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===Tourism=== The major source of revenue for Nevis as of 2023 according to [[International Monetary Fund|IMF]] is tourism.<ref>{{Cite journal |last=Dept |first=International Monetary Fund Western Hemisphere |date=2023-03-31 |title=St. Kitts and Nevis: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis |url=https://www.elibrary.imf.org/view/journals/002/2023/130/article-A001-en.xml |journal=IMF Staff Country Reports |language=en |volume=2023 |issue=130 |doi=10.5089/9798400239748.002.A001 |doi-broken-date=2 November 2024 |access-date=16 March 2024 |archive-date=16 March 2024 |archive-url=https://web.archive.org/web/20240316073503/https://www.elibrary.imf.org/view/journals/002/2023/130/article-A001-en.xml |url-status=live }}</ref> During the 2003β2004 season, approximately 40,000 tourists visited the island.<ref>[https://www.cia.gov/the-world-factbook/countries/saint-kitts-and-nevis/ CIA Factbook] {{Webarchive|url=https://web.archive.org/web/20201205061139/https://www.cia.gov/library/publications/resources/the-world-factbook/geos/sc.html |date=5 December 2020 }} (2006). Retrieved 8 August 2006.</ref> A five-star hotel ''(The Four Seasons Resort Nevis, West Indies)'', four exclusive restored plantation inns, and several smaller hotels including Oualie Beach Resort are currently in operation.<ref>{{cite web |url=http://www.oualiebeach.com/ |title=Oualie Beach Resort - Nevis Hotel |publisher=Oualiebeach.com |date= |accessdate=2022-08-06 |archive-date=20 July 2019 |archive-url=https://web.archive.org/web/20190720002651/https://www.oualiebeach.com/ |url-status=live }}</ref> Larger developments along the west coast have recently{{When|date=November 2018}} been approved and are in the process of being developed.<ref>[http://www.caribbeannetnews.com/cgi-script/csArticles/articles/000015/001529.htm "Developers pay US$10m installment for Nevis land"] {{Webarchive|url=https://web.archive.org/web/20060808184040/http://www.caribbeannetnews.com/cgi-script/csArticles/articles/000015/001529.htm |date=8 August 2006 }}. Caribbean Net News, 9 May 2006. Retrieved 8 August 2006.</ref>
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