Open an account with Nevis Bank

What should I do if I need a Nevis bank account?

The small island state of St. Kitts and Nevis is located in the Caribbean Sea basin, which has gained worldwide fame thanks to the elite resorts in St. Kitts and international offshore companies in Nevis. Our Crystal Tax company will help you quickly organize the opening of an account in Nevis.

Opening a bank account in Nevis: main features

One of the main difficulties of working in this jurisdiction – this is its significant remoteness from our country and a huge difference in time zones.

The remoteness of the islands from developed countries has led to peculiarities in the operation of the banking system, which does not provide such services as Internet banking and serving foreigners in their native language. Also, non-resident individuals cannot open accounts here, work is carried out only with companies.

There are also certain restrictions for companies. Only firms with the following abbreviations in their names can be registered in Nevis:

• Inc;
• Limited;
• Corp;
• Corporation;
• Ltd.

It is also forbidden for these organizations to own real estate on the islands, carry out their activities and make a profit here.

Otherwise, the state is loyal to customers who decide to open an account here. Makes various concessions, reduces tax rates, simplifies the filing of documents, does not require annual income reporting.

An important advantage is also a high level of data confidentiality and a high level of deposit storage security.

What do I need to open a Nevis bank account?

The two largest banks enjoy the greatest popularity and influence in Nevis:

• Eastern Caribbean Central Bank;
• The Bank of Nevis Limited.

To become an account holder in these banks, you must submit the following documents:

• documentation confirming the amount of income;
• a completed questionnaire of the appropriate form;
• recommendations from former financial institutions;
• notarized copies of constituent documents;
• documents confirming the place of residence of executives;
• identification documentation of founders and managers in copies.

Despite the loyalty of the state policy, there are a number of features and requirements for paperwork in various financial and credit institutions. It is necessary to know all the features of registration and provision of information to banking structures. Therefore, if you do not want to be refused, in order to open an account in Nevis, you need to contact specialists who have the appropriate professional skills.

Our company provides legal services at a high level. Here you will find real experienced professionals who have thoroughly studied all the features of the work of banks in this jurisdiction. We will help to collect the necessary package of documents in accordance with all requirements, go through the entire registration procedure, select the most favorable conditions for cooperation.