St. Kitts and Nevis is the best Caribbean location for retiring [Image by John William Hammond on Flickr]St. Kitts and Nevis is a popular destination for beachgoers and foodies alike. The dual-island nation boasts many natural and cultural treasures, including its beautiful landscapes and idyllic beaches washed by the Caribbean Sea. Meanwhile, for those planning to retire in paradise this dual-island nation is an excellent choice, with its low cost of living and taxes.
St. Kitts and Nevis a popular choice all round
Each year, beachgoers and foodies visit St. Kitts and Nevis for its cultural treasures and natural wonders like mountains and volcanic landscapes. Moreover, its stunning coastline offers idyllic beaches washed by both the Caribbean Sea and the Atlantic Ocean.
Dual island nation attracts senior travelers
However, the islands are also getting major attention from senior travelers after St. Kitts and Nevis was named one of the best Caribbean islands for American retirees by visa and relocation consulting firm Global Citizen Solutions (GCS).
In addition to the serene surroundings, this retirement haven offers one of the most lenient Caribbean tax environments, with zero income taxes on local and worldwide income and no capital gains, inheritance, and wealth tax.
Moreover, the cost of living on these islands is lower than that in the US. For example, renting an apartment in the capital of Basseterre should not cost more than $900. However, groceries are pricier, as many of the products are imported.
Citizenship for foreign nationals
Another important factor about St. Kitts and Nevis is the level of safety and stability it offers retirees. Meanwhile, the dual island nation’s 2024 Global Freedom Score is 89 out of 100 for its political stability, normal functioning of government and civil liberties. The US State Department’s current alert level for St. Kitts and Nevis is the lowest at Level 1.
Other Caribbean nations for retirees according to GCS
Find more information about the recommended Caribbean islands on the website of Global Citizen Solutions.
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Publish date : 2024-08-26 01:31:00
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