INVESTMENT SECTORS

Opportunities To Make Financial Investments

From investment opportunities in tourismagriculture and information technology to opportunities to invest in emerging renewable energy initiatives, Nevis offers investors a range of attractive, well-established industry sectors ready for continued growth. A world-leader in international financial services, Nevis provides superior international finance and asset protection structures utilizing modern, user-friendly legislation tailored to every investors’ needs. Nevis boasts a first class asset protection model for Trusts making it a premier jurisdiction.

GROWTH OPPORTUNITIES

Nevis is poised for impressive growth in key areas, including tourism and sports tourismagriculture and agro-processingand information/communication technology. From our physical infrastructure to our experienced and well-educated workforce, we have established a competitive framework for success anchored by business-friendly legislation and generous investment incentives.

Please see our NIPA Investor Guide

TOURISM 

Tourism

There are many opportunities to invest in the tourism industries across the world. Steady growth, especially in emerging market economies, should continue to outpace that in more developed markets in North America and Europe.

The unspoiled Island of Nevis offers incredible scope to attract tourism. Nevis is paradise for nature lovers with a variety of wildlife. There is excellent snorkeling just offshore and scuba diving around wrecks and natural reefs. The ‘Queen of the Carribbean’ caters for archaeology, or exploring the ruins of old sugar plantations, or Amerindian sites. Rain forests, mountains, beaches provide ample opportunities for tourist operators.

For more detailed information on ways to invest please contact us.

Also see Sports Tourism

Sports Tourism 

The sports tourism industry is worth an estimated €500bn globally and is the fastest growing tourism sector. With triathlons and other endurance races being the fastest growing mass participation events. More and more organisations are looking for the right location to host these lucrative events.

Nevis is ripe with an abundance of sport investment opportunities. These sport investment opportunities can be appropriately categorized as tourism ventures; and considering Nevis’ growing international reputation as an ideal location for sporting events, the time for investment is now!

Major Sporting Events

 

The Tristar Nevis International Triathlon

The Nevis to St. Kitts Cross Channel Swim

The Nevis Fishing Tournament

The Nevis Half Marathon

Inter-primary track meet

Easter Horse Racing

Drag Racing

SKN Independence Road Cycling Race

For more detailed information on ways to invest please contact us.

Also see Tourism

Medical Tourism

Nevis has also positioned itself as a medical tourism destination. The implementation of medical tourism on the Island has been fully

backed by the government as the federation seeks to contribute to the global demand for these medical services.

For more detailed information on ways to invest please contact us.

Also see Tourism

INTERNATIONAL FINANCIAL SERVICES

Financial Services

The Nevis International Financial Services center has 30 years’ experience and is recognized worldwide for its professionalism, efficiency, commitment to meeting international regulatory standards, and prolific wealth management and asset protection tools. The sector boasts an impressive collection of competent registered agents qualified in trust and asset management, law, finance, accounting, taxation and banking. The jurisdiction is fast becoming the island of choice for high net worth individuals from around the world seeking to expand their investment portfolio.

Due to flexible legislation incorporation times are prompt and compare favourably to other jurisdictions. The following types of businesses are permitted:

International Business Company (IBC)

Limited Liability Company (LLC)

Nevis International Exempt Trust

Qualified Foreign Trust

Reinsurance and Captive Insurance

General and Long term Insurance

International Banking

Mutual Funds

The International Financial industry on Nevis is governed by international Antimoney laundering, Anti-terrorism and exchange of information laws, and the Financial Services Regulatory Commission makes painstaking efforts to ensure that international standards are upheld and that service providers conduct business with integrity, and accountability.

For more detailed information please contact us.

Please see our NIPA Investor Guide

Click here to visit the Nevis Branch of the Financial Services Regulatory Commission

Citizenship by Investment

A certain number of countries have opened up their nationality to individuals and their families desirable to the nation due to significant contribution to the state. The concept of Citizenship by Investment has logically caught on in a number of countries who wish encourage talent and skill to their jurisdiction.

One of the ways in which citizenship can be acquired in Nevis is through investment by the purchase of an “approved real estate investment project” located in specified zoned areas on the island. To qualify for citizenship, the applicant must make either an investment of at least US$ 400,000 in one of the approved real-estate developments in addition to paying government fees, other fees and taxes, or alternatively making a contribution to the Sugar Industry Diversification Foundation (SIDF, a public charity) starting from US$ 250,000 (for a single applicant).

Investors of good character can make a substantial contribution towards the development of the Federation. Investors are then given the opportunity to apply for citizenship within the strict guidelines of the law and the relevant regulations.

Developers can make an application for their project to be designated as an “Approved Project” under the Citizenship by Investment Programme. An investor may qualify for citizenship under the real-estate option of the programme, by purchasing property in a designated “Approved Project” with a value of at least US$ 400,000.

For more information on becoming a citizen through investment please contact us.

AGRICULTURE & AGRO-PROCESSING

 

Agriculture

 

The Agricultural sector holds great potential prospects for investment. The road map to development in the agricultural sector is intended to reduce the country’s food importation bill through local production.

