Nevis Real Estate Tips
Nevis Island offers a dreamy Caribbean landscape like no other! Characterized by its 3,232 ft high Nevis Peak, this dormant volcano lies at the heart of this quaint island. Nevis is 36 square miles in area and is circled by a main road about 21 miles long.
People come from all over the world to get away and relax island style here! Many fall in love, and then make the decision to move there, buy a vacation home there, or simply rent condos and townhomes when a vacation is in order! There are always plenty of gorgeous options ad the Nevis Economy thrives on tourism. They will make any guest feel right at home!
If you love Nevis just as much as me, and can afford to purchase a Caribbean vacation home, some insight from coldwellbankerislands would be most helpful!
FYI - There’s no personal income tax, capital gains tax or inheritance tax in Nevis. Annual property house tax ranges from $800(US) to $2,000(US) per annum. The EC$ is tied to the US$ at a fixed rate of EC$2.70 to US$1.00. You can also have foreign currency accounts at most of the Nevis banks, which keeps your funds outside foreign currency controls.
Economic Citizenship Program is the way to go here! Purchasers can qualify for citizenship Nevis and St. Kitts by virtue of investing a minimum of $350,000(US) in the Federation in certain areas that are located in an “approved investment project.” The cost to obtain St. Kitts-Nevis passports are $35,000 for one spouse, $15,000 for the second spouse, and $15,000 for each other dependent.
After you’ve been prequalified for a loan, and are ready to make an offer on a home, start by getting some information about the seller and their motivation.
Planning to Buy on or Nevis or St Kitts? If So, Ask the Seller These Questions:
1. Why are you selling?
2. How much did you pay for your home?
3. What types of repairs have been done recently?
4. What can you tell me about the neighborhood?
Coldwell Bakers in Nevis and St. Kitts can be a great help; they are very professional and know a great deal about the biz as well as the island!
This is a GREAT PROPERTY SEARCH for beautiful NEVIS PROPERTIES!
HERE, they offer great insight on how to buy in St. Kitts and Nevis.
Nevis Lover ~ Becca Briley 
