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Home > Jurisdictions > Global Jurisdictions > St. Kitts and Nevis

  • Full Name:  Federation of Saint Kitts and Nevis
  • Geographical Area: St. Kitts 168 sq. km. (65 sq. mi.); Nevis 93 sq. km. (36 sq. mi.), Caribbean, islands in the Caribbean Sea, about one-third of the way from Puerto Rico to Trinidad and Tobago
  • Terrain and Climate:  Generally mountainous volcanic with mountainous interiors, highest elevations are 1,156 m. (3,792 ft.) at Mt.Liamuiga on St. Kitts and 985 m; (3,232 ft.) at Nevis peak on Nevis, tropical climate
  • Population: 39,817 (July 2008)
  • Ethnicity:  Predominantly of African origin; some of British, Portuguese, and Lebanese descent.
  • Capital: Basseterre
  • Government:  Parliamentary democracy; independent sovereign state within the Commonwealth from the 1983 Constitution,  Executive--governor general (representing Queen Elizabeth II, head of state), prime minister (head of government), cabinet. Legislative--bicameral Parliament. Judicial--magistrate's courts, Eastern Caribbean Supreme Court (High Court and Court of Appeals), final appeal to Privy Council in London.
    Administrative subdivisions: 14 parishes, unicameral National Assembly (14 seats, 3 appointed and 11 popularly elected from single-member constituencies; members serve five-year terms)   *Note elections: last held 25 October 2004 (next to be held 2009)
  • Major Languages: English
  • Major Religion:  Principally Anglican, with Evangelical Protestant and Roman Catholic minorities.
  • Life Expectancy: 72.94 years
  • Monetary Unit: East Caribbean Dollar (ECD)
  • Exchange Controls and Taxation:  There are no exchange controls and n taxation on foreigners and local taxation is minimal, mostly regarding income from property ownership.
  • Stamp Tax:  There are taxes, but there are exemptions.
  • Main Exports: machinery, food, electronics, beverages, tobacco
  • Compulsory Education: 
  • GDP:  $13,900 (2007)
  • Annual Growth Rate: 3.3%
  • Major Industry:  Financial and business services, tourism, construction, clothing, footwear, beverages, and tobacco
  • Communication:  Broad-spectrum evaluation: good interisland and international connections , domestic: interisland links via Eastern Caribbean Fiber Optic cable; construction of enhanced wireless infrastructure launched in November 2004
  • Internet:  .kn
  • International dialing code:  1 + 869
  • Known as “no-tax jurisdiction” for qualified individuals
  • Number of Banks:  Around 15
  • Head of State:  chief of state: Queen Elizabeth II (since 6 February 1952); represented by Governor General Cuthbert Montraville Sebastion (since 1 January 1996)  head of government: Prime Minister Dr. Denzil Douglas (since 6 July 1995) cabinet: Cabinet appointed by the governor general in consultation with the prime minister
    *Note - The monarch is hereditary; the governor general is appointed by the monarch; following legislative elections, the leader of the majority party or leader of a majority coalition is usually appointed to the position of prime minister by the governor general; deputy prime minister appointed by the governor general
  • Radio:  AM 3, FM 3,
  • Television:  1 (plus 3 syndicates) (2003)
  • Time Zone: GMT – 4 with daylight savings time
  • Airport:  2
  • Bank List

            Bank of Nevis LTD

            Barclays Bank PLC

            Development Bank of St. Kitts and Nevis

            Eastern Caribbean Central Bank
First Caribbean National Bank

            Nevis Credit Union

            Nevis Cooperative Bank Co. Ltd

            Police Credit Union
Royal Bank of Canada Royal Bank of
Trinidad and Tobago

            St. Kitts Nevis Anguilla National Bank
St. Kitts-Nevis Finance Co. Ltd (FINCO)

            St. Kitts- Nevis National Bank
St. Kitts Cooperative Credit Union

            The Bank of Nova Scotia

            The Royal Bank of Canada

 

