The taxes, duties, and currency of Saint Kitts and Nevis have drawn the attention of Chinese investors as they open the doors to the Chinese investment market through Saint Kitts investment immigration. The taxation, duties, and currency situation of Saint Kitts and Nevis is summarized as follows:
1. Taxes in Saint Kitts and Nevis:
Departure tax is levied on passengers leaving Saint Kitts and Nevis:
a. Holders of Saint Kitts and Nevis passports: 15 East Caribbean Dollars;
b. Holders of other passports: 41 East Caribbean Dollars.
Environmental tax is charged on all passengers leaving Saint Kitts and Nevis: 4 East Caribbean Dollars.
Payment Location: At the airport departure area at the time of leaving the relevant island.
Exemptions for the following passengers:
(1) Holders of diplomatic passports and their spouses and children;
(2) Children under 12 years old;
(3) Passengers who stay in Saint Kitts and Nevis for no more than 24 hours;
(4) Government ministers;
(5) Members of regional organizations, peacekeeping forces, and overseas resource service organizations;
(6) Uniformed crew members traveling on official duty and must present identification.
2. Duties:
A. Imports: Passengers over 18 years old (including 18 years) can bring the following items duty-free:
(1) 200 cigarettes or 50 cigars or 1/2 pound of tobacco;
(2) 1 quart of wine or spirits.
B. Other Regulations: Saint Kitts and Nevis is a member of the Convention on WorldWay in Endangered Species of Wild Fauna and Flora (see 'Terms and Definitions').
C. Crew Members: The same regulations apply as for other passengers.
D. Pets: Cats and dogs must have original documents issued by a veterinarian in the departure country and proof of rabies vaccination, along with an import permit issued by the Ministry of Agriculture. Passengers must inform the transportation airline's station manager in Saint Kitts or Nevis in advance, and this requirement also applies to transit passengers.
E. Customs Clearance for Luggage: Luggage is cleared upon arrival at the first airport in Saint Kitts and Nevis. This also applies to:
(1) Passengers transiting to Nevis;
(2) Passengers traveling to countries outside of Saint Kitts and Nevis who change flights in Saint Kitts and Nevis.
F. Exempted Luggage: Transit passengers whose destination is a country outside of Saint Kitts and Nevis and do not need to change planes in Saint Kitts and Nevis are not required to clear their luggage.
3. Currency:
Import: Allowed, local currency (East Caribbean Dollar - XCD) and foreign currency: Unrestricted, but must be declared upon arrival.
Export: Allowed, local currency (East Caribbean Dollar - XCD) and foreign currency: Not exceeding the amount declared upon entry.