Many expats choose to retire in St Kitts for the tax benefits. There is no personal income tax and no wealth, gift, inheritance, foreign income or capital gains tax.
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Can a US citizen live in St Kitts?
Citizens of the USA, Canada, the UK, and many countries in the EU and the Caribbean can stay in St Kitts & Nevis on vacation without a visa for up to 90 days. If you wish to stay longer, you can apply for permanent residency or for citizenship via the St Kitts & Nevis Citizenship By Investment Program.
How much does it cost to move to St Kitts?
Summary of cost of living in Saint Kitts and Nevis
| Food | |
|---|---|
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | EC$1,541 |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | EC$1,460 |
| Utilities 1 month (heating, electricity, gas) for 2 people in 85m2 flat | EC$345 |
Is it expensive to live in St Kitts?
A fantastic island in the Caribbean, St Kitts and Nevis’ cost of living is considered relatively moderate. 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.
Is St Kitts safe to live?
St. Kitts and Nevis is a safe country for individuals and families. Crime is low on the islands, which have a stable democratic government.
Can you buy citizenship in St Kitts?
St Kitts and Nevis Citizenship
Investors along with any family members, can directly qualify for citizenship through investment, either by making a donation or investment in real estate purchase.It usually takes 6 months to receive the passport after the investment is made.
How do I become a resident of St Kitts?
In order to qualify, you must meet the following criteria: Have a high net worth, so that you can contribute in at least one of the two following ways: Real estate investment of at least $400,000 USD – this investment must be kept for at least five years before citizenship is granted.
Is healthcare free in St Kitts?
Hospitals and healthcare centers in Saint Kitts and 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.
Where do expats live in St Kitts?
“Most expats live in Frigate Bay which is an area on the southeast of the island. Frigate Bay has various options from apartment complexes with pools and gyms to large private homes.
How long can a US citizen stay in St Kitts?
90 days
Entry, Exit and Visa Requirements
Passports and visa: U.S. citizens must have a valid U.S. passport to enter Saint Kitts and Nevis. No visa is required for stays up to 90 days if you have an onward or return ticket, confirmation of accommodation, and can produce evidence of your ability to maintain yourself.
What language do they speak in St Kitts?
EnglishDescription. English is the sole official language. Saint Kitts Creole is also widely spoken. Saint Kitts Creole is a dialect of Leeward Caribbean Creole English spoken in Saint Kitts and Nevis by around 40,000 people.
Does St Kitts have good healthcare?
Kitts and Nevis, being a smaller country, lacks some medical necessities. Individuals suffering from severe illnesses and injuries may be required to travel overseas in order to receive comprehensive medical care. Patients from St. Kitts who travel overseas for medical treatment will usually go to the USA.
How much does it cost to build a house in St Kitts?
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. There is a good Government water supply below the 800′ contour.
How much is electricity in St Kitts?
Kitts and Nevis are $0.26 per kilowatt-hour (kWh), lower than the Caribbean regional average of $0.33/kWh. Like many island nations, St. Kitts and Nevis is heavily reliant on fossil fuels for electricity generation, leaving it vulnerable to global oil price fluctuations that directly impact the cost of electricity.
What are the benefits of St Kitts and Nevis Citizenship?
Citizenship benefits
- No personal income tax.
- Assist with efficient and effective international tax planning and wealth management.
- Possession of a St.
- Visa-free travel to over 100 countries worldwide, including the UK and European Union.
- Free to reside in St.
- Dual citizenship permitted.
Can you fly into St Kitts?
Kitts is easily reached from the United States, Canada, United Kingdom, and continental Europe. Dozens of nonstop, connecting, and charter flights depart daily and arrive at Robert Llewellyn Bradshaw International Airport (SKB). SKB also serves flights from several Caribbean nations, including San Juan, Antigua, St.
How much does citizenship in St Kitts cost?
How much does citizenship for a family of 4 cost?
| Contributions to the fund | Real estate purchase | |
|---|---|---|
| State fee | — | $ 75,200 |
| Due Diligence | $ 15,500 | $ 15,500 |
| Other fees and charges | $ 3,294 | $ 3,294 |
| Total | $ 168,794 | $ 293,994 |
What is the cheapest citizenship by investment?
The cheapest citizenship-by-investment program, such as Dominica’s are currently at 100,000 USD and whereas others such as Cyprus and Malta start at seven figures.
Is St Kitts a tax haven?
Saint Kitts and Nevis is potentially one of the best available tax havens. First, there is no individual income tax, although short-term capital gains may be taxable. Gifts and inheritance escape tax as well.
What country owns St Kitts?
Along with the island of Nevis, Saint Kitts was a member of the British West Indies until gaining independence on 19 September 1983. The island is one of the Leeward Islands in the Lesser Antilles.
Saint Kitts.
| Formerly Liamuiga | |
|---|---|
| Archipelago | Leeward Islands |
| Total islands | 8 |
| Major islands | 2 |
| Area | 174 km2 (67 sq mi) |
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.