 

Other areas of investment include meat production, poultry meat production, fishing and aquaculture. Intensive and semi-intensive production systems for mutton, pork, and beef will become a necessity. Niche markets for goat milk and goat cheese present viable areas for development.

 

Biodiversity is encouraged in the Agricultural sector. There exists considerable investment potential in the offshore fisheries with a target on pelagic such as wahoo, dolphin, marlin and squid. Small scale “green water” aquaculture by producing tilapia which may ease the pressure on near-shore fish stocks.

 

Agro-Processing

 

The focal point for the agro-industrial sector is agro-processing. Scope for investment include the development of orchards, product development, marketing and distribution. Investors in this sector are free to take advantage of regional trade agreements derived from St. Kitts & Nevis membership in CARICOM and the OECS to gain access to wider markets.

 

For more detailed information on ways to invest please contact us.

 

INFORMATION COMMUNICATION TECHNOLOGY

Information Communication Technology

ICT is a key technology and an interdisciplinary technology. It helps businesses to reduce costs, improve systems, boost innovation, and increase output. Not just confined to bettering the software and IT sector, ICT enhances existing technology across the wider economy thus termed as a growth driver.

The Nevis Island Administration (NIA) is aware of the significance that ICT plays as an enabler in today’s business world and seeks to develop the ICT sector as a means of satisfying local and international demand for ICT services.

Education plays an important role in the development of the type of human capital required to support the ICT industry. To this end the NIA partnered with the Government of St. Kitts and Nevis to implement numerous educational programs at primary and secondary level institutions.

Please contact us for more detailed information on the NIA, government programs and regulatory framework.

GREEN OPPORTUNITIES

 

Renewable Energy

There has been a global shift to alternative energy and renewable energy by investing in companies that explore, harness and store solar, wind, hydroelectric, tidal wave, geothermal, biomass and biofuel energy.

As the entire world commits billions to the development of renewable energy, Nevis is blessed to have discovered its wealth of natural resources and natural power production through innovative avenues which is quite remarkable. The Island presents investment opportunities in GeothermalWindSolar, and Other Alternative energy. Nevis has the distinction of leading the Caribbean region and by extension the world in implementing a supply of clean and cost efficient energy.

GEOTHERMAL ENERGY

 

Tapping Into Our Geothermal Reservoir

Unlike Wind and Solar, Geothermal is one of the few clean sources of energy that can provide baseload power without storage devices. With the concerted effort to develop new, cleaner energy technologies, geothermal’s ability to provide baseload power is attracting a lot of institutional investment with numerous success stories from U.S. enterprises.

With this advent of geothermal energy, Nevis will be uniquely placed within the sub-region as a low cost, stable and renewable energy supplier. Nevis is on its way to becoming the first carbon neutral location in the world.

The NIA welcomes proposals from potential developers with strong financial backing for the development of geothermal. The exploration phase is completed. It is anticipated that Nevis should be in a position to construct at least a 10 MW Geothermal Plant in the not too distant future.

See also Solar

For ways to get involved please contact us.

WIND ENERGY

Yes, We Have Harnessed The Wind

Wind energy provides a clean, sustainable solution to global energy problems. It can be used as an alternative to fossil fuels in generating electricity, without the emission of greenhouse gases. It is inexhaustible and renewable. It is envisaged that wind power will make the most significant contribution to the attainment of international targets for green electricity.

A 2.2 MW Wind Farm has been constructed at Maddens Estate on Nevis and is currently supplying wind energy to the electricity grid. The Nevis Electricity Company Limited (Nevlec) is obligated to purchase up to 1.6 MW of energy from WindWatt (Developer) according to the Power Purchase Agreement (PPA) between the two companies. The PPA was signed on 14th July 2009 between Nevlec and WindWatt, the developers and owners of the Wind Farm. The Wind Resource contract between WindWatt and the Nevis Island Administration was signed on 14 July 2009. The Wind Farm consists of eight (8) 275 KW wind turbines. The Wind Farm is located on government leased land on Maddens Estate.

See also Solar

See also Geothermal

For ways to get involved please contact us.

SOLAR ENERGY

Solar Energy

Solar energy is the fastest growing energy source in the world today, having recently passed Wind energy for this distinction. Solar energy can be used with renewable solar technologies to replace conventional energy systems that consume fossil fuels, thus helping to reduce harmful emissions into the atmosphere and helping to reduce greenhouse effect and global warming.

Viable proposals in solar powered electricity generation is encouraged. Tax concessions are available for companies and individuals purchasing Solar Water Heaters since January 2010.Two major companies on the island have joined the movement to reduce their energy consumption and carbon footprint. S.L. Horsford’s, a multiple trading, service and manufacturing company, and TDC Limited, the parent company of an umbrella of diversified companies, both launched projects to use solar generated energy for their businesses.

For ways to get involved please contact us.

See also Solar

See also Wind

OTHER ALTERNATIVE ENERGY

 

As well as providing investment opportunities in GeothermalWind, and Solar energy the NIA has an interest in other innovative renewable energy developments. Nevis is open to developing waste to energy generation plants and wave energy in the future and invites investors to grasp this opportunity.

For more detailed information on ways to invest please contact us.