St. Kitts, known as the "Garden of the North America," has long been a vacation paradise for wealthy celebrities from Europe and America. Every day, various levels of cruise ships from the United States, Canada, the United Kingdom, and other European countries dock here, while St. Kitts Airport hosts numerous flights catering to affluent tourists from around the world.
Currently, the main ports in St. Kitts are Basseterre Port and Charlestown Port, both of which receive goods and tourists from around the globe daily. Due to the significant increase in St. Kitts' global recognition in recent years, the ports can no longer meet the demand. Recently, St. Kitts' Minister of Transport, Ian Liburd, announced plans to expand the two main ports. In addition to the port expansion, the airport expansion is also on the agenda.
More Convenient for Tourism and Vacation
The expansion of the ports and airport is of great significance to St. Kitts, as it not only reflects the booming tourism industry in St. Kitts but also indicates the need for support from the port and air transport industries for the development of the tourism and hotel sectors. Therefore, the expansion of the port and airport will benefit flights and cruise ships to St. Kitts, facilitating travel for global tourists. This will also, to some extent, promote the local tourism industry and drive the vigorous development of the real estate sector.
The Value of Investment Immigration is Significant
St. Kitts possesses immense tourism value and commercial potential, attracting wealthy individuals from around the world to invest and immigrate. According to a survey and analysis by the Caribbean real estate professional agency Seven Heavens Properties, the demand for Caribbean real estate in the first half of 2015 doubled compared to the same period last year, with significant profit increases in the Caribbean real estate market, primarily due to the robust tourism industry in the region, especially in St. Kitts, and the attractive investment citizenship programs. St. Kitts' immigration policy is stable, allowing investors to obtain citizenship by donating $250,000 to the Sugar Industry Diversification Fund or purchasing government-approved real estate projects worth over $400,000, thus acquiring a Commonwealth passport.
Currently, the Central Business District project in St. Kitts, exclusively represented by Worldway, is the first commercial real estate project since the launch of the investment citizenship program in St. Kitts 30 years ago, and it is also the only commercial center in St. Kitts at present. The project is located in the city center and is currently under construction and has topped out. Investors can purchase a prime retail space in the Central Business District for over $400,000, and the developer offers a ten-year leaseback, with a return rate of up to 4% in the first five years, while also providing guaranteed returns for the second five years, allowing investors to hold the property at no additional cost. Investing in this project allows for a quick acquisition of a Commonwealth passport, enjoying visa-free access to 132 countries, recognition of dual nationality, offshore port benefits, tax haven status, and no immigration monitoring. For more details, please consult: 400-138-2929
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