About Nevis
Nevis British Background and Location
Nevis is a former British colony that was sighted in 1493 by Christopher Columbus. Nevis is one of the islands that forms the Federation of St. Kitts and Nevis and is located in the Lesser Antilles.
Nevis Economy
A census conducted in 2006 showed that Nevis has a population of about 12,106. Nevis is at present economically dependent on tourism and once was a major sugar producer in the Caribbean. The fall of the sugar industry had major economic loss for Nevis, forcing the Government to find new ways and means to assist the country financially.
Nevis Offshore Financial Services
One of the decisions of the Nevis Government was to introduce a financial services sector. Currently, Nevis is a leading Caribbean offshore jurisdiction with advanced legislation for offshore entities. Nevis offers a series of offshore corporate services such as offshore company incorporation, international insurance, reinsurance, and trust formation, as well as offshore banking.
Nevis Offshore Financial Services
One of the decisions of the Nevis Government was to introduce a financial services sector. Currently, Nevis is a leading Caribbean offshore jurisdiction with advanced legislation for offshore entities. Nevis offers a series of offshore corporate services such as offshore company incorporation, international insurance, reinsurance, and trust formation, as well as offshore banking.
Nevis Multiform Foundation
Nevis Multiform Foundation is one of the most innovative offshore entities internationally. Legislation for the Multiform Foundation was passed in 2004 and is currently one of its kind. Nevis Multiform Foundations are adaptable entities that can be used in various capacities as trusts and companies and can be reverted from being one entity to the other.
Nevis offshore services are highly regulated and are administered through the Nevis Financial Services Commission which is authorized to promote and monitor Nevis offshore financial corporate services sector. Offshore services are provided only by licensed service providers who are normally referred to as Registered Agents. Providing Nevis offshore services in this framework is important to ensure that transparent and due diligence standards for international financial services are complied with.
As part of the Federation of St. Kitts and Nevis, Nevis also offers economic citizenship, which is administered via an investment programme. The programme presents two main investment possibilities, one being in the Sugar Investment Diversification Foundation and the other in real estate. Investing in the programme does not cause citizenship to be granted, but rather, qualifies an individual or family to apply for St. Kitts and Nevis citizenship, which is not guaranteed to an applicant.
Nevis is a sunny, serene Caribbean nation that offers an ideal tropical getaway and offshore residence for expats. Investors from all over the world have been drawn to Nevis and have invested in resorts, private homes, boutiques and holiday getaways. Nevis offshore financial services sector continues to develop and offer professional services to meet the needs of its diverse clientele.