ARTICLE · 10 FEBRUARY 2004

St. Kitts: An International Financial Centre

St Kitts Financial Services Department

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St. Christopher ("St. Kitts") forms a part of the twin-island Federation known as "St. Kitts & Nevis". The Federation has a history of political and economic stability. The economy is well diversified and since the 1980’s the Federation has experienced excellent growth rates averaging 5% and reaching 7% in 1997.

Saint Kitts and NevisWealth Management

Article by Shawna Brisbane, Director, Marketing & Development Department

Ministry of Finance, St. Kitts

St. Christopher ("St. Kitts") forms a part of the twin-island Federation known as "St. Kitts & Nevis". The Federation has a history of political and economic stability. The economy is well diversified and since the 1980’s the Federation has experienced excellent growth rates averaging 5% and reaching 7% in 1997.

St. Kitts focuses on foreign investments that will generate employment opportunities by upgrading and expanding the island’s infrastructure. St. Kitts therefore places emphasis on both industrial development and financial services.

In April 1997, St. Kitts launched itself as an International Financial Centre with the enactment of three pieces of legislation viz.

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