Today we will be looking at Saint Luc- err… Sorry, Saint Vincent and the Grenadines. Mostly known for the shoe-box banks Loyal Bank and the aptly named Euro Pacific Bank, being neither in Europe nor the Pacific. While the official ISO-3166 alpha-3 shorthand is VCT, the long Saint Vincent and…
At long last, it is finally the Seychelles’ turn to be dissected and examined. Its reputation is among the worst in the industry. Few surpass it: Nauru, Comoros, Liberia, and maybe Vanuatu. What may superficially look like just another IBC jurisdiction with an international banking act actually has some interesting…
Today we continue our journey across jurisdictions that are so similar it becomes difficult to tell them apart. This time, the subject matter is the island of Saint Lucia, a tax haven which sees an overrepresentation of Italian clientèle. This tiny little island hinges at the extreme of the Caribbean,…
The time has finally come to cover one of the most requested jurisdictions: Belize. This former British territory, previously known as British Honduras, is one of the cheapest and most popular offshore jurisdictions in the world today. Belize is one of the most heavily marketed jurisdictions on message boards, online…
Among the most remote jurisdictions I will cover, Cook Islands are one of the Pacific tax havens along with such noteworthy neighbours as Samoa and Vanuatu. Cook Islands consist of 15 stunningly beautiful islands spread out in the warm waters of the south Pacific. This tax haven is an associated…
Note that this article compares concepts across different legal systems and jurisdictions, which invariably is prone to flaws. As always, exercise due caution and seek qualified advisement. Furthermore, I am going to glance over some business concepts that you shouldn’t come here to learn. Wikipedia and Investopedia are good places…
While Montserrat was our last British Overseas Territory in the Caribbean, there is a lot left to explore in these warm, shallow waters. Next on the agenda is the (in)famous archipelago of The Bahamas (or commonly just Bahamas), one of the true veterans in the offshore financial services sector. History…
This is it. The final British Overseas Territory in the Caribbean. Don’t worry. We will get to Guernsey and finally Jersey in a few weeks. Let’s blow the dust off the Montserrat offshore sector and see what this lava-spewing volcano charming island has to offer. History Montserrat may have been…
Two weeks ago we were looking at the Cayman Islands. Today we travel west to a pair of islands called Saint Kitts and Nevis, a former British territory but today an independent nation. A veritable must-have in the asset protector’s bag of tricks, this little nation is known for its…
Today, we return to our adventure across the seas to another British Overseas Territories: the British Virgin Islands (BVI). This jurisdiction is the grandfather of all IBCs and continues to play an important and controversial role in the international financial services sector. History As with much of the Caribbean, history…