Saint Kitts and Nevis
AI Agent Legal Status: undefined · Autonomy: low
Legal Framework
Saint Kitts and Nevis operates one of the oldest and most established Citizenship by Investment programs in the world (since 1984). The Financial Services Regulatory Commission (FSRC) oversees the offshore sector. The Virtual Asset Act was introduced to regulate digital asset businesses. English common law system.
Key Laws & Regulations
- ◆Virtual Asset Act
- ◆Nevis LLC Ordinance
- ◆Nevis International Exempt Trust Ordinance
- ◆Financial Services Regulatory Commission Act
- ◆Citizenship by Investment Act
Business Formation
Nevis LLCs are popular for asset protection — strong charging order protection and privacy. IBCs available in both Saint Kitts and Nevis. CBI program (oldest in the world) provides alternative citizenship. FSRC licensing for financial services. English common law.
Tax Implications
No personal income tax. No capital gains tax. No withholding tax. No estate or inheritance tax. IBCs and Nevis LLCs tax-exempt on foreign income. CBI program requires investment contribution. EC dollar pegged to USD.
Opportunities
CBI program for alternative citizenship. Nevis LLC for asset protection structures. Virtual Asset Act for crypto businesses. Comprehensive tax-free environment. English common law system.
Highlights
World's oldest CBI program. Nevis LLC asset protection among strongest globally. Virtual Asset Act providing crypto framework. No income, capital gains, or withholding taxes. English common law.
Risks & Challenges
Small market (55K population). International scrutiny of CBI program. Limited tech infrastructure. Hurricane vulnerability. Regulatory capacity constraints.