The Complete Guide to Buying Property in St Kitts & Nevis

Buying in St Kitts & Nevis is simpler than most foreign buyers expect — the legal system is English common law, title is registered, and contracts are in English. But there are a few local rules that change your timeline and budget. This is the whole process, start to finish.

Can foreigners buy property?

Yes. There are no restrictions on the type of property a foreigner can own — villas, condos, land, and commercial buildings are all available freehold. The one extra step is the Alien Landholding Licence (ALL): a government permit every non-citizen needs before taking title, costing roughly 10% of the property value.

There is one big exception: buy a property in a government-approved CBI development and the licence is waived entirely. That, plus the passport, is why so many foreign buyers stay inside the approved list.

The process, step by step

1. Shortlist and view. Most buyers fly in for 3–5 days of viewings, or start with video walk-throughs. Every listing on Isle & Key goes directly to the listing agency — no middlemen.
2. Make an offer. Offers are usually made in writing through the agency. Expect some negotiation; 5–10% below asking is a normal opening on resale homes.
3. Sign the Sale & Purchase Agreement. Drafted by a local attorney; you pay a 10% deposit held in escrow. Hire your own lawyer — plan on 1–2% of the price in legal fees.
4. Apply for the Alien Landholding Licence (unless CBI-exempt). Your attorney files it; approval typically takes 2–4 months and this is the longest single step for non-CBI purchases.
5. Complete. Balance is paid, the deed (Certificate of Title) is recorded, and keys change hands. Stamp duty is paid by the seller in St Kitts & Nevis — a pleasant surprise for buyers used to other markets.

How long does it all take?

• CBI-approved property: 60–90 days is realistic, because the licence is waived and developers run a practiced process.
• Standard resale with ALL: 4–6 months, driven almost entirely by the licence approval.

Financing

Most foreign purchases here are cash. Local banks do lend to non-residents, but expect 50–60% maximum loan-to-value, rates well above US levels, and a slow underwriting process. If you need leverage, many buyers borrow against assets at home instead.

Buying remotely

Entirely possible and common: your attorney can act under power of attorney, funds move by wire to escrow, and signings happen by courier or video notarisation. We still recommend one visit before completion — islands feel different in person, and a $1M view deserves your own eyes.

The paperwork checklist

• Valid passport (certified copy)
• Proof of funds / source of wealth (bank letters)
• Police certificate (for the ALL application)
• Attorney engagement letter
• Sale & Purchase Agreement + deposit receipt

Ready to look? Every listing on Isle & Key shows its price and CBI status upfront — start with the islands you're curious about.