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Frequently Asked Questions
Does SKIPA only work with foreign investors?

Does SKIPA finance projects?

Does SKIPA only facilitate investments in the Priority Sectors (Agriculture, Tourism, Financial Services and Information Technology)?

The Answer to these and other questions, here.

Priority Sectors

Tourism
St. Kitts is quite arguably one of the most sought-after tourism destinations in the Caribbean region, with stay over visitor arrival averaging an increase of 13.4 percent over the past five years. This upturn in visitor arrival is expected to continue well into the future with the anticipated completion of the Christophe Harbour, Ocean’s Edge and, Silver Reef Resorts Developments. »


Financial Services
St. Kitts is considered by many to be the financial capital of the Eastern Caribbean; home of the Eastern Caribbean Central Bank, The Eastern Caribbean Securities Exchange, the Eastern Caribbean Regulatory Commission, The Eastern Caribbean Central Securities Registry, the Eastern Caribbean Central Securities Depository, the Eastern Caribbean Institute of Bankers and the Eastern Caribbean Home Mortgage Bank. Our Finance Business is comprised of deposit taking, investment, insurance, trust and corporate business which are regulated by licencing criterion and clear legislation which meet international standards. »


Information
The Ministry of Information and Technology has set in place a strategic road map to ensure that St. Kitts is well positioned in this rapidly evolving market place. A new state of the art National Information and Communication Technology (ICT) Center is now in operation, equipped with training rooms, video conferencing facilities and technical experts to nurture an e-knowledge society. »

Agriculture
The agriculture sector holds great potential for the creation of wealth for potential investors. The Government of St. Kitts and Nevis has set in place an Agricultural Development Strategy in response global threats to food security. The increasing demand for food staples spurred on by the increasing world population and the adverse effects on the price of food by factors such as oil prices, the occurrence of extreme weather conditions in key export markets and others, make investment in the agricultural sector a worthwhile venture.»




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