Selling

Yes. You can sell a house in St. Kitts or Nevis for less than you owe on it, but only with your bank's agreement, because the bank's mortgage is registered against the title and the sale cannot complete until the bank releases it. This is called a short sale. Some banks call it a voluntary sale. Done early, it is usually faster and cheaper for both you and the bank than waiting for the bank to seize the...

Complete guide to selling property in St. Kitts. Covers stamp duty 6-10%, no capital gains tax, the full 9-step process, costs worked out on a US$500K sale, overseas seller guide, and CBI resale rules.