Saint Kitts and Nevis, also known as the Federation of Saint Christopher and Nevis, is a twin-island country in the West Indies. It is an independent country (having become independent on 19th September, 1983), with a Parliament democracy functioning under a Constitutional Monarchy (Queen Elizabeth II), who is represented on St. Kitts by a Governor-General.
The country consists of two main islands, St. Kitts and Nevis. The capital city and headquarters of government is on the larger island of Saint Kitts. The smaller state of Nevis lies about 2 miles (3 km) southeast of Saint Kitts, across a shallow channel called “The Narrows”.
The weather on St. Kitts & Nevis is enjoyable year around. Temperatures on both islands are normally tropical & moderate throughout the year, with average temperatures ranging between 78 – 88ºF (25 – 31ºC). The highest temperature could reach 95ºF (35ºC) & the lowest 65ºF (18ºC). The wet season is between May – October. Tourists normally tend to visit St. Kitts & Nevis during November – April, when temperatures range between 75ºF (24ºC) & 85ºF (29ºC).
St Kitts & Nevis has a 98% literacy rate. Education is free and mandatory from the age of 5- 17 years of age. There are several universities such as the Windsor University School of Medicine, University of West Indies and the Medical University of America.
With a very high literacy rate of 98% & a readily available work force, St. Kitts & Nevis is well placed to continuously deliver good economic growth. In addition to this is the favourable attitude of the government towards investments by giving generous incentive packages. Incentives may be given in the form of tax holidays, tax rebates or concessions, exemption from import duties & repatriation of all profits, dividends & imported capital.
Following have been identified as the “Priority Sectors” of the economy –
Tourism, agriculture, financial services, information technology, renewable energy, international education, light manufacturing & ship registry.
Though services is the major contributor to the economy, manufacturing has been growing in prominence. Close proximity to USA, South America, Central America & of course the Caribbean has enabled St. Kitts & Nevis to export competitively priced products such as machinery, food, electronics & beverages to its major trading partners like USA, Canada & the Caribbean countries. There is scope for considerable improvement in this area.
The St. Kitts & Nevis currency i.e. the Eastern Caribbean Dollar (ECD) has been fixed to the US Dollar at 2.70 since 1976. This stability in currency has played an important role in attracting investors. The US Dollar is accepted in businesses throughout the country, as are all major credit cards.
Another source of foreign direct investment for the country comes from the St Kitts and Nevis Citizenship by Investment Programme, outlined in their Citizenship Act of 1984. Interested parties can acquire St Kitts Citizenship if they pass the government’s background checks and make a donation or an investment into an approved real estate development.
The Robert Llewellyn Bradshaw International Airport in St Kitts can be reached via non-stop, connecting or charter flights from the United States, Canada, United Kingdom & Continental Europe. Some of the airlines operating on these routes include American Airlines, United Airlines, Delta, British Airways, Virgin Atlantic, Air Canada & Air France. Within St. Kitts & Nevis, you could find your way around through land & sea such as car rentals, bike rentals, taxis, minibus, ferry or water taxis.
St Kitts & Nevis is a member of United Nations (UN), WTO, WHO & International Labour Organisation (ILO) & regionally CARICOM & OECS.
Due Diligence is carried out by both us at Migratesmart® and by the government of St. Kitts & Nevis. The period of due diligence depends on the circumstances of each client.
KEY FACTS :
- Also know as : Federation of Saint Christopher & Nevis
- Area : 269 sq. kms. ( 104 sq. miles)
- Capital : Basseterre
- Government : Federal Parliament under a constitutional monarchy
- Official Language : English
- Legal System : “English Common Law” System
- GDP : USD 1.40 billion
- Per Capita Income : USD 25,000
- Currency : East Caribbean Dollar (ECD)
- Main Airports : St. Kitts – Robert Bradshaw International Airport | Nevis – Bradshaw / Vance W. Amory International Airport
- Seaports : St. Kitts – Basseterre Harbour | Nevis – Charlestown Harbour
- Time Zone : GMT – 4 hours
- Calling Code : +1 869