St Kitts and Nevis

St. Kitts and Nevis, also known in the country's constitution as Saint Christopher and Nevis, has been independent since 1983 and forms part of the group of islands known as the Lesser Antilles located some 2,000 km to the southeast of Miami. The federation comprises two islands: Nevis (with an area of some 93.2 km²) and St. Kitts (with 168.4 km²). The official and business language is English. The federation is a member of the British Commonwealth, CARICOM, the Organization of American States, and many other international organizations. The Eastern Caribbean Central Bank has its headquarters on St. Kitts and maintains the stability of the Eastern Caribbean Dollar (ECD), the national currency of most Eastern Caribbean countries, which is tied to the USA dollar. The head of state is the Queen of England, as St. Kitts and Nevis is a well-functioning democracy based on the British parliamentary system.

The St. Kitts & Nevis Citizenship by investment program is based on the statute which means the granted citizenship may not be revoked regardless any changes of governmental officers or amendments to the citizenship legislation. The legal basis regarding citizenship-by-investment is contained in Part II, § 3 (5) of the Citizenship Act, 1984 and the Saint Christopher and Nevis Citizenship-by-Investment Regulations, 2011.

St Kitts and Nevis is called a tax haven for a reason. It doesn’t have income, gift and inheritance taxes for individuals. It also has profitable VAT on some goods and services, for example, a 10% VAT on hotel accommodations and restaurants.

As for the property tax in St Kitts and Nevis, it can be as low as 0.1%.