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Nevis llc: superb advantages for international financial planning
Is there anyone who doesn't like to have advantages? Well, if you are offshore-minded, you want all the international financial-haven advantages you can get. There is nothing wrong with being greedy in this arena – it's all morally correct!
A little background information is in order for those not familiar with this exciting island-Federation of St Kitts-Nevis. Christopher Columbus discovered both of these islands, but only St. Kitts (St. Christopher) was named after him.
St. Kitts-Nevis is truly an exceptional island-nation. In fact is has been named "The Business Jewel of the Caribbean ." There are many reasons for this honorable name -- I will only mention one. The eastern Caribbean island-nations (the eastern Caribbean archipelago) have their own central banking system and they chose to locate their "Eastern Caribbean Central Bank" in St.Kitts-Nevis. As Proverbs 22:1 states, "A good name is to be more desired than great riches."
For those readers having a high interest in the Nevis LLC, you should know the following: 1) Location: about a 2.5 hour flight from Miami, 2) Language: English is the official language, 3) Political Stability: has been a sovereign constitutional nation since 1983, 4) British Parliamentary System (Common Law): is the governing legal system, 5) Banking and Business Environment: operates on the Eastern Caribbean Dollar (tied to $USD), and 6) Confidentiality and Privacy: are provided by statue. Also, Freedom House , a highly respected and independent research organization, ranks St. Kitts-Nevis as one of the freest nations in the world.
Now, we will review the superb advantages for using the Nevis LLC for international financial planning. This Limited Liability Corporation (LLC for short) is well known to the financially astute Americans, but less well known worldwide. For all practical purposes, it is a kind of legal hybrid between a company and a partnership, with most of the benefits of both.
The island of Nevis , the smaller island of the island-Federation, is well known for it savvy and entrepreneurial offshore enactments. It is this island that has enacted attractive American style LLC legislation with a very strong offshore flavor.
To attract the financially private-oriented client to its shores, Nevis has enacted strict confidentiality laws that forbid any disclosure of directors and shareholders of any LLC incorporated there except under court order, which has to be an extraordinary circumstance. Though the LLC itself is registered on Nevis , there is no public record of its members or managers.
Furthermore, this LLC is truly exceptional, in that no annual or other reports by members need to be filed with the Financial Services Department of Nevis. And, for additional privacy, which is most valued, the entity's records may be maintained anywhere in the world.
Obviously, this Nevis LLC is a highly protective offshore legal entity, and is one to have in your global arsenal. This being the case, it is one of the top choices of international asset protection lawyers. Accordingly, this Nevis entity shields its owners from personal liability for the debts of the LLC, and the LLC has the advantage over offshore corporations, in that since an LLC has no shares -- a court cannot attach shares.
And, even more exciting advantages, a Nevis LLC has neither a limitation on the number of members nor on ownership generally. And the members may be individuals or legal entities of any nationality. Moreover, there is neither a corporate tax, income tax, withholding tax, nor any other kind of tax levied in Nevis on assets or income originating outside of the Federation.
Also, expediency is at your doorstep. The Nevis LLC can be formed within twenty-four hours on the island of Nevis , and compared to other offshore jurisdictions the fees are considered low.
Finally, and of utmost importance, Nevis does not recognize the judgments of other countries. Nevis courts traditionally do not favor the granting of court orders against LLC's except under truly exceptional circumstances.
Without a doubt, the Nevis LLC goes the extra mile in offering you, the offshore client, superb advantages for making an international financial plan for protecting your wealth -- giving you maximum mental comfort.
NOTE: For further information on the ins and outs of the Offshore Wealth- Management, or doing business via a Nevis LLC in St. Kitts-Nevis, or if you are desiring to apply for a 2 nd Passport with an accompanying 2 nd Citizenship from the island-Federation of St.Kitts-Nevis, please contact me.
By Jack Godwyn
Ref: REWRITE#9 Nevis LLC-SuperbAdvtgs For Intl. Financial Planning
About the Author
Writer Jack Godwyn is acknowledged as a leading writer on offshore banking and asset protection matters. He has written many articles covering freedom, wealth protection and privacy issues.
Dagah feat. Marvalous:- "St.Kitts & Nevis State of Mind"