Investors and private buyers are drawn to luxury apartments in St Kitts and Nevis for sale or rent due to this island being a prestigious internationally renowned destination.
St Kitts and Nevis is one of the Caribbean's most recognized luxury destinations, especially among affluent buyers from the UK, Canada, and the US. The West Coast of St Kitts and Nevis, known as the Platinum Coast, features luxury apartments that attract celebrities and billionaires.
For investors there is a strong rental market for luxury apartments, particularly those in prime beachfront or gated communities. These luxury apartments provide high returns in the short term and long term rental market. Peak season which is December to April in St Kitts and Nevis, owners renting out privately and investors can earn significant income via holiday rentals.
St Kitts and Nevis is a stable and investor-friendly market place, with no capital gains tax on property sales, plus no inheritance tax, freehold ownership is allowed for foreigners, and there is a well established legal and financial systems rooted in British common law.
Luxury buyers often invest not just for returns but for personal enjoyment or future retirement, looking for the best in lifestyle and retirement benefits that St Kitts and Nevis can bring.
St Kitts and Nevis has a range of well-known recreational facilties like some of the best golf courses, marinas, and fine dining in the Caribbean.
St Kitts and Nevis has a well-serviced international airport Grantley Adams International with direct flights from major hubs like London, Toronto, and New York. These connections make it easier for owners and investors who want to visit their apartments on a regular basis.
Buyers of apartments in St Kitts and Nevis may choose to have personal for some of the year, and generating income the rest of the year, with some luxury developments offering property management.
While St Kitts and Nevis doesn't offer citizenship by investment, but there is a program that allows special entry and reside permits (SERP) for high-net-worth individuals, and additionally a Welcome Stamp program attracting digital nomads and remote workers, boosting luxury rental demand.
