The Secret Truth About St Kitts Property

If youre looking at Charlestown and Jones Estates

, read on to find out the secret truth about St Kitts property.

St Kitts (or San Cristobal) is one of the Leeward Islands in the Lesser Antilles. It is located about 2100 kilometers (1300 miles) south of Miami, Florida. The area of San Cristobal is about 168 km2 (65 square miles), about 29 km (18 miles) long and an average of 8 km (5.0 miles)) in diameter.

Saint Kitts and Nevis uses the Eastern Caribbean dollar, which maintains a fixed exchange rate of 2.7 head to the U.S. dollar.

For hundreds of years, St. Kitts served as a sugar monoculture. But because of declining profitability, the government closed this industry in 2005. Tourism is an important and growing source of income for the island, although the number and density of the resort is less than in other Caribbean islands. Shuttle, non-sugar agriculture, manufacturing and construction sectors are growing the economy.

San Cristobal is dependent on tourism to boost its economy. The trend of tourism in San Cristobal has been increasing since 1978. In 2009 there were 587,479 arrivals in San Cristobal de 379,473 in 2007, representing an increase of growth of almost 40% over two years. As tourism increases demand grows together for vacation properties.

In the hope of expanding tourism, the country has hosted the annual St Kitts Music Festival.

Saint Kitts and Nevis also acquires foreign direct investment of the public only for the investment program, described in the Citizenship Act 1984. Interested parties can obtain citizenship if they pass background checks and strict government to make an investment in real estate development approved. This project is the development of Silver Reef. Buyers who make a minimum investment of U.S. $ 350,000 are eligible to apply for citizenship of the Federation of Saint Kitts and Nevis.

St. Kitts has a population of about 35,000, most of which are mainly of African origin. The main language is English, with an illiteracy rate of 98%.

St Kitts Property:

St Kitts Property is a website portal where you can advertise or search through property for sale throughout St Kitts. There are lots of properties on this site marketed by agents, developers and private owners: houses, apartments, villas, land and commercial property. St Kitts has many destinations that are popular with international buyers.

by: Bret Soldeo

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