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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.

Why Invest in St. Kitts

  • Stable political environment
  • One of the highest literacy rates in the region at 98%  (Easily trainable labour force)
  • Modern infrastructure: Roads, Air and Sea Ports, Water and Electricity
  • Advance Telecommunication Infrastructure
  • A stable currency fixed at 1 USD to 2.70 ECD
  • No personal income tax
  • Direct air access from key North American markets and the United Kingdom
  • The financial capital of the Eastern Caribbean – home to the Eastern Caribbean Central Bank, the Eastern Caribbean Securities Exchange, The Eastern Caribbean Regulatory Commission
  • A well regulated financial services sector
  • Investor friendly government
  • English is the official language spoken by our citizens
  • Dedicated Investment Promotion Agency created to assist investors in establishing their business
  • Generous incentive package including corporate tax incentives, exemption from import duties, exemption from withholding taxes and export allowance for qualified investments
  • State of the art National Information and Communication Technology Training Center
  • Small business incubators for IT related businesses
  • St. Kitts ranks well above the Caribbean and global scales for internet usage and capacity
  • St. Kitts is located within the same time zone as USA East Coast (daylight savings not observed)


 


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