Real estate in St. Kitts & Nevis

All countries

Byer's guide

  • Who can buy a property in St Kitts and Nevis

    Citizens and residents of the country can freely buy real estate in Saint Kitts and Nevis. Foreigners need to purchase a Land Holding Licence. The cost of the licence is 10% of the land plot price.

    Foreigners who purchase real estate under Saint Kitts and Nevis citizenship programs are exempt from purchasing a licence.

  • Property costs by region of St Kitts and Nevis

    The real estate market in Saint Kitts and Nevis is growing at the expense of resort properties. The opening of world‑renowned hotels on the islands has led to a price increase for both commercial and residential real estate.

    The real estate costs per 1 m² in Saint Kitts and Nevis vary from $3,500 to $8,000. Property prices depend on the location and property type:

    • apartment sized at least 80 m² will cost from $400,000;

    • cottage with two or three rooms — from $600,000;

    • villas sized 200—400 m² — from $1,000,000;

    • luxury coastal front-row houses — from $3,000,000.

  • Property purchase procedure in St Kitts and Nevis

    Real estate in Saint Kitts and Nevis can be selected remotely: Immigrant Invest has a database of verified properties. The parties conclude a preliminary purchase and sale agreement: the buyer pays a deposit of 10% of the object’s value. This is necessary to withdraw the property from sale.

    The next stage is the purchase of a land ownership licence. The licence is purchased only by those foreigners who don’t participate in St Kitts and Nevis citizenship program. Then the parties sign the main purchase and sale agreement in the presence of a notary. A certificate of ownership is obtained in the state registry of the country. The property purchase process takes about a week.

    Read the article

  • Property purchase taxes in St Kitts and Nevis

    When buying real estate, foreigners also buy a land ownership licence — 10% of the property value — and pay property tax. It consists of two parts: the land tax and the building tax. The rates depend on the property type and the island. The highest prices are for commercial real estate and housing land on the island of Nevis.

    Agricultural, educational and institutional properties on the island of Saint Kitts are exempt from property taxes.

    Read the article

  • Citizenship of St Kitts and Nevis by the purchase of a real estate

    Saint Kitts and Nevis has a government citizenship program for investors. One of the options is purchasing real estate. An investor can buy a property worth:

    • minimum of $250,000 — a share in a social or infrastructure project;

    • minimum of $400,000 — a share of, or the entire real estate in a project approved by the government for participation in the program;

    • minimum of $800,000 — a single-family private dwelling designated as an Approved Private Home.

    Investments in real estate should be held for 7 years, then the real estate is allowed to be sold.

    Read the article

Last chance to invest $25,000 less in St Kitts and Nevis citizenship

May 24, 2023

Last chance to invest $25,000 less in St Kitts and Nevis citizenship

December 27, 2022

$25,000 off a Saint Kitts and Nevis passport and other changes to the citizenship program in 2023

February 22, 2022

Saint Kitts and Nevis has added an option for investors with a benefit of $25,000

November 16, 2021

St Kitts And Nevis Passport With A $45,000 Discount For The Whole Family

November 8, 2020

St Kitts and Nevis added brothers and sisters to the list of those who can obtain citizenship for investments

price

Guide to obtaining St Kitts and Nevis citizenship

  • Step-by-step procedure

  • Requirements for applicants

  • Required documents

  • Answers to frequently asked questions

Property types in St. Kitts & Nevis

Studios, apartments, villas, and townhouses are listed for purchase. Investors can also buy shares in hotel complexes, premises for offices and shops, land plots, and marinas. Available properties and real Estate projects depend on the selected country and terms of the investment Citizenship or residency program.

Real estate investment in St Kitts and Nevis

If you invest in property in St Kitts and Nevis, you can participate in the country’s Citizenship by Investment program. The program supports three options, including commercial and residential real estate. The minimum investment is $175,000.

The first real estate option under the citizenship program is known as the Alternative Investment Option. An investor buys a share in a Public Good Project Developers project for at least $175,000, or a share in a Private Enterprise Developers for at least $200,000. The properties include socially significant infrastructure in St Kitts and Nevis — such as affordable housing, and medical or educational facilities. While the investment is non-refundable, and the property should be turned over to the government in 7 years, the investor can earn profit from it.

The second real estate investment option under the Citizenship by Investment program is purchasing government-approved projects in St Kitts and Nevis. Both commercial and residential types are property are available, including villas, condos, townhouses, housing projects, apartments and apartment complexes, hotels, resorts, and yacht marinas. The minimum investment can be either $200,000 or $400,000, with a holding period of 7 and 5 years respectively. After that, the investor can

resale the property for profit.

Joint and full types of ownership are allowed under this option. Investors can rent out their investment real estate, and earn an annual yield of 2—5%.

The third real estate investment option under the Citizenship by Investment program is buying a private home for a minimum of $400,000. Note that this option will be valid until November 1, 2022. Investors can purchase a residential real estate object in full ownership — for instance, family homes, villas, apartments, or apartment complexes. Such investment is refundable and can be sold in 5 years for a profit.

Select your St Kitts and Nevis investment property remotely, with the assistance of Immigrant Invest. Our real estate and citizenship program experts will find real estate for the Citizenship by Investment project you prefer. We will help reserve the object for you, and purchase it after your St Kitts and Nevis citizenship status gets approved.

Immigrant Invest is a licensed agent for government programs in the Europe Union and the Caribbean.