Zen Pinney's Beach Designer Condos
Zen Pinney's Beach Designer Condos sits about a minute's walk back from Pinney's Beach on Nevis, and this completed one-bedroom is the entry point to the collection — delivered furnished, with a private balcony over the courtyard garden rather than the sea. It suits a buyer who wants a lock-up-and-leave Caribbean base, and who either wants the Saint Kitts & Nevis citizenship a purchase at this level can support or is content to leave that option unused. It suits a family, or a buyer whose main objective is rental income, considerably less well.
What you actually own
Freehold and completed. You own the unit outright and in perpetuity — not a lease, not a share in a landholding company, not a fractional entitlement — and what you walk through is what you buy rather than a rendering. The finish schedule I hold lists granite counters, travertine floors and central air conditioning, and the marketing states construction to Miami-Dade hurricane specification; neither is independently verified, so ask for the engineer's certification at the walk-through. On title, a non-citizen buying land in Nevis normally needs an Alien Landholding Licence, widely quoted at 10% of value, and property approved under the citizenship program is reported to be exempt. Have that waiver confirmed in writing by your own attorney before you exchange.
The honest cost of holding it
If you take the citizenship route, government fees sit on top of the price and are not negotiable: due diligence of US$10,000 for the main applicant and US$7,500 per dependant aged 16 or over, then post-approval fees of US$25,000 for the main applicant, US$15,000 for a spouse, US$10,000 for a child under 18 and US$15,000 for a dependant 18 or over. A single applicant is US$35,000 before professional costs; one commercial guide estimates legal and conveyancing at US$10,000 to US$12,000. Property tax is charged annually on assessed value, at published residential rates below one percent. No service charge, insurance or utility figure has been published for this building — before committing I would want two years of association accounts, the insurance schedule with the windstorm deductible, and the reserve balance.
This property qualifies for the Saint Kitts & Nevis Citizenship by Investment program.
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Interested in Zen Pinney's Beach Designer Condos?
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
Can I rent it out?
Freehold ownership does not of itself stop you letting, but I have found no published rental program for this building — no management company, no occupancy figure, no rate card, no historic income statement. That means there is no yield on this page, and I would be sceptical of anyone who puts one in front of you without the booking data behind it. Ask for the condominium by-laws and two full years of actual booked revenue on comparable units.
Does it qualify for Saint Kitts & Nevis citizenship?
The Citizenship by Investment Unit's published minimum for a condominium unit or share under the real-estate route is US$325,000, and at US$425,000 this unit sits above it. But the Unit's other real-estate page frames the US$325,000 tier as fractional ownership and puts full ownership at US$600,000 or more, and those are not obviously the same test. Get the unit's classification and the project's current approved status confirmed in writing by the Unit before anyone applies.
How long do I have to hold it?
Seven years. The Unit is explicit that property bought under the real-estate route may not be resold for at least seven years, and a sale inside that window does not qualify the property for a subsequent citizenship application unless Cabinet is satisfied substantial further investment went into it. I have seen five years quoted in marketing connected to this collection; where the developer and the regulator disagree, the regulator governs.
I'm American. Does a second passport lower my tax bill?
No. US citizens are taxed by the United States on worldwide income regardless of a second citizenship, and renouncing US citizenship is the only exit from that regime. A Saint Kitts & Nevis passport buys mobility and a second base; any adviser who implies it cuts your US tax is telling you something untrue.