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Get A Second Passport When Buying Nevis Property For Sale

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This might be the most beautiful and unspoiled of all Caribbean Islands. Because of losses incurred in public enterprises like an attempt to preserve the historic sugar industry, the government ran up one of the highest debt burdens in the world. Since then they have progressed in diversifying the economy in tourism, off-shore banking, asset management, incorporation, insurance plus some industry and agriculture. One incentive to purchase NEVIS PROPERTY FOR SALE is dual citizenship.

This island in the Caribbean, is about 50 mi (80 km) W of Antigua and 215 mi. (350 km) ESE of Puerto Rico. It is 32 sq. Mi. (93 sq km) and one half of the Federation of Saint Kitts and Nevis. It is a United Kingdom associated state. The two islands are divided by a 2 mi. (3.22 km) channel known as The Narrows.

The dominant feature is the 3,232 ft. (985 m) volcanic peak at the center. From there a gently sloping plain ends in sandy beaches on the west and north coasts. There are abundant natural springs, and volcanic hot springs are evident mostly near the west shore. A tropical climate is cooled by trade winds. There is little variation between the seasons.

A stable legal system growing out of English Common Law and a democratic government provide stability. The official language is English. The 98% literacy rate is one in the Western Hemisphere's highest. Protestantism and Catholicism are the main religions.

A great deal of the island state's revenue is derived from a growing financial services industry and incorporation of companies, trusts, and asset management companies. About 20,000 such firms are registered and pay registration and annual filing fees.

Two-hundred thousand tourists came here in 2009. Prime destinations include one five star hotel, four restored, exclusive plantation inns, and several smaller hotels. The island has been able to maintain its relaxed lifestyle and low rate of serious crime in part due to the absence of a cruise port or direct international flights.

The government sponsors a program of dual citizenship with investment in local real estate. Existing citizenship can be maintained, and the home country is not notified. Among the benefits of this are a passport that allows visa free travel to eighty-one countries. There is no local income, inheritance, gift, or capital gains tax.

Purchasing NEVIS PROPERTY FOR SALE has benefits. You can live in scenic, peaceful neighborhoods with a near perfect climate, and still be near the US. Property must be bought at one of the 30 approved developments on the islands. Minimum investment is $350,000 USD. The investment cannot be resold within five years.

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