To safeguard yourself against any destruction, you can purchase property insurance.
What happens if my purchased property for my St. Kitts citizenship-by-investment application is destroyed?
I love St. Kitts and Nevis and want to buy a home there for my citizenship application, but I am worried about the future of the home and keeping it for the required amount of years. What if before my minimum time is up, the property is devastated by a natural disaster, such as a hurricane? Am I obligated to repair it or buy another property? Why or why not?
If your investment property is damaged or destroyed by natural disaster or some other peril, you are not required to purchase a new one. However, there are several insurance options that can assist in the event of damage. Also, depending on where the investment is, there may be contractual requirements with the developers for either the investor or developer to maintain an insurance policy in respect of the investment property.