St. Kitts & Nevis
Its tourism authority describes it as: Two islands, one paradise. St. Kitts and Nevis is an exclusive Caribbean destinatination with full of natural beauty. The twin islands offer almost year-round sunshine and a diverse range of landscapes.
Today, the main economic drivers are tourism, real estate, and financial services. Although tourism plays a smaller role than on other Caribbean islands, the twin-island federation offers fine beaches and an outstandingly attractive mountainous landscape.
There are excellent opportunities for the labor-intensive manufacturing of goods for export to the USA and the European Community, both of which allow reductions in import duties on certain goods manufactured in St. Kitts and Nevis. The workforce is highly educated and hard working.
In agriculture, there is good potential for the introduction of new high-value crops that are suitable for small-scale farming in lush, tropical conditions. These crops can include orchids, certain varieties of fruits or nuts, and other tropical plants for medicinal or perfumery purposes or for export as live plants.
The financial services industry of St. Kitts and Nevis has been developed on the foundations set by legislation passed for the registration of companies, foundations, trusts, international insurance, and trust service providers. It is expected that St. Kitts and Nevis will eventually take its place as a center for offshore services, which will contribute significantly to the local economy in the future.