St Kitts Citizenship benefits boost demand at new $100 million Caribbean resort - Savills Select Resorts »
Posted By rfintergage 1 month, 1 week ago in StyleSt Kitts Citizenship is boosting demand for luxury villas, poolside cottages and condominiums at the $100 million Ocean’s Edge resort development at Frigate Bay, report luxury property experts Savills Select Resorts.
Privileged St Kitts Citizenship with all its second passport benefits is proving to be an added incentive for buyers keen to invest in aspirational but accessible property on one of the world’s most beautiful islands.
Citizenship of St Kitts brings with it a second passport plus significant offshore financial benefits such as freedom from income tax, property taxes, inheritance tax and capital gains tax for property owned for 12 months or more.
It is open to people who invest at least $350,000 or its eastern Caribbean equivalent currency in an approved scheme. Ocean’s Edge is officially recognised by the Government of St Kitts as meeting all the necessary criteria required.
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