🇰🇳 Saint Kitts & Nevis · CBI-Approved

Leeward Cove Residences with Amenities

Leeward Cove Residences with Amenities
Leeward Cove Residences with Amenities
Leeward Cove Residences with Amenities
Leeward Cove Residences with Amenities
Leeward Cove Residences with Amenities
Leeward Cove Residences with Amenities
The pool and gardens between the buildings
The living room and terrace doors
A sitting room with a corner sofa
The living room looking to the balcony
The dining table and breakfast bar
The kitchen
The kitchen from the dining side
A bedroom with a carved white bedhead
A bedroom in blue and white
The bathroom with a tub and vanity
1/16

A completed, freehold two-bedroom apartment in Frigate Bay, Saint Kitts — the practical corner of the island, ranged around the golf course and minutes from the airport. Nothing here is off-plan: the building stands, the community is running, and the unit is on the Citizenship by Investment Unit's approved list, clearing the program's US$325,000 real-estate minimum with room to spare. It suits a family whose first objective is a Saint Kitts and Nevis passport but who would rather finish the process holding something real.

What you actually own

Freehold title, held directly by a foreign national, with no lease clock running. What you own is a unit inside a condominium regime — the space inside your walls plus an undivided share of the pool, grounds, roofs and exterior envelope. That shared ownership is the source of both the on-site management and the annual bill.

One thing I check before an offer goes in: the approved list carries this project under a condominium hotel designation, which can bring a rental pool and restricted owner use, while the unit is recorded to me as a freehold apartment. Which set of rules binds this title is answered by the declaration and the management agreement, not a brochure.

The honest cost of holding it

Property tax runs 0.2% on the building and 0.2% on the land, annual, due by 30 June, with 1% a month interest on arrears; new-build residences carry a one-year exemption from completion. Budget 1–2.5% for legal fees and 0.2–0.5% for the assurance fund. Stamp duty is vendor-paid. The 10% Alien Landholding Licence generally falls away on CBI-approved real estate — I have watched buyers budget it against a purchase where it never applied. Program fees sit outside the price: US$10,000 due diligence for the main applicant, US$7,500 per dependant 16+, then US$25,000 main applicant, US$15,000 spouse, US$10,000 under-18, US$15,000 for 18+. I get the current service-charge budget from management rather than guess at it.

This property qualifies for the Saint Kitts & Nevis Citizenship by Investment program.

Represented by Dan Merriam
Price$395,000
Bedrooms2
Bathrooms2
Size105 m²
OwnershipFreehold
StatusCompleted
CBI eligibleYes

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Dan Merriam & Associates acts for the buyer. Our advice is independent, not contingent on any sale, and we hold no brokerage or developer mandate.

Frequently asked questions

Can I sell it whenever I want?

No. Property bought under the program must be held at least seven years before it can be resold under the program. Plan the hold, not the flip.

Can I rent it out?

Completed, furnished stock in Frigate Bay rents, but the terms decide everything: whether letting runs through a rental pool, what management takes, and whether owner use is capped in the weeks you want. I pull those from the management agreement before anyone underwrites a yield.

Does buying here get me citizenship?

Yes — this project is on the approved list, and at this price the purchase clears the US$325,000 real-estate minimum. Approvals can be paused as policy moves, so I confirm standing in the month you make an offer, not the year you first saw the price.

Is a second passport a tax plan?

No. Saint Kitts and Nevis levies no tax on worldwide income, but US citizens remain taxed by the United States on worldwide income regardless of a second citizenship, and there is no US income tax treaty. This is mobility and optionality.