General Information

Nevis is an island in the Leeward Islands in the Caribbean Sea. It is part of the State of St. Kitts and Nevis with the right of withdrawal.

Nevis has an area of 93 square kilometers and a population of 56,183 (2019). Ethnically, the black population dominates with about 90.4%, the other ethnic groups include mulatto (5%), Indian (3%), and other (1.6%).

The capital of Nevis is Charlestown.

The official language is English.

The national currency is the Eastern Caribbean dollar (XCD). 1 USD is equivalent to 2.7 XCD.

Nevis has a tropical climate with a constant sea breeze, slight seasonal variations in temperature; the rainy season is from May to November; average monthly temperatures are about 26°C, temperatures rarely fall to 18°C and rise to 32°C.

The time difference with Moscow is minus 7 hours.

The literacy rate is 97.8% (2019).

The telephone code is +1 869.

History

St. Kitts and Nevis were discovered by Christopher Columbus in 1493, but despite this, Spain did not colonize them.

One year apart (1623 and 1624) the colonies were founded, first by England, then by France. From that time, the two great powers fought over ownership of the islands, culminating in the Treaty of Versailles in 1783, which cemented English supremacy. St. Kitts and Nevis was also an integral part of the English colony of the Leeward Islands and the Federation of the West Indies.

In 1967, St. Kitts, Nevis, and Anguilla were assigned the status of "Associated States with Great Britain," which had the right to establish local self-government.

Traditionally, foreign policy and defense issues were attributed to Great Britain.

1980 marked the withdrawal of Anguilla from the federation of the three islands.

On 19 September 1983, the islands were granted the status of an independent state, the Federation of Saint Kitts and Nevis.

State Structure

As part of the federation of St. Kitts and Nevis, Nevis politics is conducted under a federal parliamentary democracy.

The head of state is the President of Ireland (Uachtarán), who is elected by the people for 7 years.

The executive branch is represented by the government, the Administration of Nevis. Nevis is headed by a Prime Minister. The Authority levies its own taxes and has a separate budget.

The legislature consists of His Majesty the King's representative (the Deputy Governor General) and the members of the Nevis Assembly. Nevis. Under the constitution, Nevis has the right to secede from the Federation in the event of a 2/3rds majority vote for independence in a local referendum. The Federation of St. Kitts and Nevis has a 14 or 15-member unicameral parliament (the Senate and House of Representatives sit and vote together). The Senate consists of 3 or 4 senators appointed by the governor general on the advice of the prime minister and the leader of the opposition. The House of Representatives consists of 11 members chosen by popular vote, of whom 8 are from Saint Kitts and 3 from Nevis.

The judiciary is represented by the Eastern Caribbean Supreme Court.

Economics

Nevis' main source of income is tourism.

Agriculture accounts for 3.5% of GDP. The main agricultural crops are cotton, coconut palm and sugar cane. Also they grow up tomatoes, bananas, pineapples, potatoes, yams, rice.

Animal breeding and fishery are also developed.

The industry gives 25,8 % of GDP. The industry is presented basically by enterprises of food-processing industry and agricultural raw-materials processing. Lately electronics are developed.

The introduction of offshore legislation has turned financial services into a rapidly growing economic sector in Nevis.

The incorporation of companies, international insurance and reinsurance, as well as several international banks, trust companies and asset management firms, have set the stage for a jump in the economy.

In 2000, the FATF blacklisted the jurisdiction as part of its anti-money laundering efforts. However, after legislative changes. the state was removed from the list in 2002.

Need a consultation from a specialist?
Share on social media:
RU EN