If you are looking to retire in a beautiful and deluxe destination in the Caribbean, St Kitts and Nevis is the country for you. Famous for its first-class beaches, golf clubs, and incredible volcanic landscape, St Kitts and Nevis is a top destination for retirees seeking an optimal quality of life under the sun.
Why Retire in St Kitts and Nevis
St Kitts and Nevis, the Best Place to Retire for Optimal Quality of Life in the Caribbean
St Kitts and Nevis is a famous destination for retirees looking to have a great quality of life in the Caribbean. The twin islands are filled with first-class restaurants and shops where you can enjoy delicious cuisine and purchase great products. Incredible St Kitts and Nevis real estate properties are available on both islands with breathtaking views of the Caribbean Sea.
It is also a fantastic place for sports lovers, as the country has several golf and sailing clubs. If you like to hike, St Kitts and Nevis offers numerous trails in the tropical forest or along the coast. If you prefer to relax, you can soak up the sun on some of the world’s best beaches. You can also enjoy the relaxing and healing therapeutic baths in Nevis, rejuvenating your body and mind.
Some of the best cities to retire in St Kitts and Nevis for an optimal quality of life are Basseterre, Charlestown, Bath, and Sandy Point Town.
The Cost of Living in St Kitts and Nevis is Cheaper than in the US or the UK
St Kitts and Nevis cost of living is considered moderate as many products have to be imported on the islands. However, the cost of living is still cheaper than in the US or in the UK.
Transportation and locally produced fruits, vegetables, and meat are relatively low-costs. Eating and dining out can be cheap depending on where you eat. Rent can also be cheap depending on the size of the house and its location. You can for example rent a one-bedroom apartment in the city center for $600.
Tax Exemptions in St Kitts and Nevis
One considerable asset of living in St Kitts and Nevis is its favorable tax system. In St Kitts and Nevis, there is no personal income tax, capital gains tax, gift tax nor inheritance tax.
Health Care in St Kitts and Nevis
Health care is an important variable to take into account when retiring abroad. In St Kitts and Nevis, health care is available to all residents. The Joseph N France General Hospital – in St Kitts – and the Alexandra Hospital – in Nevis – are the two main hospitals. Each hospital provides various types of treatment but emergency evacuation might be needed for serious cases. It is therefore highly recommended to have private insurance which covers evacuation. St Kitts and Nevis also have several private clinics.
St Kitts and Nevis Citizenship by Investment Program
The St Kitts and Nevis Citizenship by Investment Program is an appealing option for retirees with a high-net-worth. Providing that an investment of at least $250,000 is made in government funds or in approved real estate, get a St Kitts and Nevis passport and enjoy great tax benefits, as well as visa-free travel to more than 140 countries – including all the European countries, Singapore and Hong Kong.
To learn more about the St Kitts and Nevis Citizenship by Investment Program, please take a look at our St Kitts and Nevis Citizenship Ultimate Guide by local experts.
Other Visa options in St Kitts and Nevis
If you have a property in St Kitts and Nevis and do not wish to participate in the St Kitts and Nevis Citizenship by Investment Program, you can apply for permanent residency – however, you will need to renew your residency annually.
Expat Communities in St Kitts and Nevis
Due to the incredible lifestyle it provides, St Kitts and Nevis have an important community of expats and retirees. Because of the country’s relatively small size, you will meet like-minded retirees in no time.
How is the quality of life in St Kitts and Nevis?
St Kitts and Nevis provide for great quality of life in the Caribbean. In St Kitts and Nevis you will find plenty of great restaurants, golf and boating clubs, and beautiful hikes to do.
Can I retire in St Kitts and Nevis?
You can retire in St Kitts and Nevis thanks to the Citizenship by Investment Program. Make an investment of at least $250,000 in government funds or in approved real estate and get St Kitts and Nevis citizenship. You can also buy a property in St Kitts and Nevis and apply for permanent residency – the residency will have to be renewed annually.
Can I buy St Kitts and Nevis real estate as a foreigner?
As a foreigner, you can buy St Kitts and Nevis property. You can either apply for the Alien Landholding License – which amounts to 10 percent of the property value – or buy property through the Citizenship by Investment Program.
How can I get the St Kitts and Nevis passport?
In order to get a St Kitts and Nevis passport, you will need to participate in St Kitts and Nevis Citizenship by Investment Program. Make an investment of at least $250,000 in the government’s Sustainable Island State Contribution (SISC) or a minimum of $400,000 in approved real estate. You can also ask for citizenship by naturalization, providing that you have resided in St Kitts and Nevis for 15 years.