St. Kitts and Nevis outpaces several Caribbean nations in attracting Foreign Direct Investment

Global companies and investors are showing increased confidennce in the economy of St. Kitts and Nevis and are increasingly tapping the business opportunties here.

The Economic Commission for Latin America and Caribbean (ECLAC) released a report which shows an increase in foreign direct investment into St Kitts and Nevis, to US$142 million for the year 2011.  This was a growth from the earlier year figure of US$122 million.

Some other Caribbean nations, notably Antigua & Barbuda, recorded a drop in Foreign Direct Investment over the previous year (US$64 million for 2011 compared to US$101 million in 2010).   Other nations in the region that showed drops include St. Lucia and Grenada.

[For more information about the Citizenship by investment program of St Kitts and Nevis, follow this link to the relevant page.]
Caribbean and Latin America received a total of US$153 billion in 2011.   In the global context, this represents about 10 percent of the total FDI flows.

Dominican Republic lead the region with an impression inflow of US$2.37 billion in 2011.

Among the main investors in 2011 were the United States (18 percent), Spain (14 percent), the Latin American and Caribbean region itself (9 percent) and Japan (8 percent).

[For more information about the Citizenship by investment program of St Kitts and Nevis, follow this link to the relevant page.]