St. Kitts and Nevis are two unique islands in the Caribbean. They offer a tropical paradise that is lush and rich landscape with a South Pacific atmosphere. St. Kitts and Nevis real estate is popular among investors for its luxurious landscape.
Mount Liamuiga sits in the middle of St. Kitts. Mount Liamugia is a dormant volcano and lends itself to a lush tropical forest. Nevis, too, offers a tropical forest with vervet monkeys and breathtaking tropical flora. It is this fertile landscape and magnificent natural beauty that makes St. Kitts and Nevis real estate attractive to those who wish to live in the beauty of nature.
The "Secret Caribbean"
St. Kitts and Nevis are affectionately known as the Secret Caribbean. With its long stretches of white, sandy beaches and colonial harbor towns that look like a picture postcard. The law states that no building on the islands may be built to be taller than the palm trees that so heavily populate them. This makes St. Kitts and Nevis real estate even more attractive to investors of real property.
Visitors and property owners enjoy the many outdoor activities which include fishing, diving, boating and snorkeling. They can hike through the lush, green rain forests that populate the island. There are internationally ranked golf courses to take in a few rounds. Additionally, there is an abundance of historical area which include fortresses that have been restored, ancient petroglyphs and even haunted plantations.
Valid Property Transactions
Non-nationals who seek to purchase St. Kitts and Nevis real estate have certain authorizations that they must obtain in order for the transaction to be valid. An alien land holding license is required per the Alien Land Holding Regulation Act Cap. 102. There are two methods of transferring ownership of real estate and of showing ownership.
The Conveyancing and Law of Property Act requires that a search for more than 35 years be performed at the Registry of Deeds. This is a part of the British deed system. It comes from the colonial period. Under this system, the property title can be transferred with a deed per the Conveyancing and Law of Property Act.
Another way to acquire St. Kitts and Nevis real estate is by certificate of title. Land surveying plans provide a basis for this certificate. It also requires entry in a title register. This is per the Title by Registration Act. This method, however, is not as secure because it does not prevent a third party from declaring a title that is better.
Real estate investments
St. Kitts and Nevis real estate requires a minimum investment of $350,000 in order to qualify under the government's economic citizenship program. There is no top limit on the price and there are many luxury properties available for those investors who have the money to spend. As with any foreign real estate investment, it is wise to employ the aid of a knowledgeable real estate agent or company to help you navigate the governmental requirements.
