Marriott Residences St Kitts — Two-Bedroom
A whole-ownership, freehold two-bedroom at Frigate Bay, the resort strip a few minutes from both Basseterre and the airport. It suits a buyer who wants St Kitts & Nevis citizenship through the real-estate route and a usable home at the end of it rather than a share certificate, and who is comfortable with a managed condominium rather than a private villa on its own land. The two notes below are the parts a sales brochure leaves out.
What you own
Freehold: registered title to the unit plus an undivided interest in the common areas. You can sell it, mortgage it, occupy it or leave it empty — a materially different instrument from the fractional and preferred-share products that dominate the citizenship market. Frigate Bay is a designated Special Development Zone, so the Alien Landholding Licence that normally costs a foreign buyer 10 percent of property value does not apply; on this purchase that is US$90,000 you never hand over. Have your attorney write the exemption into the agreement rather than rely on custom. Add 0.5 percent for the Land Assurance Fund contribution, plus your own legal and registration costs.
The cost of holding it
Property tax runs at 0.2 percent on the building and 0.2 percent on the land, assessed by the Inland Revenue Department from comparable sales rather than from what you paid. The numbers that actually decide the deal are the ones nobody publishes, so get them in writing first: the annual service charge for this unit with the association budget behind it, two to three years of audited accounts and the reserve balance, the buildings insurance premium and wind deductible, and any pending special assessment. One further caution — the residences are managed by IIC Management Company Limited, and I could not find a public Marriott brand licence attaching to the residences as distinct from the adjacent resort. If the flag is part of what you are paying for, ask to see the licence and its remaining term.
This property qualifies for the Saint Kitts & Nevis Citizenship by Investment program.
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Interested in Marriott Residences St Kitts — Two-Bedroom?
Book a private call with Dan to explore availability, ownership options and eligibility.
Book a Private CallDan 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
Does it qualify for St Kitts & Nevis citizenship?
Yes, with room to spare. The Citizenship by Investment Unit sets the real-estate minimum at US$325,000 for a condominium or shared unit and US$600,000 for a single-family dwelling, so at US$900,000 you clear both classifications. Get the CIU's written confirmation that this specific unit sits inside an Approved Development before any money moves.
What are the government fees, and can I sell whenever I want?
Due diligence is US$10,000 for the main applicant and US$7,500 for each dependant aged 16 or over. Post-approval fees are US$25,000 for the main applicant, US$15,000 for a spouse, US$10,000 for a dependant under 18 and US$15,000 for one aged 18 or over, with legal and conveyancing separate again. The property cannot be resold for at least seven years under the program, so plan the exit before you plan the entry.
Can I rent it out?
Yes. The on-site manager lets units on terms from one month upward, but the tenant base is long-stay rather than nightly resort demand — units here appear in approved off-campus housing listings for the University of Medicine and Health Sciences, quoted from US$1,575 to US$2,600 a month with utilities included. The manager's published rate card lists only studios and one-bedrooms, topping out at US$3,275 a month for a winter let, so ask for the floor plan, the title and a written rental projection for this unit type. Buy it for the citizenship and the use of the place, not for the income.
I hold a US passport — does this change my tax position?
No. The United States taxes its citizens on worldwide income regardless of where they live and regardless of any second citizenship, so rental income from this unit is reportable to the IRS whether or not St Kitts taxes it. A St Kitts passport buys mobility and optionality, not a different tax outcome.