As the owner of property in St. Kitts, you are obligated to pay property tax for said property on or before June 30 every year. That is the only requirement.
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Do I need to report to any authorities about the ownership of my investment during the 7-year maintaining period for St. Kitts and Nevis’ CBI program?
I just received my citizenship in St. Kitts and Nevis through a real estate investment. I understand that I am required to maintain the property for seven years before I can change the ownership of it. I am wondering if I need to report to any authorities to prove that I am still the legal owner of the property. If not, how would the government know that I keep compliance with the requirements of the program?
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