs vary. US$150 per square foot of roofed area depending on location, design and quality of finish.

How much money should I take to St Kitts Nevis?

You should plan to spend around EC$671 ($248) per day on your vacation in Saint Kitts and Nevis, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, EC$104 ($38) on meals for one day and EC$114 ($42) on local transportation.

Does Nevis have a hospital?

The Alexandra Hospital is the main medical facility in Nevis and is equipped with an x-ray machine and CT scanner in addition to general medical and surgical wards. The hospital is located on the outskirts of Charlestown, which is the main urban area on Nevis and has a population of 1,500.

Are there any St Kitts and Nevis properties for sale?

Unique Living has extended its international offering of luxury property for sale across St Kitts and Nevis. The portfolio shown here is just a taste of the properties that we plan to offer our clients.

Who is the owner of St Kitts real estate?

St. Kitts Realty was started in 1994 by Ricky Pereira, and is a fully licensed Real Estate company in the federation of St. Kitts and Nevis. Ricky grew up on St. Kitts, and his family has been there for over 5 generation. He started his career as a commercial pilot, but his love for architecture and design led him into Real Estate and Development.

Where is the best place to live in St Kitts?

Located in the middle of a quiet cul-de-sac at Vistas Development at Frigate Bay, St. Kitts, this lot boasts stunning views of Frigate Bay and the South Eastern… More Info Situated in the Parish of St. Paul, Kittitian Hill offers the vacationer/investor the unique opportunity to reside at the islands premiere sustainable development.

Where does Ricky from St Kitts live now?

Ricky grew up on St. Kitts, and his family has been there for over 5 generation. He started his career as a commercial pilot, but his love for architecture and design led him into Real Estate and Development. He designed and built the first home at Turtle Beach on the South East Peninsula, and has designed and built 8 Villas since.