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Nevis West Indies
Nevis Real Estate
Nevis real estate offers all types of property investment opportunities. There are Nevis villas and resale Nevis homes. These Nevis villas can be used for vacations, Nevis holidays, retirement on Nevis Island or for Nevis villa rental investment. Nevis villas are available with swimming pools, beach front lots, sea views and beautiful inland tranquility. Nevis real estate owners have the benefits of growing Nevis real estate values and a friendly and tropical island atmosphere to enjoy their Nevis villas whether for vacations, holidays or retirement. Nevis condos and apartments are on offer for those who wish to make an investment in the Nevis economy. Caribbean Real Estate Showcase's friendly and professional Nevis real estate agents will provide you with full details on commercial real estate properties and Nevis businesses for sale.
Nevis Real Estate Regulations
Foreigners wishing to purchase Nevis real estate must obtain an alien land holding license. Further to obtain Citizenship by Investment, real estate purchasers must choose their property from developments authorized by the Government of St Kitts and Nevis for this purpose.
There are two ways to purchase real estate in St Kitts and Nevis. The first is the old British deed system and the second is by obtaining a Certificate of Title, which is deemed to be preferable as there is no possibility of the title being challenged in any way. The total costs for the taxes and fees to purchase a Nevis home are approximately 9% of the purchase price. Purchasers are allowed to import furniture and fittings duty free.
Nevis Real Estate Owners' Taxes
Owners of St Kitts and Nevis real estate are required to pay a taxed based on a notional rental value of the property. In most cases this tax is not more than US $1,000 per year.
Income from the rental of the Nevis villa is tax free. There is no capital gains tax on the subsequent sale of the Nevis home.
There are no income taxes and no wealth taxes on St Kitts and Nevis.
Nevis Citizenship by Investment
Those wishing to avail themselves of the Citizenship by Investment Program must spend a minimum of $250,000 to purchase their Nevis home.
Nevis Island
Saint Kitts (previously St Christopher) and Nevis are Caribbean islands located approx. one third of the way between Puerto Rico in the North and Trinidad and Tobago in the South.
Less developed with fewer inhabitants than Saint Kitts, Nevis is renowned for its lush flora, historic sugar plantations, interesting ruins and beautiful black and white sand beaches. Travelers to Nevis can choose from hiking in the rain forest, mountain climbing, swimming, tennis, windsurfing, diving and snorkeling, biking, kayaking, fishing, golf or horseback riding. Nevis also offers museums and art galleries.
The food on Nevis ranges from simple to extraordinary. Guests visiting Nevis Island can order everything from West Indian or European food in local bars and restaurants to special dinners in restored Nevis plantation houses prepared by famous chefs. Local seafood is one of the great favorites at Nevis eateries. There is lobster and conch and locally caught fish, such as kingfish, tuna, grouper, yellowtail snapper and wahoo. Nevis visitors may also enjoy lamb, beef and pork as well as various types of fowl. Western Caribbean cooking is common on the menus on Nevis, rich in curries and gingers. However world class continental cuisine is also readily available. Local Nevis fruits include mangos, papayas, oranges, apples, guavas and bananas.
History of St Kitts and Nevis
The earliest inhabitants of St Kitts and Nevis were the Sibonay, who, it is thought arrived over 2,000 years ago from Central America. Then came the Arawaks from what is now Venezuela. After the Arawaks the Caribs arrived, who also originated in South America.
St Kitts was known as Liamuiga by the Caribs. The word means fertile and was because the soil was rich as a result of the extinct volcano, now known as Mount Liamuiga
Nevis was previously known to the Arawaks as Dulcina and Oualie by the Caribs.
Columbus passed St Kitts and Nevis under sail in 1493 on his second voyage to the Americas. He called St Kitts San Jorge and Nevis San Martin. Due to confusion on the then maps of the Caribbean, they were renamed San Cristobal and Santa Maria de Los Nieves. Finally they were anglicized and became St. Christopher and Nevis.
The Spaniards claimed the islands as their territory, but other European settlers and explorers arrived and disputed the Spaniards' rights.
Thomas Warner made St Christopher the first British territory in the Caribbean when he arrived in 1623. He sailed home and on his return to, he was accompanied by British settlers. In 1625, The British monarch King Charles the First agreed to grant Warner a Royal Commission for Barbados, Montserrat, St. Christopher and Nevis.
In 1628 English settlers from St. Christopher moved to Nevis and their leader Captain Anthony Hilton was made the first Governor of Nevis.
In 1625 French seamen arrived and were welcomed by the British.
It is said that the Caribs were angered by the increasing presence of European settlers and were planning to drive them from the island. In any event, in 1626 Warner led the English in a strike against the Caribs and killed over 2,000 at Bloody Point. The rest of the Caribs fled.
