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Invest Nevis

Investment 

Calculators

 

 

Our legislation and policies are designed with your needs in mind

 

Investors are invited to use our online calculators to better understand what incentives are available and to obtain estimation of the total project cost.

 

Competitive tax incentives are available at development and operations stages in key investment sectors. Based on the size and nature of the investment a set of exemptions and benefits may be awarded to qualifying projects. The Incentives Calculator may be used to calculate the cost of your overall savings for your proposed project. For individuals who are building a villa or a hotel, the Real Estate Calculator may be used to determine the budget required for your project.

Real Estate Calculator

 

This function enables the calculation of land, building, building materials, legal and immigration costs. Investors can use this tool to calculate their project cost before and after incentives.

 

Incentives Calculator

 

This function enables the calculation of cost savings on the importation of materials, equipment and machineries depending on the industry where the investment is made.

 

Incentives Overview

 

 

AGRICULTURE SECTOR

 

Livestock Farmers

Fishermen

Crop Farmers and Agroprocessor

 

  • Exemption from Import Duties and VAT on equipment, machinery and supplies specific to the sub sector
  • Exemption from Import Duties on specific vehicles
  • Exemption from Income Taxes including Unincorporated Tax
  • Special water rates

 

ENTERTAINMENT SECTOR

 

Film

Commercials

Photo Shoots

 

  • Exemption from Import Duties and VAT on equipment, machinery and supplies specific to the sub sector
  • Special incentives depending on project type
  • Tax holiday for locally incorporated production companies
  • Expedited Work Permits
  • Concierge Services

 

TOURISM SECTOR

 

Hotel Construction and Renovation

 

  • $5,000,000 - $25,000,000

Exemption from Import Duties on building materials, equipment, machinery, furniture and special purposes vehicles

 

  • Over $25,000,000

Exemption from Import Duties and VAT. Payment of 12% Customs Service Charge on building materials, equipment, machinery, furniture and special purpose vehicles

 

New Hotel Commencement of Operation

 

  • Income Tax Holiday for 5-10 years in first instance with option to renew Restaurant Construction and Renovation
  • $1,000,000 - $25,000,000

Exemption from Import Duties on building materials and furniture

 

  • Over $25,000,000

Exemption from Import Duties and VAT. Payment of 12% Customs Service Charge on building materials, equipment, machinery, furniture and special purpose vehicles

 

Other Tourism Enhancement Projects

 

  • $1,000,000 - $25,000,000

Exemption from Import Duties on building materials and furniture

 

  • Over $25,000,000

Exemption from of Import Duties and VAT. Payment of 12% Customs Service Charge on building materials, equipment, machinery, furniture and special purpose vehicles

 

OTHER SECTORS

 

Renewable Energy and Energy Efficiency Devises

 

  • Exemption from Import Duties and Customs Service Charge Creative Arts
  • Exemption from Import Duties on equipment, machinery including musical equipment

 

*Exchange rate $2.70 XCD = $1 USD