 

St. Kitts and Nevis

  • Full Name:  Federation of Saint Kitts and Nevis
  • Geographical Area: St. Kitts 168 sq. km. (65 sq. mi.); Nevis 93 sq. km. (36 sq. mi.), Caribbean, islands in the Caribbean Sea, about one-third of the way from Puerto Rico to Trinidad and Tobago
  • Terrain and Climate:  Generally mountainous volcanic with mountainous interiors, highest elevations are 1,156 m. (3,792 ft.) at Mt.Liamuiga on St. Kitts and 985 m; (3,232 ft.) at Nevis peak on Nevis, tropical climate
  • Population: 39,817 (July 2008)
  • Ethnicity:  Predominantly of African origin; some of British, Portuguese, and Lebanese descent.
  • Capital: Basseterre
  • Government:  Parliamentary democracy; independent sovereign state within the Commonwealth from the 1983 Constitution,  Executive--governor general (representing Queen Elizabeth II, head of state), prime minister (head of government), cabinet. Legislative--bicameral Parliament. Judicial--magistrate's courts, Eastern Caribbean Supreme Court (High Court and Court of Appeals), final appeal to Privy Council in London.
    Administrative subdivisions: 14 parishes, unicameral National Assembly (14 seats, 3 appointed and 11 popularly elected from single-member constituencies; members serve five-year terms)   *Note elections: last held 25 October 2004 (next to be held 2009)
  • Major Languages: English
  • Major Religion:  Principally Anglican, with Evangelical Protestant and Roman Catholic minorities.
  • Life Expectancy: 72.94 years
  • Monetary Unit: East Caribbean Dollar (ECD)
  • Exchange Controls and Taxation:  There are no exchange controls and n taxation on foreigners and local taxation is minimal, mostly regarding income from property ownership.
  • Stamp Tax:  There are taxes, but there are exemptions.
  • Main Exports: machinery, food, electronics, beverages, tobacco
  • Compulsory Education: 
  • GDP:  $13,900 (2007)
  • Annual Growth Rate: 3.3%
  • Major Industry:  Financial and business services, tourism, construction, clothing, footwear, beverages, and tobacco
  • Communication:  Broad-spectrum evaluation: good interisland and international connections , domestic: interisland links via Eastern Caribbean Fiber Optic cable; construction of enhanced wireless infrastructure launched in November 2004
  • Internet:  .kn
  • International dialing code:  1 + 869
  • Known as “no-tax jurisdiction” for qualified individuals
  • Number of Banks:  Around 15
  • Head of State:  chief of state: Queen Elizabeth II (since 6 February 1952); represented by Governor General Cuthbert Montraville Sebastion (since 1 January 1996)  head of government: Prime Minister Dr. Denzil Douglas (since 6 July 1995) cabinet: Cabinet appointed by the governor general in consultation with the prime minister
    *Note - The monarch is hereditary; the governor general is appointed by the monarch; following legislative elections, the leader of the majority party or leader of a majority coalition is usually appointed to the position of prime minister by the governor general; deputy prime minister appointed by the governor general
  • Radio:  AM 3, FM 3,
  • Television:  1 (plus 3 syndicates) (2003)
  • Time Zone: GMT – 4 with daylight savings time
  • Airport:  2
  • Bank List

            Bank of Nevis LTD

            Barclays Bank PLC

            Development Bank of St. Kitts and Nevis

            Eastern Caribbean Central Bank
First Caribbean National Bank

            Nevis Credit Union

            Nevis Cooperative Bank Co. Ltd

            Police Credit Union
Royal Bank of Canada Royal Bank of
Trinidad and Tobago

            St. Kitts Nevis Anguilla National Bank
St. Kitts-Nevis Finance Co. Ltd (FINCO)

            St. Kitts- Nevis National Bank
St. Kitts Cooperative Credit Union

            The Bank of Nova Scotia

            The Royal Bank of Canada

 

 

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