Over the next hundred years or so control of the islands went from the English and French to the Spaniards who drove the settlers out and then back when they returned after the Spaniards failed to leave a force to garrison the islands.
In the 1700s St Christopher's name was shortened to St Kitts and although until recently St. Christopher remained her official name.
Some Dutch settlers arrived on St Kitts and Nevis from Brazil and brought sugar with them and this replaced tobacco as the main cash crop of the islands.
The settlers first used Irish servants on the islands and there was considerable friction due to the Irish being Catholics and their English masters being Protestants. Later African slaves were used and it is this group from which most of the current Caribbean islands' peoples are descended.
Admiral Lord Nelson sailed out of Nevis and made Nevis home during the mid 1780s and was married to a woman from Nevis by the name of Frances Nisbet.
Amazingly, Alexander Hamilton, who was to play such an important role in American history was born on Nevis Island in 1757.
St Kitts and Nevis were part of the British colonies until 1967 when the islands were granted Associated Statehood. In 1983 the officially titled St. Christopher and Nevis became an independent sovereign democratic state.
Nevis Facts
Entry Requirements: You will need proof of citizenship (passport) and an out-going ticket to enter Nevis. *Note: U.S. and Canadian citizens may enter with a birth certificate or voter registration card and a photo ID. **Beginning December 31, 2006 U.S. citizens will need a passport to travel to and from the Caribbean.
Marriage Requirements: Passports or Birth Certificates are required. If you wish to be married by a Minister on Nevis, you will need to present a letter from your minister in your country of origin.
Area Map:
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Climate: Considered tropical, cooled by constant sea breezes, average daytime high is 84 F, average low is 73 F.
St Kitts and Nevis geographic coordinates are 17 20 North, 62 45 West
St Kitts Land Area 168 square miles
Nevis Land Area 93 square miles
St Kitts and Nevis have 135 km of Coastline
Land type is volcanic with the interior having mountains
Farm land takes up approx 20% of the island area
St Kitts and Nevis population was estimated at approximately 40,000
Life expectancy is 72 years average with women living five years longer than men
Birth rate is 2.33 children for each woman
Nationalities are for St Kitts - Kittitian and for Nevis - Nevisian
Ethnic mix of St Kitts and Nevis is predominantly black with some Lebanese, British and Portuguese
he religions practiced in St Kitts and Nevis are Anglican, other Protestant beliefs and Roman Catholic
Official language is English
The Country name is the Federation of Saint Kitts and Nevis
St Kitts and Nevis is governed as a Constitutional Monarchy with a British type parliament
The capital is Basseterre on St Kitts
There are 14 parishes in St Kitts and Nevis
St Kitts and Nevis gained independence from the United Kingdom on 19th September 1983
Legal system follows English common law
Voting age is 18 years old for both men and women
Chief of State is Queen Elizabeth II represented by the Governor General Cuthbert Sebastian
Head of State is Prime Minister Dr. Denzil Douglas
Legislative branch is a National Assembly with 14 seats
Judicial branch is the Eastern Caribbean Supreme Court, which is based in St. Lucia. There is one Supreme Court Judge residing in St Kitts and Nevis
St Kitts and Nevis economy is based mainly on tourism. The main agricultural crop is sugar. Offshore banking has also become significant.
The US is by far the main trade partner with approx 60% of the exports and approx 33% of the imports.
St Kitts and Nevis is the East Caribbean Dollar with an exchange to the US $ of approx 2.67
There is an airport on St Kitts SKB and one in Nevis NEV.
There is a port at Basseterre on the island of St Kitts.
Electricity: 230 V / 60 Hz (type D & G plugs)
Currency Converter: http://www.xe.com/ucc/convert.cgi
Prime Minister's Website http://www.cuopm.org/
Local Radio Stations: http://www.tvradioworld.com/region1/skn/Radio.asp
Local Television Stations: http://www.zizonline.com/ZIZLive.asp
Local Weather Information: http://www.weather.com/outlook/travel/businesstraveler/local/SCXX0001?from=search_city
Links to Things to do on Nevis:
Biking: http://mountainbikenevis.com/
Scuba Safaris: http://undertheseanevis.com/
Fishing: http://fishnevis.com/
Golf: http://www.fourseasons.com/nevis/vacations/golf.html
Nature Hikes: http://herbertheights.com/
Hiking: http://nevisnaturetours.com/
Sailing: http://www.geographia.com/stkitts-nevis/knfish01.htm#boating
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Caribbean Real Estate Showcase, Dunham Young Inc. its owner, executives and employees act in good faith in the promotion of this web site but are in no way responsible to either property participants or potential customers or real estate purchasers for any loss of any kind howsoever caused. Continued use of this website indicates acceptance of this condition. Property purchasers should exercise caution and use independent legal advice when entering real estate transactions of any kind.
