Location BVI is very remote and is not well connected by flights. Personal income, as well as, capital gains, net wealth and inheritances are not subject to taxation. Disclaimer Although we use our best efforts to keep the information of this site accurate and up-to-date, we make no representations or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents of this website. Hey there! The BVI is one of the most popular, oldest, and most reputable offshore jurisdiction, which makes it very simple and easy to bank with a BVI company. The executive power of the British Virgin Islands is shared between the monarch of the United Kingdom who is represented by a governor.
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Now half way through , the BVI is the undisputed leader of the pack, with , IBCs accounting for nearly half the territory's national income in management fees. Flights from the UK take approximately 10 hours. This offers professionals challenging and interesting work, as well as that much sought after quality of life. CITCO group was established in to meet the needs of multinational and private clients after the second world war. Total Assets with the bank as a group is Billion dollar and net income was 9. Is there a payment gateway provider who also provides a merchant acquiring account? View our privacy policy.