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Saint Kitts and Nevis

The ISO code of Saint Kitts and Nevis is KN according to ISO 3166 standard. The local name of the country is the same as in English. Basseterre is the capital city of Saint Kitts and Nevis. The official language of Saint Kitts and Nevis is English. On 19 September 1983, Saint Kitts and Nevis emerged as a sovereign political entity. The largest city in Saint Kitts and Nevis is Basseterre.

Saint Kitts and Nevis is located in the UTC -04:00 time zone, which is also called Atlantic Standard Time or AST. The internet country code top-level domain (ccTLD) for Saint Kitts and Nevis is .kn. The International dialing code for Saint Kitts and Nevis is +1869. People in Saint Kitts and Nevis drive on the left side of the road. Total land area of Saint Kitts and Nevis is 261,00 km2. Saint Kitts and Nevis is not a landlocked country.

Saint Kitts and Nevis is located in the caribbean part of North America. Saint Kitts and Nevis is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.

Doing business in Saint Kitts and Nevis

We offer various corporate services in Saint Kitts and Nevis jurisdiction. These services can serve both, people coming from Saint Kitts and Nevis and foreigners. If you plan on doing business in Saint Kitts and Nevis you might be interested in contacting us.

To find out about starting your business in Saint Kitts and Nevis click on company formation in Saint Kitts and Nevis.

To find out how to open a bank account in Saint Kitts and Nevis and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Saint Kitts and Nevis.

Choose preferred service below or continue reading to find out more about Saint Kitts and Nevis.

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Demographics of Saint Kitts and Nevis

The total population of Saint Kitts and Nevis is 56 000 people. In Saint Kitts and Nevis, the population density is 192 people per square kilometer (499 per square mile). Because of this statistic, this country is considered to be crowded. The ethnic diversity is almost uniform according to a fractionalization scale which for Saint Kitts and Nevis is 0.1842. Saint Kitts and Nevis has 5673,00 million foreign immigrants. The median age is approximately 33.5 years. In Saint Kitts and Nevis, 79.35 in every 100 people use internet. Saint Kitts and Nevis has a Human Development Index (HDI) of 0.75.

The main religion of Saint Kitts and Nevis is Christianity. Saint Kitts and Nevis is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Saint Kitts and Nevis.

Culture of Saint Kitts and Nevis

People in Saint Kitts and Nevis speak English language. According to data on inbound tourists in Saint Kitts and Nevis, 107 000 tourists arrive in the country each year. One of the most popular national dishes of Saint Kitts and Nevis is stewed saltfish. To read more click on culture of Saint Kitts and Nevis.

Geography of Saint Kitts and Nevis

Saint Kitts and Nevis is considered a small nation because of its total area. Its total land area is 261,00 km2 (approx. 101 mi2). Saint Kitts and Nevis is located in the caribbean part of North America. Its capital city is Basseterre. Total length of land borders of Saint Kitts and Nevis is 0,00 kilometers (~0.00 miles).

The highest point of Saint Kitts and Nevis is Mount Liamuiga with its official height being 1156 m (3793 ft). Including land mass and EEZ, the total area of Saint Kitts and Nevis is approximately 10 235 km2 (~3,952 mi2). The most notable natural resources found in Saint Kitts and Nevis are arable land. To read more click on geography of Saint Kitts and Nevis.

Economy of Saint Kitts and Nevis

The currency of the country is East Caribbean dollar. The symbol used for this currency is $, and it is abbreviated as XCD. 5% of population in the country are unemployed. The total number of unemployed people in Saint Kitts and Nevis is 2856,00. Each year, Saint Kitts and Nevis exports around $0.06 billion and imports roughly $0.36 billion. Saint Kitts and Nevis has a Human Development Index (HDI) of 0.75. Saint Kitts and Nevis has a government debt of 144% of the country's Gross Domestic Product (GDP), as assessed in 2012. Saint Kitts and Nevis is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are tourism, cotton, salt, copra, clothing, footwear, beverages.

The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Saint Kitts and Nevis is $ 1281,00 billion. The corporate tax in Saint Kitts and Nevis is set at 33%. Personal income tax ranges from 0% to 0%, depending on your specific situation and income level. In 2013, Saint Kitts and Nevis received 21.9 USD in foreign aid. In 2014, their foreign aid amounted to 16 USD. To read more click on economy of Saint Kitts and Nevis.

Infrastructure of Saint Kitts and Nevis

In Saint Kitts and Nevis, 91% of the population has access to electricity. There are 54,00 internet hosts in Saint Kitts and Nevis. Saint Kitts and Nevis has 2,00 airports nationwide. To read more click on infrastructure of Saint Kitts and Nevis.

Politics of Saint Kitts and Nevis

Saint Kitts and Nevis is a parliamentary democracy under federal constitutional monarchy. With regard to political and civil freedoms, Saint Kitts and Nevis is 1. The head of the government is Elizabeth II.

According to the World Bank Group, the government effectiveness index of Saint Kitts and Nevis is -0.08. In Saint Kitts and Nevis, the legislative power is vested in a national assembly. The strength of legal rights index for Saint Kitts and Nevis is 5. In 2013, Saint Kitts and Nevis received 21.9 USD in foreign aid. In 2014, their foreign aid amounted to 16 USD. Saint Kitts and Nevis is a member of the United Nations (UN). On 23 September 1983, it joined the UN as a full member state. Saint Kitts and Nevis is a member of the World Bank. To read more click on politics of Saint Kitts and Nevis.

Environment of Saint Kitts and Nevis

Saint Kitts and Nevis emits 5.1 metric tons per capita of CO2. 50,00 km2 of Saint Kitts and Nevis's territory is covered in forests, and forest land comprises 19% of all the land in the country. To read more click on environment of Saint Kitts and Nevis.

Company formation in Saint Kitts and Nevis

The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Saint Kitts and Nevis.

When establishing a company in Saint Kitts and Nevis, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Saint Kitts and Nevis that will affect the establishment and growth of one's business. Contact us or click on company formation in Saint Kitts and Nevis to read additional information when setting up a business.

Bank account opening in Saint Kitts and Nevis

With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Saint Kitts and Nevis. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.

When considering opening a bank account in Saint Kitts and Nevis, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Saint Kitts and Nevis or contact us.