Nevis Eyes “Alternative” Investments

By: Caribbean Journal Staff - February 13, 2014

Above: Nevis (CJ Photo)

By the Caribbean Journal staff

While real estate and tourism are helping lead an economic rebound in St Kitts and Nevis, the latter’s government says it is looking to diversify investments on the island.

The Nevis Island Administration is looking to court investment “other than through the tourism or the real estate,” Nevis Premier Vance Amory said this week.

One potential avenue of investment could be government bonds, Amory said.

“The government itself, we are dealing with persons who we feel may want to invest in additional Government Bonds but we are going to put a twist on this,” he said. “If somebody invests in the Government Bonds and we use those bonds for infrastructural development, we will apply to the Federal Government for those persons, who make the level of investment, for them to be considered under the Citizen by Investment (CBI) [programme].”

Amory said there were already plans underway for talks with potential bond purchasers.

“If they qualify [for Citizenship By Investment], they can have it and this will fulfil what the International Monetary Fund is saying so more investment and more plans and capital projects under the CBI and we are looking towards that and I think things will go very well,” the Premier said.

Popular Posts belize hotel mayan world

At the Falling Leaves Lodge in Belize, a Portal to the Maya World

SAN IGNACIO — There has been some form of settlement on this site for more than 3,000 years, here on a leafy hill above the town of San Ignacio, Belize. In other words, this is no ordinary hill. This is Cahal Pech, […]

In San Ignacio, Belize, The Art of Adventure (And Pupusas)

pupusas belize

The sizzle is calling you. In the early morning, corn tortillas stuffed with cheese and beans and meat sing a particularly strong siren song.  It could be that perfect blend of dough and heat, or the aroma. It might just […]

Delta Is Adding More Nonstop Curacao Flights, Citing “Booming Demand”  

the beach at the avila hotel in curacao

Curacao is hotter than ever, with a wave of new hotels and record-breaking tourism numbers. And just a few months after Delta made its long-awaited return to the island, the carrier is adding even more flights.  The reason? What Delta […]

Related Posts the beach on Shoal Bay with palm trees

Why Zemi Beach House Is the Best Resort in Anguilla Right Now 

It feels like Damian is reading our minds. Whatever we need, whether a fruit skewer or a perfectly-timed rum punch, just seems to appear out of thin air.  The wonderfully attentive Damian is part of the team at Zemi Beach […]

A New Way to Fly From Europe to the Dominican Republic

air europa

It’s no secret that the vast majority of travelers to the Dominican Republic come from the United States and Canada, mostly drawn by the country’s overwhelming number of large all-inclusive resorts.  It’s a formula for success that has shown no […]

How Secret Bay Became the Caribbean’s Most Unique Luxury Resort 

dominica secret bay villa with pool on cliffside

You know the moment you arrive, when you see the trees and the cliffs and the faint outline of Guadeloupe in the background. Then you start to see the wooden villas appear in the heart of the rainforest.  Dominica’s Secret […]


Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.

No. Thank You