by Khareem Cabey 
Investing in real estate in St. Kitts is an enticing opportunity for foreigners. However, to ensure a smooth transaction, one crucial step is obtaining an Alien Land Holding License. This comprehensive guide aims to navigate you through the procedure efficiently, with a step-by-step breakdown of the process as outlined in the official document from the Government of St. Kitts.
Step 1: Preliminary Requirements
Before delving into the application process, ensure you meet the preliminary requirements:
1.1 Eligibility:
Check your eligibility status. Any non-national interested in acquiring real estate in St. Kitts needs an Alien Land Holding License.
1.2 Property Identification:
Identify the property you wish to purchase. Gather all necessary information including the location, size, and current owner details.
Step 2: Documentation Preparation
2.1 Personal and Company Documentation:
Prepare the necessary documents as per your status (individual or company). The required documents include:
- Copy of Statutory Statements (if a company)
- Copy of Memorandum of Association (if a company)
- Original Police Certificate
- Legal description of the land
- Certified copy of passport or photo identification
- Copy of Articles of Association (if a company)
- Legal Description of Company
- Professional reference letter from the bank
- A copy of the Survey plan
- Cover Letter
2.2 Property Documentation:
Collect all the necessary documents related to the property, including a legal description and a copy of the title deed.
Step 3: Engaging a Local Service Provider (Optional)
3.1 Selection:
Investors may opt to engage a local service provider to simplify the process. The service provider will handle the submission of the application form and all necessary documents.
3.2 Document Review:
Have your service provider or attorney review all documents to ensure they meet the stipulated requirements.
Step 4: Application Submission
4.1 Form Completion:
Complete the application form, which can be obtained from the Ministry of Sustainable Development.
4.2 Fee Payment:
Pay the prescribed non-refundable application fees.
4.3 Document Submission:
Submit the completed form along with all necessary documents to the Ministry of Sustainable Development either personally or through your local service provider.
Step 5: Government Evaluation and Approval (Timeframe: 3 Months)
5.1 Application Review:
The government will review your application, which may take up to three months.
5.2 Approval Notification:
If approved, the Ministry of Sustainable Development will notify you or your local service provider and forward the approval letter to the Legal Department for the processing of the license certificate.
Step 6: License Finalization and Property Registration
6.1 Fee Payment at Inland Revenue:
Carry the license certificate to Inland Revenue and pay the necessary fees, which include 10% of the value of the land.
6.2 License Registration:
Register the license certificate at the High Court Registry (land), qualifying you to purchase land in St. Kitts.
6.3 Property Registration:
With the license in hand, proceed to register the property under your name.
Obtaining an Alien Land Holding License in St. Kitts is a meticulous but achievable process. Following this step-by-step guide, alongside engaging a reputable local service provider or attorney, will ensure a seamless journey towards property ownership in this Caribbean paradise.
Need Assistance? Contact Us:
Navigating through the Alien Land Holding License procedure can be intricate. For personalized assistance and guidance, feel free to contact us at info@sknrealestate.com. Our experienced team is here to ensure your property investment in St. Kitts is a success.
