Often confused with Dominica, the Dominican Republic is that Spanish-speaking country which shares an islands with Haiti. It also one of the nastiest tax havens around, home to barely-regulated offshore banks and secretive companies. Overview The Dominican Republic is located on the island of Hispanola and some smaller islands. It…
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…
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…
This article was written before the recent developments in the US-Cuban relations, which may lead to greater financial freedoms in Cuba. Banking Sector There is very little information available on the Cuban banking sector and spending time in and around Havana didn’t shed a ton of light either. Beautiful city,…
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…
This week, we are back in the Caribbean on our voyage across the British Overseas Territories. Second perhaps only to BVI in infamy and celebrity, it’s finally time to take a look at the Cayman Islands, from time to time referred to as the Americans’ preferred tax haven. But, as…
Has it been another year already? It sure looks like it. I have pondered ways to approach this in the best way possible. In previous years, I have almost exclusively listed banks that stood out during the year but I think that might not be the optimal approach. A list…