Caribbean’s Hottest Second-Home Destination
After more than 500 years of rich history, the Confederation of St. Kitts and Nevis is entering a new chapter as the hottest second-home destinations in the Caribbean. - USAtoday reported.
A NEW NEVIS!
Discovered by Christopher Columbus, St. Kitts was home to the first French and British Caribbean colonies and is known as the region’s “Mother Island.”
Always flush with sugar cane, it has remained relatively wealthy and undeveloped. Along with smaller Nevis, it gained independence in 1983. Now, these Caribbean islands are trying to become independent from agriculture.
Brian Kassab, owner of the nation’s largest real-estate company, Brian Kassab & Associates, said:
We always had very high yields of sugar cane until two years ago, when the government ceased the industry and decided to focus on golf and eco-tourism. So this is a turning point in our history.
Most of the land is untouched, lush and tropical. Nevisians take pride in preserving its beauty. It consists of rain forests, waterfalls, volcanic peaks and vast stretches of pristine Nevis beaches.
In selected residential development zones, buyers are exempt from the nation’s 10% foreign ownership fee. The confederation is a tax haven with sophisticated banking, a stable government, very low real estate taxes ($400 a year on a $4.5 million house) and no income or rental taxes. A current plan offers expedited citizenship for foreigners who spend more than $350,000.
Go scope out the territory and check out pricing on a Nevis Vacation HERE!
Nevis Island Lover ~ Becca Briley
