Quote:
Originally Posted by OneHungLo
Are there any tax advantages? Do they cut you a break on the first 100k or something like that, or are you basically taxed just like a US citizen?
|
There is no personal tax in St Kitts/Nevis. Any tax advantages you can come up with, will not be shared with the US, or whatever country you are from..
After gaining independence in 1983, St Kitts and Nevis have never levied personal income taxes on its citizens or residents. This benefit applies to all personal income garnered from all local and international sources. Moreover, the country does not impose any wealth taxes, gift taxes, or capital gains tax.