We can assist you in arranging your non-resident mortgage in Saint Kitts and Nevis.

St. Kitts and Nevis, like no other islands in the Caribbean, seem to embody a kind of lush tropical paradise usually associated with the South Pacific. The atmosphere here is palpably luxuriant, an intoxicating blend of sunlight, sea air and fantastically abundant vegetation

The two islands of St. Kitts and Nevis were British possessions until 1983, when they became a tiny, independent two-island nation (a mini-state, really), complete with UN membership. But British traditions remain in evidence. Cricket is still fiercely popular, and motorists drive on the left.

Many islands are becoming so expensive because demand is outstripping supply. St Kitts has not reached those levels yet however the new developments on the island are making St Kitts the talk of the town.

In respect of mortgages in St Kitts & St Nevis, the general criteria is that you can borrow up to a maximum of 60% loan to value subject to status and the lenders valuation.  This will mean that you will need to finance the remainder. 

Mortgages are not available to cover stage payments for an off-plan property.  However, mortgages are available on completion.  You should consider applying up to 4 months prior to completion. 

Mortgages are Full Status only, and approval is based on your "take home" pay and is calculated on an affordability basis.  All existing liabilities including any mortgage/rent payments, personal and bank loans and any maintenance (ie: divorce) payments will be taken into consideration.  The lender will NOT take into consideration any proposed Rental Income from the property. 

Due to the application specific variables, rates are on application, however for your personal calculations, and on an indication only basis, rates will be broadly based from US Prime Rate + a Margin of 2% (8% Variable).  This is for a mortgage in US Dollars on a repayment (capital + interest) basis for a maximum of 20 years or up to a maximum age of 65 years.