St. Kitts | Citizen Information
ST. KITTS REALTY
  
   
Requirements:  Either: 
An investment of US$250,000 
Or: 
Iinvest US$200,000 in Treasury Bonds from the government on terms permitting repayment after 10 years.

Registration Fee: 
Applicantion for head of household: US$35,000 
Dependants: US$15,000 each 
Timescale: 2 to 3 Months  
Citizen Investment Form Requirements Birth Certificate
Marriage Certificate (if applicable)
Decree Absolute (if applicable)
Affidavit of support (Bank Statement)
Evidence of own assets (Certificate of Title for house, land or condominium)
One (1) Passport SIZE Photo
Birth Certificate of Spouse (if applicable)
Birth Certificate of each unmarried child under 18 years (if applicable)
Proof of having passed the H I V Test
$100 non-refundable fee for the application for permanent residence
Grant of permanent residence fee - $3,800

 

 

 

 

 

 

 

 

 

 

 

Treaties
The Federation is party to double taxation treaties with Denmark, Norway, Sweden, the United Kingdom and the United States of America (limited to social security benefits). There is a Mutual Legal Assistant Treaty in existance between St. Kitts and the United States.

Income Tax
There is no personal income tax in St. Kitts or Nevis.

Ordinary Companies are subject to an income tax rate of 35%.

This tax does not apply to trusts, limited partnerships and exempt companies or to enterprises which have been granted a tax concession.

Withholding Tax
Individuals and ordinary companies remitting payments to persons outside of the Federation must deduct 10% withholding tax from profits, administration, management or head office expenses, technical service fees, accounting and audit expenses, royalties, non-life insurance premiums and rent.

This tax does not apply to trusts, limited partnerships and exempt companies or to enterprises which have been granted a tax concession.

Capital Gains Tax
There is a capital gains tax of 20% on profits or gains derived from a transaction relating to assets located in the Federation which are disposed of within one year of the date of their acquisition.

This tax does not apply to trusts, limited partnerships and exempt companies or to enterprises which have been granted a tax concession.

Other Taxes
There is no net worth tax, gift tax, sales tax, turnover tax, or estate duty
 

For more information, visit the St. Kitts Financial Services website